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re: IB freeman last night: “Dow will drop 1000 on Monday”

Posted on 5/6/19 at 3:36 pm to
Posted by ljhog
Lake Jackson, Tx.
Member since Apr 2009
19126 posts
Posted on 5/6/19 at 3:36 pm to
quote:

let me know how you like those declines.

I'll let you know now. A 1000 point decline (3.8%) would present a buying opportunity.
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22473 posts
Posted on 5/6/19 at 3:40 pm to
quote:

I ask for the over/under on 10000

Market thinks Trump is bluffing. If the Chinese do not come for talks let me know how you like those declines.
It's always something.
Posted by dstone12
Texan
Member since Jan 2007
30735 posts
Posted on 5/6/19 at 3:43 pm to
IB


You should love this sequence then.


If the market is zagging, then you should zig.


Aren’t market contrarians some of the richest people in the world?


Posted by bamarep
Member since Nov 2013
51818 posts
Posted on 5/6/19 at 3:45 pm to
I've never seen another human being root so hard for his fellow countrymen to suffer economic hardship.

It really is sad.
Posted by Quidam65
Q Continuum
Member since Jun 2010
19325 posts
Posted on 5/6/19 at 3:46 pm to
If he could only be a Debbie Downer on alternate Thursdays that would help me retire on time
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22473 posts
Posted on 5/6/19 at 3:47 pm to
quote:

I've never seen another human being root so hard for his fellow countrymen to suffer economic hardship.

It really is sad.
Taking one for the Gipper so he can boot Trump. Makes perfect sense - to a myopic liberal.
Posted by Magician2
Member since Oct 2015
14553 posts
Posted on 5/6/19 at 3:50 pm to
quote:

Watch the market Monday.


5/5/19 at 1:05pm


IBslaveman
Posted by deathvalleytiger10
Member since Sep 2009
7655 posts
Posted on 5/6/19 at 3:59 pm to
The market goes up, the market goes down.

Sometimes it goes up irrationally and sometimes it goes down irrationally.

But, over time it will go up unless the world is ending.

Regarding declines...Buy Mortimer, Buy!
Posted by TygerTyger
Houston
Member since Oct 2010
9283 posts
Posted on 5/6/19 at 4:02 pm to
quote:

I B Freeman



Irritable Bowel Freeman
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124688 posts
Posted on 5/6/19 at 4:20 pm to
quote:

If the Chinese do not come for talks let me know how you like those declines.
Put your money where you mouth is. The Chinese have apparently retreated from agreements across the board. So if the "market thinks Trump is bluffing," it badly miscalculated.

If you really believe the Markets will plummet, short them. Simple really.

But before you do, understand you've been mistaken repeatedly on this topic.
Posted by CAD703X
Liberty Island
Member since Jul 2008
78785 posts
Posted on 5/6/19 at 4:35 pm to
quote:

I ask for the over/under on 1000

Market thinks Trump is bluffing. If the Chinese do not come for talks let me know how you like those declines.



you are a horrible poster
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 5/7/19 at 2:30 pm to
Looks like about 600 points lost this far since Sunday’s tweet.

Wonder what the rest of the week will hold?
Posted by ChexMix
Taste the Deliciousness
Member since Apr 2014
25494 posts
Posted on 5/7/19 at 2:33 pm to
Sounds like insider trading on your part
Posted by LSUBanker
Gonzales, La
Member since Sep 2003
2555 posts
Posted on 5/7/19 at 2:33 pm to
I bought today. I'll buy again tomorrow if it goes down again and so on. That's how I make money.
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69491 posts
Posted on 5/7/19 at 2:34 pm to
You are a dullard if you aren’t buying the dip
Posted by jimmy the leg
Member since Aug 2007
35190 posts
Posted on 5/7/19 at 2:35 pm to
Soooooooo...

Even by YOUR estimate (the moving goalpost variety), NOT down 1000.
Got it.
Posted by Dead Man Walking
Member since Mar 2019
963 posts
Posted on 5/7/19 at 2:46 pm to
Now he's gonna say he meant the following day. You know he will.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124688 posts
Posted on 5/7/19 at 2:49 pm to
quote:

since Sunday’s tweet.
Today had nothing whatsoever to do with Sunday's tweet. It had to do with news of Chinese pullbacks, and a general risk off move 2° to the Fed's "transitory" comments.

We'll know more about trade status on Friday. Obviously if the Chinese walk away, their markets will heavily tank and ours will decline some. Overall though, US economic news is quite good. Economic resilience will buffer market declines here. Not so for China. So we'll see.

We have S&P shorts which we'll cash as declines continue.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 5/7/19 at 4:15 pm to
About $150 billion in cost to holders of US stocks.

Hopefully we do not sink to the lows of December when news of the trade talks were all bad.
Posted by LSUTitan
Beaumont TX
Member since Sep 2018
178 posts
Posted on 5/7/19 at 5:22 pm to
Banker...you mind if I asked what You bought?
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