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Posted: 6/27/2015 4:19:15 PM EDT
[#1]
I predict the DOW will go up a couple of hundred points on Monday.
eta: I'm spending the next few days on a boat so I'll miss whatever happens. Thankfully, I won't have internet access because I'm sick of all the bullshit I've been reading.  |
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Posted: 6/27/2015 4:20:41 PM EDT
[#2]
Quote HistoryQuoted:
I predict the DOW will go up a couple of hundred points on Monday. Greece is going to default and you think the market is going to rise that much? |
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Posted: 6/27/2015 4:21:09 PM EDT
[#3]
Quoted:
Greek talks have failed, EU is scrambling to do damage control This is going to be bad. I predict DOW goes to 10,000 minimum I hope everyone sold all their stocks on Friday quoted for LoL. ar-jedi |
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Posted: 6/27/2015 4:21:24 PM EDT
[#4]
Quote HistoryQuoted:
Greece is going to default and you think the market is going to rise that much? Quote HistoryQuoted:
Quoted:
I predict the DOW will go up a couple of hundred points on Monday. Greece is going to default and you think the market is going to rise that much? derp. ar-jedi |
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Posted: 6/27/2015 4:21:48 PM EDT
[#5]
Quote HistoryQuoted: Greece is going to default and you think the market is going to rise that much? Quote HistoryQuoted: Quoted: I predict the DOW will go up a couple of hundred points on Monday. Greece is going to default and you think the market is going to rise that much? Sure do. Only because it makes no sense. Nothing does anymore. |
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Posted: 6/27/2015 4:22:22 PM EDT
[#6]
Meh. I'm in it for the long haul.
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Posted: 6/27/2015 4:22:40 PM EDT
[#7]
Shit I wish the market would plummet, I'm getting tired of buying stocks at full price and would love a sale.
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Posted: 6/27/2015 4:23:21 PM EDT
[#8]
Quoted:
Greek talks have failed, EU is scrambling to do damage control This is going to be bad. I predict DOW goes to 10,000 minimum I hope everyone sold all their stocks on Friday Do you know what "minimum" means? 
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Posted: 6/27/2015 4:23:26 PM EDT
[#9]
I'm looking for stock in divorce attorneys, because their business is about to double.
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Posted: 6/27/2015 4:23:30 PM EDT
[#10]
The market will not crash while Obunghole is in office. Feb. 2017 is when to start watching it.
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Posted: 6/27/2015 4:25:03 PM EDT
[#11]
FYI, the DOW can't drop to 10,000 on Monday. They will close trading before it gets that low.
Stock exchanges attempt to ease panic selling by taking certain steps to halt trading. These moves are called market circuit breakers—or collars.
NYSE_traders_worried8_200.jpg Getty Images So how do they work? When are they used? CNBC explains. What are market circuit breakers? This is when a major stock or commodities exchange stops trading temporarily because an index, or even an individual stock, has fallen a certain percentage during a trading day. The purpose is to prevent a market or stock price free-fall by trying to rebalance buy and sell orders. For example, if the Dow Jones Industrial Average falls by 10 percent, the New York Stock Exchange (NYSE) might halt market trading for one hour. There are other circuit breakers for 20 percent and 30 percent declines. In addition to market-wide circuit breakers,the Securities and Exchange Commission approved market rules on a trial basis in 2010 allowing circuit-breaker pauses for certain individual securities whose prices move 10 percent or more in a five-minute period. These circuit-breaker pauses apply to stocks in the S&P 500 Index, the Russell 1000 Index, and several hundred exchange traded products. They halt trading in the applicable security in all U.S. markets for five minutes. When were market circuit breakers first conceived? The markets instituted circuit breakers in the wake of 1987's "Black Monday." On Oct. 19, 1987, the market plunged 508.32 points, 22.6 percent, or $500 billion lost in one day. This was the largest one-day percentage drop in history until that time. Circuit breakers were first used in October 1989, following a major stock market drop. Until 1997, the markets used a point drop rule—that is, looking at how many points the markets declined, rather than the percentage of the move, to trigger circuit breakers to stop trading. This point-drop rule caused trading to halt on Oct. 27, 1997, even though the decline was only about 7 percent. The rule was subsequently changed to respond to percentage drops rather than point drops. The rules have since been changed back to point drops as well as percentage declines. When do market circuit breakers kick in? The rules for using circuit breakers have changed over the years, and are usually calculated on a quarterly basis. On June 30, 2011, the NYSE issued these guidelines for using circuit breakers: Level 1 Halt A 1,200-point drop in the Dow industrial average before 2 p.m. ET will halt trading for one hour; for 30 minutes if between 2 p.m. and 2:30 p.m. ET; and have no effect if happens at 2:30 p.m. or later, unless there is a level 2 halt. Level 2 Halt A 2,400-point drop in the Dow industrials before 1 p.m. will halt trading for two hours; for one hour if occurs between 1 p.m. and 2 p.m.; and for the remainder of the day if at 2 p.m. or later. Level 3 Halt A 3,650-point drop will halt trading for the remainder of the day regardless of when the decline occurs. |
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Posted: 6/27/2015 4:25:50 PM EDT
[#12]
Quote HistoryQuoted:
Meh. I'm in it for the long haul. This. Potential buying opportunity. |
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Posted: 6/27/2015 4:26:19 PM EDT
[#13]
Quote HistoryQuoted:
FYI, the DOW can't drop to 10,000 on Monday. They will close trading before it gets that low. Quote HistoryQuoted:
FYI, the DOW can't drop to 10,000 on Monday. They will close trading before it gets that low. Stock exchanges attempt to ease panic selling by taking certain steps to halt trading. These moves are called market circuit breakers—or collars.
NYSE_traders_worried8_200.jpg Getty Images So how do they work? When are they used? CNBC explains. What are market circuit breakers? This is when a major stock or commodities exchange stops trading temporarily because an index, or even an individual stock, has fallen a certain percentage during a trading day. The purpose is to prevent a market or stock price free-fall by trying to rebalance buy and sell orders. For example, if the Dow Jones Industrial Average falls by 10 percent, the New York Stock Exchange (NYSE) might halt market trading for one hour. There are other circuit breakers for 20 percent and 30 percent declines. In addition to market-wide circuit breakers,the Securities and Exchange Commission approved market rules on a trial basis in 2010 allowing circuit-breaker pauses for certain individual securities whose prices move 10 percent or more in a five-minute period. These circuit-breaker pauses apply to stocks in the S&P 500 Index, the Russell 1000 Index, and several hundred exchange traded products. They halt trading in the applicable security in all U.S. markets for five minutes. When were market circuit breakers first conceived? The markets instituted circuit breakers in the wake of 1987's "Black Monday." On Oct. 19, 1987, the market plunged 508.32 points, 22.6 percent, or $500 billion lost in one day. This was the largest one-day percentage drop in history until that time. Circuit breakers were first used in October 1989, following a major stock market drop. Until 1997, the markets used a point drop rule—that is, looking at how many points the markets declined, rather than the percentage of the move, to trigger circuit breakers to stop trading. This point-drop rule caused trading to halt on Oct. 27, 1997, even though the decline was only about 7 percent. The rule was subsequently changed to respond to percentage drops rather than point drops. The rules have since been changed back to point drops as well as percentage declines. When do market circuit breakers kick in? The rules for using circuit breakers have changed over the years, and are usually calculated on a quarterly basis. On June 30, 2011, the NYSE issued these guidelines for using circuit breakers: Level 1 Halt A 1,200-point drop in the Dow industrial average before 2 p.m. ET will halt trading for one hour; for 30 minutes if between 2 p.m. and 2:30 p.m. ET; and have no effect if happens at 2:30 p.m. or later, unless there is a level 2 halt. Level 2 Halt A 2,400-point drop in the Dow industrials before 1 p.m. will halt trading for two hours; for one hour if occurs between 1 p.m. and 2 p.m.; and for the remainder of the day if at 2 p.m. or later. Level 3 Halt A 3,650-point drop will halt trading for the remainder of the day regardless of when the decline occurs. Not Monday, but will probably be down 750+ points on Monday and enter bear markets and slide that low eventually |
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Posted: 6/27/2015 4:26:27 PM EDT
[#14]
Quote HistoryQuoted:
Shit I wish the market would plummet, I'm getting tired of buying stocks at full price and would love a sale. I have some cash setting on the sidelines waiting for the same. FA keeps calling me over the last few weeks trying to get me to put it in. I keep telling him hold off a little longer. A crash would make me look like a wizard. 
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Posted: 6/27/2015 4:26:42 PM EDT
[#15]
The Greek "CRISIS"!!!!!111!!! has been going on for what, 7 years now?
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Posted: 6/27/2015 4:27:08 PM EDT
[#16]
If it happens I won't be surprised, if they some how prop it up again, I still won't be surprised.
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Posted: 6/27/2015 4:27:43 PM EDT
[#17]
Quote HistoryQuoted:
The Greek "CRISIS"!!!!!111!!! has been going on for what, 7 years now?
Sort of my feelings....will there be a hit? Probably but the market has programmed this in. |
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Posted: 6/27/2015 4:28:50 PM EDT
[#18]
Quote HistoryQuoted:
Not Monday, but will probably be down 750+ points on Monday and enter bear markets and slide that low eventually Quote HistoryQuoted:
Quoted:
FYI, the DOW can't drop to 10,000 on Monday. They will close trading before it gets that low. Not Monday, but will probably be down 750+ points on Monday and enter bear markets and slide that low eventually Ah, I see what you're saying now..sorry, I read your title and misunderstood your prediction. |
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Posted: 6/27/2015 4:29:21 PM EDT
[#19]
Quote HistoryQuoted:
Sort of my feelings....will there be a hit? Probably but the market has programmed this in. Quote HistoryQuoted:
Quoted:
The Greek "CRISIS"!!!!!111!!! has been going on for what, 7 years now?
Sort of my feelings....will there be a hit? Probably but the market has programmed this in. The Greek "Crisis" is the Greek Status Quo. I doubt it'll even have much affect on the markets at this point. |
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Posted: 6/27/2015 4:29:44 PM EDT
[#20]
Quote HistoryQuoted:
The Greek "CRISIS"!!!!!111!!! has been going on for what, 7 years now?
Something like that... |
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Posted: 6/27/2015 4:29:53 PM EDT
[#21]
The market is fixed now so it can't lose more than 500 without being shut off.
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Posted: 6/27/2015 4:31:59 PM EDT
[#22]
Meh. Greece is going to miss a payment. The world won't collapse.
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Posted: 6/27/2015 4:32:10 PM EDT
[#23]
The stock market is just as crooked and manipulated as anything else. If a collapse ever does come, nobody will see it coming.
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Posted: 6/27/2015 4:32:20 PM EDT
[#24]
Quoted: Greek talks have failed, EU is scrambling to do damage control This is going to be bad. I predict DOW goes to 10,000 minimum I hope everyone sold all their stocks on Friday |
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Posted: 6/27/2015 4:33:10 PM EDT
[#25]
How did Greece handle it?
Took a Huge Percentage from Everyone's bank acct. Going to be a run on the banks here. |
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Posted: 6/27/2015 4:33:56 PM EDT
[#26]
C'mon! Greece is used to taking it up the ass. |
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Posted: 6/27/2015 4:34:05 PM EDT
[#27]
What exactly are you using to predict a Dow 10,000 ?
Just as probable that the europeans will just continue to as they say , " kick the can further down the road ". Europeans hate to make and decisions that are distasteful. gd |
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Posted: 6/27/2015 4:34:58 PM EDT
[#28]
Quoted: Greek talks have failed, EU is scrambling to do damage control This is going to be bad. I predict DOW goes to 10,000 minimum I hope everyone sold all their stocks on Friday The part in red might very well either be true now and/or will come true soon. However, the part in blue is just plain wrong (at least for right now, anyway). The dow might fall back to 10,000 eventually but it's not going to do that in one single day this coming monday. As for the part in green, that might still be a highly debatable point. |
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Posted: 6/27/2015 4:35:08 PM EDT
[#29]
Meh. Greece is old news. Portugal is where it's at now.
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Posted: 6/27/2015 4:36:06 PM EDT
[#30]
If you know what percentage of total EU GDP the Greece economy represents you know the answer.
Its like a company with 100 employees and the 2 most ineffective employees don't show up for work. Nobody gives a shit and things go smoother. |
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Posted: 6/27/2015 4:38:37 PM EDT
[#31]
lmao dow to 10,000 in a day? Sure thing. Go ahead and load up on puts and figure out what mansion and Ferrari you want to buy with your new found wealth.
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Posted: 6/27/2015 4:40:19 PM EDT
[#32]
Quote HistoryQuoted:
The Greek "CRISIS"!!!!!111!!! has been going on for what, 7 years now?
This. I think Greece is already priced in the market. |
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Posted: 6/27/2015 4:41:15 PM EDT
[#33]
Quote HistoryQuoted:
I predict the DOW will go up a couple of hundred points on Monday. eta: I'm spending the next few days on a boat so I'll miss whatever happens. Thankfully, I won't have internet access because I'm sick of all the bullshit I've been reading.
any extra room on that boat? |
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Posted: 6/27/2015 4:42:53 PM EDT
[#34]
Sorry, OP, the market collapses in September. Didn't you Google it?
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Posted: 6/27/2015 4:43:26 PM EDT
[#35]
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Posted: 6/27/2015 4:45:20 PM EDT
[#36]
Quote HistoryQuoted:
This. I think Greece is already priced in the market. Quote HistoryQuoted:
Quoted:
The Greek "CRISIS"!!!!!111!!! has been going on for what, 7 years now?
This. I think Greece is already priced in the market. I think this as well. This possibilty has been in the cards for a while. Any reactionary selloff should be followed by a rebound. |
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Posted: 6/27/2015 4:48:07 PM EDT
[#37]
Quote HistoryQuoted:
lmao dow to 10,000 in a day? Sure thing. Go ahead and load up on puts and figure out what mansion and Ferrari you want to buy with your new found wealth. This. |
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Posted: 6/27/2015 4:48:16 PM EDT
[#38]
Quote HistoryQuoted:
C'mon! Greece is used to taking it up the ass. 
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Posted: 6/27/2015 4:49:40 PM EDT
[#39]
Just repo the whole thing
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Posted: 6/27/2015 4:50:26 PM EDT
[#40]
Quoted: Greek talks have failed, EU is scrambling to do damage control This is going to be bad. I predict DOW goes to 10,000 minimum I hope everyone sold all their stocks on Friday Dow to 10k would be an extinction event. No. |
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Posted: 6/27/2015 4:52:00 PM EDT
[#41]
If you're wrong will you be back at 3:01 PM Monday and admit it?
Pro tip: They never do. |
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Posted: 6/27/2015 4:52:15 PM EDT
[#42]
By the way, the greeks are FOing (again) today. Molotav cocktails, firebombs, police sirens, rock throwing, smoke, hollering and shouting, explosions and---at around the 2:50 mark----physical assaults and general chaos for all.
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Posted: 6/27/2015 4:52:55 PM EDT
[#43]
I think Monday will be fine. Ducats will flee to US.
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Posted: 6/27/2015 4:52:58 PM EDT
[#44]
I wish online gambling in the US was different.
I'd LOVE to start a pool with the doom & gloomers over this stuff, so I could make good money off them. |
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Posted: 6/27/2015 4:53:01 PM EDT
[#45]
Quote HistoryQuoted:
The Greek "CRISIS"!!!!!111!!! has been going on for what, 7 years now?
This. Mostly priced in already. |
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Posted: 6/27/2015 4:57:07 PM EDT
[#46]
I hope the financial wizards can correct me. To me a hit to the euro, euro zone and euro banks would make the U.S. Dollar the safe haven. The dollar would be stronger and euro money will be invested here to keep it safe. This week I can see the Dow dipping 1K as money is shuffled but quickly regaining then raising higher. A year from now is when we could be in trouble if the dollar stays artificially strong.
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Posted: 6/27/2015 5:00:16 PM EDT
[#47]
Greece is not directly important to the US economy. It is barely relevant to the EU economy, but is rather politically important to the failing Eurozone project.
The reality is that Italy, Spain, and Portugal will be where all eyes turn next IF the Greece problem isn't solved. |
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Posted: 6/27/2015 5:00:42 PM EDT
[#48]
Quote HistoryQuoted:
I wish online gambling in the US was different. I'd LOVE to start a pool with the doom & gloomers over this stuff, so I could make good money off them. What do you think the Stock Market is? Place your bets! I swear to God, and ignorance displayed in these threads is just astounding. 
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Posted: 6/27/2015 5:01:00 PM EDT
[#49]
Quote HistoryQuoted:
I wish online gambling in the US was different. I'd LOVE to start a pool with the doom & gloomers over this stuff, so I could make good money off them. They have no money to bet. That's why their only hope is doom and gloom. 
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Posted: 6/27/2015 5:03:59 PM EDT
[#50]
Just another Greecee Monday.
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