We'll be giving away [insert something great, I can't come up with anything] to the person who guesses closest without going under (market crash Price is Right rules).
Comments
2
Posted by guest, Oct 06, 2008 2:39PM
if u loved it at 10k u'll love it at 9600 and u'll own it forever at 0 =)
4
Posted by guest, Oct 06, 2008 2:40PM
First Bitches!
http://www.youtube.com/watch?v=BGGq8AF-U9o&feature=related
SPODE
6
Posted by guest, Oct 06, 2008 2:41PM
@1-3
You damn bastards. This is all I have and you take it from me.
SPODE
9
Posted by guest, Oct 06, 2008 2:42PM
We close today lower than 9700, or we close above 10K.
And now I dance the Weasel Dance.
14
Posted by bittergreen, Oct 06, 2008 2:43PM
Dow closes down -823, while hitting an interday low of -910
19
Posted by guest, Oct 06, 2008 2:45PM
9507...
NYSE better blast Flo' Rida...
Shorty got low, low, low, low...
24
Posted by guest, Oct 06, 2008 2:48PM
9411 its where emergency meets information. The two things driving the dow the way it is.
30
Posted by MarshallStack, Oct 06, 2008 2:51PM
That would be in the butt, Bob.
33
Posted by Henry Ryecroft, Oct 06, 2008 2:51PM
36
Posted by guest, Oct 06, 2008 2:51PM
Guy in my office just jumped out his window...
Thought he could fly...
-- Commander Bear
37
Posted by MarshallStack, Oct 06, 2008 2:52PM
Breaker isn't until down 1100
38
Posted by Investorcluzo, Oct 06, 2008 2:52PM
@21 - nice, haven't seen that one yet.
I'll try to be the optimist here, 9,625 dow; 1,065 on the s&p...
bessy, bring back the dance tunes: my vote, ssss-aaaa-ffff-eeee-tttt-yyyy, safety dance (men w/o hats).
42
Posted by RAW DOG, Oct 06, 2008 2:53PM
Best line of the day from the Dick Fuld hearing: When asked whether the Treasury (and by consequence, GS allies) screwed Fuld and Lehman over by not offering a federally backed loan (bailout) as was done for others, Fuld responded: "Until the day they put me in the ground, I will wonder."
44
Posted by MarshallStack, Oct 06, 2008 2:55PM
Shit - only 1100 if it is before 2:30 - at thos point we stay open until down 2200.
45
Posted by guest, Oct 06, 2008 2:56PM
9411 its where emergency meets information. The two things driving the dow the way it is.
48
Posted by MarshallStack, Oct 06, 2008 2:58PM
Rule 80B
Effective April 15, 1998 the SEC approved amendments to Rule 80B (Trading Halts Due to Extraordinary Market Volatility) which revised the halt provisions and the circuit-breaker levels. The trigger levels for a market-wide trading halt were set at 10%, 20% and 30% of the DJIA, calculated at the beginning of each calendar quarter, using the average closing value of the DJIA for the prior month, thereby establishing specific point values for the quarter. Each trigger value is rounded to the nearest 50 points.
The halt for a 10% decline would be one hour if it occurred before 2 p.m., and for 30 minutes if it occurred between 2 and 2:30, but would not halt trading at all after 2:30. The halt for a 20% decline would be two hours if it occurred before 1 p.m., and between 1 p.m. and 2 p.m. for one hour, and close the market for the rest of the day after 2 p.m. If the market declined by 30%, at any time, trading would be halted for the remainder of the day.
50
Posted by guest, Oct 06, 2008 2:59PM
Dow be goin so low dat it be playin handball wit da curb mah n39ro3s.
-Wisdom from MoneyGrip
51
Posted by The Notorious BSC, Oct 06, 2008 3:00PM
1018
54
Posted by MarshallStack, Oct 06, 2008 3:01PM
Bee-otch
you jinxed it
now its going the wrong damn way
56
Posted by guest, Oct 06, 2008 3:03PM
9500.......it can't go lower than the FinViz chart range today for same.
63
Posted by Investorcluzo, Oct 06, 2008 3:05PM
I have a feeling that we are going limit down, mkt will close for the day shortly. bess, hold me, I'm scared.
64
Posted by fatsdomino, Oct 06, 2008 3:06PM
9574
65
Posted by TheUpwardlyMob, Oct 06, 2008 3:06PM
9722.37 close
66
Posted by Joseph di Jersey City, Oct 06, 2008 3:11PM
S&P 500 - 1008
84
Posted by guest, Oct 06, 2008 4:00PM
if you have a big down day on low volume (like today) it means there are no forced sellers below the market having tested those prices - don't you guys know anything......it doesn't mean the market will rally big time but it means that there is a buyers strike..not panic selling..the volume is as important as the price.
Go back to photocopying you idiots!!!
85
Posted by ESguru, Oct 06, 2008 4:02PM
Posted by ESguru, Oct 06, 2008 3:04PM
Dow = 9970
what do i win?
87
Posted by bittergreen, Oct 06, 2008 4:05PM
@14: OMG. What an awful awful call. Cramer-esque if you will.
89
Posted by guest, Oct 06, 2008 4:08PM
The Plunge Protection Team says: "Fuck you all, assholes. We got this. And now, it's Miller Time."
91
Posted by Investorcluzo, Oct 06, 2008 4:20PM
@esguru - you have to get the right price without going over...nice try.
@c - please...
92
Posted by guest, Oct 06, 2008 4:31PM
@Cluzo
My post as well as the one on #79 was meant to indicate that I was guessing after the close. Not to ruin the fun everyone nor to be pedantic but to show that with little in the way of rules in place its easy to ahem, win.
Now, there's a choice to make; either I'm rewarded for my 'novel interpretation', bailed out if I already spent my presumed winnings, or am told to slag-off.
I'd wager that the overwhelming choice would be some version of the latter...which is how all of this should have gone down.
-C
93
Posted by Investorcluzo, Oct 06, 2008 4:38PM
@c - missed 79. you sir/madam get points for creativity. I will let the others opine as to whether or not you get slagged-off. good luck.
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Posted by guest, Oct 06, 2008 2:39PM
9200!
And early bird prize for being the first one