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N Y Stockmarket Plunge Warning Issued

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http://finance.yahoo.com/news/Stock-future...set=&ccode=

Stock futures point to plunge on Wall Street

US stock futures plunge on concerns of consumer spending; overseas markets also slide

Wall Street looked to plunge at the opening of trading Monday as investors around the world feared that consumers are too anxious to help lift the economy into recovery.

The market is saying the Big One ain't over yet--not by a long chalk. The stimulus bought a few months now its back to reality.

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http://finance.yahoo.com/news/Stock-future...set=&ccode=

Stock futures point to plunge on Wall Street

US stock futures plunge on concerns of consumer spending; overseas markets also slide

Wall Street looked to plunge at the opening of trading Monday as investors around the world feared that consumers are too anxious to help lift the economy into recovery.

The market is saying the Big One ain't over yet--not by a long chalk. The stimulus bought a few months now its back to reality.

The DJI will fly. Fact! FTSE will pick up on the back of this. Fact!

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http://finance.yahoo.com/news/Stock-future...set=&ccode=

Stock futures point to plunge on Wall Street

US stock futures plunge on concerns of consumer spending; overseas markets also slide

Wall Street looked to plunge at the opening of trading Monday as investors around the world feared that consumers are too anxious to help lift the economy into recovery.

The market is saying the Big One ain't over yet--not by a long chalk. The stimulus bought a few months now its back to reality.

'Consumers too anxious/broke to drive recovery'

'In other news, corporate profits are up to to wage cuts and redundancies'

'Cognitive dissonance amongst economic commentators reaches new highs'

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It always humours me that nothing much ever happens on the FTSE till the dow opens.

The UK is a derivative of the US, don't y'a know.

Champagne fountain - the glass at the top where all the champage is poured in gets it first - we have to wait to be refilled.

It really is a case of the dog wagging the tail.

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I have always been sceptical about official statistics. The emergence of France, Germany and now Japan out of recession has to be taken with a large pinch of salt.

Have their economies grown in the true sense or are the huge government stimulus packages masking the true state of affairs?

In the UK for example how can it go forward from here given the gargantuan debts held by the public and private sectors? Beware 'official' figures and pronouncements...the State lie machine is now fully operational.

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Hi all

I saw the Nikkei gap up to 11043 last week. Thurs Mid Night Fri Morning? This is the price gap I have been waiting for before I threw the towel in and turned Bull it held above. Did anyone else see it? That was now 900 pts ago! :o

I closed it all this morning but lets see what happens 1450 GMT.

Who is up for a run on £ vs €? Techieman? Hovering around 8637 still lol!!!

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Which is what you would expect when the ftse is down 100.

Yes and volume does not indicate that a large scale sell off is in progress. Could easily climb back a bit from here.

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Gold down 1,600 ticks.

Decoupling going on with the possibility that the Buffett scenario (2008) is happening: worldwide assett price collapse with cash being the best bet? Inflation has been on the lips of most bankers recently in which case the more traditional inflation hedges are going to lose.

This might be the time to load up on high quality bonds and stay our of stocks.

Bill Gross was right.

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Guest DissipatedYouthIsValuable

And the permanently high plateau has got up, sat on a plastic bag and is squealing like a girl as it zooms down the hill.

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Does this fall mean the dodgy money has run out? Wonder what Brown will do if we get a proper market crash. Will he protect all those pension plans that are going to hell now?

FTSE/DOW about to run out of victims to bleed dry. :rolleyes:

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Just CRASH motherfubber!!! I am getting so pissed off waiting around for this to happen.

Now I know what it feels like to be a housepricecrasher when houseprices were booming.

Sucks.

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I have always been sceptical about official statistics. The emergence of France, Germany and now Japan out of recession has to be taken with a large pinch of salt.

Have their economies grown in the true sense or are the huge government stimulus packages masking the true state of affairs?

In the UK for example how can it go forward from here given the gargantuan debts held by the public and private sectors? Beware 'official' figures and pronouncements...the State lie machine is now fully operational.

exactly, and here's when the market gets sceptical of that fact too

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