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.".
The five day moving average of the CBOE put call ratio is now over 1.10. That’s the third highest level in over a year. Sentiment is in line for a rebound. So I’m betting on rebound and a massive sell off of this size is even beyond Saros but it does raise eyebrows. My guess is it is algorithm selling by ETFS , with some move into bonds or Goldman Sachs.
I think rebound is in order but if not, kiss GOP mid term chances goodbye
I bought USB. Considering AME.
OP is a newbie. Wish it/him/her well. You are witnessing FR in transition.
Try lurking for a few years. It might help.
That terrible weather that hit our East coast could hurt a lot of businesses with some closing for good in the region. It may soon be time to buy into the market.
Most losses in tech stocks. Bank stocks up.
Some big losses in streaming services like Netflix. Mostly a correction - they were overpriced.
‘Economic Warfare’ against this administration.......it should not surprise anyone. The Globalists can’t fight against Trumps success, and they don’t like what he’s doing with trade screwing up their plans, so they’re just going to try and destroy it.....manipulation of markets isn’t new....just knock on Soros door and others like him. Not to forget Hillary just announced she won’t be civil until the dems are back in power.
Not sure what your comment is supposed to mean but found it, here is on youtube now-was on CNBC site, if honestly interested go to about 2:30 in interview. For Pisani to take note of it it was something out of the ordinary.
https://www.youtube.com/watch?v=iSMoar6pbw8
Of course it’s now...weeks before mid-terms. Dems know they can’t stop what Trumps doing for the economy so they’ll destroy it by manipulating markets and theft....Soros style .....and the foreign Globalists Hillary, Obama, and Kerry have been visiting this past year and half........Deep State doesn’t just operate in the US...it’s Worldwide for those who play in it.
Oh come on. Every year around October the bottom drops out of the equities market, orchestrated by the big boys. It’s all phony gloom and doom so they can buy cheap. Four weeks later the losses are erased and the stock prices are back up. How many times do y’all have to get scammed out of your money?
Just as a reminder......remember Paulson on his knees before congress? there was a huge transfer of funds at that time.
Looks like deep staters on global scale could be in play now.....not just our yard they play in.
We shall see won’t we.
Funny, my wife, who couldn’t much GAF, just shrugged today when I told her why I was irritable and said, “You ought to know by now it happens every year about this time.”
SOROS+SILICON VALLEY
[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.]
* It’s been almost 30 years since the Japanese bubble began to deflate, but the Japanese stock market has not regained its bubble highs. Whereas the Japanese property market has only recently, as in a few years ago, regained those highs. That’s compared to a US market that has seen property and stock market prices reach new highs decade after decade, albeit with occasional hiccups, such that today’s US asset prices are a minimum of double what they were in the 90’s.
stock conspiracy bookmarking
I don’t see anything conspiratorial about it, just a normal correction. The velocity downwards though, could be causing a lot of margin calls, which would add to downward pressure. I think tomorrow we get a dead cat bounce, then next week settle down to a real new low. Then we start back up gradually. Given the drastic change in direction and velocity, I am not going to try to gamble getting in at the low. It will settle down first, so we can buy in gradually.
If this is an October Surprise, it is puny compared to 2008. The financial crisis of 2008 is one of the most underinvestigated stories of all time. It is barely even mentioned on Wikipedia.
Vanguard funds. These are diverse, huge, and stable. But if you want to put all your eggs in one basket, then Amazon is a good buy.
The futures indicate a 350 point rally at this morning’s open.
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