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Thread: Black Monday

  1. #5041
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by Filthy View Post
    lol that's been obvious for some time now (based on your enthusiastic posts every time the markets sneeze!)
    i do like spk , mcy ift still
    one step ahead of the herd

  2. #5042
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    Quote Originally Posted by winner69 View Post
    Good read .....no doubt has an influence on where markets go

    https://www.ineteconomics.org/perspe...ver-of-america
    A few Buchanan disciples in NZ I reckon.

    westerly

  3. #5043
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    carnage for sure , cash is king
    one step ahead of the herd

  4. #5044
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    i mentioned 2820 , could get ugly if not hold
    one step ahead of the herd

  5. #5045
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    Could well happen

    Henry Blodget (@hblodget)
    7/12/18, 6:28 AM
    ~1000 on the S&P is a 60%+ market drop from here. Sounds nuts, but on a valuation basis, dropping to that level would not be at all surprising. twitter.com/hussmanjp/stat…
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  6. #5046
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    Quote Originally Posted by winner69 View Post
    Could well happen

    Henry Blodget (@hblodget)
    7/12/18, 6:28 AM
    ~1000 on the S&P is a 60%+ market drop from here. Sounds nuts, but on a valuation basis, dropping to that level would not be at all surprising. twitter.com/hussmanjp/stat…
    In the US currently, this was expected as of yesterday morning given some legal analysis of Trump stuff give Flynn...

  7. #5047
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    Quote Originally Posted by bull.... View Post
    carnage for sure , cash is king
    Looks like it hit the bottom 2hours ago and on the rise again. The question, is it a dead cat bounce or a live cat drop?
    Last edited by see weed; 07-12-2018 at 08:15 AM.

  8. #5048
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    Quote Originally Posted by see weed View Post
    Looks like it hit the bottom 2hours ago and on the rise again.
    yea the 2620 level worked good almost 50 handles , wouldnt get to excited about going up any thing meaningful. these patterns normally break to the downside with a big move.

    if it happens a test of the years lows will happen
    Last edited by bull....; 07-12-2018 at 08:21 AM.
    one step ahead of the herd

  9. #5049
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    Quote Originally Posted by westerly View Post
    A few Buchanan disciples in NZ I reckon.

    westerly
    The Buchanan who Jacinda keeps in touch with?
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #5050
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    Quote Originally Posted by winner69 View Post
    The Buchanan who Jacinda keeps in touch with?
    Tricky since he's been dead for nearly 6 years.

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