Who thinks the stock market is going to zero?

[mrmarket]

That would be something, wouldn't it?

[New-born baby]

That would be something, wouldn't it?

Query: if the USA defaults on its debts, will the market go to zero? The only way out of this mess is the devaluation of the US dollar so that we can start producing here in USA so we can sell items abroad and pay off the foreign debt. Isn't that so, Mr. Wharton sir?

[Rob]

The only way out of this mess is the devaluation of the US dollar so that we can start producing here in USA so we can sell items abroad and pay off the foreign debt.

No, the way out of this mess is to stop glorifying decadent behavior, stop subsidizing laziness and ineptitude, stop punishing the horses that pull the carts, stop spending money that does not need to be spent, start enforcing the laws, etc., etc. But guess what ... it ain't gonna happen in this world.

[mrmarket]

Query: if the USA defaults on its debts, will the market go to zero? The only way out of this mess is the devaluation of the US dollar so that we can start producing here in USA so we can sell items abroad and pay off the foreign debt. Isn't that so, Mr. Wharton sir?

Directionally that is correct...what is that song...... "Saved By Zero"?

[billyjoe]

http://www.youtube.com/watch?v=swzK7Q8teSM

-------------billy

[New-born baby]

No, the way out of this mess is to stop glorifying decadent behavior, stop subsidizing laziness and ineptitude, stop punishing the horses that pull the carts, stop spending money that does not need to be spent, start enforcing the laws, etc., etc. But guess what ... it ain't gonna happen in this world.

I agree with your post.

[Peter Hansen]

Dow 850

According to Peter Schiff , he proclaims that the DOW will sink to 850......Does he really know?, Does anyone really know? I suspect NOT!
Never forget , "The Trend Is Your Friend".....and right now the trend is down for all markets . Warren buffet the sage of Omaha took the gas pipe with his long positions !

Case Closed!

[mrmarket]

Maybe they should start measuring the Dow in degrees Kelvin? If it didn't hurt so much I would siss myself laughing.

[IIC]

I'll bet you a dollar that the Dow does not go to zero

[jiesen]

I'll bet you a dollar that the Dow does not go to zero

no way, man. I'm saving my dollar to buy all of the Dow companies when that happens.

[Lyehopper]

Recent Historical Lesson....

The Japanese tried a similar strategy to prop up failing/ailing banks and companies (only not as radical).... Has it worked for them?

The "Nikkei 225" peaked at around 39,000 in 1990 then started to slide.... it's now @ 7,290 or 81% off the 1990 highs, and still falling!

http://finance.yahoo.com/q/bc?s=%5EN225&t=my

Who in Japan in the early 90's would have thought the Nikkei 225 would be down 80%+ 15-18 years later? Was not the government going to HELP their markets with socialist/protectionalist policy?

Could our markets see "zero"?.... Don't know.... Could we see levels 80-90% off our highs?... sure we could!.... Where will the bottom be? No one knows.... But how about this prediction... We'll NEVER see the old highs again, ever.

But why fuss and whine? Everybody wanted "CHANGE!".... right?.... Heckfire! even Warren Buffet, he wanted "CHANGE!", right?.... Hey Warren! look at your BRK-B shares, now off over 50%.... you're gettin' "change" alright!.... freakin' "chump change".... I reckon.

[New-born baby]

Lyehopper

Hey Lye,
Please click on this link and watch the 3 minute video. I'd love to have your response.

http://www.mrmarketishuge.com/showpost.php?p=98529&postcount=19

[Lyehopper]

Hey Lye,
Please click on this link and watch the 3 minute video. I'd love to have your response.
http://www.mrmarketishuge.com/showpo...9&postcount=19

Hey Kids!.... Can you say "Civil War"?....

[New-born baby]

Hey Kids!.... Can you say "Civil War"?....

Civil War makes the market go down.

Mexico put an army in Juarez yesterday. Juarez borders El Paso. The drug lords have an armed army estimated by USA to be 100,000 strong in Juarez. I also understand that the Texas governor put the State Guard (not the National guard) along the border in case of trouble.

A Douglas, Arizona man is being sued because he caught 12,000 illegal aliens crossing his land. He turned them over to the INS and the last 16 he caught are SUING HIM in US Federal Court.
Here's the link:

http://washingtontimes.com/news/2009/feb/09/16-illegals-sue-arizona-rancher/

Where's the brains in this nation? A nation led by this kind of justice cannot stand.

[Lyehopper]

Short Sell the rallies....

Civil War makes the market go down.

So does everything else!.... Well I guess it's like me buddy Spikefader always says "sell into strength ye scallywags!.... sell strength!!!!"