DanM wrote:
30,000 on October 12. Trump wins a 2nd term 3 weeks later.
That is Columbus Day AND my late mother's birthday. I will take that!
DanM wrote:
30,000 on October 12. Trump wins a 2nd term 3 weeks later.
That is Columbus Day AND my late mother's birthday. I will take that!
Klondike5 wrote:
Down to 14,850 from a peak of 15,700 I believe.
Maybe 5%
What's the bottom?
I am betting sub 13,000
Kind of amazing in light of the original post that we could see the teens again.
I’m kind of disappointed that we haven’t singled out villains yet, as we did in subprime. Powell’s such a weakling, he’s hard to hate. Mnuchin, otoh... All the Goldmanites, starting with Kashkari from back in subprime. Drumpf, of course. Kudlow, Cramer 2.0! What a cast of morons at CNBC, and like the presidency itself, the stupidest rise to the highest level. How about that tarrd Liesman, how he started sucking up to the admin when Kudlow was promoted.
I thank them all for this opportunity. Makes me wish I was into shorting.
“This is not a financial crisis.” It is now.
IMO there is a level from which we will not easily extract ourselves, and they are trying to hold it off through QE, saving some market participants. Problem is most people aren’t market participants, and they will feel the brunt.
Behold the RUT, down massively.
Insanely glad I sold that damn b&h, still made money on it. Had I held it through today, I would be self-flagellating.
Damn if futures didn't just turn positive. I don't believe my eyes.
DanM wrote:
30,000 on October 12. Trump wins a 2nd term 3 weeks later.
If that happens I’ll vote for Trump
Ghost of Igloi wrote:
Nikkei -9.27%, Kospi -6.44%, ASX -7.67%, Topix -8.67%,
ASX + 4.42!
Futures now in the green.
Watching...
nestling up to +4%.......
Europe stocks up!
What is the best way to get a ton of cash fast with the best odds of making a profit? Credit card arbitrage using 0% APR cards? Personal loan from a bank? If the market is down 30+ percent, I am willing to take the risk on a 5% personal loan...
Maserati wrote:
Giles Corey wrote:
[quote]Maserati wrote:
Only those who just began investing 3 weeks ago, and who bought only US equities, have experienced that loss. And even at that, they have not necessarily realized any of that loss.
That's not true.
The market is back where it was 2.5 years ago,
The Dow was 29,500, 2.5 years ago??
The Dow Jones is 21,200 at close 3/13.
What does 29,500 have to do with anything?
The S+P 500 is 2480...which is where it was in July of 2017. Which is more than 2.5 years ago.
Do you really need this stuff explained to you?
Giles Corey wrote:
Maserati wrote:
The Dow was 29,500, 2.5 years ago??
The Dow Jones is 21,200 at close 3/13.
What does 29,500 have to do with anything?
The S+P 500 is 2480...which is where it was in July of 2017. Which is more than 2.5 years ago.
Do you really need this stuff explained to you?
Anyone can cherrypick numbers to say the market hasn't moved any in years. That is dishonest at best though. The market has gone up about 9% annually on average with significant volatility mixed in... Sure, you can compare the HIGH from a couple years ago with the current LOW to say it hasn't moved, but that's a pretty silly way to look at things unless you're someone who perfectly buys at peaks and sells at bottoms. For everyone else, the market is one of the best investments there is, and arguing over such things is a waste of time and nonsense. Don't know why it keeps going and going on here. Anyone who has employed B&H for any significant period of time knows how well that strategy works.
Gonna sell my silver wrote:
Giles Corey wrote:
The Dow Jones is 21,200 at close 3/13.
What does 29,500 have to do with anything?
The S+P 500 is 2480...which is where it was in July of 2017. Which is more than 2.5 years ago.
Do you really need this stuff explained to you?
Anyone can cherrypick numbers to say the market hasn't moved any in years. .
Must be your first day here. Welcome!
Gonna sell my silver wrote:
Giles Corey wrote:
The Dow Jones is 21,200 at close 3/13.
What does 29,500 have to do with anything?
The S+P 500 is 2480...which is where it was in July of 2017. Which is more than 2.5 years ago.
Do you really need this stuff explained to you?
Anyone can cherrypick numbers to say the market hasn't moved any in years. That is dishonest at best though. The market has gone up about 9% annually on average with significant volatility mixed in... Sure, you can compare the HIGH from a couple years ago with the current LOW to say it hasn't moved, but that's a pretty silly way to look at things unless you're someone who perfectly buys at peaks and sells at bottoms. For everyone else, the market is one of the best investments there is, and arguing over such things is a waste of time and nonsense. Don't know why it keeps going and going on here. Anyone who has employed B&H for any significant period of time knows how well that strategy works.
Simple factual statement. The market is where it was 2.5 years ago. Period. No made up numbers like 29,500 Dow or spin like this is cherry picking changes that simple fact.
Would be cool to get a 7% freeze on futures on the upside this morning. Just for symmetry’s sake.
Beside normal bargain hunting, I think the low daily death numbers are starting to reassure people.
https://twitter.com/NorthmanTrader/status/1238383631212691457Maserati wrote:
Klondike5 wrote:
Down to 14,850 from a peak of 15,700 I believe.
Maybe 5%
What's the bottom?
I am betting sub 13,000
I’m kind of disappointed that we haven’t singled out villains yet, as we did in subprime. Powell’s such a weakling, he’s hard to hate. Mnuchin, otoh... All the Goldmanites, starting with Kashkari from back in subprime. Drumpf, of course. Kudlow, Cramer 2.0! What a cast of morons at CNBC, and like the presidency itself, the stupidest rise to the highest level. How about that tarrd Liesman, how he started sucking up to the admin when Kudlow was promoted.
I thank them all for this opportunity. Makes me wish I was into shorting.
“This is not a financial crisis.” It is now.