tagged w/ Stock market crash
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And who could forget . . . . ?
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The Hindenburg Omen, a technical indicator which uses a plethora of data to foreshadow a stock-market crash, was tripped again on Friday, marking the second time since Aug. 12 it has occurred. (It also came close on Thursday, but one of its criteria fell short.)
The latest trigger has prompted the Omen’s creator, Jim Miekka, to exit the market. “I’m taking it seriously and I’m fully out of the market now,” Miekka, a blind mathematician, said in a telephone interview from his home in Surry, Maine.
“I would’ve probably stayed in until the beginning of September,” depending on how the indicators varied. “That was my basic plan, until the Hindenburg came along.”
http://morichesdaily.com/2010/08/hindenburg-omen-creator-exited-stock-market/The Hindenburg Omen, a technical indicator which uses a plethora of data to foreshadow... more
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Yes, I know it sounds ridiculous.Just because a bunch of people use certain words to express themselves in fora(forums) doesn't mean that they're in some way foretelling the future,but...,but fact is that Cliff High was able to predict a number of specific and major events.Well, you'll be the judge of it! No wait, let time be the judge of it!Yes, I know it sounds ridiculous.Just because a bunch of people use certain words to... more
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Yesterday, The New York Times, Washington Post, Los Angeles Times, and Wall Street Journal all led with front page stories about yet another horrible day for stocks that sent one clear message: Investors are freaked out. Another grim milestone was reached yesterday as the broad Standard & Poor's 500-stock index plunged 6.7 percent and reached its lowest level since 1997. The Congressional bailouts have failed miserably. The WSJ pointed out that if the index were to finish the year with yesterday's numbers, it would mark "the worst annual percentage drop in its 80-year history."And today's not looking any better!!
Now in Japan, the CEOs of failed and bankrupt banks and corporations take shame seriously. When Japanese CEOs make mistakes, they're expected to make a big show of tearily flogging themselves in public (figuratively). But what's going on here in America?
American corporate CEOs get to screw up as bad as they want and walk away with millions, with nary a tear nor even a nice tip to the bellhop on the way out the door. They problem is that in this country, CEOs are only too happy to trade the scorn of the public for a pile of money.
This article includes a number of great photos and two very darkly satirical videos.Yesterday, The New York Times, Washington Post, Los Angeles Times, and Wall Street... more
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The U.S. stock market collapsed 79 years ago on October 29, beginning the Great Depression. The day is known as Black Tuesday. Some people say we are heading into another Great Depression.The U.S. stock market collapsed 79 years ago on October 29, beginning the Great... more
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September was already a dark month for New Yorkers. It started out with observances for the seventh anniversary of 9/11. Then the stock market went and crashed.
This piece presents a number of memorable photographs, as well as a thought-provoking documentary short-film that focuses on the memorials held at the World Trade Center and on Wall Street.September was already a dark month for New Yorkers. It started out with observances... more
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The Standard & Poor’s 500 stock index was down nearly 7.6 percent yesterday and the Dow Jones industrial average was down 678.91 points, both posting one of their worst days in post-war history. In addition, new data released on Thursday showed that retail investors were withdrawing tens of billions of dollars from stock mutual funds, a sign that the panic on Wall Street is spreading.
This stupendous stock market crash should serve as a stark reminder to us that ultimately, no one is much different from people who are either very poor or homeless.
This piece presents a number of emotionally stunning photographs, as well as a remarkable, very touching short film.The Standard & Poor’s 500 stock index was down nearly 7.6 percent yesterday... more
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This piece examines poet Billy Collins' enigmatic poem "Hunger" by posting the poem's lines up against a short film showing a silent urban landscape like hyper-literary graffiti. The film interprets Collins' poetic riddle with a visual rendering of the poem, showing a forsaken and depopulated cityscape's lonely craving.
In particular, no matter how grand your home might be, the film reveals that it can be a very lonely place on a very big planet. Further, no matter in what esteem you may hold it, or yourself, ultimately you’re very insignificant. In the end, no one is much different from the people who are very poor or are homeless.
The piece presents a number of emotionally stunning photographs, music audio and the remarkable short film, “Hunger.”This piece examines poet Billy Collins' enigmatic poem "Hunger" by... more
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