Black Monday is 53 hours and counting!

At least there's still time to buy a put option on a stock market index...though I wish I had bought one on Wednesday. At least I still have silver, and it might be the last chance to buy that at $7. Richard Russell said a long time ago that the Dow Jones Index and gold prices would cross paths at 3000 or less, so I wonder where silver prices will be at that time.

Oh, and about that fat lady...

Very funny pic. It's too bad nobody videotaped the fatty hitting the ground. It would be fun to watch in slow motion.

More than 400 points lost in three days. OUCH. What better motivation do you need to put your retirement funds in the market? HA! Haven't heard a word from the monomedia about bush's S.S. proposal for those same three days.

This 'correction' was the 'dump' side of the "Pump and Dump" that was perpetrated just prior to the bush re-election. Don't bet on this being the beginning of the end, just yet. Money that was 'lost' this past week has merely changed hands. There's plenty of cash on the sidelines (trillions), so watch for more shenanagans first.

Lets hope so. But then again, the people who really control our money, already know when and what will happen so then perhaps thats what they would intend to do?

Who knows, perhaps this will give the opportunity for some of our money masters to buy certain stocks at a cheaper rate now that the prices have dropped?

Hey, Mac. I was wondering about this myself. The Dow Jones took a beating three days in a row and Friday closed at 10,087. The 10,000 number is an important "support" level that is watched by the technical analysts while 11,000 is an important "resistance" level. According to the technical analysts, if and when either of these support or resistance levels are breached, it means there should be a serious down trend or up trend in the future. (The "fundamental analysts" judge the mark according to the economy, the industry and the company financial statements and statistics, the "technical analysts" watch price trends and volume trends and focus mostly on trading activity.) Although, even the fundamental analysts have received some bad news the past couple of weeks, i.e. a record trade deficit, down turns in the domestic automobile market, increased oil prices, and of course the growing federal deficit. It doesn't look good.

Usually, when there's a significant drop in the market, the bargain hunters come in the market on the next day and there's an upswing. This has been what's happening in the market for the past couple of years. It just swings up and down, but has never broken the 11,000 resistance level or the 10,000 support level.

You're right about Monday being a very important day for the market watchers. After three days of consecutive big drops, there should be some bargain hunters coming into the market on Monday causing a rise in the DJIA. If there's a fourth drop and the DJIA goes below the 10,000 support, it will be a very bad signal.

Also, as I've posted before, I think the current real estate/condominium boom in certain regions of the country is giving the entire economy a boost. If this goes bust, I think the US economy will be in serious trouble.

http://www.copvcia.com/free/ww3/041305_world_stories.shtml#0

If Gharwar, the world's biggest field, is seen to be "in decline", as Coxe says, the effects could be problematic. Markets could panic, forcing prices up, creating shortages and profoundly affecting the world economy.

"The kingdom's decline rate will be among the world's fastest as this decade wanes," predicts Coxe. "Most importantly, Hubbert's Peak must have arrived for Gharwar, the world's biggest oilfield."

Of course, whether or not you believe in in Peak Oil is up to you. Either it is happening or the NWO needs to start gradually causing some mayhem to get their world government in place. I doubt they would try to do it overnight. Just gradually, one day things are bad and then the next they start getting better. Keep doing it over and over until people are either rich or poor and they have gotten used to troubles.

I dont know if the UN has a strong enough force to police America yet. Plus, we havent been disarmed yet.

I'm positive that it will all be gradual and wont be some sort of overnight thing where people can start playing out the Turner Diaries.

EDIT:
Sorry for going off track there.

I'm positive that it will all be gradual and wont be some sort of overnight thing where people can start playing out the Turner Diaries.

EDIT:
Sorry for going off track there.

If you are a big fan of the Turner Diaries, as I and many others here are, it's hard not to think of economic collapse without the scenario that gets played out in that book coming to mind. It's fun to think that violent heroics could be achieved as conditions worsen, but being able to maintain survival and advancement of the white race in any way under the conditions we'll be going through soon enough is really quite heroic in itself.

Hey, Mac. I was wondering about this myself. The Dow Jones took a beating three days in a row and Friday closed at 10,087. The 10,000 number is an important "support" level that is watched by the technical analysts while 11,000 is an important "resistance" level. According to the technical analysts, if and when either of these support or resistance levels are breached, it means there should be a serious down trend or up trend in the future. (The "fundamental analysts" judge the mark according to the economy, the industry and the company financial statements and statistics, the "technical analysts" watch price trends and volume trends and focus mostly on trading activity.) Although, even the fundamental analysts have received some bad news the past couple of weeks, i.e. a record trade deficit, down turns in the domestic automobile market, increased oil prices, and of course the growing federal deficit. It doesn't look good.

Usually, when there's a significant drop in the market, the bargain hunters come in the market on the next day and there's an upswing. This has been what's happening in the market for the past couple of years. It just swings up and down, but has never broken the 11,000 resistance level or the 10,000 support level.

You're right about Monday being a very important day for the market watchers. After three days of consecutive big drops, there should be some bargain hunters coming into the market on Monday causing a rise in the DJIA. If there's a fourth drop and the DJIA goes below the 10,000 support, it will be a very bad signal.

Also, as I've posted before, I think the current real estate/condominium boom in certain regions of the country is giving the entire economy a boost. If this goes bust, I think the US economy will be in serious trouble.

I'm pretty sure the DOW was below 10,000 for a few months , I believe during he autumn months of 2003. If I remember correctly, the NASDAQ was down below 1800, too. I've come to see the 2000 level in that exchange as something of a psychological level, too. The NASDAQ slipped below 2000 again just recently.

Sunday night, April 17: The Japanese stock market is down by 400 points!!!!!

Will the same happen to the Dow on Monday?

NY Times article dated April 18:
Change in Wall St. Sentiment Underlines Economic Fears

...Wall Street and unusually nervous individual investors are looking to the flood of earnings reports this week to see how optimistic corporate America is in its outlook for the economy. Almost a third of the companies in the Standard & Poor's 500-stock index and almost half the 30 companies that make up the Dow Jones industrial average are to report earnings for the first three months of the year. But more importantly, many of them will comment on the financial quarters ahead and could either counter or reinforce the current pessimism about the economy.

----- SNIP -----

Whether or not the answer on the economic outlook from corporate executives is positive, it is clear that the mood of the investors has changed markedly. Investors finally seem to believe that high crude oil and gasoline prices are curtailing consumer spending, slowing economic growth and cutting into corporate earnings.

The suddenness of this shift, based on just a few new economic reports last week, is probably why the market fell so sharply. It had its worst week since August, and all three main market gauges are at new lows for the year.

"I'm nervous," said James W. Paulsen, chief investment officer at Wells Capital Management. "Although the market sold off earlier this year and had a sharp decline in the beginning of 2003, this feels a little bit different. Maybe it's the violence of it."

----- SNIP -----

Mr. McManus of Banc of America Securities is cautious about earnings over the next couple of quarters. "With interest rates expected to rise, and crude oil and gasoline prices still high," he said, "it seems to me that the same conditions that caused earnings to slow are still there."

Mr. Paulsen said one positive is that "it will be more difficult this week to have a negative surprise because of how far you took expectations down last week," adding, "The impact of a positive surprise could be greater than it would have been."
...

The Dow dropped another 100+ points today. It's just barely above the 10,000 level.

Dow Jones Industrial Average
10,012.36 -115.05 / -1.14%

The Dow dropped another 100+ points today. It's just barely above the 10,000 level.

Dow Jones Industrial Average
10,012.36 -115.05 / -1.14%

Yep, an easy 12-point slide tomorrow, and bingo, the DOW breaches that all-important psychological level below 10,000. I don't follow the markets in detail, but I keep hearing about how badly GM is doing, while Jap imports are actually gaining ground. For instance, there are some (probably many) folks who are buying the new Toyota Prius at $27,000, only to turn around and resell them immediately at going prices of $37,000!! Perhaps if there weren't so many Detroit nigs fraudulently on the GM and Ford healthcare liabilities, maybe Amerikwan cars would cost less.

Yes, I read that GM posted a $1.3 billion loss and Ford said they expect a decline in sales. I also read that housing starts declined 17% last month. The auto industry and the construction industry are two very important economic indicators.

Also, much of the world economy is dependent on exporting to America. The last reported monthly trade deficit was about $70 billion, the largest ever. And let's not forget the jew war in the Iraq driving up the federal deficit.

I know there have been many people predicting economic collapse in America, but I still think it is very likely. I'm not an economist, but how can any reasonable person believe that trade deficits, out sourcing and government deficit spending are not a formula for a depression?

If the American economy goes down, it is going to have really big repurcusions through out the world. It will also lead to government instability, social problems and racial problems. I hope people don't start blaming the jooz. You know how that always happens. Poor jooz.

lol, I didn't know that stock shares were jewish. But, I get the point. The racialist scene has never had an abundance of faith in the multicultural American economy.
It's hard to say what will happen. When the tech market crashed in 2000-01 a lot of people lost a lot of money. DId I miss something? Not much of anything occured except pissed off investors and businesses that stopped hiring people. Of course they have always put pressure on the govt. for open borders and lots of illegals to keep labor costs in check.
I have some money tied up in mutual funds, 401k, IRA all that sort of 'jew' financials. And yes, I am kicking myself for not cashing out and putting that $ in precious metals or property.
Im hanging in there, but for how long?
I have lost faith in the economic system because it is mastermined by certain people.
Oil prices will continue to go up. Bet on that if you can.
In Europe they have paid nearly 5 bucks for a gallon of gas for years now.
We will soon follow. And lots of people will be angry and complain and guess what?
You'll work harder and pay the money.
They hooked us on the auto culture and we will be hard pressed to ween ourselves off of it. Hell, the whole urban and interstate logistical setup was designed for travel via cars.
People lose money, pay hire for things and life goes on.
Smart racialists whould seriously inquire about setting up networks (not on the net) and pool resources together.
If you are serious about bucking the jew system you should do this.
The masses won't do shit. If the market totally collapses or gas prices go through the roof. Doesn't matter. the masses are asses remember that.
Now, if you want to form a collective and have your shit together, then IF things really go bad and shortages begin...then you may get a few people with intelligence and courage to join you.
The system is lost yes. But, until a new one arises people will continue to muddle on as best they can and write how all hell will break loose from the comfort of their climate controlled room while they sip a cold drink and type on their computers.
Maybe music or tv in the background. Trust me, things are not that bad.
You still live in the top 5% of all the humans on this planet per luxuries.
Who knows, maybe some serious economic trouble will toughen us up a bit.
Lord knows more than a few Whites out there need some toughening up!

Ok, who wants to buy some cheap land out west with me?