Diamondbacks Bullpen Forum Index Diamondbacks Bullpen
The baseball forum that doesn't suck
 
 Home       News Feed 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 
Where do you think the DOW will bottom out ?
Goto page Previous  1, 2, 3 ... 12, 13, 14
 
This forum is locked: you cannot post, reply to, or edit topics.   This topic is locked: you cannot edit posts or make replies.    Diamondbacks Bullpen Forum Index -> Anything Goes
View previous topic :: View next topic  

Where will DOW bottom out ?
8,000
10%
 10%  [ 3 ]
7,500
27%
 27%  [ 8 ]
7,000
27%
 27%  [ 8 ]
6,500
13%
 13%  [ 4 ]
6,000
10%
 10%  [ 3 ]
5,000
6%
 6%  [ 2 ]
4,000
0%
 0%  [ 0 ]
3,000
3%
 3%  [ 1 ]
Total Votes : 29

Author Message
Gorfo57
Hall of Famer


Joined: 13 Oct 2006
Posts: 4231

PostPosted: Thu Jul 23, 2009 2:35 am    Post subject: Reply with quote

Will be interesting to see if the Dow can crack 9k before some serious profit taking before the close on Friday.

Nasdaq going for 12. Gotta love the run Intel and some of the chip stocks are on.
_________________
Let's develop some more quality starting pitching.
Back to top
View user's profile Send private message
Gorfo57
Hall of Famer


Joined: 13 Oct 2006
Posts: 4231

PostPosted: Thu Jul 23, 2009 8:18 am    Post subject: Reply with quote

Dow broke 9,000

+180 Dow 9062 currently
_________________
Let's develop some more quality starting pitching.
Back to top
View user's profile Send private message
Gorfo57
Hall of Famer


Joined: 13 Oct 2006
Posts: 4231

PostPosted: Tue Sep 22, 2009 10:24 pm    Post subject: Reply with quote

The rally that refuses to end.

What's going to happen when more of this cash moves off the sidelines?

The municipal bond market in CA has been going nuts over the past 3 weeks.
_________________
Let's develop some more quality starting pitching.
Back to top
View user's profile Send private message
Gorfo57
Hall of Famer


Joined: 13 Oct 2006
Posts: 4231

PostPosted: Wed Sep 23, 2009 12:59 pm    Post subject: Reply with quote

The Dow touched 9900 and it ignited a sell off that is producing a 150 pt U-turn going into the day's close.

ALTH goes before the FDA for new drug approval tommorrow.
_________________
Let's develop some more quality starting pitching.
Back to top
View user's profile Send private message
TAP
"Personality of a thumb-tack" - E Byrnes


Joined: 10 Aug 2006
Posts: 25953

PostPosted: Wed Oct 14, 2009 11:15 am    Post subject: Reply with quote

It's official: Dow 10,000
Blue-chip average reaches key milestone following better-than-expected results from JPMorgan and Intel.
Back to top
View user's profile Send private message
Gorfo57
Hall of Famer


Joined: 13 Oct 2006
Posts: 4231

PostPosted: Wed Oct 14, 2009 12:44 pm    Post subject: Reply with quote

It just topped 10,020 briefly.

Will be interesting to see if it can close above 10,000 with IBM and Google reporting tommorrow.
_________________
Let's develop some more quality starting pitching.
Back to top
View user's profile Send private message
TAP
"Personality of a thumb-tack" - E Byrnes


Joined: 10 Aug 2006
Posts: 25953

PostPosted: Wed Feb 17, 2010 2:34 pm    Post subject: Reply with quote

"The strength of our portfolio, leaner cost structure and accelerating market momentum give us the confidence to raise our full-year outlook."
- Mark Hurd, HP chairman and chief executive officer today while announcing HP's Fiscal Q1 2010 results
Back to top
View user's profile Send private message
qudjy1
Number Retired


Joined: 10 Aug 2006
Posts: 12060

PostPosted: Wed Feb 17, 2010 3:59 pm    Post subject: Reply with quote

Watched a great show last night about Brooksley Born....

http://www.pbs.org/wgbh/pages/frontline/warning/view/

Quote:
"We didn't truly know the dangers of the market, because it was a dark market," says Brooksley Born, the head of an obscure federal regulatory agency -- the Commodity Futures Trading Commission [CFTC] -- who not only warned of the potential for economic meltdown in the late 1990s, but also tried to convince the country's key economic powerbrokers to take actions that could have helped avert the crisis. "They were totally opposed to it," Born says. "That puzzled me. What was it that was in this market that had to be hidden?" (more )


Her final word at the end - it will happen over and over again unless something is done.
Back to top
View user's profile Send private message
TAP
"Personality of a thumb-tack" - E Byrnes


Joined: 10 Aug 2006
Posts: 25953

PostPosted: Wed Mar 10, 2010 2:34 pm    Post subject: Reply with quote

Today is the 10th anniversary of the peak of the technology-stock bubble.

http://online.wsj.com/article/SB10001424052748704145904575111952082691926.html?mod=e2fb
Back to top
View user's profile Send private message
Gorfo57
Hall of Famer


Joined: 13 Oct 2006
Posts: 4231

PostPosted: Sat Mar 13, 2010 5:25 pm    Post subject: Reply with quote

And March 9th marked the 1-year anniversary of the market bottom.

My top 5 performers:

TCK
SNDK
SMTGF
FCX
X

BAC would be one but I sold at 14 and bought back at 12.

My worst performer:

GME
_________________
Let's develop some more quality starting pitching.
Back to top
View user's profile Send private message
TAP
"Personality of a thumb-tack" - E Byrnes


Joined: 10 Aug 2006
Posts: 25953

PostPosted: Sat Mar 13, 2010 10:33 pm    Post subject: Reply with quote

Chinese Premier Warns of 'Double Dip' Recession
Back to top
View user's profile Send private message
Dre
Face of the Franchise


Joined: 05 Jan 2007
Posts: 5179
Location: RVA

PostPosted: Thu May 06, 2010 1:05 pm    Post subject: Reply with quote

no posts today?! reminded me of Fall of 2008

pure insanity... word is now that Citi had a bad trade that caused the cliff dive
Back to top
View user's profile Send private message AIM Address
TAP
"Personality of a thumb-tack" - E Byrnes


Joined: 10 Aug 2006
Posts: 25953

PostPosted: Thu May 06, 2010 1:13 pm    Post subject: Reply with quote

Dre wrote:
no posts today?! reminded me of Fall of 2008

pure insanity... word is now that Citi had a bad trade that caused the cliff dive

1,000 points within minutes.

Thanks Greece. Is California far behind?
Back to top
View user's profile Send private message
levski
Number Retired


Joined: 10 Aug 2006
Posts: 17727

PostPosted: Mon May 10, 2010 9:00 am    Post subject: Reply with quote

TAP wrote:
Dre wrote:
no posts today?! reminded me of Fall of 2008

pure insanity... word is now that Citi had a bad trade that caused the cliff dive

1,000 points within minutes.

Thanks Greece. Is California far behind?


Turns out Greece had nothing to do with it.
It was stupid systems Laughing
_________________
"Those whom the Gods wish to destroy, they first call promising." Cyril Connolly, 'Enemies of Promise'
Back to top
View user's profile Send private message
TAP
"Personality of a thumb-tack" - E Byrnes


Joined: 10 Aug 2006
Posts: 25953

PostPosted: Mon May 10, 2010 9:03 am    Post subject: Reply with quote

levski wrote:
TAP wrote:
Dre wrote:
no posts today?! reminded me of Fall of 2008

pure insanity... word is now that Citi had a bad trade that caused the cliff dive

1,000 points within minutes.

Thanks Greece. Is California far behind?


Turns out Greece had nothing to do with it.
It was stupid systems Laughing

billions vs millions. data entry.

It's all just zeros, right?
Back to top
View user's profile Send private message
matt
Face of the Franchise


Joined: 10 Aug 2006
Posts: 7391

PostPosted: Mon May 10, 2010 9:33 am    Post subject: Reply with quote

Add in billions of automated transactions and Wall Street poops its pants. Maybe automated trading should be banned?
Back to top
View user's profile Send private message
Dre
Face of the Franchise


Joined: 05 Jan 2007
Posts: 5179
Location: RVA

PostPosted: Mon May 10, 2010 10:54 am    Post subject: Reply with quote

matt wrote:
Add in billions of automated transactions and Wall Street poops its pants. Maybe automated trading should be banned?


mkt couldn't function without automation... you'd either get transaction costs that are tenfold what you're used to and participation would decline meaning you'd pay more for the actual securities as well. Automation is what makes the markets accessible to Joe Public.

Was just a perfect storm of events that happened to hit at the same time... Individual stock circuit breakers is the most logical answer and it seems like the talking heads are agreeing with it.
Back to top
View user's profile Send private message AIM Address
levski
Number Retired


Joined: 10 Aug 2006
Posts: 17727

PostPosted: Mon May 10, 2010 3:09 pm    Post subject: Reply with quote

Dre wrote:

Was just a perfect storm of events that happened to hit at the same time...


Wall Street speak for "we don't have a fucking clue what we're doing but we're blowing other people's money anyhow so we don't fucking care either"
_________________
"Those whom the Gods wish to destroy, they first call promising." Cyril Connolly, 'Enemies of Promise'
Back to top
View user's profile Send private message
matt
Face of the Franchise


Joined: 10 Aug 2006
Posts: 7391

PostPosted: Mon May 10, 2010 4:13 pm    Post subject: Reply with quote

I guess there is just a level of frustration with Wall St and how it operates. I feel like I know more than the average person about how it works but I barely understand the broad concepts. This is my simpleton view:

1. Wall Street allows people to invest in corporations which allows them to operate. Anything they do beyond that is negative and acts like a leach.

2. All they really do is move stacks of pretend money around. For that service, billions of dollars that could otherwise be going to real things like actual capital to build things or worker salaries get paid to assholes who think they are better than everyone else.

3. They have created a system that is so powerful that it can ruin everything quite quickly.
Back to top
View user's profile Send private message
Dre
Face of the Franchise


Joined: 05 Jan 2007
Posts: 5179
Location: RVA

PostPosted: Tue May 11, 2010 7:46 am    Post subject: Reply with quote

Best article I've seen about the newly coined "Flash Crash"

tries to explain it as concisely and simply so that everyone can get a general understanding of what "happened"

http://online.wsj.com/article/SB10001424052748704879704575236771699461084.html?mod=WSJ_hpp_LEFTWhatsNewsCollection
Back to top
View user's profile Send private message AIM Address
baldmaga
Hall of Famer


Joined: 11 Aug 2006
Posts: 3102
Location: Louisiana

PostPosted: Tue May 11, 2010 9:46 am    Post subject: Reply with quote

I'll be waiting for the Michael Lewis book to find out who made all the money due to this Wink
Back to top
View user's profile Send private message AIM Address
Display posts from previous:   
This forum is locked: you cannot post, reply to, or edit topics.   This topic is locked: you cannot edit posts or make replies.    Diamondbacks Bullpen Forum Index -> Anything Goes All times are GMT - 7 Hours
Goto page Previous  1, 2, 3 ... 12, 13, 14
Page 14 of 14

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum



visitors since April 13, 2006.
Powered by phpBB © 2001, 2005 phpBB Group