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  1. #51
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    wrong thread
    Last edited by mudcrab; 05-02-2018 at 01:39 AM.

  2. #52
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    Futures are down, so we'll likely see a lower opening on Monday.

  3. #53
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    But a weekly high by close of play friday?

  4. #54
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    Quote Originally Posted by OhOh View Post
    But a weekly high by close of play friday?
    I would not doubt it.

    666 points on 40 stocks in the DJIA don't mean sh*t. It's the percentage that matters.

    I'm not into the "Sky is falling" but believe in cycles. Well....cycles are a fact.

  5. #55
    Thailand Expat cyrille's Avatar
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    Quote Originally Posted by Grampa View Post
    cycles are a fact.
    Indeed...and yet for years you've been fooling yourself that you're somehow prescient in starting threads predicting them...at some unstated point in the future.

    'The sky is falling' would at least be a thread with a point.p

    Doubtless you'll bump this thread at some point with a new nic. and make it seem you're Nostradamus.

  6. #56
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    Just some fluctuations. The media can babble about it and the neo-phytes and go "oh dear."


    Dow plunges 1,600 points at lows, marks worst intraday point drop in history, on computer-driven selling


    By Mark DeCambre
    Published: Feb 5, 2018

    The Dow Jones Industrial Average fell nearly 1,600 points at its lows on Monday, after a period of selling accelerated sharply heading into the close of the session. Amplifying the slump was computer-programmed trade set to dump shares at certain levels.

    According to traders, the Dow
    DJIA, -4.60% was set to trigger trades once it fell below 25,000 and 24,000, for example, and 2,700 for the S&P 500SPX, -4.10% The S&P 500 finished the session off 113 points, or 3.9% at 2,648, the Nasdaq Composite Index COMP, -3.78% ended down 273 points, or 3.8%, at 6.967. The Dow, meanwhile, shed as much as 1,597 points at its low, and closed out the session 1,175 points, or 4.6%, down at 24,345.


    https://www.marketwatch.com/story/dow-suffers-1500-point-collapse-as-computer-driven-selling-amplifies-rout-2018-02-05


  7. #57
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    *Pop*

  8. #58
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    Fuck it, I'm betting on a correction and rebound and buying!












    Hi Smeg!

  9. #59
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    Bring it on- the more it goes down, the better for me. Won't be buying Bitcoin at any price though.

  10. #60
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    Quote Originally Posted by sabang View Post
    Won't be buying Bitcoin at any price though.
    Bitcoin is definitely not for the faint hearts, numerous suicides in S.Korea this past week.

  11. #61
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    You were warned.

    Dow closes 1,030 points lower, enters correction territory

    https://www.msn.com/en-us/money/markets/dow-closes-1030-points-lower-enters-correction-territory/ar-BBIQDR5?OCID=ansmsnnews11CNBC

    Fred Imbert and Alexandra Gibbs2 hrs ago





    The Stock Market Plunged Again Just Days After a Massive Drop



    By MARLEY JAY / AP Updated: February 8, 2018 4:42 PM ET


    (NEW YORK) — Stocks plunged again Thursday, and for the second time in four days the Dow Jones industrial average sank more than 1,000 points.

    The two best-known stock market indexes, the Dow and the Standard & Poor’s 500, have dropped 10 percent from their all-time highs, set Jan. 26. That means they are in what is known on Wall Street as a “correction,” their first in almost two years.

    http://time.com/5139930/stock-market...ustrials-down/





    Last edited by Grampa; 09-02-2018 at 06:44 AM.

  12. #62
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    A lot of that wall street money is going to flow into crypto currency land, a place of accountability and honesty.

    Bitcoin holders hang on!

  13. #63
    back to work SKkin's Avatar
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    Quote Originally Posted by Mr Earl View Post
    crypto currency land, a place of accountability and honesty.
    I'm not quite convinced on that one...

  14. #64
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    You have been warned.

  15. #65
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    Debt bubble?

    Total US household debt soars to record above $13 trillion


    • Total household debt rose to an all-time high of $13.15 trillion at year-end 2017, according to the Federal Reserve Bank of New York's Center for Microeconomic Data.




    • The report said it was fifth consecutive year of annual household debt growth with increases in the mortgage, student, auto and credit card categories.






    https://www.cnbc.com/2018/02/13/tota...-trillion.html

  16. #66
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    Post the government debt increase as well, or should we just multiply the household debt by the number of households in ameristan?

  17. #67
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    Quote Originally Posted by Grampa View Post
    Debt bubble?

    Total US household debt soars to record above $13 trillion


    • Total household debt rose to an all-time high of $13.15 trillion at year-end 2017, according to the Federal Reserve Bank of New York's Center for Microeconomic Data.


    • The report said it was fifth consecutive year of annual household debt growth with increases in the mortgage, student, auto and credit card categories.


    https://www.cnbc.com/2018/02/13/tota...-trillion.html


    Dont see household debt on the debt clock but total personal debt is shown as close to 19 trillion with national debt at 20.6 trillion.

    U.S. National Debt Clock : Real Time

  18. #68
    Fresh Seaman CaptainNemo's Avatar
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    May...

  19. #69
    back to work SKkin's Avatar
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    Quote Originally Posted by CaptainNemo View Post
    May...
    I'm thinking Sept./Oct. Either way...The paper tiger has about run its course...

  20. #70
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    Quote Originally Posted by CaptainNemo View Post
    May...
    Any technical indexes backing you up? Political, financial or military advantages to be won?

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