DOW set for a 350 point drop at open as tech slides again! Opens down 400 points! Close at -554!

they're pumping as much Federal Reserve Funny Money
into the Market as they can, to prop it up.

Interest rates were increased to offset the rapid increase in housing prices.

See tards, when the price housing goes up too high, people can't spend money on other shit. So retail sales take a hit.

Low interest rates make it hard for the bond market (10x+ larger than the stock market) and corporate liquidity for payrolls become pinched.

Money is moving out of stocks into more stable long term yield bonds.

Tech companies are over valued, as is the whole stock market in general.

This is not a crash. This is a knee jerk reaction and bears taking advantage with puts.

By December, once the sales numbers come in, all this hype will be a faded memory in lieu of the next doom boner.

yup

The reason long term investing works is because the market is emotional, because people are emotional. There are just a couple days out of the year, generally speaking, that make up the losses and get the market into the overall average of 12%

Sometimes there are down years!

Yet the market sustains 12%

12% doesn't sound like much until you consider compounding. Compounding the 12% generates a doubling of your total invested assets every 6 years!!

10k becomes 20k in the first 6 years. The next 6 years (12 total) you're at 40k, year 18 and you're up to 80k without lifting a finger...

There are more 401k millionaires than ever before...I will never touch mine.

I'll take 12% any day

Closing number?

mmm hm, making money out of fat air.

it's all stolen from other reserves around the world, and shifted around like a hot potato.

absolutely nothing legitimate about the "stole" market.

if you are retired or close to retirement...

might be a good time to convert about 90 percent of yer millions and buy physical PM and stick it in yer safe...


oh, btw, yer avatar is making me talk funny...





yep and Amen.

Delusional investors overwhelming the thread right now!

Look, I have serious sources that indicate the following:

1) Oil is crashing and the crash is terminal. Producers will go bankrupt and a lot of EM economies will implode in the coming months. Oil will hit mid-20's USD per barrel by next January-February. The current start of a bear market is the second phase of an event that started with the EM crisis. The events will end several months from now (maybe a year) with an hyperinflation of commodities and massive deflation of assets in the whole Western World.
2) The FED and Powell (US elites) are trying to crash the world before the economic cycle hits USA. They are not going to stop to raise rates. This situation leaves USA receiving massive inflows of capital from EM, Europe and Japan.
3) If you see the long-term trend of interest rates (FED funds rate) in USA, a trendline has been broken for the first time since the 80's. Each time this trend was touched, it triggered a recession - this time, the trend has already been broken - they are deliberately trying to crash the system in a "controlled way". What is more concerning; if a new economic recession hits us, Europe and Japan lack of monetary tools to offset any recession and kickstart the economy.
4) Brexit is the key. They are trying to implement and put in place a hard-Brexit. When it happens, Britain will be isolated from the rest of the world and the "event" will start. British will not be able to come to Europe to abandon a collapsing island.
5) When the "event" (the destruction of the current monetary system after a Minsky Moment takes place) occurs, entire nations will fail. Above all, those nations which run commercial deficits and are not energy independent.
India, Pakistan, Argentina, Brazil, Malaysia, Indonesia, the Middle East, North Africa... will collapse first, then it will spread to the core. People will be slaughtered like flies in cities across USA, Canada, United Kingdom, France, Spain, Italy... your only hope when that happens is to move to the countryside really fast and have stockpiles.
6) When the event is over a new economic system will be implemented. They hope to deal with this event in a controlled way, but there is a serious possibility that it ends in a war involving Russia and China vs the USA. The elites want Russia's resources and natural gas and Putin knows it. He is no saint, but he is hiding his cards at the moment.
7) Don't count on Trump, he will be probably replaced by Pence and his fellow advisers. He will probably feel "sick" during the next months and be replaced as he could thwart these plans.


--------------------------------

The above episode could be fiction or not. The outcome could be different depending on Brexit. Believe it at your own peril.

Last Edited by Spanish_guy on 11/20/2018 01:15 PM

A sure sign that democrats are coming back into congress

Crucial week. Several funds have already told their clients to go to cash.

Yep correct. If you look at the bigger picture 2007/2008 was also but a small bump. Stock market will always go up.

Those who say no are those who are poor and always will remain poor.

Every market I research housing prices are going down.

we will see if you are correct

Back to -500

Next 2 hours going be bumpy ride

I hope I am not, but I am afraid that the next financial crisis will have a serious impact on the whole world, a systemic impact! (Even if my above "prediction" turns out not to be accurate in the short-term!

Uh oh

-522

It would also fit biblically so would the war part

with Russia and China! Only part Im not sure about

is the hard Brexit. London can write its own trade deals

Last Edited by Slowly awakening on 11/20/2018 01:30 PM

Last time several funds said this was in 2008. Some of them are nervous.

Well shit.Paper money will be worthless if shits hits the fan.I don't have gold and silver I'm fucked in that situation

Many are fucked

I only have gemstones.Only but maybe it will save my ass!

Probably but not very long

We still got 2 hours left!