Report: Markets 'Are Like 1987 Crash'

Quote from Amnesiac:

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That is hilarious. Thanks.
 
What's interesting is that for the past month or so as the market as been tanking, we've never had a gap limit down to scare the crap out of everyone. It has always been a flat to slightly up open every morning then end of day tank. We will never bottom if this continues.

What would be nice is to see a 500+ pt plunge on the DOW at the open and a huge gap down on GOOG. Then grid up all day...
 
I was there in 87 and the similarities are amazing BUT then we didn't have a nuclear exchange pending with a psyco dictatorship to contend with !!!

We are set up for a massive correction in my opinion !
 
The major Foreign Markets dropped ass today.

Déjà vu anyone?

Maybe I was wrong earlier in this thread... :(

But probably not...

Oh, well. I'm on vacation. :D
 
Markets are hanging by a thread, especially the Nasdaq and tech stocks. I think everyone is waiting to see how earnings will look like in the next 2 weeks. If it is confirmed a slowdown in growth is on the horizon, it is going to be a very tough and dark winter for equities.
 
Futures down big now.

For the first time ever, GOOG is actually gapping down several points. When folks are actually dumping GOOG pre-market, you know there is REAL FEAR....
 
We need Cramer to issue one of his patented "Sell everything this market is terrible..." calls.

Then, THAT is the bottom! :p
 
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