ECON FUNG ADVISORY: Markets Selling Off

hiwall

hiwall

Has No Life - Lives on TB
Thanks for starting this thread Doc. I was just thinking about it.
Many said that September would bring a sell-off.
Is this the start or a blip? That is the hundred dollar question.
 
TheSearcher

TheSearcher

Are you sure about that?
Nortorious RBG is dead, Lolita Express full disclosure incoming, a third tropical storm impacting the gulf coast, a big volcano just went off bigly, downgraded domestic USA crop numbers, Europe's about to completely skip fall and go straight to winter... a lot of unpredictable stuff all hitting at once on a Monday morning.
 
Blacknarwhal

Blacknarwhal

Let's Go Brandon!
TheSearcher said:
Nortorious RBG is dead, Lolita Express full disclosure incoming, a third tropical storm impacting the gulf coast, a big volcano just went off bigly, downgraded domestic USA crop numbers, Europe's about to completely skip fall and go straight to winter... a lot of unpredictable stuff all hitting at once on a Monday morning.
Click to expand...

And in six weeks, there's an election between an incumbent president and a competitor possibly to be named later!
 
Sicario

Sicario

The Executor
doctor_fungcool said:
My God man.....we're DOOMED.
Click to expand...
hair.gif
 
danielboon

danielboon

TB Fanatic
TheSearcher said:
Nortorious RBG is dead, Lolita Express full disclosure incoming, a third tropical storm impacting the gulf coast, a big volcano just went off bigly, downgraded domestic USA crop numbers, Europe's about to completely skip fall and go straight to winter... a lot of unpredictable stuff all hitting at once on a Monday morning.
Click to expand...
You forgot about a potential war with china and Iran happy days we are living is
 
abby normal

abby normal

insert appropriate adjective here
Was going to sell some extra PMs, guess I'll wait a bit longer... I'm no expert but we can probably assume major volatility from here on out... what do you guys think?
 
20Gauge

20Gauge

TB Fanatic
The way I see it as long as my house isn't burning down, I have something to eat and a bit of comfort, we are good to go until the end of the year.

Anything and everything is going to happen between now and the end of the year.

I would not put anything out of reach of the hands of the dems and what they want / are willing to do until then.

Up to and including shooting a few Senators...
 
D

Dozdoats

On TB every waking moment
Abby,

Don't sell if you can avoid it, unless you got in so low you can show a healthy profit at this juncture. Metal in the safe is better than profit in your pocket, most times.
 
20Gauge

20Gauge

TB Fanatic
Sicario said:
Two can play that game though. :shr:
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That is true, nor do I advocate such a thing,

Yet is surprises me that more effort hasn't been made to eliminate a few Senators to swing things in their favor. I realize that there was the one attempt with the baseball team, but nothing since.

That is a surprise, at least to me.
 
Doomer Doug

Doomer Doug

TB Fanatic
TheSearcher said:
Nortorious RBG is dead, Lolita Express full disclosure incoming, a third tropical storm impacting the gulf coast, a big volcano just went off bigly, downgraded domestic USA crop numbers, Europe's about to completely skip fall and go straight to winter... a lot of unpredictable stuff all hitting at once on a Monday morning.
Click to expand...
WOW! Ain't you a ray of sunshine this morning
:) I think you get the doom porn award for the day. Which is a framed picture of Congressman Nadler, ie Eyore the donkey from winnie the pooh telling us antifa is a myth! :) m
 
Doomer Doug

Doomer Doug

TB Fanatic
It is true the October 1987 stock market drop of 500 points on the dow was over 20% of total market value. So this 900 points would have to be over 7500 points to be 20 % out of a 30,000 market. Still a wayd to go yet.
 
D

Dozdoats

On TB every waking moment
As they keep telling us, it's just numbers, doesn't really MEAN anything. And yet people keep believing that. Which shows what happens when INDOCTRINATION is substituted for EDUCATION.

Enjoy the resurgence of people learning things the hard way....

Or get a head start- Mises Institute
 
Red Baron

Red Baron

Paleo-Conservative
_______________
Doomer Doug said:
It is true the October 1987 stock market drop of 500 points on the dow was over 20% of total market value. So this 900 points would have to be over 7500 points to be 20 % out of a 30,000 market. Still a wayd to go yet.
Click to expand...

Good point.

In the current market, I think we would need at least a 1,000 point DOW drop just to get the automated trading algorithms warmed up from an idle.

Notice how today's market pulled up just short of -1,000 DOW.

Seen it before. Most likely the Day Traders are playing their silly little games?
 
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