Author Topic: Dow Crash Coming To Your 401K (2007 to 2022) (Read 462222 times)

Bindare_Dundat · « **Reply #2075 on:** June 15, 2009, 12:29:24 PM »

Quote from: GigantorX on June 15, 2009, 12:28:31 PM

Agreed.

Seriously, getbig should be paying this guy.

Neurotoxin · « **Reply #2076 on:** June 16, 2009, 03:21:16 AM »

Quote from: Neurotoxin on June 10, 2009, 12:06:03 PM

i expect a downside test to S&P 915

guys, if we breach S&P 915-920 (919 was struck yesterday) 900 will act as our next instit. support level. (imo)

also, continue observing UNG.

NT

Neurotoxin · « **Reply #2077 on:** June 16, 2009, 01:52:13 PM »

Quote from: Neurotoxin on June 10, 2009, 12:06:03 PM

i expect a downside test to S&P 915

NT

Quote from: Neurotoxin on June 16, 2009, 03:21:16 AM

guys, if we breach S&P 915-920 (919 was struck yesterday) 900 will act as our next instit. support level. (imo)

today we breached the S&P 915.00 mark. i'm anticipating a level of support near 900. violate 900.... things get ugly fast.

NT

U.S. Stocks Fall; S&P 500 Has Biggest Two-Day Drop Since April

June 16 (Bloomberg) -- U.S. stocks fell, sending the Standard & Poor’s 500 Index to its biggest two-day tumble since April, as Best Buy Co. posted disappointing sales and commodity producers sank on concern the economic rebound will stall.

Best Buy, the world’s biggest electronics retailer, plunged 7.3 percent after profit slumped 15 percent. Freeport-McMoRan Copper & Gold Inc. and Occidental Petroleum Corp. sank at least 4.1 percent to lead commodity shares lower as oil erased a 3 percent gain and copper declined. AT&T Inc. lost 1.7 percent after the largest U.S. phone company was downgraded at Barclays Plc. Treasuries rose for a fourth day and the dollar weakened.

The Standard & Poor’s 500 Index, which surged 40 percent from a 12-year low in March through last week, retreated 1.3 percent to 911.98 at 4:02 p.m. New York time. The index slid 2.4 percent yesterday, the most since May 13. The Dow Jones Industrial Average sank 107.24 points, or 1.3 percent, to 8,504.89.

Soul Crusher · « **Reply #2078 on:** June 16, 2009, 01:55:53 PM »

Quote from: Neurotoxin on June 16, 2009, 01:52:13 PM

today we breached the S&P 915.00 mark. i'm anticipating a level of support near 900. violate 900.... things get ugly fast.

NT

U.S. Stocks Fall; S&P 500 Has Biggest Two-Day Drop Since April

June 16 (Bloomberg) -- U.S. stocks fell, sending the Standard & Poor’s 500 Index to its biggest two-day tumble since April, as Best Buy Co. posted disappointing sales and commodity producers sank on concern the economic rebound will stall.

Best Buy, the world’s biggest electronics retailer, plunged 7.3 percent after profit slumped 15 percent. Freeport-McMoRan Copper & Gold Inc. and Occidental Petroleum Corp. sank at least 4.1 percent to lead commodity shares lower as oil erased a 3 percent gain and copper declined. AT&T Inc. lost 1.7 percent after the largest U.S. phone company was downgraded at Barclays Plc. Treasuries rose for a fourth day and the dollar weakened.

The Standard & Poor’s 500 Index, which surged 40 percent from a 12-year low in March through last week, retreated 1.3 percent to 911.98 at 4:02 p.m. New York time. The index slid 2.4 percent yesterday, the most since May 13. The Dow Jones Industrial Average sank 107.24 points, or 1.3 percent, to 8,504.89.

Thanks for the update!

GigantorX · « **Reply #2079 on:** June 16, 2009, 03:30:49 PM »

So, we have had the U.S. markets surge pretty strongly for no real fundamental reason other than positive thoughts that there may be positive outlooks...Now it seems that the market has stopped, taken a breath and realized that there may have been no real reason for the market to surge the way it did.

If the S&P drops below 900 does it continue on a free fall, or are we going to see drops, resistance, hold the line, drop farther, repeat?

Neurotoxin · « **Reply #2080 on:** June 16, 2009, 03:45:07 PM »

Quote from: GigantorX on June 16, 2009, 03:30:49 PM

So, we have had the U.S. markets surge pretty strongly for no real fundamental reason other than positive thoughts that there may be positive outlooks...Now it seems that the market has stopped, taken a breath and realized that there may have been no real reason for the market to surge the way it did.

If the S&P drops below 900 does it continue on a free fall, or are we going to see drops, resistance, hold the line, drop farther, repeat?

i don't forsee another freefall, rather a series of rallies w/ attendant failures.

NT

Neurotoxin · « **Reply #2081 on:** June 16, 2009, 03:47:35 PM »

Quote from: 333386 on June 16, 2009, 01:55:53 PM

Thanks for the update!

welcome.

NT

GigantorX · « **Reply #2082 on:** June 16, 2009, 03:48:26 PM »

Quote from: Neurotoxin on June 16, 2009, 03:45:07 PM

i don't forsee another freefall, rather a series of rallies w/ attendant failures.

NT

So we should see something in the form of a W on the charts for the foreseeable future?

Alex23 · « **Reply #2083 on:** June 16, 2009, 08:11:30 PM »

Quote from: GigantorX on June 16, 2009, 03:48:26 PM

So we should see something in the form of a W on the charts for the foreseeable future?

GigantorX · « **Reply #2084 on:** June 16, 2009, 08:13:36 PM »

Quote from: Alex23 on June 16, 2009, 08:11:30 PM

Anything of relevance to add?

No? Fuck off then, "Champ".

Alex23 · « **Reply #2085 on:** June 16, 2009, 08:16:19 PM »

Quote from: GigantorX on June 16, 2009, 08:13:36 PM

Anything of relevance to add?

No? Fuck off then, "Champ".

If you really knew who this "guy" is, you would take his cock out of your mouth, breath again and feel violated.

All cut and paste.

GigantorX · « **Reply #2086 on:** June 16, 2009, 08:18:43 PM »

Quote from: Alex23 on June 16, 2009, 08:16:19 PM

If you really knew who this "guy" is, you would take his cock out of your mouth, breath again and feel violated.

All cut and paste.

Who cares. So is everyone else's shit on this board.

And who said I was taking his advice? I'm just posting on a message board man.

Soul Crusher · « **Reply #2087 on:** June 17, 2009, 05:23:16 AM »

Quote from: Neurotoxin on June 17, 2009, 03:29:30 AM

GigantorX, Alex23 is angry that i refuse to answer his PM's pertaining to the Market.

ignore this child.

NT

Neuro - i heard this guy on the radio (WOR 710 NYC) prediciting a brief upswing and then a massive crash in the fall.

He listed a website: www.marketpatternwatch.c om

Have you ever heard of this guy?

Neurotoxin · « **Reply #2088 on:** June 17, 2009, 05:50:14 AM »

Quote from: 333386 on June 17, 2009, 05:23:16 AM

Neuro - i heard this guy on the radio (WOR 710 NYC) prediciting a brief upswing and then a massive crash in the fall.

He listed a website: www.marketpatternwatch.c om

Have you ever heard of this guy?

vaguely.

in order to keep my Market Analysis completely objective, avoidance of "talking heads" is essential. (with few exceptions)

NT

Soul Crusher · « **Reply #2089 on:** June 17, 2009, 05:59:58 AM »

Quote from: Neurotoxin on June 17, 2009, 05:50:14 AM

vaguely.

in order to keep my Market Analysis completely objective, avoidance of "talking heads" is essential. (with few exceptions)

NT

His point was that the usual crowd of talking heads is not thinking long term enough in that we are going through a 75 cycle (As opposed to a shorter term cycle) and that it topped out in 2006-2007 and now we are heading for a huge downswing across the board.

I am trying to get the interview to post, it was very good.

Soul Crusher · « **Reply #2090 on:** June 17, 2009, 06:07:51 AM »

Quote from: Neurotoxin on June 17, 2009, 03:29:30 AM

GigantorX, Alex23 is angry that i refuse to answer his PM's pertaining to the Market.

ignore this child.

NT

Neuro - Check this out.

If you have a chance - what are your thoughts on this?

http://www.marketpatternwatch.com/uploads/WallStreetTranscriptInterview_041409.rtf

Bindare_Dundat · « **Reply #2091 on:** June 17, 2009, 07:32:37 AM »

Quote from: Alex23 on June 16, 2009, 08:11:30 PM

What is your problem?

Neurotoxin · « **Reply #2092 on:** June 17, 2009, 01:29:46 PM »

Quote from: Neurotoxin on June 16, 2009, 03:21:16 AM

guys, if we breach S&P 915-920 (919 was struck yesterday) 900 will act as our next instit. support level. (imo)

also, continue observing UNG.

NT

test @ 915.00 failed as anticipated. S&P struck 903.00 and bounced slightly to finish @ 910.00

holding 900 is essential.

NT

Neurotoxin · « **Reply #2093 on:** June 17, 2009, 01:43:04 PM »

Quote from: 333386 on June 17, 2009, 06:07:51 AM

Neuro - Check this out.

If you have a chance - what are your thoughts on this?

http://www.marketpatternwatch.com/uploads/WallStreetTranscriptInterview_041409.rtf

interesting interview. we mostly agree.

NT

Soul Crusher · « **Reply #2094 on:** June 17, 2009, 01:49:12 PM »

Quote from: Neurotoxin on June 17, 2009, 01:43:04 PM

interesting interview. we mostly agree.

NT

Great. Thanks.

Benny B · « **Reply #2095 on:** June 18, 2009, 08:51:19 AM »

Here's a bone for ya', kids. BAC is a BUY. $20 stock a year out.

Fury · « **Reply #2096 on:** June 18, 2009, 08:53:43 AM »

Quote from: Benny Blanco on June 18, 2009, 08:51:19 AM

Here's a bone for ya', kids. BAC is a BUY. $20 stock a year out.

Been playing a virtual stock market game with a bunch of people and just put in an order for $900k worth a 1/2 hour ago. If only it were $900k of real money.

Benny B · « **Reply #2097 on:** June 18, 2009, 08:57:22 AM »

Quote from: BerzerkFury on June 18, 2009, 08:53:43 AM

Been playing a virtual stock market game with a bunch of people and just put in an order for $900k worth a 1/2 hour ago. If only it were $900k of real money.

ha!

At least you are testing your skills in a way that you can't lose any real money.

Fury · « **Reply #2098 on:** June 18, 2009, 09:10:39 AM »

Quote from: Benny Blanco on June 18, 2009, 08:57:22 AM

ha! At least you are testing your skills in a way that you can't lose any real money.

1st place out of 51, HA. Been shorting the shit out of PNC and a few other banks. Covered all my shorts this morning and went long on BAC.

I've got some real money (not a lot) in the actual stock market but the virtual games let me fuck around with interesting strategies. Not going to be taking huge risks with my own money.

Funny thing is I'm learning a lot more doing it myself than the handful of shitty investment classes I took.

Benny B · « **Reply #2099 on:** June 18, 2009, 12:24:31 PM »

Quote from: BerzerkFury on June 18, 2009, 09:10:39 AM

1st place out of 51, HA. Been shorting the shit out of PNC and a few other banks. Covered all my shorts this morning and went long on BAC.

I've got some real money (not a lot) in the actual stock market but the virtual games let me fuck around with interesting strategies. Not going to be taking huge risks with my own money.

Funny thing is I'm learning a lot more doing it myself than the handful of shitty investment classes I took.

Those classes probably at least took away the intimidation factor of investing, if nothing else.

Assuming you are not in competition with a group of eighth grade kids, 1st out of 51 is impressive.

Have you tried to compete in some of those offering actual cash prizes? I believe there are a few out there. I know there used to be such mock portfolio competitions for students.

My virtual stock plays always do much better or much worse than my "real world" personal investments. I'm more diversified and conservative in my approach when playing for keeps.