US stock futures waaaaaay down DOOM ON

-209

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

i'm selling everything come 2013. fuck this game.

Go RV

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

[link to www.sgxniftydowfutureslive.com]

Any other links?

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.

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...?

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

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

It's the end of the world as we know it, and I feel fine!

Ya im gonna go with this. Nothing out of the norm.

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

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.

Expect to see it drop a lot before year-end.

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.

Yay! Crash and burn! I won $50 on a scratch off, so I'm up 50.

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

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

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

it's up now.



Last Edited by Digital mix guy on 12/20/2012 11:31 PM

Gonna try again tomorrow for the BIG ONE!

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 !

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...

They play with y'all. They'll be back up tomorrow.

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...

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 !!!!!!!!!!!!!!!

I wonder if there will be scratch-off tickets in FEMA CAMP?

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

Did anyone look at $BDI Index?
Terrifying!

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