ECON FUNG RED ALERT: DOW AND NAS PLUNGE - Friday 2/28 - DOW Hits -1,000 In Early Morning Trading

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summerthyme

Administrator
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Blacknarwhal said:
Funny thing; there's a HUGE new demand vector for silver, too. Apparently, the Chinese are using it in VAPORIZERS now.

Can't find any articles about it; think I heard it in a Chris Martenson video this weekend. Still, that should be bumping up silver even farther.
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That is a HUGE...and great idea! Vaporizer scare me... unless they are religiously cleaned frequently, and disinfected regularly, they just have to be reservoirs of all sorts of nasties. A pure silver lining of certain parts *might* ensure they don't survive and thrive... and spread in the vapor. I'd love to see studies on it.

Summerthyme
 
Blacknarwhal

Blacknarwhal

Let's Go Brandon!
summerthyme said:
That is a HUGE...and great idea! Vaporizer scare me... unless they are religiously cleaned frequently, and disinfected regularly, they just have to be reservoirs of all sorts of nasties. A pure silver lining of certain parts *might* ensure they don't survive and thrive... and spread in the vapor. I'd love to see studies on it.

Summerthyme
Click to expand...

Oh, same here. The idea seems simple enough on its face; breathe in a little bit of a thing that's been shown to do horrible things to viruses. Almost like taking garlic direct to the lung.

But what that SHOULD be doing to the price of silver...wow. I mean, come on; it was one thing that it had an industrial use, but if a hundred million Red Chinese start snorting the stuff....it should be EXPLODING right now no matter how much paper funny money gets tossed at it.
 
hiwall

hiwall

Has No Life - Lives on TB
A market correction is coming - -I'm just not sure if this is it yet. :shr:
I sold my last stocks in January.
 
Knight_Loring

Knight_Loring

Veteran Member
The INSANITY of it all is upon us!

The Market, as it has been said for decades, is designed to take the most money from the most people.

This is one of those moments!!!

Investors the world over have been PRECONDITIONED to believe that the stock market is the path to prosperity.
Trap is set.
I get emails which have increased in intensity about the coming Melt-Up of stocks... You have to be fully invested...Don't miss this once in a lifetime opportunity for riches...Only happens once in a generation...Trap is Set!

They say, We are America...The World is sending their money to us... They can't lose by investing in US stocks, bonds and the dollar...Trap is Set.

We may be at a pivotal time in accordance with Biblical prophesy... Wrath and Sorrows.... We are told to buy stocks.

Just heard a portion of a live Think or Swim broadcast.... telling me there are good opportunities to buy certain stocks today... Trap is Set.

We have read of the war on cash in the past few days...We all know of the crazy debt problems. New money system to follow to solve all problems. Yeah, Right.

The Trap will soon snare the unsuspecting.

JMHO!!!
 
doctor_fungcool

doctor_fungcool

TB Fanatic
Knight_Loring said:
The INSANITY of it all is upon us!

The Market, as it has been said for decades, is designed to take the most money from the most people.

This is one of those moments!!!

Investors the world over have been PRECONDITIONED to believe that the stock market is the path to prosperity.
Trap is set.
I get emails which have increased in intensity about the coming Melt-Up of stocks... You have to be fully invested...Don't miss this once in a lifetime opportunity for riches...Only happens once in a generation...Trap is Set!

They say, We are America...The World is sending their money to us... They can't lose by investing in US stocks, bonds and the dollar...Trap is Set.

We may be at a pivotal time in accordance with Biblical prophesy... Wrath and Sorrows.... We are told to buy stocks.

Just heard a portion of a live Think or Swim broadcast.... telling me there are good opportunities to buy certain stocks today... Trap is Set.

We have read of the war on cash in the past few days...We all know of the crazy debt problems. New money system to follow to solve all problems. Yeah, Right.

The Trap will soon snare the unsuspecting.

JMHO!!!
Click to expand...

Well said!!!
 
NoMoreLibs

NoMoreLibs

Kill Commie's, Every Single One Of Them!
It's my fault. I bought my first two stocks (directly) ever a couple of weeks ago; DUST. Since then, have had my ass handed to me, lost over $2. The instant I sell them they'll go to $40 and the market will SOAR. It never fails.
 
D

Dozdoats

On TB every waking moment
If you aren't set up at this point not to have to worry about the Dow … it may be too late to get there. That's been the point here since Greenspun...
 
N

night driver

ESFP adrift in INTJ sea
No, the Pump Monkees are BEING PRIMED with world record lines of coke. Nowadays the pumps are self-priming but the MONKEES need to be cocaine primed...
 
Melodi

Melodi

Disaster Cat
I can't find the current "Halt numbers" I think it goes by a percentage of the stock market(s) and they change the numbers every few months but I obviously don't know the right keywords to see what it currently is for the Dow Jones.

Since it hasn't halted yet, it is probably higher than 1,000 these days (not a surprise given how high it is over-all).
 
Red Baron

Red Baron

Paleo-Conservative
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Melodi said:
I can't find the current "Halt numbers" I think it goes by a percentage of the stock market(s) and they change the numbers every few months but I obviously don't know the right keywords to see what it currently is for the Dow Jones.

Since it hasn't halted yet, it is probably higher than 1,000 these days (not a surprise given how high it is over-all).
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Post# 9 on this thread,

ECON - FUNG RED ALERT: DOW AND NAS PLUNGE - Friday 2/28 - DOW Hits -1,000 In Early Morning Trading

futures down 821 this morning Gold is up $1686.00 per OZ
xf.timebomb2000.com xf.timebomb2000.com
 
Melodi

Melodi

Disaster Cat
Thanks so about 2,000 points currently, I didn't realize we had two threads going but these are fast moving times!
 
The Hammer

The Hammer

Has No Life - Lives on TB
Currently -966.

Maybe we'll bounce to green before close.

And as always, folks, please keep arms and legs inside the ride at all times. Thanks.
 
N

night driver

ESFP adrift in INTJ sea
twobarkingdogs said:
Stole this from the vanguard site. With a DJIA of 28000 we need almost a 2000 point drop for the circuit breakers to kick in.

tbd

Vanguard - Market circuit breakers

personal.vanguard.com

Market volatility regulations
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Circuit breakers
Circuit-breaker points represent the thresholds at which trading is halted market-wide for single-day declines in the S&P 500 Index. Circuit breakers halt trading on the nation's stock markets during dramatic drops and are set at 7%, 13%, and 20% of the closing price for the previous day. The circuit breakers are calculated daily.

Level 1 halt (7%)
  • Trading will halt for 15 minutes if drop occurs before 3:25 p.m.
  • At or after 3:25 p.m.—trading shall continue, unless there is a Level 3 halt.
Level 2 halt (13%)
  • Trading will halt for 15 minutes if drop occurs before 3:25 p.m.
  • At or after 3:25 p.m.—trading shall continue, unless there is a Level 3 halt.
Level 3 halt (20%)
  • At any time during the trading day—trading shall halt for the remainder of the trading day.
Single stock price bands
The SEC implemented a new marketplace rule, known as the Limit Up-Limit Down Rule, designed to prevent trades from executing outside of price bands established throughout the day for individual stocks and exchange-traded funds (ETFs).
Click to expand...

Above says "...closing price for the previous day..."

Hmmmm, they no longer use the closing price for the previous QUARTER end of bus day??
 
20Gauge

20Gauge

TB Fanatic
NoMoreLibs said:
It's my fault. I bought my first two stocks (directly) ever a couple of weeks ago; DUST. Since then, have had my ass handed to me, lost over $2. The instant I sell them they'll go to $40 and the market will SOAR. It never fails.
Click to expand...
So help the rest of us and start selling..... thank you in advance for taking it in the shorts....lol
 
Chance

Chance

Veteran Member
Financial guy called me this AM - I asked about money market accounts and he said they invest in primarily US treasuries...which China owns the bulk of. I would guess that as China continues to tank they'll call those due and cash in. We don't have the bucks....I'd think US treasuries would crash. Just my thoughts.

Don't know what he's doing with my money - he said he'd 'make it safer'...whatever that means.

We are probably beyond all help -just band-aids now.

When the world finds out this is a bioweapon.....this is all new territory. Nobody knows what's going to happen. But it's going to hurt. And CDC and WHO are only compounding the problems.
 
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