Place your bets here. Again, standard market crash Price is right rules. Closest without going under.
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8679
JB
8,792 w/ a cheezy t-shirt
8300 – where it should have fucking opened on Sept 18
is this for today close (or low for the day?)
today low 8612
today close 8695
8733.36
RD
8760
Isn’t it closest without going over?
One Dollar Bob… ($1)
-also I want my mug from the rate cut some donkey cut me off…
don’t short me bro… love that…
8200
Is over being too high or too low?
OMFG START PANICKING
Today’s low: 8523
Today’s close: 8678
Bottom: 7978
@9– those are standard price is right rules. these are “market crash price is right rules.”
@8 $2
I never understood why the next person didn’t always do this to the $1 bid
8601
8620
15,000
8666
whoa
I am sorry – what are the rules again?
Is down 600 a crash or a correction?
It could be viewed as backing, filling and burying in wet cement.
Good thing I am out of cash.
Bess – hold me.
15- b/c it only works if you go last.
8620
8800. I’m an optimist?!?
EVERYBODY PANIC!
Everybody Dance NOW!
8777
Fo Shizzle
Bloomberg: Bush Will Meet With G-7 Finance Chiefs to Tackle Credit Crisis, Aide Says
All better now
8326
Some chart guy I know is saying it will go to under 7
Panic! On The Nasdaq
dow will go down to 7000-7500 before we see a recovery in stocks.
Average Investor has 0% faith in our banking system, financial markets and corporations right now.
Dow 20,000, its all a scam to scare the small guy ;)
@22 I’ve seen a number of people going 3rd make a $1 bid
8666
8610
does the winner get to give a facial?
is today the bottom?
today, 8545. By the end of next week, 4,000 and the Fed takes over the whole banking system. BoE does the same in UK, riots ensue, run on banks, we are all fucked.
8650.
@32, I believe they equate to fuck off and die after like 2:30. 10%, 20%, 30% otherwise
8445
This is what happens when the Jews arent around to control stuff
8200. I AM an optimist?
Damn You MarshallStack.
8580
0.
President Obama: All your securities is now belong to us. There is no more trading, no more market, no more index.
I said 9-11 lows a long time ago. I believe I said 7250 and got the usual idiotic db responses.
8714
@40
We are all going to get fucked?
So its not all bad news then.
I call Bartiromo.
Now that that’s out the way:
MEMO TO WHOEVER’S IN CHARGE: DO *NOT* SHUT THE MARKETS.
AND CAN’T YOU SEE THAT SHORT SELLING IS BEING MANIPULATED? AT LEAST MAKE EVERY SHORT SOLD SHARE BE BORROWED AND FOR GAWDS’S SAKE REINSTATE THE UPTICK RULE.
FORTHELUVOF*PETE*
~theGuest
8725
@40
Lock & Load
8770 – end of day bounce.
8523….
Then below 8k tomorrow. And it’ll still be overvalued.
8825
@39 – Today we are ALL bottoms.
The chart guy says it will go real low and then go up and then go real real low in a month or so. We all thought he was nuts but maybe not.
Dow 5000 – but not today
Jim Cramer is a genius. I’m in at the close.
maybe
6969.69
Kimbo slice fall predicted Dow fall
-Moneygrip wisdom
fucking Icelanders!!!!!!!!!!!!!!!!
8999
Ratigan and Bartirommo seems as though they are about to just lose it. They are talking like they are on something.
8725
Kimbo slice fall predicted Dow fall
-Moneygrip wisdom
48 Bush: administration out of desperation created a housing bubble in order to create the illusion of prosperity. This was then exposed as essentially one big fraud and then collapsed, bringing down everything with it.
@66 -
Only thing Bartiromo is on is MY GLISTENING KNOB!!!
Upzero would have to say 8595.04
8765
@70 – that would be the best moment of MoneyGrip’s life
Fuckin’ shit! markets got their fucking nuts stomped!
SKF!!!!
#40, are you kidding or serious?
@58 – power bottoms
$1
Its 1987
9014.4 @ Close
Jim Cramer was right!!!
No he wasn’t
Booooooya 8400
time to change the headline again. Hello, 8500s! Been a long time since we’ve seen you.
@75, I am being totally serious. Prepare for a nice nuclear winter type of environment
Sooo, does this mean party at southwest.
I need to know where I stand on the price of my G&T
8135 pf.phan
I can has cheezeburger?
i can haz lolfed?
Bess – do we still need that email to partake in those downtown bar specials on this horrendous market day?
It’s all too surreal.
8579
@40 finally someone isn’t sugar coating this BS anymore…if it’s even possible (who really knows anymore), I call the Dow at 0 in 3 mos.
I’m off to stand in line for vodka and a fur hat. Be well, comrades.
8580, what do I win?
#85. That is a really scary thought. So how do you prepare for “a nice nuclear winter type of environment”? Take all your money out of the bank and put it in Sealy bank? I mean what can you do?
i’m a buyer at 0, #93.
my theory: dow is converging to 3mo MA temperature (NY) x 100. (S&P x 10). you think it’s bad now, wait until winter.
@ Raw Dog, i doubt it
#93, ZERO? Does that mean all stocks become worthless? So does that mean sell with the next surge?
Been in the market over 20 years, have lost all my profit.
Yo, I thought David Einhorn had the day off today… wasn’t there some sort war in the 1960′s around this time?
@95 Очень Хорошо
@94, Not necessarily 0, but 3500-4000 range yes. Fed will put controls on deposit withdrawals, similar to what was done in Argentina and Mexico. We are now a third world country.
@69 (hehe) the other day i spilled a can of paint in my garage… fucking Bush
@94-95,
Capitalism will reign in America, so will properity. Optimism shall return and so shall the consumer.
So it was written, so it shall be done.
- Voice of Reason
Huh, that’s funny I don’t remember their being $5.00 Goldman Puts this time last week… what do you suppose that means?
@97
You stupid fuck. If you have listened to the people here, you would have withdrawn some cash and placed them in the safety deposit box weeks ago. Where were you? Iceland? Now go withdraw your money before they seal all the banks during the “bank holidays”
Don’t cry if you can’t get your money out. Bitch!
@all whiners
Stop whining like you’ve never seen a bubble burst before. We’ve seen that in 1999 and we haven’t even reach THAT proportion yet.
Cramer sign out. Booya!
who cares about the dow, even if you sell today – your cash (and gold) will be worthless in 2 weeks. Go long weapons and MMA experience…
Voice of Reason,
Sounds more like an epitaph.
@97
In the scenario 85 is talking about, I don’t think that paper money will really have any sway. Start thinking in terms of canned food, bottled water, guns and bullets (to keep away the roaming cannibal gangs).
7501
8234
How much money do you take out? How do you figure out what to do?
@109…whats MMA experiance?
5500
To those who have not cashed out, you’re worse than a guy from delaware.
Fuck you!
The Guy From Delaware
@115,
Mixed Martial Arts, at best hope you can throw a punch if needed.
“THEY HAVE NO IDEA!! NO IDEA!!” Anyway, I am going with 8376
EVERYBODY SELL EVERYTHING RIGHT NOW!!!
I want to buy lower.
1929 all over again. 6000 low and cluzo is an idiot.
@114,
Each person is different, but a good rule of thumb is to pull out about 3 months worth of living expenses in cash. The physical type. You can not rely on your ATM debt card or your credit card to work.
The green paper with pictures of dead guys still work at most stores and is considered legal tender to pay your bills with.
~
Screw Cash… I’m buying a Generator, 500 gallons of Gas, years worth of food and beer and as many guns and ammo as I can get my hands on and heading to the mountians.
7250-7500 range for the index to stabilize.
LAWWWWWWWWWNNNNN DAAAARRRRTTTTTTTTTT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Wait a minute.
Stephen Hawkings in on CNBC saying it’s all realtive.
We are OK.
It could be worse.
To quote someone at the Palin rally, “KILL HIM!”
EVERYBODY SELL EVERYTHING RIGHT NOW!!!
I want to buy lower.
7250-7500 range for the index to stabilize.
@115,
Mixed Martial Arts, at best hope you can throw a punch if needed.
Do not bring out those “smartest guys in the room” …anymore… ever. Just shut the F Up. Or just confess we are all jack asses.
6999.99 (If you act now. Operators are standing-by…)
cash? for god sakes why? take all your “cash” and buy as much “vice” as you can and live your remaining days as a happy soul. Otherwise I will be gnawing on your carcas for food by Xmas
Guys,
Looks as though Stan knew what was up when a long time ago.
http://yeinjee.com/discovery/wp-content/uploads/2008/03/zimbabwe-cash-inflation.jpg
8,436
We’ve known this whole stinking shit house was going down for at least 2 months now. Quit being such fucking pussies and buy puts on the insurance companies.
Oh, hey. Our fucking publishing platform is down again (and spare me the “your 12 year old IT guy” comments, because this is something the people who build/operate our sites handle). Anyway:
The Bad News:
- Dow dropped 680 points
- GM was put on credit watch negative, and fell to 1950′s lows
- Shares of Merrill Lynch and Morgan Stanley dropped 25%
The Good News:
- RE: S&P’s hit on GM, we’ll probably get to see Dylan Ratigan go circus freak crazy on their asses, a la this (http://www.cnbc.com/id/15840232?video=859038023&play=1), some time soon
- Whoever guessed closest to the close–before the close, Mensa men and ladies– will receive a free facial, on DB (e-mail us for details: tips at dealbreaker dot com).
- Adorable woodland creature Dick Bove has a creepy ass stalker who left a message for him on our voicemail late last night (will post it when I can, you know, post), which means he’s made it to the big leagues! Take that, Whitney. Take that.
Fuckers who have not withdrawn physical cash better cash out now. Don’t come whining over here about not being able to cash out at the branches. Ok? We clear here?
Good. Don’t let me hear the whinings in the coming weeks.
In any case, who gives a shit about the stock market. The credit markets is where its at right now, and it is not pretty. That is why the governments will step in and own your bank. We are all going the way of Zimbabwe; the printing presses over in DC are smoking from all the dollars they are printing, and the Fed is just throwing them into a burning pit, hoping that they put out the fire with printed paper. I don’t think so…
In any case, who gives a shit about the stock market. The credit markets is where its at right now, and it is not pretty. That is why the governments will step in and own your bank. We are all going the way of Zimbabwe; the printing presses over in DC are smoking from all the dollars they are printing, and the Fed is just throwing them into a burning pit, hoping that they put out the fire with printed paper. I don’t think so…
In any case, who gives a shit about the stock market. The credit markets is where its at right now, and it is not pretty. That is why the governments will step in and own your bank. We are all going the way of Zimbabwe; the printing presses over in DC are smoking from all the dollars they are printing, and the Fed is just throwing them into a burning pit, hoping that they put out the fire with printed paper. I don’t think so…
I love you Bess.
Gold traded through SPX today – bit of a landmark.
Oh well. I had a good run.
@137 Bess, how do you still manage to sound so hot on a 700 point drop?
Kind of an ironic ending to the 1 yr anniversary of the Dow all-time high.
@118 & 129… Thank You, No need for punches when Glock is around. He throws 17 punches real fast.
What is irony?
6900
I was using it in the colloquial sense…
Cuz tonight we gonna party like it’s 1929
Does all this mean hemlines will go lower?
~SAC Feminine Apparel Dude
Dow ended down 678.910, pretty effin cool.
$-1 after BK filing fee.
Financialtraders Blogger pushes for Treasury department to announce a plan in which they would indicate that they would take a position in the stock market as a whole.
Market should move big tomorrow 10-10-2008.
http://financialtraders.blogspot.com/2008/10/stock-market-crash-september-october.html
anyone see Tontine’s letter to clients? I have it… how do i post a pdf?
Gendell wants to buy regional banks.
He and Bove should go start a fund…. maybe name it Douche Capital.
Where’s Tim Sykes when you need him?
FUCK! I was 8 days too early with my call!
http://mugs.cafepress.com/item/dow-9000-large-mug/307026850
I would like a colloquial, very cold, up with a twist.
And I would like to purchase one bullet and rent a handgun.
666.66, after which Jesus appears in the Eastern sky and carries us all to Glory.
Well the night of LEH Ch.11, I said the market will crash….
Just like after EH Hutton (#2 at time) collapsed 2 weeks b-4 Oct.’87 crash
-Geezer
“anyone see Tontine’s letter to clients? I have it… how do i post a pdf?”
yeah, we have. it was posted on dealbreaker last friday:
http://dealbreaker.com/2008/10/dear-investor.php
@151- AND if you look at the point drop backwards, you get the date it happened (as today is 10/09/08)….Aspergers in FULL force
161- I totally missed that. Now I am worried that I no longer have Apergers. Bad day all around.
I am the CEO of a hedge fund. What is an “eviction notice”?
Anyone think that Hank the Tank is having second thoughts about leaving LEH out to dry??
@163 This is what an evicted hedge fund looks like.
http://www.sothebysrealty.com/PropertyDetails.aspx?R=100016084&N=12+149+
4294963293&No=8&PSeq=0
I am the CEO of a hedgefund, what is the Dow?
fukkkkkkk ittttttttt
I like Stephen Colbert’s idea. Take all your money and put it into Campbell’s stock. Chicken noodle, vegetable, cream of chicken, etc., etc..
@ 102: not cool.
@164, I don’t think that Paulson is having second thoughts about what happened to Lehman. Screw Lehman Brothers, Fuld, and all the other Lehman Brothers employees. Lehman failing is just one more step to Goldman acheiving TOTAL banking dominance. Just remember the street is littered with the hopes and dreams of failures (like the employees at Lehman who are bitching because they lost everything).
-That Goldman Sachs guy in the corner who is ready to metaphorically rip the eyes out of all who oppose him.
7564 then we go back up
1492…
8342
7199!!!
8451.. just a guess.
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