S&P 500 Trading Halted

[Cuddles]

Looks like ES pulsed for a few then flat lined once again

-20% here we come

 

[southall]

-20% here we come

I dont think we are going down 20% today or even 13%.

But maybe when the S&P 500 is down to 1250. Then a 20% down move (to 1000) is just 250 pts

 

[LacesOut]

Wonder how many fools will start saying now is the time to buy equities....haaa

We have so much more further to go. Recession is coming and the fed cant stop it this time.

Only positive I see is the 30 year fixed rate falling to 2.50-2.75% which will save people thousands a year!!!

Time to refinance after fed lowers rates again at march meeting

This is the moment you’ve been waiting for dude! Only took a global pandemic scare and 11 years!!
How short aren’t you!????

 

[southall]

This is the moment you’ve been waiting for dude! Only took a global pandemic scare and 11 years!!
How short aren’t you!????

Even the perma-bears get to be right once per decade.

 

[hhiusa]

Delicious

 

[schizo]

I would be unsurprised if markets open at 9:30 ET and immediately start bleeding again. Limits down generally beget more limits down until the market figures out what is going on.

It can only go down. I mean it will only go down.

If you lift those 4000 some idiots will start buying after you thinking the bottom is in, and you can sell back to them.

As they say, you don't need to outrun the bear. You just need to find someone dumber than you.

 

[S2007S]

This is the moment you’ve been waiting for dude! Only took a global pandemic scare and 11 years!!
How short aren’t you!????

Yep 11 long long longgggg years in the making, as you can see markets lose years worth of gains in only weeks.....so it's just proof that fear is very powerful and that if you have patience you will always have stock prices come back down to you. This could be worse than 2008 and 2009. I have mentioned that the next crisis and collapse would make the financial crisis look like it never even happened.

 

[LacesOut]

Yep 11 long long longgggg years in the making, as you can see markets lose years worth of gains in only weeks.....so it's just proof that fear is very powerful and that if you have patience you will always have stock prices come back down to you. This could be worse than 2008 and 2009. I have mentioned that the next crisis and collapse would make the financial crisis look like it never even happened.

But tell us how you were too broke or too scared to take advantage.
Be honest - what’s your position?

 

[southall]

NDX bounces off 5% limit down.
DAX which doesnt appear to have over night limits is down over 7%.

 

[NY_HOOD]

This is absolutely crazy. No one could of predicted this, its unreal.