I work for a stock exchange, and overall volume is going berserk

[sabra]

We are are currently @ a pace to break our previous volume records by 15%... Is this a reaction to the UBL tape, Ford announcing layoffs, or something else?

[mom cat]

1. Iran oil and rising prices...near $70 now.

[democracyindanger]

5. Iran's pulling its cash out of European banks

Assuming sanctions are on the way, which they probably are. Wouldn't be surprised if they turn off the taps for the West, too.

[mom cat]

6. Iran moving money out of Europe:

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x2054570

[hatrack]

2. Maybe everybody decided we weren't such a good bet after all?

Just my guess - and I'm not a broker.

[dchill]

3. According to the "Teevee"...

It's "disappointing" earnings, and oil is going up again.

[gratuitous]

4. Stupidhead was speechifying on the economy today

Telling everyone how wonderful things are, and how in no time at all, he's going to have this deficit problem he created licked once and for all.

I suppose that could set off a selling panic.

[blm]

7. *snort*

right through the nose on that one

[sabra]

8. LOL - "sell sell sell"

[BonnieJW]

32. I just dumped all my Yahoo stock

because of their despicable behavior in complying with the DOJ and releasing their search records. I send them an email and told them what I did and why.

[ProfessorGAC]

9. Yeah, Because He Understands Economics So Well!

Just not as well as any of my pets.
The Proefssor

[Binka]

18. Hey Prof I've Got About 20 Pairs Of Shoes That Understand Economics Better

The blue ones much better than the red ones!

[TahitiNut]

13. He went to the Ken Lay School of Economic Cheerleading.

It's amazing how much he sounds just like Ken Lay when Lay was dumping his stock while telling others how wonderful it was.

[papau]

24. LOL - so true! :-)

:-)

[dchill]

33. "this deficit problem he created" ...

He didn't create it - he just revived it. The Creator of Debt was actually St. Ronald of Reagan. Dim Son is trying to glom his aura from both Ronnie and Tricky Dick. I hope he doesn't stop...

[TahitiNut]

10. The market has been on course for a Perfect Storm since January 2001.

While this may not yet be it, I'm surprised it's even taken this long. :shrug:

[KoKo]

34. Steve Roach (Morgan-Stanley), Bill Gross (Pimco Bond Funds) and

the "Prudent Investor" and other Market Watchers have been predicting just what you say for awhile. They've been flummoxed as to why it hasn't occured sooner, also.

Some say we have another two years of BushCo. "pumping the market" and then the bottom falls out. I think the "honest" market watchers didn't get that the Bushies have been "manipulating the market" just like they've been manipulating Americans. Their "roots grow in clusters..." blah blah...

[JuniperLea]

11. Did China or Saudi Arabia just buy another big chunk of our debt ...

or something?

[JuniperLea]

12. Wasn't there a sell spree just before 9/11?

[skids]

36. Scary, scary thought. n/t

[Lori Price CLG]

14. Where are Bush's stock 'pumpers,' who keep the market...

artificially high, whenever the Idiot Usurper needs an economic 'boost?'

Lori Price

[mdmc]

19. they are in Iran

waiting for sanctions...

[ClintonTyree]

15. Time for another redistribution of wealth...........

the big boys had finally suckered the little guys back into the market, time to fleece the sheep. Again.

[global1]

16. Day Trading By Frist and DeLay....... n/t

[mom cat]

25. LOL!

[alfredo]

17. The Dow is down 166 as of 1412 EST. (1:12)

There's still two hours left for trading. let's see what happens. This might be a one day thing.

Monday they may decide to go bargain hunting.

[thefloyd]

20. GE's Earnings

Correction:
Ge's earnings were down 46% from a year ago same time last year

[KoKo]

35. GE is a puzzle since most DU'ers think they profited off Iraq. Their

business in "GE Capitol Credit" and "Airline Engines" seems to have taken a bigger hit than what they have been doing for the Military.

Makes it hard to understand why they've cracked the whip on MSNBC,NBC doesn't it.

I can't figure it out... Their stock has done nothing under Bush yet they stack their Cable with Right Wingers. :shrug: Maybe they are "ever hopeful" or the BushCo. has something they are holding over them that we don't know about. :

[radwriter0555]

21. Monday sell off.

Be careful. If you're day trading keep a close eye on your positions and don't let them ride overnight until the 'weather' clears.

Then, have your orders in on the stocks you want to get on SALE! yeah baby!

[thefloyd]

22. BooooooYaaaaaa

Mad Money

[sabra]

23. it's going to get interesting...

[radwriter0555]

28. Down, down, down.... by the minute... dang... haven't seen a sell off like

this in a long time!

[SharonRB]

26. The market looks like it's tanking

WTF is going on? I wondered, too, if it was a reaction to OBL's tape.

[radwriter0555]

27. The japanese market tanked earlier this week...

just be careful.

[sabra]

29. response to the Bush - Abramoff pics revelations? :-)

[Junkdrawer]

30. Anyway to tell if it's big investors or small investors selling off?

:shrug:

[sabra]

31. I personally won't know till Monday...