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Dow Plunges More Than 200 Points, Drops Below 12,000

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#1 Thu, Jun 23, 2011 - 11:26am
SilverTree
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Dow Plunges More Than 200 Points, Drops Below 12,000

Bugsy Malone - Down & Out
Edited by: SilverTree on Nov 8, 2014 - 5:06am
Thu, Jun 23, 2011 - 11:31am
Violent Rhetoric
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I hated Tuesday but I'm

I hated Tuesday but I'm loving Thursday.

Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded — here and there, now and then — are the work of an extremely small minority, frequently despised, often condemned, and almost always opposed by all right-thinking people. Whenever this tiny minority is kept from creating, or (as sometimes happens) is driven out of a society, the people then slip back into abject poverty. This is known as “bad luck.” ~ Robert Heinlein
Thu, Jun 23, 2011 - 11:36am (Reply to #2)
davefess
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you bet

I am so glad I didn't get rid of my shorts, now it just needs to keep going!

"it's game over man, game over!"
Thu, Jun 23, 2011 - 1:35pm
davefess
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Nasdaq green now

and it looks like Dow may close in green if the buying continues at this pace. Don't you just love the free markets!

"it's game over man, game over!"
Thu, Jun 23, 2011 - 3:01pm
davefess
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here we go

Greece/EU&IMF agree to 5 yr austerity plan....hasn't even been placed in front of parliment yet, but dow just shot up 100 pts off the rumor. GRRRRRRRRRRRRRR

"it's game over man, game over!"
Thu, Jun 23, 2011 - 3:04pm (Reply to #5)
silvernomics
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Where did you get this, Dave?

Where did you get this, Dave?

Thu, Jun 23, 2011 - 3:05pm (Reply to #6)
davefess
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ZH

off the ZH tweet...what a joke!

"it's game over man, game over!"
Thu, Jun 23, 2011 - 3:05pm (Reply to #7)
silvernomics
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thanks

thanks

Thu, Jun 23, 2011 - 3:06pm
davefess
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not a problem

agree with your frustration from your other post

"it's game over man, game over!"
Thu, Jun 23, 2011 - 3:12pm
Violent Rhetoric
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Rat Bastards!   Greece/EU&IMF

Rat Bastards!

Greece/EU&IMF agree to 5 yr austerity plan....hasn't even been placed in front of parliment yet, but dow just shot up 100 pts off the rumor. GRRRRRRRRRRRRRR

Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded — here and there, now and then — are the work of an extremely small minority, frequently despised, often condemned, and almost always opposed by all right-thinking people. Whenever this tiny minority is kept from creating, or (as sometimes happens) is driven out of a society, the people then slip back into abject poverty. This is known as “bad luck.” ~ Robert Heinlein
Thu, Jun 23, 2011 - 3:15pm
davefess
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and I was enjoying the day

Still ok for the day, but liked it much better when the dow futures were down 180 points (funny how that was just 15 minutes ago)

"it's game over man, game over!"
Thu, Jun 23, 2011 - 5:47pm
Spinny
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I am so discouraged. I been

I am so discouraged. I been dumb and have been getting my but kicked on my short positions. They squeezed me out wednesday with a big loss and i was dumb enough to bite again this morning and have got my ass handed to me. Sitting in the red big time and dreading the thought of tomorrow. What to do????

What is the biggest public fallacy about market behavior? That markets are supposed to make sense. ~ Richard Dennis
Thu, Jun 23, 2011 - 6:04pm
davefess
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I am hanging on...

my option doesn't expire til mid july, but I am still a couple hundred points from the strike price. definitely getting nervous

"it's game over man, game over!"
Thu, Jun 23, 2011 - 6:55pm
Spinny
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At least I know I'm not

At least I know I'm not alone.

What is the biggest public fallacy about market behavior? That markets are supposed to make sense. ~ Richard Dennis
Thu, Jun 23, 2011 - 7:23pm
davefess
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there are quite a few of us

I still think short the rallies is the best trade, but I could be wrong.

"it's game over man, game over!"

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