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The New York Stock Exchange: Daily Updates (3-16-2011)

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The New York Stock Exchange: Daily Updates (3-16-2011)

Post by Guest on Wed Feb 23, 2011 2:03 am

First topic message reminder :

Because of the problems happening in Libya, the Dow Jones Industrial Average took a serious hit, dropping over 170 points. While I hate to see our economy take a hit, Republicans won't agree to emergency spending for unemployment benefits unless the economy is taking a serious hit. I actually pray every day that the Dow keeps taking hits and sinks below 10,000. We really need something to inspire Republicans to pass emergency unemployment benefits.


Last edited by kemcha on Wed Mar 16, 2011 4:34 pm; edited 5 times in total

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Re: The New York Stock Exchange: Daily Updates (3-16-2011)

Post by Guest on Fri Mar 11, 2011 5:59 pm

I'm cheering because it's obviously the only way Republicans will pass an unemployment extension.

But, it looks like Wall Street is profiting off Japan's natural disaster.

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Re: The New York Stock Exchange: Daily Updates (3-16-2011)

Post by Guest on Tue Mar 15, 2011 9:52 am

U.S. stocks were headed for a major sell-off at the start of trading Tuesday, following an 11% drop in Japan's leading index in the wake of a nuclear crisis caused by last week's earthquake.

http://money.cnn.com/2011/03/15/markets/premarkets/index.htm

Tokyo stocks plummet as crisis deepens. Panic overtook investors in Japan on Tuesday, with stocks plunging more than 10%, as the nation's nuclear crisis deepened in the aftermath of last week's earthquake.

http://money.cnn.com/2011/03/14/markets/japan_world_markets_tuesday/index.htm?iid=RNM

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Re: The New York Stock Exchange: Daily Updates (3-16-2011)

Post by Guest on Tue Mar 15, 2011 10:32 am

Per msnbc right now, Chuck Todd, Rule 48 was put in place on the Stock Market, which as near as I can figure, will keep the market from triggering a mass sell off.

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Re: The New York Stock Exchange: Daily Updates (3-16-2011)

Post by guest on Tue Mar 15, 2011 1:13 pm

MaryKay wrote:Per msnbc right now, Chuck Todd, Rule 48 was put in place on the Stock Market, which as near as I can figure, will keep the market from triggering a mass sell off.


Interesting discussion and explanation of Rule 48:
http://www.abovetopsecret.com/forum/thread674696/pg1


Last edited by aloneinpa on Tue Mar 15, 2011 1:15 pm; edited 1 time in total (Reason for editing : add a space)

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Re: The New York Stock Exchange: Daily Updates (3-16-2011)

Post by gettheminNOVEMBER on Tue Mar 15, 2011 1:18 pm

It seems a tier 5 bill is small potatoes now. I hope the corporate thieves loose it all Twisted Evil

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Re: The New York Stock Exchange: Daily Updates (3-16-2011)

Post by Guest on Tue Mar 15, 2011 1:22 pm

gettheminNOVEMBER wrote:It seems a tier 5 bill is small potatoes now. I hope the corporate thieves loose it all Twisted Evil

We can't have that! What about their grandchildren???

(snark off) Razz

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Re: The New York Stock Exchange: Daily Updates (3-16-2011)

Post by gettheminNOVEMBER on Tue Mar 15, 2011 1:25 pm

Knarf wrote:
gettheminNOVEMBER wrote:It seems a tier 5 bill is small potatoes now. I hope the corporate thieves loose it all Twisted Evil

We can't have that! What about their grandchildren???

(snark off) Razz

Word of the day on the floor is SELL SELL SELL! If they start jumping out of windows I will applaud the whole way down.


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Re: The New York Stock Exchange: Daily Updates (3-16-2011)

Post by Guest on Tue Mar 15, 2011 1:26 pm

This rule has always been a part of the NYSE.

From Wikipedia:
On October 19, 1987, the Dow Jones Industrial Average (DJIA) dropped 508 points, a 22.6% loss in a single day, the second-biggest one-day drop the exchange had experienced, prompting officials at the exchange to invoke for the first time the "circuit breaker" rule to halt all trading. This was a very controversial move and led to a quick change in the rule; trading now halts for an hour, two hours, or the rest of the day when the DJIA drops 10, 20, or 30 percent, respectively. In the afternoon, the 10% and 20% drops will halt trading for a shorter period of time, but a 30% drop will always close the exchange for the day.

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Re: The New York Stock Exchange: Daily Updates (3-16-2011)

Post by Guest on Wed Mar 16, 2011 4:33 pm

Let's see, yesterday the NYSE dropped 140 points. Today? The Dow has already dropped nearly 200 points. Currently, the stock is at 11,664.

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Re: The New York Stock Exchange: Daily Updates (3-16-2011)

Post by gettheminNOVEMBER on Wed Mar 16, 2011 5:08 pm

Dow down 242 and TANKING!

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Re: The New York Stock Exchange: Daily Updates (3-16-2011)

Post by Guest on Wed Mar 16, 2011 5:17 pm

The NYSE ended down at 241. This is awesome news. Keep those losses coming. The Japanese have yet to pull their money out of the stock market and I'm waiting for that to happen.

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Re: The New York Stock Exchange: Daily Updates (3-16-2011)

Post by gettheminNOVEMBER on Wed Mar 16, 2011 5:21 pm

I wonder if Halliburton will weasel its way in and get paid for cleanup?

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Re: The New York Stock Exchange: Daily Updates (3-16-2011)

Post by Guest on Wed Mar 16, 2011 5:24 pm

I doubt it ... the Japanese are very very particular and I don't see the Japanese government allowing them into the country. Not after the problems created by these private companies in Afghanistan and Iraq.

I just don't see Halliburton getting their footprint in Japan.

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Re: The New York Stock Exchange: Daily Updates (3-16-2011)

Post by gettheminNOVEMBER on Wed Mar 16, 2011 5:27 pm

I was thinking the same thing. Good keep those crooks out.

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Re: The New York Stock Exchange: Daily Updates (3-16-2011)

Post by Guest on Wed Mar 16, 2011 5:57 pm

I'll be right as rain if the Japanese keep Halliburton out of their country. Not after they swindled taxpayers with their "no-bid" contracts they squeezed our of the Bush Administration for Iraq and Afghanistan.

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Re: The New York Stock Exchange: Daily Updates (3-16-2011)

Post by gettheminNOVEMBER on Wed Mar 16, 2011 6:06 pm

They also bought oil clean up companies a week before the spill in the gulf. Suspect Suspect Suspect Suspect

AND GOT ALL THE CONTRACTS. Its all about the money and plus they can control info coming out from the gulf. Suspect

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Re: The New York Stock Exchange: Daily Updates (3-16-2011)

Post by Guest on Wed Mar 16, 2011 11:53 pm

There's news coming out of Japan that the Tokyo Stock Exchange is due to get hit again before today's trading is over and that it could also affect the New York Stock Exchange. Currently, it's trading down at 15 points under.

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Re: The New York Stock Exchange: Daily Updates (3-16-2011)

Post by Sponsored content Today at 11:11 pm


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