Black Tuesday - Price Collapse Imminent

[monty21]

Quote from Eliot Hosewater:

Another correction. Most of us didn't vote for Bush. I believe the number of people who voted was less than 60% of the total who could have voted, and Gore got 500,000 more votes than Bush in 2000.

As for the rest of your comment, I have trouble understanding that myself. For example, my parents were blue collar union members, yet they always voted for union-busting Republicans like Reagan. It just shows the power of propaganda.

Gotta love the Electoral College

 

[HedgefundTrader2]

Quote from Port1385:

These black threads are getting tiring, but I actually have some data that I have been compiling.

There is a 75% chance that Tueday will be down with at least a 3% drop in the indexes. However, my calculations place a 10% drop on Tuesday.

The market today opened at a high and closed at a low. Breadth on the NYSE was simply horrible with 1700 stocks declining. When the tick went above zero, then more selling pressure would come in. Even an extremely oversold TICK exhibited only feeble bounces.

It is rare to see this kind of selling pressure before Memorial Day.

On Tuesday, I suggest shorting right at the open or purchasing puts before the big 10% drop.

You have anything to back up your assumptions of a 10% drop ? Or its just mere fantasy to trade and eat concrete sandwich?

 

[HedgefundTrader2]

Quote from Alex_in_Oz:

The market will DEFINATELY drop MORE than 10% but will probably take a few weeks to get there.

I believe the whatever the Federal Reserve does it cannot stop the S&P falling 15%+ over the next month.

The American economy will implode before the end of the year.
It will take a decade to recover AT LEAST.





Just curious but why did most of you vote for Bush? TWICE!
We in Australia are baffled as to why so many very poor people vote for a Republican president such as him.

All these fantasies of market annihilation are sitting inside your twisted minds. The reality is something else. How you feel does not matters how you behave will.

The markets are oversold and sitting on 50 day Moving Averages and if they bounce here they will take out the 200 day in a hurry and that will end all your day dreams and kill your account values/

 

[stock_trad3r]

wrong wrong wrong

there will be no 10% selloff

 

[HedgefundTrader2]

Quote from stock_trad3r:

wrong wrong wrong

there will be no 10% selloff

Stock Trader these people are seriously deluded and day dreamers, never take them seriously, they have nothing to back up what they say. They couldn't even prove there was a recession... remember that nonsense?

 

[MrDODGE]

LEH down 17% Tuesday is my prediction

 

[HedgefundTrader2]

Quote from HedgefunTrader2:

Donot you mean 10% rise? This market is going nowhere but up, your recession fears are all in your head.

FAKE IMPOSTER . THE POSTER IS IN VIOLATION OF TERMS OF THIS FORUM.

 

[Thermactor]

Quote from HedgefundTrader2:

FAKE IMPOSTER .

That's a double negative.. so he's actually you? Man, that's sick. Calling yourself out that way.

 

[HedgefundTrader2]

Quote from Thermactor:

That's a double negative.. so he's actually you? Man, that's sick. Calling yourself out that way.

If it was me why would I call him out and point that? Reported this to the moderator.

 

[HedgefundTrader2]

Quote from MrDODGE:

LEH down 17% Tuesday is my prediction

So you have abandoned Technical Analysis and taken up fortune telling?

Have you noticed indexes are oversold and sitting on 50 day moving averages and yet you are shorting them?