Is the stock market going to tank?

**whitekingsalmon** · 10-11-2018, 10:38 AM

420....... PYX

**bigdude2468** · 10-11-2018, 11:24 AM

Originally Posted by Benny Profane

I thought that RE game was so last century. And I'm not so sure buying other mountains contributes to economy of scale. How are costs reduced? Seems to just be a market share competition more than anything. Zero sum game. Only so many skiers, and they're not making many new ones, except for those Mormons in Utah.

Mormon's have kids but they don't ski and can't do anything on Sunday. Have heard on multiple occasions that the skiing population of SLC is very small. I tend to agree with that anecdotally. I teach each March for four Saturdays with SheJumps. They bring up kids from the local Boys & Girls Club, free lift tickets, rentals, lunch, snacks, and ski clothes, helmets & gloves. Boys & Girls Club are scattered from different socio - economic areas. The one thing that is almost universal is that 90% of the kids have never been in the mountains. I don't mean skiing, I mean never been in the mountains. Seems hard to imagine that a field trip, science project something would get them up one of the canyons by the time their 13 but actually no.

**skaredshtles** · 10-11-2018, 12:09 PM

Originally Posted by My Pet Powder Goat

I bet my financial advisor (buddy) that the market would cash in October and not reach 26k for 4 years

Based on what?

**My Pet Powder Goat** · 10-11-2018, 12:14 PM

Originally Posted by skaredshtles

Based on what?

Based on trumps heavy handed approach of the economy and my intuition. Oct is historically a bad time for markets.

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**Timberridge** · 10-11-2018, 12:15 PM

You can just say "a feeling." No one can argue with that.

Who here doesn't bet on feelings?

**Micol** · 10-11-2018, 12:22 PM

Originally Posted by 4matic

Nah. I’m all talk. If I had real positions I wouldn’t be chatting.

The documentary on PTJ “Trader” cannot be found online anymore. It is a good watch.

was that a positive or negative take on him? he has massive hobby ranch inbetween Silverthorne and Kremmling

Originally Posted by My Pet Powder Goat

Based on trumps heavy handed approach of the economy and my intuition. Oct is historically a bad time for markets.

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here's something else i came across today...several Octobers....
Attachment 250457

**skaredshtles** · 10-11-2018, 12:23 PM

Originally Posted by My Pet Powder Goat

Based on trumps heavy handed approach of the economy and my intuition. Oct is historically a bad time for markets.

Roger - I was just curious...

**muted** · 10-11-2018, 12:31 PM

Point drop should be percentage drop fro accuracy. 733 points is not as a big deal now compared to 2008.

**Brock Landers** · 10-11-2018, 12:33 PM

Originally Posted by My Pet Powder Goat

Based on trumps heavy handed approach of the economy and my intuition. Oct is historically a bad time for markets.

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6 out of the last 8 Octobers were positive with most years sp500 up over 2% for the month

Curious what your intuition said about/before September (up .6% for the month) August (up over 3%) July (up almost 4%) June (up .6%) May (up 2 and a half) April (up .4%).

**SumJongGuy** · 10-11-2018, 12:36 PM

And now they shut it down when things get really crazy like right after 911 or when some hackers appear to be rigging transactions to favor their arbitrage. Isn't that cheating to shut it down??

**4matic** · 10-11-2018, 12:45 PM

“Trader” was an excellent 7 part documentary on PBS and I did not see a negative spin too it.

https://m.imdb.com/title/tt5996252/

$200

https://rover.ebay.com/rover/0/0/0?m...2F123395878448

**jackstraw** · 10-11-2018, 12:48 PM

Man, everything is getting hit with these tarriffs. Buy now! Not stocks, just shit you need like skis, bikes...and Kinco gloves!! They'll be up 25% by 1/1/19

**4matic** · 10-11-2018, 01:03 PM

Saw a thing on small caps that basically said it’s a garbage pile because anything small that is worthwhile is soon to be or will be acquired or remains private

**4matic** · 10-11-2018, 01:22 PM

There are always a few diamonds in a mountain of coal.

Decent test of 2700. Wouldn’t surprise me to close green.

**Timberridge** · 10-11-2018, 01:34 PM

**Micol** · 10-11-2018, 02:06 PM

Originally Posted by 4matic

“Trader” was an excellent 7 part documentary on PBS and I did not see a negative spin too it.

https://m.imdb.com/title/tt5996252/

$200

https://rover.ebay.com/rover/0/0/0?m...2F123395878448

wow, thats big money for bootleg pbs....must be valuable info....from a memphis boy

Originally Posted by jackstraw

Man, everything is getting hit with these tarriffs. Buy now! Not stocks, just shit you need like skis, bikes...and Kinco gloves!! They'll be up 25% by 1/1/19

not our jackets

and we have 30% discounts on top

DOW -550 today, -1300+ for two days

Originally Posted by Bromontane

Precisely why only low-info crowd talks about 1) the Dow Jones Industrials and 2) point drops

i will wear that hat...

there's a lot of other companies stocks that are down that aren't on the dow....one ive followed since Feb closely down 20% last two days

**Micol** · 10-11-2018, 02:15 PM

Originally Posted by MiCol

after yesterday, you two might well open your own hedge funds like paul tudor jones (87 crash prediction) with these statements....

Originally Posted by 4matic

Wouldn’t surprise me to close green.

i may have to rescind...

**SumJongGuy** · 10-11-2018, 02:44 PM

What's the best guess on interest rates? Would a blue wave or a red tide November election results fare better in the markets?? We know tariffs are hurting industry short term, democrats taking back the senate might alleviate that, but the possibility of impeaching the President would definitely push far more conservative bare market decisions.

**Tye 1on** · 10-11-2018, 03:01 PM

Interesting article in the WaPost on how 'carry trade' could be setting up another big drop. link

**4matic** · 10-11-2018, 03:39 PM

Originally Posted by MiCol

i may have to rescind...

Big bounce in futures after the close.

JPM earnings tomorrow morning. Today’s low kinda needs to hold.

**4matic** · 10-11-2018, 03:41 PM

Originally Posted by Tye 1on

Interesting article in the WaPost on how 'carry trade' could be setting up another big drop. link

Currency always leads.

**Cono Este** · 10-11-2018, 03:54 PM

Originally Posted by Bromontane

It's the end of a 30 year bull market in bonds. Much, much bigger than politics, though fiscal irreverance stateside doesn't help. Bond selloff started in early September 2016. We are just experiencing trend continuation.

Probably far more significant than any other development.

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**shroom** · 10-11-2018, 04:14 PM

well, my last volatility play was a good one. also made some quick money on RDGL for a thrill but was conservative on my stop.

**dunfree** · 10-11-2018, 05:45 PM

lol, bitcoin as an island of safety.

**Benny Profane** · 10-11-2018, 06:16 PM

Originally Posted by Bromontane

Under a cyclical change within the main regression, I'd be comfortable just sitting in equities. But if USD dominance really breaks apart and yields in the US accelerate beyond a normal, cyclical high then it may be wise to start rethinking the US as an island of safety. Way too early to reach that conclusion imo, but it wouldn't be a bad time to put 1-2% of your net worth into crypto as a hedge against US collapse. I may go 10-30% into bitcoin once it bottoms est. $1-4k. It takes years for the system to adjust like that, so think of it more as a phenomenon to track at the annual level vs. panic tomorrow.

Attachment 250500

Where'd you learn to talk like that?