Gotta love ZERO RISK in the SP500 = $$$

So the only way to lift the market is to gap the opens. What changed in an hour to make such a drastic difference.,.....nothing nothing at all. Don't forget its end of quarter so expect a concerted effort to lift the markets.
 
S2007S said:
This guy is calling for Dow 11,500....I think he's right...I give it a 3 -4 year time frame.

http://www.cnbc.com/2016/06/22/dow-11500-is-a-matter-of-when-not-if-advisor.html
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So you've revised your forecast then. When the SPX was at 1882 last year, you said it could drop at least 40% "easily" and in another post said a 40-60% crash was "imminent" ( can't remember exactly when; let's just say your stated time frame expired ).

So now you say it's going to take 3-4 years.
 
This whole brexit thing reminds me of last years Greek crisis, seems like there is a crisis every summer to keep trading volumes alive....haha such a rigged system. Anyone who thinks they will leave the EU is kidding themselves, its rigged people they won't let them leave, the out come is all ready known.
 
Rickshaw Man said:
This whole brexit thing reminds me of last years Greek crisis, seems like there is a crisis every summer to keep trading volumes alive....haha such a rigged system. Anyone who thinks they will leave the EU is kidding themselves, its rigged people they won't let them leave, the out come is all ready known.
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Of course they wont leave, polls reflect that, the question is if staying is priced in.
 
Rickshaw Man said:
This whole brexit thing reminds me of last years Greek crisis, seems like there is a crisis every summer to keep trading volumes alive....haha such a rigged system. Anyone who thinks they will leave the EU is kidding themselves, its rigged people they won't let them leave, the out come is all ready known.
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The interesting part of this whole ordeal is that volatility has spiked so much that it could be just what is needed to fuel this thing even further...Granted, the seasonal aspect isn't so hot, but this market was dying of apathy on June 8th with the VIX down under 13...coming off of the low 20's, might be a different matter.
 
Rickshaw Man said:
This whole brexit thing reminds me of last years Greek crisis, seems like there is a crisis every summer to keep trading volumes alive....haha such a rigged system. Anyone who thinks they will leave the EU is kidding themselves, its rigged people they won't let them leave, the out come is all ready known.
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Exactly... All this wasted time trying to see what the outcome is when we all know nothing is changing....we should have all the answers in the next 48 hours but I can tell you the answer now..... There is going to be absolutely no BREXIT .....fools
 
Nine_Ender said:
So you've revised your forecast then. When the SPX was at 1882 last year, you said it could drop at least 40% "easily" and in another post said a 40-60% crash was "imminent" ( can't remember exactly when; let's just say your stated time frame expired ).

So now you say it's going to take 3-4 years.
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As I said a million and 8 times as long as yellen and friends are here along with all the other central banks intervening, the collapse will be prolonged, however remove all the central banks from the equation at this very second and you would see one of the greatest economic collapses in history......
 
Nine_Ender said:
So you've revised your forecast then. When the SPX was at 1882 last year, you said it could drop at least 40% "easily" and in another post said a 40-60% crash was "imminent" ( can't remember exactly when; let's just say your stated time frame expired ).

So now you say it's going to take 3-4 years.
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While you're busy chastising S2007S (and stalking him around this thread endlessly), why don't we talk about your confidence that the Fed would stick to their "rate normalization" campaign...
 
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