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

 
Anonymous Coward
User ID: 69646993
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06/24/2016 03:48 PM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
Just went below -600
 Quoting: Oldmotherhubbard


Considering the Dow was up over 230 points yesterday, in reality all that has been lost in the past 48 hours is only about 350 points, DOW is having closing rally currently at 573
 Quoting: Anonymous Coward 23986143


Yes.
 Quoting: Anonymous Coward 72454631


PPT to the rescue!!!!! lol
Anonymous Coward
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06/24/2016 03:49 PM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
545, could finish under 500 points at this rate
Oldmotherhubbard

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06/24/2016 03:50 PM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
Just went below -600
 Quoting: Oldmotherhubbard


Considering the Dow was up over 230 points yesterday, in reality all that has been lost in the past 48 hours is only about 350 points, DOW is having closing rally currently at 573
 Quoting: Anonymous Coward 23986143


Yes.
 Quoting: Anonymous Coward 72454631


PPT to the rescue!!!!! lol
 Quoting: Anonymous Coward 69646993


Yep, trying to hold on above -600
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Anonymous Coward
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06/24/2016 03:52 PM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
I don't know, some folks are waking up and seeing the stocks they've been eyeing on a huge sale and they can't be sure they'll still be on sale on Monday so you never know how things will go.
Oldmotherhubbard

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06/24/2016 03:52 PM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
Just went below -600
 Quoting: Oldmotherhubbard


Considering the Dow was up over 230 points yesterday, in reality all that has been lost in the past 48 hours is only about 350 points, DOW is having closing rally currently at 573
 Quoting: Anonymous Coward 23986143


Ytd could be wiped out easily


Excuse me- actually

OPEN
17,946.63
DAY RANGE
17,356.34 - 17,946.63
PREVIOUS CLOSE
18,011.07
52WK RANGE
15,370.33 - 18,167.63
1 YR RETURN
-0.29%
YTD RETURN
0.40%

Last Edited by Oldmotherhubbard on 06/24/2016 03:56 PM
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Anonymous Coward
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06/24/2016 03:53 PM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
515 Buy Buy buy
Anonymous Coward
User ID: 23986143
United States
06/24/2016 03:59 PM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
605 just like that a 100 point swing
Anonymous Coward
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06/24/2016 04:15 PM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
It's really at 4500 anyway so what
Dances With Fire

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06/24/2016 04:39 PM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
Nice try. 3.5% drop
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Oldmotherhubbard

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06/24/2016 04:41 PM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
[link to www.sgxniftydowfutureslive.com]


745
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Anonymous Coward
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06/24/2016 04:43 PM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
Fail
Anonymous Coward
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United Kingdom
06/24/2016 05:41 PM
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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


Fail
Anonymous Coward
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06/24/2016 05:42 PM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
bert-facepalm
Anonymous Coward
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06/24/2016 06:48 PM
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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


OP, Haven't you noticed that no one but government employees and teachers and cops and firefighters are retiring?

Everyone else has to work everyday forever. The late boomers have student loans up the wazoo from putting their kids through college and mortgages on homes that can't be sold right now, so those folks will be working forever, which is why, at their age, they're taking chance in the market.
The Comedian :D

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06/24/2016 08:26 PM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
you can double that.
 Quoting: Anonymous Coward 62617372


More like cut it in half.

Great time to go long right now.

It's morning on Earth. Finally.

trumpdance
 Quoting: The Comedian :D


Wrong. Long term is down. No, brexit was NOT priced in. Fucking inter and intra bank transactions are off the chart. Buddy on desk at jp morgan says they are shitting bricks and advising their top tier clients NOT to go long on this shit show. Says it is going to get much, much worse. Derivatives are going to go...
 Quoting: Anonymous Coward 5685190


Well, we'll see.
I've been wrong before.
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millenniumjackal  (OP)

User ID: 32025913
United States
06/27/2016 09:36 AM
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Re: Predicting 7% drop in U.S. Stock Market TODAY
Down another 1% at Monday's market open...what does that bring us to now -5% overall since Brexit?
You only hear about SpecOps when they go wrong.





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