Bloody Monday?

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Defiant Grunt
Defiant Grunt
5 days ago

No panic here…been out of STAWAKS, debt, and into all forms of PREP since Obama…the ABC Cut OUT was re-selected.

Al Buckner
Al Buckner
5 days ago

Don’t Forget 2008: From September 29-December 1. In four single days market lost 36%. Between 2007 and 2009, U.S. households lost over $16 trillion in net worth, the value of the stock market fell by half, and unemployment reached 10% as the crisis turned into the Great Recession. 6,000 is bad but still not 47% like 2008.
Vanguard and BlackRock are the one to watch on Monday, they begging their clients to not panic and sell off, which some will do and have been doing. Monday/Tuesday great day to buy Silver, should pullback to around $28-26 or less. Gold still has room to decline, before buying.
Biggest Fault People will Panic Sell and Lose their gains and principal cash…..
MONDAY IS GOING TO BE PANIC DAY!!

thexrayboy
thexrayboy
5 days ago

This is a buying opportunity for those who can ride out the dip….

kal kal
kal kal
5 days ago
Reply to  thexrayboy

60% of the nation aren’t going to be buyers at this point. If this is the start of the correction the count will be more like 1&

Last edited 5 days ago by kal kal
kal kal
kal kal
5 days ago
Reply to  kal kal

that’s 1%, can’t edit the comment.

kal kal
kal kal
5 days ago

expect another 20=30K drop if this is the predicted correction

Steady Steve
Steady Steve
5 days ago

Ahhhhh, the sweet smell of fear as the rentier class get hammered. It’s well past time the Wall Street crowd feels some of what main street has had to deal with for years.

Michael
Michael
5 days ago
Reply to  Steady Steve

More like the Company Retirement Funds, the School Funds and other pension funds that are all heavily invested in the stock market.

Remember that bit of legal boilerplate in your fund and retirement plans “Past performance doesn’t guarantee future returns”?

I’d bet Mr. Buffet already closed out all his options and risky stocks.

Historically the smart money knew about this and sold long before the Retail Bag Holders found out.

I’ve been through the 2007-2009 great recession. Thats why over 20% of my net worth is in physical PM.

DWEEZIL THE WEASEL
DWEEZIL THE WEASEL
4 days ago
Reply to  Michael

Word. My wife and I took a $8K hit on our brokerage account. Cashed out the remainder, paid the taxes on it and put the little left over into tangibles. Once burned, twice shy. I believe it was Groucho Marx who once referred to the stock market as a “Big Casino”.

GenEarly
GenEarly
5 days ago

Conservativetreehouse.com
Don’t get your pants wet, the WW Global may be over next week. 50 countries revising their tariffs down or out on the US.

Someguy
Someguy
5 days ago

DJIA look at historic 5y 8y 10y.this is nothing more than dump of the pump. Remember fuckers on Wallstreet, jump jump jump…

Nobody
Nobody
4 days ago

A buying opportunity is on the horizon. Watch Warren Buffet. He’s sitting on a ton of cash for a reason. Or maybe it’s not the horizon, it’s the edge of the cliff.