Black Friday?

[devil21]

Correct. People time trades off of catalysts. The market was a coiled spring loaded to max to go up. You had a super stretched VIX and highest put/call ratio. The market was going to have a rip your face off rally no matter what. It was just a matter of when. People waited around for Trump's speech before the move was going to happen. He was so terrible sounding that the market tried to sell but it wanted up. It's just how things work. Most moves happen premarket and end of day. This happened end of day.

I'm not buying it. No sane person is loading up on anything right before the close over a weekend these days. That's suicide. Back in 2008 we had dead cat bounce days, so yes those are normal and to be expected. The scripted and staged move today was just ridiculous.

Yeah yeah it's just the "market"...

 

[Krugminator2]

I'm not buying it. No sane person is loading up on anything right before the close over a weekend these days. That's suicide.

The last seven friday's have closed down. That tends to be extremely bullish because it is a sign of fear of event risk. I didn't know if that would change today but I did know it is a positive sign for the market over the near term.

Back in 2008 we had dead cat bounce days, so yes those are normal and to be expected. The scripted and staged move today was just ridiculous.

Actually 2008 had two rallies like this in October. The day after Lehman feel was like a 13% up day . Look up a chart. October 10th to two days later rebounded 25%. The low of October 26th or so rebounded 18.5%. November has a washout rally of 18%.

Some of the biggest rallies and up days in history were during the Great Depression.

 

[dannno]

This is how markets behaved before there even was a Federal Reserve. Markets just don't go to zero because you wish it that way. At some point there are no more brain damaged people left to panic sell. And you always have people stepping in to buy at a discount to participate in the million percent a century upward drift that holding risky equities affords you.


The secret to making money was laid out in 1887. Don't remember a Fed in 1887. not always easy to do and occasionally you take big losses but works over time. http://www.dailyspeculations.com/Letter/cane.htm

I'm going to start using the word oftener.

 

[devil21]

The last seven friday's have closed down. That tends to be extremely bullish because it is a sign of fear of event risk. I didn't know if that would change today but I did know it is a positive sign for the market over the near term.



Actually 2008 had two rallies like this in October. The day after Lehman feel was like a 13% up day . Look up a chart. October 10th to two days later rebounded 25%. The low of October 26th or so rebounded 18.5%. November has a washout rally of 18%.

Some of the biggest rallies and up days in history were during the Great Depression.

Like I said, dead cat bounce days are normal and occurred in 2008. They do not, however, organically rise 10% in the last 15 minutes at the close on a Friday on no major news whatsoever unless the PPT is throwing the full force of the ESF at the indexes. You even said that the last 7 Fridays have closed down. There was nothing to change that sentiment. The commentator in the video explains it well. Of course he's labeled a tinfoil truther by the CNBC mouthpieces in response. Not a chance that was anything other than a highly coordinated scripted act to moonshot the indexes right before the close after a brutal week.

No matter, it's back off a cliff again shortly once the "test results" announce widespread infections.

 

[PRB]

Are you expecting a 30k Dow ?

hell no.

I'm expecting it to break 19,000 today.

Trump's legacy is effectively undone.

 

[oyarde]

hell no.

I'm expecting it to break 19,000 today.

Trump's legacy is effectively undone.

I think by tomorrow evening it has a chance to go under 19K

 

[devil21]

As an avid ticker watcher, I can 100% state that the markets are 100% controlled DAILY by the PPT now. Check out the last week's charts where EVERY MORNING the markets want to go negative after a down day, they are IMMEDIATELY turned back green when they turn red. EVERY TIME. Two day sell-offs are not being allowed to occur even though markets clearly want to. The entire thing is rigged.

The Fed will end up with full title to every stock.

 

[oyarde]

As an avid ticker watcher, I can 100% state that the markets are 100% controlled DAILY by the PPT now. Check out the last week's charts where EVERY MORNING the markets want to go negative after a down day, they are IMMEDIATELY turned back green when they turn red. EVERY TIME. Two day sell-offs are not being allowed to occur. Such rigged bs.

Krugminator could be buying all of that .

 

[devil21]

Krugminator could be buying all of that .

The moment the NYSE cleared all people off the floor and became completely computer controlled was the moment the NYSE was turned over entirely to the PPT and the charade of any "market" was over. This is ridiculous and needs to stop.

 

[oyarde]

The moment the NYSE cleared all people off the floor and became completely computer controlled was the moment the NYSE was turned over entirely to the PPT and the charade of any "market" was over. This is ridiculous and needs to stop.

Ya , I don't see how you have a stock exchange with an empty pit .

 

[devil21]

Ya , I don't see how you have a stock exchange with an empty pit .

Look at the top market movers today: Casinos, cruise lines and airlines! WTF kind of bizarro world shit is this?

 

[oyarde]

Look at the top market movers today: Casinos, cruise lines and airlines! WTF kind of bizarro world shit is this?

airlines and cruise lines should be around 0 . However that would be assuming Americans were bright and we all know that is a stretch. So who knows ?

 

[Krugminator2]

Krugminator could be buying all of that .

The moment the NYSE cleared all people off the floor and became completely computer controlled was the moment the NYSE was turned over entirely to the PPT and the charade of any "market" was over. This is ridiculous and needs to stop.

I am hugely stuck and deserve ridicule and have been wrong about this whole thing, but.... still think we see the biggest short term up move in percentage terms in stock market history out of this. I have a dozen or so indicators I look at and they are all off the charts historically.

SPY at 239.5 right now.

 

[oyarde]

I am hugely stuck and deserve ridicule and have been wrong about this whole thing, but.... still think we see the biggest short term up move in percentage terms in stock market history out of this. I have a dozen or so indicators I look at and they are all off the charts historically.

SPY at 239.5 right now.

I would not ridicule you . I hope you strike it rich .

 

[Warlord]

DOW falling fast...

 

[Warlord]

Oil now $19

 

[devil21]

DOW falling fast...

They must have honored my demand to stop it lol. It literally topped right after my last post.

 

[Warlord]

They must have honored my demand to stop it lol. It literally topped right after my last post.

Quite rare to see it fall so fast into the close.. Any idea what prompted it? I know the GOP are trying to pass a stimulus maybe it leaked and it wasn't good news..

 

[devil21]

Quite rare to see it fall so fast into the close.. Any idea what prompted it? I know the GOP are trying to pass a stimulus maybe it leaked and it wasn't good news..

I'm stickin' with my story.

eta: [MENTION=48991]Warlord[/MENTION] - CNBC just announced the first major hedge fund default and liquidation.

 

[PRB]

DOW falling fast...

feel so good to see Trump trainers suffer. I am once again reminded of what it means to be a Ron Paul supporter : happy when people lose money for believing in a fraudulent system. It took me 12 years to see this day, but totally worth the wait. I'm sure many people have lived through WW2 and still can't say they've seen the same.