1. #1
    MinnesotaFats
    MinnesotaFats's Avatar Become A Pro!
    Join Date: 12-18-10
    Posts: 14,757
    Betpoints: 1664

    Heads up...stock market to plunge Monday AM

    No joke

  2. #2
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    Lol

  3. #3
    Miavia
    Just Bring it...
    Miavia's Avatar Become A Pro!
    Join Date: 10-12-15
    Posts: 401
    Betpoints: 25

    Not good....My portfolio has taken a huge hit...Profits from the past 3 years have all been wiped out. Not good....

  4. #4
    sourtwist
    not a non pro
    sourtwist's Avatar Become A Pro!
    Join Date: 11-09-12
    Posts: 9,364
    Betpoints: 548

    Anything to Make Trump look bad

    They will do anything to win in 2020

  5. #5
    grease lightnin
    &
    grease lightnin's Avatar Become A Pro!
    Join Date: 10-01-12
    Posts: 16,015
    Betpoints: 3185

    Futures are up.

    With that said, strength has turned to weakness as the day has gone on lately

  6. #6
    Booya711
    Big Dikk Energy
    Booya711's Avatar SBR PRO
    Join Date: 12-20-11
    Posts: 27,328
    Betpoints: 16169

    Relying on investments will bury you....sugar mamas wont
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: daneblazer

  7. #7
    MinnesotaFats
    MinnesotaFats's Avatar Become A Pro!
    Join Date: 12-18-10
    Posts: 14,757
    Betpoints: 1664

    Quote Originally Posted by grease lightnin View Post
    Futures are up.

    With that said, strength has turned to weakness as the day has gone on lately
    Trump literally just called the national bank ceos and initiated plans for protection expecting a disaster this week

    Just happened...something is lurking in the Dem political playbook that is going to shake our Country here pretty hard...

    Indictments? Impeach notice? IDK

  8. #8
    joey sangria
    joey sangria's Avatar Become A Pro!
    Join Date: 08-30-18
    Posts: 119
    Betpoints: 819

    My best suggestion is to buy gold............as the economy gets worse, Bitcoin (alternative currency) and gold will improve.

  9. #9
    pavyracer
    MOLON LABE
    pavyracer's Avatar SBR PRO
    Join Date: 04-12-07
    Posts: 82,189
    Betpoints: 446

    Trump owns this mess. He needs to address the nation and explain why the stock market tanked.

  10. #10
    MinnesotaFats
    MinnesotaFats's Avatar Become A Pro!
    Join Date: 12-18-10
    Posts: 14,757
    Betpoints: 1664

    Consumer confidence based on political rhetoric

    Business is doing great

    Dollar is doing great

    Energy prices low

    But....

    When political parties are negative it effects consumers psyche and they don't buy houses, boats, new cars or invest.

    Its why 75% of Americans own no wealth- they listen to the news

    But US economy based on consumer discretionary spending (and discretionary income and employment at all time high)

    Trump has explained it, he's given every citizen a golden opportunity to make boat loads of cash in just 2 years, but 18 yr old snowflakes on college campuses vote for "change" thinking they'll get their student loans forgiven od because Trump is the devil.

    Purely political, no true rational behind the drop (may have been over valued but fundamentally strong)

  11. #11
    grease lightnin
    &
    grease lightnin's Avatar Become A Pro!
    Join Date: 10-01-12
    Posts: 16,015
    Betpoints: 3185

    Quote Originally Posted by MinnesotaFats View Post
    Trump literally just called the national bank ceos and initiated plans for protection expecting a disaster this week

    Just happened...something is lurking in the Dem political playbook that is going to shake our Country here pretty hard...

    Indictments? Impeach notice? IDK


    I saw the Treasury Secretary held calls with Bank CEOs.
    News has been out for hours. Where are you getting your info? Link?

  12. #12
    MinnesotaFats
    MinnesotaFats's Avatar Become A Pro!
    Join Date: 12-18-10
    Posts: 14,757
    Betpoints: 1664

    Im in private finance, came from BofA

    Nobody has the answer yet, but we're all on notice to expect the unexpected i guess...

  13. #13
    mynameismud
    mynameismud's Avatar Become A Pro!
    Join Date: 02-13-12
    Posts: 5,461
    Betpoints: 8433

    i have 8k in the market. the rest of my "net worth" is in a fukking money maket at 2% because im terrified of losing everything in the NYSE. my days of being diversified are over for the time being.

  14. #14
    sourtwist
    not a non pro
    sourtwist's Avatar Become A Pro!
    Join Date: 11-09-12
    Posts: 9,364
    Betpoints: 548

    anyone here know what the FED is?

    doesn't look like it

  15. #15
    gauchojake
    Have Some Asthma
    gauchojake's Avatar SBR PRO
    Join Date: 09-17-10
    Posts: 33,742
    Betpoints: 13428

    dollar cost averaging

    keep buying
    Points Awarded:

    homie1975 gave gauchojake 2 Betpoint(s) for this post.

    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: homie1975

  16. #16
    kyhawk
    kyhawk's Avatar Become A Pro!
    Join Date: 06-21-08
    Posts: 952
    Betpoints: 7848

    Look for a quick one day rebound. Volatility is the new norm for a while then a big dropoff.

  17. #17
    d2bets
    d2bets's Avatar SBR PRO
    Join Date: 08-10-05
    Posts: 39,779
    Betpoints: 21809

    Quote Originally Posted by kyhawk View Post
    Look for a quick one day rebound. Volatility is the new norm for a while then a big dropoff.
    Very possible. No offense t6o Minny, but his thread looks like a good fade. I'm thinking markets pop 1.5% in short trading tomorrow.

  18. #18
    MinnesotaFats
    MinnesotaFats's Avatar Become A Pro!
    Join Date: 12-18-10
    Posts: 14,757
    Betpoints: 1664

    Never know

    I honestly hope you're right

  19. #19
    CWD
    Update your status
    CWD's Avatar Become A Pro!
    Join Date: 01-21-12
    Posts: 7,667
    Betpoints: 190

    this guy made sure he got out the country first b4 he warned anyone

    thanks pal
    Points Awarded:

    MinnesotaFats gave CWD 1 SBR Point(s) for this post.


  20. #20
    5mike5
    NA$CAR PSYCHIC
    5mike5's Avatar SBR PRO
    Join Date: 09-21-11
    Posts: 51,051
    Betpoints: 29271

    So its the same as every other day lately

  21. #21
    MinnesotaFats
    MinnesotaFats's Avatar Become A Pro!
    Join Date: 12-18-10
    Posts: 14,757
    Betpoints: 1664

    So much for futures

    Not the plunge yet

    SP into bear territory

    5% drop this week still on table...

  22. #22
    grease lightnin
    &
    grease lightnin's Avatar Become A Pro!
    Join Date: 10-01-12
    Posts: 16,015
    Betpoints: 3185

    Merry Christmas. Happy New Year.
    Last edited by grease lightnin; 12-25-18 at 09:22 AM.

  23. #23
    homie1975
    homie1975's Avatar SBR PRO
    Join Date: 12-24-13
    Posts: 14,899
    Betpoints: 11252

    Minny I want u posting in my and our stock thread please

  24. #24
    hubie69
    I am JJs bookie
    hubie69's Avatar Become A Pro!
    Join Date: 09-16-10
    Posts: 7,329
    Betpoints: 617

    People are fearful, good buying opportunities over the next 6-12 months

  25. #25
    hostile takeover
    hostile takeover's Avatar Become A Pro!
    Join Date: 12-06-09
    Posts: 2,257
    Betpoints: 5372

    My Forex accounts seem to be doing a-okay. What's the big deal here?

  26. #26
    KVB
    It's not what they bring...
    KVB's Avatar SBR PRO
    Join Date: 05-29-14
    Posts: 74,849
    Betpoints: 7576

    Quote Originally Posted by sourtwist View Post
    anyone here know what the FED is?

    doesn't look like it
    Think again pal.

    Started a thread on it once.

    We know it's neither Federal, a banking system, nor has reserves.

    Yes, the Creature is out and once again running rampant.


  27. #27
    KVB
    It's not what they bring...
    KVB's Avatar SBR PRO
    Join Date: 05-29-14
    Posts: 74,849
    Betpoints: 7576

    Quote Originally Posted by MinnesotaFats View Post
    So much for futures

    Not the plunge yet

    SP into bear territory

    5% drop this week still on table...
    That means it's nearly time to buy, not much more then 5% drop left before massive buying flies in form algos.

  28. #28
    KVB
    It's not what they bring...
    KVB's Avatar SBR PRO
    Join Date: 05-29-14
    Posts: 74,849
    Betpoints: 7576

    Worst Christmas eve in short trading day history.

    Starting to really like this market.

  29. #29
    pavyracer
    MOLON LABE
    pavyracer's Avatar SBR PRO
    Join Date: 04-12-07
    Posts: 82,189
    Betpoints: 446

    Replace Monday with any day of the week. Trump has the US economy in a freefall.

  30. #30
    sourtwist
    not a non pro
    sourtwist's Avatar Become A Pro!
    Join Date: 11-09-12
    Posts: 9,364
    Betpoints: 548

    Quote Originally Posted by pavyracer View Post
    Replace Monday with any day of the week. Trump has the US economy in a freefall.
    Lol

    Ok

  31. #31
    gauchojake
    Have Some Asthma
    gauchojake's Avatar SBR PRO
    Join Date: 09-17-10
    Posts: 33,742
    Betpoints: 13428

    Unless you are retired or retiring soon, this is as they say a "nothing burger"

  32. #32
    sourtwist
    not a non pro
    sourtwist's Avatar Become A Pro!
    Join Date: 11-09-12
    Posts: 9,364
    Betpoints: 548

    End the FED

    All of your problems begin and end at the FED

    time to look at the root of all of our problems

    End the FED

  33. #33
    Harry N. Lloyd
    Harry N. Lloyd's Avatar Become A Pro!
    Join Date: 03-26-08
    Posts: 4,810
    Betpoints: 12926

    Take Portland +6.5 tonight. You'll win it all back.

  34. #34
    thechaoz
    2019 SBRs Toughest Poster
    thechaoz's Avatar Become A Pro!
    Join Date: 10-23-09
    Posts: 12,155
    Betpoints: 35902

    Quote Originally Posted by sourtwist View Post
    Anything to Make Trump look bad

    They will do anything to win in 2020
    How about the greatest loss of wealth in the S&P since the great depression?

    That's called a fact.

  35. #35
    sweethook
    sweethook's Avatar SBR PRO
    Join Date: 11-21-07
    Posts: 12,657
    Betpoints: 10620

    nows the best time to buy , gl

1234 ... Last
Top