Will be Oct. 14 or Oct. 17th. Take that to the bank. No new top and megaphone pattern predicts convergence. get out now!
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Oct 19 Dow still over 18,000 OP what's up with that I shorted everything because you said it was going to crash !!!
So Dummas, now what are you predicting? Pathetic loser.
Total financial collapse is on its way
Chicken Little? Is that YOU?
Yeah 3uqu, easier said than done. Apparently you are not a serious person or an investor. Go read your comic books.
Crash, buy, rise, sell, rich get richer, repeat cycle, yawn.....
Sorry, Deutsche Bank is what I meant. Stupid auto-correct.
The election excuse is BS. THIS IS ABOUT Deutschland Bank blowing up with its $50 trillion derivative book. Lehman was a walk in the park compared to this upcoming disaster.
The OP must have read an article about a recent phenomenon in the S&P called an "Inside Week", which was experienced twice in a row recently. Once is uncommon but twice in a row is rare. Such an event was last seen in 2008 ahead of the financial crash. Actually, a double Inside Week event could signal we're about to experience a serious stock market breakdown or a market breakout. That's the financial news being published in the article - The S&P did something it hasn’t since 2008 — and it could be a bad sign for stocks http://www.cnbc.com/id/104007249
My hypothesis about the strange movements in the market have a lot to do with news events surrounding the November Presidential election. It may also have a lot to do with Wall Street shenanigans and insider trading, things that are only getting worse and not being investigated.
Poster was obviously on crack.
If you believe that, you should short the SPY or use your life savings to buy SPY near-the-money puts. That is, if you really mean it when you said "Take that to the bank". Good luck.
OP, you should post a link to your information source if you want credibility. I'm one that currently has very little invested in the market and most sidelined in cash because the fundamentals are very shaky.