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reply to post by Bassago
Good God man you're brilliant! It's January 14 and the market has crashed (sort of). Right on cue. Do you have any more predictions, oh wise one? You have got my attention now! When will it bottom out?
Well, market is tanking, at least for the past two days.
Toss in the most recent (SOTU) "My IRA"insanity (yeah...like anyone I know with any "wealth" remaning would EVER hand it to the government to keep safe,LOLROF) which was a mere "mention" but all over the news today and you have some potential for a few real tempests in teacups!
The Nasdaq plunged by the most in over 8 months today and broke all the way back to unchanged from the December taper decision of the Fed. All major US equity indices are now negative from the time the Fed decided to slow its flow of free money.
The coming storm... DOW down 300+ points...worst February start since 1982...Nasdaq down 2.3%...worst monthly start since 1972... #SelloffLink
— Brian Mahoney (@btmahoney) February 3, 2014