How far does the stock market fall...

Discussion in 'Too Hot for Swamp Gas' started by gregthegator, Sep 30, 2013.

  1. gregthegator
    Offline

    gregthegator Well-Known Member

    Joined:
    Apr 3, 2007
    Messages:
    2,551
    Likes Received:
    114
    Trophy Points:
    63
    Ratings Received:
    +385
    today...9/30...and then continue to fall til one side caves in....1%, 2% or more?

    or we headed for martial law?
  2. orangeblueorangeblue
    Offline

    orangeblueorangeblue Well-Known Member

    Joined:
    Apr 8, 2007
    Messages:
    57,079
    Likes Received:
    596
    Trophy Points:
    113
    Ratings Received:
    +2,879
    How much did it fall the last time this happened? Did we have martial law then?
  3. mocgator
    Offline

    mocgator Well-Known Member

    Joined:
    Apr 10, 2007
    Messages:
    6,421
    Likes Received:
    299
    Trophy Points:
    83
    Location:
    The ATL
    Ratings Received:
    +614
    It will fall some. But far less than you think. It's the Fed that controls the market. When Bernake turns off the fake support.... look out below!!
  4. orangeblueorangeblue
    Offline

    orangeblueorangeblue Well-Known Member

    Joined:
    Apr 8, 2007
    Messages:
    57,079
    Likes Received:
    596
    Trophy Points:
    113
    Ratings Received:
    +2,879
    "fake support"
    • Like Like x 1
  5. gulfgator
    Offline

    gulfgator Well-Known Member

    Joined:
    Apr 9, 2007
    Messages:
    1,816
    Likes Received:
    41
    Trophy Points:
    48
    Location:
    Gulf of Mexico
    Ratings Received:
    +128
    A lot of the far right wackos don't own stocks they own gold

    A lot of the far left wackos don't own either.

    So the basically, the lunatic fringe doesn't give a damn what will happen to stocks or bond yields. Unfortunately they seem to have way too much sway for the rest of us, especially right now.

    But fortunately imo, in the end, it just makes the lunatics less and less credible.

    maybe the Tea party and OWS should merge ;)
  6. bposs
    Offline

    bposs Well-Known Member

    Joined:
    Sep 3, 2010
    Messages:
    1,531
    Likes Received:
    94
    Trophy Points:
    48
    Ratings Received:
    +281
    Yes, Not only are a vast majority of citizens addicted to govt hand outs, but so too are businesses.
  7. orangeblueorangeblue
    Offline

    orangeblueorangeblue Well-Known Member

    Joined:
    Apr 8, 2007
    Messages:
    57,079
    Likes Received:
    596
    Trophy Points:
    113
    Ratings Received:
    +2,879
    How is it "fake?"
  8. Gatorrick22
    Offline

    Gatorrick22 Well-Known Member

    Joined:
    Apr 3, 2007
    Messages:
    33,059
    Likes Received:
    2,518
    Trophy Points:
    113
    Ratings Received:
    +4,560
    The main reason uncle Ben didn't cut the QE ad infinitum is because the commies new they themselves were going to shut the government down over Obama-scam and they could blame the already inevitable stock market crash on the Pubs.

    So the kept the free money flowing to artificially prop-up the stack markets a little bit longer. The Dems are control freak commies, but their not stupid. They know exactly what they're doing and how they'll attempt to blame the Pubs for the coming crash.

    They'll try to blame the Pubs for the government shut down and the Market crash that follows.
  9. diehardgator1
    Online

    diehardgator1 Well-Known Member

    Joined:
    Apr 3, 2007
    Messages:
    6,692
    Likes Received:
    133
    Trophy Points:
    63
    Ratings Received:
    +354
    as Hillary would say what difference does it make
  10. MichiGator2002
    Online

    MichiGator2002 VIP Member

    Joined:
    Apr 3, 2007
    Messages:
    16,148
    Likes Received:
    491
    Trophy Points:
    83
    Ratings Received:
    +2,282
    Good a term as any for monetizing debt as security purchases not backed by actual demand in the marketplace.
  11. HallGator
    Online

    HallGator Administrator VIP Member

    Joined:
    Apr 3, 2007
    Messages:
    43,587
    Likes Received:
    937
    Trophy Points:
    113
    Location:
    Outer Limits
    Ratings Received:
    +3,692
    That must be it!
  12. gregthegator
    Offline

    gregthegator Well-Known Member

    Joined:
    Apr 3, 2007
    Messages:
    2,551
    Likes Received:
    114
    Trophy Points:
    63
    Ratings Received:
    +385
    thought this was relevant considering...
  13. orangeblueorangeblue
    Offline

    orangeblueorangeblue Well-Known Member

    Joined:
    Apr 8, 2007
    Messages:
    57,079
    Likes Received:
    596
    Trophy Points:
    113
    Ratings Received:
    +2,879
    Considering it's 9/30?
  14. wargunfan
    Offline

    wargunfan Well-Known Member

    Joined:
    Jan 6, 2010
    Messages:
    4,567
    Likes Received:
    149
    Trophy Points:
    63
    Location:
    Inside your head.
    Ratings Received:
    +189
    Buying your own debt with fiat currency = fake support as in abnormal; as in unnatural. But you already know that.

    http://www.cnbc.com/id/43268061
  15. orangeblueorangeblue
    Offline

    orangeblueorangeblue Well-Known Member

    Joined:
    Apr 8, 2007
    Messages:
    57,079
    Likes Received:
    596
    Trophy Points:
    113
    Ratings Received:
    +2,879
    Even if you think that floating bonds is fake or that fiat is fake, the support provided is very real, regardless of source.
  16. tegator80
    Online

    tegator80 Well-Known Member

    Joined:
    May 29, 2007
    Messages:
    5,597
    Likes Received:
    983
    Trophy Points:
    113
    Location:
    Richmond, VA
    Ratings Received:
    +2,299
    My take on the Fed's position is like being on a road and suddenly it ends at a body of water and a massive fog bank. They just know that there is land out there so they start building a bridge with the idea that it will eventually reach something substantial again. So yes, the bridge isn't fake, just an unproven expectation of something good is going to manifest itself with enough investment.

    How long do you build out there in the emptiness before you decide that your expectations are misguided? I agree that they should have tried it in the beginning (QE1) but after that you have to let nature work things out.
  17. orangeblueorangeblue
    Offline

    orangeblueorangeblue Well-Known Member

    Joined:
    Apr 8, 2007
    Messages:
    57,079
    Likes Received:
    596
    Trophy Points:
    113
    Ratings Received:
    +2,879
    That's a pretty crappy analogy, honestly. What the Fed is able to do (and this is not new, they've been doing it for decades) is infuse capital places in the hope that it accelerates commerce before the currency itself is devalued.

    With the bond buys, it's essentially creating debt - there's nothing fake about it: people are BUYING U.S. debt, it's not the Fed buying their own debt as someone erroneously suggested above.

    It represents less than 1% of the total monthly trading volume ... does anyone really think it's a make or break proposition?
  18. fastsix
    Offline

    fastsix Well-Known Member

    Joined:
    Apr 11, 2007
    Messages:
    6,474
    Likes Received:
    243
    Trophy Points:
    63
    Location:
    Seattle
    Ratings Received:
    +1,093
    ...um, okay.....
  19. tegator80
    Online

    tegator80 Well-Known Member

    Joined:
    May 29, 2007
    Messages:
    5,597
    Likes Received:
    983
    Trophy Points:
    113
    Location:
    Richmond, VA
    Ratings Received:
    +2,299
    Yes, Wall Street. It may be more symbolic in your opinion but it represents money spent today that won't be available tomorrow. Also, how do you negotiate around the notion that the Fed buys bonds per month ($85B) that represents roughly the yearly reduction in spending increases from the "draconian" sequestration?
  20. g8trjax
    Offline

    g8trjax Well-Known Member

    Joined:
    Jun 1, 2007
    Messages:
    3,120
    Likes Received:
    83
    Trophy Points:
    48
    Ratings Received:
    +377
    If 85b per month is chump change, why do it in the first place, and why all the tapering fears prior to fed meetings?

Share This Page