# Morning Money Crew - Market closing up or down today?

**URL:** <https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705>\
**Category:** NYSpeed Off Topic\
**Created:** [September 30, 2008, 6:15am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705 "2008-09-30T06:15:31Z")\
**Posts on this page:** 20\
**Page:** 7

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**Author:** ![j\_espo1](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/j_espo1/32/7291_2.png) [@j\_espo1](https://forums.speedlife.net/u/j_espo1)\
**Post date:** [October 6, 2008, 10:47am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/121 "2008-10-06T10:47:18Z")

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Dow 9,794.21 -531.17

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**Author:** ![burnt\_toast](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/burnt_toast/32/7518_2.png) [@burnt\_toast](https://forums.speedlife.net/u/burnt_toast)\
**Post date:** [October 6, 2008, 10:48am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/122 "2008-10-06T10:48:15Z")

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Just thought I’d throw in the current dow change thus far today  
-566.85 (-5.48%)

edit: lol. damn

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [October 6, 2008, 11:10am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/123 "2008-10-06T11:10:24Z")

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-626.43 -6.07%

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**Author:** ![Fry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fry/32/7284_2.png) [@Fry](https://forums.speedlife.net/u/Fry)\
**Post date:** [October 6, 2008, 11:34am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/124 "2008-10-06T11:34:14Z")

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Eek. Dow 9,577.41 -747.97 (-7.24%)

Woo! 1000 point rally tomorrow morning! Everyone ready to get rich?!

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**Author:** ![BluBalls](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bluballs/32/7212_2.png) [@BluBalls](https://forums.speedlife.net/u/BluBalls)\
**Post date:** [October 6, 2008, 11:36am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/125 "2008-10-06T11:36:35Z")

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I wonder how low it would have gotten if the bailout didn’t pass.

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**Author:** ![Fry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fry/32/7284_2.png) [@Fry](https://forums.speedlife.net/u/Fry)\
**Post date:** [October 6, 2008, 11:37am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/126 "2008-10-06T11:37:11Z")

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It’d be up?

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**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\
**Post date:** [October 6, 2008, 11:52am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/127 "2008-10-06T11:52:12Z")

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> [@Fry](#):
>
> It’d be up?

:word:

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**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\
**Post date:** [October 6, 2008, 12:00pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/128 "2008-10-06T12:00:23Z")

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If the bailout failed the Dow would’ve been closer to 8500 which is around what most OG analysts say it should be, based on the overall market and without all of the adrenaline injections by the gov’t.

But I guess being OG doesn’t mean anything since the only way that you’ll stay alive in such a field is by being right more then being wrong.

meh

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**Author:** ![Quattro\_Krant](https://avatars.discourse-cdn.com/v4/letter/q/ac91a4/32.png) [@Quattro\_Krant](https://forums.speedlife.net/u/Quattro_Krant)\
**Post date:** [October 6, 2008, 12:09pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/129 "2008-10-06T12:09:17Z")

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> [@Fry](#):
>
> Eek. Dow 9,577.41 -747.97 (-7.24%)
> 
> Woo! 1000 point rally tomorrow morning! Everyone ready to get rich?!

I’m still more then a bit leary of jumping back in tomorrow. But, looking back to when it last dropped marking the single largest drop, it was followed the next day by the single largest point gain. Would I rather sit out and potentially not make money, or would I rather jump in and potentially loose money, or should I just know what I have and not do anything:thankyou::thankyou:

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**Author:** ![tpgsr](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tpgsr/32/7374_2.png) [@tpgsr](https://forums.speedlife.net/u/tpgsr)\
**Post date:** [October 6, 2008, 12:11pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/130 "2008-10-06T12:11:01Z")

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even if you jump in now and lose a few, the market will eventually turn. Can you afford to lose the money for a period of time or even indefinitely? If no then you should look to safer investments

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**Author:** ![Fry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fry/32/7284_2.png) [@Fry](https://forums.speedlife.net/u/Fry)\
**Post date:** [October 6, 2008, 12:12pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/131 "2008-10-06T12:12:33Z")

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> [@Quattro Krant](#):
>
> I’m still more then a bit leary of jumping back in tomorrow. But, looking back to when it last dropped marking the single largest drop, it was followed the next day by the single largest point gain. Would I rather sit out and potentially not make money, or would I rather jump in and potentially loose money, or should I just know what I have and not do anything:thankyou::thankyou:

At this point it would seem that you have to be willing to kiss it goodbye indefinitely. :ohnoes:

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**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\
**Post date:** [October 6, 2008, 12:13pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/132 "2008-10-06T12:13:53Z")

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**IF YOU CAN’T AFFORD TO PUSH YOUR CAR OFF OF A CLIFF AND WALK AWAY THEN DON’T MOD / RACE IT.**

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**Author:** ![Quattro\_Krant](https://avatars.discourse-cdn.com/v4/letter/q/ac91a4/32.png) [@Quattro\_Krant](https://forums.speedlife.net/u/Quattro_Krant)\
**Post date:** [October 6, 2008, 12:17pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/133 "2008-10-06T12:17:17Z")

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> [@tpgsr](#):
>
> even if you jump in now and lose a few, the market will eventually turn. Can you afford to lose the money for a period of time or even indefinitely? If no then you should look to safer investments

Well no $hit, thats like saying we are eventually all going to be plant food. Could I put in money and afford to loose it, yes. Would I rather not loose my money or better yet, make money with it? I think the answer to this is pretty self explanitory.

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [October 6, 2008, 1:12pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/134 "2008-10-06T13:12:07Z")

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> [@BluBalls](#):
>
> I wonder how low it would have gotten if the bailout didn’t pass.

That is the $700 billion dollar question that will never be answered.  
Which is precisely why it got jammed through so fast.

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**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\
**Post date:** [October 6, 2008, 1:42pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/135 "2008-10-06T13:42:23Z")

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> [@Nikuk](#):
>
> **IF YOU CAN’T AFFORD TO PUSH YOUR CAR OFF OF A CLIFF AND WALK AWAY THEN DON’T MOD / RACE IT.**

Haha thats actually pretty good advice.

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**Author:** ![JoesTypeS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joestypes/32/7190_2.png) [@JoesTypeS](https://forums.speedlife.net/u/JoesTypeS)\
**Post date:** [October 6, 2008, 2:01pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/136 "2008-10-06T14:01:13Z")

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> [@Blue Eyed Devil](#):
>
> That is the $700 billion dollar question that will never be answered.  
> Which is precisely why it gat jammed through so fast.

Bitch we haven’t spent a dime yet

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [October 6, 2008, 2:07pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/137 "2008-10-06T14:07:07Z")

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I didn’t say we did but it is commited which is the same thing.  
Or can we just say, “Oh, sorry, we aren’t going to give you that money even though we passed it and it was signed by the Pres.”  
If so then what was the point of the big show they put on last week?  
What will it take for you to admit this bail out was wrong?  
Seriously, what?

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**Author:** ![AKUMA\_TO\_TENSHI](https://avatars.discourse-cdn.com/v4/letter/a/db5fbb/32.png) [@AKUMA\_TO\_TENSHI](https://forums.speedlife.net/u/AKUMA_TO_TENSHI)\
**Post date:** [October 6, 2008, 7:27pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/138 "2008-10-06T19:27:44Z")

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Plan for the rest of the week:

Tues:  
Long untill bad new hit the markets…and bank issue etc. Japan is turning right now.

Wed:  
Long impending rate decision will have some speculators gaming a .75 Bp cut.

Thur:  
Long until 2 hour before rate decision. Rate decision comes out words are parsed. Market reacts like a spoiled brat sell off starts

Fri:  
Further selling continues more doom and gloom…

KK

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**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\
**Post date:** [October 7, 2008, 6:15am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/139 "2008-10-07T06:15:18Z")

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Pre-market shows up up up today. I say +322.19

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**Author:** ![BluBalls](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bluballs/32/7212_2.png) [@BluBalls](https://forums.speedlife.net/u/BluBalls)\
**Post date:** [October 7, 2008, 6:18am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/140 "2008-10-07T06:18:20Z")

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We’re Americans… buy buy buy!

I say up 299.99

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