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    US Comptroller on 60 Minutes: America is facing total collapse

    We were warned.
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    What's the real price of real estate now?

    yeah but Houston is in TX....yah naow the lone star state...country.
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    International Trade Seizing Up Due to Banking Crisis

    This is absolutely scary stuff. I have seen this only once before and it required the Government to provide the letter of credit. If international trade stops countries will go under! http://www.bloomberg.com/apps/news?pid=20601087&sid=ag9hyqQ1tymU&refer=home Global Loan Crunch Hampers...
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    The Coming Rally Will Be Monumental

    traders are from mars. stock_trad3r is from venus. :D
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    Nikkei futures down 12.5%

    Oil sub $80 tomorrow. More forced liquidation (sellers) of contracts than buyers. This will also place downward pressure on oilers and market as a whole.
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    Nikkei futures down 12.5%

    What rate cut?
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    US mint stops selling gold coins, same with KITCO and colorado gold..

    GOLD DEFAULT DEAD AHEAD: The COMEX and London Metal Exchange are living on borrowed time in their corrupt gold game. They sell paper gold, and precious little actual gold metal. See a refreshing straightforward interview aired on CNBC of all places (click here). It is by Jurg Kiener, CEO of...
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    Nikkei futures down 12.5%

    Check out the yen did I just see 98.4 print?
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    Ppt

    They are out of cash...had to go begging for $700B from congress....don't you watch the news?
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    Nikkei futures down 12.5%

    More margin calls coming. Now expect massive liquidation and repatriation of foreign assets back to Japan etc. Expect Yen to fly up tonight and more selling in US tomo. More so with a long weekend.
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    The Coming Crash Will Be Monumental

    Market to be closed tomorrow (bank holiday) and 4 day weekend announced. Bush will roll out weekend recovery plan at 10AM.
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    CHK - Chesapeake Energy In Trouble?

    The reason they are heading down is also the spot price of nat gas that is in the $6.75/mmbtu range today. This is a low price. Also as oil keeps trending down will close the spread and put downward pressure on nat gas also.
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    Bush to speak at 10 AM tomorrow

    The only way out of recession/depression is through WAR. Bush to announce US is to invade the remaining axis of evil...IRAN and North Korea.
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    hyperinflation

    Time to dust off the hyperinflation discussion. My view is that we are at present in a deflationary period primarily driven by asset value decline. In addition any wage bargaining is now out the window as everyone looks to secure their current employment. However, the global tsunami of...
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    Fedup with the crushed trader pics!

    Better still.
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    DOW down 12.9% in only 5 days

    Yip...the boomers at my company are ALL moving to stable funds. They are not prepared to take anymore risk with retirement finish line in sight.
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    My guess is below 8000

    I'm looking at 8000 based on my charts.
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    A half point rate cut from 2.00% to 1.50%

    Helicopter is no f'king good when it runs out of fuel. Friggin chopper has been in the air for so long now it's crash and burn time even with 0%. Credit is frozen solid...shit this is an ice age equivalent for the financial markets and economy.
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    Anecdotal bottom indicator

    Don't look at the market indices look at the fundamentals and news reports. I truly believe that CircuitCity will be BK before year end and F & GM by end of next year. http://www.forbes.com/feeds/ap/2008/10/06/ap5515352.html Fitch downgrades Ford credit rating another notch By TOM...
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    Anecdotal bottom indicator

    Look the economy is going to take a major hit in all areas and with little to no credit (debt) available this will only accelerate the slow down. We are only in the start of a multi-year slowdown.....recession.... You guys seem to think that what took years of excess credit and monetary...
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