Market Talk / Oct. 5 - 11

[amoeba]

who's going into the water first?

Time to buy (short term). Get 10% and wait for retest to rebuy.

G.L. everyone. NOW is the time.

Go for it. Nobody else is, yet. Ladies first.

(tracker shows total of one IFT posted for 10/10 COB so far, to 100%G.)

 

[Fivetears]

Yessiree buddy!

 

[amoeba]

tell me the truth

Bullishreturn, is that your garage?

I might just look at some ammo stocks. And where'd that picture go?

 

[James48843]

Sorry- I couldn't get the size right on that photo.

Will try to resize and try again.

 

[Fivetears]

Where'd the ammo dump go?

 

[James48843]

Sell stocks.


BUY AMMO AND MREs.

View attachment 4856​

 

[McDuck]

Re: asian market go into the abyss - black friday cometh?

Tomorrow is not shaping up at all good, and with the upcoming holiday here, I'm guessing we're due to be off another 10% in the S&P.

Yeah, Nikkei 225 is down over 10%

 

[McDuck]

Time to buy (short term). Get 10% and wait for retest to rebuy.

G.L. everyone. NOW is the time.

Yeah, I'm considering going back in at 20% in one fund. Which fund looks best to ya'll?

 

[Mike]

http://www.bloomberg.com/apps/news?pid=20601087&sid=aNsOyMOaLwM8&refer=home

VIX closed over 60.

 

[Show-me]

Re: asian market go into the abyss - black friday cometh?

If we go depressionary... they'll need the 700 Billion for National Guard support.

Or for the Civilian Conservation Corp camps and soup kitchens.

 

[Show-me]

Love the ammo.

 

[CountryBoy]

Love the ammo.

Also coveting a mans ammo supply.

CB

 

[James48843]

Seven minutes into trading, and the S&P500 is down over 7%.

 

[James48843]

Eight minutes.

70.12 (7.71%)

 

[James48843]

To my friends:

See you on the soup line.

 

[James48843]

Check P&F chart thread. I just posted two charts.

It's ugly.

(Although the good news is 25 billion shares traded- a flurry of volume. Capitulation near? )

 

[Mike]

I'm moving half my money market funds into the stock market next week. I'm looking at this as a once in a lifetime buying opportunity. The 30 year rate of return on an investment made at these price levels is looking incredibly good.

 

[McDuck]

 

[Fivetears]

The one your in.

Yeah, I'm considering going back in at 20% in one fund. Which fund looks best to ya'll?

 

[Mike]

(Although the good news is 25 billion shares traded- a flurry of volume. Capitulation near? )

That's something like 4x the average daily trading volume, isn't it? And if that happened in just a few minutes... oy.

I've noticed you mentioned the VIX has a target of 88 - what exactly does that translate into as far as an S&P price level? 700? 600...?