The "up-to-the-minute Market Data" thread

Bank Of America Corporation. BAC (NYSE)
9:08am 02/20/2009
Pre-Market After Hours $3.58
Change: -0.33 -8.44%
Volume: 7,172,901

Bank Of America Corporation. BAC (NYSE)
9:11am 02/20/2009
Pre-Market After Hours $3.58
Change: -0.35 -8.91%
Volume: 7,134,243

Bank Of America Corporation. BAC (NYSE)
9:14am 02/20/2009
Pre-Market After Hours $3.57
Change: -0.36 -9.16%
Volume: 7,209,175

Yowza!!!

DJIA futures down +150

[edit on 2/20/2009 by Hx3_1963]

reply to post by Hx3_1963


Yes I'm watching. It's going down deep today. It is a quick fall off the cliff. We're about to wipe a few trillion in real assets away.

Russia 520.45 -28.76 -5.24% 17:15
Hungary 10163.86 -486.46 -4.57% 15:01
Austria 1446.85 -66.09 -4.37% 15:01
Norway 191.54 -7.97 -4.00% 15:02

catchy ain't it?!?

Citigroup Inc. C (NYSE)
9:28am 02/20/2009
Pre-Market After Hours $2.21
Change: -0.30 -11.95%
Volume: 3,182,621

Bank Of America Corporation. BAC (NYSE)
9:28am 02/20/2009
Pre-Market After Hours $3.56
Change: -0.35 -8.95%
Volume: 7,965,122

IMO we are going to fall through the floor rather quickly from here on in. I'm wondering if the confidence will be all together gone when the Dow hits 6000 or 5000. What will happen then?

Russia 519.18 -30.03 -5.47% 17:34
Frankfurt 4043.53 -171.68 -4.07% 15:22
Hungary 10116.28 -534.04 -5.01% 15:22
Austria 1445.15 -67.79 -4.48% 15:22
Czech 631.00 -26.00 -3.96% 15:16
Norway 190.89 -8.63 -4.33% 15:22

A Black Hole is forming...

Bank Of America Corporation
3.24 Change:-0.69 -17.56%

I'm gettin' real itchy here...thinkin' of makin' a Bank Run...

What's really scarey about all this is most people don't have a clue about what's going on out here right now...gonna be completely cought off guard...

[edit on 2/20/2009 by Hx3_1963]

Commercial Property Activity Falls to 12-Year Low

U.S. commercial real estate activity slowed to its weakest level in 12 years in the fourth quarter, signaling another six- to nine-month slump, the National Association of Realtors said on Thursday.

Commercial real estate prices, meanwhile, fell 14.9 percent in 2008 to levels last seen in 2005, Moody's Investors Service Commercial said in a separate report on Thursday. From their peak in October 2007, prices have fallen 16 percent, Moody's said.

The NAR's index of commercial brokerage activity declined 6 percent to 109.2 last quarter from a downwardly revised 116.1 in the third quarter, the industry group said in a statement. It was the lowest reading since the last quarter of 1996, an NAR spokeswoman said.

Are we starting to see the cracks in the commercial real estate market? Some prediction may be coming true here.

reply to post by projectvxn


crack? sinkhole more likely...
somethings gotta give...

Why scream gloom & doom - let's have some fun with this?

That said, I think today could be the day some on ATS have posted about over the last 2 weeks with the whole Reinhart thing, that other prediction model about a loss of 800-1000 pts. Here's why I think it could be today:

*It's friday TPTB always like a nice break after a sharp loss
*Last nights Japan and EU drops
*We have hit new lows in the dow and s& p and now they will be searching for the new bottom. If it drops below 7000 at any point today *look out* I'm thinking massive sell off
*I'm having a gut feeling about this one; In prior days, even with all of our hype I was like "meh" but today I've got that vibe. Over the past week, I've enjoyed watching overnight the EU squakbox (those Brits are so polite even when freaking out they use such decorm in their speech) So I tried a switch and actually got a little rest last night and operated this morning on not looking at the futures or media propoganda. (Honestly, I wouldn't even be suprised if the media tried to downplay things this morning) If anyone's watching, lemme know about this - I'm doing my own media blockout till about 10am Hey - that's in a few minutes!)

Please don't hammer me, I too have grown a skeptic bone over the last 10 years but, I thought we could have a little fun with this serious topic. I know the serious analytic types (hey, Im a virgo too) will yell hogwash but I'm just going on my own intuition today.

So, let the games begin - you want play guess the dow drop? Should we have predictions for noon est & closing or just do closing? I keep getting a feel of mid 200 pt drop - it would take it close to the 7k mark but not below. Again, I think if at any point it goes below 7k peeps will say frak it and massive sell off ensues.

Again, just a light hearted look at this ultra serious topic. H - I know you'll be down with this - you've had your pulse on these issues all week so I'd like to know your gut feelings.

Thanks in advance for not ripping me from limb to limb, I'm short and need what little leggage I've got.

reply to post by Whisper67


You may not be far off the mark there. DJI could drop to 7000 or lower. Depends on what happens in the news. And what Obama's next moves are. Right now we have two public bank runs.

They're covering it on CNBC

reply to post by projectvxn


I just saw that to. I think thats just the beginning. Personally, once BOA hits around $1.50 a share I'm pulling out.. People might think thats part of the problem, but I could care less.. We pay major taxes already that are suppose to keep these places afloat. I'll be damned if the get my checking and savings to!

I'll take -175 at close...
2nd



Russia shut down again...


[edit on 2/20/2009 by Hx3_1963]

More homeowners say homes depreciated: survey

By Julie Haviv NEW YORK (Reuters) - A record number of U.S. homeowners thought their homes had depreciated in value in February, according to a Reuters/University of Michigan survey published on Friday. Among those surveyed, 64 percent reported declines in the value of their homes, sharply up from 35 percent a year earlier and just 3 percent in the February 2006 survey. Just 9 percent thought the value of their home had risen, the lowest recorded since that question was first asked nearly two decades ago. The outlook for home prices in the year ahead was grim as only 8 percent anticipated any increase in the value of their home and 30 percent expected a decline, the most negative balance of opinion recorded. Overall, an average nationwide decline of 2.0 percent was anticipated during the year ahead, just ahead of a 1.9 percent drop expected in the January survey and the largest expected decline recorded.

Are they the bank runs in Antigua or in the USA?

I don't get CNBC here in Spain - just Bloomberg and they're talking very gloomy.

reply to post by Maya00a


Antigua from what I got out of the story on CNBC. I think they said Stanford was the one

reply to post by Maya00a


Antigua, Venezuela, Brazil, Mexico pretty much Caribbean/Latin America/South America???

[edit on 2/20/2009 by Hx3_1963]

We really need to keep an eye on Eastern Europe. They are in one of those Domino effect positions right now and are not likely to get out of it soon:
Latvian PM quits as crisis bites

Latvian Prime Minister Ivars Godmanis and his government have resigned, amid political turmoil triggered by the Baltic state's economic crisis. President Valdis Zatlers has accepted the resignations. Earlier the two largest parties in the ruling centre-right coalition had demanded the PM's resignation. International lenders, including the IMF, World Bank and EU, have pledged 7.5bn euros (£6.6bn; $9.5bn) to shore up Latvia's struggling economy. Protesters demanding the government's resignation clashed with police in the capital Riga on 13 January. But Mr Godmanis then survived a parliamentary no-confidence vote on 3 February. Latvia's economy is in recession, having shrunk at the fastest rate since the early 1990s, when it split from the Soviet Union. It is expected to contract by 12% this year.

That beyond the benchmark of 10% contraction that defines an economic depression. I'm not looking forward to this making it around the world. Alot of Eastern Europe is in the exact same problem.

reply to post by KaginD


I'm sorry I meant one. I apologize. Stanford has triggered runs in alot of places.

Citigroup Inc.
-19.81%
10:17 am est

Bank Of America Corporation.
-13.23%
10:28 am est

[edit on 2/20/2009 by Hx3_1963]

This was from last night...Gee, I wonder if that came true:

Pros Say: We're Not Done Falling