Wednesday, October 8, 2008

Oct 6-8th

Oct 6th Monday: DJA down 400 points then 500 point, below 10,000 –

update later: 550 … 600 … it’s 11:11 a.m my time and 2:11 EDT. At 11:35 a.m, 749 points!! I’ve been watching the bolded red headlines at Yahoo finance instead of reading the much smaller print that shows all the fluctuations in the market. So less than two more hours to go till close of business today … I laughed when I saw the 600 pt drop … too much tension in my life with my Mom’s death and this stuff going on ??? Probably, also I feel like I did my job for my Mom and I’ve done not too badly in being prepared for this stock market/economic/societal change stuff coming on for the past 2 years and now is more than mainstream. I think the laughter is like I can cry, wail and/or I can laugh. I do now wish I acted on my IRAs and deferred comp earlier … oh, well I prepared for what I could prompted by my own intuition.

12:21 p.m. my time. 800 points …. 40 some minutes to go till markets close today … and tomorrow …. Or not tomorrow …. 800 is more than the 770 something last week which was the biggest one day drop in years … In June the market did go down about 1000 but it wasn’t all on one day … DJA ended up today by being down on 300 something instead of 800 something.
The time for Ure’s (www.urbansurvival.com) event is Oct 7th 7:10 am UTC—London Time that‘s like middle of the night for MST which we are on. I think it’s about 12:30 a.m.

Many other sources besides George Ure’s site have been seeing something like this coming, too, and that includes financial astrologers (!) and technical stock analysts, and all across the spectrum of left to right in my readings.

October 7th:

Quote from finance.yahoo.com in big type headlines with a red border around it:

“Stocks Sink Again as Investors Look for Fed Rate Cut; Dow Plunges Over 500 as S&P 500 Hits 5-Year Low- AP “

“The misery worsened on Wall Street Tuesday, with stocks piling on losses late in the session and bringing the two-day decline in the Dow Jones industrials to more than 875 points amid escalating worries about credit markets and the financial sector. The Dow lost more than 500 points and all the major indexes slid more than 5 percent. The Standard & Poor's 500 index saw its first close below 1,000 in five years.”

DJA closed at 9447. If this keeps on it’ll be 8000 by the end of the week. :O

Went out today to get flowers for Saturday and went through spam filled email boxes.
So, anything else going to happen this week?

OCTOBER 8th

It continues …. 9200? Something this morning ….
Interest rate cuts went down all over the world …. President is callingfor a G7 or 8? Emergency financial meeting this weekend … No official signs of bank holidays yet but they are still a possibility, I’m sure.

More later .... this is beginning to really upset people out in the public ...

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