ALERT FUNG BLACKALERT: Markets Are Taking A Huge Dump
- Thread starter doctor_fungcool
- Start date
Doomer Doug
TB Fanatic
I will point out the 1000 point drop equals 3% of total value whereas the October 1987 drop was 20% in one day for a 500 point drop. Obviously, it would take nearly a 7,000 point DOW drop in one day to equal October of 1987.
We got a long way to go yet.
We got a long way to go yet.
doctor_fungcool
TB Fanatic
JGF was the fellow that made the word DEATHBURGER an internet(IMHO) go to term.
Those wild west days are missed by many of the OLD TIMERS.
wintery_storm
Veteran Member
doctor_fungcool
TB Fanatic
I will point out the 1000 point drop equals 3% of total value whereas the October 1987 drop was 20% in one day for a 500 point drop. Obviously, it would take nearly a 7,000 point DOW drop in one day to equal October of 1987.
We got a long way to go yet.
Days like today are what the pundits of yester-year wrote about
on a regular basis.
Doug...the abyss of a stagflationary depression awaits.
Enjoy the good times while you can.
Doomer Doug
TB Fanatic
It takes more raw meat than 1000 dow drop to get doomer doug fired up.
When cramer is committing hari kari on wall street that will peak my interest.
When cramer is committing hari kari on wall street that will peak my interest.
naegling62
Veteran Member
He's on gab. I miss him on here though.
Doomer Doug
TB Fanatic
Galt proved correct about Trump being a loser with no backbone. Last I heard he was still in Florida.
TheSearcher
Are you sure about that?
LOL.
It takes more raw meat than 1000 dow drop to get doomer doug fired up.
When cramer is committing hari kari on wall street that will peak my interest.
Doomer Doug for the win!
I don't think anyone is saying we are on easy street but what you are looking at now is peanuts for most investors. And remember, they want you to panic and make stupid choices.
Southside
Has No Life - Lives on TB
Actually, I believe it was last week(or two) that JGF said he was going grey.
No surprise, really.
dstraito
TB Fanatic
Imho, you can not apply common sense, or logic or your financial acumen to todays markets.
The games being played behind the scenes requires you have knowledge of the desired endgame. What is it they are going for? The large companies like Blackrock and Vanguard along with the FED and printing of money can take the market where ever they want it to go.
No telling what they can do digitally.
The games being played behind the scenes requires you have knowledge of the desired endgame. What is it they are going for? The large companies like Blackrock and Vanguard along with the FED and printing of money can take the market where ever they want it to go.
No telling what they can do digitally.
Henry Bowman
Veteran Member
Maybe just a mini deathburger
Seeker22
Has No Life - Lives on TB
I've been watching like a Hawk for months. What goes up, must come down. When it does, I will be there. Most stores (even dollar stores) have clearance shelves. Haunt them. I got a shampoo I like for .50 cents. Two bottles for a dollar and they are usually almost $4. Cleaning products, bleach, all sorts of needful things. Buy cheap, stack deep.
night driver
ESFP adrift in INTJ sea
AND....
Today's festivities close out at 31,490 and -1164 (-3.57%)
In reference to the Dow.
Today's festivities close out at 31,490 and -1164 (-3.57%)
In reference to the Dow.
Roger Thornhill
Some irascible old curmudgeon
A couple weeks of trading like this, and the streets will get most interesting. Echoes of Argentina.
He went gray when he left here....
night driver
ESFP adrift in INTJ sea
He was VERY visible at Shenandoah
The Hammer
Has No Life - Lives on TB
I just knew you couldn't resist...
Peter
Senior Member
Still has his blog up. Recently went fishing during the last market dump. Recently reposted the Prepatorials and The Day the Dollar Died. He has some great insights for sure.
marsh
On TB every waking moment
If you look at Sri Lanka, they rioted in the "rich people's" neighborhoods where the politicians lived. I think of all the immigrants that have flooded over the border and all the "people of color" who have been convinced of "white privilege" and can see where this is heading when there isn't enough food to eat or it is too expensive to acquire.
Heard some discussion on Greg Hunter about what will happen to retirees on pensions when the stock market tanks. The pensions will get severe haircuts when they can no longer be supported and inflation will eat up the rest. I imagine Blackrock will pick up a lot of generational wealth in real estate then. - Sorry for the thread drift
Heard some discussion on Greg Hunter about what will happen to retirees on pensions when the stock market tanks. The pensions will get severe haircuts when they can no longer be supported and inflation will eat up the rest. I imagine Blackrock will pick up a lot of generational wealth in real estate then. - Sorry for the thread drift
The Hammer
Has No Life - Lives on TB
Yeah, it's the cumulative effect. Very rarely will we see a huge number in one day, but could easily see some major damage over a week or two.
Though at the height of a sell-off, we might be treated to a headline-grabbing one-day barn burner of a slide...
But he couldn't hang HERE. He ran off to start a blog.
Samuel Adams
Has No Life - Lives on TB
Not seeing any drift.
We are recipient of a multifaceted declaration of WAR.
All details and parties active against US are relevant.
Southside
Has No Life - Lives on TB
I used to love the Friday Night Just Measures Radio program. I do remember a few here being there.
Nowski, Jerry799, AUnut(me) and, I am sure, a few others. There were some great discussions there!
Oh, hell, I forgot Doc. Doc was a regular there.
Nowski, Jerry799, AUnut(me) and, I am sure, a few others. There were some great discussions there!
Oh, hell, I forgot Doc. Doc was a regular there.
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Voortrekker
Veteran Member
Every time the big stockmarket crash is about to happen, I check with disappointment as my portfolio is stable and I have dividends paid to me. My stocks didn't drop in price except for Nancy...Covid scam...40% big whoop. Not enough forewarning to have cash on hand for mass buying...
night driver
ESFP adrift in INTJ sea
And so. anyone got a read on the overnight Futs??
night driver
ESFP adrift in INTJ sea
Patience, glasshoppah, YOU TOO will get your turn in the barrel...
I rarely pay/subscribe for investor advice, but
this has been an exceptional exception 4me...
The End Game Investor
by Austrolib
...who'd written today, among other things...
Meanwhile, the Bitcoin to gold ratio is at major support at 16. If it breaks, there is nothing stopping a bitcoin collapse in gold terms at least all the way down to 5. That could either mean either a tripling of gold and stable bitcoin, or bitcoin collapsing 66% and gold staying stable. Or some combination of the two.
Panic Early, Beat the Rush!
- Shane
this has been an exceptional exception 4me...
The End Game Investor
by Austrolib
...who'd written today, among other things...
Meanwhile, the Bitcoin to gold ratio is at major support at 16. If it breaks, there is nothing stopping a bitcoin collapse in gold terms at least all the way down to 5. That could either mean either a tripling of gold and stable bitcoin, or bitcoin collapsing 66% and gold staying stable. Or some combination of the two.
Panic Early, Beat the Rush!
- Shane
Warm Wisconsin
Easy as 3.141592653589..
Look what happened to Japan when they over inflated their economy. The stock market still hasn’t recovered in almost 40 years
Southside
Has No Life - Lives on TB
Blacknarwhal
Let's Go Brandon!
Walmart and Amazon are getting socked in the dingers by inflation. They're paying more for their stuff, but they can't mark it up because then no one will actually buy it.
BUBBAHOTEPT
Veteran Member
We sure do Doug, we sure do….
Well, we’ll all suffer in the end, kinda figures now that I have a piece of the pie..
But oh hell, I’ll know the end is near when the tourists are not flooding the streets of St. Augustine……
So sleep well tonight TB2Kers, we ain’t anywhere near there yet..
But Brandon is snoring just down the road…
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The lost decade, followed by lost decade...
The Fed has decided after throwing Trillions upon Trillions to save banks around the world it is time to fight inflation by getting company’s to destroy millions of jobs.
That is their big plan. They have deemed your job must be sacrificed on the alter of the federal reserve note to help create the chaos for ushering in the Great Reset.
This has already started but since the media won’t cover it, most people will learn by hearing about their brother or sister or neighbor losing their job.
Could be a nasty recession, or,
The collapse will put the banking system at risk and we will wake up to an ‘emergency’ that will require a brandy new digital currency to ‘fix’ the ‘problem’ they created.
That is their big plan. They have deemed your job must be sacrificed on the alter of the federal reserve note to help create the chaos for ushering in the Great Reset.
This has already started but since the media won’t cover it, most people will learn by hearing about their brother or sister or neighbor losing their job.
Could be a nasty recession, or,
The collapse will put the banking system at risk and we will wake up to an ‘emergency’ that will require a brandy new digital currency to ‘fix’ the ‘problem’ they created.
Joe Biden assumed office January 20, 2021. According to my notes these are the closing numbers for January 19, 2021:
Dow: 30,930.52
Nasdaq: 13,197.18 (current numbers are already well below this)
S&P: 3,798.91
silver: $25.18 (current numbers are already well below this)
gold: $1,839.70
platinum: $1,078.00
palladium: $2,240.00
JP Morgan-Chase (or as I like to call them, "the financial anti-Christ, or at least one of its minions"): 138.04
Dow: 30,930.52
Nasdaq: 13,197.18 (current numbers are already well below this)
S&P: 3,798.91
silver: $25.18 (current numbers are already well below this)
gold: $1,839.70
platinum: $1,078.00
palladium: $2,240.00
JP Morgan-Chase (or as I like to call them, "the financial anti-Christ, or at least one of its minions"): 138.04
bev
Has No Life - Lives on TB
Melodi
Disaster Cat
Folks can read here - I won't quote him, but he blogs several times a week
John Galt's site:
SHENANDOAH
I've always wanted to see the 1930's, just not from the German perspective
johngaltfla.com