[mpaschal34]

china down again big (6%)....expect another bad day tomorrow.

[El Nino]

china down again big (6%)....expect another bad day tomorrow.

Looks like Dow, Nasdaq, S&P all up over 2.1% in pre market. Will be fine.

[jjgold]

It's funny how after the fact people say oh just buy


Nobody knows anything about financial markets it's all random

[Ralphie Halves]

It's funny how after the fact people say oh just buy


Nobody knows anything about financial markets it's all random

Stop already. Nothing random about it.

And I don't think this is over by a long shot. That retracement I spoke of earlier looks like it's happening.

[floridagolfer]

I'm not saying we're at a bottom, but there are some good companies whose stock is 20 or 25 percent cheaper than it was 30 days ago. There often is no reason for what the market does; you simply have to accept that or you'll go nuts trying to figure it out.

The one thing I'll never understand is these talking heads on TV, and their "experts," who think $38 oil is a bad thing. It can only be good for the U.S. economy.

[brooks85]

No, because I don't trade on calling bottoms and tops. Markets can and do stay "oversold" for a long long time. No interest in playing that game. I'll let everyone else try to figure that one out.

Possibility of buying silver in the future, but not high on the list right now.

.


At that point, what I described, would not be "trading" it would be investing. So if a market stays oversold for 20 years it doesn't matter, looking at 20+ year horizon. No matter how you slice it, leaving easy money on the table. Historically market goes up 2 out of every 3 years. In the long run, you can't lose. That noble janitor a year ago who passed away is the prime example; school janitor his whole life so obviously not making very much, put all his extra income in the market after charity and passed away with $8million. And the guy didn't make any financially savvy moves or trades, he just invested in what he knew and paid dividends.



Calling a bottom isn't hard for me so far, sure wasn't after the last two crashes. All about P/E ratio, who knows what happens when it gets to high but I can guarantee what will happen when it gets too low.



and I got the same silver trade in my pocket for the future, same with oil.

[jjgold]

nobody knows if market goes up or down daily

Its why daily line is like -115 either way

[brooks85]

probably going to be a lot of swings this week

vix should do well

[TheMoneyShot]

Still not sold on this HOT START. I still say it ends close to zero with hardly any gain.

[opie1988]

nobody knows if market goes up or down daily

Its why daily line is like -115 either way

Uhhh....not sure where you're coming up with this?? Open your eyes, motherfukker.

There's LOTS of guys posting here that know EXACTLY what the market is going to do. Some of them can even tell you what will be happening years from now.

Scary to think how much money these guys must be making.

#eliteforum
#blessed

[recon1]

C'mon cheerleaders of this beast system. Refinance your house quick and dump it all in Apple, caterpillar or my favorite Olin.
Today is the day the peasants eat! Hoo rah!
GET SOME!

[TheMoneyShot]

Called it. We're still in some serious trouble... don't care what all the hot shots say. Break even doesn't mean dik.

[jjgold]

market faded late

not a good sign

[TheMoneyShot]

People getting buried left and right. Jumping out of buildings tomorrow...

[sourtwist]

15,666.44

Interesting numbers. Possibly a signal?

[Ralphie Halves]

.


At that point, what I described, would not be "trading" it would be investing. So if a market stays oversold for 20 years it doesn't matter, looking at 20+ year horizon. No matter how you slice it, leaving easy money on the table. Historically market goes up 2 out of every 3 years. In the long run, you can't lose.

Just an example. Not saying this pertains to you or anyone else.

Say you have Stock A that was at 100 last week, and it drops to 60 this week. Everyone gets all excited, and says "wow, Stock A is 40% cheaper that it was last week!! Buy it!" And mathematically they are correct of course, but that doesn't mean Stock A is "cheap". Big mistake assuming that. Lots of things go into a stock being over or under-valued, far more than what most people just look at.

Then it drops to 50, then 40, then all the way to 20.

Problem is, you bought it at 60. Now your sure thing needs to go up by 300% for you to break even. Stock A had to close a bunch of stores and reposition its finances on a much smaller scale. Chances of you breaking even now are nil.

You may have gotten a couple right, but it just takes one of these to undo all of it.

The market loves it when the public think they're smarter than them and reacts accordingly. Freakin loves it.

[newguy]

I'm not saying we're at a bottom, but there are some good companies whose stock is 20 or 25 percent cheaper than it was 30 days ago. There often is no reason for what the market does; you simply have to accept that or you'll go nuts trying to figure it out.

The one thing I'll never understand is these talking heads on TV, and their "experts," who think $38 oil is a bad thing. It can only be good for the U.S. economy.

Here is one way it could be bad: according to American Petroleum industry, 9.8m people work in oil and gas related industries. That number is inflated but let's assume it's half right. That's almost 5 million people who rely on an industry that may see revenues cut by a third. When revenues get that low you can't invest in new machinery or new oil fields meaning jobs are lost in multiple places.

Slow shifts in the economy are good. When we move from oil to solar for instance, that trains new people on things, cutting edge technology and all that. drastic ones are hurtful because it puts too many out of work at the same time and the economy can't absorb them!!

[Ghenghis Kahn]

dow 10,000 imminent. some are saying dow 5000.

[TheMoneyShot]

dow 10,000 imminent. some are saying dow 5000.

We're always going to get inflated numbers by corps. I would say 10,000 is about right. I have no clue how fast it will get to 10 though?

1. How do the Rich constantly trade on the Rich? It's practically impossible. (They never wanted the middle class in this market anymore. And you need them to balance this thing out.)

2. How does government constant aid to 50% - 60% of the USA citizens affiliate with the market? It has to be negative in some fashion.

Regardless if the market collapses now or later.... it will eventually do so. There is nothing backing this thing up... the market HAS ZERO BACKBONE. It never had one.

[Git Lo]

How do rich trade the rich?
Asset inflation they have been doing it the last several years, see income inequality also see QE4 (coming soon)

[newguy]

We're always going to get inflated numbers by corps. I would say 10,000 is about right. I have no clue how fast it will get to 10 though?

1. How do the Rich constantly trade on the Rich? It's practically impossible. (They never wanted the middle class in this market anymore. And you need them to balance this thing out.)

2. How does government constant aid to 50% - 60% of the USA citizens affiliate with the market? It has to be negative in some fashion.

Regardless if the market collapses now or later.... it will eventually do so. There is nothing backing this thing up... the market HAS ZERO BACKBONE. It never had one.

Disagree with the backbone. The market At is core is based on sound fundamentals. All the buildings the companies own, all the product, that is worth something. The problem is that the market has gotten away from fundamentals and is totally driven by derivatives. People "betting" on things without the financial means to absorb that true risk. Everyone manages to quarterly reports and not long term success. I'm a Chicago booth grad heavily educated in those instruments and I truly believe that is going to be the downfall of the economy.

We saw it in housing. The banks didn't penetrate up, investors needed more and more so banks took more and more chances and sold that risk to consumers. Consumers couldn't actually absorb that risk and boom. Collapse. I'm a believer in free markets but the derivatives mean the market cap and true value are very different numbers and that spread can kill the economy.

[recon1]

“Then when the Lamb opened the third seal I heard the third living creature saying, “Come!” So I looked, and here came a black horse! The one who rode it had a balance scale in his hand. Then I heard something like a voice from among the four living creatures saying, “A quart of wheat will cost a day’s pay and three quarts of barley will cost a day’s pay…”

[recon1]

Double up and put all faith in this beast system.

GET SOME!!

[jjgold]

bear market for a while

have to pick your spots men

[recon1]

The dow finished at 15,666.44.

15- the year

666- Satan

44- Obama 44th President.

Nothing to see here move along, double up and get some!

[sourtwist]

Ok, I'll try again.

Dow closes down over 200 points after a day which looked like a small recovery.

Dow finishes the day at a strange number.

15,666.44

2015

666

Obama 44th pres

Amazing coincidence, or no coincidence at all?

[sourtwist]

The dow finished at 15,666.44.

15- the year

666- Satan

44- Obama 44th President.

Nothing to see here move along, double up and get some!

Recon, u can't be serious.... Omg

Great minds think alike

[recon1]

Recon, u can't be serious.... Omg

Great minds think alike

Yea, it's all in the numbers. Satan loves his numbers. God communicates in numbers as well.

[sourtwist]

And by the way, on November 5th the day of Obama winning the election, the pick 3 for Illinois was, guess what?

666

[gauchojake]

Serta or Sealy

Which mattress should I be hiding my money under?

[sourtwist]

Serta or Sealy

Which mattress should I be hiding my money under?

Midnight gardening

[recon1]

And by the way, on November 5th the day of Obama winning the election, the pick 3 for Illinois was, guess what?

666

Most will not understand this symbolism, but God let's un know the time of the season.

[recon1]

Serta or Sealy

Which mattress should I be hiding my money under?

Neither, buy food water and for you a bible. God-luck

[gauchojake]

Neither, buy food water and for you a bible. God-luck

More bullets you say?

[jjgold]

I doubt many here even have 5k to invest

markets for the rich

middle class get chewed alive