DOW Carshing.....AGAIN!! -1,001.25 (-4.02%) 03:59:54 PM EST

well, this is a red-letter day for the DOOMtards,
that's for sure.

True, lock and load.

Is that a quote from Loretta Lynch.

Classic Sluggo.

Yes you have good points. Problem for me is the correction zone or the Greatest Depression. America and the world as we know it just might not survive it.

this is why a quit trading.
tomorrow if everyone buys they will sell in after-hours trading lowering the price. ,

if everyone sells they will buy in after-hours trades.

they will change the opening price to what they want.

You just loose every weekend. the entire week is a play for you to get in HERD MODE so they can case you from this end to that end. THATS what they are doing so they can make a killing remember 2008 - 2009 - 2010

And VOTE on the name ;)

seems to be some slaughter ritual every x years to legally take money from the man sheep.

Exactly!... Its the aftermarket

23860.46 24012.0 -723.00

It has gone up from 23860 to 24012. It has risen

.

Yep everything was dirt cheap during the depression. Problem is nobody had any money to buy that cheap stuff,including food.

Last Edited by Nefarious Libertine on 02/08/2018 05:26 PM

I don't really mean it.

yep aftermarket is showing they have come to collect the cash from traders. Best go on holiday now and fuck them

Jealous A-holes without a 401k or any retirement savings.

and mark my words the game is played with the media saying

WHO WILL BE CRAZY ENOUGH TO LEAVE THEIR MONEY IN THE MARKET OVER THE WEEKEND

They want people to run in a herd so it's easy to pick them off one by one.

Whew...

DOW Futures: stay home and hide under the bed.

Yep....Obama's Plunge Protection Team had a lot to do with it.
This is just the markets righting themselves now.
It will pass.

It's a shitty system, but the fact remains that tens of millions will be screwed over when said system implodes.

Only way to avoid it would be to return to a free market.

Unfortunately, this shit tends to happen when Republicans are in office thanks to the retarded policies of the Dems, which exacerbate the underlying fragility of the "managed" economy. This unfortunate but predictable timing reinforces the anti-capitalist ideology of most, due to their failure to grasp basic economics.

It will, but the question is how bad it will be. And that depends on what the Fed and Trump admin do.

I actually agree 100%

When the dust clears, it could take 5-10 years for that dust to fully settle, the population of America could be down 50-75%. It would be the same in most civilized nations.

Even those who have prepared, won't have the supplies to get them through 5-10 years. Those out in the boondocks will be raided by large hordes of gangs. "The Road" will be the norm

Yep the Dow Blowns, holymole thar she blows. I think we're in for a helluva ride down by summer, that is why I changed my allocations a few days ago. I did that same thing in the last carash and prevented losing a huge percentage of my holdings.

Ours is through the company so we just get to sit back and watch our retirement dispappear

As was pointed out earlier....Obama came on the scene in 2008 and the DOW was at about 8000-ish.
It dumped 20% of it's value before they started propping it up.
Unlike Obama....Trump's economic policy is sound, and the economy is doing MUCH better now due to cutting taxes and regulations.
Yellen's replacement.....Powell....is no stooge.

This is just a normal correction related to Plunge Protection Team crap that went on.
It had to come eventually.

It will be fine.

The 'PPT' or 'The Working Group on Financial Markets'was created by Executive Order 12631 and signed by Ronald Reagan on March 18, 1988.

It uses dark pool derivative money to manipulate asset prices as it sees fit.

The entire run up from 2008 was never 'real' to begin with and had less to do with politics than it did with ensuring the extended survival of the entire western economic paradigm.

The entire economy is now based on a Ponzi economic model with zero accountability and zero relation to anything resembling a sound fiscal policy.

In essence - the policy now is 'Debt to Infinity' ... which not only ensures the collapse of the entire western economic ponzi paradigm but very likely the total dissolution of the United States as we know it.

The math is very simple.

The 20 Trillion (and rising every year) debt can never be repaid.

This is all a game of musical chairs on the Titanic... and the outcome is a mathematical certainty.

:)

everybody can afford the gains
but can they afford the losses?

I get out now before the big collapse. You have been warned!

Reagan has NOTHING to do with the destruction Obama did to the economy.....ABSO-FARKING-LOUTLY....NOTHING.




This is a NORMAL MUCH NEEDED correction.
Get over yourself and your Libtard math doom.

Let's try this again...I know it's a delusion buster and painful for all politician worshipers to hear - much less understand - but the sooner you grasp this the better for you and your family.

The 'PPT' or 'The Working Group on Financial Markets'was created by Executive Order 12631 and signed by Ronald Reagan on March 18, 1988.

It uses dark pool derivative money to manipulate asset prices as it sees fit.

The entire run up from 2008 was never 'real' to begin with and had less to do with politics than it did with ensuring the extended survival of the entire western economic paradigm.

The entire economy is now based on a Ponzi economic model with zero accountability and zero relation to anything resembling a sound fiscal policy.

In essence - the policy now is 'Debt to Infinity' ... which not only ensures the collapse of the entire western economic ponzi paradigm but very likely the total dissolution of the United States as we know it.

The math is very simple.

The 20 Trillion (and rising every year) debt can never be repaid.

This is all a game of musical chairs on the Titanic... and the outcome is a mathematical certainty.

:)

Mine is through Prudential, and even though it's provided by the employer so to speak we can still make some choices. Prudential also has changed their policies on loans, which can come in handy for borrowing basically from yourself. It's a great loan vehicle if you need it, you just have to make the payments back in.