Market Crash Imminent?

Quote from S2007S:

Couple of months????????


How about a week or 2.
More...

You are correct. If Asia starts collapsing Sunday evening watch the Fed issue another press release like this:


Release Date: March 14, 2008

For immediate release

The Federal Reserve is monitoring market developments closely and will continue to provide liquidity as necessary to promote the orderly functioning of the financial system



===

This press release serves no other purpose than a warning to those big players, and to remind them who's boss.
 
Quote from Digs:

..."So FORTIS is predicting complete collapse of U.S. Financial Markets next week. I thought the timing of the fed minutes related to the Bear Sterns deal was a reminder to investors that the Fed will step in to prevent disruptions to financial markets, so we'll see if that happens again."..


HAVE YOU SEEN THE FED BALANCE SHEET, its all SPENT, if there was a bailout, then it would be directly from the taxpayer.

I wonder how congress would like that !
More...

Let's assume the Fed spent all their cash they have on the balance sheet. What's the legal process for Bernanke to walk over to his computer and add another half trillion or so to it's balance sheet.
 
Quote from The Kin:

You are correct. If Asia starts collapsing Sunday evening watch the Fed issue another press release like this:


Release Date: March 14, 2008

For immediate release

The Federal Reserve is monitoring market developments closely and will continue to provide liquidity as necessary to promote the orderly functioning of the financial system
More...
From my bablefish translantion:
"We will print as much money as needed to bail out any firms as needed because inflation is the only way possible out of the fact that the US government is essentially bankrupt. We and the government want the stock market to go up so the sheeple will keep quiet."
 
Looks like a 1000 point drop is going to happen sooner rather than later.

Maybe even tomorrow or Monday. By the end of next week at the latest :D

Not that this post contributes anything of value. I think Fortis and RBS will be proven right very soon.
 
Quote from The Kin:

Looks like a 1000 point drop is going to happen sooner rather than later.

Maybe even tomorrow or Monday. By the end of next week at the latest :D

Not that this post contributes anything of value. I think Fortis and RBS will be proven right very soon.
More...


I think the DOW is headed for a 1000+ single day drop sooner than later, with all this new just piling on day after day hour after hour something is going to give, if 1-2 more banks end up being bailed out by the fed, DOW 10k is coming.
 
08:44 FRE -49% and FNM -52% continue to plunge pre-mkt, also seeing heavy selling in the broad-based XLF -3%

LEH -9% is getting particularly hard-hit pre-mkt
 
You must log in or register to reply here.
Back
Top