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Message Subject US stock futures waaaaaay down DOOM ON
Poster Handle Saddletramp
Post Content
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

 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...
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