DJIA sell off.

almost40 · August 4th, 2011, 11:24 AM

I know Im probably the only one that watches the stock market.
Todays sell off is HUGE. 350 points +
We might all be in trouble. Were back to 2009 levels.
Investors are running for cover. Gold is going down.
Everyone is cashing out.
The sky is falling today.

Is QE3 the answer?? NO.
No one knows what to do.
Bernankey is out of bullet in his gun to get the economy going. Its gona be an ugly ride.
When Europe reports a run on the banks start buying ammo. The dominos will fall. IMO

There are only 6 stocks out of the S&P 500 that are up today.
Its a bloodbath.

almost40 · August 4th, 2011, 11:27 AM

Check that 400+ points.
I would hate to be on margin today.

alex.s · August 4th, 2011, 12:13 PM

christ... it's a good thing i spent all my money on these gold fronts

whats the cause? did moodys downgrade us or something? just general "the government sucks"?

almost40 · August 4th, 2011, 12:31 PM

No confidence in the "summer of recovery" Europe sold off big yesterday. And bernankey is out of bullets.
Thats it in a nutshell.
The scarry part is the gold sell off.
Guess its not considered a safe haven today.
cash is king. No one knows where to jump next.

God knows I dont.
Only bright side is tressuries are climbing which is good for me.

Check this
http://www.reuters.com/article/2011/...7725O920110803

heard it put best this way.
When the fear of losing money (in the market) overcomes the fear of looking stupid, people....... sell sell sell.

almost40 · August 4th, 2011, 01:01 PM

Check that 400 points make it 512 and change.
What an ugly day for investors.

Heres another good quote from the talking heads.
In refrence to our financial situation here in the states.

We have been kicking the can down the road for so long...........Maybe today the can kicked back.

Thats priceless.

mrlmd · August 4th, 2011, 02:15 PM

Thank all your local legislators for that and the ones in Washington D.C.

kyrider · August 4th, 2011, 02:16 PM

We have no leadership.

Xoulrath · August 4th, 2011, 02:59 PM

Quote:

Originally Posted by kyrider

We have no leadership.

Sad but true.

alex.s · August 4th, 2011, 03:23 PM

noone could lead a congress committed to doing nothing but blocking everything that comes their way.

almost40 · August 4th, 2011, 03:35 PM

Lets not go political here. Its not just our economy thats the problem.
There may very well be a bounce tomorrow.
The trend is down and investors are not happy with the decisions in Washington AND Europe, count Aisa in the mix too.
Its a worldwide deal.

Yes we have a problem. Washington is only part of that problem.
If Europe was in good shape the money would flock that direction. It didnt. Nor did it head to Japan or China.
Give the investors a chance to catch there collective breath. We will see where the money goes next week.

Xoulrath · August 4th, 2011, 03:40 PM

Quote:

Originally Posted by almost40

Its a worldwide deal.

Indeed, it is. Everybody's screwed at the moment.

almost40 · August 4th, 2011, 05:03 PM

Quote:

Originally Posted by Xoulrath

Indeed, it is. Everybody's screwed at the moment.

Money knows no political party

Dont open your 401K statement next month if its tied to the market.
Unless you want to cry of course.

alex.s · August 4th, 2011, 06:06 PM

it's a world economy these days... other markets are ****ed because our market is ****ed. its a cascade effect...

CynicalC · August 4th, 2011, 06:13 PM

I just have one thing to say.

almost40 · August 4th, 2011, 07:04 PM

What nothing Cynical??? Im disappointed.

Dont bet on that bounce. this might get UGLIER

http://www.ft.com/intl/cms/s/0/f976a...#axzz1U7NVNmWJ

CynicalC · August 4th, 2011, 11:57 PM

Quote:

Originally Posted by almost40

What nothing Cynical??? Im disappointed.

Dont bet on that bounce. this might get UGLIER

http://www.ft.com/intl/cms/s/0/f976a...#axzz1U7NVNmWJ

It'll take more to break me. I lost 20k in 2009. Recovered nicely since then. Lost like 3k today. I'm sure that won't be the last of it but I'm not sweating yet...

kyrider · August 5th, 2011, 12:16 AM

Quote:

Originally Posted by CynicalC

It'll take more to break me. I lost 20k in 2009. Recovered nicely since then. Lost like 3k today. I'm sure that won't be the last of it but I'm not sweating yet...

I wish I could say that and unfortunately I don't think the bleeding is over.

I know the market will recover and in the long run I am very bullish.

mrlmd · August 5th, 2011, 06:14 AM

Politics and the economy are absolutely related. The decisions they make have an absolute effect on jobs, who gets them, where they are. Big business and banks with their money and lobbying power who buy politicians and get them reelected control the world and all of it's wealth. Time for another revolution.

mrlmd · August 5th, 2011, 06:30 AM

On a lighter note --

Link to original page on YouTube.

Alex · August 5th, 2011, 06:39 AM

I was just going to post that.

almost40 · August 5th, 2011, 07:43 AM

Love them commercials wish i seen that one on tv yesterday.
That was really funny.

alex.s · August 5th, 2011, 01:05 PM

hahaha wow. best etrade baby video ever. i wish that's what they actually aired.

almost40 · August 5th, 2011, 10:34 PM

Sideways on the DJIA today. Light volume compared to Thursday. Everyone was waiting on the sideline to see what happened with our credit rating.
Mon might be very interesting VERY

almost40 · August 6th, 2011, 01:00 AM

Quote:

Originally Posted by mrlmd

Politics and the economy are absolutely related. The decisions they make have an absolute effect on jobs, who gets them, where they are. Big business and banks with their money and lobbying power who buy politicians and get them reelected control the world and all of it's wealth. Time for another revolution.

Lets not get out of had here.
Politics is "factored in" long before a sell off. Then money has known which party was going to do what for months and months. The market factored in a republican congress just after the election just as it factored in who is in the white house just after that election. They all knew what each party is/was going to do. Thats more predictable than the market itself.
Were talking about investors feelings and not the economy so much.
Investors are scared at the moment. Maybe you should be too.

almost40 · August 8th, 2011, 08:01 AM

Here we go.....opened down another 350 points.

mrlmd · August 8th, 2011, 08:22 AM

Now it's coming back, only down 263. Some people are buying up all the bargains and some will make some money out of this, while most people loose their shirts. Thank you Congress for not being able to do the right thing, only just for the special interests who bought you, all of you.

almost40 · August 8th, 2011, 08:54 AM

Go ahead and try to blame congress. Others will blame the president. Some will blame the fed (brenankey) All are obviously not investors of a serious nature.
All are wrong.
I have explained it in an earlier post, but if it makes you feel good. Go for it.
I have tried to keep politics out of this thread as it really has no place here.

The interesting thing about today is gold
The money is moving that direction and thats...........
bad news
Add to that oil is tumbling as well and it all adds up to a Worldwide depression in investors minds.
Pretty much all the worlds major markets are down down down for the past 3 trading days.
Watch for that run on the banks........its the begining of the end.

We have a long way to go today and if the market ends up in negative territory its gona be a bumpy ride.

kyrider · August 8th, 2011, 09:14 AM

Could it be this simple?

Link to original page on YouTube.

CynicalC · August 8th, 2011, 09:32 AM

Quote:

Originally Posted by mrlmd

Now it's coming back, only down 263. Some people are buying up all the bargains and some will make some money out of this, while most people loose their shirts. Thank you Congress for not being able to do the right thing, only just for the special interests who bought you, all of you.

Why not stop bitching and start buying bargains?

coondog · August 8th, 2011, 09:49 AM

Quote:

Originally Posted by almost40

Check that 400+ points.
I would hate to be on margin today.

Put options have been selling briskly for a few years now and M1 going the same direction as market. I'm loaded for bear (for now). I was a specialist on my birthday for black monday, then started hearing the word "global" and knew we were finished in long run. Sold out years ago, hell people loved you as a loan shark then with the rates you could give. Then (now) it's section 8 foreclosures.

kyrider · August 8th, 2011, 10:20 AM

Things are gonna be O.K.!

The President is getting ready to speak!

Link to original page on YouTube.

almost40 · August 8th, 2011, 10:25 AM

Quote:

Originally Posted by CynicalC

Why not stop bitching and start buying bargains?

Theres the CynicalC I know. lol

I aint buyin Jack.

CynicalC · August 8th, 2011, 10:37 AM

What's cynical about that? Buy bargains, make money.

almost40 · August 8th, 2011, 10:45 AM

I thought you were being Cynical

We aint found the bottom yet. By a long shot. IMO

almost40 · August 8th, 2011, 01:02 PM

OUCH...Down 631 and change.
No bottom in sight.
The flight to gold and the sell off of crude tells all.

almost40 · August 8th, 2011, 01:03 PM

Quote:

Originally Posted by mrlmd

Now it's coming back, only down 263. Some people are buying up all the bargains and some will make some money

Sorry man hope u werent among the buyers at this point.

wtfh4xx · August 8th, 2011, 02:57 PM

Its a slaughter.
Down over 650 points today after dropping 400 on friday.
Were almost down to 10,000...

CynicalC · August 8th, 2011, 03:07 PM

Quote:

Originally Posted by wtfh4xx

Its a slaughter.
Down over 650 points today after dropping 400 on friday.
Were almost down to 10,000...

I don't even want to see what I lost. I was down $8k on Friday's closing.

almost40 · August 8th, 2011, 03:23 PM

You and everyone else with a 401K. Just dont look.

mrlmd · August 8th, 2011, 08:02 PM

The best thing that happened today was the closing bell.

August 4th, 2011, 11:24 AM	#1
almost40 ninjette.org Monkey Spank Name: Kevin Location: Illinois Join Date: Apr 2009 Motorcycle(s): 2008 250R Track-Bike Woodcraft clip-ons and rearsets FZ-6 track bike Posts: A lot.	DJIA sell off. I know Im probably the only one that watches the stock market. Todays sell off is HUGE. 350 points + We might all be in trouble. Were back to 2009 levels. Investors are running for cover. Gold is going down. Everyone is cashing out. The sky is falling today. Is QE3 the answer?? NO. No one knows what to do. Bernankey is out of bullet in his gun to get the economy going. Its gona be an ugly ride. When Europe reports a run on the banks start buying ammo. The dominos will fall. IMO There are only 6 stocks out of the S&P 500 that are up today. Its a bloodbath. __________________________________________________ Black 250R Full Area P QC Dyno Jet Kit 100 main 41T Rear Sprocket

August 4th, 2011, 11:27 AM	#2
almost40 ninjette.org Monkey Spank Name: Kevin Location: Illinois Join Date: Apr 2009 Motorcycle(s): 2008 250R Track-Bike Woodcraft clip-ons and rearsets FZ-6 track bike Posts: A lot.	Check that 400+ points. I would hate to be on margin today. __________________________________________________ Black 250R Full Area P QC Dyno Jet Kit 100 main 41T Rear Sprocket

August 4th, 2011, 12:13 PM	#3
alex.s wat Name: wat Location: tustin/long beach Join Date: Sep 2009 Motorcycle(s): wat Posts: Too much. Blog Entries: 5 MOTM - Oct '12, Feb '14	christ... it's a good thing i spent all my money on these gold fronts whats the cause? did moodys downgrade us or something? just general "the government sucks"? __________________________________________________

August 4th, 2011, 12:31 PM	#4
almost40 ninjette.org Monkey Spank Name: Kevin Location: Illinois Join Date: Apr 2009 Motorcycle(s): 2008 250R Track-Bike Woodcraft clip-ons and rearsets FZ-6 track bike Posts: A lot.	No confidence in the "summer of recovery" Europe sold off big yesterday. And bernankey is out of bullets. Thats it in a nutshell. The scarry part is the gold sell off. Guess its not considered a safe haven today. cash is king. No one knows where to jump next. God knows I dont. Only bright side is tressuries are climbing which is good for me. Check this http://www.reuters.com/article/2011/...7725O920110803 heard it put best this way. When the fear of losing money (in the market) overcomes the fear of looking stupid, people....... sell sell sell. __________________________________________________ Black 250R Full Area P QC Dyno Jet Kit 100 main 41T Rear Sprocket

August 4th, 2011, 01:01 PM	#5
almost40 ninjette.org Monkey Spank Name: Kevin Location: Illinois Join Date: Apr 2009 Motorcycle(s): 2008 250R Track-Bike Woodcraft clip-ons and rearsets FZ-6 track bike Posts: A lot.	Check that 400 points make it 512 and change. What an ugly day for investors. Heres another good quote from the talking heads. In refrence to our financial situation here in the states. We have been kicking the can down the road for so long...........Maybe today the can kicked back. Thats priceless. __________________________________________________ Black 250R Full Area P QC Dyno Jet Kit 100 main 41T Rear Sprocket

August 4th, 2011, 02:15 PM	#6
mrlmd ninjette.org sage Name: Marc Location: Crawfordville, Florida Join Date: Jan 2010 Motorcycle(s): 2005 Suzuki S50, 2006 Kawasaki Ninja EX250F, 1990 Honda PC800, 2000 Yamaha TW200 Posts: 848	Thank all your local legislators for that and the ones in Washington D.C.

August 4th, 2011, 02:16 PM	#7
kyrider ninjette.org certified postwhore Name: Bobbert Location: Russell Springs, KY Join Date: Jul 2011 Motorcycle(s): 2006 Ninja 250R Posts: A lot.	We have no leadership.

August 4th, 2011, 03:23 PM	#9
alex.s wat Name: wat Location: tustin/long beach Join Date: Sep 2009 Motorcycle(s): wat Posts: Too much. Blog Entries: 5 MOTM - Oct '12, Feb '14	noone could lead a congress committed to doing nothing but blocking everything that comes their way. __________________________________________________

August 4th, 2011, 03:35 PM	#10
almost40 ninjette.org Monkey Spank Name: Kevin Location: Illinois Join Date: Apr 2009 Motorcycle(s): 2008 250R Track-Bike Woodcraft clip-ons and rearsets FZ-6 track bike Posts: A lot.	Lets not go political here. Its not just our economy thats the problem. There may very well be a bounce tomorrow. The trend is down and investors are not happy with the decisions in Washington AND Europe, count Aisa in the mix too. Its a worldwide deal. Yes we have a problem. Washington is only part of that problem. If Europe was in good shape the money would flock that direction. It didnt. Nor did it head to Japan or China. Give the investors a chance to catch there collective breath. We will see where the money goes next week. __________________________________________________ Black 250R Full Area P QC Dyno Jet Kit 100 main 41T Rear Sprocket

August 4th, 2011, 06:06 PM	#13
alex.s wat Name: wat Location: tustin/long beach Join Date: Sep 2009 Motorcycle(s): wat Posts: Too much. Blog Entries: 5 MOTM - Oct '12, Feb '14	it's a world economy these days... other markets are **ed because our market is **ed. its a cascade effect... __________________________________________________

August 4th, 2011, 06:13 PM	#14
CynicalC ninjette.org certified postwhore Name: Colin Location: Bay Area Join Date: Feb 2011 Motorcycle(s): '96 EX250 Posts: A lot.	I just have one thing to say. __________________________________________________ Ç¥ñï©ª\| ßÿ Ñâ7µ®é. Äñt¡~§º¢Ïä\| ßý Çhøî©è.

August 4th, 2011, 07:04 PM	#15
almost40 ninjette.org Monkey Spank Name: Kevin Location: Illinois Join Date: Apr 2009 Motorcycle(s): 2008 250R Track-Bike Woodcraft clip-ons and rearsets FZ-6 track bike Posts: A lot.	What nothing Cynical??? Im disappointed. Dont bet on that bounce. this might get UGLIER http://www.ft.com/intl/cms/s/0/f976a...#axzz1U7NVNmWJ __________________________________________________ Black 250R Full Area P QC Dyno Jet Kit 100 main 41T Rear Sprocket

August 5th, 2011, 06:14 AM	#18
mrlmd ninjette.org sage Name: Marc Location: Crawfordville, Florida Join Date: Jan 2010 Motorcycle(s): 2005 Suzuki S50, 2006 Kawasaki Ninja EX250F, 1990 Honda PC800, 2000 Yamaha TW200 Posts: 848	Politics and the economy are absolutely related. The decisions they make have an absolute effect on jobs, who gets them, where they are. Big business and banks with their money and lobbying power who buy politicians and get them reelected control the world and all of it's wealth. Time for another revolution.

August 5th, 2011, 06:30 AM	#19
mrlmd ninjette.org sage Name: Marc Location: Crawfordville, Florida Join Date: Jan 2010 Motorcycle(s): 2005 Suzuki S50, 2006 Kawasaki Ninja EX250F, 1990 Honda PC800, 2000 Yamaha TW200 Posts: 848	On a lighter note -- Link to original page on YouTube.

August 5th, 2011, 06:39 AM	#20
Alex ninjette.org dude Name: 1 guess :-) Location: SF Bay Area Join Date: Jun 2008 Motorcycle(s): '13 Ninja 300 (white, the fastest color!), '13 R1200RT, '14 CRF250L, '12 TT-R125LE Posts: Too much. Blog Entries: 7	I was just going to post that. __________________________________________________ Montgomery Street Motorcycle Club / cal24.com / crf250l.org / ninjette.org ninjette.org Terms of Service Shopping for motorcycle parts or equipment? Come here first. The friendliest Ninja 250R/300/400 forum on the internet! (especially Unregistered)

August 5th, 2011, 07:43 AM	#21
almost40 ninjette.org Monkey Spank Name: Kevin Location: Illinois Join Date: Apr 2009 Motorcycle(s): 2008 250R Track-Bike Woodcraft clip-ons and rearsets FZ-6 track bike Posts: A lot.	Love them commercials wish i seen that one on tv yesterday. That was really funny. __________________________________________________ Black 250R Full Area P QC Dyno Jet Kit 100 main 41T Rear Sprocket

August 5th, 2011, 01:05 PM	#22
alex.s wat Name: wat Location: tustin/long beach Join Date: Sep 2009 Motorcycle(s): wat Posts: Too much. Blog Entries: 5 MOTM - Oct '12, Feb '14	hahaha wow. best etrade baby video ever. i wish that's what they actually aired. __________________________________________________

August 5th, 2011, 10:34 PM	#23
almost40 ninjette.org Monkey Spank Name: Kevin Location: Illinois Join Date: Apr 2009 Motorcycle(s): 2008 250R Track-Bike Woodcraft clip-ons and rearsets FZ-6 track bike Posts: A lot.	Sideways on the DJIA today. Light volume compared to Thursday. Everyone was waiting on the sideline to see what happened with our credit rating. Mon might be very interesting VERY __________________________________________________ Black 250R Full Area P QC Dyno Jet Kit 100 main 41T Rear Sprocket

August 8th, 2011, 08:01 AM	#25
almost40 ninjette.org Monkey Spank Name: Kevin Location: Illinois Join Date: Apr 2009 Motorcycle(s): 2008 250R Track-Bike Woodcraft clip-ons and rearsets FZ-6 track bike Posts: A lot.	Here we go.....opened down another 350 points. __________________________________________________ Black 250R Full Area P QC Dyno Jet Kit 100 main 41T Rear Sprocket

August 8th, 2011, 08:22 AM	#26
mrlmd ninjette.org sage Name: Marc Location: Crawfordville, Florida Join Date: Jan 2010 Motorcycle(s): 2005 Suzuki S50, 2006 Kawasaki Ninja EX250F, 1990 Honda PC800, 2000 Yamaha TW200 Posts: 848	Now it's coming back, only down 263. Some people are buying up all the bargains and some will make some money out of this, while most people loose their shirts. Thank you Congress for not being able to do the right thing, only just for the special interests who bought you, all of you.

August 8th, 2011, 08:54 AM	#27
almost40 ninjette.org Monkey Spank Name: Kevin Location: Illinois Join Date: Apr 2009 Motorcycle(s): 2008 250R Track-Bike Woodcraft clip-ons and rearsets FZ-6 track bike Posts: A lot.	Go ahead and try to blame congress. Others will blame the president. Some will blame the fed (brenankey) All are obviously not investors of a serious nature. All are wrong. I have explained it in an earlier post, but if it makes you feel good. Go for it. I have tried to keep politics out of this thread as it really has no place here. The interesting thing about today is gold The money is moving that direction and thats........... bad news Add to that oil is tumbling as well and it all adds up to a Worldwide depression in investors minds. Pretty much all the worlds major markets are down down down for the past 3 trading days. Watch for that run on the banks........its the begining of the end. We have a long way to go today and if the market ends up in negative territory its gona be a bumpy ride. __________________________________________________ Black 250R Full Area P QC Dyno Jet Kit 100 main 41T Rear Sprocket

August 8th, 2011, 09:14 AM	#28
kyrider ninjette.org certified postwhore Name: Bobbert Location: Russell Springs, KY Join Date: Jul 2011 Motorcycle(s): 2006 Ninja 250R Posts: A lot.	Could it be this simple? Link to original page on YouTube.

August 8th, 2011, 10:20 AM	#31
kyrider ninjette.org certified postwhore Name: Bobbert Location: Russell Springs, KY Join Date: Jul 2011 Motorcycle(s): 2006 Ninja 250R Posts: A lot.	Things are gonna be O.K.! The President is getting ready to speak! Link to original page on YouTube.

August 8th, 2011, 10:37 AM	#33
CynicalC ninjette.org certified postwhore Name: Colin Location: Bay Area Join Date: Feb 2011 Motorcycle(s): '96 EX250 Posts: A lot.	What's cynical about that? Buy bargains, make money. __________________________________________________ Ç¥ñï©ª\| ßÿ Ñâ7µ®é. Äñt¡~§º¢Ïä\| ßý Çhøî©è.

August 8th, 2011, 10:45 AM	#34
almost40 ninjette.org Monkey Spank Name: Kevin Location: Illinois Join Date: Apr 2009 Motorcycle(s): 2008 250R Track-Bike Woodcraft clip-ons and rearsets FZ-6 track bike Posts: A lot.	I thought you were being Cynical We aint found the bottom yet. By a long shot. IMO __________________________________________________ Black 250R Full Area P QC Dyno Jet Kit 100 main 41T Rear Sprocket

August 8th, 2011, 01:02 PM	#35
almost40 ninjette.org Monkey Spank Name: Kevin Location: Illinois Join Date: Apr 2009 Motorcycle(s): 2008 250R Track-Bike Woodcraft clip-ons and rearsets FZ-6 track bike Posts: A lot.	OUCH...Down 631 and change. No bottom in sight. The flight to gold and the sell off of crude tells all. __________________________________________________ Black 250R Full Area P QC Dyno Jet Kit 100 main 41T Rear Sprocket

August 8th, 2011, 02:57 PM	#37
wtfh4xx Opinionated individual :) Name: SecretNinjaMan Location: Nor Cal Join Date: May 2011 Motorcycle(s): 2010 Ninjette Special Edition (red/black) Posts: 342	Its a slaughter. Down over 650 points today after dropping 400 on friday. Were almost down to 10,000... __________________________________________________ Yoshi slip on, shimmed 2 washers, zip tie throttle mod, pre-load #2, snorkel delete 2010 SE 250R! Miles in the saddle: 1000

August 8th, 2011, 03:23 PM	#39
almost40 ninjette.org Monkey Spank Name: Kevin Location: Illinois Join Date: Apr 2009 Motorcycle(s): 2008 250R Track-Bike Woodcraft clip-ons and rearsets FZ-6 track bike Posts: A lot.	You and everyone else with a 401K. Just dont look. __________________________________________________ Black 250R Full Area P QC Dyno Jet Kit 100 main 41T Rear Sprocket

August 8th, 2011, 08:02 PM	#40
mrlmd ninjette.org sage Name: Marc Location: Crawfordville, Florida Join Date: Jan 2010 Motorcycle(s): 2005 Suzuki S50, 2006 Kawasaki Ninja EX250F, 1990 Honda PC800, 2000 Yamaha TW200 Posts: 848	The best thing that happened today was the closing bell.

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