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Super Contributor
er, I always find a nice turkey and a few tatties better than a mirror. Heck, throw in a cracker or too.
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Super Contributor
I thought it took some time, well, lets hope times change...
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Super Contributor
This is the type of cr*p that chief market economists are saying to scare everyone, "Today might be the day where everybody throws in the towel," said Peter Cardillo, chief market economist for Avalon Partners. "People are saying 'I've had it, I can't take it anymore, I'm selling everything.'" I say "Come to Pappa my cheap shares."
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Super Contributor
GVV, thats the way, in a few years these bargains will be worth multiples of their current value, this is when the long term guys will be smiling...
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Not applicable
a retest of 17150 and a strong break up will really get us going. There will be no crash imo, evryone talking about it is bound to invoke a short covering rally of note, watch this space.
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Super Contributor
what do you mean "there will be no crash" i think we already had the crash, maybe a bit prolonged and not just all in 1/2 day/s, but this past while was quite a move?
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Super Contributor
So what will happen today on the DOW. Trade for 1/2 hour...reach the limit...1h breakfast....carry on with the Bear party
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Not applicable
We are in a crash. Its just one in slow motion. Think of the henchman that saw Austin Powers in a steamroller approaching from 100m away at a crawl and still got trampled.
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Super Contributor
massive volume on the DOW
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Not applicable
dow already down 170pts
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Super Contributor
Just remember it took two years or so for the market to find a bottom in 1929. By the way at what point will this be called a crash. I think 31000ish to 17000ish is a little beyond the scope of a correction and more in the realm of crash but I guess we also aren't in a recession either.
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Not applicable
dow down 500 eish!!!!!!!!!!
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Not applicable
I was referring to today's US open, the futures market descent was halted at limit down. It suggested a real crash at the open, we didn't get it... 17150 break on the ALSI futures and this bear market rally on short covering will be in full swing!
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Super Contributor
my view is that the market has crashed, and if someone does believe that they have a problem, maybe the crash gets worse, but this drop since the high is a crash. lol. one should not call it a crash though, because when thinking of cars or aircraft, after a crash the thing is a write-off and doesnt ever drive or fly again. lol...
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Super Contributor
here comes the short cover watch your backs
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Not applicable
8235 appears to be the line to watch
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Super Contributor
8400 and counting..on futures not sure were the cash is
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Not applicable
how predictable was that rally? god i love trading...
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Super Contributor
Remember hedge funds also covering and scrambling for cash. Either sideways or a rally, but Monday will tell. Something to keep in mind... 24, 28 and 29 Oct 1929 was only the start. It took until 1932 for the market to bottom with the DOW at 89% down...and most of the dropoff happened gradually after Oct 1929
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Not applicable
Gentlemen,Gentlemen and Ladies.Don't you get it YET ? Didn't I wax on and on,in 2007, about the System BREAKING.Well,here it is.IT IS BROKEN.Are you buying Kruger Rands ?Silver certificates from the Perth mint,Western Australia ??.We are now heading for HYPERINFLATION.ALL PAPER CURRENCIES DIE.EMERGING MARKET ONES WITH BAD FUNDAMENTALS...DIE FIRST.The Rand BURNS.Big Pic>>>>>>WEIMAR USA leading to GLOBAL WEIMAR..Ref: Germany 1921-1923.********************** PROTECT YOURSELF.Speculation is cool eg: Angloplat as a BUY etc....but hey,INSURANCE TIME. Gold and Silver coin.This CURRENT bargain-window for precious Metals will not last much longer.Adios.
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