Breaking! DJIA (stock market) to fall below 30K today? | |
Danger Dan
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Lady Jane Smith
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Jumpin Jack
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Anonymous Coward User ID: 82677839 Singapore 09/22/2022 10:15 AM Report Abusive Post Report Copyright Violation | banks are selling off this is going to turn ugly as shit golds getting fucking smashed too microsoft and google are holding steady though microsoft mus be a zombie company by now and google probably be a cooked goose soon also all its does is show opening hours and link homepages thats penny stock material |
Anonymous Coward User ID: 81785128 Switzerland 09/22/2022 10:16 AM Report Abusive Post Report Copyright Violation | something bad is happening Quoting: Anonymous Coward 82677839 their is a sudden downward swing like a deep undercurrent Yes. It's the 3 confirmed quarter os contraction meaning a deep recession incoming. You've been warned. Plan accordingly what does that mean though? plan? plan what... if there is a crash . everything is going to be worthless. we are going to live day to day just to get by... |
Anonymous Coward User ID: 80257640 United States 09/22/2022 10:18 AM Report Abusive Post Report Copyright Violation | LOL. Always a foreigner. Most folks here have a stake in the market, whether they're gamblers or not. No one with a 401K who wants to retire is hoping for a carsh and burn. It may fall, but it will mirror the economy. As long as people are still earning, they are still contributing to the system. It would take mass layoffs, not just a few Fedex or Amazon workers. It would need to be huge swaths of the industries. And that's not going to happen because... We are tooling up for war. |
Anonymous Coward User ID: 81785128 Switzerland 09/22/2022 10:19 AM Report Abusive Post Report Copyright Violation | LOL. Always a foreigner. Most folks here have a stake in the market, whether they're gamblers or not. No one with a 401K who wants to retire is hoping for a carsh and burn. It may fall, but it will mirror the economy. As long as people are still earning, they are still contributing to the system. It would take mass layoffs, not just a few Fedex or Amazon workers. It would need to be huge swaths of the industries. And that's not going to happen because... We are tooling up for war. stock market is worthless crap that has NO effect on people's day to day lives. |
Lady Jane Smith
Forum Administrator 09/22/2022 10:19 AM Report Abusive Post Report Copyright Violation | I still say... Death by a thousand cuts. It could settle under 30K but it will be little by little. No hard carsh. Quoting: Anonymous Coward 80257640 If a tactical nuke is deployed -- hard crash. All bets are off. Otherwise, I agree, that agonizing drift down like 2008-2009, along with a nasty dose of stagflation. Maintain a stop market order, preferably in profit, on all your stocks. I said stop market, not stop limit. Why? because if that nuke does fly, the crash will be hard and fast, meaning a stop limit may not execute in time to protect your original investment. Good luck to all. Fate whispers to the warrior "You cannot withstand the storm" the warrior whispers back "I am the storm" INTJ-A |
Anonymous Coward (OP) User ID: 81572744 United States 09/22/2022 10:21 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 81785128 Switzerland 09/22/2022 10:21 AM Report Abusive Post Report Copyright Violation | I still say... Death by a thousand cuts. It could settle under 30K but it will be little by little. No hard carsh. Quoting: Anonymous Coward 80257640 If a tactical nuke is deployed -- hard crash. All bets are off. Otherwise, I agree, that agonizing drift down like 2008-2009, along with a nasty dose of stagflation. Maintain a stop market order, preferably in profit, on all your stocks. I said stop market, not stop limit. Why? because if that nuke does fly, the crash will be hard and fast, meaning a stop limit may not execute in time to protect your original investment. Good luck to all. LOL the 2008/2009 crash was some small time shit that was basically the housing bubble crashing. |
Lady Jane Smith
Forum Administrator 09/22/2022 10:21 AM Report Abusive Post Report Copyright Violation | something bad is happening Quoting: Anonymous Coward 82677839 their is a sudden downward swing like a deep undercurrent Yes. It's the 3 confirmed quarter os contraction meaning a deep recession incoming. You've been warned. Plan accordingly That, and a maintained inverted yield curve. I am putting some $$$ into the 1 year note today at 4%. Why? 4% is better than nothing, and I expect yield rates to increase over the next 12 months. Hoping to roll that into a double digit yield, longer term note next year. Fate whispers to the warrior "You cannot withstand the storm" the warrior whispers back "I am the storm" INTJ-A |
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Anonymous Coward User ID: 82677839 Singapore 09/22/2022 10:24 AM Report Abusive Post Report Copyright Violation | something bad is happening Quoting: Anonymous Coward 82677839 their is a sudden downward swing like a deep undercurrent Yes. It's the 3 confirmed quarter os contraction meaning a deep recession incoming. You've been warned. Plan accordingly looks like your right im trying to get the figures now |
Anonymous Coward User ID: 81785128 Switzerland 09/22/2022 10:24 AM Report Abusive Post Report Copyright Violation | I still say... Death by a thousand cuts. It could settle under 30K but it will be little by little. No hard carsh. Quoting: Anonymous Coward 80257640 If a tactical nuke is deployed -- hard crash. All bets are off. Otherwise, I agree, that agonizing drift down like 2008-2009, along with a nasty dose of stagflation. Maintain a stop market order, preferably in profit, on all your stocks. I said stop market, not stop limit. Why? because if that nuke does fly, the crash will be hard and fast, meaning a stop limit may not execute in time to protect your original investment. Good luck to all. I got 30,000 in my water/fireproof/emp proof safe. I got my hazmat suits ready to go. I got cans upon cans for months of food to live off of 2 generators are ready and filled. Got my medical supplies all ready in containers. Got led lanterns that last very very long, solar powered battery banks and cb, ham radios, along with handheld walkie talkies. LETS GOOOOO |
Anonymous Coward User ID: 84127244 United States 09/22/2022 10:25 AM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 84227855 Australia 09/22/2022 10:27 AM Report Abusive Post Report Copyright Violation | I think I might even take half of my cash out of the bank. Was plannig to buy more silver and prob some gold with it anyway, but I think I want a stack of cash in case some really dumb shit happens. Blah blah cash worth nothing I know, but that’s a way off yet, if the world shits itself in 6 months it’s pretty likely your bankcard might not be very reliable. |
Anonymous Coward User ID: 80257640 United States 09/22/2022 10:31 AM Report Abusive Post Report Copyright Violation | something bad is happening Quoting: Anonymous Coward 82677839 their is a sudden downward swing like a deep undercurrent Yes. It's the 3 confirmed quarter os contraction meaning a deep recession incoming. You've been warned. Plan accordingly That, and a maintained inverted yield curve. I am putting some $$$ into the 1 year note today at 4%. Why? 4% is better than nothing, and I expect yield rates to increase over the next 12 months. Hoping to roll that into a double digit yield, longer term note next year. Agreed, a safety net when you feel uncertain will help you sleep better at night, but with inflation, it's still a loss. I would consider a few things. We are tooling up for war. I would consider defense industries, like Lockheed Martin and Raytheon. It takes time to build hardware, and they know it. So orders are already up. If we end up not going to war, anything we build is easily sold to other countries over time, so there are no scratch and dent sales of armaments. No closeouts. But if you are sure all sectors will lose and inflation will improve, a 1 year note would make sense. |
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