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Started By
Message
One week ago tonight some posters were saying the Apocalypse had begun.
Posted on 8/11/24 at 6:55 pm
Posted on 8/11/24 at 6:55 pm
We had multiple threads predicting the Presidential election was going to be canceled, the U.S. dollar was on the verge of collapse, the Fed was going to call a special meeting to lower interest rates drastically on Monday, Monday stock trading would be shortened and we were in a "global meltdown."
All because U.S. stock index futures were down two or three percent on Sunday night.
Here's one thread...emergency Fed meeting predicted
Another one...Fed will cut rates 2 full percent at a special meeting
Here's the one about the Presidential election would be canceled...
Stock trading would be curbed and Monday's trading would be shortened...
Global meltdown
All because U.S. stock index futures were down two or three percent on Sunday night.
Here's one thread...emergency Fed meeting predicted
Another one...Fed will cut rates 2 full percent at a special meeting
Here's the one about the Presidential election would be canceled...
Stock trading would be curbed and Monday's trading would be shortened...
Global meltdown
11
Posted on 8/11/24 at 7:06 pm to LSURussian
It was a bit rediculous but it's not often a country's index falls 12% in one day AND on the same day Warren Buffett sells half his holdings.
I was worried for a couple of hours there.
I was worried for a couple of hours there.
Posted on 8/11/24 at 7:13 pm to LSURussian
how long has it been since you were sure Russia was going to default?
ETA 10 years ago
ETA 10 years ago
This post was edited on 8/11/24 at 7:15 pm
Posted on 8/11/24 at 7:13 pm to LSURussian
Well, when the jobs report, inflation, and VIX doin' what it did, you'd be thinking as well as most of the investors out there.
Longer term, buy and hold. DCA. DRIPs.
But still, we haven't seen something like that correction since the COVID crash.
CPI inflation data is coming out August 14. Buckle up!
Longer term, buy and hold. DCA. DRIPs.
But still, we haven't seen something like that correction since the COVID crash.
CPI inflation data is coming out August 14. Buckle up!
This post was edited on 8/11/24 at 7:29 pm
Posted on 8/11/24 at 7:27 pm to Boss13
quote:Except he didn’t. He sold sometime in the previous quarter but it was just reported on Berkshire’s required regulatory quarterly filing.
AND on the same day Warren Buffett sells half his holdings.
Posted on 8/11/24 at 7:28 pm to whiskey over ice
Yep, I missed that one. 
Posted on 8/11/24 at 7:53 pm to Boss13
quote:
but it's not often a country's index falls 12% in one
When was any of the major indexes down 12% last week?
Edit... Realized poster was not referring to the USA. My bad
This post was edited on 8/11/24 at 8:04 pm
Posted on 8/11/24 at 7:56 pm to LSURussian
Usually the MT is more reasoned than the PT.
It wasn’t for that moment in time.
It wasn’t for that moment in time.
Posted on 8/11/24 at 7:58 pm to UltimaParadox
Nikkei was down 12%
Posted on 8/11/24 at 8:03 pm to bostitch
quote:
Nikkei was down 12%
Ah that's true for some reason I read thought he was talking about the USA
Posted on 8/11/24 at 8:04 pm to LSUFanHouston
quote:
Usually the MT is more reasoned than the PT.
It wasn’t for that moment in time.
It was the same dude with his alters that posts doom and gloom every so often with a new account
Posted on 8/11/24 at 8:13 pm to LSURussian
Without opening any of those threads, did you disagree with any of them in real time?
Posted on 8/11/24 at 8:14 pm to LSURussian
So nice of you to gloat after the fact. You really have become a horrible poster.
Posted on 8/11/24 at 8:22 pm to LSUSUPERSTAR
Thank you.
Actually, I was gloating Sunday night when the meltdown was in progress not “after the fact.”
LINK
BUT THANKS FOR PLAYING, Spanky…
Actually, I was gloating Sunday night when the meltdown was in progress not “after the fact.”
LINK
BUT THANKS FOR PLAYING, Spanky…
Posted on 8/11/24 at 8:29 pm to dstone12
quote:Yep. See above post.
Without opening any of those threads, did you disagree with any of them in real time?
Posted on 8/11/24 at 8:36 pm to LSURussian
What happened to alter shite stirrer that was acting like he actually knew shite was really about to hit the fan?
Posted on 8/11/24 at 8:37 pm to LSURussian
Post below yours saved us.
People did tik tok dances to keep us out of a recession
People did tik tok dances to keep us out of a recession
This post was edited on 8/11/24 at 8:38 pm
Posted on 8/11/24 at 8:50 pm to Nole Man
quote:
CPI inflation data is coming out August 14. Buckle up!
If CPI comes out at or above 3% again, a rate cut in September is off the table. Especially when considering this:
Loading Twitter/X Embed...
If tweet fails to load, click here. Posted on 8/11/24 at 9:09 pm to tirebiter
quote:He hasn’t posted again using that screen name since 7 minutes after the U.S. markets opened on Monday morning. No idea why….
What happened to alter shite stirrer that was acting like he actually knew shite was really about to hit the fan?
Posted on 8/11/24 at 9:22 pm to Weagle25
quote:
Post below yours saved us.
People did tik tok dances to keep us out of a recession
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