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-   -   Stock Market Prediction (http://www.paceadvantage.com/forum/showthread.php?t=133768)

barahona44 03-18-2020 11:57 AM

Two weeks ago, I would have said no, but I'm thinking that the stock market should close for awhile.Every rumor is bringing the market down 4 to 10 percent.Since this market is being caused by a situation that is not under control yet, maybe it shold shut down until we get a better handle on it.

lamboguy 03-18-2020 11:59 AM

we are in the process of privatizing the profits and socializing the losses from our great company's that only fleeced us out of as much money as they could get their hands on, now its bailout time in dixieland!

PaceAdvantage 03-18-2020 12:06 PM

Quote:

Originally Posted by barahona44 (Post 2575148)
Two weeks ago, I would have said no, but I'm thinking that the stock market should close for awhile.Every rumor is bringing the market down 4 to 10 percent.Since this market is being caused by a situation that is not under control yet, maybe it shold shut down until we get a better handle on it.

There's no reason to close the market while every other market around the world stays open.

This would send a terrible message. Even worse then the ones being sent now.

PaceAdvantage 03-18-2020 02:02 PM

S&P now halted for 15min...hit the first limit down point of the day:

2352.14 -7%

next lock limit down is at 2200.39 -13%

Where's that funny image Alton posted about my call to get out the first time S&P closed below 2800?

PaceAdvantage 03-18-2020 02:06 PM

VIX @ 79...wow

lamboguy 03-18-2020 02:07 PM

$22 gone for oil

there is a tiny bit of support around S+P 2150, that looks to me that it will crack easily now. Dow headed for 15,000.

dollar up like i've never seen, after this is over it will go to hell. that is the really scary part of this whole mess.

PaceAdvantage 03-18-2020 02:08 PM


lamboguy 03-18-2020 02:36 PM

all the positive S+P points during Trump are now gone, Obama points to follow.

lamboguy 03-18-2020 03:01 PM

$21 now gone for oil, soon to become a teenager.

lamboguy 03-18-2020 03:27 PM

dow 19,000 history

sammy the sage 03-18-2020 09:12 PM

Well I was right...just timing wrong...by a day...:pound:....now what...wtf knows...but the short term future is bleak indeed...glad I abandoned ship moons ago...

Ocala Mike 03-18-2020 09:29 PM

Still waiting for the capitulation with huge volume. When it comes, the explosion to the upside will be long and loud. Might be after the election.

PaceAdvantage 03-18-2020 09:31 PM

Quote:

Originally Posted by Ocala Mike (Post 2575400)
When it comes, the explosion to the upside will be long and loud.

What possible reason could there be for an explosion to the upside, long and loud?

The ramifications of what is going on right now are absolutely game changing.

You don't fix massive unemployment, business failures, more quantitative easing and huge gov't payouts anytime soon.

There will be no V bottom.

But there was a ^ top, that's for sure.

I predict a sideways market for years and years after this is all said and done.

They do happen...

Tape Reader 03-18-2020 10:19 PM

I'm going with Ocala Mike, but not, no where near election time.

Ocala Mike 03-19-2020 01:34 AM

Quote:

Originally Posted by PaceAdvantage (Post 2575404)

What possible reason could there be for an explosion to the upside, long and loud?


The development of effective treatments for the bug and a vaccine for it. America will be great again when we conquer this and get back to work.


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