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03-12-2020, 12:16 PM
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Join Date: May 2010
Location: edmonton
Posts: 3,920
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Quote:
Originally Posted by fishtank
Then come the credit squeeze and debt defaults ......
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oh nevermind .. fed just pump $200+ billion into the banks ... but is it enough ??
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03-12-2020, 12:23 PM
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Join Date: Jul 2017
Posts: 4,099
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Doubt. Nice try, but I don’t think they can stop it, regardless of what they do.
I say it was the Trudeau news anyway. Lol.
Pre-news:
News:
Post-news:
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03-12-2020, 12:24 PM
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Join Date: Oct 2009
Posts: 4,858
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Quote:
Originally Posted by AndrewM
Long term oilfield guys would say this downturn is much different than the other ones. We don't have the same wells or pools that we used to have. Free markets would mean we have a free market to sell our products which we do not have. This isn't an oil problem, this is a government in the way problem. If you cannot take advantages of high prices due to pipelines being full, you do not get a cycle.
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Yea, the silver spoon leaders in Ottawa are the problem. And its blue collar workers who suffer due to their incompetence. This will only add fuel to the separation fire.
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“If all mankind minus one, were of one opinion, and only one person were of the contrary opinion, mankind would be no more justified in silencing that one person, than he, if he had the power, would be justified in silencing mankind.” John Stuart Mill
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03-12-2020, 12:26 PM
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Join Date: Oct 2009
Posts: 4,858
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Quote:
Originally Posted by fishnguy
Doubt. Nice try, but I don’t think they can stop it, regardless of what they do.
I say it was the Trudeau news anyway. Lol.
Pre-news:
News:
Post-news:
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Check out the TSX max history chart.
__________________
“If all mankind minus one, were of one opinion, and only one person were of the contrary opinion, mankind would be no more justified in silencing that one person, than he, if he had the power, would be justified in silencing mankind.” John Stuart Mill
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03-12-2020, 12:29 PM
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Join Date: Apr 2018
Posts: 27
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Maybe that moron, with the horrible chin-pubes, will take these 14 days and figure out how to shave his face. Or maybe his wife will help him with a sawz-all.....here's hoping
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03-12-2020, 01:38 PM
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Join Date: May 2010
Location: edmonton
Posts: 3,920
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the bleeding continues........... 
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03-12-2020, 01:41 PM
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Join Date: Oct 2016
Location: Edmonton area
Posts: 1,469
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Quote:
Originally Posted by fishtank
the bleeding continues........... |
And tomorrow is Friday.......22,000 was my target, lowered to mid 18,000...
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Wherever you go, there you are
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03-12-2020, 01:44 PM
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Join Date: Dec 2008
Location: Camrose
Posts: 46,562
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Quote:
Originally Posted by Justfishin73
And tomorrow is Friday.......22,000 was my target, lowered to mid 18,000...
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I lowered my target buy in as well, twice in fact. I do know some people that bought in this morning, but I am still waiting.
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Only accurate guns are interesting.
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03-12-2020, 01:45 PM
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Join Date: Jun 2014
Location: Canmore
Posts: 2,150
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Really, could we be that lucky? Probably the only thing that might remove him from office. I wish no harm to my fellow man but ah um ahh just saying.
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Woke up with a pulse, best day ever
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03-12-2020, 02:03 PM
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Join Date: Dec 2008
Location: Camrose
Posts: 46,562
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Quote:
Originally Posted by The Cook
Really, could we be that lucky? Probably the only thing that might remove him from office. I wish no harm to my fellow man but ah um ahh just saying.
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A loyal Canadian puts his country before one corrupt individual. 
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Only accurate guns are interesting.
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03-12-2020, 02:28 PM
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Join Date: Jun 2011
Posts: 3,722
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This market is showing no signs of bottoming. The FED just blasted the market with a ton of liquidity and it bounced for about 20 minutes. VIx at 60-70 all day and sky high for days now. Wow. 2400 on the SP and we will be at the Dec 2018 dip. This feels different than 2008-09, worse lol.
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There are some who can live without wild things, and some who cannot. Aldo Leopold
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03-12-2020, 02:34 PM
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Join Date: Jul 2017
Posts: 4,099
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We are less than 1,800 points away from erasing Trump numbers from the Dow completely.
22,000 by midweek was kind of obvious since at least last Friday. I have no idea where the bottom is. And we didn’t even have any major or minor lockouts and whatnot that are coming in all likelihood.
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03-12-2020, 03:01 PM
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Join Date: Oct 2016
Location: Edmonton area
Posts: 1,469
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Quote:
Originally Posted by bdub
This market is showing no signs of bottoming. The FED just blasted the market with a ton of liquidity and it bounced for about 20 minutes. VIx at 60-70 all day and sky high for days now. Wow. 2400 on the SP and we will be at the Dec 2018 dip. This feels different than 2008-09, worse lol.
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MUCH worse
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Wherever you go, there you are
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03-12-2020, 04:16 PM
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Join Date: Jan 2013
Location: Sylvan Lake/South Calif.
Posts: 3,465
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How low will it go, Aurora Pot stock was around $16.00 now it's down to $0.96.
Then there's tomorrow, more of the same, Ken may get his Cdn $ number.
D.
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 Z-z
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03-12-2020, 04:39 PM
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Join Date: Aug 2016
Posts: 1,058
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Another quote
Quote:
Bob Rodriguez: Recent Market Turmoil a ‘Preamble’ to Bigger Crisis | ThinkAdvisor
Dec, 2018
“ When I interviewed you last January, you said you weren’t personally in the market. Rather, you wanted “to own rare, fully paid-for assets that aren’t subject to calls [by others] and the vagaries of the banking system and financial markets.” You said, “I’m not worrying about whether Mr. Dow or Mr. S&P are going to be up or down tomorrow.” Are you in the market now?
I’m at my lowest exposure since 1971. I have less than 20 basis points total exposure to stocks. They’re via mutual funds. I have no direct ownership. I liquidated all that. [I sold] my last stocks in late 2014, when I completed liquidation of all my energy holdings. My last stock was [at] around 55; the equivalent price today would be about 14. Between 2016 and 2017, I’d sold approximately 98%-99% of what I owned.
Why?
I absolutely hated the capital markets. I’ve always been early. Some people say, “You’re premature, and that means you’re wrong.” They can also say, given the stock market’s [rise] over the last eight years, “Rodriguez, you’ve been a village idiot.” I say, “Maybe you’re right.” On the other hand, the full cycle hasn’t played out, and we haven’t seen the long-term deleterious effect from the unsound monetary and fiscal policies that have been implemented. This is a long-term game.
Anything you feel completely sure about?
I feel confident about one thing: When this market breaks more severely than it has, active managers will be caught — and by the way, so will ETFs and index funds.”
https://www.thinkadvisor.com/2018/12...bigger-crisis/
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03-12-2020, 05:03 PM
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Join Date: Apr 2008
Location: East of the big smoke
Posts: 1,497
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Before anyone buys back in with big %.
Pause
Step away from graphs, data
Look at the situation in the world
Pause
......
Then decide.
Good luck
I hope everyone wins in the end.
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03-12-2020, 05:43 PM
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Join Date: Dec 2008
Location: At the lake
Posts: 2,614
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Quote:
Originally Posted by bsmitty27
Before anyone buys back in with big %.
Pause
Step away from graphs, data
Look at the situation in the world
Pause
......
Then decide.
Good luck
I hope everyone wins in the end.
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#1 common sense post of the day !!!!!
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03-12-2020, 06:08 PM
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Join Date: Jan 2014
Location: Edmonton
Posts: 6,173
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Quote:
Originally Posted by Justfishin73
And tomorrow is Friday.......22,000 was my target, lowered to mid 18,000...
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I think it’s all your fault, stop been so negative! Start predicting some good things, please...... 
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03-12-2020, 06:54 PM
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Join Date: Oct 2016
Location: Edmonton area
Posts: 1,469
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Quote:
Originally Posted by KGB
I think it’s all your fault, stop been so negative! Start predicting some good things, please...... |
The sun will rise tomorrow
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Wherever you go, there you are
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03-12-2020, 08:56 PM
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Join Date: Sep 2007
Location: Strathcona County
Posts: 1,917
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Quote:
Originally Posted by Justfishin73
And tomorrow is Friday.......22,000 was my target, lowered to mid 18,000...
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I would say if it breaks below the 18,000 mark it’s not going to stop on its way down to around 10,000.
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03-12-2020, 09:05 PM
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Join Date: Dec 2008
Location: Camrose
Posts: 46,562
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The markets in Asia/Australia/New Zealand are down 5-8% on Friday.
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Only accurate guns are interesting.
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03-12-2020, 09:18 PM
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Join Date: Jun 2011
Posts: 3,722
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Quote:
Originally Posted by Buckhead
I would say if it breaks below the 18,000 mark it’s not going to stop on its way down to around 10,000.
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I predict the turning point will be sometime after the governments finally take some real action. By then the death toll will be equal to the Dow.
__________________
There are some who can live without wild things, and some who cannot. Aldo Leopold
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03-12-2020, 09:29 PM
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Join Date: Jan 2014
Location: Edmonton
Posts: 6,173
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Quote:
Originally Posted by Justfishin73
The sun will rise tomorrow
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Oh common man, you can do better than that!
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03-12-2020, 09:31 PM
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Join Date: Jan 2014
Location: Edmonton
Posts: 6,173
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Quote:
Originally Posted by elkhunter11
The markets in Asia/Australia/New Zealand are down 5-8% on Friday.
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Feds announced a 1.5trillions financial aid.... Hope it will stop the free fall...
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03-12-2020, 09:36 PM
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Join Date: Jun 2011
Posts: 3,722
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Quote:
Originally Posted by KGB
Feds announced a 1.5trillions financial aid.... Hope it will stop the free fall...
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The market rallied for about 20 minutes this afternoon on the 1.5 trillion$ bazooka and then headed right back down again.
__________________
There are some who can live without wild things, and some who cannot. Aldo Leopold
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03-12-2020, 09:40 PM
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Join Date: Jul 2017
Posts: 4,099
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Quote:
Originally Posted by bdub
I predict the turning point will be sometime after the governments finally take some real action. By then the death toll will be equal to the Dow.
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This. Nobody cares about interest rates and liquidity at the moment as much as they do about control, I don’t think.
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03-12-2020, 09:43 PM
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Join Date: Dec 2013
Posts: 89
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I think we time machined back to 1929 with a Biological War to follow.
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03-12-2020, 09:48 PM
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Join Date: Jun 2011
Posts: 3,722
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Quote:
Originally Posted by AtimoseMan
I think we time machined back to 1929 with a Biological War to follow.
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Well now that you mention it. The Iranian lead whacko is suggesting it is a biological attack. Rallying the troops?
https://en.radiofarda.com/a/iran-kha.../30484502.html
__________________
There are some who can live without wild things, and some who cannot. Aldo Leopold
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03-12-2020, 10:01 PM
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Join Date: Oct 2016
Location: Edmonton area
Posts: 1,469
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Quote:
Originally Posted by KGB
Feds announced a 1.5trillions financial aid.... Hope it will stop the free fall...
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That was a fart in the wind. I think that 18,500 could very well be tested tomorrow.
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Wherever you go, there you are
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03-12-2020, 10:02 PM
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Join Date: Oct 2016
Location: Edmonton area
Posts: 1,469
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Quote:
Originally Posted by KGB
Oh common man, you can do better than that!
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I have tons of ammo?
__________________
Wherever you go, there you are
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