Posted on 10/11/2018 8:51:29 PM PDT by TECTopcat
Massive Stock Market Sell off triggered by one sell program?: I'm not one for conspiracy theories and the fact is that for over 100 years, every massive selloff has been an opportunity to buy. The trick is when. (I think/HOPE Friday or Monday will be start of up tick-) But a continuing stock market decline would be very bad for any Republicans in midterms, I know some of you don't follow the market but it is linked to success or failure of those in party e.g . Obama would never have won 1st term (he was trailing McCain in all polls until financial crisis and resulting stock market decline) and the recent Kavanaugh hearings have shown us the the Lefties will do ANYTHING to gain power.
So I saw this notice from a financial newsletter that is generally pro Trump and just wondered if more is going on than we know: "Bob Pisani of CNBC said that around 2:30 p.m. an enormous sell program hit the market. Enormous was his word. We looked at the intraday chart and the Dow lost 300 points between 2:30 and 2:45. As Bob said, "They don't send out press releases.".
SOROS and why doesn’t even need to be answered, that or the DEEP STATE!!! This happening right before the election is quite suspect to me!!!
It seemed to me that the PPT intervened early ,, about 03:15/03:20 rather than 03:30 ... The earlier “firming up” (I wouldn’t call it a rally) periods were ineffective...
Sure programmed trades kick in whenever there is a selloff and things spirals downhill for a while. Whenever stocks are at an all-time high a long term investor expects that there will be corrections and crashes from time to time. Nothing goes up forever. There is no free lunch. No guts no gains over the long term. This is just noise if one looks at investment horizons over periods of time being decades.
That was the first thing I thought of and I have not changed my mind.
That bastid has done things worse that this in other countries with his money.
If we only had a DOJ, SEC, FBI and CIA, for the foreign affairs.
Futures up 212.
The link does not go to anything by Robert Spisani, but to the CNBC main page. Where is the conspiracist story?
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The market was quite wild today. I do follow the Market quite close because I am a Trader. If you consider a 15-point move in the S&P 500 which is about a hundred or so dow points to be roughly 3 15 Point moves strung ba ck to back the market made 13 or 14 qty 15 Point moves in the S&P today which is completely and totally insane. Nominally, for Trader a 15-point move in the S&P is a pretty good day and there were 13 of them today. That the market happened to sell off at one point means very little because most of that in fact all of that was erased within 45 minutes. So the effect was rather transitory, and in fact the market treated it like a blue light special and bought it up right away. It is not a permanent state by any means and should not be thought of in those terms. I *do* think that the market has seen its high for the year and perhaps its high for 2 years. But that’s just my opinion.
Sorry, I meant to say that if you consider a 50-point move in the S&P s to be three quantity 15 Point moves strung back to back, then there were 13 or 14 of those 15-point SP moves.
Trying to influence the November election.
I believe this is China repatriating money to hold up the Yuan. While they like the Yuan falling, it is in fact falling quicker than they wish.
In the beginning of the year people rushed orders to get ahead of sanctions. But now the orders have slowed considerably. These crashes happen from time to time. The country waits until the selling party sells all their stocks. And then the buying starts again. Don’t panic. Buy if you have extra cash.
the globalists are pulling out all the stops, hidden or not, just to try and negatively impact our national economy via interest rate hikes... just as the election hits...
to stop trump.
they will also find ways to use this to drive a cycle of “unstoppable” inflation, to diminish the impact of making 5-8 percent more a week... in take home pay.
Line em up.
Knock them over.
Trump did not do this.
God did. and he used trump and us.
if God has determined we are turning... we will be turning. Free will occasionally runs into the Sovereignty of God issue. God never started a battle that he eventually did not win...
This election may tell us if God has turned our ship of state around, OR if we just got a reprieve.
AUDIT the FEDERAL RESERVE... its not the USA or a branch of government.
Nah. The stock market has been getting really frothy lately and we were due for a correction. When markets move in a straight line for a long time, that’s when you should start getting nervous. Occasional sell offs are healthy. It’s like a release valve on a boiler. It keeps the market from overheating and blowing up.
Heard earlier today Deardre Whatzit on FBN saying to the effect IF the four banks reporting P&L status tomorrow 10-12-18 show positive results, and this tanking of the stock market continues we are in deep doo doo.
To my way of thinking it will show us we have another forced, purposefully initiated action against our President, Conservatism, Capitalism, our country IF the tanking continues, because I believe the tanking of our stock market is by design of they whom I’ve posted often. The anonymous international cartel whom are behind the Globalist Movement, and co funders of Soros’s anti-American activities.
The International’s want the Democrats to succeed in retaking the House, and the Senate next month. They want to stop DJT whom stands in the way of their tyrrannical World wide goals.
Get out, and vote no matter what.
IF the tanking of the stock market stops after the banks disclose their P&L’s in a positive, then ignore this post other than “Get out, and vote no matter what.”
The volumn was massive about 2 minutes before the end of the trading day. So much so that the futures volume stated high for another half hour. There were three other spikes of volume all to the down side during the day. I can see the spike in the futures as well as the SPY.
Anything in particular you or others recommend buying right now?
I can’t find it now myself, was less conspiracy than speculation, it was broadcast so if I can find audio /video link I will post it
For the small investor? Tinfoil and duct tape, if you want a security blanket, but otherwise stay balanced, stay diversified, and let it ride.
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