Stock Blood Bath #2 Tomorrow
 

Get ready. Asian markets already maxed down on banks :disgust Tokyo nikkei is already down 5%

you're right its getting ugly all over the news. wonder what banks are next in this blood bath called the stock market??

Man, move over and let me pass 'fore they have be to pullin' these Hush Puppies out your mothafuckin' ass!

when bots go wrong

no sucka... it's dolemite muthafucka... :thumbsup

The FED cant bail more banks out and banks are not able to buy the failing banks... I suppose the FED "could" bail them out if they want to totally tank the dollar... Great options we have here

I should have waited. I bought some today :Oh crap

Tokyo was closed yesterday genius, it's just playing catch up.

MOTHER FUCKING DOLEMITE! :thumbsup:thumbsup

Hells yes.

:1orglaugh:1orglaugh

i can dig it... :thumbsup

public trust can be established or broken down by the same media
trust is where financial institutions run on; as long as money comes in, there's no problem but when no money comes in anymore.....

Well today is definitely a down day after the selling pressure yesterday. However, if theres any other bad news then its gonna drag things down further.

Today Goldman Sachs is expected on Tuesday to report its worst quarterly results since going public in 1999. If the numbers are bad enough it'll spread contagion all over the financials and some other big investment bank is reporting tommorrow, which is expected to report bad results too.

So it could be a very bloody week on the markets.

wish i was in the market, would be placing alot of buy's this week..

Yes I know. But it does not seem to have stopped the European market from dropping again
http://news.yahoo.com/s/ap/20080916/.../world_markets

Doesn't look too bad so far.

Meh, 1.4% here, 1.6% there, UK had a harder time.. Hardly worth mentioning. I just detest how much the doom becomes a self fulfilling prohecy with a willing media whipping up fear and hysteria to sell eyeballs. Stocks plunged 22% in the '87 crash. THAT'S a blood bath. The local paper here had a header "Nightmare on Wallstreet" with the font written in half blood. Mmmm. Sober.
Oh well It's not all bad, long term investors will have a field day. A lot of P/E's are looking ridiculous. There is even a movement from spec stocks as blue chips are starting to provide significant growth for less risk over the long term. Just have to have a good stomach.

:1orglaugh The times? Thats a slight exaggeration... it wasnt half in blood. Point is if AIG falls tommorrow thatll keep things going.

Futures -2%. S&P is now 24% or so off its high.

http://img.photobucket.com/albums/v2.../nightmare.jpg


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Rumors of our death were exaggerated