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Ukshep

US Markets Opening! Best be prepared for martial law, MARKET DOOM spreading worldwide!

51 posts in this topic

They will be open in 15 minutes! lets see how this affects you guys.

Hope its not too bad? but best be prepared if its bad enough to cause a collapse you may have martial law and i guess obama will then get to stay as president.

 

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3 minutes ago, Ukshep said:

They will be open in 15 minutes! lets see how this affects you guys.

Hope its not too bad? but best be prepared if its bad enough to cause a collapse you may have martial law and i guess obama will then get to stay as president.

 

I'm gonna go grab me a burrito, so I can watch this... lol

Check this video out by monty.

 

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Dow -536.77

17,474.30

-2.98%

-

Nasdaq -171.13

4,738.91

-3.49%

-

S&P -56.30

2,057.02

-2.66%

Looks like it has begin. 3-4% drops on us markets at open. Still dropping!

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How markets close today will matter more than how they open....for Europe and the US both.

If Europe goes weak in the knees between now and the close Monday will look to be rougher.  If it trends higher, Monday will look more solid.

But, regardless, Japan has some real issues going on.  News over the weekend could easily have traders who are comfortable with their holdings at today's close, very uncomfortable after Japan's action late Sunday night.

Only time will tell, but this volatility and uncertainty make this an "anything can happen at any time" market for at least the next few trading days.  If Japan fails to defend 102 Yen and it goes much below that at today's NY close it will breed a new round of volatility to open next week with.

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As I said and Cryptic mole, who's opinion holds more weight. Nothing will happen. all will correct by monday.

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Posted (edited)

Just now, thedudeabides said:

As I said and Cryptic mole, who's opinion holds more weight. Nothing will happen. all will correct by monday.

How much you want to bet on that?

PS:  and that isn't what CM said.  I'd suggest you allow him to speak for himself.  His analysis was a lot more nuanced than that and he didn't say diddly squat about Monday

 

 

Edited by Jostler

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1 minute ago, Jostler said:

How much you want to bet on that?

 

Considering things look no worse than a typical bad jobs report. All I have.

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18 minutes ago, Jostler said:

How much you want to bet on that?

PS:  and that isn't what CM said.  I'd suggest you allow him to speak for himself.  His analysis was a lot more nuanced than that and he didn't say diddly squat about Monday

 

 

Uhmmm he clearly stated, the market will dip, then correct by monday. When I say by monday I mean by close on monday.

 

The following is what I posted earlier today on page two of this thread:

Even something this big will be absorbed in the markets. They always are, and in a few days, the markets will return to their current trends they were headed before the bad news. You may have a bad day tomorrow and even on Monday, but during the week, things will slowly reverse and change direction again.~Cryptic mole

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Yep market is down, however I don't see it staying down too long today. By the close its should be up more than it is now. But still gonna be down lower than yesterday for the day. 

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1 minute ago, Groove said:

Yep market is down, however I don't see it staying down too long today. By the close its should be up more than it is now. But still gonna be down lower than yesterday for the day. 

Good to see someone else balanced like myself on this. To much doom and fearporn being spread over such a trivial event.

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Retitle or add the to the title. MARKET DOOM

 

AUSTRALIANS overseas are stranded without cash after Commonwealth Bank suspended foreign exchange of the British pound following the Brexit referendum.
Commonwealth Bank confirmed on Twitter that they had temporarily suspended the exchange of British pounds and any other exchanges not involving Australian dollars until Monday.
“We are sorry but due to recent results from the British exit referendum we are temporarily suspending all foreign exchange of GBP pounds and transactions that do not include AUD until the morning of Monday, 27 June,” tweeted Commbank.

http://www.news.com.au/finance/business/banking/brexit-commonwealth-bank-suspends-foreign-exchange-of-british-pounds/news-story/9f0d6496ffe4ec29b1fe51ca55afdbbe

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