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Predicting 7% drop in U.S. Stock Market TODAY

 
millenniumjackal
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06/24/2016 07:05 AM
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Predicting 7% drop in U.S. Stock Market TODAY
Based on the performance of the European stocks I hold, I'm expecting that the U.S. Stock Market will lose 7% of value today just in one day alone.

The classic definition of a "stock market crash" is when the market loses 10% or more of value in a one or two day trading period. If today is as bad as it seems it will be and it continues to slump on Monday, we could meet those criteria.

I'm not panicked- I'm fairly young and have the most important resource for riding something like this out: time. It will recover value, it's just a matter of when and how long.

For those of you with large 401k plans that are retiring in the next 5 years, well I hope you like eating beans-n-weenies from a can.
You only hear about SpecOps when they go wrong.
Anonymous Coward
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06/24/2016 07:36 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
you can double that.
RoninMD
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06/24/2016 09:29 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
It's the Shemitah year! It's also an election year. All we need is for the Federal Reserve to raise interest rates and the checklist for another crash will be complete.
Anonymous Coward
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06/24/2016 09:39 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
its gonna drop a lot more and its gonna trigger financial collapse.
Anonymous Coward
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06/24/2016 09:42 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
Based on the performance of the European stocks I hold, I'm expecting that the U.S. Stock Market will lose 7% of value today just in one day alone.

The classic definition of a "stock market crash" is when the market loses 10% or more of value in a one or two day trading period. If today is as bad as it seems it will be and it continues to slump on Monday, we could meet those criteria.

I'm not panicked- I'm fairly young and have the most important resource for riding something like this out: time. It will recover value, it's just a matter of when and how long.

For those of you with large 401k plans that are retiring in the next 5 years, well I hope you like eating beans-n-weenies from a can.
 Quoting: millenniumjackal


I predict your prediction will utterly fail.
Anonymous Coward
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06/24/2016 09:44 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
Based on the performance of the European stocks I hold, I'm expecting that the U.S. Stock Market will lose 7% of value today just in one day alone.

The classic definition of a "stock market crash" is when the market loses 10% or more of value in a one or two day trading period. If today is as bad as it seems it will be and it continues to slump on Monday, we could meet those criteria.

I'm not panicked- I'm fairly young and have the most important resource for riding something like this out: time. It will recover value, it's just a matter of when and how long.

For those of you with large 401k plans that are retiring in the next 5 years, well I hope you like eating beans-n-weenies from a can.
 Quoting: millenniumjackal


I predict your prediction will utterly fail.
 Quoting: Anonymous Coward 63580449


this.

Dow will close up, andf there is a good chance it will be a record breaking one day increase.
Anonymous Coward
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06/24/2016 09:45 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
I don't think most of you understand how Brexit actually makes the US dollar (temporarily) stronger.

DOW will end up 3% by end of day.
Monkeybluebird

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06/24/2016 09:46 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
I don't think most of you understand how Brexit actually makes the US dollar (temporarily) stronger.

DOW will end up 3% by end of day.
 Quoting: Anonymous Coward 53334281


strong dollar will clobber us stocks.
Monkeybluebird
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06/24/2016 09:49 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
For those of you with large 401k plans that are retiring in the next 5 years, well I hope you like eating beans-n-weenies from a can.
 Quoting: millenniumjackal


HEE HEE HEE!

You said weenie!

HEE HEE HEE!

lolsign
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06/24/2016 09:50 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
You do realize of course that the Dow right now is at about the same level it was at one week ago?

This is a non-event, but also a moderate buying opportunity.
Major99

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06/24/2016 10:00 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
You do realize of course that the Dow right now is at about the same level it was at one week ago?

This is a non-event, but also a moderate buying opportunity.
 Quoting: Anonymous Coward 72451374


Exactly!! There will be NO DOOM today or next week. Its not the TIME for 'The Event" but we are almost there.bushtard
Major
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06/24/2016 10:08 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
its gonna drop a lot more and its gonna trigger financial collapse.
 Quoting: Anonymous Coward 48299800


bsflagbsflagbsflagbsflagbsflagbsflagbsflagbsflag
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06/24/2016 10:08 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
cruIse
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06/24/2016 10:08 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
i hope so cause i can buy a bunch of good stock for cheap.
Anonymous Coward
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06/24/2016 10:09 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
Predicting OP has failed in predictions
Anonymous Coward
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06/24/2016 10:10 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
Based on the performance of the European stocks I hold, I'm expecting that the U.S. Stock Market will lose 7% of value today just in one day alone.

The classic definition of a "stock market crash" is when the market loses 10% or more of value in a one or two day trading period. If today is as bad as it seems it will be and it continues to slump on Monday, we could meet those criteria.

I'm not panicked- I'm fairly young and have the most important resource for riding something like this out: time. It will recover value, it's just a matter of when and how long.

For those of you with large 401k plans that are retiring in the next 5 years, well I hope you like eating beans-n-weenies from a can.
 Quoting: millenniumjackal


I predict your prediction will utterly fail.
 Quoting: Anonymous Coward 63580449


this.

Dow will close up, andf there is a good chance it will be a record breaking one day increase.
 Quoting: Anonymous Coward 72410380


I agree you cant keep this market down...the ptb will not let it yet it is not time.
Anonymous Coward
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06/24/2016 10:11 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
Predicting OP has failed in predictions
 Quoting: Anonymous Coward 72350673
Vandaluminatti

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06/24/2016 10:11 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
And then, the ones with money will buy, and it will go back up.

See a trend here?>
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Doomtard 923
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06/24/2016 10:12 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
It's the Shemitah year! It's also an election year. All we need is for the Federal Reserve to raise interest rates and the checklist for another crash will be complete.
 Quoting: RoninMD 72173265


Shemitah was last year, rabbi.
Anonymous Coward
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06/24/2016 10:12 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
I've seen no Doom yet...the dollar will just gain in strength that's all. The Rothschild Gold Banker's rule another day, that's all that's happening now.
Anonymous Coward
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06/24/2016 10:12 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
Umm, FTSE 100 is only down 1.8% and rising 1dunno1 British tomatoes moved out into afternoon sunshine.

 

 
DarthPaulson

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06/24/2016 10:14 AM

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Re: Predicting 7% drop in U.S. Stock Market TODAY
Based on the performance of the European stocks I hold, I'm expecting that the U.S. Stock Market will lose 7% of value today just in one day alone.

The classic definition of a "stock market crash" is when the market loses 10% or more of value in a one or two day trading period. If today is as bad as it seems it will be and it continues to slump on Monday, we could meet those criteria.

I'm not panicked- I'm fairly young and have the most important resource for riding something like this out: time. It will recover value, it's just a matter of when and how long.

For those of you with large 401k plans that are retiring in the next 5 years, well I hope you like eating beans-n-weenies from a can.
 Quoting: millenniumjackal


bsflag
Anonymous Coward
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06/24/2016 10:15 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
Wrong US markets will soar
G. House

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06/24/2016 10:19 AM

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Re: Predicting 7% drop in U.S. Stock Market TODAY
In the long run I predict the US stock markets and the US dollar will be the last safe havens.

The Dow will go down 2% or less today.
"Everybody lies."
nikki nikita

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06/24/2016 10:19 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
what kind of lame prediction is this OP?

my pet iguana could have predicted that.
I don't have a pet iguana, just sayin.

I'm going to go outside and predict which way the wind is blowing.

Last Edited by nikki nikita on 06/24/2016 10:20 AM
Anonymous Coward
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06/24/2016 10:19 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
I've seen no Doom yet...the dollar will just gain in strength that's all. The Rothschild Gold Banker's rule another day, that's all that's happening now.
 Quoting: Anonymous Coward 72429241


Maybe, but the uncertainty right this second is very real.

Soros is shorting the US markets and has been for some time. You think he's stupid when it comes to finance?

Nobody knows what's going to happen. Gold up $70/oz, DJIA down 400pts.

It's starting to get slightly doomy
Anonymous Coward
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06/24/2016 10:21 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
You can't stop the Dow. It breathes on its own.

Nothing affects it anymore.
nikki nikita

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06/24/2016 10:21 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
I've seen no Doom yet...the dollar will just gain in strength that's all. The Rothschild Gold Banker's rule another day, that's all that's happening now.
 Quoting: Anonymous Coward 72429241


Maybe, but the uncertainty right this second is very real.

Soros is shorting the US markets and has been for some time. You think he's stupid when it comes to finance?

Nobody knows what's going to happen. Gold up $70/oz, DJIA down 400pts.

It's starting to get slightly doomy
 Quoting: Anonymous Coward 72440514


what are the choices?

1. Islam pulls off another 911 while we are in chaos?
2. massive tsunami, we all die?
3. stock market crashes, hungry zombies appear?
4. life goes on, people get meaner?
5. party time?
Anonymous Coward
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06/24/2016 10:21 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
In the long run I predict the US stock markets and the US dollar will be the last safe havens.

The Dow will go down 2% or less today.
 Quoting: G. House


Compared to all the other countries out there, the US is a safe haven for currency... that's what the wall street white shoe boys want to happen. They want you to put money in the market, so they can take it out for themselves... it's a scam.
The Old Timer

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06/24/2016 10:21 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
Why do people give a shit about the stock market....when it is the bond market you should be watchin'

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Anonymous Coward
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06/24/2016 10:24 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
I've seen no Doom yet...the dollar will just gain in strength that's all. The Rothschild Gold Banker's rule another day, that's all that's happening now.
 Quoting: Anonymous Coward 72429241


Maybe, but the uncertainty right this second is very real.

Soros is shorting the US markets and has been for some time. You think he's stupid when it comes to finance?

Nobody knows what's going to happen. Gold up $70/oz, DJIA down 400pts.

It's starting to get slightly doomy
 Quoting: Anonymous Coward 72440514


what are the choices?

1. Islam pulls off another 911 while we are in chaos?
2. massive tsunami, we all die?
3. stock market crashes, hungry zombies appear?
4. life goes on, people get meaner?
5. party time?
 Quoting: nikki nikita


I see much further decline in the stock markets before people realize what's happening is a good thing. The stock market is over valued by 50%....

What do you think is going to happen when these other countries want out?

The Brexit contagion: How France, Italy and the Netherlands now want their referendum too...

[link to www.telegraph.co.uk]





GLP