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US stock futures waaaaaay down DOOM ON

 
Dixie Normous

User ID: 5698383
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12/20/2012 10:31 PM

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Re: US stock futures waaaaaay down DOOM ON
-209
5a5a5a
Anonymous Coward
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12/20/2012 10:46 PM
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Re: US stock futures waaaaaay down DOOM ON
It's not even close to going under 13,000! Doom off.

Still hopeful for some time soon though..
 Quoting: Anonymous Coward 9014106


uhhh it went under 13,000 about 45 minutes ago and since recovered slightly. still down over 200 pts and for futures that's crazy
Anonymous Coward
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12/20/2012 10:51 PM
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Re: US stock futures waaaaaay down DOOM ON
i'm selling everything come 2013. fuck this game.

Go RV
Anonymous Coward
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Australia
12/20/2012 10:59 PM
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Re: US stock futures waaaaaay down DOOM ON
It's not even close to going under 13,000! Doom off.

Still hopeful for some time soon though..
 Quoting: Anonymous Coward 9014106


uhhh it went under 13,000 about 45 minutes ago and since recovered slightly. still down over 200 pts and for futures that's crazy
 Quoting: Anonymous Coward 17114980


It did? The link I have says it's 13,128 now.

[link to www.sgxniftydowfutureslive.com]

Any other links?
Anonymous Coward
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12/20/2012 11:02 PM
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Re: US stock futures waaaaaay down DOOM ON
We got a solid 2 handle on silver. if you have money you should rent a truck and then load it up with silver at this price.
Children of the Atom

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12/20/2012 11:07 PM
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Re: US stock futures waaaaaay down DOOM ON
-205

Hello??? Is this thing on????

bumpbumpbump
 Quoting: TheTortureKing


FYI, future are simply trading during international hours for all intensive purposes. If the nyse opens based on the futures 5% below, it's really not a big deal. We have done this, countless times before.

If you see a 1,000+ point drop, come in behing the canary in the coal mine... even 750/500 is pretty bad, but has happened.

But 200 points...? rolleyes
Anonymous Coward
User ID: 30485951
United States
12/20/2012 11:11 PM
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Re: US stock futures waaaaaay down DOOM ON
Big woop. It has been up a lot so just giving up some gains.
 Quoting: Anonymous Coward 30485951


Yeah, thats it skippy, giving up some 'gains'.

in other words, losses of millions if not billions overall.

Big whoop.
 Quoting: Anonymous Coward 20901334


Dumb thread. You are an idiot if you think a drop like this means anything.
TheTortureKing

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12/20/2012 11:11 PM

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Re: US stock futures waaaaaay down DOOM ON
-205

Hello??? Is this thing on????

bumpbumpbump
 Quoting: TheTortureKing


FYI, future are simply trading during international hours for all intensive purposes. If the nyse opens based on the futures 5% below, it's really not a big deal. We have done this, countless times before.

If you see a 1,000+ point drop, come in behing the canary in the coal mine... even 750/500 is pretty bad, but has happened.

But 200 points...? rolleyes
 Quoting: Children of the Atom


Okeedoke. We'll see what happens in just a few hours. Hope you're right.
Anonymous Coward
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United States
12/20/2012 11:12 PM
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Re: US stock futures waaaaaay down DOOM ON
S&P -26.60 / -1.85%
Data as of 8:21pm ET

Nasdaq -43.50 / -1.62%
Data as of 8:21pm ET

Dow -271.00 / -2.04%
Data as of 8:20pm ET

[link to money.cnn.com]
 Quoting: Anonymous Coward 29271249


I was depressed two months ago with my 401K. I looked at it yesterday, and it was up $25,000!
 Quoting: Anonymous Coward 27310787


bushfing
Anonymous Coward
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12/20/2012 11:13 PM
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Re: US stock futures waaaaaay down DOOM ON
It's the end of the world as we know it, and I feel fine!

chorus
Dapurps

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12/20/2012 11:13 PM
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Re: US stock futures waaaaaay down DOOM ON
It's the 3rd Friday, people. The derivative market always tanks on/right before the 3rd Friday as people sell off their expired options. Try not to freak about it. Same kind of thing has happened almost every 3rd Friday for years.
 Quoting: Anonymous Coward 13825301


Ya im gonna go with this. Nothing out of the norm.
"What you perceive to be becomes your reality."

:ftwpanda:

dapurps
Saddletramp
We Don't Rent Pigs...

User ID: 736969
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12/20/2012 11:14 PM

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Re: US stock futures waaaaaay down DOOM ON
Plan B went off of the cliff...
.
.
.
.
 Quoting: Saddletramp


So what do you make of it saddle?

Saddletramp is one of the only posters here I'd listen to.

If anybody wants to have a reputation like that, you have to earn it with good, well-grounded posts, not the constant 'chicken little' doom posts
 Quoting: Anonymous Coward 29744437


I never thought they would make a deal. Obama has not budged an inch and knew all along the complicit media would blame it all on the Republicans, for their part the Republicans gave up almost everything, and still didn't get a deal, but even if they had, with as much as they gave up it would have buried them for a long time.

Fincancially, we're better off with the fiscal cliff than the deal Obama was putting out there...

No matter what it was going to be a train wreck...

People will try to pull as much profit into this year as possible, the gold bugs have been expecting this for the last few days, so let the sell off begin...

Last Edited by Saddletramp on 12/20/2012 11:15 PM
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Amen!

User ID: 28645748
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12/20/2012 11:14 PM
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Re: US stock futures waaaaaay down DOOM ON
Fiscal Cliff is the key for Dec 21, 2012. Watch out for Fiscal Cliff. I will not be surprise, there will be no agreement reach on this tomorrow, it will lead stock to be crash. Watch out for it.
Anonymous Coward
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12/20/2012 11:15 PM
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Re: US stock futures waaaaaay down DOOM ON
Expect to see it drop a lot before year-end.
Children of the Atom

User ID: 20257839
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12/20/2012 11:18 PM
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Re: US stock futures waaaaaay down DOOM ON
-205

Hello??? Is this thing on????

bumpbumpbump
 Quoting: TheTortureKing


FYI, future are simply trading during international hours for all intensive purposes. If the nyse opens based on the futures 5% below, it's really not a big deal. We have done this, countless times before.

If you see a 1,000+ point drop, come in behing the canary in the coal mine... even 750/500 is pretty bad, but has happened.

But 200 points...? rolleyes
 Quoting: Children of the Atom


Okeedoke. We'll see what happens in just a few hours. Hope you're right.
 Quoting: TheTortureKing


Don't misunderstand me because I don't know everything and I am using history as a reference point. Again things have changed dramatically.

Regardless, this is not pretty to look at but as someone has noted very cyclical in the nature of the market.

Although, typically high volatility is rather common because of the lack of market volume on the exchanges. It doesn't take much to push a stock either way because the demand on all sides is very very light.

Secondly if the rumor of the Fed charter expiring tomorrow is correct - then this is an interesting event indeed.

popcorn
Anonymous Coward
User ID: 16477649
Canada
12/20/2012 11:23 PM
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Re: US stock futures waaaaaay down DOOM ON
S&P -26.60 / -1.85%
Data as of 8:21pm ET

Nasdaq -43.50 / -1.62%
Data as of 8:21pm ET

Dow -271.00 / -2.04%
Data as of 8:20pm ET

[link to money.cnn.com]
 Quoting: Anonymous Coward 29271249


bsflag
Renegade (Me too)

User ID: 28510817
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12/20/2012 11:25 PM

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Re: US stock futures waaaaaay down DOOM ON
Asian markets showing their Christmas spirit. They all turned from green to red!
[link to money.cnn.com]
 Quoting: TheTortureKing


Yay! Crash and burn! I won $50 on a scratch off, so I'm up 50.
Who is John Galt?
Saddletramp
We Don't Rent Pigs...

User ID: 736969
United States
12/20/2012 11:27 PM

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Re: US stock futures waaaaaay down DOOM ON
Asian markets showing their Christmas spirit. They all turned from green to red!
[link to money.cnn.com]
 Quoting: TheTortureKing


Yay! Crash and burn! I won $50 on a scratch off, so I'm up 50.
 Quoting: Renegade (Me too)


Probably the best investment anyone around here has made all week...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Saddletramp
We Don't Rent Pigs...

User ID: 736969
United States
12/20/2012 11:28 PM

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Re: US stock futures waaaaaay down DOOM ON
S&P -26.60 / -1.85%
Data as of 8:21pm ET

Nasdaq -43.50 / -1.62%
Data as of 8:21pm ET

Dow -271.00 / -2.04%
Data as of 8:20pm ET

[link to money.cnn.com]
 Quoting: Anonymous Coward 29271249


bsflag
 Quoting: Anonymous Coward 16477649


A BS Flag for quotes...interesting...

I think you could see a 500 point or more drop tomorrow...last day of trading before Christmas...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Digital mix guy

User ID: 30106799
Canada
12/20/2012 11:31 PM
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Re: US stock futures waaaaaay down DOOM ON
It's not even close to going under 13,000! Doom off.

Still hopeful for some time soon though..
 Quoting: Anonymous Coward 9014106


it's up now.

unpin

Last Edited by Digital mix guy on 12/20/2012 11:31 PM
Renegade (Me too)

User ID: 28510817
United States
12/20/2012 11:34 PM

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Re: US stock futures waaaaaay down DOOM ON
Asian markets showing their Christmas spirit. They all turned from green to red!
[link to money.cnn.com]
 Quoting: TheTortureKing


Yay! Crash and burn! I won $50 on a scratch off, so I'm up 50.
 Quoting: Renegade (Me too)


Probably the best investment anyone around here has made all week...
 Quoting: Saddletramp


Gonna try again tomorrow for the BIG ONE!
Who is John Galt?
Anonymous Coward
User ID: 28621700
United States
12/20/2012 11:37 PM
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Re: US stock futures waaaaaay down DOOM ON
Why dont you sheeple ever learn ???????????

What day is it tomorrow ?
It's the Third Friday of the month ?

Its stock options expiry tomorrow and the Precious Metal paper script/miner stocks must be made to suffer.
Also December is a huge delivery month for Physical.

Watch precious Get take to the woodshed tomorrow as well as next week for the Comex contract expiries !

Watch and learn what you have been watching for years !
Saddletramp
We Don't Rent Pigs...

User ID: 736969
United States
12/20/2012 11:37 PM

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Re: US stock futures waaaaaay down DOOM ON
It's not even close to going under 13,000! Doom off.

Still hopeful for some time soon though..
 Quoting: Anonymous Coward 9014106


it's up now.

unpin
 Quoting: Digital mix guy


Still down 190 on the DOW...I think the futures are only indicators, a move of more than one percent in the futures (overnights) is a bit unusual, since any moves in the overnights are usually less than half of any daily move in the equities...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Anonymous Coward
User ID: 23490588
United States
12/20/2012 11:38 PM
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Re: US stock futures waaaaaay down DOOM ON
They play with y'all. They'll be back up tomorrow.
Saddletramp
We Don't Rent Pigs...

User ID: 736969
United States
12/20/2012 11:42 PM

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Re: US stock futures waaaaaay down DOOM ON
Why dont you sheeple ever learn ???????????

What day is it tomorrow ?
It's the Third Friday of the month ?

Its stock options expiry tomorrow and the Precious Metal paper script/miner stocks must be made to suffer.
Also December is a huge delivery month for Physical.

Watch precious Get take to the woodshed tomorrow as well as next week for the Comex contract expiries !

Watch and learn what you have been watching for years !
 Quoting: Anonymous Coward 28621700


I agree, this type of movement is not totally uncommon, particularly at the end of the year, and option expiry is usually a time for large shifts, but combine that with the news about the Fiscal Cliff deals, and it could make for some big movement tomorrow.

Right now I stand by my statement that we could see a 500 point downward move tomorrow in the Equities, though we'll have to see the volume at the open of the daily market to be sure...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Anonymous Coward
User ID: 28621700
United States
12/20/2012 11:43 PM
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Re: US stock futures waaaaaay down DOOM ON
S&P -26.60 / -1.85%
Data as of 8:21pm ET

Nasdaq -43.50 / -1.62%
Data as of 8:21pm ET

Dow -271.00 / -2.04%
Data as of 8:20pm ET

[link to money.cnn.com]
 Quoting: Anonymous Coward 29271249


bsflag
 Quoting: Anonymous Coward 16477649


A BS Flag for quotes...interesting...

I think you could see a 500 point or more drop tomorrow...last day of trading before Christmas...
 Quoting: Saddletramp


Saddle, as you know if they want it to drop it -500 tomorrow it will ! The natural price discovery mechanism's have been removed from the market "entirely" The price of everything must be hammered to paint a pretty chart for the chartists to talk about for the next year. Inflation ? What inflation, let's look at the chart !

Priceless !!!!!!!!!!!!!!!
TechRaider

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United States
12/20/2012 11:49 PM
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Re: US stock futures waaaaaay down DOOM ON
I wonder if there will be scratch-off tickets in FEMA CAMP?
Texas has yet to learn submission to any oppression, come from what source it may.
Sam Houston

"The beauty of the Second Amendment is that it will not be needed until they try to take it."
Thomas Jefferson
Saddletramp
We Don't Rent Pigs...

User ID: 736969
United States
12/20/2012 11:53 PM

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Re: US stock futures waaaaaay down DOOM ON
S&P -26.60 / -1.85%
Data as of 8:21pm ET

Nasdaq -43.50 / -1.62%
Data as of 8:21pm ET

Dow -271.00 / -2.04%
Data as of 8:20pm ET

[link to money.cnn.com]
 Quoting: Anonymous Coward 29271249


bsflag
 Quoting: Anonymous Coward 16477649


A BS Flag for quotes...interesting...

I think you could see a 500 point or more drop tomorrow...last day of trading before Christmas...
 Quoting: Saddletramp


Saddle, as you know if they want it to drop it -500 tomorrow it will ! The natural price discovery mechanism's have been removed from the market "entirely" The price of everything must be hammered to paint a pretty chart for the chartists to talk about for the next year. Inflation ? What inflation, let's look at the chart !

Priceless !!!!!!!!!!!!!!!
 Quoting: Anonymous Coward 28621700


That's why I only rarely play equities anymore...

As for inflation, the commodity markets have been showing increasing deflationary pressure all this week, and that is a bit worrisome after the Fed's QE4eva program they announced last week. I think the next "inflation" we see could be "Hyperinflation", which is not growth at all, but a total collapse in confidence in the currency...

Probably when China finally announces Gold Backing for the Yuan...

Still, while they may let the market swing wildly to influence FIscal Cliff negotiations, I still believe the real fireworks aren't until after the 1st of the year...

Last Edited by Saddletramp on 12/20/2012 11:55 PM
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
PhilippinoBob

User ID: 16604126
Philippines
12/21/2012 12:01 AM
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Re: US stock futures waaaaaay down DOOM ON
Did anyone look at $BDI Index?
Terrifying!
PhilippinoBob
Therion156
User ID: 1506382
United States
12/21/2012 12:06 AM
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Re: US stock futures waaaaaay down DOOM ON
Dont read a lot into this....there is a big federal tax increase on speculation, trading & investment after 12/31/2012. The current selloff in bonds, equities & commods is profit taking before the tax increase a.k.a. tax avoidance. New positions will be established after first of year. NIA

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