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Dec 30th, 2023
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 Re: Stock market crash predictions
[Re: bigfishtx]
#13453325
02/27/20 03:44 PM
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Joined: Dec 2006
Posts: 2,283
Snakeyes711
Extreme Angler
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Extreme Angler
Joined: Dec 2006
Posts: 2,283 |
Here we go again. -320. Headin' south.  Yep, SPX broke support and then dumped quick, if it continues, next stop ~3075. It gapped open past the support, that's 2 gaps in this correction now. I would be closing out puts and looking at short term calls on SPX right now if I had that kind of play money. Technicals are starting to look good for either a bounce, or a turn around. Technical analysis is useless during an anomaly/Black Swan event like this.
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Re: Stock market crash predictions
[Re: Snakeyes711]
#13453348
02/27/20 03:59 PM
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Joined: Jul 2010
Posts: 9,367
bigfishtx
TFF Celebrity
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TFF Celebrity
Joined: Jul 2010
Posts: 9,367 |
Here we go again. -320. Headin' south. Yep, SPX broke support and then dumped quick, if it continues, next stop ~3075. It gapped open past the support, that's 2 gaps in this correction now. I would be closing out puts and looking at short term calls on SPX right now if I had that kind of play money. Technicals are starting to look good for either a bounce, or a turn around. Technical analysis is useless during an anomaly/Black Swan event like this. Differing opinions are what makes the world interesting.  The market moves on fear and greed, regardless of the cause. When the market's over sold, it's over sold.
Keep the Lord in your heart and keep your powder dry.
5:5
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Re: Stock market crash predictions
[Re: franchi]
#13453358
02/27/20 04:04 PM
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Joined: May 2007
Posts: 40,584
WAWI
TFF Guru
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TFF Guru
Joined: May 2007
Posts: 40,584 |
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Re: Stock market crash predictions
[Re: franchi]
#13453361
02/27/20 04:05 PM
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Joined: May 2007
Posts: 40,584
WAWI
TFF Guru
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TFF Guru
Joined: May 2007
Posts: 40,584 |
Might buy some xom after lunch
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Re: Stock market crash predictions
[Re: Bob Davis]
#13453363
02/27/20 04:06 PM
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Joined: Mar 2005
Posts: 43,998
Tallgrass05
bill maher's protege
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bill maher's protege
Joined: Mar 2005
Posts: 43,998 |
Hate getting hammered like this. Historically the markets have recovered losses with in a few months after past pandemic threats. Lamestream media is pushing this into a panic stage and they are loving it. The left is drooling and rejoicing in "tingly leg" syndrome. Where do you see the media pushing the panic button? Are they telling people in the USA to start wearing masks and stockpiling food and gas? Are they telling people to head for the remote hills and avoid contact with people?
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Re: Stock market crash predictions
[Re: WAWI]
#13453364
02/27/20 04:06 PM
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Joined: Jul 2010
Posts: 9,367
bigfishtx
TFF Celebrity
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TFF Celebrity
Joined: Jul 2010
Posts: 9,367 |
I'm looking at F right now too.
Keep the Lord in your heart and keep your powder dry.
5:5
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Re: Stock market crash predictions
[Re: franchi]
#13453466
02/27/20 05:27 PM
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Joined: Aug 2002
Posts: 999
Blue Moon
Pro Angler
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Pro Angler
Joined: Aug 2002
Posts: 999 |
Food for thought, especially for anyone that hasn't lived through a crash yet... Don't be surprised to see it drop 20 or even 25 off the high of 29,551 to put it in 1987 or 2008 territory. If it falls 20 percent off the high, look for 23,640 and 25 off will be 22,163. I suspect tomorrow is going to be a memorable Corona or Virus Friday for many riding it out but in the past when that happens, at least in modern times, within a year or so most people were whole. Go enjoy life and don't get caught up in the chaos. Buy low and sell high...
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Re: Stock market crash predictions
[Re: bigfishtx]
#13453594
02/27/20 06:59 PM
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Joined: Mar 2003
Posts: 10,768
Fishin' Nut
TFF Guru
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TFF Guru
Joined: Mar 2003
Posts: 10,768 |
I'm looking at F right now too. I'm watching AMD very closely.
He is truly a sick individual.
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Re: Stock market crash predictions
[Re: WAWI]
#13453597
02/27/20 07:02 PM
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Joined: Mar 2005
Posts: 41,591
butch sanders
TFF Guru
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TFF Guru
Joined: Mar 2005
Posts: 41,591 |
man they have been given every opportunity & just can't get it done
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Re: Stock market crash predictions
[Re: franchi]
#13453659
02/27/20 08:00 PM
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Joined: May 2007
Posts: 40,584
WAWI
TFF Guru
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TFF Guru
Joined: May 2007
Posts: 40,584 |
Just bought xom, also looking at Cvs
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Re: Stock market crash predictions
[Re: franchi]
#13453768
02/27/20 09:23 PM
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Joined: May 2002
Posts: 5,748
JCG57
TFF Celebrity
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TFF Celebrity
Joined: May 2002
Posts: 5,748 |
Market performance today looks like capitulation to me, i.e. probably time for me to jump back in. Will see how market reacts Monday morning after a weekend of non-stop virus coverage.
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Re: Stock market crash predictions
[Re: JCG57]
#13453791
02/27/20 09:41 PM
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Joined: Jul 2010
Posts: 9,367
bigfishtx
TFF Celebrity
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TFF Celebrity
Joined: Jul 2010
Posts: 9,367 |
Market performance today looks like capitulation to me, i.e. probably time for me to jump back in. Will see how market reacts Monday morning after a weekend of non-stop virus coverage. That c word....  What's the S&P dropped this week, 10%? We had a 20% correction in late part of 2018, so this one is still short of the last major one. Tomorrow will interesting.
Keep the Lord in your heart and keep your powder dry.
5:5
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Re: Stock market crash predictions
[Re: bigfishtx]
#13453837
02/27/20 10:28 PM
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Joined: Dec 2006
Posts: 2,283
Snakeyes711
Extreme Angler
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Extreme Angler
Joined: Dec 2006
Posts: 2,283 |
Market performance today looks like capitulation to me, i.e. probably time for me to jump back in. Will see how market reacts Monday morning after a weekend of non-stop virus coverage. That c word.... What's the S&P dropped this week, 10%? We had a 20% correction in late part of 2018, so this one is still short of the last major one. Tomorrow will interesting. If memory serves the dip in fall/winter of 2018 was about 16 %. This one is about 12 %(so far).
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Re: Stock market crash predictions
[Re: franchi]
#13453856
02/27/20 10:47 PM
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Joined: Sep 2006
Posts: 10,051
Spiderman
TFF Guru
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TFF Guru
Joined: Sep 2006
Posts: 10,051 |
The US bear market of 2007–2009 was a 17-month bear market that lasted from October 9, 2007 to March 9, 2009, during the financial crisis of 2007-2009. The S&P 500 lost approximately 50% of its value, but the duration of this bear market was just below average due to extraordinary interventions by governments and central banks to prop up the stock market.
The Truth is six of the seven Dwarfs are not Happy!
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Re: Stock market crash predictions
[Re: butch sanders]
#13454035
02/28/20 01:48 AM
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Joined: Sep 2008
Posts: 121,178
hopalong
Pescador Loco
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Pescador Loco
Joined: Sep 2008
Posts: 121,178 |
Just being employed and paying taxes isn’t enough. Minimum wage jobs were never intended for someone to raise a wife and kids on. Immigration both legal and illegal from third world countries with no job skills , no education is the root cause for many of our problems. Including health care and public education. Illegals shouldn’t even be here let alone are taxpayers responsible for any of there health care So are you saying just let them die? I am saying they shouldn’t be here period. If they weren’t here they wouldn’t be going to schools and doctors Enforce our immigration laws. Funny how Dems say Trump isn’t above the law when Dems themselves don’t follow immigration laws. As far as legal immigrants. We need to be more selective of who comes. If they can’t support themselves and there families we don’t need them in all respect you should spend some time with the immigrants from the South they are really good people they would much rather live in their homes down South 1 kid from Guatemala was ordered to kill 2 people, or him & his family would be killed the Mexican cartels watch the people up here & extort $ from them while threatening their families in Mexico the folks i know blame politicians who belong to the cartels we have an obligation to help these people butch, when they start doing for themselves in their country, then and only then should we consider any help. breaking our law because you are supposedly skeered is not an excuse, not by a mile. I lived around and worked around illegals for a lot of yrs. they may be the salt of the earth but they still broke our law, no excuse.
" Hop, set the hook"!
hopalong 99,999
TexDawg 99,999
FJB! not my president by a long shot!
lake fork FISHERMANS COVE MARINA/reservations - 903 474 7479
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