The next 1000-point down day is coming | |
TheToolMan
(OP) User ID: 48782165 United States 11/10/2015 12:38 PM Report Abusive Post Report Copyright Violation | What investors may get for the holidays — another selloff [link to www.marketwatch.com] Following the biggest drop in six weeks for U.S. stocks, some out there are scratching their heads, while others are a little alarmed. “Today’s selloff does not make a lot of sense, because there wasn’t any big economic or corporate news. It is puzzling to see such a delayed reaction to a strong jobs report in an otherwise quiet week,” said Randy Frederick, managing director of trading & derivatives at Schwab Center for Financial Research, summing up yesterday’s action to MarketWatch. True, markets will have a hard time sidestepping last Friday’s strong jobs data, which to some all but guarantee a Fed interest-rate hike just in time for the holidays. The fear is that anticipation of the hike could lead to a repeat of the volatility we saw this summer. Nour Al-Hammoury, chief market strategist at ADS Securities, says drops of 1% for Europe and U.S. stocks yesterday look unsettlingly familiar. “This follows the pattern of June and September — the previous months when the rate increase was expected to happen — and this nervousness over buying equities could start another market correction,” he says in a note to clients. "My mom said the only reason men are alive is for lawn care and vehicle maintenance." |
ThePassenger
User ID: 68740185 France 11/10/2015 01:34 PM Report Abusive Post Report Copyright Violation | |
TheToolMan
(OP) User ID: 48782165 United States 11/10/2015 01:46 PM Report Abusive Post Report Copyright Violation | Good thread OP, when do you think it could happen? Everybody thought that it was happening few weeks ago, markets were crashing but...nothing. Quoting: ThePassenger No idea, when it crashed a couple months ago it was pretty exciting. Then it went back up for no reason... So we are probably topping out again. Maybe after Thanksgiving... "My mom said the only reason men are alive is for lawn care and vehicle maintenance." |
ThePassenger
User ID: 68740185 France 11/10/2015 01:58 PM Report Abusive Post Report Copyright Violation | Good thread OP, when do you think it could happen? Everybody thought that it was happening few weeks ago, markets were crashing but...nothing. Quoting: ThePassenger No idea, when it crashed a couple months ago it was pretty exciting. Then it went back up for no reason... So we are probably topping out again. Maybe after Thanksgiving... You re probably right..so strange, it looks like a big game without value. Is it still real? Does it still impact our life? When i look at the global economy it s like all the countries are in the same team. So so strange... A.I.B.I.A. |
TheToolMan
(OP) User ID: 48782165 United States 11/10/2015 02:33 PM Report Abusive Post Report Copyright Violation | Good thread OP, when do you think it could happen? Everybody thought that it was happening few weeks ago, markets were crashing but...nothing. Quoting: ThePassenger No idea, when it crashed a couple months ago it was pretty exciting. Then it went back up for no reason... So we are probably topping out again. Maybe after Thanksgiving... You re probably right..so strange, it looks like a big game without value. Is it still real? Does it still impact our life? When i look at the global economy it s like all the countries are in the same team. So so strange... Kind of like how the gov't budget deficit jumped $500 billion in just the past week. How can that actually be? All funny money. THe real issue, when things start to devalue, will you be able to get money from the bank to buy food... "My mom said the only reason men are alive is for lawn care and vehicle maintenance." |
ThePassenger
User ID: 68740185 France 11/10/2015 02:34 PM Report Abusive Post Report Copyright Violation | Good thread OP, when do you think it could happen? Everybody thought that it was happening few weeks ago, markets were crashing but...nothing. Quoting: ThePassenger No idea, when it crashed a couple months ago it was pretty exciting. Then it went back up for no reason... So we are probably topping out again. Maybe after Thanksgiving... You re probably right..so strange, it looks like a big game without value. Is it still real? Does it still impact our life? When i look at the global economy it s like all the countries are in the same team. So so strange... Kind of like how the gov't budget deficit jumped $500 billion in just the past week. How can that actually be? All funny money. THe real issue, when things start to devalue, will you be able to get money from the bank to buy food... That s why i m prepared as i can. I don t wait for banksters to save my life. Do they wait for a major event to happen OR will it be the major event which will crash all? A.I.B.I.A. |
TheToolMan
(OP) User ID: 48782165 United States 11/10/2015 02:42 PM Report Abusive Post Report Copyright Violation | ... Quoting: TheToolMan No idea, when it crashed a couple months ago it was pretty exciting. Then it went back up for no reason... So we are probably topping out again. Maybe after Thanksgiving... You re probably right..so strange, it looks like a big game without value. Is it still real? Does it still impact our life? When i look at the global economy it s like all the countries are in the same team. So so strange... Kind of like how the gov't budget deficit jumped $500 billion in just the past week. How can that actually be? All funny money. THe real issue, when things start to devalue, will you be able to get money from the bank to buy food... That s why i m prepared as i can. I don t wait for banksters to save my life. Do they wait for a major event to happen OR will it be the major event which will crash all? Me too. Purchased an old horse farm last year and have spent this year remodeling and building. Expanded the garden plot so that I could basically feed 20 people easy if needed. Next spring adding some animals for meat and dairy. A few horses for heavy loads and hunting. My profession is software development, but now I have a backup plan. software developers won't be in big demand after the collapse. "My mom said the only reason men are alive is for lawn care and vehicle maintenance." |
ThePassenger
User ID: 68740185 France 11/10/2015 03:25 PM Report Abusive Post Report Copyright Violation | That s why i m prepared as i can. I don t wait for banksters to save my life. Do they wait for a major event to happen OR will it be the major event which will crash all? Me too. Purchased an old horse farm last year and have spent this year remodeling and building. Expanded the garden plot so that I could basically feed 20 people easy if needed. Next spring adding some animals for meat and dairy. A few horses for heavy loads and hunting. My profession is software development, but now I have a backup plan. software developers won't be in big demand after the collapse. Waw i m not as lucky as you i live in a city near Paris then if something happen i can survive few weeks with my family. I suggest you to do not accept more than five people more, we don t know how long it can take and how much will be our enemies. Unhapilly guns will be the best thing to have soon...i hate all those people who control our life and do what they want. I m sure they re all in the same team, preparing for a huge event arriving soon. It will be a world disaster. Everything looks scripted (sorry about my english) A.I.B.I.A. |
TheToolMan
(OP) User ID: 48782165 United States 11/10/2015 03:27 PM Report Abusive Post Report Copyright Violation | That s why i m prepared as i can. I don t wait for banksters to save my life. Do they wait for a major event to happen OR will it be the major event which will crash all? Quoting: ThePassenger Me too. Purchased an old horse farm last year and have spent this year remodeling and building. Expanded the garden plot so that I could basically feed 20 people easy if needed. Next spring adding some animals for meat and dairy. A few horses for heavy loads and hunting. My profession is software development, but now I have a backup plan. software developers won't be in big demand after the collapse. Waw i m not as lucky as you i live in a city near Paris then if something happen i can survive few weeks with my family. I suggest you to do not accept more than five people more, we don t know how long it can take and how much will be our enemies. Unhapilly guns will be the best thing to have soon...i hate all those people who control our life and do what they want. I m sure they re all in the same team, preparing for a huge event arriving soon. It will be a world disaster. Everything looks scripted (sorry about my english) "My mom said the only reason men are alive is for lawn care and vehicle maintenance." |