Financial Markets Are Devastated Today..One Of Bigger Crashes In A Long Time

[homie1975]

right now it *appears* to be more than a dead cat bounce, it appears more solid than that.

but one more bit of bad Corona news and that could all go to hell and a handbasket

[homie1975]

Obama was just calling for credit not too long ago when the market was at an all time high, and the economy booming. Whose fault is it now? I lose track of all this shit. My neighbor stopped me today when I was leaving the house to tell me all about how the bubble is finally bursting, and we’re screwed. Similar to ‘08, but no amount of bailouts will save us. Maybe for a short amount of time only.

I guess he knew someone in ‘08 that was a big shot, and sat at the table with world leaders discussing how to save the economy. We were 48 hours away from a worldwide credit freeze. Trucks stopping, stores closing, and it would be every man for themselves since no money was moving.

He seems to think that this is gonna be Great Depression type shit coming up. After we stopped the gold standard in ‘71, we had a 50 year max of holding the market together, and time is up. Half of us will lose our jobs, and we go the way of Venezuela. We will need to go back to gold, and silver behind us. Something backing the dollar. This is just the beginning of our demise, and the market is gonna go as low as 5K.

Or everything needs to go digital, and/or the way of crypto currency. The powers at be will have their finger on the pulse of everything, and we finally go away from cash completely. I don’t know. Guy sounds like a conspiracy nut who takes what he sees from some guy on YouTube as the gospel. I guess this guy called the market crashing a few weeks ago.

So, my neighbor is telling everyone how he called it, and saw it all coming. Guy was talking to me like I’m a moron, per the usual, like he always does. Explaining to me how buying stocks on the margin works like I have no clue. And that those who do so just learned that they owe now when the market dipped.

He’s been studying this shit for the past 5 years, and thinks I may have missed 2008 since I was only 20. I didn’t mention to him how I got involved in 2009 when I had a quarter mil thrown at me, which was mostly in stocks. Easier to just make the guy feel smart, and act dumb. He once told me that I reminded him of his autistic son because I’m antisocial, and weird. Until he saw me come home with some blonde dime. Which I have no recollection of, but then he changed his thoughts on me to just being a junkie. Guy needs attention, and to be smarter than everyone, but fck it I care. I just smile, nod, and act like a big ole dummy. Prepare for the worst, if you believe him. He says that if the market made you feel rich after it’s rise, that you’ll be in for a rude awakening soon.

I tend to think that a lot are thinking that way and selling off. It will bounce back.

i can tell your neighbor is completely biased. i have a buddy just like your neighbor. he hates trump. took all of his money out of the market the morning after trump took out hillary. my buddy is just salty he has missed the last 3+ years incredible market run. so keeps saying every time there's a correction, that this is the bubble bursting. one day, your neighbor and my friend will be right, but in the meantime they keep missing their guesses and they keep hating on all of us who are riding this great wave.


market in bright green today

[RoyBacon]

Power buying

Everything UP

oil, gold, stocks, bonds, everything

[homie1975]

Power buying

Everything UP

oil, gold, stocks, bonds, everything

ROYer I am worried about the weak-hands who held last week and are now looking for their chance to get out higher than they would have on Thurs. I feel like we have not flushed them all out yet.

you?

[homie1975]

3 more corona deaths near seattle. market has lost half its gains since the news broke

[homie1975]

and now the DOW back up over 800 pts. wow

[jjgold]

The markets for a wild I still think we’re going to see a lot of big down days

[jjgold]

epic disaster on our hands

30 YEAR YIELDS GO FUKKIN NUTS

[guitarjosh]

epic disaster on our hands

30 YEAR YIELDS GO FUKKIN NUTS

where are you getting bond info?

[jjgold]

it is going fukkin nuts
highest its ever been

SCARY NOW

https://www.investing.com/rates-bonds/us-30-yr-t-bond

[HockeyRocks]

Market crashing

Coronavirus spreading

Putin going to war over the oil shale industry.

The Fat Kid in S. Korea shooting off more missiles.

And we have an imbecile in the WH... What else could go wrong??

[Bostongambler]

Market crashing

Coronavirus spreading

Putin going to war over the oil shale industry.

The Fat Kid in S. Korea shooting off more missiles.

And we have an imbecile in the WH... What else could go wrong??

Plus the Red Sox let me down this offseason

[jjgold]

The markets going to lose about 70 of its value in the next three months

[Bostongambler]

On the bright side if you don’t mind tying up money for a while there certainly are tons of bargains out there.

[DoctorStrong]

Monday should be down again

[HockeyRocks]

Plus the Red Sox let me down this offseason

Living in NE i grew up a Red Sox fan when Tom Yawkey was the owner and my favorite players were Jimmy Piersall, Don Buddin, Malzone, Tony C. George Scott. Yas and on and on...How far back to yuo go??

[HockeyRocks]

Monday should be down again

Pre Market futures are down over a 1000 points.....I would think so.

[Bostongambler]

Living in NE i grew up a Red Sox fan when Tom Yawkey was the owner and my favorite players were Jimmy Piersall, Don Buddin, Malzone, Tony C. George Scott. Yas and on and on...How far back to yuo go??

I remember George ( Boomer) Scott and Yax, but only heard of the others . Never seen them play. Are you 80-90’s?

[DoctorStrong]

Pre Market futures are down over a 1000 points.....I would think so.

they might bounce back overnight

[HockeyRocks]

I remember George ( Boomer) Scott and Yax, but only heard of the others . Never seen them play. Are you 80-90’s?

Are you asking about my age or?

[JIBBBY]

Up and down market for now with the Coronavirus still spreading..

That's the way it goes with the media pumping the panic message out to the public day after day..

[grease lightnin]

The markets going to lose about 70 of its value in the next three months

Bold statement

[Bostongambler]

Are you asking about my age or?

Lol... Well I shouldn’t, but I guess I am.

[guitarjosh]

Bold statement

That's JJ for you

[HockeyRocks]

Lol... Well I shouldn’t, but I guess I am.

73, I used to go to Fenway Park alot. Stay at the Hotel Kenmore in Kenmore Square. Saw Ted Williams play once that i remenber...But mostly 50-60-70's. Was at Fenway the day they won the Pennant in 67. Lonborg was the pitcher. Petrocelli caught the last out...Fenway went crazy...Jackie Jensen, Jose Tartabull, Delock, Monbo, Raddatrz, Foy, Dick Stuart. Gary Geiger, Andrews, Schilling, Evans, Rice, Lynn.
Billy Rohr, i knew them all...

[gojetsgomoxies]

honestly,

the credit crisis slaughter, the recovery, the record low unemployment rate recently and the coronovirus slaughtering the economy are all MUCH BIGGER than trump, obama, george W etc... they would have happened with any president although George W didn't help things with some actions.......... to blame or give credit for any of this to obama or trump is completely asinine.

[gojetsgomoxies]

73, I used to go to Fenway Park alot. Stay at the Hotel Kenmore in Kenmore Square. Saw Ted Williams play once that i remenber...But mostly 50-60-70's. Was at Fenway the day they won the Pennant in 67. Lonborg was the pitcher. Petrocelli caught the last out...Fenway went crazy...Jackie Jensen, Jose Tartabull, Delock, Monbo, Raddatrz, Foy, Dick Stuart. Gary Geiger, Andrews, Schilling, Evans, Rice, Lynn.
Billy Rohr, i knew them all...

wow, love all those names. don't know them all. but some.

i was gonna say danny tartabull never played for red sox....... but never mind.

i recently read dick williams book. loved it.. i was expos fan.

[JIBBBY]

73, I used to go to Fenway Park alot. Stay at the Hotel Kenmore in Kenmore Square. Saw Ted Williams play once that i remenber...But mostly 50-60-70's. Was at Fenway the day they won the Pennant in 67. Lonborg was the pitcher. Petrocelli caught the last out...Fenway went crazy...Jackie Jensen, Jose Tartabull, Delock, Monbo, Raddatrz, Foy, Dick Stuart. Gary Geiger, Andrews, Schilling, Evans, Rice, Lynn.
Billy Rohr, i knew them all...

[HockeyRocks]

wow, love all those names. don't know them all. but some.

i was gonna say danny tartabull never played for red sox....... but never mind.

i recently read dick williams book. loved it.. i was expos fan.

Williams one for the best...he got everything out of his players..Expos, WOW!!! I think i went to the All-Star game there back in the 60's not sure....It use to be Parc Jerry, but i went to the new place..

[HockeyRocks]

Buckner will always be remembered for that play, poor guy had to live with it fior life..

[JIBBBY]

Buckner will always be remembered for that play, poor guy had to live with it fior life..

Yup...

[Bostongambler]

Those names are classic. Yes, I had Tartabull’s baseball card. Great names and great memories for you.

And poor Bill. He will always be remembered for that.

[Bostongambler]

I was in Utah watching in a hotel room when ball went under his legs.

[Bostongambler]

Just listen to Warren. It’s that simple. Invest in good stocks. Don’t know what market will do in 1 day, 1 week, 1 month, 5 years, but America will thrive and so will your stocks.

[HockeyRocks]

Those names are classic. Yes, I had Tartabull’s baseball card. Great names and great memories for you.

And poor Bill. He will always be remembered for that.

How about these: catchers Sammy White, the one and only Elston Howard and the only guy ive seen wave a foul ball fair Carlton Fisk.