Black Monday

The article from RGE Monitor.

Quote from BrandNewTrader:

If all of you would like to know what is TRULY currently unfolding in the global markets, geopolitics, and economics - and what's going to happen next - go look at www.rgemonitor.com.

Sign up for the two week free trial and then thank me afterwards. The Nobel prize-winning economist Roubini predicted current 2006 events last year and some of his predictions are in the process of manifesting. His conclusion - hard landing for the US economy. The rest of the world? Hard landing as well due to the inability of the global marketplace to decouple from the state of the US economy.

You guys should really be aware of the general state of economic fundamentals around the world. Since you're supposed to be traders and all...
 

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Quote from frank grimes:

You sure about that patoo? I think we are in much worse shape than '87, but the hedgies are propping the mkt up...for now

The Fed can totally stop a surprise/panic if they want to do that.

We have no idea what Greenspan prevented, 'cuz it never happened.

Bernanke can do the same if he knows how. Its all perception.

So..lighten up

:D
 
Quote from richardyu301:

The article from RGE Monitor.
BrandNewTrader and richardyu301,
Thanks for sharing this article. Very interesting and he is talking about just the type of things I've been thinking about myself but have heard few mention, at least not linked together in the same way. Higher inflation, rising commoditiy prices, and the "fizzling out" or bursting bubble of the housing market. Plus a lot of the money and the free ride that many people got by refinancing their houses with falling interest rates is now gone and they're set to face the real financial realities without this smoke and mirror, Fed created crutch.
 
Quote from EqtTrdr:

Black Monday will be so awesome $$$


wonder how much the futures will open down on Monday...


anyone up for a lock limit down??

Down 50 at least. Maybe 100, as soon as your prediction gets out. Thats ES, not Dow, your mighty sword cuts a mean swath.
 
Quote from stock777:

Down 50 at least. Maybe 100, as soon as your prediction gets out. Thats ES, not Dow, your mighty sword cuts a mean swath.

I'm sure HedgeKing will be very happy!

I don't care which way it goes..just keep it moving, pls.

:D
 
I remember there was a prof in CA ( maybe standford )

who had some model that was supposed to predict the market

not sure how accurate it has been in recent yrs

but for a while it did look good

ps the "midnight rally" is in effect ...

if the middle east or elsewhere does not "blow up"
and if europe is not slammed on their "open"

the USA markets will attempt to open higher ( duh )

:p
 
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