Thursday, September 4, 2008

Dow Jones @ Closing bell down 345 points on the day (a walloping 3%)

Economy worries hit world markets

European and US shares have fallen sharply on further fears over the state of the US economy and the prospect of slower growth in the Eurozone. London's FTSE 100 index closed 2.5% down while German and French markets each lost about 3% and key US markets were trading 3% lower. The slides came after US data showed sluggish shop sales and mounting unemployment claims. The European Central Bank also cut its 2009 growth forecast from 1.5% to 1.2%.

Posted by jack c @ 09:33 PM (1975 views)
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9 thoughts on “Dow Jones @ Closing bell down 345 points on the day (a walloping 3%)

  • Thanks Alan, original link seems to have gone AWOL.

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  • “US shares have fallen sharply on further fears over the state of the US economy”

    But yet, miraculously, the $ keeps rising. How odd…

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  • inflation is eating my savings says:

    I think cycles are over-rated, but the Dow looks like it is coming off a triple top

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  • tyrellcorporation says:

    Is that a bit like Gold Top?

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  • Don’t get too excited. Tomorrow will see a bounce (poss Fed cut in intreast rates… I kid you not!) The Fed is trying to be Atlas…holding it all up!

    Alternativey, if reality is begining to bite, then world indicies could be down another 3%-4% tomorrow, by close of play 21:30GMT .

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  • I’ve been doing some research. The more I research, the more I’m inclined to understand and follow what S2R1 talks about. It’s really quite amazing. Three areas of investigation:

    1. The Russian Oligarch’s – Looking at the break up of the old USSR, who now holds the power, or how it is now being brokered.

    2. HIV/AIDS – The birth of this virus. Read an article today in the telegraph about the virus, looked at the rates of various countries, and came up with a valid conclusion. Also looked at the birth of virus, again, makes for interesting reading.

    3. The £=$ sterling exchange (80’s Sterling crisis) and the obvious price of gold. You will notice that despite the fluctuation in gold prices recently, gold measured in sterling has remained constant or increased slightly.

    Conclusion: There is a move towards a de-population of the world. Using bio-warfare (AIDs/HIV), A purposeful destruction of assets/ destabilisation of world markets (existing). And the pretagonist well, I dare not say. But what we are seeing is engineered, and is a long play, this plan is 20 years old at least.

    If you look hard enough, you can see what is happening. S2R1, was and is on to something. PROBLEM – REACTION – SOLUTION

    I’ve highlighted my thoughts on this article, because I have followed the DJIA, and in terms of logic, the markets are not following convention. Conclusion: Fixed. As like a horse race or any form of corrupt gambling. Banker always WINS!!!

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  • Free market economics is NOT Gambling. What we see is merely is a distraction. If you know gambling, you will see what I see.

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  • See the FTSE still dropping this morning.

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