Moneymoney

Thu Dec 6, 2018, 10:54 AM

drop, drop, drop

https://www.cnbc.com/2018/12/05/market-sell-off-set-to-continue-as-dow-futures-get-hit.html

Dow drops 500 points, bringing its 2-day losses to more than 1,300 points

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I don't need to paste any of the article here; the headlines speak for themselves.

Obviously the markets are getting ready for 28 days hence, when Bela, Mad Maxine, and the demo socialist She Guevera take charge of things, inevitably to wreak havoc with them.

Where it's going I don't know, but smart money's getting the Hell out of the markets.

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Response to imwithfred (Original post)

Thu Dec 6, 2018, 11:11 AM

1. I'm guessing it's a combination of factors...

There is a transitional status ongoing right now with trade, we now have an incoming communist HR majority in a month, plus, and likely most predominantly, we are due for a correction anyway. the markets have been somewhat inflated for some time now IMHO. The end game will still be dramatic gains over what we previously endured, but we are due for a correction without doubt

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Response to imwithfred (Original post)

Thu Dec 6, 2018, 11:30 AM

2. Nancy led the way to the last big financial mess

In 07 and 08.

It wasn’t until 2010 things started to stabilize.

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Response to imwithfred (Original post)

Thu Dec 6, 2018, 11:32 AM

3. Smart $ is shorting the markets. An assumption on my part.

And de-leveraging as fast as they can. Again an assumption.

It looks like the beginning to a correction that was anticipated prior to the 2018 elections.

The bull market had run its course, including the trump bump, yet there's a way to go and things can change.

The arrest of the CFO of Huawei (https://www.npr.org/2018/12/06/674025148/about-npr/183726490/awards) is bad news on several levels.

Still not the end of capitalism as we know it...

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Response to imwithfred (Original post)

Thu Dec 6, 2018, 12:55 PM

4. Yep, everyone knows what pelosi did the markets last time she was in charge............

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Response to quad489 (Reply #4)

Thu Dec 6, 2018, 06:03 PM

5. Notice too that the Clinton boom never got underway

until after 1994.

One wonders what happened in 1994.

Smart money watches who's running things in this economy.

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Moneymoney