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I am predicting that US stock markets will have to temporarily close in the next month
- Thread starter londonkid
- Start date
if china didn't close after losing nearly 50% i sincerely doubt the US will
The US didn't close during 2008 when there were real risks that the financial system would fail.
What I find interesting about this post is that you're not a guy who posts bullshit. This is something I would expect from a member who just signed on yesterday, but given that you know your way around, this is interesting. Care to elaborate on your rationale?
I try not to post bs lol. I have also been a full on bear during the money printing experiment. Large structural changes are going on in the marketplace. The recent renminbi devalution was the starting gun. Only a huge QE4 + PBOC announcement will save equities from something nasty.
The US didn't close during 2008 when there were real risks that the financial system would fail.
a good reply newwurldmn, I think we could be in for a ride rougher than 2008.
I'm a bear as well, but I also think that the people with the most money will have the most at stake and they are in the best position to keep the game going longer. I certainly wouldn't hold anything from Friday close until Sunday open though! LOLI try not to post bs lol. I have also been a full on bear during the money printing experiment. Large structural changes are going on in the marketplace. The recent renminbi devalution was the starting gun. Only a huge QE4 + PBOC announcement will save equities from something nasty.
I found it interesting that the futures, for the NQ at least, were halted going into the Monday open, and then again right after the open for about 8 minutes. So even if holding overnight, I would make sure to keep my eye on the % drop, seeing that 5% and 7% seem to be the magic numbers, so if we ever get close to reaching those limits again, I'd close out any positions before a halt is triggered. This is assuming of course that it all works like it should. LOL
There it is. That is what I am predicting. I think there is going to be a huge rush to sell out of ANYTHING. I think markets will have to be closed to stem the flow.
Damn....that's harsh amigo. But like the other dude said, if the debacle in 2008 didn't shut things down, I don't think this will. I think we are going to have some batshit crazy moves like the close today.....but total shut down.....don't see it.
yeah, the problem with artificially orchestrating the market back up from 666 is that when you get back up to the top and people have gotten their money back they are pretty much ready to move along. The collateral damage with oil and metals and bond bubbles was certainly going to come off eventually. Then you start IPOing the likes of etsy, angi, soul cycle, shake shak...the short bus eating this stuff with a spoon. You begin to understand that all they are really looking for are BAG HOLDERS.