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Results 11,671 to 11,700 of 12001
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03-15-2020, 02:46 PM #11671
- Join Date: Aug 2010
- Location: State / Province, Canada
- Posts: 11,348
- Rep Power: 52652
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03-15-2020, 02:47 PM #11672
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03-15-2020, 02:49 PM #11673
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.
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03-15-2020, 02:50 PM #11674
- Join Date: Sep 2013
- Location: Saratoga Springs, New York, United States
- Posts: 24,917
- Rep Power: 430537
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.MFC
Misc Cologne Crew | **BBC** | Aventus Friday Crew
RIP YGST
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03-15-2020, 02:50 PM #11675
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.Misc Entrepreneur Crew
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03-15-2020, 02:51 PM #11676
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03-15-2020, 02:52 PM #11677
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03-15-2020, 02:58 PM #11678
I hope stocks plummet on the upcoming week. Got a hard on and a solid 10k to put in ETFs.
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03-15-2020, 03:01 PM #11679
- Join Date: Jan 2012
- Location: Tennessee, United States
- Posts: 6,318
- Rep Power: 23314
Opening candle is red as phuk....
annnnnd here comes the green.
bulls and bears going head to head this week.
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03-15-2020, 03:01 PM #11680
- Join Date: Aug 2010
- Location: State / Province, Canada
- Posts: 11,348
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and futures are red.
circuit breaker tmmrw again
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03-15-2020, 03:07 PM #11681
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 ammoMIKE TYSON: "When you see me smash somebody's skull, you'll enjoy it."
"I try to catch him right on the tip of the nose, because I try to push the bone into the brain."
"It's ludicrous these mortals even attempt to enter my realm."
"I can sell out Madison Square Garden masturbating"
"I'll f**k you till you love me f**got!"
"I just want to conquer people and their souls"
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03-15-2020, 03:12 PM #11682
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.
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03-15-2020, 03:12 PM #11683
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03-15-2020, 03:14 PM #11684
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03-15-2020, 03:14 PM #11685
- Join Date: Aug 2010
- Location: State / Province, Canada
- Posts: 11,348
- Rep Power: 52652
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.
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03-15-2020, 03:14 PM #11686
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03-15-2020, 03:15 PM #11687
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03-15-2020, 03:16 PM #11688
- Join Date: Aug 2010
- Location: State / Province, Canada
- Posts: 11,348
- Rep Power: 52652
VIX calls are gonna be insane.
probably 80+ tmmrw
15 minutes in halted.
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03-15-2020, 03:19 PM #11689
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03-15-2020, 03:20 PM #11690
LOL futures are down
Laughing at your team since 2008.
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03-15-2020, 03:21 PM #11691
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03-15-2020, 03:25 PM #11692
- Join Date: Aug 2010
- Location: State / Province, Canada
- Posts: 11,348
- Rep Power: 52652
DJIA down -1000 points now.
their next play start having all day press conferences bringing out ceo's to podium to pump market
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03-15-2020, 03:26 PM #11693
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03-15-2020, 03:26 PM #11694
- Join Date: Sep 2013
- Location: Saratoga Springs, New York, United States
- Posts: 24,917
- Rep Power: 430537
Soooo....might be a solid time to do some purchasing in the morning. A little...not a lot.
MFC
Misc Cologne Crew | **BBC** | Aventus Friday Crew
RIP YGST
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03-15-2020, 03:37 PM #11695
- Join Date: Aug 2010
- Location: State / Province, Canada
- Posts: 11,348
- Rep Power: 52652
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.
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03-15-2020, 03:40 PM #11696
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.
Big Baller Brand Crew
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03-15-2020, 04:06 PM #11697
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?
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03-15-2020, 04:21 PM #11698
- Join Date: Aug 2008
- Location: Henderson, Nevada, United States
- Age: 40
- Posts: 2,274
- Rep Power: 3533
Wynn and Encore are closing until april 1st in Vegas
UNLV Rebels *** Seattle University LAW *** Seattle Seahawks Crew ***
--Latinas Only Crew--
--Vegas Crew--
--Chilean Aesthetics Crew--
--Misc Firearms Crew--
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03-15-2020, 04:23 PM #11699
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03-15-2020, 04:27 PM #11700
Lower rates have never helped the market rally. QE and Keynesian economics have clearly failed. This is to help the ECB, if anything.
The Fed is actually doing this to provide liquidity to other central banks, that's all their interjections have gone to.Last edited by Venom08; 03-15-2020 at 04:34 PM.
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