Posted on 03/17/2020 5:03:45 AM PDT by Kaslin
the markets will stay open. the only reason they closed down during 9/11 was because of physical damage.
“one day the Dow Jones Industrial Average drops 1,000-2,000 points, jumps up similarly or the same”
More like the bottom drops over the week, with the odd 1 “up” day thrown in once in a while. That’s not “alternating days” balancing one another out, that’s a trend.
Thanks for posting this is a good one also. I don’t exactly agree with the editorial it’s because it is not a Level Playing Field the tactics when you have the oligarchs like Bill Gates Jeff Bezos George Soros and others who want to team up and absolutely obliterate the market with their shorting manipulation schemes fleeces the rest of us out of our shares for those who are foolish enough to sell on the way down. If you think about it right now there simply are not enough people left to sell shares but they are pounding them down day after day and you have to know this has an agenda. How can I say that? Because George Soros with his billion single-handedly crashed the British pound back in the 1990s. So he has in fact done this before. Imagine what it would be if some of these who want President Trump gone pooled their resources. I believe that is what we have right now. So I would actually let the market go back up a little bit today and then close it for 10 days. At that point President Trump can rally the troops trumpet all of the good things get the virus under control with quite frankly I think it already is, and then reopen the market. Somewhere in there I would like him to unmask the manipulators or call them out. He can do that very subtly or bluntly.
Agreed. Weak reporting.
As an aside I also thank you for getting up early not that you would be anywhere else because we all are basically at home to order and posting editorials because you had actually killed off my entire 30 minutes on the treadmill this morning in what seems like 5 minutes. So thank you for telling off my 30 minutes and making it go faster. This is probably also why I’m the worst speller and punctuated Iran freerepublic because I do a lot of voice texting from the treadmill that in itself is dangerous.
More like the bottom drops over the week, with the odd 1 “up” day thrown in once in a while. That’s not “alternating days” balancing one another out, that’s a trend.
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Yes and not a coincidental trimmed either. A very malicious nefarious purposeful one indeed.
At 4 a.m. this morning the market futures were + 700, right now they are just about flat. This is more anecdotal evidence of my theory. And I’m certainly not alone in this Theory. I am not going to be surprised if the market is down another fifteen hundred points today they wanted below 20,000.
The futures have the DJIA at +24 as of the moment. Not much to brag about, but better than a minus.
But you and I are not going to change that.
So knowing as much as we can about the pre-existing conditions, we need to go into the stock market aware of these conditions and our limitations for knowing more, and make investments accordingly.
And we need to pay attention to current events. When people like Senator Cotton are making noise about paying some sort of payment to Americans for the time being, it may be a good time to start researching TIPS, and more Gold and Silver. Silver is a great buy right now (to me it seems). And it does not need to be physical silver, although I think that's a part of any portfolio, it could be something like SLV.
Be careful out there.
Great movie!
I would not pay attention to the futures today - they are un unreliable indicator at present.
Have not watched Cramer in years, but her his what he said today about futures:
"The futures are a total joke. Don't even look at them. You can't have a bull market at 3:30 a.m. and have it end by 7 a.m."
- see https://www.cnbc.com/2020/03/17/stock-futures-are-swinging-all-over-the-place-cramer-says-theyre-a-total-joke.html
“I would not pay attention to the futures today - they are un unreliable indicator at present.”
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Normally, I would agree. But I think, in times like this, most people have “a feel” for where the DJ is headed and will react on that feel. It’s like TP panic buying. But basically, what you noted is the best usual take to keep in mind re:futures.
I would ban shorting entirely and forever. It is the tool of the manipulators. I can't borrow a house to sell it with the promise of buying back later, when the price is lower, to return it to you. The uptick rule as "protection" is a joke.
Lol, just keep your hands on the bars.
What happens if trading is suspended for a couple weeks?
What happens if trading is suspended for a couple weeks?
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Since the uptick rule was removed a few yrs back, it would rebalance the market forces. Right now, if Soros, Bezos, Gates, and some other global elites pooled a few billion and shorted every day -especially after a sucker rally or two - they can beat it down under 20,000...That is my fear. To me it would be fairness.
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