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  • mrussel1mrussel1 Posts: 29,805
    So I’m expecting full on panic at the markets today. 

    Complete sell offs. 

    That recession that people said was coming is Here. 

    Just quarantine the whole damn country and get this over with already. 
    Sarcasm? Futures are up...
    I actually agree with tempo.  The futures are up, but I would bet on the end of day numbers to be down.  it's just going to be a roller coaster for a while. 
  • mrussel1mrussel1 Posts: 29,805
    mickeyrat said:
    mrussel1 said:
    So I’m expecting full on panic at the markets today. 

    Complete sell offs. 

    That recession that people said was coming is Here. 

    Just quarantine the whole damn country and get this over with already. 
    Dow futures are up. It sounds like you’re bitter, adding to the hysteria.
    It will be up and down all week.  My guess is the week closes around 22500 to 23000.  I don't think we've hit the near term floor resistance.  The news says "after Trump considers stimulus", but the senate is already cool to it and the House has called it a non-starter.  So I don't know that a payroll tax cut is in the works. 
    so where DO you see the floor being?
    Geez I don't know.. maybe 20?  It's so hard to say.  I think the panic is well placed.  I have to believe many companies will miss earnings for Q1 and probably Q2 as well, depending on how long before the cases flat line.  
  • mickeyratmickeyrat Posts: 39,237
    edited March 2020
    mrussel1 said:
    mickeyrat said:
    mrussel1 said:
    So I’m expecting full on panic at the markets today. 

    Complete sell offs. 

    That recession that people said was coming is Here. 

    Just quarantine the whole damn country and get this over with already. 
    Dow futures are up. It sounds like you’re bitter, adding to the hysteria.
    It will be up and down all week.  My guess is the week closes around 22500 to 23000.  I don't think we've hit the near term floor resistance.  The news says "after Trump considers stimulus", but the senate is already cool to it and the House has called it a non-starter.  So I don't know that a payroll tax cut is in the works. 
    so where DO you see the floor being?
    Geez I don't know.. maybe 20?  It's so hard to say.  I think the panic is well placed.  I have to believe many companies will miss earnings for Q1 and probably Q2 as well, depending on how long before the cases flat line.  
    I am ignorant of all this stuff but it seems to me to be this needed market correction in line with Obama era numbers?

    08 we drop to 7k or low 8k right? end of obamas terms we are are 18k. so we go from there to a high under dipshit to 29k after the cuts went in effect?

    if that is true then your guess of 20 puts it in line with where we might should be?

    or should I just stick to driving?
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • The JugglerThe Juggler Posts: 49,032
    mrussel1 said:
    So I’m expecting full on panic at the markets today. 

    Complete sell offs. 

    That recession that people said was coming is Here. 

    Just quarantine the whole damn country and get this over with already. 
    Sarcasm? Futures are up...
    I actually agree with tempo.  The futures are up, but I would bet on the end of day numbers to be down.  it's just going to be a roller coaster for a while. 
    Watch them go down after they realize Trump doesn't have a coherent plan...
    www.myspace.com
  • Halifax2TheMaxHalifax2TheMax Posts: 39,317
    And this is what passes for leadership these days. Yea, steady at the helm.

    https://apple.news/Atgd8hbqUS5WtRXSZtcO6RQ
    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;

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  • Saltzy23Saltzy23 Posts: 1,350
    Here it comes baby.

    We'll be in the red by lunchtime.
    'I know I was born and I know that I'll die, the in between is mine.'
  • PJPOWERPJPOWER Posts: 6,499
    mrussel1 said:
    So I’m expecting full on panic at the markets today. 

    Complete sell offs. 

    That recession that people said was coming is Here. 

    Just quarantine the whole damn country and get this over with already. 
    Sarcasm? Futures are up...
    I actually agree with tempo.  The futures are up, but I would bet on the end of day numbers to be down.  it's just going to be a roller coaster for a while. 
    Watch them go down after they realize Trump doesn't have a coherent plan...
    Let’s hope so, I need a good sale!
  • The JugglerThe Juggler Posts: 49,032
    PJPOWER said:
    mrussel1 said:
    So I’m expecting full on panic at the markets today. 

    Complete sell offs. 

    That recession that people said was coming is Here. 

    Just quarantine the whole damn country and get this over with already. 
    Sarcasm? Futures are up...
    I actually agree with tempo.  The futures are up, but I would bet on the end of day numbers to be down.  it's just going to be a roller coaster for a while. 
    Watch them go down after they realize Trump doesn't have a coherent plan...
    Let’s hope so, I need a good sale!
    well maybe tomorrow
    www.myspace.com
  • Saltzy23Saltzy23 Posts: 1,350
    The world is on fire.
    'I know I was born and I know that I'll die, the in between is mine.'
  • tempo_n_groovetempo_n_groove Posts: 40,491
    So I’m expecting full on panic at the markets today. 

    Complete sell offs. 

    That recession that people said was coming is Here. 

    Just quarantine the whole damn country and get this over with already. 
    Sarcasm? Futures are up...
    2008 was down then rally, down then rally.  If we see that happening again let's talk more.

    Oil futures have nowhere else to go but up, they are lowest I think they will be.
  • Saltzy23Saltzy23 Posts: 1,350
    edited March 2020
    I'm gonna guy JETS index fund when I think we have hit rock bottom.

    It's basically all the domestic airlines rolled into one fund.

    I am 1000% sure it will go up, it's just a matter of when to jump on it.

    People WILL fly again, it's just a matter of figuring out when to buy.
    'I know I was born and I know that I'll die, the in between is mine.'
  • Saltzy23Saltzy23 Posts: 1,350
    -1200....Jesus Christ.
    'I know I was born and I know that I'll die, the in between is mine.'
  • mrussel1mrussel1 Posts: 29,805
    Saltzy23 said:
    -1200....Jesus Christ.
    Declaring a pandemic will probably only make it worse.  I think I said 22 by week end?  I'm sticking with that.  Anyone take the under?
  • The JugglerThe Juggler Posts: 49,032
    Saltzy23 said:
    The world is on fire.
    Nobody has any faith in the current United States president. 
    www.myspace.com
  • tempo_n_groovetempo_n_groove Posts: 40,491
    mrussel1 said:
    Saltzy23 said:
    -1200....Jesus Christ.
    Declaring a pandemic will probably only make it worse.  I think I said 22 by week end?  I'm sticking with that.  Anyone take the under?
    I'll go 20.
  • tempo_n_groovetempo_n_groove Posts: 40,491
    mrussel1 said:
    Saltzy23 said:
    -1200....Jesus Christ.
    Declaring a pandemic will probably only make it worse.  I think I said 22 by week end?  I'm sticking with that.  Anyone take the under?
    I'll go 20.
    I take that back, there will be a Friday rally, there's always a rally after 3 days of down.
  • Halifax2TheMaxHalifax2TheMax Posts: 39,317
    21,869
    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;

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  • mrussel1mrussel1 Posts: 29,805
    Everyone going under.. okay, I hope I'm right!  
  • mickeyratmickeyrat Posts: 39,237
    mrussel1 said:
    Saltzy23 said:
    -1200....Jesus Christ.
    Declaring a pandemic will probably only make it worse.  I think I said 22 by week end?  I'm sticking with that.  Anyone take the under?
    I'll go 20.
    I take that back, there will be a Friday rally, there's always a rally after 3 days of down.
    yeah. like black friday...
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • Saltzy23Saltzy23 Posts: 1,350
    -1700
    'I know I was born and I know that I'll die, the in between is mine.'
  • jeffbrjeffbr Seattle Posts: 7,177
    For some reason, on days like today, I get a Paul Simon earworm:
    Slip slidin' away
    Slip slidin' away
    You know the nearer your destination
    The more you're slip slidin' away
    "I'll use the magic word - let's just shut the fuck up, please." EV, 04/13/08
  • tbergstbergs Posts: 9,876
    Looks like a late puke and rally here before close.
    It's a hopeless situation...
  • tbergstbergs Posts: 9,876
    Here comes the bear! 11 year run is about to be over.
    It's a hopeless situation...
  • Saltzy23Saltzy23 Posts: 1,350
    Goodbye Donald, you absolute worthless pile of humanity.
    'I know I was born and I know that I'll die, the in between is mine.'
  • mrussel1mrussel1 Posts: 29,805
    The reality is that we were due a big correction, so if it's going to happen, it might as well hammer Trump. 
  • Halifax2TheMaxHalifax2TheMax Posts: 39,317
    Saltzy23 said:
    Goodbye Donald, you absolute worthless pile of humanity.
    Did you just insult humanity?
    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;

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  • Saltzy23Saltzy23 Posts: 1,350
    -1464 and that's a wrap.

    I've lost 17% of my net worth the last 2 weeks.

    Schweet!
    'I know I was born and I know that I'll die, the in between is mine.'
  • dignindignin Posts: 9,337
    Saltzy23 said:
    -1464 and that's a wrap.

    I've lost 17% of my net worth the last 2 weeks.

    Schweet!
    The only thing you can do about it is vote Obama out in November.
  • tempo_n_groovetempo_n_groove Posts: 40,491
    mickeyrat said:
    mrussel1 said:
    Saltzy23 said:
    -1200....Jesus Christ.
    Declaring a pandemic will probably only make it worse.  I think I said 22 by week end?  I'm sticking with that.  Anyone take the under?
    I'll go 20.
    I take that back, there will be a Friday rally, there's always a rally after 3 days of down.
    yeah. like black friday...
    We were do for a correction and I believe this is the time now.  Perfect storm w the China woes and the oil surplus.

    If it's anything like the last recession we are looking at 15,000.

    I would love to be wrong about this.
  • tempo_n_groovetempo_n_groove Posts: 40,491
    Markets reflect 6 months  what happens in the economy on average.  What was the blip and how many months ago was it when people started screaming that the next recession was coming?
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