10/9/08 - FSME Denninger Special Report - IT'S HERE!

I just had a thought about www.tickerforum.org...

KD (Genesis) and Pika-Steph have been amazing this past couple of weeks. But it is too little too late. I have visited ticker forum since this event www.tickerforum.org... and I can honestly tell you that Genesis is a hot-head who yells at people for what he considers "tinfoil". Where were they a year ago on this? Where was the alarm then? It must be the human condition, to yelp as the axe is coming. Just sayin'.

Don't get me wrong. The Nikkei and the Hang Seng are down BAD right now...but the flatlines in the trades...they take a lunch break over there.

It happens. Don't panic..yet. Don't forget your towel, though.

I'm just hanging around long enough to see what Europe does then I gotta hit it. Just because I work for myself doesn't mean I don't have to be at work on time.

Most of the people on CNBC are saying that the U.S. government should stay out of it, let the market correct itself and instead focus on our housing market and what's going on in our "REAL" economy, not what the stock market is doing. I tend to agree. I don't think today is going to be any worse than yesterday, in fact I think it will be fine. Dow futures are down, but not as much as they were. It's -153 now.

I did take the web bot advice and stocked up on food though, and it's payday so I will be buying more this weekend and gas is finally at a better price so I will be filling my tank. Beyond that, let's just hope for the best.

money.cnn.com...

Yes by all means tomorrow is the END OF THE WORLD so sell all your stock..Please Oh please sell it.........I will take "the hit" and buy as much as I can...I will do my small part for my country and buy *****sniff***** stock cheaply....GM Apple IBM sell it all.

reply to post by Cowgirlstraitup7

I still refuse to believe this is the end of the world. Actually, I 'know' it is not, it's more like a flushing.

But I'll have to say, it's definitely been a bloodbath here in asian markets.

Bloodbath in Asian markets as Dow plummets

And that is not an understatement, scary indeed.

Well I'm curious to see what will happen over here (Netherlands). AEX (Amsterdam Exchange) will open in 45 minutes.

OK, I do admit that the Hang Seng has been eating lunch for *quite* a long time. Did they trip a breaker? Nikkei futures tripped one earlier. If in fact the HSI tripped one..it's going to be a bloodbath on Wall St. this morning.

Like, bloodbath to the point where there will be a new species of flightless bird discovered on Long Island. "Plummetus Tradericus"

reply to post by netwarrior


unfortunately, no.
They didn't trip another breaker.
Indonesia has shut down their market indefinitely
Russian market still closed
and even scarier is that some people are speculating that the Pres address in the am will be to suspend trading here (which I doubt as Lehman Brothers auction begins today)

Strange/funny anecdotal stories abound about people using their credit cards late at night then having them refused a few minutes /an hour later - calling in to CC co. and being told they got flagged for fraud.

Only thing I know for sure is that the idjits in charge have no idea how to fix this broken machine.

My jaw is hitting the floor watching the European markets. They are opening down 5%, 7%, as much as 10%. This is scary stuff. I have never even heard of such a thing happening.

Holy crow...

I've just watched the FTSE tank...

This has happened FAST. 5% loss to 10% loss within minutes.

www.marketwatch.com...

Stay tuned people...

Does anyone know what the criteria for closing the exchanges in Europe are? Are they the same for each exchange? Same questions for the NYSE.

Rioting in the streets of Thailand due to the Asian market collapse.


Bloomberg


Will we be seeing the same in the US and Europe by the end of the day?


Unbelievable.

Originally posted by BluegrassRevolutionary
Does anyone know what the criteria for closing the exchanges in Europe are? Are they the same for each exchange? Same questions for the NYSE.

NYSE Circuit Breakers

Which European Market are you asking about? There are more than 1

Guys please keep updating on international markets and such for those like me that are completely economically and financially ignorant but I trust in what you guys say and even though it's 4:00am on my side I'm up and still interested in tracking how the int'l markets are doing and how you guys think it will go today in general especially with u.s. markets?

reply to post by redhatty


Oops, did I imply there was only one. I mean the FTSE, the CAC, SMI, XETRA DAX, etc. Do they all share the same criteria? Or does each have a different one. Thanks for the link to the NYSE.

This is not the end. This is planned controlled demo on our freedoms.
Do not panic, have some cash some gold and beans&bullits. sit back
and watch the show. They will give you opt.A or opt.B but remember
this was not an accident. they will give you a way out, but beware
many doors lead to hell and slavery.

peace and god bless you relentless.

p.s. not enough troops in u.s. to police the peeps and the brigade out
of northcom won't do. watch for assist from canada and mehico.
adios amiga!

reply to post by BluegrassRevolutionary


Sorry Bluegrass, I am searching but I cannot find any links to European Circuit breakers for their markets.

FTSE (UK) down 6%, started day down 10%
CAC (France)down 7.4 %
XTREA DAX (Germany) down 7.9 was down as much as 10%

Things could go downhill really fast from here. I'm in France, it's scary to see how little the media grasp the situation. My friends and family too, actually. Stocking up on food big time today.