[smallpoxgirl]

Hmmm...DJIA down 678 at the close. Probably not the end of the crisis just yet.

I think basically what we had yesterday and the first part of today, was just what you'd expect a very brief and tenuous respite from the rate cuts yesterday morning. It was a desperation move and only brought a brief lull in the bloodbath. I'd say this thing has another week to go? My SWAG would be a DJIA bottom some where around 6500-7000. Trying to call a bottom on that:

A SWAG is the best anyone can give at this point.

[Gebari]

Down 678.91 for the day. We're doomed aren't we? And we have the Lehman Bros. CDS auction to look forward to tomorrow.

The DOW has lost 2000 points since Friday, about 19%. That can surely only be defined as a 'crash'?

[Heineken]

Quarterly earnings reports are coming in and they look grim for the most part. The market now has to cope with that next, long chapter in the evolving disaster.

[Arsenal]

Ugh. The TED Spread just keeps getting larger. 4.23 and rising.

Ted Spread Nothing is unfreezing this market.

[Heineken]

We're poised on the brink of a depression. No wonder banks aren't starting to lend. They'd be nuts.

[Jotapay]

$this->bbcode_second_pass_quote('smallpoxgirl', 'H')mmm...DJIA down 678 at the close. Probably not the end of the crisis just yet.

I think basically what we had yesterday and the first part of today, was just what you'd expect a very brief and tenuous respite from the rate cuts yesterday morning. It was a desperation move and only brought a brief lull in the bloodbath. I'd say this thing has another week to go? My SWAG would be a DJIA bottom some where around 6500-7000. Trying to call a bottom on that:

A SWAG is the best anyone can give at this point.

[Gebari]

The TED spread new high is the most worrying thing of all. World governments have thrown absolutely everything at this problem and the situation is still deteriorating rapidly. Bank lending is almost totally frozen and the thaw continues to deepen. Maybe things are finally capitulating, there's nothing left to throw at the problem.

[jasonraymondson]

Do you know any virgins? Didn't a volcano erupt recently.

The god of volcano's and stocks is very upset.

Steps:
1.) Find a virgin.. gl
2.) Gag this supposed virgin
3.) Throw it in a volcano.
4.) Market Confidence restored.
5.) Rejoice, wait for peak oil

[smallpoxgirl]

$this->bbcode_second_pass_quote('jasonraymondson', 'D')o you know any virgins?

[Zardoz]

$this->bbcode_second_pass_quote('Heineken', '.')..679 points at the close. Absolutely stunning. Maybe this was capitulation??...

[Arsenal]

Replace virgins with any number of fat cat CEO's or anyone that received millions while the company/economy tanks. Then I would be on board.

[jasonraymondson]

$this->bbcode_second_pass_quote('smallpoxgirl', '')$this->bbcode_second_pass_quote('jasonraymondson', 'D')o you know any virgins?

[hironegro]

$this->bbcode_second_pass_quote('jasonraymondson', 'D')o you know any virgins? Didn't a volcano erupt recently. The god of volcano's and stocks is very upset.
Steps:
1.) Find a virgin.. gl
2.) Gag this supposed virgin
3.) Throw it in a volcano.
4.) Market Confidence restored.
5.) Rejoice, wait for peak oil

[Arsenal]

$this->bbcode_second_pass_quote('hironegro', 'E')van after the darkest nights morning still comes.

[hironegro]

$this->bbcode_second_pass_quote('Arsenal', '')$this->bbcode_second_pass_quote('hironegro', 'E')van after the darkest nights morning still comes.

[Madpaddy]

Who is Evan?

[smallpoxgirl]

$this->bbcode_second_pass_quote('Madpaddy', 'W')ho is Evan?

[jasonraymondson]

$this->bbcode_second_pass_quote('Madpaddy', 'W')ho is Evan?

[IgnoranceIsBliss]

$this->bbcode_second_pass_quote('Madpaddy', 'W')ho is Evan?

[VMarcHart]

FYI, on October 19th, 1998, the Dow closed at 8,466.45. Given or taken 100 points, we are where we were 10 years ago!

Apple pie, anyone?