Boners big market crash?

Discussion in 'Trading' started by noob_trad3r, Jul 25, 2011.

  1. Where is it? Its just down .27%? Boner said a deal needed to be made before monday or market calamity? Where is the calamity?
  2. trendy


    I guess you didn't notice the 20 point ES point drop on Sunday's re-opening.
  3. Remember when nobama kept saying that the markets will crash and we will be in a great depression if we didn't pass the stimulus. They just try to create a sense of urgency to pass the damn bill without anyone reading it. The politicians do this urgency tactic and everyone falls for it.
  4. m22au


    Who is Boner?
  5. Lucrum


    He is your friend. Your special purpose. Your tool, your morning wood, your rod. :)
  6. Bob111


  7. I guess you are kidding, right? 20 pts is not even 2%. Give me 4% and I will tell you that you have a minicrash. Give me 8% and I will take it as a crash.
  8. See S&P500 chart originally posted on blog on January 2011.

    This monthly chart show a series of broadening patterns, aka
    megaphone wedges. The three broadening formations pictured
    reveal an unstable market where buyers and sellers battle for
    control. The first two megaphones make clear the eventual victors.

    Prepare for the next Black Swan which will be ‘unexpected and
    could never have been predicted’.