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DOW heading down again today!? Opens red! Goes to -600 points!

 
Truth Seeker!  (OP)

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10/11/2018 12:07 PM
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Re: DOW heading down again today!? Opens red! Goes to -600 points!
this is going drop like a rock later
I only seek the truth n nothing but the truth!

The truth will set you free, for a price!
siwy

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10/11/2018 12:08 PM
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Re: DOW heading down again today!? Opens red! Goes to -600 points!
Greg Mannarino, former Bear Stearns securities and trades guy, on this podcast, worth a listen:


 Quoting: Crash Override


that is a total ripoff/copy of the original video below. please don't spread links to these thieves

[link to www.youtube.com (secure)]
 Quoting: siwy


Sorry, I didn't know. Either way, he's on point.
 Quoting: Crash Override


Yeah, Greg is great. That video was from 5 months ago however. Check his direct YT channel:

[link to www.youtube.com (secure)]
Festus Hoggbottom

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10/11/2018 12:10 PM

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Re: DOW heading down again today!? Opens red! Goes to -600 points!
DOW -500 today popcorn
 Quoting: Machism


My 401K is down $5K today right along with it.
 Quoting: Festus Hoggbottom


ouch
 Quoting: Truth Seeker!


GLD and SLV would have saved yer ass if you would have made the move last week... just sayin...

my crystal ball only has a rear view mirror...


seal
 Quoting: GT Big hair


I just let the 401K ride. I have an investment fund that holds metals, crypto, some stocks, etc. That one's doing OK because I pulled most of it out last week. My 401K (T.Rowe Price) gives me very little control over investments, so I don't mess with it. It's still considerably up overall.
I did it. I did it on purpose. And I'll do it again.
uhhuh

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10/11/2018 12:11 PM

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Re: DOW heading down again today!? Opens red! Goes to -600 points!
...


My 401K is down $5K today right along with it.
 Quoting: Festus Hoggbottom


ouch
 Quoting: Truth Seeker!


GLD and SLV would have saved yer ass if you would have made the move last week... just sayin...

my crystal ball only has a rear view mirror...


seal
 Quoting: GT Big hair


I just let the 401K ride. I have an investment fund that holds metals, crypto, some stocks, etc. That one's doing OK because I pulled most of it out last week. My 401K (T.Rowe Price) gives me very little control over investments, so I don't mess with it. It's still considerably up overall.
 Quoting: Festus Hoggbottom


Are you 59 1/2 yet?
uhhuh
GT Big hair

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10/11/2018 12:11 PM
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Re: DOW heading down again today!? Opens red! Goes to -600 points!
My grandparents told me that in the 1970s or 1980s- you could put $200,000 in the bank and make around $35,000 a year in interest and that was enough to live well on. Also, the money was insured by the FDIC up to a large amount in each bank you had money in. That seems wild and so much better.
 Quoting: Far Away


or they could have bought 20 houses in the Bay Area...

and would be $10 to $20 million richer!


cool2
GT Big hair...yep and Amen.
lil_g

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10/11/2018 12:12 PM
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Re: DOW heading down again today!? Opens red! Goes to -600 points!
Cash money will soon be worthless…
dream
uhhuh

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10/11/2018 12:12 PM

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Re: DOW heading down again today!? Opens red! Goes to -600 points!
My grandparents told me that in the 1970s or 1980s- you could put $200,000 in the bank and make around $35,000 a year in interest and that was enough to live well on. Also, the money was insured by the FDIC up to a large amount in each bank you had money in. That seems wild and so much better.
 Quoting: Far Away


or they could have bought 20 houses in the Bay Area...

and would be $10 to $20 million richer!


cool2
 Quoting: GT Big hair


Shit..Back then you could make 10% on a CD. 10%!! The crash in 2000 forced everyone back in the market by making bank & cd rates next to nothing. Pure manipulation.
uhhuh
ProtectYour401K

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10/11/2018 12:12 PM
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Re: DOW heading down again today!? Opens red! Goes to -600 points!
Anyone looking to protect their IRA/401K/TSP? Reach out to me I can help convert a portion of your paper assets into physical gold/silver and place inside of an IRA to hedge against this mess. Ron Paul is our ambassador, we can help! :)
Tralfaz

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10/11/2018 12:15 PM
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Re: DOW heading down again today!? Opens red! Goes to -600 points!
I have a strange feeling that this drop in the market is the burst of the bubble that's been very over inflated. While our unemployment is at a 50-year low, income is not rising and interest rates are climbing without the fundamentals to justify the upswing.
 Quoting: Rogue Coder


Agreed
 Quoting: Truth Seeker!


It's called a correction. Get over yourselves.
Anonymous Coward
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10/11/2018 12:16 PM
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Re: DOW heading down again today!? Opens red! Goes to -600 points!
My grandparents told me that in the 1970s or 1980s- you could put $200,000 in the bank and make around $35,000 a year in interest and that was enough to live well on. Also, the money was insured by the FDIC up to a large amount in each bank you had money in. That seems wild and so much better.
 Quoting: Far Away


or they could have bought 20 houses in the Bay Area...

and would be $10 to $20 million richer!


cool2
 Quoting: GT Big hair


Yeah, my family invested in real estate a lot through the decades, but in Texas.
vEyeSea

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10/11/2018 12:17 PM

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Re: DOW heading down again today!? Opens red! Goes to -600 points!
SPY bounced off the 200 day (most did or close enough). Should be good for a couple day bounce. Don't know if it's a dead cat or not. With elections coming up, I'm sure they'll try to make Trump look as bad as possible.
To learn who rules over you, find out who you are not allowed to criticize.

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The secret of freedom lies in educating people, whereas the secret of tyranny is in keeping them ignorant.
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Truth Seeker!  (OP)

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10/11/2018 12:19 PM
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Re: DOW heading down again today!? Opens red! Goes to -600 points!
I have a strange feeling that this drop in the market is the burst of the bubble that's been very over inflated. While our unemployment is at a 50-year low, income is not rising and interest rates are climbing without the fundamentals to justify the upswing.
 Quoting: Rogue Coder


Agreed
 Quoting: Truth Seeker!


It's called a correction. Get over yourselves.
 Quoting: Tralfaz


damage is still done
I only seek the truth n nothing but the truth!

The truth will set you free, for a price!
Truth Seeker!  (OP)

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10/11/2018 12:23 PM
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Re: DOW heading down again today!? Opens red! Goes to -600 points!
buying rn sell off coming prob hour
I only seek the truth n nothing but the truth!

The truth will set you free, for a price!
Anonymous Coward
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Japan
10/11/2018 12:23 PM
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Re: DOW heading down again today!? Opens red! Goes to -600 points!
Dead Cat Bounce - downtrend will resume shortly
Truth Seeker!  (OP)

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10/11/2018 12:24 PM
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Re: DOW heading down again today!? Opens red! Goes to -600 points!
buying rn sell off coming prob hour
 Quoting: Truth Seeker!


they are trying make it green lol
I only seek the truth n nothing but the truth!

The truth will set you free, for a price!
Truth Seeker!  (OP)

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10/11/2018 12:24 PM
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Re: DOW heading down again today!? Opens red! Goes to -600 points!
it went green lol oh boy
I only seek the truth n nothing but the truth!

The truth will set you free, for a price!
Truth Seeker!  (OP)

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10/11/2018 12:24 PM
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Re: DOW heading down again today!? Opens red! Goes to -600 points!
Dead Cat Bounce - downtrend will resume shortly
 Quoting: McShillin


this!
I only seek the truth n nothing but the truth!

The truth will set you free, for a price!
Limpan

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Sweden
10/11/2018 12:25 PM

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Re: DOW heading down again today!? Opens red! Goes to -600 points!
it went green lol oh boy
 Quoting: Truth Seeker!


Last Edited by Limpan on 10/11/2018 12:26 PM
Shiva ascendant

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10/11/2018 12:27 PM
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Re: DOW heading down again today!? Opens red! Goes to -600 points!
My grandparents told me that in the 1970s or 1980s- you could put $200,000 in the bank and make around $35,000 a year in interest and that was enough to live well on. Also, the money was insured by the FDIC up to a large amount in each bank you had money in. That seems wild and so much better.
 Quoting: Far Away


or they could have bought 20 houses in the Bay Area...

and would be $10 to $20 million richer!


cool2
 Quoting: GT Big hair


My parents bought a modest home in the lower west bay in '73 for 71k, sold it in 2006 for 1.8m The people who bought it leveled the house and built a bigger one. tounge
This is the way the world ends.
This is the way the world ends.
This is the way the world ends.
Not with a bang but with a whimper.
Truth Seeker!  (OP)

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10/11/2018 12:29 PM
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Re: DOW heading down again today!? Opens red! Goes to -600 points!
red again lol
I only seek the truth n nothing but the truth!

The truth will set you free, for a price!
Anonymous Coward
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10/11/2018 12:30 PM
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Re: DOW heading down again today!? Opens red! Goes to -600 points!
Don't be afraid... the market is coming back.
Ostria1

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Greece
10/11/2018 12:30 PM

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Re: DOW heading down again today!? Opens red! Goes to -600 points!
Gold is surging today
Ostria
Anonymous Coward
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10/11/2018 12:32 PM
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Re: DOW heading down again today!? Opens red! Goes to -600 points!
Gold is surging today
 Quoting: Ostria1


:fuckina:
ProtectYour401K

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10/11/2018 12:35 PM
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Re: DOW heading down again today!? Opens red! Goes to -600 points!
Don't wait to protect your retirement accounts!!!!!!
Truth Seeker!  (OP)

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10/11/2018 12:41 PM
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Re: DOW heading down again today!? Opens red! Goes to -600 points!
last hour going be interesting
I only seek the truth n nothing but the truth!

The truth will set you free, for a price!
YOU ARE ALL DUMB

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Poland
10/11/2018 12:43 PM
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Re: DOW heading down again today!? Opens red! Goes to -600 points!
so when the economy is doing great it is all because of trump and his brilliant plans

when the economy shits the bed whose fault is it? the dems? not trump right... he only takes credit when things are good
YOU ARE ALL DUMB
Anonymous Coward
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10/11/2018 12:47 PM
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Re: DOW heading down again today!? Opens red! Goes to -600 points!
My grandparents told me that in the 1970s or 1980s- you could put $200,000 in the bank and make around $35,000 a year in interest and that was enough to live well on. Also, the money was insured by the FDIC up to a large amount in each bank you had money in. That seems wild and so much better.
 Quoting: Far Away


or they could have bought 20 houses in the Bay Area...

and would be $10 to $20 million richer!


cool2
 Quoting: GT Big hair


My parents bought a modest home in the lower west bay in '73 for 71k, sold it in 2006 for 1.8m The people who bought it leveled the house and built a bigger one. tounge
 Quoting: Shiva ascendant


Dang, that is crazy. I think I heard that one could buy a modest home in north Texas in the early 1970s for about $35,000 and now that same house would sell for about $220,000.
Not near as crazy as Bay area stuff.
Anonymous Coward
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10/11/2018 12:48 PM
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Re: DOW heading down again today!? Opens red! Goes to -600 points!
so when the economy is doing great it is all because of trump and his brilliant plans

when the economy shits the bed whose fault is it? the dems? not trump right... he only takes credit when things are good
 Quoting: YOU ARE ALL DUMB


I like trump but that's only problem I see - any Austrian Economist will tell you the entire ecosystem has been in a massive bubble for the past 10 years, and it's been waiting to pop - Trump should be more honest about this.

Sound Money policy is the ONLY thing that could prevent another recession, not a continuation of wild spending & speculation in the markets. For every stock 'winner' there is going to be 5 losers, et al.

Oh well, let's just add another trillion or so to the debt...what could go wrong.

Got Gold?
YOU ARE ALL DUMB

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Poland
10/11/2018 12:54 PM
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Re: DOW heading down again today!? Opens red! Goes to -600 points!
so when the economy is doing great it is all because of trump and his brilliant plans

when the economy shits the bed whose fault is it? the dems? not trump right... he only takes credit when things are good
 Quoting: YOU ARE ALL DUMB


I like trump but that's only problem I see - any Austrian Economist will tell you the entire ecosystem has been in a massive bubble for the past 10 years, and it's been waiting to pop - Trump should be more honest about this.

Sound Money policy is the ONLY thing that could prevent another recession, not a continuation of wild spending & speculation in the markets. For every stock 'winner' there is going to be 5 losers, et al.

Oh well, let's just add another trillion or so to the debt...what could go wrong.

Got Gold?
 Quoting: McShillin


i love how for the average person you cannot continue to exist being insanely in debt by spending more money... but the US which is trillions in debt, always just spends more and more

for any regular person they would be fucked if they just kept exponentially spending

but for the US govt it is fine to just spend trillions and trillions and never make a dent in the debt
YOU ARE ALL DUMB
Anonymous Coward
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10/11/2018 12:56 PM
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Re: DOW heading down again today!? Opens red! Goes to -600 points!
so when the economy is doing great it is all because of trump and his brilliant plans

when the economy shits the bed whose fault is it? the dems? not trump right... he only takes credit when things are good
 Quoting: YOU ARE ALL DUMB


To me, the economy won't be doing great until wages are naturally higher- because of supply and demand of workers, and people can more easily start a small business, so there can be a resurgence of the middle class and not just more working poor.





GLP