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Don’t look now, but the futures are down significantly.. (Original Post) busterbrown Oct 2013 OP
Aren't US Markets closed tomorrow? Junkdrawer Oct 2013 #1
Nope.... busterbrown Oct 2013 #2
Bond market n/t Ellipsis Oct 2013 #7
Actually they're down 87 now and that's only 0.57% Cali_Democrat Oct 2013 #3
I follow futures a lot...I have a small IRA account. busterbrown Oct 2013 #5
Yes I do too, but.... Cali_Democrat Oct 2013 #9
But all last week the futures were mostly up in the late eve.. busterbrown Oct 2013 #12
Golly gee, maybe those billions the damn bankers and 1% funneled into the Teabaggers NuclearDem Oct 2013 #4
Considering Friday's Dow close was 460 points above Tuesday... dkf Oct 2013 #6
I’m on a fixed income... busterbrown Oct 2013 #8
I pulled back a couple weeks ago...maybe three, Frustratedlady Oct 2013 #10
I'm usually out early and get back in too late to take full advantage. dkf Oct 2013 #11
A couple of months ago there was a substantial drop of about 600 pts.. busterbrown Oct 2013 #14
But really...wasn't it obvious this is where we would be? dkf Oct 2013 #15
Not sure what you mean.. busterbrown Oct 2013 #16
I didn't think they would roll over. I still don't. dkf Oct 2013 #17
oh boy, here we go gopiscrap Oct 2013 #13

busterbrown

(8,515 posts)
5. I follow futures a lot...I have a small IRA account.
Sun Oct 13, 2013, 10:20 PM
Oct 2013

It was down 150 earlier.. Usually there is not this much action this early..
We’ll see...
I’m nervous for everyone....Well almost...

 

Cali_Democrat

(30,439 posts)
9. Yes I do too, but....
Sun Oct 13, 2013, 10:24 PM
Oct 2013

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.

busterbrown

(8,515 posts)
12. But all last week the futures were mostly up in the late eve..
Sun Oct 13, 2013, 10:31 PM
Oct 2013

I’m nervous... These crazy bastards are cornered like a wild animal...and thats dangerous..

 

NuclearDem

(16,184 posts)
4. Golly gee, maybe those billions the damn bankers and 1% funneled into the Teabaggers
Sun Oct 13, 2013, 10:15 PM
Oct 2013

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

 

dkf

(37,305 posts)
6. Considering Friday's Dow close was 460 points above Tuesday...
Sun Oct 13, 2013, 10:21 PM
Oct 2013

That's not so bad.

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

busterbrown

(8,515 posts)
8. I’m on a fixed income...
Sun Oct 13, 2013, 10:24 PM
Oct 2013

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 I’m wrong

Frustratedlady

(16,254 posts)
10. I pulled back a couple weeks ago...maybe three,
Sun Oct 13, 2013, 10:29 PM
Oct 2013

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.

 

dkf

(37,305 posts)
11. I'm usually out early and get back in too late to take full advantage.
Sun Oct 13, 2013, 10:31 PM
Oct 2013

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.

busterbrown

(8,515 posts)
14. A couple of months ago there was a substantial drop of about 600 pts..
Sun Oct 13, 2013, 10:37 PM
Oct 2013

Couldn’t 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 hadn’t begun..

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

busterbrown

(8,515 posts)
16. Not sure what you mean..
Sun Oct 13, 2013, 10:49 PM
Oct 2013

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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