Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Black Monday?

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Topic Forums » Economy Donate to DU
 
bananas Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-29-06 01:19 AM
Original message
Black Monday?
When is the next Black Monday?
Will it be in October, or sooner?

Gold price hits 25-year highs
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x2254113

Microsoft Shares Sink More Than 11 Pct
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x2254105

Bernanke hint on US rate pause dents dollar (Dollar to 7 month low)
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x2254197
Printer Friendly | Permalink |  | Top
Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-29-06 10:39 AM
Response to Original message
1. We frogs are being boiled slowly, for now
and our houses are being foreclosed one at a time while our credit card interest rates keep going up, an inch at a time, until we are unable to pay.

This gang in power is greedy, though, and they'll turn up the heat to the point people will simply have to notice what's being done to them. All of them, even the ones in the walled suburbs.

I just hope it's not too late.
Printer Friendly | Permalink |  | Top
 
anoraksia53 Donating Member (155 posts) Send PM | Profile | Ignore Sat May-06-06 06:11 AM
Response to Reply #1
4. accurate analogy
most people will never know what hit them (or what "cooked" them).

And ya know what? The head honchos will know the timing and they'll make sure their assets are liquid--just like happened in 1929. The ones with the most will not get burned, they'll profit. Think massive transfer of wealth......on a grand scale.
Printer Friendly | Permalink |  | Top
 
Matariki Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-08-06 06:06 PM
Response to Reply #4
5. just like September 10th too
Edited on Mon May-08-06 06:07 PM by kineta
there was a spike in volume to short Airline stock and Boeing stock the week before September 11.
Printer Friendly | Permalink |  | Top
 
Matariki Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-02-06 12:08 AM
Response to Original message
2. before end of June
astrological prediction. wrong forum. sorry.

on the other hand, when it comes, you could look at it as a terrific sale.
Printer Friendly | Permalink |  | Top
 
happyslug Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-05-06 06:04 PM
Response to Original message
3. The 1929 crash, like most crashes, occur after the fall harvest.
This is because as late as the 1950s Farming was a HUGE factor in the overall US Economy. Thus when the crop report came in, it generally was the final icing on the Cake that was unstable to begin with.

Today, farming is less important to the overall economy, thus something else on a NATIONAL SCALE will be the trigger (I do NOT see a Hurricane for while it is Severe, it is mostly local, unless a lot of insurance Companies go under because of the Hurricane). My Guess? Something that attacks the Dollar. An oil blockage, A massive sell off of Dollars or even a switch over to Euros to buy Oil. Something on that economic level, but right now it can be anything, including something completely unexpected.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Dec 26th 2024, 03:55 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Topic Forums » Economy Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC