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Sun Oct 13, 2013, 10:12 PM

Donít look now, but the futures are down significantly..

Dow is down 105...Thats a big number for this early in the eve..

Who knows?... this may be the start..

17 replies, 1283 views

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Reply Donít look now, but the futures are down significantly.. (Original post)
busterbrown Oct 2013 OP
Junkdrawer Oct 2013 #1
busterbrown Oct 2013 #2
Ellipsis Oct 2013 #7
Cali_Democrat Oct 2013 #3
busterbrown Oct 2013 #5
Cali_Democrat Oct 2013 #9
busterbrown Oct 2013 #12
NuclearDem Oct 2013 #4
dkf Oct 2013 #6
busterbrown Oct 2013 #8
Frustratedlady Oct 2013 #10
dkf Oct 2013 #11
busterbrown Oct 2013 #14
dkf Oct 2013 #15
busterbrown Oct 2013 #16
dkf Oct 2013 #17
gopiscrap Oct 2013 #13

Response to busterbrown (Original post)

Sun Oct 13, 2013, 10:13 PM

1. Aren't US Markets closed tomorrow?

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Response to Junkdrawer (Reply #1)

Sun Oct 13, 2013, 10:13 PM

2. Nope....

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Response to Junkdrawer (Reply #1)

Sun Oct 13, 2013, 10:22 PM

7. Bond market n/t

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Response to busterbrown (Original post)

Sun Oct 13, 2013, 10:14 PM

3. Actually they're down 87 now and that's only 0.57%

 

Not down that much.

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Response to Cali_Democrat (Reply #3)

Sun Oct 13, 2013, 10:20 PM

5. I follow futures a lot...I have a small IRA account.

It was down 150 earlier.. Usually there is not this much action this early..
Weíll see...
Iím nervous for everyone....Well almost...

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Response to busterbrown (Reply #5)

Sun Oct 13, 2013, 10:24 PM

9. Yes I do too, but....

 

If you'll notice what's happened recently when the futures open down, they will grind higher throughout the night on low volume.

I think it's safe to say the market thinks there will be no default.

But markets can be wrong.

Very wrong.

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Response to Cali_Democrat (Reply #9)

Sun Oct 13, 2013, 10:31 PM

12. But all last week the futures were mostly up in the late eve..

Iím nervous... These crazy bastards are cornered like a wild animal...and thats dangerous..

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Response to busterbrown (Original post)

Sun Oct 13, 2013, 10:15 PM

4. Golly gee, maybe those billions the damn bankers and 1% funneled into the Teabaggers

 

isn't turning out to be such a smart investment, is it?

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Response to busterbrown (Original post)

Sun Oct 13, 2013, 10:21 PM

6. Considering Friday's Dow close was 460 points above Tuesday...

 

That's not so bad.

Now if we give ALL that back tomorrow that would be more nerve wracking

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Response to dkf (Reply #6)

Sun Oct 13, 2013, 10:24 PM

8. Iím on a fixed income...

I got out last week and the dow went up like 400 pts..I tell others, whatever I do.. do the opposite.
Anyway, I hope Iím wrong

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Response to busterbrown (Reply #8)

Sun Oct 13, 2013, 10:29 PM

10. I pulled back a couple weeks ago...maybe three,

and I'm up a little with interest, but am feeling better about being where it's safe. A little interest, it's better than nothing. I'll try to ride up when the Pugs quit screwing around with the government.

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Response to busterbrown (Reply #8)

Sun Oct 13, 2013, 10:31 PM

11. I'm usually out early and get back in too late to take full advantage.

 

Usually a couple months too early but at least I don't go short! I knew this debt ceiling would be a mess and they are exceeding my expectations in recalcitrance.

If it does go down 400 I will wade back in a bit.

But I wouldn't advise anyone to follow my lead. I know adjusting exposure can be risky and since '08 the Fed is making anyone with a glimmer of market timing ambition pay.

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Response to dkf (Reply #11)

Sun Oct 13, 2013, 10:37 PM

14. A couple of months ago there was a substantial drop of about 600 pts..

Couldnít have cared less... It was about a market push back.. Then it started moving up until the shits started messing with it.. Was almost at 15/5 something? Would have been great if this crap hadnít begun..

Iím glad Iím out... but no advice here.. I think its a 50/50 chance..

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Response to busterbrown (Reply #14)

Sun Oct 13, 2013, 10:46 PM

15. But really...wasn't it obvious this is where we would be?

 

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Response to dkf (Reply #15)

Sun Oct 13, 2013, 10:49 PM

16. Not sure what you mean..

If you mean politically... Its a close call wether or not the repubs. would throw us into default..
Still is.. But I think the odds might be pointing to default.. These guys are crazy..

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Response to busterbrown (Reply #16)

Mon Oct 14, 2013, 04:26 AM

17. I didn't think they would roll over. I still don't.

 

Therefore I don't know how this ends.

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Response to busterbrown (Original post)

Sun Oct 13, 2013, 10:35 PM

13. oh boy, here we go

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