ALERT FUNG BLACKALERT: Markets Are Taking A Huge Dump

[Dozdoats]

My handful of stocks trade in Toronto, not NYC. I opted out of dead presidents, Wall St. and as much of the Ponzi scheme as I could shed decades ago. I wish I could say I didn't care what the Dow does but I can't. The Dow has a huge hidden role in the financial health or illness of the ZUSA - insurance, pensions, endowments, etc. Lots of sweet dumb people will suffer because of the miscreants who have brought us to this sorry pass. And there is no avoiding it for most of them.

 

[emiliozapata]

i predict a positive close, meager double digit gains

 

[CaryC]

dow -25.00 S&P + 10.00

 

[The Hammer]

Oil still climbing, up near 110.

Gold at 1839 or so.

Dow -160, the green turn is in danger...

 

[thompson]

^Just grabbed off Yahoo financial

 

[dioptase]

Should bounce up tomorrow, then the plunge...

 

[Artificially Intelli]

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

Thanks. Having gone grey myself for quite some time and only somewhat recently re-emerged, I'd wondered what became of Galt.

 

[doctor_fungcool]

Thanks. Having gone grey myself for quite some time and only somewhat recently re-emerged, I'd wondered what became of Galt.

The whole lot of the TB2K membership is going grey.....others are going bald...such is life.

 

[Artificially Intelli]

Buying the dip WAS the correct trading strategy in a primary up market.

But now that the primary direction has reversed downwards, the trading strategy NOW is to sell the rallies.

Sell the rallies. Somebody gets it.

 

[bassaholic]

Sell the rallies. Somebody gets it.

You can only sell so many rallies without buying the dip.

 

[AuEagle]

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.

Those were great shows. I too enjoyed them.

 

[Artificially Intelli]

You can only sell so many rallies without buying the dip.

I will eventually buy the dip, but not in the foreseeable future.

 

[von Koehler]

You can only sell so many rallies without buying the dip.

It's all about timing; make the right move at the right time.

Don't get married to a story or position. If you are wrong take the small loss and live to trade again another day.

 

[doctor_fungcool]

Those were great shows. I too enjoyed them.

Yep..great shows...and then there was THE HAWK and the FANDANGO RANGERS located at a place we will not mention.
My...how the world has changed.

 

[doctor_fungcool]

You can only sell so many rallies without buying the dip.

From the top from about three or so months ago the DOW has lost 16%. The S&P has lost 19%. The pundits are playing a game of LIMBO. How low can we go?


Every limbo boy and girl
All around the limbo world
Gonna do the limbo rock
All around the limbo clock
Jack be limbo, Jack be quick
Jack go under limbo stick
All around the limbo clock
Hey, let's do the limbo rock (woah-oh)
Limbo lower now
Limbo lower now
How low can you go?
First you spread your limbo feet
Then you move to limbo beat
Limbo ankle, limbo knee
Bend back like a limbo tree
Jack be limbo, Jack be quick
Jack go under limbo stick
All around the limbo clock
Hey, let's do the limbo rock (woah-oh)
Get yourself a limbo girl
Give that chic a limbo whirl
There's a limbo moon above
You will fall in limbo love
Jack be limbo, Jack be quick
Jack go under limbo stick
All around the limbo clock
Hey, let's do the limbo rock (woah-oh)
Don't move that limbo bar
You'll be a limbo star(and broke as hell)
How low can you go?
Source: LyricFind
Songwriters: Billy Strange / Jon Sheldon
Limbo Rock lyrics © Sony/ATV Music Publishing LLC

 

[doctor_fungcool]

My handful of stocks trade in Toronto, not NYC. I opted out of dead presidents, Wall St. and as much of the Ponzi scheme as I could shed decades ago. I wish I could say I didn't care what the Dow does but I can't. The Dow has a huge hidden role in the financial health or illness of the ZUSA - insurance, pensions, endowments, etc. Lots of sweet dumb people will suffer because of the miscreants who have brought us to this sorry pass. And there is no avoiding it for most of them.

Excerpt from zerohedge.

Goldman Is Quietly Handing Out A "Recession Manual" To Clients
THURSDAY, MAY 19, 2022 - 03:00 PM
We are finally getting to the point where the rubber hits the recessionary road.
Now that Wall Street is convinced that hawkish global central banks (the top risk in the latest BofA Fund Manager Survey) will spark a global recession (the second highest risk in the FMS)...

NOTE: A stagflationary recession( or worse).

 

[Artificially Intelli]

The whole lot of the TB2K membership is going grey.....others are going bald...such is life.

Well, like Gandalf, personally i've gone past grey. I'm now............Artie the White!.....

 

[Groucho]

Okay, so we won't enjoy the Night Train Express tonight. Maybe tomorrow.

Hammer? Wait 'till tomorrow. No really, you should wait.

 

[knowzone]

Glad to see the luciferian Target getting hammered

THE TRUE MEANING OF THE MIZU GAMI (WATER GODDESS)​

I miss trainin. Like it was told to me over 30 years ago: "It sucks to get old".

Thread drift complete. That is all.

kz

 

[Garand]

Now is the time to load up on LCID and BROS stocks.

 

[The Hammer]

Okay, so we won't enjoy the Night Train Express tonight. Maybe tomorrow.

Hammer? Wait 'till tomorrow. No really, you should wait.

Aw, man, come on. Don't be a party pooper.

You know how they say it's always Friday night somewhere...

 

[night driver]

I have changed computers too many times since then.

Anyone have a Futures page they like??

 

[The Hammer]

I have changed computers too many times since then.

Anyone have a Futures page they like??

ino.com

Usually gives a good snapshot.

 

[hiwall]

I have changed computers too many times since then.

Anyone have a Futures page they like??

Futures

Stock screener for investors and traders, financial visualizations.

finviz.com

 

[Slydersan]

Yep..great shows...and then there was THE HAWK and the FANDANGO RANGERS located at a place we will not mention.
My...how the world has changed.

Hawk still has his broadcast, but only on Thurs and Fridays at 7pm eastern. Globalstar radio network, Star (feed) #5. I guess you could listen direct from the satellite, but it's easier to just listen online by launching the "pop-up player". Lots of other good shows on the different feeds - and not just religious programming for those opposed to that.

"It's about to go Wild Weasel!" - Hawk

Listen online

 

[doctor_fungcool]

Ruble Hits Four Year High
0.0171, up 6% today.

previous two-year high

 

[doctor_fungcool]

"Elon Musk Warns Biden, Democrats Moving Economy Towards Venezuela"

Posted on May

 

[naegling62]

Ruble Hits Four Year High
0.0171, up 6% today.

previous two-year high

Just wait till may 25th

 

[Hfcomms]

Ruble Hits Four Year High
0.0171, up 6% today.

previous two-year high

Boy, didn’t Xiden teach Putin a lesson when he slapped sanctions on them and called the ruble the rubble.

Everything these people touch turns to .

 

[The Hammer]

Boy, didn’t Xiden teach Putin a lesson when he slapped sanctions on them and called the ruble the rubble.

Everything these people touch turns to .

He taught those kleptocracy people with their ill-begotten gains!

 

[doctor_fungcool]

Dow taking on water as we speak.

-251

 

[The Hammer]

Dow -404
Nasdaq -255
S&P -62

 

[Twisted]

Bitcoin down 4.2% $28,861

 

[night driver]

SO much for a weekend rebound.

Deathburgers Sunday night at 1900 Eastern. Bring your memes and share them.

SOMEONE try to find the BEARCAM memes, cuz we might have a LOT of use for them. And the Rollercoaster one as well!!

 

[The Hammer]

SO much for a weekend rebound.

Deathburgers Sunday night at 1900 Eastern. Bring your memes and share them.

SOMEONE try to find the BEARCAM memes, cuz we might have a LOT of use for them. And the Rollercoaster one as well!!

This one might turn into a "head for the exits, hold nothing into the weekend" kind of Friday if the monkeys don't ride to the rescue in the next hour or two...

 

[Dozdoats]

It don't mean nothin', as the boonie rats used to say.

 

[Garand]

Awesome, more sales on stocks!!!!

 

[night driver]

It don't mean nothin', as the boonie rats used to say.

except, we are NOW, "Back in the World!" where it used to mean something.

 

[Dozdoats]

The stocks that are really on sale, no one wants. 3 2 1 g o l d ... Welcome!

 

[The Hammer]

-554, picking up steam...