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WTF the markets? - 5/6/2010 12:30:52 PM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		DOW down, gold up- it is crazy.

Nearly all financial servers are jammed., Gold  1209.70
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RE: WTF the markets? - 5/6/2010 1:12:11 PM   
popeye1250


Posts: 18104
Joined: 1/27/2006
From: New Hampshire
Status: offline 		And *another* benefit of this "global economy!"
Now the IMF (our taxdollars) will "help out" another failing economy.
Just who was the *genius* who came up with this "global economy" crap anyway?
They're not "third world countries" anymore they're....."~developing countries!~"! Only thing is the only thing they're "developing" is more poverty and more population.
So, we kick the can of corporations' debt down the road far enough and the next thing you know we have to kick the can of countrie's debt next!
You can only reward failure for so long.

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RE: WTF the markets? - 5/6/2010 1:13:57 PM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		Gold was up but silver down- now both are up.  The after markets can be interesting to watch.



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RE: WTF the markets? - 5/6/2010 1:23:01 PM   
DomYngBlk


Posts: 3316
Joined: 3/27/2006
Status: offline 		Just the tip of the iceberg. Wait till they downgrade Portugals debt. That should be fun.

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RE: WTF the markets? - 5/6/2010 1:25:02 PM   
sappatoti


Posts: 14844
Joined: 10/30/2006
From: the edge of darkness...
Status: offline 		Looks like the dominos have begun to fall.

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RE: WTF the markets? - 5/6/2010 3:11:26 PM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		http://www.youtube.com/watch?v=wsIouHZsruQ&playnext_from=TL&videos=4VSGD3rRJLI&feature=sub

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RE: WTF the markets? - 5/6/2010 3:40:07 PM   
subrob1967


Posts: 4591
Joined: 9/13/2004
Status: offline 		James Brown said it best in 74

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RE: WTF the markets? - 5/6/2010 3:55:30 PM   
Sanity


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Joined: 6/14/2006
From: Nampa, Idaho USA
Status: offline
My bad, I only meant to sell millions and my finger slipped.

Sorry.

http://www.cnbc.com/id/36999483


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RE: WTF the markets? - 5/6/2010 3:58:41 PM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline
quote:

ORIGINAL: Sanity


My bad, I only meant to sell millions and my finger slipped.

Sorry.

http://www.cnbc.com/id/36999483



Does that same computer control the nukes?   How about oil rigs?

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RE: WTF the markets? - 5/6/2010 4:01:07 PM   
DomYngBlk


Posts: 3316
Joined: 3/27/2006
Status: offline 		Bush did it

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RE: WTF the markets? - 5/7/2010 5:48:10 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		CNBC’s Bartiromo: ‘That is Ridiculous. This Really Sounds Like Market Manipulation to Me’

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RE: WTF the markets? - 5/7/2010 5:49:19 AM   
Elisabella


Posts: 3939
Status: offline 		I accidentally the whole economy.

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RE: WTF the markets? - 5/7/2010 5:53:57 AM   
DarkSteven


Posts: 28072
Joined: 5/2/2008
Status: offline
quote:

ORIGINAL: Sanity


My bad, I only meant to sell millions and my finger slipped.

Sorry.

http://www.cnbc.com/id/36999483



That is beyond insane.  Anyone deliberately manipulating the markets like that would be locked up.  The system should have better safeguards against accidents!


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RE: WTF the markets? - 5/7/2010 5:58:48 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		I don't think too many beleive that pressing the B - rather then the M, caused this damage.

Also in 87 they fixed all this.

So- ok- they lie- but what about next time?   Like next week?   They say they will void some trades now- but whos?  How do they figure that out?



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RE: WTF the markets? - 5/7/2010 7:59:21 AM   
Lucylastic


Posts: 40310
Status: offline 		just listened to the money market guy when the stock sank...LMAO I wonder if he is feeling just a lil bit sheepish and dumb today
I wonder if he has ulcers or heart problems!

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RE: WTF the markets? - 5/7/2010 9:30:41 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		I doubt it. PMs have done well this year.

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RE: WTF the markets? - 5/7/2010 11:24:25 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		http://www.rallymonkey.com/video/kenindex.swf   lol

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RE: WTF the markets? - 5/7/2010 6:20:55 PM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		http://eclipptv.com/viewVideo.php?video_id=11757

Webster Tarpley - World economies in depression

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RE: WTF the markets? - 5/7/2010 7:46:25 PM   
thornhappy


Posts: 8596
Joined: 12/16/2006
Status: offline 		50-70% of all trades in NY are done via high-speed, computer-generated trading.  With programmed trades, the system can run off and practically kill itself before someone intervenes (took 2 minutes to figure out what was going on).  Trading in just 2 stocks accounted for half the losses.

The "circuit breakers" instituted after '87 need updating, since they are kinda old school for today's trading environment.

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RE: WTF the markets? - 5/7/2010 7:47:53 PM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		it is called front running.

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