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03-17-2020, 01:40 AM
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#1636
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Veteran
Join Date: Sep 2003
Location: NEW YORK CITY
Posts: 3,670
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Some towns here now have curfews.....
what does that really do but scare people even more
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03-17-2020, 03:41 AM
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#1637
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,813
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Well, whaddya know...futures are lock limit UP instead of down for a change...that's right...futures have circuit breakers during non-regular trading hours for big UP as well as big down moves....time for bed.
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03-17-2020, 05:19 AM
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#1638
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,820
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Quote:
Originally Posted by PaceAdvantage
Well, whaddya know...futures are lock limit UP instead of down for a change...that's right...futures have circuit breakers during non-regular trading hours for big UP as well as big down moves....time for bed.
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anyone that could have predicted limit up today is a better man than i
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03-17-2020, 06:15 AM
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#1639
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Registered User
Join Date: Jul 2003
Location: central fla.
Posts: 4,874
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Well I'll predict a kitten bounce...at best for today...thinking it will end up down...
Closing of public gatherings and now curfews....sheer STUPIDITY.....not really....but that's not for debate in this forum...there is an ulterior motive....
__________________
got handed a lemon...make lemonade....add sugar or brown sugar or stevia or my personal favorite....miracle fruit....google it...thank me later...
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03-17-2020, 08:37 PM
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#1640
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Registered User
Join Date: Jul 2003
Location: central fla.
Posts: 4,874
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Quote:
Originally Posted by sammy the sage
Well I'll predict a kitten bounce...at best for today...thinking it will end up down...
Closing of public gatherings and now curfews....sheer STUPIDITY.....not really....but that's not for debate in this forum...there is an ulterior motive....
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Well I was dead nuts wrong for a day anyways....no way to time anything anyways...
People aren't going to take and put that stimulus money in the market tho...it'll be toilet paper or cigarettes or booze or pot...
Long term....this is so dangerous....
__________________
got handed a lemon...make lemonade....add sugar or brown sugar or stevia or my personal favorite....miracle fruit....google it...thank me later...
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03-17-2020, 10:06 PM
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#1641
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Registered User
Join Date: Apr 2014
Posts: 1,755
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So much for today’s rally. Dow futures down 575. S&P 70
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03-17-2020, 10:31 PM
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#1642
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Buckle Up
Join Date: Apr 2014
Posts: 10,614
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Quote:
Originally Posted by Secondbest
So much for today’s rally. Dow futures down 575. S&P 70
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I'm certain this doesn't surprise you at all...
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03-17-2020, 11:17 PM
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#1643
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,813
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If anybody listened and bailed around 2800, don't touch this market again with a 10-foot pole. There is no telling how low it will go and there will be NO appreciable "V" shaped recovery or quick snapback.
We're digging ourselves the deepest hole we've ever seen, and yet people just want to dig even deeper...have to get away from that virus!!!
Forget about the failed businesses and the massive amounts of unemployed people the longer this goes on...
What about what the gov't is doing in terms of monetary policy? What kind of hole are they digging?? They were in a giant hole before.
No way this doesn't take 10 to 20+ years to fix in the end...
I think everybody will know when we hit bottom in the market this time around. There will be no mistaking it. We're not even close...UNLESS there is a major turnaround in current policy, which will never happen.
I hope I'm wrong, but I know I'm not.
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03-18-2020, 12:17 AM
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#1644
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Registered User
Join Date: Jan 2006
Posts: 28,588
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Quote:
Originally Posted by PaceAdvantage
If anybody listened and bailed around 2800, don't touch this market again with a 10-foot pole. There is no telling how low it will go and there will be NO appreciable "V" shaped recovery or quick snapback.
We're digging ourselves the deepest hole we've ever seen, and yet people just want to dig even deeper...have to get away from that virus!!!
Forget about the failed businesses and the massive amounts of unemployed people the longer this goes on...
What about what the gov't is doing in terms of monetary policy? What kind of hole are they digging?? They were in a giant hole before.
No way this doesn't take 10 to 20+ years to fix in the end...
I think everybody will know when we hit bottom in the market this time around. There will be no mistaking it. We're not even close...UNLESS there is a major turnaround in current policy, which will never happen.
I hope I'm wrong, but I know I'm not.
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No wonder the Democrats want nothing to do with winning the upcoming presidential election. It's becoming clear now...
__________________
"Theory is knowledge that doesn't work. Practice is when everything works and you don't know why."
-- Hermann Hesse
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03-18-2020, 02:46 AM
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#1645
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Registered User
Join Date: May 2011
Posts: 22,698
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the market is like a bouncing ball, going down a hill
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03-18-2020, 05:20 AM
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#1646
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,820
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Quote:
Originally Posted by PaceAdvantage
If anybody listened and bailed around 2800, don't touch this market again with a 10-foot pole. There is no telling how low it will go and there will be NO appreciable "V" shaped recovery or quick snapback.
We're digging ourselves the deepest hole we've ever seen, and yet people just want to dig even deeper...have to get away from that virus!!!
Forget about the failed businesses and the massive amounts of unemployed people the longer this goes on...
What about what the gov't is doing in terms of monetary policy? What kind of hole are they digging?? They were in a giant hole before.
No way this doesn't take 10 to 20+ years to fix in the end...
I think everybody will know when we hit bottom in the market this time around. There will be no mistaking it. We're not even close...UNLESS there is a major turnaround in current policy, which will never happen.
I hope I'm wrong, but I know I'm not.
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there will be a decent bounce around S+P 2000. the amount of that bounce will give us a pretty decent clue as to how much more this thing will fall. the one thing for sure is that we are at the end of the 40 year bull market in treasury bonds.
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03-18-2020, 05:35 AM
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#1647
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,820
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almost 4 years ago i thought the Trump was the perfect guy to preside over the worlds largest bankruptcy. he has had plenty of experience, now i suspect he is finally going to get his chance.
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03-18-2020, 10:19 AM
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#1648
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Registered User
Join Date: May 2010
Posts: 5,005
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03-18-2020, 10:45 AM
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#1649
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,820
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Quote:
Originally Posted by Ocala Mike
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this place was going bad before Trump got in, he just helped it get here faster. to give him some credit, he lowered the unemployment rate down to 3.5%. now it looks like that rate is going up to 35%.
as i said before, this place was going bad before he got in, he has just accelerated the process with a small chance of digging us out of our problems.
for a while, his ideas looked like they had some type of chance of working. at least he went to the plate swinging away.
with Trumps personal assets, he must be close to broke or worse by now.
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03-18-2020, 10:55 AM
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#1650
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Registered Loser
Join Date: Apr 2002
Posts: 2,633
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Quote:
Originally Posted by lamboguy
With Trumps personal assets, he must be close to broke or worse by now.
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Which is probably why his tone towards the problem has changed from it being "a hoax" , to it being a"National Emergency".
Not knocking the man for it. It's the way everybody reacts ," all is well until it affects me."
Last edited by jk3521; 03-18-2020 at 10:58 AM.
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