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I think most of them are wishing for it, too. View Quote View All Quotes View All Quotes Quoted:
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One thing I have learned. NEVER listen to ANYONE who is predicting an exact time, or date, of the "event"..... no matter what it is, or what they use to back up their theory. Anyone who thinks they can call the "day" is a complete moron, and always proves out to be. Eventually they may be right..... you can scream "it's gonna crash".... wait 10 years.... and eventually you might be right. But those are the people who will cost you dearly if you listen to them. Exactly. It's like the doomer circle-jerk thread here on arfcom. Some of the same people have confidently been predicting "the collapse" since 2008. Every year, it's right around the corner, and it's always about to happen. And every time it doesn't happen, they make excuses and claim that the situation is dire, and it's all a house of cards, and it's unsustainable, and the total collapse is totally right around the corner. Six months tops. And the funniest thing of all is that when eventually the natural cyclical nature of economies DOES result in another recession, then they'll claim that they totally predicted it - and will furiously backpedal, and say that the recession is just a pre-cursor to the "total collapse" that's right around the corner, and is totally going to happen any day now. ... definitely in six months. It's so cute. If they understood markets they way they think they do, and claim to, they'd all be billionaires. I think most of them are wishing for it, too. Well obviously. That way, their decisions to NOT invest in the markets, and to cash out their 401k, will be validated - and they imagine that their small pile of silver and gold will be able to buy them a harem and a palace in the post-apocalyptic wasteland. |
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My postulations on the doomer mentality incite them to spittle-spraying, impotent outrage every time I mention them.
Poor critters. If a true meltdown ever comes, they'll all be meat. Well marbled meat. |
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Can't believe I missed this thread. The market is already largely adjusted for any influence Greece has on it. Greece isn't unexpected and thus factored in...aka there won't be a panic about it.
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My postulations on the doomer mentality incite them to spittle-spraying, impotent outrage every time I mention them. Poor critters. If a true meltdown ever comes, they'll all be meat. Well marbled meat. YOU JUST WAIT, YOU'LL SEE, YOU'LL BE SORRY! http://www.ar15.com/media/viewFile.html?i=49481 He who works the grill will not be eaten...and you make a mean steak. |
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so I've got my bases covered, either way? score! View Quote View All Quotes View All Quotes Quoted:
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He who works the grill will not be eaten...and you make a mean steak. so I've got my bases covered, either way? score! That's just preferred seating on the FEMA train for you... |
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Didn't even have time to transfer money to buy the dip.
Since the op, the market has COLLAPSED 1.5%. |
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This is why I pay a guy to do this shit for me....
Think twice before dumping your stocks because of Greece |
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No collapse here but it is raining in San Diego County.
Posted Via AR15.Com Mobile |
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I wasted all my panics because of this thread. Thanks OP. View Quote Not to worry, we're not done going down yet. Greece has other payment deadlines in July and August that they probably won't make without compromise with their creditors. Additionally, the referendum this week probably won't prompt Greek leaders to cave. Greece will officially be in default on 10 July, not today, according to the piece in the NYT: Standard & Poor’s said in a statement Tuesday that it would designate Greece as being in default if the country cannot make payments to private creditors, like €2 billion in Greek Treasury bills that are due on July 10. And once found in arrears, Greece is barred from receiving any more money from the I.M.F. until it settles the debt. That is a big problem, because the I.M.F. has been a crucial partner with the European Union in dealing with Greece, providing not only money but financial and economic expertise. The I.M.F. confirmed that Greece had failed to make the payment, after a 6 p.m. Washington deadline came and went. http://www.nytimes.com/2015/07/01/business/dealbook/greece-debt-imf-payment.html |
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Not to worry, we're not done going down yet. Greece has other payment deadlines in July and August that they probably won't make without compromise with their creditors. Additionally, the referendum this week probably won't prompt Greek leaders to cave. Greece will officially be in default on 10 July, not today, according to the piece in the NYT: Standard & Poor’s said in a statement Tuesday that it would designate Greece as being in default if the country cannot make payments to private creditors, like €2 billion in Greek Treasury bills that are due on July 10. And once found in arrears, Greece is barred from receiving any more money from the I.M.F. until it settles the debt. That is a big problem, because the I.M.F. has been a crucial partner with the European Union in dealing with Greece, providing not only money but financial and economic expertise. The I.M.F. confirmed that Greece had failed to make the payment, after a 6 p.m. Washington deadline came and went. http://www.nytimes.com/2015/07/01/business/dealbook/greece-debt-imf-payment.html View Quote View All Quotes View All Quotes Quoted:
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I wasted all my panics because of this thread. Thanks OP. Not to worry, we're not done going down yet. Greece has other payment deadlines in July and August that they probably won't make without compromise with their creditors. Additionally, the referendum this week probably won't prompt Greek leaders to cave. Greece will officially be in default on 10 July, not today, according to the piece in the NYT: Standard & Poor’s said in a statement Tuesday that it would designate Greece as being in default if the country cannot make payments to private creditors, like €2 billion in Greek Treasury bills that are due on July 10. And once found in arrears, Greece is barred from receiving any more money from the I.M.F. until it settles the debt. That is a big problem, because the I.M.F. has been a crucial partner with the European Union in dealing with Greece, providing not only money but financial and economic expertise. The I.M.F. confirmed that Greece had failed to make the payment, after a 6 p.m. Washington deadline came and went. http://www.nytimes.com/2015/07/01/business/dealbook/greece-debt-imf-payment.html So the July and August collapse could be worse than this one?!?!?! I've got to neckbeard more panics... |
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That wasn't even a dip, more like a slight ripple. View Quote View All Quotes View All Quotes Quoted:
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I hope the ones screaming BTFD got in. That wasn't even a dip, more like a slight ripple. There's a shit storm brewing, that's for sure. The world is living on credit swaps and fiat currency. That's all great until a series of unplanned variables hit which are timed perfectly and the the house of cards fall....how long it lasts and when it hits is anybodies guess. Diversify and drive on. |
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Well obviously. That way, their decisions to NOT invest in the markets, and to cash out their 401k, will be validated - and they imagine that their small pile of silver and gold will be able to buy them a harem and a palace in the post-apocalyptic wasteland. View Quote View All Quotes View All Quotes Quoted:
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One thing I have learned. NEVER listen to ANYONE who is predicting an exact time, or date, of the "event"..... no matter what it is, or what they use to back up their theory. Anyone who thinks they can call the "day" is a complete moron, and always proves out to be. Eventually they may be right..... you can scream "it's gonna crash".... wait 10 years.... and eventually you might be right. But those are the people who will cost you dearly if you listen to them. Exactly. It's like the doomer circle-jerk thread here on arfcom. Some of the same people have confidently been predicting "the collapse" since 2008. Every year, it's right around the corner, and it's always about to happen. And every time it doesn't happen, they make excuses and claim that the situation is dire, and it's all a house of cards, and it's unsustainable, and the total collapse is totally right around the corner. Six months tops. And the funniest thing of all is that when eventually the natural cyclical nature of economies DOES result in another recession, then they'll claim that they totally predicted it - and will furiously backpedal, and say that the recession is just a pre-cursor to the "total collapse" that's right around the corner, and is totally going to happen any day now. ... definitely in six months. It's so cute. If they understood markets they way they think they do, and claim to, they'd all be billionaires. I think most of them are wishing for it, too. Well obviously. That way, their decisions to NOT invest in the markets, and to cash out their 401k, will be validated - and they imagine that their small pile of silver and gold will be able to buy them a harem and a palace in the post-apocalyptic wasteland. Says the man who has already eaten his neighbors and is feverishly sewing their skins into a cape. |
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but wait, there's more! I also do brisket... <a href="http://s1054.photobucket.com/user/texrdnec/media/323F87E6-5C11-426F-8105-0921407709EE_zpsfjwdeedb.jpg.html" target="_blank">http://i1054.photobucket.com/albums/s482/texrdnec/323F87E6-5C11-426F-8105-0921407709EE_zpsfjwdeedb.jpg</a> Lean <a href="http://s1054.photobucket.com/user/texrdnec/media/E85D8EFB-F919-4EC3-BD79-342FE57B09F0_zps6vyncqss.jpg.html" target="_blank">http://i1054.photobucket.com/albums/s482/texrdnec/E85D8EFB-F919-4EC3-BD79-342FE57B09F0_zps6vyncqss.jpg</a> Fatty View Quote View All Quotes View All Quotes Quoted:
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He who works the grill will not be eaten...and you make a mean steak. so I've got my bases covered, either way? score! That's just preferred seating on the FEMA train for you... but wait, there's more! I also do brisket... <a href="http://s1054.photobucket.com/user/texrdnec/media/323F87E6-5C11-426F-8105-0921407709EE_zpsfjwdeedb.jpg.html" target="_blank">http://i1054.photobucket.com/albums/s482/texrdnec/323F87E6-5C11-426F-8105-0921407709EE_zpsfjwdeedb.jpg</a> Lean <a href="http://s1054.photobucket.com/user/texrdnec/media/E85D8EFB-F919-4EC3-BD79-342FE57B09F0_zps6vyncqss.jpg.html" target="_blank">http://i1054.photobucket.com/albums/s482/texrdnec/E85D8EFB-F919-4EC3-BD79-342FE57B09F0_zps6vyncqss.jpg</a> Fatty I approve. One day we must compare briskets. |
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Says the man who has already eaten his neighbors and is feverishly sewing their skins into a cape. View Quote View All Quotes View All Quotes Quoted:
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... Well obviously. That way, their decisions to NOT invest in the markets, and to cash out their 401k, will be validated - and they imagine that their small pile of silver and gold will be able to buy them a harem and a palace in the post-apocalyptic wasteland. Says the man who has already eaten his neighbors and is feverishly sewing their skins into a cape. The best defense is a good offense!! |
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but wait, there's more! I also do brisket... <a href="http://s1054.photobucket.com/user/texrdnec/media/323F87E6-5C11-426F-8105-0921407709EE_zpsfjwdeedb.jpg.html" target="_blank">http://i1054.photobucket.com/albums/s482/texrdnec/323F87E6-5C11-426F-8105-0921407709EE_zpsfjwdeedb.jpg</a> Lean <a href="http://s1054.photobucket.com/user/texrdnec/media/E85D8EFB-F919-4EC3-BD79-342FE57B09F0_zps6vyncqss.jpg.html" target="_blank">http://i1054.photobucket.com/albums/s482/texrdnec/E85D8EFB-F919-4EC3-BD79-342FE57B09F0_zps6vyncqss.jpg</a> Fatty View Quote View All Quotes View All Quotes Quoted:
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He who works the grill will not be eaten...and you make a mean steak. so I've got my bases covered, either way? score! That's just preferred seating on the FEMA train for you... but wait, there's more! I also do brisket... <a href="http://s1054.photobucket.com/user/texrdnec/media/323F87E6-5C11-426F-8105-0921407709EE_zpsfjwdeedb.jpg.html" target="_blank">http://i1054.photobucket.com/albums/s482/texrdnec/323F87E6-5C11-426F-8105-0921407709EE_zpsfjwdeedb.jpg</a> Lean <a href="http://s1054.photobucket.com/user/texrdnec/media/E85D8EFB-F919-4EC3-BD79-342FE57B09F0_zps6vyncqss.jpg.html" target="_blank">http://i1054.photobucket.com/albums/s482/texrdnec/E85D8EFB-F919-4EC3-BD79-342FE57B09F0_zps6vyncqss.jpg</a> Fatty Yes. |
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That's it. I am off to Walmart to buy a couple of cases of .22 LR value packs to prepare for the Greekpocalypse.
Can hopefull I get there before anyone else gets the idea to stock up on .22 ammo. |
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but wait, there's more! I also do brisket... <a href="http://s1054.photobucket.com/user/texrdnec/media/323F87E6-5C11-426F-8105-0921407709EE_zpsfjwdeedb.jpg.html" target="_blank">http://i1054.photobucket.com/albums/s482/texrdnec/323F87E6-5C11-426F-8105-0921407709EE_zpsfjwdeedb.jpg</a> Lean <a href="http://s1054.photobucket.com/user/texrdnec/media/E85D8EFB-F919-4EC3-BD79-342FE57B09F0_zps6vyncqss.jpg.html" target="_blank">http://i1054.photobucket.com/albums/s482/texrdnec/E85D8EFB-F919-4EC3-BD79-342FE57B09F0_zps6vyncqss.jpg</a> Fatty View Quote View All Quotes View All Quotes Quoted:
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He who works the grill will not be eaten...and you make a mean steak. so I've got my bases covered, either way? score! That's just preferred seating on the FEMA train for you... but wait, there's more! I also do brisket... <a href="http://s1054.photobucket.com/user/texrdnec/media/323F87E6-5C11-426F-8105-0921407709EE_zpsfjwdeedb.jpg.html" target="_blank">http://i1054.photobucket.com/albums/s482/texrdnec/323F87E6-5C11-426F-8105-0921407709EE_zpsfjwdeedb.jpg</a> Lean <a href="http://s1054.photobucket.com/user/texrdnec/media/E85D8EFB-F919-4EC3-BD79-342FE57B09F0_zps6vyncqss.jpg.html" target="_blank">http://i1054.photobucket.com/albums/s482/texrdnec/E85D8EFB-F919-4EC3-BD79-342FE57B09F0_zps6vyncqss.jpg</a> Fatty Shit that looks good. |
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Well it's Tuesday.....looks like I missed the CRASH and CHAOS..........
Maybe next time... |
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Plenty of time to buy on this dip. Market will be meh all week, probably down again as people cash out before long weekend. Too much can happen. Terror greats here, Greek referendum Sunday. Action starts next week when we know what's going on.
Posted Via AR15.Com Mobile |
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I hope everyone sold all their stocks on Friday View Quote So how did you do? I take it you sold all yours |
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I just cannot fathom how Greece could have any effect on anything, any where, at any time.
IMHO, their collapse and the effect it would have on the global economy is akin to a deer standing in front of a freight train which is going balls out. |
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Crash!
Down 1/2 a percent from OP! Gonna be at the outpost in the woods. Hopefully this all blows over in a few years and I can come back to civilization. |
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I just cannot fathom how Greece could have any effect on anything, any where, at any time. IMHO, their collapse and the effect it would have on the global economy is akin to a deer standing in front of a freight train which is going balls out. View Quote The danger, such as it is, lies not with the actual effects from a default by Greece but in the possible reaction to a default. Not all investment decisions are made rationally. Sometimes reactions are out of proportion to the event which provokes the reaction. In other words, panic. In fact, some economic downturns have been caused by, and are named after, a panic. At this time a panic has not occurred, but there has been no default since there is a 30 day grace period in which to make the payment which was due yesterday. What might happen if Greece actually defaults on bond payments to private investors (due by the 10th IIRC) is anyone's guess. |
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Plenty of time to buy on this dip. Market will be meh all week, probably down again as people cash out before long weekend. Too much can happen. Terror greats here, Greek referendum Sunday. Action starts next week when we know what's going on. Posted Via AR15.Com Mobile View Quote Agreed, and the Dow is up over 160 points as I write this. Plus Puerto Rico's forthcoming default is just starting to sink in. Jim |
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i haven't the faintest clue why a collapsing euro would do anything other than cause investors to move their money into the USD or another currency
that blip on monday was just a headfake shakedown i guess people are eager to show off their public school education |
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My application to start a post apocalyptic harem was rejected by the alpha wife.
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DAY 3 of the Market Collapse 2.0
Spirits are still high, and I am hoping I will survive this ordeal. My new sofa was delivered yesterday, and it is not as comfortable as I remember it being when I sat on it in the showroom. Clearly, the Greek debt crisis is to blame. Food supplies were running low yesterday. I had to face the arduous challenge of driving to the store and buying some more. Whole Foods didn't have my favorite local wheat beer. I almost gave up hope and resigned myself to the end, but then I remembered that my regular store carries that brand, and it was cheaper. The grass is getting longer on my lawn. The EU is somehow to blame, I am sure. If this disturbing trend continues, I will have to call someone to come and cut it. This may be my last message, but if I survive, updates will follow. I hope someone out there can hear this. Hang on. One day, we might be able to live normal lives again!! |
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