Stock Market Crash Update (September 17th 2008)

[VikingNinjitsu]

impressive video

[VikingNinjitsu]

what do you think about having a global currency?

[kidbilly1970]

Washington must be looking at your videos, LOL. They are desparately trying to get this bail out plan passed before the crash. This bail out plan might postpone the crash for a short term, but the inevitable can't be stopped. The market dictates and is too strong.

[kidbilly1970]

All I can say is wow! What an eye opener. You be on CNBC, not YouTube.

[patriotsundergod]

I don't think I'm enough of a Judas Iscariot sell out to make it on CNBC

[GiveMeLiberty2008]

WoW, the dow ended at 10850 today. WoW!

I guess we should expect to see a free fall pretty soon, with a possible crash next week??

[grooveclubhouse]

damn you were so right!! but i guess anyone with one eye and a brain could have seen it coming.

[emanxavier]

check out my views and you will know how I called the ball in advance. Gaurdian II

October is the end game. Start stocking up on everything. Update your passport etc..

Im on your side... Friend!

[jimmi144]

Where do you think the DOW will be by the end of

October? Will there be buying opportunities?

[ATOWN717]

Thanks for your vids. You stated if DOW broke 10,400.. we would see a crash oct. 5th-8th.. what do you think?

[SlyJunt]

PUG, what happens after today? Dow down almost 800 pts...

[emanxavier]

Desk dive out the window

[emanxavier]

The illuminati's plan will be complete by the 2nd week of October. The totoal collapse of the dollar. Buy Guld and get your money out of the bank now!

[arcarrjr]

quod erat demonstrandum

[aymonzzz]

patriot, great call for buying sept puts 1st and 2nd week of sept!!!

looking forward to your next call!

[Gilgamesh73]

They orchestrated the housing bubble to precipitate the fall of America's economy so they could grab more power and rob the People.

They are indeed traitors. They prevented the States from protecting the People against the housing crisis!! Watch this: watch?v=GMo7T9t0Gzk. Read this article for unequivical proof: washingtonpost. com/wp-dyn/content/article/200 8/02/13/AR2008021302783. html

[SilverWealth23]

Thanks for posting. Do you still feel this chart is accurate after the big bail out? Will you be making another video before the crash?

[johnfl46]

the bail out is a nuke to our economy.

[sxcolexs]

wow

im a noob to stock market and i idk if this is true but i heard that if all the countrys in the world cashed in there bank notes from america, america would be instaly broke

[Gilgamesh73]

I appreciate your analysis. Perhaps you can inform Don Harrold on the reality of the situation we are facing.  He says what is going on is nothing new and we have nothing to worry about.

[Noahgoy]

Respect your opinion sir, but i think you are wrong. It is not as simple as charting. Time will tell.

[patriotsundergod]

I absolutely agree with you. I use the charts to back up my fundamental analysis. I really don't think you can be a successful trader for very long with only half of the picture.

[dt250yama]

P,I have been figuring 10/8-10. The desperate financial measures confirm your calculations are right on. Somebody in GOV must have seen your video and said "We have to do something!" lol. Then the shorting yanked, who would have believed that.

They're postponing the enevitable, as meantioned in other comments, has a purpose. The choice left is to minimize the suffering of those that we can, and be self sacrifing until the Kingdom takes full control, or we die. Avoid the camps, walk out.

[aaronCapricorn]

pardon me, don't care what kind of patriot you are, but you did a good job and thanks.

if you have in financial pointers, please help us all out, thanks again.

[patriotsundergod]

Start buying gold and silver

[truthsabre7]

The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.

Milton Friedman

[jvforever72]

If Greenspan would have resisted the temptation to placate the financial markets with lower interest rates , we could have avoided this problem , they were lowered artificially , so in turn property values were raised artificially .

This created the virtual wealth effect and caused a real estate feeding frenzy that couldn't possibly be sustained . Did people really think the 3 bedroom house they paid 500,000 for was going to be worth 1 mil 5 years from now , it was madness . JV

[jvforever72]

i agree that this is merely a temporary respite from what's to come . The fed is becoming so predictable now , much like in the Greenspan days , at least he tried to warn people with his eloquently put irrational exuberance critique .

The problem was , he never backed it up with sound fiscal policy , all he did was lower interest rates in order to satisfy his elitist friends , and it also served to give people the false impression they could afford to buy a house they obviously couldn't .

[True5cience]

well i have moved to maine.

i thank you for your videos.

i am wondering why you have removed all your old videos? especailly the one with you scaring your roomate with the blowhorn, that was classic...

also oct 5-8 was your prediction correct?

[spiralof5]

Side socialism eh?That's Republican talk. The gov. had to step in but apparently the banks aren't smart enough to regulate themselves.  U realize what would happen if AIG WENT UNDER? Everyone in the whole world would be f! AIG is the big dog. I'd rather see gov. try and do something. If the market crashes, NOONE has credit. That means you can't buy a house, a car, nothing. Hope you have fun working with lead painted toys and American sweat shops contracted from China. Movin to India:P

[jhbbunch]

This bailout is supply-side-socialism.

[morgan1492]

The timing of this $500 billion bail out only reinforces that Patriot was right on the money. Have you seen Don Harrold's video today? Man he's PISSED. I con only imagine how much money he lost. It's amazing how we went from an economy that was "in a slowdown" but had "strong fundamentals" to suddenly an economy that requires A FUCKING TRILLION DOLLARS to maintain it's stability!!! And moreover we don't have any time to spare, it needs to be done right this minute in order to "ensure stability".

[txnc65]

Patriotsundergod-

Thank you for your video.

[ndell7]

LOL, good call on the market crash, ace.

Don't quit your day job.

[Commodorian]

They are basically doing everything they can possible to postpone the collapse.

[SilverWealth23]

Now with the short sellers being banned...how much longer would you say? I hate how they are delaying this, what are they waiting for? Please can we just get it over with!!!!

[kidbilly1970]

Eat your words jerk-off. Patriotsundergod was right on. Don't quit your day job, if you event have one. LOL

[Dainrock]

It's all part of the New World Order.

[jvforever72]

its a carefully designed federal takeover of major business . the government is against monopolies , but they themselves are one , they are taking control of distressed " private " ( private in the sense that they are publicly traded but run by private citizens ) companies in order to consolidate their power . they created the environment of failure in order to facilitate these " necessary " actions . JV

[True5cience]

yes. right on the money.

[aminex]

wow, good prediction for today patriot, it did rise, now tomorrow it gonna go down i presume?

[sabercool]

I think the market will rally and pick up for now. This is yet another delay of a collapse, not a solution. Taxpayers should be more pissed off right now then excited. I think it will happen right before, or soon after the election..

I actually got a headache after the markets closed today, I for one, was not ok with the "fix".

[Zwikster]

put some more lines on that graph, make it a spiderweb. The web will help brace the crash.

[bainsgate]

Doom.

[mjc1377]

PAULSON IS----------CONSIDERING

[clayton143]

So now what its at 11019 What you say now?

Do you think that since they changed the Blue Chips around, will this chart be realistic?

[mjc1377]

A report that Treasury Secretary Henry Paulson is considering the formation of an entity like the Resolution Trust Corp. that was set up during the savings and loan crisis of the late 1980s and early 1990s left investors ebullient. Investors hoped a huge federal intervention could help financial institutions jettison bad mortgage debt and stop the drain on capital that has already taken down companies including Bear Stearns Cos. and Lehman Brothers Holdings Inc.

[stud0000]

Well we had that fast move upward to 11k like you talked about. We should continue to see the markets in a downward trend from here.

[arcarrjr]

It is plainly apparent that we are in deep s***. It will take far longer for these developments to play out than a single episode of CSI. I hope you are right and that Patriot is wrong, my livlihood depends on it, but the jury hasn't even been seated. I got a bad bad feeling.

[pinkcheesegreengh0st]

Patriots thanx for the honest analysis on the

market. Do you think they will shut the markets down when we get the severe sell off ?

This dosen't seem to be a free market anymore.

You were a smart man for moving out of the us.

[SlyJunt]

Hey PUG,

Theres may be a misunderstanding out that you said the crash would be today from this video. The way I understand it is that the market will not recover from this point forward...maybe a quick cat bounce but in the end it will plummet. Although this is a near event it won't hapen today. Could you clarify?

[bnash2002]

also 180 billion injection last night and hardly any rally. unbelievable.

[bnash2002]

im watching. thanks for the update. head and shoulders pattern this morning as well.

[jamesandhoa]

Thanks for the info patriotsundergod.

[stracinsrt4]

Hey PUG, When the meltdown occurs, will it be this quick avalanching event, or are we going to see volatility on the way down?

[crunchyballs]

i'm glad i have no stocks. you cannot lose if you do not play.

[ndell7]

Katie, bar the door.

Good luck everyone and Godspeed!

[PsyogiBottoms]

lol...yeah...time to find a new market to drive, eh?

[rosannalucyamelia]

World banks, led by the US Federal Reserve, are pumping an extra $US360 billion ($450 billion) into global markets in a coordinated effort to avert a lock-up of the financial system.

[rosannalucyamelia]

BTW... that's taken from the Sydney Morning Herald... hence the ($450 billion) conversion of the US dollar amount.

[rosannalucyamelia]

Oh crap, this aint going to be pretty

[bassfishers]

You have a nice day too!

it's negative peep like you that cause our problems, your prob a shorts smeller.

Cramer??? Is that you?

[True5cience]

hes providing info, you think its negative, i think its positive we have the info in advance, he didnt create the situation.

[gunnerrat]

Wow, that was a dramatic ending to the video.

I hope you'll post a post-mortem video when it happens, maybe do a little recap how it got to that. Knowledge is power.

[DeathByMullet]

Do you suggest buying silver still?

[StMin85]

DeathByMullet NO you cant eat silver. BUY FOOD. God bless

[cowboycarl04]

food, guns and ammo, silver and gold... in that order

[DeathByMullet]

Do you have any oppinion on puts this month?

[khattamshud]

fuckin SWEET

[annak062]

this is so scary.

my stepdad lost 3 million dollars today :(

[morgan1492]

Boohoo, I never had 3 million...

[masn1978]

Wow

[famasdan]

so he use to be rich huh lol

[morgan1492]

Are you saying that you expect the market to completely crash tomorrow?

[thaxcutioner]

wow and i thought we reached the bottom. well should we sell then for those of us who have held on for the past couple of days?

[visionvictory]

Thx Patriot ;)

[endlessmountain]

Watching the market crash will be quite entertaining and profitable

[scottytrump123456789]

so how far down do you think?