Sudaca Posted January 22, 2008 Report Share Posted January 22, 2008 "RETIREMENT FUNDS IN JEOPARDY" Link to comment Share on other sites More sharing options...
Sudaca Posted January 22, 2008 Report Share Posted January 22, 2008 I think the emotional pendulum has about reached its limit during this swing. Link to comment Share on other sites More sharing options...
DrStool Posted January 22, 2008 Report Share Posted January 22, 2008 If the 3 day cycle projections don't hold, the market will deteriorate into absolute chaos. Absolute total bedlam. A real, honest to god crash of historic proportions. I don't have a clue as to whether they will hold or not. They usually hold, but there are those minority of occasions where they don't. Link to comment Share on other sites More sharing options...
DrStool Posted January 22, 2008 Report Share Posted January 22, 2008 David Tice on Gloomberg: DOW 5000! 639081[/snapback] He's the reverse of Abby Jo. Any time they put him on, it's a bottom. Gloomberg doesn't have quite the muscle that Crapvision has though. When he's on Crapvision, cover all your shorts. This is just a warning shot that the bottom is near. Link to comment Share on other sites More sharing options...
DrStool Posted January 22, 2008 Report Share Posted January 22, 2008 5 hr cycles appear on the verge of rolling over here. Look out below. Link to comment Share on other sites More sharing options...
DrStool Posted January 22, 2008 Report Share Posted January 22, 2008 Testing the premarket lows here. So far holding. Link to comment Share on other sites More sharing options...
Sudaca Posted January 22, 2008 Report Share Posted January 22, 2008 If the 3 day cycle projections don't hold, the market will deteriorate into absolute chaos. Absolute total bedlam. A real, honest to god crash of historic proportions. I don't have a clue as to whether they will hold or not. They usually hold, but there are those minority of occasions where they don't. 639084[/snapback] It's all that fat tail stuff, right here, right now... absolutely no way of knowing if the 3-sigma event will morph into a 6-sigma one or not. Total chaos theory prevails. Normal distributions out the window. Welcome to the Power Law Distribution Universe, folks. Grab a seat. Link to comment Share on other sites More sharing options...
Jetlag Posted January 22, 2008 Report Share Posted January 22, 2008 Doc, I would very much prefer a quick and swift crash than the slow death of the dot com 2000-late2002 slow mo implosion. Link to comment Share on other sites More sharing options...
DrStool Posted January 22, 2008 Report Share Posted January 22, 2008 Oh boy. This is a new wrinkle. Home buyers are suing the reamtors. Buyers agents only, so far, but they will probably start suing the seller's agents too is my guess. http://www.nytimes.com/2008/01/22/business....html?th&emc=th Link to comment Share on other sites More sharing options...
GregFokker Posted January 22, 2008 Report Share Posted January 22, 2008 From Interactive Brokers (no link): To all traders: Tue Jan 22 00:33:42 2008 EST Futures Intraday Margin Reduced intraday margin rates are being eliminated temporarily due to extreme market volatility. Link to comment Share on other sites More sharing options...
DrStool Posted January 22, 2008 Report Share Posted January 22, 2008 Doc, I would very much prefer a quick and swift crash than the slow death of the dot com 2000-late2002 slow mo implosion. 639089[/snapback] Regardless of what happens over the next couple of days, this is not the end, nor is it even the beginning of the end, but it is perhaps the end of the beginning. Link to comment Share on other sites More sharing options...
ChicagoBear Posted January 22, 2008 Report Share Posted January 22, 2008 DAMMIT! THAT F-IN JAGOFF! WHAT A POS! AAAAUUUUGH! Link to comment Share on other sites More sharing options...
DrStool Posted January 22, 2008 Report Share Posted January 22, 2008 What the hell is this? Link to comment Share on other sites More sharing options...
DrStool Posted January 22, 2008 Report Share Posted January 22, 2008 Fed CUTS 75 basis points! Link to comment Share on other sites More sharing options...
DrStool Posted January 22, 2008 Report Share Posted January 22, 2008 Going to be interesting to see how much mileage they get out of this. They are going to have to defend these lows now with everything they've got Link to comment Share on other sites More sharing options...
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