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Post by The Great Aztec Joe on Sept 17, 2010 10:25:57 GMT -8
The Stock Market Crash of 2010 Sept 24th - A day that will live in Infamy. The reasons will be in those reports scheduled below for release to the public. biz.yahoo.com/c/ec/201038.htmlSep 21 8:30 AM Housing Starts Aug Sep 21 8:30 AM Building Permits Aug Sep 21 2:15 PM FOMC Rate Decision 9/21 Sep 22 10:30 AM Crude Inventories 09/18 Sep 23 8:30 AM Initial Claims 09/18 Sep 23 8:30 AM Continuing Claims 09/11 Sep 23 10:00 AM Existing Home Sales Aug Sep 23 10:00 AM Leading Indicators Aug Sep 24 8:30 AM Durable Orders Aug Sep 24 8:30 AM Durable Orders -ex Transportation Aug Sep 24 10:00 AM New Home Sales Aug[/quote] Though it may start before then, the 24th is the date most likely for the Stock Market Crash of 2010 |
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Post by The Great Aztec Joe on Sept 17, 2010 10:27:22 GMT -8
Though it may start before then, the 24th is the date most likely for the Stock Market Crash of 2010
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Post by The Great Aztec Joe on Sept 17, 2010 10:38:16 GMT -8
See all the housing reports above. This Depression is all being driven by the housing collapse. The housing collapse is still not over. In fact, we have a long way to go. The continuing collapse will finally become apparent to all of those people who thought that we were in recovery.
Folks, there has been no recovery, just stagnation on a plateau and it about to collapse into the valley below. Are you ready? Are your investments safeguarded. Are you safeguarded. There is going to be tremendous violence in the months and years ahead.
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Post by waztec on Sept 18, 2010 7:26:40 GMT -8
The economic collapse concerns me not nearly as much as the asteroid currently hurtling toward earth (its out there somewhere, I just know it). When it hits society will collapse. Home prices will go down another one to five percent , Christine O'Donnell will "find herself" in a loving way in the face of the coming rapture and davdesid will start packing his gun and conducting preventative community patrols. What are we going to do about that?  |
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Post by davdesid on Sept 18, 2010 13:05:17 GMT -8
The economic collapse concerns me not nearly as much as the asteroid currently hurtling toward earth (its out there somewhere, I just know it). When it hits society will collapse. Home prices will go down another one to five percent , Christine O'Donnell will "find herself" in a loving way in the face of the coming rapture and davdesid will start packing his gun and conducting preventative community patrols. What are we going to do about that? Sounds like a plan... ...except I don't recall ever saying "I have a gun". (being allowed to acquire one if desired/needed does not necessarily = having one). Oh, and if O'Donnell is an airhead, which she may well be, she would be right at home in the Senate with the likes of Murray, Boxer, Snowe, and the hare-lip Collins. I'm not sure about Cantwell, she at least appears to be smart enough to keep her pie-hole shut most of the time. |
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Post by The Great Aztec Joe on Sept 18, 2010 15:58:56 GMT -8
Remember, guys, I was the guy who told you what was coming four years ago. It has unfolded exactly as I said it would.
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Post by The Great Aztec Joe on Sept 18, 2010 16:47:37 GMT -8
A long slow motion collapse that just keeps on happening.
Remember, I was talking about the economic collapse as I pointed out over and over again. MY words exactly were that it would be like a "Slow Motion Falling House of Cards.
When you think about it that is almost like a nightmare that you see unfolding but you can not wake up from even though you can not believe that it is really happening.
All of the government bailout plans have only forestalled the continuing collapse to make it even a more slow motion collapse, BUT it is still going down.
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Post by The Great Aztec Joe on Sept 23, 2010 6:21:54 GMT -8
Notice the deliberate attempt to deceive the public in the news release below?
Home sales up 7.6 pct. in August; sales still weak
Sales of previously occupied homes rise 7.6 pct. in August after weak second-worst in decade
ap
WASHINGTON (AP) -- Sales of previously occupied homes rose last month, but not enough to keep August from being the second-worst month for sales in more than a decade.
The National Association of Realtors says sales rose 7.6 percent in August to a seasonally adjusted annual rate of 4.13 million. Sales were down 19 percent from the same month a year earlier.
July was the worst month for sales in 15 years. That was changed by the slightly upward revision to a pace of 3.84 million. High unemployment, falling home prices and a tight credit have kept people from buying homes. The industry received a boost this spring when the government offered home-buying tax credits, but has struggled since those expired in April.
The median sale price was $178,600, up 0.8 percent from a year ago.
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Post by The Great Aztec Joe on Sept 23, 2010 6:31:53 GMT -8
Seasonally adjusted rate of 4.13 Million?  ? And they want you to believe it went up SEVEN PERCENT??? Lying scumbags! Here is the data from the past few months. JUN 2010 5.26 M MAY 2010 5.66M APR 2010 5.79 M MAR 2010 5.36 M FEB 2010 5.02 M JAN 2010 5.05 M DEC 09 5.45 M NOV 09 6.54 M OCT 09 6.09 M Looking at that, do you see the continuation of the trend DOWN? Does your government lie to you? Yes! All the time. |
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Post by The Great Aztec Joe on Sept 23, 2010 6:34:24 GMT -8
The economic collapse concerns me not nearly as much as the asteroid currently hurtling toward earth (its out there somewhere, I just know it). When it hits society will collapse. Home prices will go down another one to five percent , Christine O'Donnell will "find herself" in a loving way in the face of the coming rapture and davdesid will start packing his gun and conducting preventative community patrols. What are we going to do about that? WAZ, be prepared to get very concerned. It just keeps falling and falling and falling in slow motion. Ever downward. |
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Post by AlwaysAnAztec on Sept 24, 2010 7:34:08 GMT -8
11:31 AM Eastern Standard Time
Market is UP 180 points.
Still waiting for the crash. ;D
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Post by The Great Aztec Joe on Sept 24, 2010 7:50:25 GMT -8
11:31 AM Eastern Standard Time Market is UP 180 points. Still waiting for the crash. ;D So am I. But, remember, I have posted over and over and over again that the crash from today will last for years. All the negative data is there as I expected. The government has lied like hell about it and people are buying and Goldman Sachs is aiding the rise in the market. With the economy falling like it is, the Market will follow in twain. Based upon the economic decline stocks are overvalued by a factor of two. Now, if the economy is going to suddenly rise they can stay overvalued. I see no rebound in the economy. Only false GDP. |
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