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  1. #11671
    nah bro im sweat mike.hunt's Avatar
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    What a time to be alive.

    Brb going to Cracker Barrel expecting it to be a ghost town

  2. #11672
    N3rd Op3rator twovalvekid's Avatar
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    Originally Posted by mike.hunt View Post
    What a time to be alive.

    Brb going to Cracker Barrel expecting it to be a ghost town
    lolz. I just had chinese food....

    inb4 too soon
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  3. #11673
    User Registered Carbonfibre's Avatar
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    Originally Posted by fate0311 View Post
    The market is going to panic. It's done. Futures hit in less than 30.
    10 minutes before futures open.


    holy shiit they really are phucking retards


    we haven't even hit bottom and they play their last card.

  4. #11674
    Proud dad IH8RICE's Avatar
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    Originally Posted by twovalvekid View Post
    Ok boyos what's the plan for tomorrow now....

    Might be a juicy time to refinance here shortly.
    I’m looking forward to the fed’s meeting. Another 50-75bps would have me creaming my pants to the bank for a refinance.

    Edit- read up and I’m creaming...
    Originally Posted by mike.hunt View Post
    What a time to be alive.

    Brb going to Cracker Barrel expecting it to be a ghost town
    God I love Cracker Barrel.

  5. #11675
    God loves you Venom08's Avatar
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    Originally Posted by lockdev View Post
    It's going to be a complete disaster. They have very few tools left in their toolbelt.

    Look for even more QE coming soon.

    The Fed will continue to prop until the economy implodes.

    They act as if recessions should never happen. The Fed's reaction to this whole situation will go down in history as being the second worst financial economic decision in US history.
    Cutting rates never works. Rates are technically supposed to rise during times like these since lenders are more reluctant to give out loans. When the fed cut rates by 50 bp the other week, markets still tanked. So cutting to 0 won't mean anything in regards to propping up the market.

  6. #11676
    N3rd Op3rator twovalvekid's Avatar
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    Originally Posted by IH8RICE View Post
    I’m looking forward to the fed’s meeting. Another 50-75bps would have me creaming my pants to the bank for a refinance.


    God I love Cracker Barrel.
    I have a house i rent out in VA that i lose a decent amount on every month because i bought in...wait for it....late 2007. So i did almost a 100% finance with PMI at the time. I have enough cash to get it to 80% LTV currently and refinancing with 30 years would get about 900 bucks a month in my pocket. And with these rates coming...yessir!


    And thank god i dumped by Bank of America friday. whoof. I bet it takes a hit.
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  7. #11677
    Registered Developer lockdev's Avatar
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    Originally Posted by twovalvekid View Post
    Ok boyos what's the plan for tomorrow now....

    Might be a juicy time to refinance here shortly.
    We're in uncharted waters. Nobody really has any idea.

    I'd expect futures to spike. Spike at opening bell tomorrow, followed by an absolute crater.

    With QE announced, and even more likely on the way, I'd buy gold, but companies are going to dump gold when this chitstorm eventually ends to cover their bills.

    We're fuarked no matter where you turn.
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  8. #11678
    Registered Developer lockdev's Avatar
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    Originally Posted by Venom08 View Post
    Cutting rates never works. Rates are technically supposed to rise during times like these since lenders are more reluctant to give out loans. When the fed cut rates by 50 bp the other week, markets still tanked. So cutting to 0 won't mean anything in regards to propping up the market.
    I was referring to the QE, not the rates.
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  9. #11679
    N3rd Op3rator twovalvekid's Avatar
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    Originally Posted by lockdev View Post
    We're in uncharted waters. Nobody really has any idea.

    I'd expect futures to spike. Spike at opening bell tomorrow, followed by an absolute crater.

    With QE announced, and even more likely on the way, I'd buy gold, but companies are going to dump gold when this chitstorm eventually ends to cover their bills.

    We're fuarked no matter where you turn.
    I sold up Friday to generate some cash. If it's up big at open, might be some more selling on my part for more cash.
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  10. #11680
    Banned KramericaInd's Avatar
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    I hope stocks plummet on the upcoming week. Got a hard on and a solid 10k to put in ETFs.

  11. #11681
    Manlet of Steel Exiled93's Avatar
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    Opening candle is red as phuk....

    annnnnd here comes the green.


    bulls and bears going head to head this week.

  12. #11682
    User Registered Carbonfibre's Avatar
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    and futures are red.


    circuit breaker tmmrw again

  13. #11683
    Registered User Kane_89's Avatar
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    I cannot stress enough at how bad the Fed has f*cked up here. Futures are RED after a 100 basis point cut and QE. We may rally tommorow, but if we dont this market is going down -50% over the next few months.

    The timing of this is unbelievably stupid. Complete panic move, now theyre out of ammo
    MIKE TYSON: "When you see me smash somebody's skull, you'll enjoy it."

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  14. #11684
    Registered User 10w30's Avatar
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    Slashing the interest rates is crazy.

    When FED chair Alan Greenspan slashed rates it gas lit the housing crash and financial bust of 2007 - 2009.

  15. #11685
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    Originally Posted by Kane_89 View Post
    I cannot stress enough at how bad the Fed has f*cked up here. Futures are RED after a 100 basis point cut and QE. We may rally tommorow, but if we dont this market is going down -50% over the next few months.

    The timing of this is unbelievably stupid. Complete panic move, now theyre out of ammo
    This move by the Fed is like the pilot of an airplane telling all the passengers not to panic, while he puts on his parachute.

  16. #11686
    Lord of Ruin Humungus's Avatar
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    Originally Posted by Kane_89 View Post
    The timing of this is unbelievably stupid. Complete panic move, now theyre out of ammo
    Seriously the timing is so botched. This is like busting your nut during foreplay.

  17. #11687
    User Registered Carbonfibre's Avatar
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    Originally Posted by 10w30 View Post
    Slashing the interest rates is crazy.

    When FED chair Alan Greenspan slashed rates it gas lit the housing crash and financial bust of 2007 - 2009.
    In 2008 when they did cut to 0.

    The market went down.

    Just checked.

    https://finance.yahoo.com/quote/%5ED...y&frequency=1d


    This is clearly panic mode again.

  18. #11688
    Proud dad IH8RICE's Avatar
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    Originally Posted by DeusExTerra View Post
    This move by the Fed is like the pilot of an airplane telling all the passengers not to panic, while he puts on his parachute.
    Plane scene in the boyz rings a bell here.

  19. #11689
    Registered User 10w30's Avatar
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    Originally Posted by DeusExTerra View Post
    This move by the Fed is like the pilot of an airplane telling all the passengers not to panic, while he puts on his parachute.
    I don't think it's the FED that wants it.

    Trump is strong arming Jerome Powell to make this move.

  20. #11690
    User Registered Carbonfibre's Avatar
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    VIX calls are gonna be insane.


    probably 80+ tmmrw


    15 minutes in halted.

  21. #11691
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    Originally Posted by IH8RICE View Post
    Plane scene in the boyz rings a bell here.



  22. #11692
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    LOL futures are down
    Laughing at your team since 2008.

  23. #11693
    Registered User 10w30's Avatar
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    Originally Posted by Carbonfibre View Post
    VIX calls are gonna be insane.


    probably 80+ tmmrw


    15 minutes in halted.
    Circuit breakers, for the circuit breakers lol.

  24. #11694
    User Registered Carbonfibre's Avatar
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    DJIA down -1000 points now.


    their next play start having all day press conferences bringing out ceo's to podium to pump market

  25. #11695
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    Originally Posted by Comply_or_Die View Post
    LOL futures are down
    Limit down already. Tomorrow we are going to see a third circuit breaker in a week lmao

  26. #11696
    N3rd Op3rator twovalvekid's Avatar
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    Soooo....might be a solid time to do some purchasing in the morning. A little...not a lot.
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  27. #11697
    User Registered Carbonfibre's Avatar
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    There was prediction going around last week they will ban short selling.


    In 2008 they did it.


    There is very likely chance they do it this coming week.

  28. #11698
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    LOL, S&P500 futures hit limit down within 15 mins of futures opening. Feds ran out of plays before the war even started. I'm starting to believe in SPY 200 by the end of April.
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  29. #11699
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    Jesus Christ how dumb is Powell right now? How the hell do you play this card before the virus even ramps up? People see right through this, we're screwed. Biden is going to get elected, we're done.

    When to switch to Chinese indexes?

  30. #11700
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    Wynn and Encore are closing until april 1st in Vegas
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