That’s Only 170 points from here….have no fear!
Comments »Monthly Archives: August 2011
E-Trade Baby Experiencing His First Market Crash
[youtube:http://www.youtube.com/watch?v=T7mDd-bRpIk&feature=player_embedded 450 300]
Comments »Robert Prechter of Elliot Wave Says Were in the Beginning of a Depression That Will Last For Years
“Some people are talking that maybe we’ll have a double dip like 1980 to 1982, but I’ve been saying all along that this is the wrong perspective. You have to realize that we are in a depression,” Prechter told CNBC.
“We’re in the early stages, so we don’t have the severe unemployment, the severe bread lines and that sort of thing. But since we are early in the trend, this is the kind of thing that the market is now beginning to look ahead and realize that the problem is deeper than just a minor recovery or a mild recession,” he adds.”
Read more: Prechter: We’re In a Depression That Will Last for Years
Important: Can you afford to Retire? Shocking Poll Results
Robert Shiller Presents a Normalized Earnings Chart; Stocks Still Overvalued by 20%
S&P Lobbies Government for Special Treatment
SEC Reporting Manager Arrested for Insider Trading
Flash: Gold Now Trading Off Post CME Margin Hike
Last quoted at 1,790, off by 0.25%
Comments »Gold Marches Higher Despite CME Upping Margin Requirements
France Commits to More Austerity Measures In Order to Ensure Triple A Rating
CANCEL ALL ORDERS, PART 2
[youtube:http://www.youtube.com/watch?v=5ZCiZkpnWvk&feature=youtu.be 616 500]
Comments »PIMCO’s El Erian on the Fed, Pre Jackson Hole (video)
[youtube:http://www.youtube.com/watch?v=SPXglWBepk0&feature=feedu 616 500]
Comments »Michael Savage on London Riots (video)
and more.
[youtube:http://www.youtube.com/watch?v=rAKN4eeCKsk&feature=feedu 616 500] Comments »Flash: Korea +1% in Early Trade
Blowing off our dramatic dump out.
Comments »Flash: US Futures “Full Retard” to the Upside
S&P +18
Dow +158
Naz +37
Asian Shares Pare Losses; US Futures Soar
Japan and Australia have cut their losses in half to about 1%, lending to a sharp rally in US futures. Dow futures are now up 85.
Comments »Rick Santelli Takes On Meredith Whitney Over “Angry Unemployed White Men” Comment
[youtube:http://www.youtube.com/watch?v=JCEzV_-Qyj4 616 500]
Comments »Flash: Japan and Australia Open Sharply Lower
NIKKEI -2.3%
ASX -2.1%
Flash: CME Raises Margin on Gold
Reminder: Italian 10 Yr Dropped Today
-1.58% to 5.09%
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