• We’re currently investigating an issue related to the forum theme and styling that is impacting page layout and visual formatting. The problem has been identified, and we are actively working on a resolution. There is no impact to user data or functionality, this is strictly a front-end display issue. We’ll post an update once the fix has been deployed. Thanks for your patience while we get this sorted.

***Official*** 2015 Stock Market Thread

Page 31 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.
FelixDeCat said:
Wanna buy some watch....options? Lots of upside and no downside on deese Roplexes. :sneaky:
Click to expand...
Ruh? Did I kick your puppy w/o realizing it? If you read the financial press at all, you should be familiar with common terms. Those are common terms.

edit: oh wait a minute. I know what happened. The market fucked you up the ass yesterday and now baby is in a bad mood. Boo-hoo.
 
Last edited:
dullard said:
I've been waiting for this correction for a long time. I put $25k into an S&P tracking fund today. I probably shouldn't catch a falling knife, but I just got too tempted. If it falls another 3% next week, I'll double down.
Click to expand...

Same here. Well, not $25k, but added a chunk to my IRA fund. I keep telling myself it's for the long term.
 
what happened to the historic 20% stock market rise when a 2nd term Democrat president is their 3rd year with a repub congress? 🙁

should have sold in may and come back oct1, like the old saying goes! (non-ira funds)
 
Last edited:
JEDI said:
what happened to the historic 20% stock market rise when a 2nd term Democrat president is their 3rd year with a repub congress? 🙁

should have sold in may and come back oct1, like the old saying goes! (non-ira funds)
Click to expand...

it's more whatcha call "guidelines" than actual rules
 
JEDI said:
what happened to the historic 20% stock market rise when a 2nd term Democrat president is their 3rd year with a repub congress? 🙁

should have sold in may and come back oct1, like the old saying goes! (non-ira funds)
Click to expand...

I sold in February and walked away... Still up 10% on the year in terms of Northern Pesos.
 
The current futures quote is in reaction to current conditions in other world markets. That may change by the close of European markets, when the US will take control and it either goes flat or up. My bet is up, but I have no money either way. It could wind up slightly down, but I dont expect anything dramatic.

There are such things as washouts (aka capitulation) but we are way too far from that. Thats historically an October event.
 
Last edited:
Wouldn't put much stock in any numbers right now. They usually go the opposite direction by the time the US markets open... Then they go another way by 1pm EST.
 
Imp said:
Wouldn't put much stock in any numbers right now. They usually go the opposite direction by the time the US markets open... Then they go another way by 1pm EST.
Click to expand...
I think the open will be lower but there will probably be a lot of bargain hunters out tomorrow. Just checked hang seng and it's down over 4% from Friday.
 
zomg

-450 Dow & -175 Nasdaq futures!!

I think we went too long without a 10% selloff but we are about to hit it way too fast. Apple, NFLX, Amazon, Google all hit historic highs, the QQQs were 114 a month ago. I thought the QQQs would hold 100 until October. Im starting to wonder now.

Whatever is happening (people want to blame China), it will be short lived as the idiotic hedge funds de-lever and prepare for redemptions.
 
Trying to catch a falling knife is a fool's game. The pattern that looks to be forming is a symmetrical waterfall. The moment of peak volatility and price action is the waterfall moment. It is a very easy pattern to trade. First thing you have to do is wait for the market to settle down. After we go a week or so without making a new low and IF we do not retrace back into the waterfall area then it means the final low will be exactly equadistant from the center of the waterfall as the top was. I will mark up a chart if the pattern actually takes hold.
 
Last edited:
Margin debt is close to all time highs so there should be more pain before we bottom out. I'm sure a butt load of margin calls went out Friday so if we don't get a bounce Monday, people will be looking to cya.
 
Charmonium said:
I think the open will be lower but there will probably be a lot of bargain hunters out tomorrow. Just checked hang seng and it's down over 4% from Friday.
Click to expand...

I have no clue what it's going to do anymore and will be entertained regardless.

But I think China/Asia markets closed before Friday happened here, so this may be them reacting to news a couple day sold.

In more relevant to me news, exchange rate has fallen to CA$ 0.75 = US$ 1. Yay me.
 
Yeah, definitely interesting - like the chinese curse 'may you live in interesting times.'

Hang Seng gapped down about 600pts and has dropped about another 300 but it's bouncing around. Could settle at around 800pts down for the day.

Dow futures came back a little but have now broken below 16k.
 
So... The Shanghai market (?) is down 8% as of 3am EST. That should be at/close to closing in China.

Dow was only down a "measly" 3%-ish Friday.

Edit: Sigh, should have sold my POT when it was up 10% earlier in the year. Or maybe when I was still break-even a few weeks back. Oh well, 5% dividend, we still all need to eat -- I hope.
 
Last edited:
Since I trade QQQ options, I always keep an eye on its top 10 holdings to guess the next move. Premarket this is what it looks like:

top10.JPG
 
The stock market is taking one giant shit this morning... holy fuck, dow FV @ -700.

Shouldn't have bought Friday, but oh well. I left a little wiggle room to continue buying if the market continues downward like today.
 
People still afraid from the 2007-2009 (or so) big crash. Still fresh in their minds and they are running. If we get another drop anywhere near that, the US retirement system (401k's, IRA's, etc) will collapse on itself as the gains (if any) will never materialize as people won't put their money back this time (for at least a long time)....IMO. See the period of the late 20's/early 30's through the 60's for a market that went sideways because people were afraid (and broke) to attempt it again.
 
You must log in or register to reply here.

TRENDING THREADS

Back
Top