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Old 08-21-2015, 07:51 PM
 
1,078 posts, read 1,075,941 times
Reputation: 1041

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Quote:
Originally Posted by bmw335xi View Post
  • S&P 500 is up roughly 190% from previous lows (down roughly 7.5% from all time highs)
  • Dow Jones 30 is up roughly 150% from previous lows (down roughly 10.5% from all time highs)

If you think this is a stock market crash, you should get out of the market now. We have had one of the strongest bull markets in our lifetime that has for the most part defied odds. We are just starting to get into a correction, nothing to be scared about unless you only have speculative over-valued crap. Could this turn into a crash, sure it could, anything could happen, but guessing is just stupid.
The only numbers I care about are the current prices of stocks I have in my portfolio. And they are down by over 25%.
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Old 08-21-2015, 07:53 PM
 
1,078 posts, read 1,075,941 times
Reputation: 1041
Quote:
Originally Posted by shooting4life View Post
The rich will not be profiting if the market crashes.
Yes they are. They get advance notice of a so-called crash and sell before the crash. And then buy again after the crash.

Rinse and repeat.

And by "rich", I'm talking about the few you can purchase stocks a low prices before everyone else. You know, before we can buy them.
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Old 08-21-2015, 08:05 PM
 
498 posts, read 543,174 times
Reputation: 883
Quote:
Originally Posted by incognitoe View Post
Yes they are. They get advance notice of a so-called crash and sell before the crash. And then buy again after the crash.

Rinse and repeat.

And by "rich", I'm talking about the few you can purchase stocks a low prices before everyone else. You know, before we can buy them.

Buy stocks in Tinfoil!
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Old 08-21-2015, 08:07 PM
 
Location: NE Mississippi
25,555 posts, read 17,256,908 times
Reputation: 37268
Quote:
Originally Posted by Serious Conversation View Post
Saw an interesting piece on CNBC this evening as the market decays. If the market meltdown continues and the economy stalls out or falls back into recession, it's likely to keep the Democrats out of the White House.

Agree?

Slumping stocks another blow to Hillary
No.
That's not what is going to keep Democrats out of the White House.

75 million votes for whomever is the Republican nominee - that's what is going to keep Democrats out of the White House.
Payback for Obamacare - that's what is going to keep Democrats out of the White House.
Payback for nuclear Iran - that's what is going to keep Democrats out of the White House.
Payback for appointing Eric Holder Attorney General - that's what is going to keep Democrats out of the White House.
Payback for "What does it matter?" - that's what is going to keep Democrats out of the White House.

It won't matter what the economy does. The Democrats have shot themselves in the foot, reloaded and shot themselves in the other foot.
Lame Duck? No. They are wingless ducks currently at 10,000 feet.
Listen to them quack.
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Old 08-21-2015, 08:08 PM
 
Location: SF Bay Area
12,287 posts, read 9,816,866 times
Reputation: 6509
Quote:
Originally Posted by incognitoe View Post
Yes they are. They get advance notice of a so-called crash and sell before the crash. And then buy again after the crash.

Rinse and repeat.

And by "rich", I'm talking about the few you can purchase stocks a low prices before everyone else. You know, before we can buy them.
Where do I sign up for this email blast?
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Old 08-21-2015, 08:20 PM
 
1,078 posts, read 1,075,941 times
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Quote:
Originally Posted by shooting4life View Post
Where do I sign up for this email blast?
??? Remember when Alibaba went public?

The open price for the elites were $68.

By the time we were able to get it. It was at $92.70 Just a small example of how some people have access to the market before it actually opens.
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Old 08-21-2015, 08:24 PM
 
Location: SF Bay Area
12,287 posts, read 9,816,866 times
Reputation: 6509
Quote:
Originally Posted by incognitoe View Post
??? Remember when Alibaba went public?

The open price for the elites were $68.

By the time we were able to get it. It was at $92.70 Just a small example of how some people have access to the market before it actually opens.
So what threshold has to be crossed to become "elite" to have access to this early bird stock exchange?

Is my white privilege enough to get me access?
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Old 08-21-2015, 08:33 PM
 
1,078 posts, read 1,075,941 times
Reputation: 1041
Quote:
Originally Posted by shooting4life View Post
So what threshold has to be crossed to become "elite" to have access to this early bird stock exchange?

Is my white privilege enough to get me access?

What does you being what have to do with it? I doubt you have pre-market (IPO) access to the stocks.
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Old 08-21-2015, 08:40 PM
 
Location: SF Bay Area
12,287 posts, read 9,816,866 times
Reputation: 6509
Quote:
Originally Posted by incognitoe View Post
What does you being what have to do with it? I doubt you have pre-market (IPO) access to the stocks.
You keep saying these "elite" have access, I just want to know what makes one "elite" so as to have access?

Anyways, pre market ipo purchases have lots of risks, it is not always the great thing you make it out to be. Just wondering, do you get all worked up when a large company loses money doing high risk investments?
http://www.sec.gov/investor/pubs/preipo.htm
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Old 08-21-2015, 08:44 PM
 
22,653 posts, read 24,575,170 times
Reputation: 20319
HUM, guess the Fed ain't budging until..........ummm, at least 2016!!!!
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