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Dow slips nearly 300 points
Jack Healy and Matthew Saltmarsh
International Herald Tribune
February 18, 2009
Financial gloom was everywhere Tuesday.
On Wall Street, the Dow Jones industrial average came within sight of its lowest levels in more than a decade. Financial shares were battered. And rattled investors clamored to buy rainy-day investments like gold and Treasury debt. Markets from Hong Kong to Stockholm to London also staggered lower.
- A d v e r t i s e m e n t
It was a global wave of selling spurred by rising worries about how banks, automakers – entire countries – would fare in a deepening recession.
At the close, the Dow was down more than 297.81 points, at 7,552.60 points, a drop of 3.79 percent. The index was just a few fractions of a point away from its lows of Nov. 20, when financial markets plummeted to their lowest point in a decade. The only Dow stock to trade consistently in positive territory on The only Dow stock to trade consistently in positive territory was Wal-Mart, which rose after reporting better-than-expected profit.
The broader Standard & Poor’s 500-stock index slid 37.67 points, or 4.5 percent, to 789.17 points, unable to cling to what analysts said was an important trading threshold.
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February 18th, 2009 at 12:46 pm
How many news clips and comments must be made before you ACTUALLY DO SOMETHING about it ALL??? I mean, lets get real here. Every comment, every enegy, every second not focused on defeating all this crap is NOTHING BUT A WASTE OF TIME! You are still asleep! WAKE UP!!!!!
http://WWW.WARNTHEPEOPLE.ORG
Get Prepared Reply:
February 19th, 2009 at 2:43 am
Thanks for the appreciated link.
We need to know about and use these resources because many people simply don’t know what to do or where to turn and feel helpless. One person alone is considered crazy by the sleepng sheeple. You, alone, will definitly get you share of the flack from those dim whits who are in denial, don’t get it or the selfish traitors that actually say they “don’t care what happens to their country” I cant wait to see the look on thier face when they get desparate and hungry.
Keep tuned to Alex for ideas, share ideas, keep learning and get stocked up for a crisis. Learn to plant food/save seeds, volunteer to help elderly people (don’t always expect to be paid) and the women when the time comes. Not eveyone is young and strong but we can all do something to help even if it’s just staying healthy, passing info., cooking or sharing garden food and help if it gets really rough. Search for local concerned groups (support states rights movements, gun ownership, sign pettitions, speak out, get ready to protest). Dump (all) loosers who are afraid of work, won’t carry their own weight and drain your pockets. If they won’t work, don’t feed them. Cowards and people with no guts are loosers too. If your broker looses your money while charging you a commission dump him too, he’s a con or stupid if he didn’t see this comming. Remember the back stabbers now, they will be worse as times get worse.
Know your enemy. Keep a pure heart, ask for wisdom and decernment. This is spiritual battle too.
masterkyiron Reply:
February 19th, 2009 at 4:30 am
http://www.healthfreedom.org dr laibow needs you to sign now!farmers under attack from monsanto.bill to be passed in 2 weeks!
February 18th, 2009 at 12:46 pm
How many news clips and comments must be made before you ACTUALLY DO SOMETHING about it ALL??? I mean, lets get real here. Every comment, every enegy, every second not focused on defeating all this crap is NOTHING BUT A WASTE OF TIME! You are still asleep! WAKE UP!!!!!
http://WWW.WARNTHEPEOPLE.ORG
February 18th, 2009 at 12:48 pm
How many news clips and comments must be made before you ACTUALLY DO SOMETHING about it ALL??? I mean, lets get real here. Every comment, every enegy, every second not focused on defeating all this crap is NOTHING BUT A WASTE OF TIME! You are still asleep! WAKE UP!!!!!
http://WWW.WARNTHEPEOPLE.ORG
TheGhost Reply:
February 18th, 2009 at 4:42 pm
how many times do you have to post the same comment?
Get Prepared Reply:
February 19th, 2009 at 2:46 am
Stop it
Get Prepared Reply:
February 19th, 2009 at 2:48 am
To The Ghost,…….Stop it!
The multiple posts was just a mistake.
February 18th, 2009 at 12:49 pm
sorry fo the extra posts computer was frozen
February 18th, 2009 at 12:49 pm
are we at rock bottom yet???
Social Viability Reply:
February 18th, 2009 at 12:59 pm
No, sir.
In all likelihood, once we hit rock bottom, you will look back on Feb 2009 as though it were paradise.
The central bankers are not even close to being finished raping you, your family and your entire culture.
They have spent nearly 100 years sucking the life out of the America. The bubble will pop and reality will sink in and the America will become a subject in history books.
The central bankers took over America in 1913. America was conquered when the Federal Reserve Act was passed.
It is time for revolution. And the only revolution that will be effective against the central bankers is a monetary revolution.
If you stop using the filthy money that they supply to you, their banking system will dissolve. When you switch to an alternative currency the bankers will no longer be able to steal from you through inflation and usury. You will not be dependent upon them for credit and you will no longer be dictated to by the politicians that the bankers employ.
Don’t fight the system:
Replace it
http://socialviability.com/
porge Reply:
February 18th, 2009 at 1:18 pm
I agree………….The first thing we need to do is run the banks and try to withdraw all the money that doesn’t exist. After that we need a new currency that is not electronic or IOUs. The currency needs to be transfered at the point of transaction in order to eliminate the need for trust. This will keep the power from concentrating. If we use and electronic currency or paper than we will be exposed to the same flaws that allow crime and fraud.
February 18th, 2009 at 12:58 pm
I’m anxious to get this s--- going! The longer we wait, the harder this battle will be
porge Reply:
February 18th, 2009 at 1:25 pm
see above
TheGhost Reply:
February 18th, 2009 at 4:54 pm
dont get all f---ing uppity and do something stupid, for f---s sake we need a mass protest first, a tax revolt, something other than armed revolution.. atleast until the govt shoots down our protests and demands.. that way we will have the initiative, the target, and a unified front.. if you all just start shooting it will cause chaos and we will lose.. im cocked, locked, and ready to rock, but im not going to shoot anyone in an authoritative capacity without protesting and trying to work things out peacefully.. then when that fails, we can start shooting those motherf---ers
February 18th, 2009 at 1:01 pm
I think the DOW will stage a big rally in the near-term. Maybe even climb back to 10,000!
But after bank nationalization becomes a reality, look for it crash and crash hard. Watch the twin towers of stocks and commodities to both implode.
A 900 DOW is possible, maybe even inevitable, in the post-bank nationalization environment.
Look for the banksters and brokers to make one last payday before the concrete overshoes are placed on them and they are thrown from the bridge.
Crispin Glover Reply:
February 18th, 2009 at 1:15 pm
Those are the dreams of a child Bobbipin. You won’t see DOW at 10k for a long long time. 8000 appears to be its new ceiling.
February 18th, 2009 at 1:31 pm
Standard results from the plunger crew in the background controlling markets.
Every time a bill goes to be voted on and passed…they plunge the stocks down.
Then after the bill passes..the stocks recover over time.
Then it looks like it stabilized markets and tries to fool the common investors that the bottom has been hit and things will get better.
I love watching people like Cramer or corporate media try to tell people to keep investing in a market that has been proven to be corrupt and not a free market at all!!
They make it sound like the only way to make money is by investing.
Time to learn from this mistake and do like our grandparents taught us.
Don’t borrow money, work to save money.
February 18th, 2009 at 1:49 pm
That’s what happens when a Ponzi scheme finally tops out. If you are not out by now, forget it. Your money is gone!
The stock market has been a scam since the days of Jim Fisk and the rail road monopoly.
February 18th, 2009 at 2:03 pm
Alex ~ THE CALLED WAS A PSY OP. Basic psychology is to put you on the defensive by ASKING QUESTIONS. Even normal questions to normal healthy people subtly puts ANYONE in a defensive stance. Just THINK BASKETBALL on the phone. The moment you hear something absurd like an inference that you do not talk about WHAT WE SHOULD DO ~ unless it is a dimwit on the line (and you could tell) TURN THE TABLES ALEX. YOU start asking HIM what HE HAS DONE for the cause. Ask him to be specific and LIST WHAT HE HAS DONE TO HELP. That caller was a sophisticated psy op and obviously more effective at COVERT operations than most of the callers that are not in our camp. We are watching your back Alex ~ always. So that is Ethel’s BEST ADVICE of the day.
Oh, P.S. you were FABULOUS on Coast to Coast. I honest to god think you are helping snap George out of his timidity. He knows only he feels uncomfortable being too militant. It is time he came around to the NWO big time and you are making HUGE inroads into that. We watch Alex ~ and we listen. We are your following. And we are alert.
God bless,
Ethel
February 18th, 2009 at 2:04 pm
ss for typo Alex ~ the CALLER was a psy op.
February 18th, 2009 at 2:55 pm
Dow at under 5000, a near certainty, dollar to be worthless when fed buys up tbills, gold to skyrocket and oil & food too.
The Free Celt Reply:
February 18th, 2009 at 7:14 pm
Good call. And pretty soon too. Do you guys do financial trading / spreadbetting online? You can make money as the Dow and everything else sinks and on gold rising. Its a way of making money during the depression.
February 18th, 2009 at 3:05 pm
It seems everytime Obama makes a public statement and signs something into law…the DOW drops 2-3 hundred points gee i wonder why?
Get Prepared Reply:
February 19th, 2009 at 2:49 am
Yup!
February 18th, 2009 at 3:16 pm
http://www.youtube.com/watch?v=o91nfl-Y3O4
February 18th, 2009 at 4:37 pm
So far bob chapman is right on the mark with what he said when the dow was at 9600. I’ve been watching it slide ever since.
February 18th, 2009 at 6:50 pm
Sell your stock OR pawn whatever you have. This is NOT a recommendation
to sell your wife or lovely young daughter.
There is now a ” quite ” run on the banks. The economic guns of most people are now clicking.
They are out of economic bullets. So people are selling their stocks to get money.
Low pay, no pay jobs, don’t pay the bills. I have never seen so many ATM (s) temporarilly out
of service or in dis-repair.
By the time the Stimulus Package, Carpathia (ship that went to rescue the Titanic) arrives,
all that will be found are the bubbles where the Titanic use to be.
February 18th, 2009 at 7:21 pm
The End Is Near.
February 18th, 2009 at 7:21 pm
The jigsaw is almost complete. The final pieces will be in place over the coming months and years.
How do we stop it?
Any of you from the UK?
The Free Celt Reply:
February 19th, 2009 at 4:15 am
Hi I’m from Ireland. Things may deteriorate so rapidly that a revolt could stop their plans.
csclad Reply:
February 19th, 2009 at 5:50 pm
Lets hope so fella. Not looking good thouhg.
Where in Ireland are you? Im in Glasgow btw.
February 18th, 2009 at 9:22 pm
white racist and your candy land air money, first sign of doom fate, you white devil just get in crabwalk position and let rich white jew lords double penetrate till they get moneys worth, i hope you all can eat gold, cus redman want nothing to do with you and american idol when all said and done
February 18th, 2009 at 10:28 pm
Make fliers and get them out! My flier “Care about the loss of your constitutional rights. Watch these videos (Youtube) and spread he word.” Then list all of your favorite videos!
It works, I have done thousands. Stick them on cars, in books, at college campuses, everywhere!!!!!!!!
February 18th, 2009 at 10:29 pm
It’s going to keep falling next it will be a not so quiet run on the banks and bank holidays. Then the party will get started. End of Feb or early March. I’m tiered of waiting too.
February 19th, 2009 at 2:43 am
Twin Towers destroyed. Then they will create tower of babel in NYC. There is tower of Babel in Dubai, United Emigrated Arab. Check out google earth for tower of babel. We are already on HELL.