michael99000
michael99000
Joined: Jul 10, 2010
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March 22nd, 2020 at 10:23:00 PM permalink
Quote: Keyser

The deal failed. It didn't pass. Pelosi just finished off the markets.



It will get passed. They know they have to do something
TigerWu
TigerWu
Joined: May 23, 2016
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March 23rd, 2020 at 8:07:06 AM permalink
This thread went off the rails quickly.
beachbumbabs
Administrator
beachbumbabs
Joined: May 21, 2013
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Thanks for this post from:
tringlomane
March 23rd, 2020 at 8:09:45 AM permalink
Quote: Keyser

Idealists Dems just ensured that the DOW crashes very hard tomorrow.

I wonder how many dems still feel that open borders is a good idea? LOL!

I wonder how many pretentious snobs still feel that closing the borders is racist and xenophobic?






Quote: Keyser

The deal failed. It didn't pass. Pelosi just finished off the markets.



Multiple political posts. 3 day suspension.
If the House lost every hand, they wouldn't deal the game.
DRich
DRich
Joined: Jul 6, 2012
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March 23rd, 2020 at 8:16:17 AM permalink
I am guessing it will close Friday around 17,800.
Order from chaos
beachbumbabs
Administrator
beachbumbabs
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March 23rd, 2020 at 8:30:15 AM permalink
I think Friday close will be around 16,500.
If the House lost every hand, they wouldn't deal the game.
odiousgambit
odiousgambit
Joined: Nov 9, 2009
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March 23rd, 2020 at 8:45:14 AM permalink
@18000 in answer to OP

IIRC the worst ever, 1929 dow high to 1932 dow low, was a drop of 83%, if that % happens again* we'll go down to about 5000 dow

I'm willing to make a large wager that we won't see that this time [might see 50% though]. Would I wager that we won't see 5 digits go to 4 digits? Yes, but not such a big wager

50% down will be around 14,500

* PS: I mean eventually, not friday
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!” She is, after all, stone deaf. ... Arnold Snyder
Hullabaloo
Hullabaloo
Joined: Nov 30, 2014
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March 23rd, 2020 at 1:00:31 PM permalink
If I liquidate all my positions it will be well over 2000.
If not, it will be below 1000.
AxelWolf
AxelWolf
Joined: Oct 10, 2012
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March 23rd, 2020 at 1:04:10 PM permalink
1 Bitcoin equals
6,281.26 United States Dollar
UP 7.24 % in the last 24hrs.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
rdw4potus
rdw4potus
Joined: Mar 11, 2010
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March 23rd, 2020 at 1:58:44 PM permalink
There's a ton of support where the market bottomed out today - Nov16 territory. the low 18,000s are going to be very hard for the market to break through from a technical standpoint. Factor in fundamentals and outside/political influences and I'd take the over on a weekly close in the 17s. Other than minor support in the 14s and again in the 11s, it's a pretty straight shot down from 18200ish to 6000ish (down to 2008/2009 lows). So here's hoping the support at 18200 holds and/or that fundamental traders win out in the coming weeks.
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
TDVegas
TDVegas
Joined: Oct 30, 2018
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March 23rd, 2020 at 2:35:28 PM permalink
Quote: Hullabaloo

If I liquidate all my positions it will be well over 2000.
If not, it will be below 1000.


Please liquidate 😉

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