US futures very bad.
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US futures very bad.
[QUOTE=bull....;964592]run for the hills , 2900 sp 500 according to a lot of pundits , but i guess if we go into 1929 style things ill have to adjust my calculator down to 900 ?[/QUOTE
" Came across this interesting stats observation by Deutsche Bank:
"Deutsche Bank's Jim Reid, meanwhile, found that the five worst H1 performances for the U.S. S&P 500 before this year's near 20% slump had all been followed by big bounces.
"In order of H1 declines, we saw 1) 1932: H1 -45%, H2 +56%, 2) 1962: H1 -22%, H2 +17%, 3) 1970: H1 -19%, H2 +29%, 4) 1940: H1 -17%, H2 +10%, 5) 1939: H1 -15%, H2 +18%," Reid said."
Food for thought - better watch those shorts ?? "
Posted by Davexl. on Bear market thread ...In case u dont read it ...as totally opposite to your 900 SP500 view ...so reposted
another big dump on the close for the nzx ... getting stealthy they are , dont want to spook the chooks during the day i guess
US futures improving.
Nasdaq Futures -0.32%
S&P Futures -0.33%
(both up from -1%)
Bitcoin holding at 19.5.
Gonna be an interesting Friday on Wall St!
Bears 2 - 1 Optimists
@bull...., anyone else, current match ends end of US Friday trading; new one-week match directly thereafter.
I'll post the score. Let me know if you agree. I'm taking this exciting new investing environment for stocks day-by-day, week-by-week, so this is actually useful lol.
Monday in US is a holiday so the first 3+ days of Game 2 the world will have no direction from them as they drink beer and eat processed foods.
US futures improving still more.
Nasdaq Futures -0.16%
S&P Futures -0.15%
Nasdaq Futures -0.12%
S&P Futures -0.09%
And, DOWN !
Bitcoin 18.9
Nasdaq Futures -0.47%
S&P Futures -0.34%