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THIS IS A BIG COLLAPSE TODAY, GET OUT OF MARKETS FOREVER.

If you think a less then 1% drop from the moment you posted is a COLLAPSE well you are a joke. I see no evidance of program selling late in the day at all. I suspect if I were to look at volume figures from a series of recent days, that today's was not special in any way.

You are hysterical and emotional in all market conditions. That's one constant. I'm willing to bet that this year that most retail investors will outperform you. It would be extremely foolish to follow your advice and "get the fuck out and stay for good". If you can't handle the volatility...

US markets closed marginally lower then when you started this thread. Your ridiculous pronouncement is a COMPLETE FAIL. Meanwhile, TSX, which is the market I trade, is marginally up on the day, after gaining a fair bit yesterday. Thank god EliteTrader has bozos like you to warn everyone in...

You're an idiot. Where's the huge dump you predicted, we are basically still at the levels from 10:20 am this morning. So much for your program selling idea, total hogwash. Smart traders can see the base forming on these markets.

Impossible, E-Global's been about as bad an analyst on here as they come. He's insane. Told all his "clients" to get out of US equities late August 2010, and invest in emerging markets. Really, really bad trader.

TSX 12271 @ 2:42 pm 2 day return 5.2% What if two guys are bullish ? Rule #26a ???

All technical indications look fairly bullish for markets this afternoon. A sell off is not impossible but I highly doubt it will happen. I believe the TSX has already formed a bottom two days ago and the US indexes won't be far behind. I'm not in anything yet but its tempting.

Is there something special about August 10th in the US ???

TSX has rallied during your period of panic. Do you always react to market action this badly ??? Your post is illogical. If there was a massive wave of sell orders, and the street knows this, they would be executed immediately, not end of day. Wouldn't that be funny if it was a massive wave...

Equity buying strength returns, threatening summer sell off. TSX last 12,080. Return 3.6%

You're insane and know nothing about markets at all.

What happened to the disaster that you predicted today ? Tell me something. If you bought a house for $300,000, would you sell it a month later for $240,000 just because you heard housing prices were dropping in the future ? ps My call from last night :

You'd love the children's story about "Chicken Little". Give you something to read in your spare time this summer.

Have you got a chart that graphs the quarterly earnings of the S&P 500 versus the S&P Index ? Might be instructive. S%P analysts chose a 1350-1500 yearly close based on earnings. Earnings went up. Markets went down. Somethings got to give now. So you can bet on tanking earnings next...

Buddy, honestly why are you in a panic ? Are you not familiar with the computer manipulation of markets occuring around these scheduled news items ? "Worse day out of all" ??? Wow, I looked and markets are basically flat. some buying occurred this morning, some of those buyers are in for the...

That's illogical. You are encouraging people to sell equities at bargain basement prices. Not a smart move at all. The reason is simple; companies have an intrinsic value based on balance sheet and earnings stream. People seem desperate to invent reasons to panic sell. They don't want to feel...

From "Market Sub Outlook" Thread ... Real time call : Buy TSX Index at 11660. Get the picture ? :D

August 2010 - Was it a seasonal sell off ? Check back in a few months. Your checklist will still have the same answers but markets will likely be higher. It wasn't long ago that Caterpiller/IBM/Apple were reporting strong earnings and outlook and their stock prices were running up. Would...

There will be no QE, and markets will rally into the fall in anticipation of strong earnings. I just looked at one Canadian resource company it dropped to a P/E of 4.3 but the stock rebounded 8% this morning. There will be no crash, companies make too much money, eventually value based funds...