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| 11:50 AM | ||
| Users Online Now: 2,047 (Who's On?) | Visitors Today: 672,112 | |
| Pageviews Today: 1,161,473 | Threads Today: 372 | Posts Today: 7,508 |
| 11:50 AM | ||
Breaking! DJIA (stock market) to fall below 30K today? | |
Lady Jane Smith
Forum Administrator  09/22/2022 10:32 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. Do some research. Then get back with us. That housing market crash dragged everything down with it. Now, go back to your Cheerios, the adults are talking. Fate whispers to the warrior "You cannot withstand the storm" the warrior whispers back "I am the storm" INTJ-A  |
| Lady Jane Smith
Forum Administrator 09/22/2022 10:33 AM Report Abusive Post Report Copyright Violation | Agreed, I’m wondering if it just inches down lower for a few weeks to a pretty bad low, and then boom... proper fkn crash. Quoting: Anonymous Coward 84227855 I’m getting my crypto off the exchanges within the next few days. Good idea. Many of those exchanges may fail, and you don't want your crypto lost. If you do not want to move into cash, at least move the crypto to your ledger. Fate whispers to the warrior "You cannot withstand the storm" the warrior whispers back "I am the storm" INTJ-A |
| Anonymous Coward User ID: 84127244  United States09/22/2022 10:33 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 84127244 United States09/22/2022 10:34 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 84127244 United States09/22/2022 10:34 AM Report Abusive Post Report Copyright Violation | |
| Lady Jane Smith
Forum Administrator 09/22/2022 10:34 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 I don't want to go, but yeah, ready for it too. Fate whispers to the warrior "You cannot withstand the storm" the warrior whispers back "I am the storm" INTJ-A |
| Anonymous Coward User ID: 84127244 United States09/22/2022 10:35 AM Report Abusive Post Report Copyright Violation | |
| Maddrummerboy
User ID: 84078998 United States09/22/2022 10:36 AM  Report Abusive Post Report Copyright Violation | We're in the process of finalizing our house plans, planning to break ground around December. Hopefully contractors will start to get desperate and reduce their costs. Also will be sitting on the sidelines to snag a couple smaller rental houses in our rural area of SE Texas, if we see a downturn around here. Lots of 6 figure jobs to be had in the oilfield and refineries so we may not see a drastic drop-off like other states |
| Anonymous Coward User ID: 82677839  Singapore09/22/2022 10:36 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 can't find much specifics but going by layoffs house sales etc the figures must be absurdly bad all im reading with a 3qrt gdp forecast search is sugar coated bs |
| Anonymous Coward User ID: 82677839 Singapore09/22/2022 10:38 AM Report Abusive Post Report Copyright Violation | We're in the process of finalizing our house plans, planning to break ground around December. Hopefully contractors will start to get desperate and reduce their costs. Quoting: Maddrummerboy Also will be sitting on the sidelines to snag a couple smaller rental houses in our rural area of SE Texas, if we see a downturn around here. Lots of 6 figure jobs to be had in the oilfield and refineries so we may not see a drastic drop-off like other states commodities will tank hard they are in a massive bubble look a gold getting fucked up the arse oil will crap too |
| Anonymous Coward User ID: 76423614 United States09/22/2022 10:41 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 80257640 United States09/22/2022 10:45 AM Report Abusive Post Report Copyright Violation | Think of the economy in one year terms. Where will you be in one year? Where will the economy be? They've taken your taxes. How will the government spend them in the next year? Who is the biggest buyer in the US? Buy stocks in the sure things. Buy what the biggest buyer is wanting and needing in the coming year. Those industries will be golden. |
| Anonymous Coward User ID: 84227855  Australia09/22/2022 10:49 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 78006233 United States09/22/2022 10:52 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 81785128  Switzerland09/22/2022 10:53 AM Report Abusive Post Report Copyright Violation | We're in the process of finalizing our house plans, planning to break ground around December. Hopefully contractors will start to get desperate and reduce their costs. Quoting: Maddrummerboy Also will be sitting on the sidelines to snag a couple smaller rental houses in our rural area of SE Texas, if we see a downturn around here. Lots of 6 figure jobs to be had in the oilfield and refineries so we may not see a drastic drop-off like other states commodities will tank hard they are in a massive bubble look a gold getting fucked up the arse oil will crap too i bought the SHIT OUT OF OIL STOCKS when it went to 0 for those few days a few years ago. i got a GREAT chunk of change when it will went back up and made bank and sold !  |
| Flying Elvii
User ID: 79356857 United States09/22/2022 10:58 AM  Report Abusive Post Report Copyright Violation | Agreed, I’m wondering if it just inches down lower for a few weeks to a pretty bad low, and then boom... proper fkn crash. Quoting: Anonymous Coward 84227855 I’m getting my crypto off the exchanges within the next few days. Fed will print however many dollars is required to pump the markets until election day. After that, look out below… |
| Anonymous Coward User ID: 83941170 United States09/22/2022 11:03 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. Im buying 4 week T bills at 2.67%. make more money turning them over every month. What if the 1 year goes higher and your stuck at 4. The yield curve is flattening out which will signal recession and Bidiot is going to jack the interest up to 4.6% next year,,,,Unemployment will go through the roof. |
| Anonymous Coward User ID: 84127244 United States09/22/2022 11:04 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 81572744 United States09/22/2022 11:04 AM Report Abusive Post Report Copyright Violation | Quoting: Anonymous Coward 78006233 Yah brah and the Value Line Index could drop below 8K. [link to www.marketwatch.com (secure)] |
| Anonymous Coward User ID: 84127244 United States09/22/2022 11:12 AM Report Abusive Post Report Copyright Violation | |
| Phennommennonn
Forum Administrator 09/22/2022 11:13 AM  Report Abusive Post Report Copyright Violation | Link goes to a search box? political correctness is a doctrine.... fostered by a delusional, illogical minority...... and rabidly promoted by an unscrupulous mainstream media; which holds forth the proposition that it is entirely possible to pick up a turd by the clean end. |
| Anonymous Coward User ID: 80367851 United States09/22/2022 11:14 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 84227855 Australia09/22/2022 11:14 AM Report Abusive Post Report Copyright Violation | |
| Lady Jane Smith
Forum Administrator 09/22/2022 11:14 AM Report Abusive Post Report Copyright Violation | We're in the process of finalizing our house plans, planning to break ground around December. Hopefully contractors will start to get desperate and reduce their costs. Quoting: Maddrummerboy Also will be sitting on the sidelines to snag a couple smaller rental houses in our rural area of SE Texas, if we see a downturn around here. Lots of 6 figure jobs to be had in the oilfield and refineries so we may not see a drastic drop-off like other states They may drop their labor charges, or plus up percentage, but the materials cost will still be there. This is a tough time to be building a new house. maybe consider a spec home a builder is desperate to unload? Fate whispers to the warrior "You cannot withstand the storm" the warrior whispers back "I am the storm" INTJ-A |
| Anonymous Coward User ID: 84234545 United States09/22/2022 11:15 AM Report Abusive Post Report Copyright Violation | |
| Lady Jane Smith
Forum Administrator 09/22/2022 11:17 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. Im buying 4 week T bills at 2.67%. make more money turning them over every month. What if the 1 year goes higher and your stuck at 4. The yield curve is flattening out which will signal recession and Bidiot is going to jack the interest up to 4.6% next year,,,,Unemployment will go through the roof. I'm only putting $50K in at the 4%. Fate whispers to the warrior "You cannot withstand the storm" the warrior whispers back "I am the storm" INTJ-A |
| Anonymous Coward User ID: 84127244 United States09/22/2022 11:17 AM Report Abusive Post Report Copyright Violation | |
| Phennommennonn
Forum Administrator 09/22/2022 11:19 AM Report Abusive Post Report Copyright Violation | I'm fucked. My stocks are in the shitter. Dads n my retirements lost big time money. political correctness is a doctrine.... fostered by a delusional, illogical minority...... and rabidly promoted by an unscrupulous mainstream media; which holds forth the proposition that it is entirely possible to pick up a turd by the clean end. |
| Hahahelboy
User ID: 84237782  South Africa09/22/2022 11:21 AM  Report Abusive Post Report Copyright Violation | I'm surprised it took Biden this long to get it there. Quoting: Useless Eater 8675309 Breaking! DJIA (stock market) to fall below 30K today? I'd imagine, by the time he's done, it will be at where it was when Trump took over.  "I have no special talent, I am only passionately curious." -Albert Einstein |
| Anonymous Coward User ID: 78658862 United States09/22/2022 11:22 AM Report Abusive Post Report Copyright Violation | |
