Tomorrow is DOW CRASH DAY

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I have been telling the readers of this forum since July, that October 14,1999 is crash day for the DOW. It will crash !! Stay home and watch history happen tomorrow.

DOW CRASH TOMORROW !!

-- No Spam (nospam@spam.spam), October 13, 1999

Answers

And if it doesn't crash, do your index puts expire worthless?

-- Jim (waiting@aol.com), October 13, 1999.

I hope so; I have lots to invest as soon as the FT100 loses another 10-20%...

Regards,
Andy Ray



-- Andy Ray (andyman633@hotmail.com), October 13, 1999.

Can't wait until tomorrow then at final bell. Of course this cowardly doomer will probably say if the dow goes down 10 points that he was right.

-- Can'twait (someone@putsuporshutsup.com), October 13, 1999.

No Spam, It's nice to see someone here with some actual balls -- willing to state his prediction right down to the day. I don't wish financial harm on anyone, but I really hope you nail it. Just because you had the balls.

And maybe then, the people I have been trying to warn will wake up and go buy some batteries.

-- semper paratus (could_be@wakeup.call), October 13, 1999.


It can only drop 500 then it get's shut down for the day. Maybe it will crash in a few days. A 500 point drop would wake some up and it would rollercoaster.

-- Dow Man (Iknowit@cant.com), October 13, 1999.


Andy Ray commented:

"I hope so; I have lots to invest as soon as the FT100 loses another 10-20%... "

Andy Ray, how many MAJOR Bear markets have you experienced as an investor?? Ray

-- Ray (ray@totacc.com), October 13, 1999.


The current curbs enable a possible drop of about 30% of the DJIA in one day, but only if the first 20% happens before 2 PM.

Is that really No Spam being so sure of such a prediction?

Jerry

-- Jerry B (skeptic76@erols.com), October 13, 1999.


Ray,

Several.

Regards,
Andy Ray



-- Andy Ray (andyman63@hotmail.com), October 13, 1999.

www.wavechart.com

CRASH PATTERN FORMED.

TARGET IS???(You'll have to subscribe to find out.)

KEY is momentum as DOW falls thru 10,000.

We already know leadership/momentum absolutely STINKS.

All we really need to force it, and leave Greedspin sucking his thumb like a baby, is ONE more piece of BAD news.

-- profit_of_doom (doom@helltopay.ca), October 13, 1999.


The Dow has breakers meant to slow a collapse. Has anyone done the math as to how far the dow could fall in a given day, as these breakers will shut down trading throughout the day. ww

-- wayne witcher (wwitcher@mvtel.net), October 13, 1999.


For the spot price of gold:
http://mrci.com/qpnight.htm
http://www.kitco.com/gold. graph.html

For the spot price of silver:
http://www.kitco.com/sil ver.graph.html

For the spot price of platinum:
http://www.kitco.com/p latinum.graph.html

For U.S. Markets and stock quotes:
http://finance.yahoo.com/?u

For Major World Indices:
http://finance.yahoo.com/m2?u

Sincerely,
Stan Faryna

Got 14 days of preps? If not, get started now. Click here.

Click here and check out the TB2000 preparation forum.



-- Stan Faryna (faryna@groupmail.com), October 13, 1999.

Klinton will put his "Plunge Protection Team to work by the time it drops below 8000. Because of Investor Y2K fears, I don't think they will be able to stop the crash.

-- freddie (freddie@thefreeloader.com), October 13, 1999.

*If* we move down to about 10,250, it's good night nurse, and you can kiss your a**es good-bye.

Don't necessarily expect a huge crash overnight, but the top has been reached and it is going the other way for good.

You heard it here FIRST.

Paul Milne

-- (brett@miklos.org), October 13, 1999.


Someone on another forum answered my above post. Daily limit of plunge at current valuations is around 3200 points. See the memo below.ww

Date: 06/01/99 To: All Members and Member Organizations/Chief Operating Officers Subject:

New Rule 80A collars and Rule 80B circuit breaker levels for the

third quarter 1999 EFFECTIVE JULY 1 through SEPTEMBER 30, 1999 7 Rule 80A restrictions on index arbitrage trading in component stocks of the S&P 500 Stock Price Index SM* will be imposed when the Dow Jones Industrial Average SM** ("DJIA") is above or below its closing value on the previous trading day by:

210 points or more

7 Rule 80A restrictions will be removed when the DJIA is above or below its closing value on the previous trading day by:

100 points or less 7 Index arbitrage order entry restrictions will be re-imposed each time the DJIA advances or declines 210 points from the prior day's close.

7 Rule 80B trading halts will be triggered when the DJIA declines below its closing value on the previous trading day by:

1,050 points (Level 1)

2,150 points (Level 2)

3,200 points (Level 3) Rule 80A

Whenever Rule 80A collars are in effect due to a decline in the DJIA, all index arbitrage orders to sell any component stock of the S & P 500 Stock Price Index must be marked "sell plus"; and whenever the collars are in effect due to an advance in the DJIA, all index arbitrage orders to buy must be marked "buy minus".

Rule 80B

Whenever a Rule 80B circuit breaker is in effect, trading in all stocks on the Exchange will halt for the time periods specified below.

Level 1 Halt a) before 2:00 p.m. - one hour; b) at 2:00 p.m. or later but before 2:30 p.m. - 30 minutes; c) at 2:30 p.m. or later - trading shall continue, unless there is a Level 2 halt.

Level 2 Halt a) before 1:00 p.m. - two hours; b) at 1:00 p.m. or later but before 2:00 p.m. - one hour; c) at 2:00 p.m. or later - trading shall halt and not resume for the remainder of the day.

Level 3 Halt at any time - trading shall halt and not resume for the remainder of the day

A complete discussion of the calculation of trigger values for Rule 80A and Rule 80B was published in Information Memo No. 99-8, dated February 12, 1999 and Information Memo 98-15, dated April 13, 1998, respectively.

Questions concerning these matters may be addressed to Agnes Gautier at (212) 656-4608 or Donald Siemer at (212) 656-6940.

Robert J. McSweeney Senior Vice President NYSE

Q3 1999 Circuit Breaker Memo

-- wayne w (wwitcher@mvtel.net), October 13, 1999.


Anyone who contends they know the exact time the stock market is gonna crash doesn't have balls, they have the foolish capacity to demonstrate they don't know squat about markets.

-- Downstreamer (downstream@bigfoot.com), October 13, 1999.


This site has called it pretty close for along time. It appears they expected the crash one day later.... http://www.dowguru.com/99crsh.htm



-- Helium (Heliumavid@yahoo.com), October 13, 1999.


Well the graphic will not post, go see the site

http://www.dowguru.com/99crsh.htm

Things will get worse before they get better.......

-- Helium (Heliumavid@yahoo.com), October 13, 1999.


I am going to buy some stocks tomorrow. I think its a good time to buy. I am in it for the long term. It t appears that some of the stocks that have been down for a while are well positioned to go into the new year on an up note. My purchasing decisions are based on sound reasoning based on TODAYS market conditions. Not those of 1929. Time have changed. the market will probably be 13 or 14 thousand by the end of next year. Six words: Wake up and smell the coffee. This doomer scenario will not happen! It is fantasy.

-- jbsmith (joebobsmith@yahoo.com), October 13, 1999.

jbsmith,

you will not be alone buy stocks in a downward market. Remember. buy on dips or is it dips buy on....

-- y2k dave (xsdaa111@hotmail.com), October 13, 1999.


hey jbsmith-

they said the SAME thing in 1928-29!

you see, back then, it was a "new era" '

things were different. people thought they making SOUND informed decisions. They were in it for the long term.

I'm sure greed and overconfidence had nothing to do with it.

Alot of people bought when they thought the market could go no lower, and they STILL lost everything.

so please, when you see the market drop to 9000, buy buy buy.

someone has to, so the rest can get out.

-- plonk! (realaddress@hotmail.com), October 13, 1999.


The market is selling due to gold hedge funds and others having to make thier money cover thier current losses

The market will not "crash", but it is going to be a wild ride in both directions as the the big boys with thier mathmatics are going to play the market for all it's worth like in 93. Maybe you remember?

The real news is that the european banks changed the gold leasing market. THAT is the news, the NY fed and big US banks are trillions of derivitives into the leasing game. ouch

-- bilburke (bill52@rocketmail.com), October 13, 1999.


jb (buffalo boob) smith: Anyone who buys and holds stocks for the long term in a bear market, which is what we have been in for months, is a fool now and will be a pauper later.

-- cody (cody@y2ksurvive.com), October 14, 1999.

My guess is that it will be on Monday, October 18. Thursday won't be too bad. Friday will be at least as bad as Wednesday. Everyone will get scared over the weekend and will issue sell orders that will hit the market like a asteroid at the opening bell on Monday.

-- Mr. Adequate (mr@adequate.com), October 14, 1999.

FWIW, the trillions ($ notional amounts) of derivatives in which some US banks participate are overwhelmingly interest rate and foreign exchange derivatives. Their gold "leasing game" participation is a very, very small fraction of a trillion.

Jerry

-- Jerry B (skeptic76@erols.com), October 14, 1999.


Everyone says that the fundementals are good. They are not. The markets are on a race to the bottom and at the bottom is gold.

Gold price surge and 14,000 ton short position. Long term bond yield above 6%. Bill Gates, Soros, and Buffett with large positions in Silver or Silver mines. Largest negative feelings on gold in history. Largest stock market bubble in history wherein pundits say it is a new paradigm. Stock market finding it difficult to make new highs. New lows to new highs in a 3:1 ratio. Tech sector only sector holding markets up right now. Introduction of Euro as a competitive currency to the dollar. Secret oil for gold deal in place since at least 1976, if not earlier (Jamaica Accords), which kept oil down in price in dollars. Most everyone is in the stock market. Negative savings rate. Virtually no people for jobs. No physical gold available in quantity to deliver against any future contract. Price of oil doubling with room for higher prices yet. Alan Greenspan Jackson Hole speach with over 100 powerful and negative words. The list goes on....

-- Guns, Grub & Gold (home@the city.com), October 14, 1999.


Actually, I put my vote in for Monday, Oct. 18th as the crash with tomorrow and Friday setting up the panic.

-- Peabody (peabody@yahoo.com), October 14, 1999.

jb (buffalo boob) smith: Anyone who buys and holds stocks for the long term in a bear market, which is what we have been in for months, is a fool now and will be a pauper later.

Clearly, you seem to completely misunderstand the idea of "long term".

-- (duh@duh.duh), October 14, 1999.


Look, the market was over valued at 3,000, 4k, 5k, 6k, 7k, etc. It is clear that there are new forces at work. It does not mean that there is necessarily a new paradigm in place. It is silly and a waste of time and bandwidth to predict a crash to the day. Today, the market will be up, there will be NO crash, and the analysts on the financial shows will say that it is a good buying op.

-- jbsmith (joebobsmith@yahoo.com), October 14, 1999.

bjsmith,

Keep buying B.J. This is a new era!! The market is going to 30,000. Haaaaaahaahahahahaaahahahhaaahaahaaaaaahaahaaahaahaahaaaahaaaahaahhaha aaaaahaahaaahaa. Your killin me. Haaaahaaaahaaaahaaa

-- justme (Keepbuying@now.com), October 14, 1999.


At 10:14 EST dow is up about 30 points...

-- STFrancis (STFrancis@heaven.com), October 14, 1999.

"DOW CRASH TOMORROW !!"

5445. Remember that number. No, the market didn't fall to 5445. It was up 54.45 by day's end, "Crash Day." Sorry about that one, "no spam."

-- Buster (BustrCollins@aol.com), October 14, 1999.


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