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re: Futures hit limit down in less than 10 minutes

Posted on 3/22/20 at 5:49 pm to
Posted by VAvolfan
Member since Feb 2010
2326 posts
Posted on 3/22/20 at 5:49 pm to
quote:

Only 18 days to hit zero at the current down a 1000 a day clip....




I dont see that happening but that’s fricking scary to think about
This post was edited on 3/22/20 at 5:50 pm
Posted by Thecoz
Member since Dec 2018
2530 posts
Posted on 3/22/20 at 5:55 pm to
This is getting a little frothy on the negative side......
Hopefully we foam a little and hit capitulation

I can not remember how many times capitulation was called by cavuto (sp)
Last time ....

My go to analysis is ......when you see it show up in the sit com on tv ( regardless of if the cab driver making bank on a tip or millionaire losing it on a dot com)...... then it has peaked or bottomed......

Posted by Dr Rosenrosen
Member since May 2006
3338 posts
Posted on 3/22/20 at 5:55 pm to
That's impossible. Like literally impossible.
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 3/22/20 at 5:57 pm to
quote:

Ok, and the virus getting WORSE has nothing to do with it?


Virus isn’t getting worse. It’s all been political fear mongering. But the economy is still being destroyed
Posted by Lgrnwd
Member since Jan 2018
5234 posts
Posted on 3/22/20 at 5:59 pm to
Ok looks like Senate Bill has officially been killed. Lock limit down it is
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 3/22/20 at 6:02 pm to
quote:

Ok looks like Senate Bill has officially been killed.
No, it hasn't.

The vote for cloture failed, not the bill itself. Cloture can be voted on multiple times, even on the same day.
Posted by Boatshoes
Member since Dec 2017
6775 posts
Posted on 3/22/20 at 6:03 pm to
If this bear market matches the 1929 decline on a percentage basis, the Dow will bottom out around 3,200 before turning around (I’m not predicting that, but it’s increasingly looking like a retreat to the 12,000 support level is likely)

Merry Christmas.
This post was edited on 3/22/20 at 6:05 pm
Posted by Allthatfades
Mississippi
Member since Aug 2014
6717 posts
Posted on 3/22/20 at 6:05 pm to
Tomorrow is gonna be another bloodbath
Posted by GenesChin
The Promise Land
Member since Feb 2012
37706 posts
Posted on 3/22/20 at 6:06 pm to
quote:

Dems killing the senate bill is 100% the reason for this



Crazy idea here but maybe both sides are to blame.

Posted by Lgrnwd
Member since Jan 2018
5234 posts
Posted on 3/22/20 at 6:20 pm to
quote:

No, it hasn't.

The vote for cloture failed, not the bill itself. Cloture can be voted on multiple times, even on the same day.


I just meant killed for the night. This was in regards to the futures possibly turning around before the open.

But looks like a blood bath is in store
This post was edited on 3/22/20 at 6:21 pm
Posted by Lgrnwd
Member since Jan 2018
5234 posts
Posted on 3/22/20 at 6:21 pm to
Both sides are to blame. Petulant children
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 3/22/20 at 6:30 pm to
quote:

looks like Senate Bill has officially been killed.
quote:

I just meant killed for the night.
Oh, okay...
Posted by Wal-Mart Warrior
Houston
Member since Aug 2013
763 posts
Posted on 3/22/20 at 6:53 pm to
I’m not a finance/stock wiz by any means but can they close down the shorting stocks or even the stock market all together?

Edit: What are the consequences or closing down?
This post was edited on 3/22/20 at 6:55 pm
Posted by Boatshoes
Member since Dec 2017
6775 posts
Posted on 3/22/20 at 7:04 pm to
quote:

Edit: What are the consequences or closing down?


Well, it’s not really a market if you only allow it to move in one direction.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 3/22/20 at 7:04 pm to
They are moving a bit and the vix is falling a bit. Somebody is buying. We shall see I guess.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30574 posts
Posted on 3/22/20 at 7:09 pm to
Good thing OleWarSkulAlum lump sum invested 2 weeks ago. He’ll only be down 30% tomorrow
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 3/22/20 at 7:13 pm to
Go away.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30574 posts
Posted on 3/22/20 at 7:14 pm to
You did too? Sorry to hear it
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30574 posts
Posted on 3/22/20 at 7:21 pm to
Janky tell us what date you all in invested. Was it at least in March?
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 3/22/20 at 7:21 pm to
Still no substance. Just stupid OT type stuff.
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