Down over 900 points.

When does it bottom out ?

Something something China. We are LONG overdue for a correction. Hopefully another buying opportunity if nothing else.

Build back better!

Basically, it appears that China may have it's own Lehman Brothers on its hands. The question is if Evergrande goes down does it impact other markets. That uncertainty is what is spooking the market.

Damn it Trump

* Sarcasm alert

(09-20-2021 02:22 PM)DFWMINER Wrote:  Down over 900 points.

When does it bottom out ?

The covid euphoria over the last 9 months baffled me - it was only a matter of time. There will be a small bounce back tomorrow or Wednesday which allows the heavies to get out and if/when that happens this could be a 4K-5K negative run over the next 6 weeks.

(09-20-2021 03:04 PM)Eldonabe Wrote:  

(09-20-2021 02:22 PM)DFWMINER Wrote:  Down over 900 points.

When does it bottom out ?

The covid euphoria over the last 9 months baffled me - it was only a matter of time. There will be a small bounce back tomorrow or Wednesday which allows the heavies to get out and if/when that happens this could be a 4K-5K negative run over the next 6 weeks.

Maybe the morons on Wall Street who helped get Bite'em elected because mean Tweets might affect markets realize now that it's a hot steaming pile of turd sitting in the Oval Office. Talk about risky markets!

The stock market tanking makes me smile. I redid my fiancé’s portfolio right after the election. With the government propping up the economy for months with money for nothing it delayed the bear coming.

Since we are both now safe I want to see the market drop faster than Jill Biden’s breasts or Kamala’s panties.

Chinas economy and especially it’s real estate market is going kaboom. This is what you’re seeing in the sell offs

(09-20-2021 03:14 PM)CardinalJim Wrote:  Since we are both now safe I want to see the market drop faster than Jill Biden’s breasts or Kamala’s panties.

.... at a job interview.


FIFY

Biden* wants to know how this is going to affect his 10%.

(09-20-2021 03:16 PM)BigTigerMike Wrote:  Chinas economy and especially it’s real estate market is going kaboom. This is what you’re seeing in the sell offs

Yeah, eventually all those empty cities had to have some repurcussions. Hopefully there isn't too much of a contagion effect.

(09-20-2021 03:16 PM)BigTigerMike Wrote:  Chinas economy and especially it’s real estate market is going kaboom. This is what you’re seeing in the sell offs

Exactly…..

I’m watching the real estate market in the States. We’re about to see a commercial real estate crash. Hopefully that will settle the residential market down but I’m not sure it will.

Residential real estate has been booming for over 5 years now. When it drops its gonna be a big boom.

(09-20-2021 03:24 PM)CardinalJim Wrote:  

(09-20-2021 03:16 PM)BigTigerMike Wrote:  Chinas economy and especially it’s real estate market is going kaboom. This is what you’re seeing in the sell offs

Exactly…..

I’m watching the real estate market in the States. We’re about to see a commercial real estate crash. Hopefully that will settle the residential market down but I’m not sure it will.

Residential real estate has been booming for over 5 years now. When it drops its gonna be a big boom.

With residential, more supply will help calm prices. With commercial, it will be interesting to see what happens if work from home stays as the new normal. There's a reason lots of CEOs, especially banks, want people back in the office.

(09-20-2021 03:24 PM)VA49er Wrote:  

(09-20-2021 03:16 PM)BigTigerMike Wrote:  Chinas economy and especially it’s real estate market is going kaboom. This is what you’re seeing in the sell offs

Yeah, eventually all those empty cities had to have some repurcussions. Hopefully there isn't too much of a contagion effect.

I know where we can get them so Afghan immigrants to fill up those cities. They’re looking for a bunch of free stuff and China would be a paradise for them.

(09-20-2021 03:14 PM)CardinalJim Wrote:  The stock market tanking makes me smile. I redid my fiancé’s portfolio right after the election. With the government propping up the economy for months with money for nothing it delayed the bear coming.

Since we are both now safe I want to see the market drop faster than Jill Biden’s breasts or Kamala’s panties.

+3

Another contagion from China

Imagine that

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(09-20-2021 03:27 PM)VA49er Wrote:  

(09-20-2021 03:24 PM)CardinalJim Wrote:  

(09-20-2021 03:16 PM)BigTigerMike Wrote:  Chinas economy and especially it’s real estate market is going kaboom. This is what you’re seeing in the sell offs

Exactly…..

I’m watching the real estate market in the States. We’re about to see a commercial real estate crash. Hopefully that will settle the residential market down but I’m not sure it will.

Residential real estate has been booming for over 5 years now. When it drops its gonna be a big boom.

With residential, more supply will help calm prices. With commercial, it will be interesting to see what happens if work from home stays as the new normal. There's a reason lots of CEOs, especially banks, want people back in the office.

That’s true.

Here in Louisville they’re building these big 20K, 30K and 40K big box warehouses, with the prefab walls, that are sitting empty. Some have been empty for 3 or 4 years and they continue to build them.

I don’t know where the capital is coming from but it can’t continue.

https://twitter.com/monarchdiaries/statu...24129?s=19

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(09-20-2021 03:34 PM)CardinalJim Wrote:  

(09-20-2021 03:27 PM)VA49er Wrote:  

(09-20-2021 03:24 PM)CardinalJim Wrote:  

(09-20-2021 03:16 PM)BigTigerMike Wrote:  Chinas economy and especially it’s real estate market is going kaboom. This is what you’re seeing in the sell offs

Exactly…..

I’m watching the real estate market in the States. We’re about to see a commercial real estate crash. Hopefully that will settle the residential market down but I’m not sure it will.

Residential real estate has been booming for over 5 years now. When it drops its gonna be a big boom.

With residential, more supply will help calm prices. With commercial, it will be interesting to see what happens if work from home stays as the new normal. There's a reason lots of CEOs, especially banks, want people back in the office.

That’s true.

Here in Louisville they’re building these big 20K, 30K and 40K big box warehouses, with the prefab walls, that are sitting empty. Some have been empty for 3 or 4 years and they continue to build them.

I don’t know where the capital is coming from but it can’t continue.

They're still building them in the Memphis and surrounding areas, too.