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Old 03-18-2020, 10:57 AM   #1651
barahona44
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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.
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Old 03-18-2020, 10:59 AM   #1652
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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!
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Old 03-18-2020, 11:06 AM   #1653
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Originally Posted by barahona44 View Post
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.
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Old 03-18-2020, 01:02 PM   #1654
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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?
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Old 03-18-2020, 01:06 PM   #1655
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VIX @ 79...wow
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Old 03-18-2020, 01:07 PM   #1656
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$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.
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Old 03-18-2020, 01:08 PM   #1657
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Old 03-18-2020, 01:36 PM   #1658
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all the positive S+P points during Trump are now gone, Obama points to follow.
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Old 03-18-2020, 02:01 PM   #1659
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$21 now gone for oil, soon to become a teenager.
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Old 03-18-2020, 02:27 PM   #1660
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dow 19,000 history
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Old 03-18-2020, 08:12 PM   #1661
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Well I was right...just timing wrong...by a day.......now what...wtf knows...but the short term future is bleak indeed...glad I abandoned ship moons ago...
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Old 03-18-2020, 08:29 PM   #1662
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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.
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Old 03-18-2020, 08:31 PM   #1663
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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...
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Old 03-18-2020, 09:19 PM   #1664
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I'm going with Ocala Mike, but not, no where near election time.
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Old 03-19-2020, 12:34 AM   #1665
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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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