1 Hour and 20 minutes till markets open
I have a good feeling about today lads.
*** Briefing ****
Yesterday the Chinese Market rose almost 2%, thanks to the painfully obvious government injection.
We are now just a hair over 3000
Watch the Japanese markets here.
Watch the CHINESE disaster LIVE here
I love this market threads. You know at some point everything's going to hell.
That's a fact at this point.
I've read somwhere that there's been I think 3.17 trillion dollars wiped of equity market just this year. Madness.
Just a little teaser from Australia.
Do you think its going to stay Under 3K ?
>tfw sold my rare pepes for rare alberto barbosa's
Nah it's true. People gonna buy hard early in the day, only to resell it later, only to sit slightly above from the start of the day. Though, personally I would buy up as much as possible, cause this is exactly what happened at the end of 2008 crash.
Market goes up yet you faggots still claim there is going to be a collapse
Im sorry but /pol/ is always and i mean ALWAYS wrong when it comes to financial items. If you listened to /pol/ you would own a ton of buttcoins and gold which you would keep in a mattress under your bed.
Look stick to what you are good at /pol/ politics, dindu nuffins, and jooooos.
The DJI and other markets in the USA recovered a bit today. I'd expect the same in China, and even Japan.
>Nikkei 225 index is 100+ up
>Shanghai is down a bit, but the Chinese Government will pump as much money as they have to in it
Look i followed you all back in sept i still have this shit
point is it didnt happen then and it wont happen now. You are all just getting your hopes up to be let down again.
It's the Jubilee year though (it happens every 7th Shemitah), whatever was supposed to happen will apparently happen between last September and this September coming. /pol/ fucked up because they didn't understand the way the Shemitah works.
I didn't know Alan Rickman kicked the bucket.
Fuck my shit up China
>Bought 36 ounces of silver and 10 grams of gold
I got a good feeling goys
• Burgers Guide to Crashing Chinese Market •
Step 1 - Visit http://quotes.money.163.com/0000001.html
Step 2 - At the bottom of the text box that contains the scrolling text select the text input box and spam your choice of shitposting from the master list below.
• Master Shitposting List •
>THE MARKET WILL CRASH. SELL SELL SELL
>WHILE YOU CAN SELL THE MARKET WILL COLLAPSE
>WE ARE IN A RECESSION. SELL!
>They're threatening another shutdown sell now
>ah they didn't buy too good
>ECONOMY WILL CRASH. SELL SELL SELL
>Jews Causing Crash
>Government is pumping money, sell while you can, crash imminent
>The Jews will destroy our economy!
>We have to sell all of it today!
>Give up your money
Step 3 - DDoS Attack (???)
Step 4 - You don't profit.
pls make it crash
>make all the normies' 500K houses worth a quarter of their mortgage
>make the bankers shit their pants and jump off of a windows
>make all the gooks fuck back off to China
>FUCKING FREE US FROM THIS SHIT SYSTEM
Daily reminder: The Baltic Dry Index continues its slide. Now at 383. No point in saying that this is the record low, since yesterday was the record low as well. The index might as well be at 0. Nothing is shipping. China is closed.
Bringing all companies that moved there to dodge tax,and labor laws back to America.As in,closing all American factories,and bringing those very factory jobs back to the states.
>No American companies in China.
>This kills the Chinese economy even further.
Thanks, In a perfect world China would literally collapse and the survivors will one day get to know about Tienanmen square. Anyway I can see how this is affecting China. Pretty scary
>goes up one day
do you know the future? the market is still down for the year. of course markets will always reach new highs numerically but it doesn't account for inflation. if it did the highest the market has even bee was before the recession
I hope all you fags are wrong, I'm only 2 years from retirement.
For those just join in from the gop debate: another wild ride on the Chinese stock rollercoaster ride of hell. The spikes and such are just absurd as of late
ALL GAINS HAVE NOW BEEN LOST
WE FREE FALL NOW
>mfw we still have 2 hours of this madness
QUICK KEEP THE FALL ACTIVE!
USE MEME MAGIC!
SELL SELL SELL
China thinks that leadind they markets to 3000 points would a moderate to their markets by throwing the money like no tomorrow.
Thanks for that, China is doing a hyper bubble that would do the worst economic crisis in human history.
>trump talks about putting a tariff on chinese crap
>tariff on chinese crap
I wonder if something like this is even viable economically. We import ridiculous amounts of stuff from China. The price of pretty much every consumer product would go up.
Though maybe that's what we need. Less consumerism.
Point being that domestic product becomes more attractive in the market. If there is no current production it will create a demand which will be filled.
As for reciprocal tariffs, who gives a shit if they up the price of our food in their markets?
They need to be fed more than we need to feed them. A sure fire way to a revolt in China, which is already on shaky ground, is skyrocketing food prices.
Trump was right: They'll blink.
Is this it. Are we crossing into the 5th dimension?
Selling so fast I can barely keep up.
Jesus it is dropping incredibly hard.
They are going to open up the pipes for pumping soon.
Watch it artificially close at around 3000 again.
CCP doesn't give a goddamn about ordinary shareholders and traders, all they care about are their people who are clearly making after hours trades. They've decided to shift their spending towards later in the day in hope to drive down volume (ordinary sellers won't get artificial gains), and therefore cost to them for pumping by that point. But that'll only work until traders wise up: probably another two days. Then everyone will just wait until near closing and the CCP will have the same problem (or piss off their people by having to close low of target).
>tfw want to go play more witcher 3 but also want to watch the chink armageddon
>trump explains how he will lay the smack down on china
>almost below 2900
literally cannot be stopped
loyal to his friends, devastated to his enemies
Bruce Lee Ab Workouts
Waist Twists: 4 sets, 90 repetitions
Sit up Twist: 4 sets, 20 repetitions
Leg Raises: 4 sets, 20 repetitions
Leaning Twist: 4 sets, 50 repetitions
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but seriously buy your food, water and ammunition. if the helmet is blue shoot at it. if it is federal shoot at it. if it is black shoot at it. we can pay mexicans in rations of beans and rice to work while we make america great again.
Post the song you're jamming to right now
>All these threads and not one anon has figured out how to crash the economy yet
What gives m8
Millions of old chinamen now won't have two chopsticks to rub together
yall realize it was below 2000 less than 3 years ago right?
it could cut almost in half and be alright
>implying there's more than 5 people here that know anything about what's going on beyond watching which way the line is going and what color it is.
I believe that injecting money into financial markets when there lingers an imminent crash is just inflating the bubble so that more people will contribute. They need to keep the consumer confidence up.
chatty kathy's on /pol are like Soros, they want pandemonium.
But for different reasons.
They don't feel in control in the world and chaos would give some sort of comfort.
-and then there are those that are holding inverse ETFs
HERE IT COMES!
You should do well. Its fun frothing over what great companies cost in 2009. Just dont rush in, we've no idea how major this is and where the bottom is. The high-yield debt market is fucked. and the media isnt talking about it.
>not expecting the pre-close rally
happeningfags on SUICIDE WATCH
im not happy unless less than -4
not right for my country to go to shit and China not be way way worse.
Isn't most of the manufacturing labor in China run through government approved contracted labor? The companies that use Chinese labor simply fill out contacts with the leaders of the manufacturing industries.
Wait wait wait wait
Hold on /pol/
what are the repercussions chonas stocks tanking? lets say it reaches 2000 or 1000 what does that mean?
what happens to us or the world?
How 'bout them real estate prices in Hongcouver?
Imagine nothing in walmart but groceries and soul wrenching depression.
ayyy lmao accidentally read this as Pepe Market Collapse thread
>lost $400 over the past 6 months
Should have cut my losses earlier
long-term the fang stocks are fine, although right now wouldn't be the time to buy any of the four.
there is much more potential in many growth based companies that will outperform current market conditions that i would consider.
wait until they aren't trading at such a high premium and then buy (obviously).
>dad want me to get a job
>whats the point
should I keep looking for a job?
(not a neet, in college)
>mfw I purchased Peter Schiff book early 2015
>mfw I agreed with 99% of the stuff he said
>mfw he is literally 100% right on what is about to happen
shorted the market, bought $UVXY at 31 and now I am going to buy tons of gold off of apmex
Thank you Mr. Schiff.
When even major banks are calling for a bad year you can expect it to be several times worse than they're willing to admit.
When financial and business institutions which rely upon optimism and investment and growth begin to tell people to batten down the hatches they're only saying this for some deniability when shit hits the fan far harder than their publicly available predictions state.
2008 is going to look like a utopian period of prosperity by the end of 2016. Thankfully the sitting president will be Obama so he can take the blame for it as far as our own ~75% decrease in wealth goes.
>Mfw slow steady dive and the government is mots likely pumping like a motherfucker.
They can't stop it!!
HURRY! CAST WHAT REMAINING MEME MAGIC YOU HAVE LEFT. THIS IS THE FINAL STRETCH BOYZ
EVERYONE IS FUCKING PANICKING
THEY SAW IT GO UNDER 2890 AND ARE TRYING TO SELL AS FAST AS THEY CAN
GET READY FOR LOW PRICE WAIFUGEES
Is this the point where everyone runs to the groceries and buys all the food?
>Gov totally failed to keep it over 3k
>Can't even stop it from falling.
>Big players still aren't allowed to sell shit.
Do you guys think they're running out of money?
Just imagine what happens when the big guys are allowed to pull out.
the day the earth got cuck'd
angel of death take me from this place so that I may see the light once more
Funnily enough even though 4% seems like a relatively mild drop, I'm pretty sure this pushes them into a correction for the second time in a year.
Oddly, the western press finally admitted that our own stock market drop here had done the same, with such double drops only preceding the great depression, great recession, and tech bubble bursting of 2000; three rather messy fiscal disasters.
China confirmed for about to literally implode under its own strain.
Oh also they've been manipulating (heavily) trade data to try and make it look like their exports are higher than they really are to hide the rapid contraction of demand for Chinese goods.
Last one closed just a hair above 3000.
Totally legit market, have faith in it and come buy some stuff!
For fucks sake, it's not like these psychological barriers mean shit at this point.
Chinks should just give up.
Falling 3.5% despite massive countermeasures isn't saving the market, it's staving off the inevitable calamity for a day or two and hoping to offshore your own wealth while your people languish and die.
If it delays their coming depression for a month or two I'll be surprised.
they got it above 2900
it hung around 2900 until it got below 2890 and then there was a panic firesale until the government stepped in and injected cash to get back to 2900.
they saw the terrified sell off at 2890 and realized they couldnt allow it to get any lower
No, Bitcoin is being held up by absolutely nothing and it's price movements aren't grounded in reality in any way.
It's movements are 100% based on people's fickle emotions and news that affect those emotions.
naw thats just fud for weak hands, im in signature campaigns.
I post disinformation in reddit proposing extended block size limits.
The incentive is to increase the blocksize to centralize bitcoin so only the big miners can control it.
Tell you what, follow any news articles and dates that are bearish or bullish and I can guarantee you 90% of it has the opposite price movements.