Market Meltdown in October?

Discussion in 'Trading' started by shortie, Sep 6, 2008.

SPY by October 31 from current level

  1. Drops 15%

    34 vote(s)
    33.7%
  2. Drops 7%

    17 vote(s)
    16.8%
  3. Drops 3%

    8 vote(s)
    7.9%
  4. Flat

    7 vote(s)
    6.9%
  5. Gains 3%

    13 vote(s)
    12.9%
  6. Gains 7%

    13 vote(s)
    12.9%
  7. Gains 15%

    9 vote(s)
    8.9%
  1. The market is shaky and October is just a bad month for stocks. Remember 1987? Anyone? Beuller?

    I think we could easily drop 15% before October is over.
     
  2. 15% crash right before the election...doubtful.

    15% crash within 6 months after the election...probably.
     
  3. You don't know what's gonna happen next week, why worry about October?

    Geezuz!
     
  4. Nasdaq Composite Index looks to be forming a flat bottom pennant. If it breaks.....look out below.
     
  5. just21

    just21

    You do know what is going to happen. SPY rallied 19 points after hours on the nationalisation of the GSEs.
     
  6. i think a rally that no one expects, to relatively speaking high levels something like 1400 then a crash.
     
  7. 5-0-2-1-3-2-1. A lot of extreme bearishness it seems.
     
  8. <<Scientists hope for surprises in Big Bang experiment
    Mon Sep 8, 2008 5:13pm EDT

    By Robert Evans

    GENEVA (Reuters) - Scientists involved in a historic "Big Bang" experiment to begin this week hope it will turn up many surprises about the universe and its origins -- but reject suggestions it will bring the end of the world.

    And Robert Aymar, the French physicist who heads the CERN research centre, predicted that discoveries to emerge from his organization's 6.4 billion euro ($9.2 billion) project would spark major advances for human society.

    "If some of what we expect to find does not turn up, and things we did not foresee do, that will be even more stimulating because it means that we understand less than we thought about nature," said British physicist Brian Cox.>>

    basically, nobody has a clue what's gonna happen. if this micro big bang takes out switzerland, we could get 15% drop right there and then.
     
  9. This sounds like something out of the Onion:D
     
  10. Yea Bob Evans, the sausage man wrote it... Must be from the onion.
     
    #10     Sep 8, 2008