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Old 06-13-2022, 02:23 AM   #4186
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Looks like everyone is going to wake up to a BIG gap down later this morning...haven't seen a QUALITY gap in a while...DOW futures are down 500pts or thereabouts at the moment
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Old 06-13-2022, 02:44 AM   #4187
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26,000 gone now for the Bitcoin...and continues to drop real fast.

the only ones that buy US Treasury's is the Fed. and i think that they will be buying again at some point. so now it looks like the S+P is finally going to break that 3800 mark and head down to 3500. that 3500 is going to be my complete downside target for the time being. its going to take at least 4 years to knock down the S+P to where it needs to be. what i am saying is to expect an upward rally once the S+P falls to the 3500 level that should bring it back to over 3800, from there we could continue the long and torturous downward trend into the 2010 numbers.
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Old 06-13-2022, 02:56 AM   #4188
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Barnes and Noble

BNED keeps on tanking, yet the CEO keeps on buying, doubling and tripling up on his already underwater positions. does he know something more than us?
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Old 06-13-2022, 05:03 AM   #4189
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Tried sleeping...can't...S&P futures down 100...right around 3800...oh boy

Asia and Europe tanking...
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Old 06-13-2022, 05:51 AM   #4190
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it looks like the circuit breakers are coming into play today or this week, probably today.. be careful if you are trading based on them happening, you can get burned while the markets are halted.

the S+P looks like its headed to about 3500 on this leg down. the ultimate bottom will not occur for at least 4 more years of this.no doubt in my mind, we are going for the 2010 lows, then the 2007 lows and most likely the 2000 lows and maybe even lower from there. but you can only take things 1 step at a time, just know your parameters ahead of time and be able to switch course in 3 seconds flat if you have to.
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Old 06-13-2022, 06:04 AM   #4191
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25,000 now gone on the Bitcoin.. Warren Buffet calls cryptocurrencies rat poison on steroids. i agree.. i love that line as well, very original..

the good news is that the Yankees just smoke everyone this year..Yankees are 12 games ahead of the Red Sox.
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Old 06-13-2022, 06:13 AM   #4192
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$200B wiped out of the crypto market over the weekend....
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Old 06-13-2022, 06:40 AM   #4193
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Quote:
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$200B wiped out of the crypto market over the weekend....
much more to follow
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Old 06-13-2022, 08:25 AM   #4194
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Bitcoin 24,000 and regained it, gold down 20.00
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Old 06-13-2022, 08:36 AM   #4195
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Quote:
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25,000 now gone on the Bitcoin.. Warren Buffet calls cryptocurrencies rat poison on steroids. i agree.. i love that line as well, very original..

the good news is that the Yankees just smoke everyone this year..Yankees are 12 games ahead of the Red Sox.

The Yankees had an easy schedule , so far....

These next 13 games will determine their faith....

9-4 or better will make it smooth sailing till end of year...


I'm worried about the Mets....

There's a freight train coming up on them....Braves

De ja vu 2021.....?????

Last edited by geroge.burns99; 06-13-2022 at 08:39 AM.
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Old 06-13-2022, 09:59 AM   #4196
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Originally Posted by geroge.burns99 View Post
The Yankees had an easy schedule , so far....

These next 13 games will determine their faith....

9-4 or better will make it smooth sailing till end of year...


I'm worried about the Mets....

There's a freight train coming up on them....Braves

De ja vu 2021.....?????
I don't care about the Mets, i am a Yankee guy, and a big Celtic fan.. we are in big trouble tonight in a must win game.
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Old 06-13-2022, 10:28 AM   #4197
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Reality looks to have finally entered the building.
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Old 06-13-2022, 10:29 AM   #4198
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VIX is finally over 30...who knew...
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Old 06-13-2022, 10:57 AM   #4199
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Scary thing is we still need downward earnings revisions, housing market and unemployment to start chiming in.

We could be just at the tip of the iceberg here
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Old 06-13-2022, 11:05 AM   #4200
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only 80 more points and I think we trigger a circuit breaker...
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