Black Monday

[bull....]

Yep, heading for 2580 now, see where it closes.

we hit the target root , trump must be panicking narvarro just tanked the market. the fed stuffed if they raise treump will spill the cot toys if they dont it looks like the us economy in bad shape and they caved to trump

feb lows to be tested now also worth noting is whole market down again it used to be defensives held up but not the last few sessions. i consider this a bad omen as now people are selling everything

[bull....]

so the break of the range from 2820 - 2620 implies a 200pt down move to 2420 or another 7 - 8% lower for the pattern to complete probably negated if rises above 2820. im picking more a continuation move rather than a plunge

[carrom74]

https://www.cnbc.com/2018/12/17/trum...tes-again.html

This guy has gone mad and talking all of us down

[bull....]

looks like we might test the feb lows today

[bull....]

just hit new low for the year , bounce tomorrow? or crash more ? must say utilities and real estate got crushed playing catch up now

just covered some my apple shorts see what happens might go quiet now till fed?

[Aaron]

https://www.cnbc.com/2018/12/17/trum...tes-again.html

This guy has gone mad and talking all of us down

Clicking the link I see Jefferey Gundlach, Jim Cramer & Ron Paul are also talking us down. Seems too early for a panic but if you get to margin calls you get forced selling. Passive investors in index funds might get active if the fund value goes down instead of up. People nearing retirement might want to redeem some funds.

Kiwisavers might start switching to conservative options as well, increasing selling pressure. https://www.stuff.co.nz/business/109...aps-in-the-90s

We might have an economic slowdown or even recession which will hit earnings and valuations.

Then again the US Federal Reserve might announce negative interest rates tomorrow and then its off to the races again.

[Beagle]

just hit new low for the year , bounce tomorrow? or crash more ? must say utilities and real estate got crushed playing catch up now

just covered some my apple shorts see what happens might go quiet now till fed?

I think the Bear is here to stay for quite some time and has real teeth and claws.

[root]

Nice to see the US markets finally make up their minds. Lots of emails going out from fund managers today explaining how well they are placed to manage this sort of thing. Opportunities ahead for sure....but not yet.

[moka]

The experts speaking - Recent market 'jolt' will be first of many as easy money era ends, says BIS.
Recent sharp selloffs across global financial markets are probably the first of many, as investors adjust to a world of tighter monetary conditions and the threat of economic downturn, the Bank of International Settlements said on Sunday.
The BIS is an umbrella group for the world’s central banks and its reports are seen as an indicator of the thinking that goes on behind the closed doors of its quarterly meetings.

https://www.reuters.com/article/us-bis-report-markets/recent-market-jolt-will-be-first-of-many-as-easy-money-era-ends-says-bis-idUSKBN1OF0QE

Yet more bumps on the path to normal - https://www.bis.org/publ/qtrpdf/r_qt1812a.htm

[Joshuatree]

From John Ryders Global Newsletter(its free)
"Balancing it up, we believe that there could be another significant rally in equities (the “last hurrah”)... before we see a day of reckoning for investors. We intend using the 50-day moving average as an entry for further trading investments (but they will be short-term). Such a rally could also be a good opportunity for investors to quit the market."