Tracking the DOW PLUNGE!!!

http://www.kitconet.com/images/sp_en_6.gif

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Originally Posted by JohnQPublic

Fed is Swapping Zero Interest Rates for Cheap Oil; Turmoil in Markets Result

JohnQPublic
20JAN2016

Stock markets are in a panic selling mode as we speak. There are real issues out there, such as China’s economy and plummeting oil prices. Cheap oil is good, right? Well why are the financial pundits complaining about it. I believe it is because the banks are still leveraged up on derivatives, and the rapid change in oil prices could cause them to collapse. Zerohedge has even reported that the Dallas Fed told Banks to suspend mark-to-market for energy loans four days ago. We are told oil is dropping because of lack of demand (China), to punish Russia, Saudi refuses to decrease production, etc.


I would like to propose another reason: The Fed need to raise interest rates. It cannot do that without collapsing the derivatives bubble. Unless, that is it can find a substitute for zero interest rates. Could $10/barrel oil be the ticket? If true, at this point, the first prick in the derivatives bubble has been applied by the Fed, and the corresponding collapse of oil prices is occurring. Is it getting out of control? Can the Fed control this process? Only time will tell.

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My bet is they think they can but they can't. They have manipulated every market too long, no one has a clue what a real market prize is of anything any longer. They will as desperation climbs, push an endless amounts of money into the market, which will destroy the value of money, actually it never had any, so the perception of value...

wouldnt be surprised for the ppt to drive it back up 300 or 400 dow pts

chart guys see a major support level broken - today it broke through the two ppt stops from 2015

http://tse1.mm.bing.net/th?&id=OIP.M...d=1.9&rs=0&p=0

look like the fed gave some free paper to someone ... Markets
Updated: 1:53:10pm ET

• Dow -2.19%
  15,665.52 / -350.50
• Nasdaq -1.07%
  4,429.16 / -47.79
• S&P -1.90%
  1,845.65 / -35.68

been keeping one eye on cnbc since the thing started a few weeks ago

over that time period the consensus of their guest experts is to continue to hold your stocks, in fact a good time to buy - economy is strong, inflation is low, jobs are plentiful

everyone that's followed their advice has been torched

http://i1.ytimg.com/vi/IU_JC0NCGkc/maxresdefault.jpg


Dow closes down 249 points after plunging more than 550

Quote:

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Originally Posted by cheka.

been keeping one eye on cnbc since the thing started a few weeks ago

over that time period the consensus of their guest experts is to continue to hold your stocks, in fact a good time to buy - economy is strong, inflation is low, jobs are plentiful

everyone that's followed their advice has been torched

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That is one of the purposes of MSM, to recruit bag holders... The main one though is to fool all the people all the time...

thanks mad , I looked for the thread It was so far back didn't see it ... Markets
Updated: Jan 20

• Dow -1.56%
  15,766.74 / -249.28
• Nasdaq -0.12%
  4,471.69 / -5.26
• S&P -1.17%
  1,859.33 / -22.00

World Markets

Asian markets finished sharply lower today with shares in China leading the region. The Shanghai Composite is down 3.23% while Japan's Nikkei 225 is off 2.43% and Hong Kong's Hang Seng is lower by 1.70%.
Asian Indexes

	Index	Country	Change	% Change	Level	Last Update
http://i.cdn.turner.com/money/.eleme...rketClosed.png	Australia ASX All Ordinaries	Australia	+20.70	+0.42%	4,917.60	12:10am ET
http://i.cdn.turner.com/money/.eleme...rketClosed.png	Shanghai SE Composite Index	China	-96.21	-3.23%	2,880.48	2:29am ET
http://i.cdn.turner.com/money/.eleme...rketClosed.png	Hang Seng	Hong Kong	-320.83	-1.70%	18,565.47	3:01am ET
http://i.cdn.turner.com/money/.eleme...rketClosed.png	Mumbai Sensex	India	-99.83	-0.41%	23,962.21	7:29am ET
http://i.cdn.turner.com/money/.eleme...rketClosed.png	Nikkei 225	Japan	-398.93	-2.43%	16,017.26	1:15am ET
http://i.cdn.turner.com/money/.eleme...rketClosed.png	Taiwan TSEC 50 Index	Taiwan	-35.11	-0.46%	7,664.01	7:48am ET