US Dow Futures Down Over 600 Points.

Discussion in 'Stocks & Derivatives' started by ozcopper, Feb 24, 2020.

  1. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    Yes, you can put me down as a +1 for that view.
     
  2. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    I considered that, but I'm bearish the $AUD, so there could be a bit more in gold stocks yet me thinks.
     
    BuggedOut, mmm....shiney! and sgbuyer like this.
  3. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Runaway inflation, not hyperinflation.
     
  4. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    I'm still holding on to my little miners bought in the 3rd week March. Decided that 100% profit is too little to cash in. I'm looking at least 3 to 4 folds.
     
  5. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Oh wow. I cashed in at 50-100%.
    You need a reality check on relative returns. :p
     
  6. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Unfortunately, I only had a very small position, didn't expect such a quick rebound, so I'm looking to average up at a better price.
     
  7. Silverling

    Silverling Well-Known Member Silver Stacker

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    Well that was a bit of a fizzer. The DOW ended up 157 after all that.
     
  8. leo25

    leo25 Well-Known Member Silver Stacker

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    I think the Dow will be going sideways from here. Like the nikkei has.

    I think money creation will shift from Wall Street to government.
     
    mmm....shiney! likes this.
  9. mongrelmaple

    mongrelmaple Well-Known Member Silver Stacker

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    2520D8CD-1BBC-4F63-A8F0-B663F7780575.jpeg
     
  10. Silver260

    Silver260 Well-Known Member Silver Stacker

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    Yea, the Fed came out and said they're now going to buy Corporate Bonds directly.

    If it keeps dropping it'll be Shares next .....

    And this is what happens when you tie up an entire countries pension system, and wealth, in the stockmarket.
     
  11. leo25

    leo25 Well-Known Member Silver Stacker

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    It's funny that the FED feels the need to save the stock market when the market looks like this. :eek:
    It's like the pharmaceutical model, you need their help when you are feeling good. Otherwise you might feel bad.


    its a bubble.jpg
     
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  12. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    It doesn't look to me like the FED is saving the stock market, but rather, a falling stock market is the excuse for the FED to print more dollars. It could be that the FED is managing the exchange rate?
     
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  13. leo25

    leo25 Well-Known Member Silver Stacker

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    And where do you think a lot of that new credit goes?
     
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  14. leo25

    leo25 Well-Known Member Silver Stacker

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    This makes it a bit clearer. Could just be coincidence, but maybe not?

    fed dow jones.jpg
     
    Last edited: Jun 27, 2020

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