Crash guru warns the Dow could plunge to 14,800 — and today’s a date to watch

What kind of analysis are these "end dates" based on, OP?

High frequency AI computers and cuircuit breakers prevent any crash

Go back k to sleep Chicken Little

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I didn't write the story idiot or make the prediction!

I hope it does. I got a high six figures in cash I want to invest and would prefer to buy after the crash.

Thanks for the pin!

Shit can I borrow a few dollars lol

Two more days Thread: It's been a while since we had some good Financial DOOM news! Here you go! March 15, 2017!!

I can't look is the market crashing yet?

Does the timing have to do with the other thread about Trump leaks today?

That means that 30,000 is only 6 months away...

let me be the 1st

No dude, you got that backwords...

The high frequency and AI computers create the crash so as to profit from the day traders...

Ultimately the markets are driven by liquidity and the liquidity is so bad that the Treasury market and exchange stabilization funds are daily pumping and buying to keep an appearance of normalcy...The Treasury department is controlled by politicians so they never want a crash on their watch...

Bottom line, you will see this market inflate higher dominated by a few select stocks....until they cant hide the massive intervention...and then the party is over

Look for a new technological, digital currency to come out of the ashes of the old system...so there will be some type of premeditated crash...however very premeditated and planned..

To the moon Alice....then crash, new system to be forced on the citizens of the world...Beast mark.



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Yes.

No.

Yes.

No.

Maybe.

Wait for it.

No.

This is dumb. why would he have a specific figure of 14,800 and a specific date but maybe 2 months from then

Yeah because these idiots are always right with these stupid predictions.

FTOWN

Expect a 700 pt correction around good friday before easter then we off to dow 25k

I think it should be around 9,000 frankly. I don't trust a single earnings report that comes out these days.

so, this is the end? finally?

:omnomnom:

carsh gurus

The cocksuckers are allways moving the goal posts......

There will be a crash. I don't know when, but there will be. And it will be huge.

We are in a transition period technologically. The sad part is most people simply don't get it or put their head in the sand. Let me just state some facts people will have to wrap their head around in order to not be caught off guard.

1. Manufacturing and "blue collar" jobs are FUCKING DEAD. Period. If you are wanting those to come back you are wasting your time. If you are thinking bringing those back will save the economy, you are wrong. Time will prove this correct. Also, this happens every 50 years or so and everyone has always reacted the same when major job sectors get eliminated.

2. Automation will eliminate about 50% of ALL CURRENT JOBS. There is no discussion on this. It WILL happen. This doesn't mean there will be 50% more unemployed. It means that making horse carriages in the car age won't be a job anymore. Just like the need for horseshoes collapsed in the early 1900s, so will the need for many other jobs... like cashiers. Most middle management jobs will be replaced with AI. Almost all trucking and delivery jobs and driving jobs will be eliminated as well.

3. There will be new jobs for people to do, they just won't be what they are today or they will be expanded jobs of what we have today because more people will be needed. The "blue collar" regular labor job of the future will be things like IT professionals or SysAdmins, or software engineers... that sort of thing. People will be doing those types of jobs in numbers equivalent to those working in manufacturing.

4. Pensions outside of government employment are GONE FOREVER. Do not look for a job offering those things. Everything will have to be done individually.

5. Many MANY companies will turn to skilled independent contractors or freelancers to perform many tasks. This can be anything.

These things are going to happen. People can argue, bitch, and moan about it and lose or figure it out and maximize their earning potentials by having the skills needed to do things. There will still be plenty of brick and mortar retail in the coming decades. Much of the process will be automated, certainly. However there will be a goldmine in superior person to person customer service in niche products inside "boutique" type small businesses. The "mom and pop" type place will succeed where the big box stores will fail and disappear.

Here in the suburbs of Atlanta, each town has it's own "downtown". They all have a Small America feel to them and are all loaded with locally owned businesses. And many are thriving. Why? Because their offerings and customer service are part of the experience. People going to Sears or McDonald's give two shits about the experience. They want what they want and want to GTFO. All those people dependent on those types of businesses for a living are going to be shit out of luck. Not only will they eventually be phased out, there won't be another place to hire them. And if they were sitting around hoping their job would stay around forever, just HOPING it would last while doing nothing to improve their marketability, they will be fucked. Period.

Like I said, this shit has happened before. The timber industry took a shit when diesel and steel ships replaced wooden sail and steam ships. People lobbied Congress to limit cars because they were destroying jobs centered around horses. What happened? Technology won... EVERY SINGLE TIME.

So, figure it out and stop worrying about where manufacturing or retail jobs are headed. They are only headed one way, GONE. FOREVER. Find something else to do. Start building skills and experience in other areas. I mean shit, people have forged jobs and income from effin YOU TUBE FFS. People may laugh at kids live streaming video games on the internet. But you'd not be laughing if it were you making $20,000 a month doing it. Start diversifying NOW. And no, you don't have to pay for college classes or whatever.

Here's some jobs not going anywhere.

Plumber
Welder
Mechanic
Machine Repair
Food Markets
Beauty Salons
Wellness Centers
Places you want to try before you buy or see in person


It's going to be a wild ride watching cities, towns, and police departments try to make it with no traffic fine revenues coming in.

Something of a correction on that level is the most likely scenario if it happens at all.
...even 1000-1200 points over the course of a week would not be out of the question.

...but a crash bigger than the Oct 1987 crash?

[link to waterman99.files.wordpress.com (secure)]

Nope, they just raise the debt limit and print more money.