sell! sell! sell!

[tiznow]

well looks like yen back to ralling some again

indonesia the big loser (jakarta down 8.42%)

typically a market crash as far as 1 day goes is 10% or more

the sheep shaggers holding up the best only down 1%

dow futures still holding up okay for now 11623 still down over 400 though from friday close

----------------------------------------------------------

^AORD All Ordinaries 5,284.60 11:23PM ET Down 346.30 (6.15%) Components, Chart, More
^SSEC Shanghai Composite 4,714.30 10:30PM ET Down 200.13 (4.07%) Chart, More
^HSI Hang Seng 21,916.81 11:08PM ET Down 1,902.05 (7.99%) Components, Chart, More
^JKSE Jakarta Composite 2,276.65 11:23PM ET Down 209.23 (8.42%) Components, Chart, More
^KLSE KLSE Composite 1,439.49 Jan 18 Down 21.22 (1.45%) Components, Chart, More
^N225 Nikkei 225 12,803.59 11:03PM ET Down 522.35 (3.92%) Chart, More
^NZ50 NZSE 50 3,607.13 11:02PM ET Down 39.77 (1.09%) Components, Chart, More
^STI Straits Times 2,787.32 3:23PM ET Down 129.83 (4.45%) Components, Chart, More
^KS11 Seoul Composite 1,595.30 11:23PM ET Down 88.26 (5.24%) Components, Chart, More
^TWII Taiwan Weighted 7,574.46 11:23PM ET Down 535.74 (6.61%) Chart, More

 

[tiznow]

Tue 1/22 1 Dow Up Tuesday +185
0:30AM (EST) 2 Dow Down Tuesday -235

down value :lolBIG:

 

[tiznow]

dow futures bounced to 11700 now back below 11600 lets see if they can take out the 11575 lows now

dothead crash alert

they were down 7.4% yesterday down 9.74% at open!!!!!!!!

india hit 20k last thursday now 15888

 

[tiznow]

"Markets hit 10% lower circuit. Trading halted."

http://www.equitymaster.com/tm.asp

found this on an india stock market site

was halted down 2029 or 11.5% on the day according to this site

wonder how long they halt it for probably will reopen before end of day

 

[tiznow]

http://www.bloomberg.com/apps/news?pid=20601087&sid=aieeL_MC5X4s&refer=home

Jan. 22 (Bloomberg) -- Almost half of the world's biggest stock indexes fell into a bear market as mounting concern about a U.S. recession dragged down banking and retail shares across Asia, Europe and Latin America.

The MSCI World Index's 3 percent decline yesterday, the steepest since 2002, left benchmarks in France, Mexico, Italy and 35 other countries at least 20 percent below their highs in the last year. The Standard & Poor's 500 Index may post its biggest decline since 2001 when the U.S. market resumes trading today after the Martin Luther King Day holiday, futures showed.

 

[tiznow]

miners and oil companies just totally getting routed overseas

bears take no prisoners!!

deflation biatches!!

http://www.bloomberg.com/apps/news?pid=20601087&sid=ayPWkhmBKR2o&refer=home

Jan. 22 (Bloomberg) -- Corn plunged the most in three months, oil tumbled to the lowest in almost six weeks and copper dropped in Shanghai as investors sold commodities to cover share losses and on concern a recession may slow raw-material demand.

Zinc, soybeans and palm oil also declined as Asian stock markets tumbled, extending a slump that has wiped more than $5 trillion from equities this year. Gold fell to a two-week low.

 

[tiznow]

"Markets hit 10% lower circuit. Trading halted."

http://www.equitymaster.com/tm.asp

found this on an india stock market site

was halted down 2029 or 11.5% on the day according to this site

wonder how long they halt it for probably will reopen before end of day

talk about volitility reopened "only" down 1347 now

 

[Dawoofdaddy]

Tizzy:



Have you ever been wrong about anything in your entire life?

Actually, Ive been quiet about this, but last week and just about every short term call hes made during the trading day were badly wrong.

To answer your question. He knows alot about the fundamentals in the economy, but he talks out of both sides of his mouth regarding everything, so in essence hes going to both right and wrong 50% of the time.

Last week, just about every time he posted the bear shake was imminent, the market tanked and just about every time he posted the market was going to tank, it rallied.

He posted he "lightened up" (no % included) some of his short positions and then when the market immediately tanked after his lightening up post, he then decided to post he only covered 15%.

Hes been saying gold was going to tank for months since it was around 700 I suppose. He couldnt have been more wrong about that and now that its "fallen" from 915 to 860 hes jumping up and down about it.

Eventhough hes been wrong about gold, he jumps up and down about gold and now that its finally dropped 50 bucks hes right again. However, when it doesnt fall or rises, he reminds us that 15% or whatever the % is of his portfolio is invested in gold, mining stocks, or a combination of both.

Also, seems to be extra concerned that my gold positions are dropping. That sucks for people that entered near the top, but Ive been in these positions for years.

Anyone that really thinks the gold bull market is over, should short the sector. If they arent willing to short the sector, all the bear talk is merely attention whore babbling.

He cant seem to shut up about shorting amzn in low 90s. I shorted a few stocks this summer and posted several times here have dropped like a brick in the bathtub. MTG, PMI, MCO.

This is a great thread but some of his posts when further scrutinized dont really hold water.

:drink:

 

[tiznow]

circuit breaker rules in case they come into play tomorrow

--------------------------------------------------------

NYSE announces first-quarter 2008 circuit-breaker
2008-01-02 05:15
From:xinhua Article type:Reproduced

The New York Stock Exchange (NYSE)said Monday it will implement new circuit-breaker trigger levels for first-quarter 2008 effective on Wednesday.

Circuit-breaker levels are set quarterly as 10, 20 and 30 percent of the Dow Jones Industrial Average (DJIA) closing values of the previous month, rounded to the nearest 50 points, said the exchange in a news release.

In first-quarter 2008, a 1350-point drop in the DJIA before 2 p.m. will halt trading for one hour and halt for 30 minutes if between 2 p.m. and 2:30 p.m. There would be no effect if the drop happen after 2:30 p.m..

A 2700-point drop in the DJIA before 1:00 p.m. will halt trading for two hours and halt for one hour between 1:00 p.m. and 2:00 p.m..

A 4,000-point drop will halt trading for the remainder of the day regardless of when the decline occurs, said the exchange.

The Dow Jones industrial average fell 546 points, or 4.3 percent on Feb. 27, the worst decline since Sept. 17, 2001, the first trading day after the terror attacks, when the blue chips closed down 684.81, or 7.13 percent.

Circuit-breakers are calculated quarterly, said the exchange. The percentage levels were first implemented in April 1998 and a readjusted on the first trading day of each quarter.

 

[tiznow]

Actually, Ive been quiet about this, but last week and just about every short term call hes made during the trading day were badly wrong.

To answer your question. He knows alot about the fundamentals in the economy, but he talks out of both sides of his mouth regarding everything, so in essence hes going to both right and wrong 50% of the time.

Last week, just about every time he posted the bear shake was imminent, the market tanked and just about every time he posted the market was going to tank, it rallied.

He posted he "lightened up" (no % included) some of his short positions and then when the market immediately tanked after his lightening up post, he then decided to post he only covered 15%.

Hes been saying gold was going to tank for months since it was around 700 I suppose. He couldnt have been more wrong about that and now that its "fallen" from 915 to 860 hes jumping up and down about it.

Eventhough hes been wrong about gold, he jumps up and down about gold and now that its finally dropped 50 bucks hes right again. However, when it doesnt fall or rises, he reminds us that 15% or whatever the % is of his portfolio is invested in gold, mining stocks, or a combination of both.

Also, seems to be extra concerned that my gold positions are dropping. That sucks for people that entered near the top, but Ive been in these positions for years.

Anyone that really thinks the gold bull market is over, should short the sector. If they arent willing to short the sector, all the bear talk is merely attention whore babbling.

He cant seem to shut up about shorting amzn in low 90s. I shorted a few stocks this summer and posted several times here have dropped like a brick in the bathtub. MTG, PMI, MCO.

This is a great thread but some of his posts when further scrutinized dont really hold water.

:drink:

i talk about the short term swings and i've said many times i'm a good fade i don't trade them i just like to rant as the house of cards falls

i mentioned i covered 15% of my overall shorts (looks like that was a bad move but overall i kept alot of my shorts on the table)

i was called out to mention shorts and i longed DUG on monday and shorted amzn at 94 for my most two recent additions

overall i am sitting pretty :toast:

also as far as gold its the power of not having all your eggs in one basket

i've mentioned my overall portfolio holdings in percentages many times

 

[tiznow]

also i'm not really as concerned about the physical gold as i am the miners (gold down 3% since friday but miners will probably be down 10% or more)

the miners are gonna get slaughtered if we indeed crash

same on the oil side

the oil companies (thus the DUG long ultra short oil and gas companies) get slammed more than the oil itself

 

[tiznow]

india back down around 10%, china 7%, dow futures just gave up the ghost at

11575 downside resistance and falling

 

[tiznow]

hell daw i said last week the words

"india might be the big winner and be immune to this" (i can own up just fine when i'm wrong)

boy was i wrong but as far as what i did with my money based on it nothing

don't listen to my short term rants, me covering a small portion of my shorts and continually calling for a bear shake was a good indicator a storm was coming

this is why i hedge and place my bets moderate term and don't move in and out based on emotions

what happens short term and what i post as far as short term movements is noise

we are going lower and far from a long term bottom is all you really need to know

 

[Dawoofdaddy]

Hey buddy, I think its great when people make money on the bear side of things.

Congrats to you.

Most people since 1999 havent made anything owning the indexes and if they owned mostly tech, they are still buried. If they include inflation and a reasonable risk premium their losses are staggering.

Most of us in this thread havent really been invested in stocks during a long bear market. I'll be right here with you looking at the buy and hold forever crowd the next several years.

Its tax time for me now, so Im not swinging as large a bat as I normally do, but Im still knocking a few pitches out of the park. Last week, there was alot of money to be made shorting when you posted those bear shakes.

I can plug my nose while my commodity positions sell off some, for that long term bull is still firmly in tact. If the long term trend is broken with enough selling, then eventually I would also sell.

However, what is it going to take to get you to stop quoting every other post in this thread and doubling the bandwith usage?

How about posting a bear shake in this thread tomorrow morning at 9:31 est? Then the market may get a 1987 type selloff.

 

[Brooklynbomber]

DAW - throw us metal "bulls" like myself and hitman out a Uranium stock for 2008, if you're covering the sector. hearing alot of talk about Uranium getting ready to explode (again)

China has plans to build 2,000 to 3,000 reactors over the next 10 years:missingte

 

[tiznow]

india down 12.71% oopsie, indonesia now in crash terroritory too broke through 10% down barrier, who's next?

jdog i think those plans are going under as we speak, in india too

 

[Dawoofdaddy]

jdog, looks like your intel 17 order should be filled in the morning, eh?

uraniums will get hammered along with rest of the market tomorrow.

Since the market was closed today, I drove all around this area and got home this evening.

Things really dont look as bad as they could potentially get.

Alot of homes are for sale, but plenty of factory smokestacks are still humming along.

Unfortunately, I still believe we in the United States are soon going to have to endure another economic depression.

 

[tiznow]

y commidity producers in for a beating tomorrow (they are getting mauled overseas)

dug could be up 20% at this rate

2 time inverse oil companies

dow futures off 550 since friday close now

china 8% off now

 

[Brooklynbomber]

jdog i think those plans are going under as we speak

:WTF:

why is that? because joe six pack the american consumer got greedy and then got burnt?

what does that have to do with China's energy problem?

oh,thats right. china and india are going back to the dark ages because US consumers aren't buying enough handbags

personally, I could care less about the US consumer and their problems......... [SIZE=-1]caveat emptor[/SIZE]

get a hold of yourself tiz

 

[tiznow]

it means they have too much overcapacity and are about to come to a screetching halt

oil and energy prices will fall as consumptions dries up

deflation is a coming (well odds have increased in my mind the last few days lets put it that way)