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wall street collapse?

  • #1
  • First Post: Jun 29, 2008 9:44am Jun 29, 2008 9:44am
Hi all


i want to know ur idea ,if monday history repeate and will see black monday of 1929 ,dow is in sell teritory now,gbp/jpy can see 186.76 in just a few trading hours or a little more,usd/jpy 93.67,eru/usd 1.71??????? !!!!!!!!!!!!!
eru/gbp 0.85 ,gbp/usd 2.0136 ?


what do u think ? BE AWARE OF BLACK MONDAY
  • #2
  • Jun 29, 2008 9:59am Jun 29, 2008 9:59am
Don't forget to breathe.
Just trying to make some dollars and sense...
  • #3
  • Jun 29, 2008 10:03am Jun 29, 2008 10:03am
Quoting farhadfx110
Hi all


i want to know ur idea ,if monday history repeate and will see black monday of 1929 ,dow is in sell teritory now,gbp/jpy can see 186.76 in just a few trading hours or a little more,usd/jpy 93.67,eru/usd 1.71??????? !!!!!!!!!!!!!
eru/gbp 0.85 ,gbp/usd 2.0136 ?


what do u think ? BE AWARE OF BLACK MONDAY
Yes, I finaly found a thread talking about this. YES I SEE IT. It may be Tues or Wed. the latest, but I do think you are correct. Monday will be HUGE in determining the near future. Look, for example, at the G/J. Go to your weekly chart and look at This date in '06 (June 30th 2006). Either way this is a crucial point in time right now. If the U.S. news this week is even close to forcast, then the dollar is dead meat.
  • #4
  • Jun 29, 2008 10:15am Jun 29, 2008 10:15am
the idea before this warnning is oil close above 140 and DJIA not rebounded in last friday from 11400 ,also gbp/jpy now is at start of wave 5 of of its decline .
  • #5
  • Jun 29, 2008 10:21am Jun 29, 2008 10:21am
I think the world is coming to an end. Is tomorrow going to be the same Monday that eliminated the dinosaurs few million years ago and now will eliminate humans?
  • #6
  • Jun 29, 2008 10:24am Jun 29, 2008 10:24am
Quoting good
I think the world is coming to an end. Is tomorrow going to be the same Monday that eliminated the dinosaurs few million years ago and now will eliminate humans?

that is true we are at the end of times. the word of god has predicted the end of times and we are getting close to it. the second coming is eminent.
  • #7
  • Jun 29, 2008 11:57am Jun 29, 2008 11:57am
i will not be a pessimist anyway, but i see this trend continuing bullishly, but definitly man has always survived , there will be a solution somehow, someday, sometime.
know thy edge and abide by it ! 4 in it shall thou be successful !
  • #8
  • Jun 29, 2008 12:21pm Jun 29, 2008 12:21pm
Quoting Petefaders
Come on people! OK I'll try again..

What are the chances/reasons for a dollar collape on Monday??? That is what this thread is for.

oil plain and simple. you need more explanation or what. thats that fact.
  • #9
  • Jun 29, 2008 12:25pm Jun 29, 2008 12:25pm
Quoting treadline
oil plain and simple. you need more explanation or what. thats that fact.
Attached Image (click to enlarge)
Click to Enlarge Name: dji_longterm.gif Size: 87 KB
  • #10
  • Jun 29, 2008 12:31pm Jun 29, 2008 12:31pm
I see this chart as start of a nuclear reaction ,non farm may show a deeper job loss,unemployment rate may increase,and oil will go up over 150 ,then what ? do u saw the T note buying last week,refer to bloomberg .these are not good signs.
  • #11
  • Jun 29, 2008 12:39pm Jun 29, 2008 12:39pm
yes it is curious how bad things happen always on mondays... I'm excited to see what happens in a few hours...
  • #12
  • Edited 1:11pm Jun 29, 2008 12:53pm | Edited 1:11pm
as Goldman Sachs sayed 2 month ago , the oil price will reach to ,,,,
  • #13
  • Jun 29, 2008 1:12pm Jun 29, 2008 1:12pm
after all the price will come back @ mid of 2009 to less than 120$
  • #14
  • Jun 29, 2008 1:25pm Jun 29, 2008 1:25pm
smells to usa economic collapse.

banks going down (*trouble,trouble,trouble*)
oil going up (real demand? or flying away from usa papers...)
consumers with pockets getting empty fast...
dollar, down..........

could be a better combination?....
  • #15
  • Jun 29, 2008 2:00pm Jun 29, 2008 2:00pm
Quoting Petefaders
What are the chances/reasons for a dollar collape on Monday???
My orders are set in place for such questions and potential outcomes. What a week it will be this week
Just trying to make some dollars and sense...
  • #16
  • Jun 29, 2008 4:26pm Jun 29, 2008 4:26pm
The DOW will rally for the next 3 weeks.You guys are connected to the hype, heart and soul. Greed and fear rule.
  • #17
  • Jun 29, 2008 4:30pm Jun 29, 2008 4:30pm
I really think that after the no change rate announcement... the DOW has gone down to try to capture stops before a little rally for the summer.... If not... it will be the recession. I think the overall situation is going to be ranging down until the change of president.
  • #18
  • Jun 29, 2008 4:45pm Jun 29, 2008 4:45pm
Armageddon, here it comes...

Or not...
  • #19
  • Jun 29, 2008 4:46pm Jun 29, 2008 4:46pm
in my opinion also, it is all about the oil price now.

it has break $140, so now it's going to $150.

now it is the weak dollar phase.
but in 2009, after the rate hikes, i think we will see a stronger dollar.
with Opama as a president, the us economy might get stronger.
  • #20
  • Edited 6:22pm Jun 29, 2008 5:55pm | Edited 6:22pm
Wow. All my post are gone. Oil and politics go hand in hand. Obviously this subject is of importance to traders. Do we live in China?
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