Boners big market crash?

Remember when nobama kept saying that the markets will crash and we will be in a great depression if we didn't pass the stimulus. They just try to create a sense of urgency to pass the damn bill without anyone reading it. The politicians do this urgency tactic and everyone falls for it.
 
Quote from noob_trad3r:

Where is it? Its just down .27%? Boner said a deal needed to be made before monday or market calamity? Where is the calamity?
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Who is Boner?
 
Quote from trendy:

I guess you didn't notice the 20 point ES point drop on Sunday's re-opening.
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I guess you are kidding, right? 20 pts is not even 2%. Give me 4% and I will tell you that you have a minicrash. Give me 8% and I will take it as a crash.
 
See S&P500 chart originally posted on blog on January 2011.

This monthly chart show a series of broadening patterns, aka
megaphone wedges. The three broadening formations pictured
reveal an unstable market where buyers and sellers battle for
control. The first two megaphones make clear the eventual victors.

Prepare for the next Black Swan which will be ‘unexpected and
could never have been predicted’.

http://stockmarket618.wordpress.com
 
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