Dow Crash Coming To Your 401K (2007 to 2022)

[youandme]

YOur steady S&P dime is turning (turned) to copper.

If you think that the S&P is where the short shooters should live your a fool.
Volatility cries to be shorted. And that is much more common and extreme on the NAS.
Total short interest is another issue, but average good Technical trader is way better off in the NAS if shorting is his game.
Its all good with a decent entry and risk/reward, but you have less human manipulation exposure in 4 letter land.

"The S&P is better for shorting than the NASDAQ  "

Oh Brother,,,,,

Clearly a few here have never made a order entry. I highly encourage them to, Ill enjoy spending some of your money.



PPT?
Greenie points out that long term rates are the ONLY thing that can control global markets these days, and even central banks are out of control.
But he is wagering on a recession, Thats like saying it might get cold in Green Bay this week.
http://www.msnbc.msn.com/id/22915257/

Trab, earlier in this thread you said you trade with a stop/loss and a trailing stop loss, if you really do trade with a Lvevl II screen, then you should now that that is one of the dumbest things you can do, sicne the specialist and your broker see your stop loss % and bump you out of the trade. Also the NAsdaq is NO place for a rookie with the extreme voltality, the nasdaq system is much different that the nyse you just got confused again and equated voltality with profit, that is risky, it's not about taking a a risk or being right its about making money huge diffrence. You make it seem like you either have to be in the market sitting all the time on the sidelines in cash is the best play of them from Joe Kennedy etc..... Actually most REAL investors take a vaction during a bull run, Zanger, Neil. Playing 1 or 2 stocks running a trned is one thing but playing a game of 52 card pick up is another.

Also technical analysis has about a 20% place for the Nasdaq, it's all about sentiment, and emotion a 50 point  spread on stocks has nothing to do with analysis of charts.

[Thin Lizzy]

Trab, earlier in this thread you said you trade with a stop/loss and a trailing stop loss, if you really do trade with a Lvevl II screen, then you should now that that is one of the dumbest things you can do, sicne the specialist and your broker see your stop loss % and bump you out of the trade.

This is the catch 22 of trading high volitility stocks. You need to place a stop so that you don't get wiped out by a wild swing, but, if you do place one, you're playing the hand with your cards face up.

Trab can shoot his mouth off all day, but, the reality is that about 95% of Joe Schmo intraday traders eventually go bust.

[Neurotoxin]

Trab, earlier in this thread you said you trade with a stop/loss and a trailing stop loss, if you really do trade with a Level II screen, then you should now that that is one of the dumbest things you can do, since the specialist and your broker see your stop loss % and bump you out of the trade. Also the NAsdaq is NO place for a rookie with the extreme voltality, the nasdaq system is much different that the nyse you just got confused again and equated voltality with profit, that is risky, it's not about taking a a risk or being right its about making money huge diffrence. You make it seem like you either have to be in the market sitting all the time on the sidelines in cash is the best play of them from Joe Kennedy etc..... Actually most REAL investors take a vaction during a bull run, Zanger, Neil. Playing 1 or 2 stocks running a trned is one thing but playing a game of 52 card pick up is another.

Also technical analysis has about a 20% place for the Nasdaq, it's all about sentiment, and emotion a 50 point  spread on stocks has nothing to do with analysis of charts.

good post yam.  


NT

[dkf360]

This is the catch 22 of trading high volitility stocks. You need to place a stop so that you don't get wiped out by a wild swing, but, if you do place one, you're playing the hand with your cards face up.

Trab can shoot his mouth off all day, but, the reality is that about 95% of Joe Schmo intraday traders eventually go bust.

That's real talk on here.

You can tell Trab is an amateur when he actually believes technical analysis can identify when the market hits bottom.  This guy/gal/tranny honestly sounds like it just started learning how to trade options and is all excited to drop these trading terms in this thread to garner attention and praise, when in reality it comes out as a big clusterfuck of useless information and a major source of annoyance.

[stormshadow]

You are another shit talker....

PPL with money dont tend to talk/ brag numbers

Another patheic GB phony.

I never said I had money.

If anything I was bragging that I know of and have access to investments that others don't 

Between home equity and 401k's there are many people that have 250k

I don't own a home, and don't have a 401k anymore.  I pulled all my money along with two family members that wanted to invest with me.  I am working with just under 400,000 now.  I'm not wealthy, and still work my day job.

Hell, a guy I work with made 400k when he sold his house in CA and moved here.  He has it sitting in a bank CD. 

[Hugo Chavez]

now the longest thread in political.

[Neurotoxin]

guys, for your reading pleasure.


Layoff announcements jump 69% in January


Feb. 4, 2008
WASHINGTON (MarketWatch) -- A fresh surge in financial-sector layoffs contributed to a 69% increase in corporate job-cut announcements in January, according to the latest tally compiled by outplacement firm Challenger Gray & Christmas released Monday.
U.S. corporations announced 74,986 job reductions last month, up from December's 44,416 and 19% higher compared with the previous January

[Neurotoxin]

with the Fed expected to cut rates again next week, the financials should lead the market higher in the short term.

Dow 13,000 - 13,200 is possible with another 50bps cut, before we sell off again.

i still expect to hit 10,000 - 10,500 sometime this year.

IMO, long term investors should still avoid this market.   sucker rallies.......are for suckers.


all opinion, no advice.


NT

[stormshadow]

WASHINGTON (MarketWatch) -- Worries about the economy are topping Americans' minds as the Republican and Democratic presidential nominees head into crucial primaries or caucuses scheduled to take place in 24 states Tuesday, a new poll found.
On the eve of "Super Tuesday," more than eight in 10 Americans say the economy is "not so good" or "poor," while nearly six in 10 believe that the U.S. is already in a recession.
The results came in a new Washington Post-ABC News poll on Monday.

Who is the Chick in your Avatar?

[stormshadow]

i have no idea.

Seriously?

So you just take a random pic?  Wierd.

[War-Horse]

Seriously?

So you just take a random pic?  Wierd.

When you go to profile in youre account, it a stock avatar you can choose.  Most of them are hollywood stars and such......quite a few to choose from.

[Neurotoxin]

U.S. Stocks Fall After Service Industries Unexpectedly Shrink



Feb. 5 (Bloomberg) -- U.S. stocks tumbled the most in three weeks after service industries fell to the lowest levels since 2001, reinforcing speculation the economy has tipped into a recession

[Neurotoxin]

Feb. 5 (Bloomberg) -- U.S. service industries unexpectedly contracted in January at the fastest pace since the 2001 recession as the housing slump deepened and consumer spending cooled.

``This is a stunning fall,'' said Michael Moran, chief economist at Daiwa Securities America Inc. in New York. ``If accurate, it's dire news on the economy.''

[loco]

if you decide to stay in stocks for the time being......definitely get OUT after Christmas. the shit will surely hit the fan after the holiday.....if not sooner.

So when is this crash gonna happen?  The holidays have come and gone and no crash yet.  Isn't all of this just part of the economy?  Isn't the economy and the stock market a roller coaster?

If you scare enough people into withdrawing their funds, isn't that what would actually cause a crash?

I'm not an American, but the US economy does affect the world.

[stormshadow]

So when is this crash gonna happen?  The holidays have come and gone and no crash yet.  Isn't all of this just part of the economy?  Isn't the economy and the stock market a roller coaster?

If you scare enough people into withdrawing their funds, isn't that what would actually cause a crash?

I'm not an American, but the US economy does affect the world.

No, it is not up and down.  Those that understand the basis of our monetary system know that the days of runaway inflation are coming.

The middle class is being wiped out, the stock market is held up by the Fed's easy money policy, and our entire economy functions on debt.

If you have debt, and you cannot sustain yourself without more debt, it is not hard to see the inevitable result.

1 dollar today has the same purchasing power as 4 cents in 1913.  However the purchasing power of gold has essentially remained the same.  An example used is you could purchase a higher end suit for one ounce of gold.

This is not inflation from demand, this is destruction of our currency brought about by the creation of credit out of thin air, and the government printing more money.  All of the borrowing also contributes, as well.

[Neurotoxin]

So when is this crash gonna happen?  The holidays have come and gone and no crash yet.  Isn't all of this just part of the economy?  Isn't the economy and the stock market a roller coaster?

If you scare enough people into withdrawing their funds, isn't that what would actually cause a crash?

I'm not an American, but the US economy does affect the world.

the DOW has dropped 2,000 points since this thread began, and the recession has just begun.

[Neurotoxin]

So when is this crash gonna happen?  The holidays have come and gone and no crash yet. 

serious question: did you expect the stock market to go straight to zero after i started this thread ? 

the PPT has a huge impact on slowing down the capitulation.

it's called a slow bleed. 

[youandme]

the PPT has a huge impact on slowing down the capitulation.

Once again a main reason why this medicine is more dangerous than the disease 

Business cycle, it's basically the only surviving part of nature we have within our post industrialized economy, and what do we do? Disrupt it.

[Neurotoxin]

Once again a main reason why this medicine is more dangerous than the disease 

Business cycle, it's basically the only surviving part of nature we have within our post industrialized economy, and what do we do? Disrupt it.

they're just slowing down the inevitable.

[loco]

this must be a joke. you're kidding right ?

if not, the DOW has dropped 2,000 points since this thread began, and the recession has just begun.

stick around and learn "observant one".     

No.  Everybody knows that the US economy is in bad shape at the moment, but it's not the first time.  Mine is a very simple question.  Has the crash that you predicted by the end of the holidays, if not sooner, already taken place?  Is the US already in a recession?

[loco]

serious question: did you expect the stock market to go straight to zero after i started this thread ? 

the PPT has a huge impact on slowing down the capitulation.

it's called a slow bleed. 

You predicted "a crash" by the end of the holidays if not sooner.  It's February now.  Define crash.

[stormshadow]

No.  Everybody knows that the US economy is in bad shape at the moment, but it's not the first time.  Mine is a very simple question.  Has the crash that you predicted by the end of the holidays, if not sooner, already taken place?  Is the US already in a recession?

Yes, we have been in a recession for some time now, because the government uses 2-3% for yearly inflation, when the reality is that inflation is running at 10-11% 

We have been running on fumes for awhile. 

[War-Horse]

LOCO.   Re-read stormshadows post up about 8-9 on top of this one.  In the past when the market dropped and inflation was high, it was recoverable, because there was amiddle class who had options to get out.

(For instance there was a time when a family lived on one income and paid all the bills.   Well to get ahead the other spouse started working and there was extra money, so home prices rose as well as goods.  Well as time went on you had both spouses in debt with tax loads heaviar)    There are other examples too.

The last hoorah to flood the market with money was the false equity in homes had everyone making new debts......(hopefully some smart ones paid off)

Now a stimulus package has no affect....like kicking a dead horse........the cost of healthcare, homes and goods are way above what the average person has.  And the point is the average (middleclass) now has no way to obtain funds to get the economy going again.

The fix for this is for a huge price correction to happen in all feilds.............peopl e will fight this as they think their neighbors house should go down but not theirs...........too bad.

[Top Dog]

Every time the economy enters a bad cycles, the doomsdayers come out of the cracks. You hear it every time "this time it's different".  A year and a half later the economy cycles back in the other direction and the dow makes new highs. It's never not happened and this time is no different. If the economy can bounce back from 9-11, it can certaily bounce back from this.     It always has and always will.    So stop with the "this time it's different".    5 years from now we'll be in another bad part of the cycle for some reason we don't even know yet.

[loco]

LOCO.   Re-read stormshadows post up about 8-9 on top of this one.  In the past when the market dropped and inflation was high, it was recoverable, because there was amiddle class who had options to get out.

(For instance there was a time when a family lived on one income and paid all the bills.   Well to get ahead the other spouse started working and there was extra money, so home prices rose as well as goods.  Well as time went on you had both spouses in debt with tax loads heaviar)    There are other examples too.

The last hoorah to flood the market with money was the false equity in homes had everyone making new debts......(hopefully some smart ones paid off)

Now a stimulus package has no affect....like kicking a dead horse........the cost of healthcare, homes and goods are way above what the average person has.  And the point is the average (middleclass) now has no way to obtain funds to get the economy going again.

The fix for this is for a huge price correction to happen in all feilds.............peopl e will fight this as they think their neighbors house should go down but not theirs...........too bad.

Thanks stormshadow and War-Horse!  So you are saying that the market has not crashed yet, but for the reasons stated above, it will inevitably crash within months?  

Also, are you saying that once it crashes, for the reasons stated above, it will not recover like it did in 1987?