General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDon’t 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..
Junkdrawer
(27,993 posts)busterbrown
(8,515 posts)Ellipsis
(9,124 posts)Cali_Democrat
(30,439 posts)Not down that much.
busterbrown
(8,515 posts)It was down 150 earlier.. Usually there is not this much action this early..
Well see...
Im nervous for everyone....Well almost...
Cali_Democrat
(30,439 posts)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)Im nervous... These crazy bastards are cornered like a wild animal...and thats dangerous..
NuclearDem
(16,184 posts)isn't turning out to be such a smart investment, is it?
dkf
(37,305 posts)That's not so bad.
Now if we give ALL that back tomorrow that would be more nerve wracking
busterbrown
(8,515 posts)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 Im wrong
Frustratedlady
(16,254 posts)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)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)Couldnt 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 hadnt begun..
Im glad Im out... but no advice here.. I think its a 50/50 chance..
dkf
(37,305 posts)busterbrown
(8,515 posts)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..
dkf
(37,305 posts)Therefore I don't know how this ends.