Author Topic: Dow Crash Coming To Your 401K (2007 to 2022) (Read 466881 times)

Neurotoxin · « **Reply #1275 on:** August 19, 2008, 04:37:42 AM »

Housing Starts in U.S. Dropped to 17-Year Low in July

Aug. 19 2008 U.S. builders probably broke ground in July on the fewest houses in 17 years, signaling the residential-construction slump will continue to hurt growth, economists said before a government report today.

Neurotoxin · « **Reply #1276 on:** August 19, 2008, 04:45:51 AM »

gbers, anytime you see wild market swings (market up 200 points then down 200 points) this points to a WEAK unstable market.

please be careful.

NT

Neurotoxin · « **Reply #1277 on:** August 19, 2008, 02:10:20 PM »

Financial Unease Trips Up Stocks

Major indexes' losing streak continued Tuesday as those investors who haven't taken off on vacation were spooked by continued signs of credit-related fallout on Wall Street, a rebound in energy prices, and glum economic data.

The Dow Jones Industrial Average suffered a second straight day of decline, sliding 130.84 points, or 1.1%, at 11348.55. American International Group fell by 5.9% after a Goldman Sachs research report warned investors to stay away from AIG shares because of the potential for another round of capital raising.

youandme · « **Reply #1278 on:** August 19, 2008, 02:16:55 PM »

Quote from: Neurotoxin on August 19, 2008, 04:37:42 AM

Housing Starts in U.S. Dropped to 17-Year Low in July

Aug. 19 2008 U.S. builders probably broke ground in July on the fewest houses in 17 years, signaling the residential-construction slump will continue to hurt growth, economists said before a government report today.

hah that was crazy, I guess were getting back on track with somewhat real results now that the corrections in the New York building codes and permits have been adjusted for truths.

Neurotoxin · « **Reply #1279 on:** August 19, 2008, 03:11:10 PM »

Wholesale prices: Highest annual rate in 27 years

Tuesday, Aug 19, 2008

In another indication of growing inflation, wholesale prices increased in July to the highest annual rate in 27 years, according to a government report released Tuesday.

The annual Producer Price Index for finished goods rose 9.8% in the 12 months that ended in July.

The jump in wholesale prices is the fastest rate of increase since a 10.4% bump-up in June 1981, according to Joseph Kowal, economist at the Bureau of Labor Statistics.

Neurotoxin · « **Reply #1280 on:** August 20, 2008, 01:48:11 PM »

gbers, not much occurred today. the ailing US banking system continues to hold institutional investors on the sidelines.

NT

NEW YORK U.S. stocks traded mixed on Wednesday, with upbeat results from computer-maker Hewlett-Packard unable to offset ongoing concerns about ailing financial firms.

"We had a good report on energy this morning," said Paul Mendelsohn, chief investment strategist at Windham Financial Services. "But the market has been having trouble holding onto these gains."

"The other issue is there's no one around," Mendelsohn said, referring to the very low trading volumes typically seen in the second half of August.

Neurotoxin · « **Reply #1281 on:** August 21, 2008, 02:48:56 PM »

gbers, this is purely an experienced traders market. IMO long term investors should "keep their powder dry" and await the great opportunities that lie ahead.

NT

U.S. Economy: Leading Index Signals Deeper Slowdown

Aug. 21 The U.S. slowdown will deepen in the second half of the year as housing continues to slump and unemployment rises, according to a measure designed to predict the economy's direction.

The Conference Board's index of leading indicators fell 0.7 percent in July, more than triple the drop forecast by economists surveyed by Bloomberg News. Separate reports today showed the number of Americans collecting unemployment insurance remained near a five-year high last week and manufacturing in the Philadelphia region shrank for a ninth straight month.

``The economy has really shown one sign after another of weakening,'' Martin Feldstein, a Harvard University economist, said in a Bloomberg Television interview in Jackson Hole, Wyoming, where he's attending an annual Federal Reserve conference. Feldstein said he is ``much more pessimistic than a year ago'' about the outlook.

Neurotoxin · « **Reply #1282 on:** August 25, 2008, 01:13:27 PM »

gbers, my opinion remains unchanged. $:-\$

NT

U.S. stock losses mount along with financial worries

Aug. 25, 2008 NEW YORK U.S. stock indexes dropped about 2% Monday, retreating after three straight sessions of mostly gains, with concerns about the financial sector continuing to weigh on sentiment and housing data failing to appease investors' unease.
"Financial stresses are still permeating global financial systems, despite massive accommodation from the Fed," said analysts at Action Economics.

stormshadow · « **Reply #1283 on:** August 25, 2008, 02:05:30 PM »

NT, Please comment on this post...

--------------------------------------------------------------------

This is a FANSTASY price of gold, not backed IN ANY REALITY. 80% of the short position in gold is held by 6 investment banks (the bad guys). You know , the same people that brought you such hits as CDO's, SIV's, and all your favorite scam paper.

Hold physical and MAKE the price go up yourself. If just 10 PERCENT of the dumb people holding GLD or SLV converted to physical, you would be part of the solution, and part of a huge jump in price, not the problem.

You see, the SLV and GLD were CREATED as another vehicle to control the price of gold, dont believe the idiots out there who say it helped raise it. Most of those investors would own physical.

What happends when you short the GLD? You guessed, the Gold disappears, quite literally out the back door of the vault. When the time came and you really wanted your gold, so will everyone else, and you know it wont be there, at least not for everyone. All those shorts guarantee that.

Look at it this way, when you short the GLD, your selling gold that you dont own. So if you have to close your short, you would need to buy back the same gold your competing for because the SHTF(s___hits the fan senario). Buy physical and you will never sweat. They cant take that from you , but you bet Barclays and whoever will try to take your gold.

They also use your gold (lease it out) to cover shortages. Thats a no no, if its buried in ur backyard. See, your the reason gold is at 820 instead of 1200 right now. So stop it.

Neurotoxin · « **Reply #1284 on:** August 26, 2008, 03:07:12 AM »

gbers, the enormity of our current banking problems are NOT being told to the public. i cannot stress this enough.

IMO, it's imperative you understand and stay out of harms way.

NT

Neurotoxin · « **Reply #1285 on:** September 04, 2008, 05:38:26 AM »

market is still very weak.

IMO do not get sucked into headfake rallies. you'll regret it !

NT

Neurotoxin · « **Reply #1286 on:** September 04, 2008, 01:06:11 PM »

Sept.4 Dow Industrials drop 347 points on economic and financial woes.

NT

Neurotoxin · « **Reply #1287 on:** September 04, 2008, 04:42:39 PM »

Thursday September 4,
Wall Street plunges as retail sales reports, jobless data add to market's gloom about economy

NEW YORK (AP) -- Dejected investors sent stocks plunging Thursday, hurtling the Dow Jones industrials down more than 340 points after retailers and the government added to a mountain of bad economic news and devastated hopes for a late-year recovery.

NT

Neurotoxin · « **Reply #1288 on:** September 05, 2008, 10:40:36 AM »

Jobless rate jumps to 5-year high of 6.1 percent

September 5, 2008

The nation's unemployment rate zoomed to a five-year high of 6.1 percent in August as employers slashed 84,000 jobs, dramatic proof of the mounting damage a deeply troubled economy is inflicting on workers and businesses alike.

The Labor Department's report, released Friday, showed the increasing toll the housing, credit and financial crises are taking on the economy

NT

Neurotoxin · « **Reply #1289 on:** September 05, 2008, 04:17:36 PM »

U.S. Mortgage Foreclosures, Delinquencies Reach Highs

Sept. 5 Foreclosures accelerated to the fastest pace in almost 30 years during the second quarter as interest rates increased and home values fell, prompting more Americans to walk away from homes they couldn't refinance or sell.

NT

nicky.smth · « **Reply #1290 on:** September 05, 2008, 04:35:00 PM »

Quote from: Neurotoxin on September 05, 2008, 10:40:36 AM

Jobless rate jumps to 5-year high of 6.1 percent

September 5, 2008

The nation's unemployment rate zoomed to a five-year high of 6.1 percent in August as employers slashed 84,000 jobs, dramatic proof of the mounting damage a deeply troubled economy is inflicting on workers and businesses alike.

The Labor Department's report, released Friday, showed the increasing toll the housing, credit and financial crises are taking on the economy

NT

This rate is so off the truth it's not even funny..

Neurotoxin · « **Reply #1291 on:** September 06, 2008, 04:26:19 AM »

actual unemployment in the US is currently running at 13%.

released Gov. numbers are usually fudged.

NT

Neurotoxin · « **Reply #1292 on:** September 06, 2008, 06:45:11 AM »

Quote from: Neurotoxin on August 26, 2008, 03:07:12 AM

gbers, the enormity of our current banking problems are NOT being told to the public. i cannot stress this enough.

IMO, it's imperative you understand and stay out of harms way.

NT

WASHINGTON Sept. 6 — The government is expected to take over Fannie Mae and Freddie Mac as soon as this weekend in a monumental move designed to protect the mortgage market from the failure of the two companies, which together hold or guarantee half of the nation's mortgage debt, a person briefed on the matter said Friday night.

Some of the details of the intervention, which could cost taxpayers billions, were not yet available.

NT

Slapper · « **Reply #1293 on:** September 06, 2008, 08:43:04 PM »

Quote from: Neurotoxin on September 06, 2008, 06:45:11 AM

WASHINGTON Sept. 6 — The government is expected to take over Fannie Mae and Freddie Mac as soon as this weekend in a monumental move designed to protect the mortgage market from the failure of the two companies, which together hold or guarantee half of the nation's mortgage debt, a person briefed on the matter said Friday night.

Some of the details of the intervention, which could cost taxpayers billions, were not yet available.

not yet available............... .....to the public.

NT

And what do you think about it?

benz · « **Reply #1294 on:** September 07, 2008, 11:22:56 AM »

Quote from: Neurotoxin on September 07, 2008, 11:04:34 AM

Slapper, here's what i think.

NT

sunday is a good day to visit your brother's grave. ill take a piss on the flowers in the evening

Slapper · « **Reply #1295 on:** September 07, 2008, 11:29:59 AM »

Quote from: benz on September 07, 2008, 11:22:56 AM

sunday is a good day to visit your brother's grave. ill take a piss on the flowers in the evening

What? Tell your wife Mercedes to give me a call.

benz · « **Reply #1296 on:** September 07, 2008, 11:32:33 AM »

Quote from: Slapper on September 07, 2008, 11:29:59 AM

What? Tell your wife ~~Mercedes~~ constanza to give me a call.

fixed

Slapper · « **Reply #1297 on:** September 07, 2008, 11:36:26 AM »

It always amazes me when people here post shit about American citizens getting walfare help... and when we bail out private companies that have operations all over the globe these self-described "patriots" and adherents to rampant capitalism (which works according to them) seem to disappear.

benz · « **Reply #1298 on:** September 07, 2008, 11:40:19 AM »

Quote from: Neurotoxin on September 07, 2008, 11:34:48 AM

hey slapper, that disgusting cuunt mercedes/cuntstanza is MY bitcch !

NT

sure but ron is the reason i dont post your dead bros info and with that, expose your old & homosexual ass. I could use a gimmick and fuck you up but i promised ron to not threaten people anymore

ps: keep crying to mods to delete my posts

Neurotoxin · « **Reply #1299 on:** September 07, 2008, 11:44:20 AM »

Sept 7 2008 The Bush administration, acting to avert the potential for major financial turmoil, says the federal government was taking control of mortgage giants Fannie Mae and Freddie Mac.

Treasury Secretary Henry Paulson says the actions were being taken because "Fannie Mae and Freddie Mac are so large and so interwoven in our financial system that a failure of either of them would cause great turmoil in our financial markets here at home and around the globe."