market selloff
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Re: market selloff
"Abandon hope all ye who enter here"
Killington Zone
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"The test of a first-rate intelligence is the ability to hold two opposed ideas in mind at the same time and still retain the ability to function" =
F. Scott Fitzgerald
"There's nothing more frightening than ignorance in action" - Johann Wolfgang von Goethe
Killington Zone
You can checkout any time you like,
but you can never leave
"The test of a first-rate intelligence is the ability to hold two opposed ideas in mind at the same time and still retain the ability to function" =
F. Scott Fitzgerald
"There's nothing more frightening than ignorance in action" - Johann Wolfgang von Goethe
Re: market selloff
To bump this epic thread...
Gold above $2,000? Bueller? Bueller?
The S&P 500 is back to 2,075 after a 2 month correction.
Gold above $2,000? Bueller? Bueller?
The S&P 500 is back to 2,075 after a 2 month correction.
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- Black Carver
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Re: market selloff
Geoff, I think your chart needs something more. I added an indicator to show when Madhatter made his famous prediction to more clearly show just how poor his timing was.
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Re: market selloff
It wasn't a prediction per se, merely the suggestion of the distinct possibility in the form of a question thus leaving open the ability to deny having actually made a prediction.
"Abandon hope all ye who enter here"
Killington Zone
You can checkout any time you like,
but you can never leave
"The test of a first-rate intelligence is the ability to hold two opposed ideas in mind at the same time and still retain the ability to function" =
F. Scott Fitzgerald
"There's nothing more frightening than ignorance in action" - Johann Wolfgang von Goethe
Killington Zone
You can checkout any time you like,
but you can never leave
"The test of a first-rate intelligence is the ability to hold two opposed ideas in mind at the same time and still retain the ability to function" =
F. Scott Fitzgerald
"There's nothing more frightening than ignorance in action" - Johann Wolfgang von Goethe
Re: market selloff
I knew you was smart Bubba, but never knew you knew another language like Legalese. You should run for office.Bubba wrote:It wasn't a prediction per se, merely the suggestion of the distinct possibility in the form of a question thus leaving open the ability to deny having actually made a prediction.
Last edited by Dr. NO on Oct 25th, '15, 07:49, edited 1 time in total.
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Shut up and Ski!
Why's Everybody Always Pickin on Me?
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- Black Carver
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Re: market selloff
I don't think I can fit all of that on the graph.Bubba wrote:It wasn't a prediction per se, merely the suggestion of the distinct possibility in the form of a question thus leaving open the ability to deny having actually made a prediction.
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- Post Traumatic Stress Syndrome
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Re: market selloff
Gold was not the only commodity to take a hit. There were tons of bargains during Aug and Sept in that arena. Grabbed a few myself as I am a sucker when the prices get real low.
If my words did glow with the gold of sunshine.
Re: market selloff
http://www.reuters.com/article/2015/11/ ... 2Y20151130" onclick="window.open(this.href);return false;Geoff wrote:What alternative universe do you live in where the IMF is going to do that? China has to totally reform their banking and capital/ownership laws before the IMF would even begin allowing the Chinese in. Ain't gonna happen in the next decade.madhatter wrote: By exercising SDR's the IMF can use the Chinese ( once the Chinese are granted SDR's) position to further weaken the USD until there is widespread pressure to replace the USD with a "new world currency" a " worldeuro" if you will.
and for the record:When the International Monetary Fund agrees on Monday to add the Chinese yuan to its reserves basket in the biggest shake-up in more than three decades, the IMF can afford itself a congratulatory nod.
By acknowledging the yuan as a major global currency alongside the dollar, euro, yen, and pound, as is widely expected, IMF members will endorse the efforts of China's economic reformers and by doing so hope that will spur fresh change in China.
https://www.imf.org/external/country/chn/rr/glance.htm" onclick="window.open(this.href);return false;
China joined the IMF on December 27, 1945, as one of its 35 original members.
funny thing about a slow motion train wreck is you are afforded ample time to get out of the way if you heed the early warning...
mach es sehr schnell
'exponential reciprocation'- The practice of always giving back more than you take....
'exponential reciprocation'- The practice of always giving back more than you take....
Re: market selloff
The gold collapse continues. It was down below $1,060 last week before rallying slightly to $1,064 today. The S&P 500 is a few percent below the record high. Most of those stocks pay some kind of dividend.
Re: market selloff
looks like china is having no effect on the market as usual...buy the dips...
mach es sehr schnell
'exponential reciprocation'- The practice of always giving back more than you take....
'exponential reciprocation'- The practice of always giving back more than you take....
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- Post Office
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Re: market selloff
Look out below.
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Re: market selloff
brexit, polls fixed, outcome denied...
Britain votes to leave EU, Cameron quits as markets dive
http://www.reuters.com/article/us-brita ... SKCN0Z902K" onclick="window.open(this.href);return false;
Britain votes to leave EU, Cameron quits as markets dive
http://www.reuters.com/article/us-brita ... SKCN0Z902K" onclick="window.open(this.href);return false;
mach es sehr schnell
'exponential reciprocation'- The practice of always giving back more than you take....
'exponential reciprocation'- The practice of always giving back more than you take....
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- Post Office
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- Joined: Sep 12th, '11, 21:53
- Location: Brooklyn, NY/Pittsford,VT
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- Signature Poster
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Re: market selloff
US politicians take note.madhatter wrote:brexit, polls fixed, outcome denied...
Britain votes to leave EU, Cameron quits as markets dive
http://www.reuters.com/article/us-brita ... SKCN0Z902K" onclick="window.open(this.href);return false;
My $.02. The EU gov't, much like the US gov't, spends a significant amount of time governing for the minority. The majority sits on the sidelines quiet as the impact to their way of life is only minimally impacted. That is, until they get tired of a government governing primarily for the minority and it begins to impact their way of life. Then they speak up, punished politicians, and take power back into their grasps. I think Brexit is the majority speaking up and out about an EU and UK leadership that governs as if London is the UK ... much like the US gov't governs as if the minority is the majority.
Re: market selloff
http://www.zerohedge.com/news/2016-06-2 ... rm-started" onclick="window.open(this.href);return false;
mach es sehr schnell
'exponential reciprocation'- The practice of always giving back more than you take....
'exponential reciprocation'- The practice of always giving back more than you take....