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Thursday, September 24, 2015

TNT CHAT UPDATE, 24 SEPT

Iko Ward:  Well, sometimes the magic works, and sometimes it doesn’t. Forex still in a good place but not as good as we want. It did pull another unusual poll this morning. Just have to wait. Same ole same ole.

EF:
  Here we go. Another 1+ Minus opening dip expected in the DOW. Market confusion persists and no fix in sight. Market shift coming quickly. As to the exact date, not sure!   Today we drop below 16k in DOW.   It means we’ll see you over 1% drop in the market below 16,000 so the shift in the market will be negative

EF:
  Dropping like a ton of bricks. DOW three months High 18,120. Three-month low was 15,666. If we go below the all-time three-month low there’s no telling where the bottom is

Tim12thman: 
 ElmerF…..is this a market correction? Dare I ask?
EF:  Timith. Let’s just call it a slow slide with nothing left to hide … Fair Enough?
lollipop :  market down 222 points!! Systemic failure?? Let’s hope!!
EF:   Lollipop we are past hope IMO
EF:  Dow slips 200 points as CAT falls 7%, Nasdaq negative for 2015
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Fishkissed: 
 dumb question, but i don’t understand the connection between the market dropping & the rv….End of fiat, maybe?
EF:  Fish. Currencies feed the market. …….Fish kissed. End of a failed system. Yes!

Fishkissed: 
 Perfect. onset of asset backed

Tim12thman: 
 end of fiat….what a blessing. we’ll actually have money again…..real money

CODreamer: 
 pre-market trading showing everything in the red 
http://money.cnn.com/data/premarket/


UKmtb:
  Under 16,000 here   http://money.cnn.com/data/premarket/

EF:
   The market has lost 2050 points in the last 30 days! label anything you want to but the one thing that I will say.. Not good for investing now.

GTCNote: 
 as Warren Buffet has said… a down day…week in market is a great opportunity.
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NewCreation: 
 Chinese President Xi Jinping, meeting a group of U.S. and Chinese busi​ness leaders representing $3 trillion in market value, vowed to push a​head with reforms to expand trade ties and touted the resilience of hi​s country’s economy
http://www.bloomberg.com/news/articles/2015-09-23/xi-meets-top-u-s-bus​iness-leaders-with-cybercrime-as-backdrop?bpop=90957532

NewCreation
:  The People’s Bank of China plans to sell yuan-denominated debt in Lo​ndon, marking its first issuance outside the country, as the U.K. said​ it supports China’s bid to include the renminbi in the Internationa​l Monetary Fund’s reserve-currency basket.

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