Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board

Go Back   Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board > Off Topic > Off Topic - Trading The Financial Markets


Reply
 
Thread Tools Rating: Thread Rating: 8 votes, 4.00 average.
Old 03-18-2020, 10:57 AM   #1651
barahona44
Registered User
 
Join Date: Mar 2015
Location: Diez meses en Port St. Lucie, FL; two months in the Dominican Republic
Posts: 4,355
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.
__________________
"But don't ask me what I think of you, I might not give the answer that you want me to. "

Fleetwood Mac, Oh Well, Part 1 (1969)
barahona44 is offline   Reply With Quote Reply
Old 03-18-2020, 10:59 AM   #1652
lamboguy
Registered User
 
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 21,165
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!
lamboguy is offline   Reply With Quote Reply
Old 03-18-2020, 11:06 AM   #1653
PaceAdvantage
PA Steward
 
PaceAdvantage's Avatar
 
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 70,280
Quote:
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.
__________________
@paceadvantage | Support the site and become a today!
PaceAdvantage is offline   Reply With Quote Reply
Old 03-18-2020, 01:02 PM   #1654
PaceAdvantage
PA Steward
 
PaceAdvantage's Avatar
 
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 70,280
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 | Support the site and become a today!
PaceAdvantage is offline   Reply With Quote Reply
Old 03-18-2020, 01:06 PM   #1655
PaceAdvantage
PA Steward
 
PaceAdvantage's Avatar
 
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 70,280
VIX @ 79...wow
__________________
@paceadvantage | Support the site and become a today!
PaceAdvantage is offline   Reply With Quote Reply
Old 03-18-2020, 01:07 PM   #1656
lamboguy
Registered User
 
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 21,165
$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.
lamboguy is offline   Reply With Quote Reply
Old 03-18-2020, 01:08 PM   #1657
PaceAdvantage
PA Steward
 
PaceAdvantage's Avatar
 
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 70,280


Never fails
__________________
@paceadvantage | Support the site and become a today!
PaceAdvantage is offline   Reply With Quote Reply
Old 03-18-2020, 01:36 PM   #1658
lamboguy
Registered User
 
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 21,165
all the positive S+P points during Trump are now gone, Obama points to follow.
lamboguy is offline   Reply With Quote Reply
Old 03-18-2020, 02:01 PM   #1659
lamboguy
Registered User
 
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 21,165
$21 now gone for oil, soon to become a teenager.
lamboguy is offline   Reply With Quote Reply
Old 03-18-2020, 02:27 PM   #1660
lamboguy
Registered User
 
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 21,165
dow 19,000 history
lamboguy is offline   Reply With Quote Reply
Old 03-18-2020, 08:12 PM   #1661
sammy the sage
Registered User
 
Join Date: Jul 2003
Location: central fla.
Posts: 4,874
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...
__________________
got handed a lemon...make lemonade....add sugar or brown sugar or stevia or my personal favorite....miracle fruit....google it...thank me later...
sammy the sage is offline   Reply With Quote Reply
Old 03-18-2020, 08:29 PM   #1662
Ocala Mike
Registered User
 
Ocala Mike's Avatar
 
Join Date: May 2010
Posts: 5,005
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.
Ocala Mike is offline   Reply With Quote Reply
Old 03-18-2020, 08:31 PM   #1663
PaceAdvantage
PA Steward
 
PaceAdvantage's Avatar
 
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 70,280
Quote:
Originally Posted by Ocala Mike View Post
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...
__________________
@paceadvantage | Support the site and become a today!

Last edited by PaceAdvantage; 03-18-2020 at 08:34 PM.
PaceAdvantage is offline   Reply With Quote Reply
Old 03-18-2020, 09:19 PM   #1664
Tape Reader
Registered User
 
Join Date: Jan 2007
Posts: 1,052
I'm going with Ocala Mike, but not, no where near election time.
Tape Reader is offline   Reply With Quote Reply
Old 03-19-2020, 12:34 AM   #1665
Ocala Mike
Registered User
 
Ocala Mike's Avatar
 
Join Date: May 2010
Posts: 5,005
Quote:
Originally Posted by PaceAdvantage View Post

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.
Ocala Mike is offline   Reply With Quote Reply
Reply




Thread Tools
Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

» Advertisement
» Current Polls
How would 12 mins between races effect your play?
Like to see it, Would probably bet more - 25.30%
21 Votes
Like it, Would bet the same - 36.14%
30 Votes
Like it, Would bet less - 2.41%
2 Votes
Wouldn't like it. - 36.14%
30 Votes
Total Votes: 83
This poll is closed.
Powered by vBadvanced CMPS v3.2.3

All times are GMT -4. The time now is 06:34 AM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2021, vBulletin Solutions, Inc.
Copyright 1999 - 2021 -- PaceAdvantage.Com -- All Rights Reserved
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program
designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.