Black Friday?

[oyarde]

you ain't seen nothin yet.

Are you expecting a 30k Dow ?

[Krugminator2]

Think SPY at 276 goes up solidly by next monday from here

This time in the markets is unprecedented. More fear than 2008. Highly doubt things are this bad.

[Krugminator2]

Think combination of Fed cuts in US and around the world and Trump will bring out bazooka with fiscal stimulus seems like this fear has to be overdone. Never seen anything close to this.

[devil21]

Think SPY at 276 goes up solidly by next monday from here

This time in the markets is unprecedented. More fear than 2008. Highly doubt things are this bad.

Markets are forward-looking. Is it "bad" right now? Not really but there are signs of a drop-off underway. How will the economy look in 2-3 months? How will earnings season look? Whether the virus is a real threat to society or not is mostly irrelevant. The fear being generated by media and .gov are making for a self-fulfilling prophecy.

[RonZeplin]

Oil Wars Combines with Covid-19 and Creates Wrecking Ball

[Warlord]

Dow DOWN 1400 points.

WOW!

It's not even Friday yet.

[Krugminator2]

VIX is super complacent right now. Held at 52-54 for hours. Probably need to spike into 60s for the bottom today. so probably another few percent down.

[Brian4Liberty]

Dow DOWN 1400 points.

WOW!

It's not even Friday yet.

Black Hump Day.

[oyarde]

We are currently at the full 20 percent correction from the high a few weeks ago .

[Brian4Liberty]

Apparently all kinds of margin calls happening. People need to raise cash, so they sell bonds and gold. 10 year Treasury yield inches up...

[Voluntarist]

Per registered decision, member has been banned for violating community standards as interpreted by TheTexan (respect his authoritah) as authorized by Brian4Liberty Ruling

May God have mercy on his atheist, police-hating, non-voting, anarchist soul.

[Warlord]

Apparently all kinds of margin calls happening. People need to raise cash, so they sell bonds and gold. 10 year Treasury yield inches up...

Gold getting hammered again. What's going on? @devil21 needs to check in!

Last week it also sold off then rallied strongly.

[Voluntarist]

Per registered decision, member has been banned for violating community standards as interpreted by TheTexan (respect his authoritah) as authorized by Brian4Liberty Ruling

May God have mercy on his atheist, police-hating, non-voting, anarchist soul.

[TheTexan]

@TheTexan ... What's with all these people voting (with their wallets) against America?

... Well, maybe it's not really voting. It's not like they got an official "I Voted" sticker or anything.

Exactly, you answered your own question. It's not voting unless you get a sticker.

That said, America-hating commies will buy just about anything. A Great American buys American.

[RonZeplin]

Gold getting hammered again. What's going on? @devil21 needs to check in!

Last week it also sold off then rallied strongly.

Plunge Protection Team, aka President's Working Group on Financial Markets.

Buy as much PM's as you can now, the price in fiat dollars will skyrocket soon. IOW, yo cash ain't nothing but trash.

[Warlord]

Plunge Protection Team, aka President's Working Group on Financial Markets.

Buy as much PM's as you can now, the price in fiat dollars will skyrocket soon. IOW, yo cash ain't nothing but trash.

Buying as much as I can afford when paid. I buy 0.25 ounce Krugerrand's. Decent premium and easily traded when SHTF!

[Krugminator2]

Not going to lie this was the worst few weeks financially of my life. Lost a staggering amount on casinos, cruise ships and shorting the VIX. I nailed shorting treasuries and caught the market bounces but not even close to the losses on the other three. That said, trying to be as objective as I can be. I think the market has a historic rally. The breadth indexes I look at are either the lowest in history or second lowest.

$NYMO has had four of its lowest 15 readings in history in a two week stretch. Nothing close has happened. $NYAD is the lowest in history. I look at the bullish percent index and financials are at the same low level as when Lehman Brothers fell. The Fed has upped their repos substantially. They are likely to go big on the next cut. I think Trump will sell positive BS on TV tonight and promise the world. The VIX has held very high levels for an extended period of time. The pattern of big down day, big up day, big down day tends to be pretty bullish. This is the fastest 20 percent correction in history and you still have a zillion people who think it will go down another 10%.

There are just so many indicators right now that scream bullish. The dumb money index that Sentimentrader puts out is the most bearish ever and smart money is very bullish. Tons of gap downs clustered tends to indicate excessive fear. The last 7 Fridays have been down which tends to mark bottoms because people are scared of event risk to hold over the weekend. Two days ago was one of the worst days in market history. Those usually mark bottoms or a slight residual bottom before sharp rally.

Gut feel is the World Health Organization calling this a pandemic marks this as a low.

[Madison320]

Not going to lie this was the worst few weeks financially of my life. Lost a staggering amount on casinos, cruise ships and shorting the VIX. I nailed shorting treasuries and caught the market bounces but not even close to the losses on the other three. That said, trying to be as objective as I can be. I think the market has a historic rally. The breadth indexes I look at are either the lowest in history or second lowest.

$NYMO has had four of its lowest 15 readings in history in a two week stretch. Nothing close has happened. $NYAD is the lowest in history. I look at the bullish percent index and financials are at the same low level as when Lehman Brothers fell. The Fed has upped their repos substantially. They are likely to go big on the next cut. I think Trump will sell positive BS on TV tonight and promise the world. The VIX has held very high levels for an extended period of time. The pattern of big down day, big up day, big down day tends to be pretty bullish. This is the fastest 20 percent correction in history and you still have a zillion people who think it will go down another 10%.

There are just so many indicators right now that scream bullish. The dumb money index that Sentimentrader puts out is the most bearish ever and smart money is very bullish. Tons of gap downs clustered tends to indicate excessive fear. The last 7 Fridays have been down which tends to mark bottoms because people are scared of event risk to hold over the weekend. Two days ago was one of the worst days in market history. Those usually mark bottoms or a slight residual bottom before sharp rally.

Gut feel is the World Health Organization calling this a pandemic marks this as a low.

I'm getting hammered as well. I'm beating the average but not by much.

[Warlord]

I have gold and cash only...

[Warlord]

I'm predicting this Friday will indeed be a black one...

[devil21]

Not going to lie this was the worst few weeks financially of my life. Lost a staggering amount on casinos, cruise ships and shorting the VIX. I nailed shorting treasuries and caught the market bounces but not even close to the losses on the other three. That said, trying to be as objective as I can be. I think the market has a historic rally. The breadth indexes I look at are either the lowest in history or second lowest.

$NYMO has had four of its lowest 15 readings in history in a two week stretch. Nothing close has happened. $NYAD is the lowest in history. I look at the bullish percent index and financials are at the same low level as when Lehman Brothers fell. The Fed has upped their repos substantially. They are likely to go big on the next cut. I think Trump will sell positive BS on TV tonight and promise the world. The VIX has held very high levels for an extended period of time. The pattern of big down day, big up day, big down day tends to be pretty bullish. This is the fastest 20 percent correction in history and you still have a zillion people who think it will go down another 10%.

There are just so many indicators right now that scream bullish. The dumb money index that Sentimentrader puts out is the most bearish ever and smart money is very bullish. Tons of gap downs clustered tends to indicate excessive fear. The last 7 Fridays have been down which tends to mark bottoms because people are scared of event risk to hold over the weekend. Two days ago was one of the worst days in market history. Those usually mark bottoms or a slight residual bottom before sharp rally.

Gut feel is the World Health Organization calling this a pandemic marks this as a low.

This post will not age well imo.

[devil21]

I'm predicting this Friday will indeed be a black one...

Friday the 13th. Knights Templar.

Number 23 is ALL OVER THE PLACE last couple days. Probably pointing to 3/23, the Monday after Jesuit Skull and Bones favorite day of the year 3/22.

[Warlord]

Friday the 13th. Knights Templar.

Number 23 is ALL OVER THE PLACE last couple days. Probably pointing to 3/23, the Monday after Jesuit Skull and Bones favorite day of the year 3/22.

That is scaring me....

The markets are basically crashing and Donald is floundering. I can't see him winning an election any itime soon. The corporatist Democrats will be back in town. Comey, Clapper, McCabe and the whole crew. God help us.

[Krugminator2]

This post will not age well imo.

It didn't age well 30 minutes after I wrote it. The market was down 8% from where I typed it when you wrote your post.

Still think market has a monster 10% rally but I've been wrong about a lot with this move.

[devil21]

That is scaring me....

The markets are basically crashing and Donald is floundering. I can't see him winning an election any itime soon. The corporatist Democrats will be back in town. Comey, Clapper, McCabe and the whole crew. God help us.

Expanding a bit: Friday the 13th was when the Knights Templar were excommunicated, ordered rounded up by the Pope and all their wealth confiscated. A short time later the 23rd and last (official) Grand Master Jacques deMolay was burned at the stake. That's the origin of where the bad luck of number 13 and Friday the 13th comes from. 23 Entire modern banking system is based on the Templar's original trust and credit system. Who did the Templars worship as God? BAPHOMET

Oh and "Ides of March" is Sunday 15th, when Caesar was stabbed in the back by his own Senate. hmm....

from wiki:

The Ides of March was a day in the Roman calendar that corresponds to 15 March. It was marked by several religious observances and was notable for the Romans as a deadline for settling debts.

[devil21]

It didn't age well 30 minutes after I wrote it. The market was down 8% from where I typed it when you wrote your post.

Still think market has a monster 10% rally but I've been wrong about a lot with this move.

The only thing that will spur a monster rally is a vaccine discovery announcement. That will come at some point. Whether one decides to take said vaccine is.....

[RonZeplin]

Longest bull market in history officially ends - Ep 545

Off-Quality American Silver Eagles (Random Date)

$17.60
Out of stock

Sold out of ASE's.

[dannno]

Biden is going to win



Longest bull market in history officially ends - Ep 545

Sold out of ASE's.

No, he's not.

[RonZeplin]

No, he's not.

So sad, Donnell is a big fat authoritarian Socialist loser like his next door neighbor Bernie.

[devil21]

Go look at all of the Dow 4pm closing numbers.

https://www.cnbc.com/

Do I really need to write it?

------------------------------------------------


Rumors floating around the net that commercial lending is about to freeze up entirely, as major corps are raiding their credit lines for cash, presumably to maintain enough capital to service existing debts. Taking more debt to service other debt is always a wise business move and surely will end well.