Major Stock Market Crash In January

I told you guys dips will be bought. And that any decline will be an opportunity. Hope you guys bought those dips like i did. bought the dip to the 177.76ish level sold it yesterday great gains.

reply to post by iSeeKEnlightenment8o5


Right on looks like America has upside up to 20% before a reversal and pullback. Don't expect one to start until maybe early Q2.

reply to post by On7a7higher7plane


I guess you didn't watch the video I posted? lol

www.youtube.com...

damn linkies

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?

grumpy64
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?

Ha, thanks, my mother always said that but I never believed it.

How about this, physical gold and silver coins and bars for the win. As discussed in this thread if the derivative markets are hit and start to go we're in catastrophic mode then.

Well, market is tanking, at least for the past two days.

Thoughts?

Jaellma
Well, market is tanking, at least for the past two days.

Thoughts?

Depends as always. This could head south really quick if we break through a certain level of support but I'm unsure of the exact drop needed for that. There's been some talk of the being caused by the mini taper in QE. JP Morgan predicted this last week I think it was, so there are some bears beginning to move in the markets.

Then there's the possibility of a (limited) China default on some large trusts on 1/31. Additionally (on a side note) we have the biggest gold draw down in the JPM vaults in quite a while. Over all things not looking too good.

This could still turn around though, even with the large numbers in the drop it's still not a large percentage. The real problem might be if investors get spooked by this and all head for the exit at the same time. Then it's going to get bad.

I started seeing pawn shops advertising on TV locally that they are buying gold/silver two days ago. I don't normally pay attention to these kinds of things but it seems like its 2008 all over again if you watch TV. The cash for gold folks probably made bank on those advertisements back then and it turned out in their favor.

If a company is paying money to advertise to buy your gold/silver, it's time to buy.

reply to post by Bassago


I already predicted this many years ago. The crash will come when the Feds tapper QE3.

It's call pump and dump. They pump it high to make the crash hardcore when the pull out. Then swoop in at the bottom to buy up everything for pennies on the dollar. It's engineered just like 2008. I predicted it in 2006 too.

These cronies are very predictable.

reply to post by Jaellma


I agree. The sell off seems to have begun, today was pretty extreme considering the activity in the market leading up to it. Gold is looking better for 2014 now.

Hmm......

Markets seem OK, a little down but not too bad. If the OP is correct the Major crash happens in the next week.

reply to post by numberjuggler


Following along here...

A couple of "things" that may be "false flags" or not come to mind that might affect the markets soon in a major way:

ANYTHING "happening" at the Olympics (I feel like we're already being set up on this) and I sure hope it doesn't,I love the games!

The insidious and persistant Obamacare crap: something has to give, it's a huge failure.
They won't drop it, will have to cover it up with more BS to pay attention to.

Oh look over here at the shiny thing! Crash...

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!

reply to post by irishchic

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!

As posted earlier the markets seems fairly quiet overall, not counting a handful of specifics like JPM's gold vault being half emptied in the last week or China's pending shadow banking default on the 31st. Guess we'll see, still got a couple of days.

Here's my view of what's going on at the moment.

reply to post by Bassago


HAHAHA!

You got that right!

I don't really watch the markets very close, but I listen. And have been amazed at thefederally propped up growth that has seem to almost grow unchecked, and have been expecting a reset. I kinda thought it woulda happed long ago though.

So, now that we have see (at least it seems to me what I've heard on the radio everyday) we have had almost a week of 200ish point drop days ...
How long does this 'correction' go?
What is the bottom?
Where is all this fake money going?

Is it going back into the housing market to create its next bubble?
Or could we have the money dumped into technology and manufacturing? - uh locally please -

X

It's like watching someone over inflate your balloon, you know it's going to pop soon but you get no say in when they stop inflating it, all you can do is take a step back and watch as the pop your balloon.

Another day another triple digit loss on the Dow -264 and counting

Just an update. I know we are past January but in fairness I believe we can honestly say this started a couple weeks back. Not counting when it really started with the Feds introduction of QE.

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... #Selloff
— Brian Mahoney (@btmahoney) February 3, 2014

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