Total Capitulation

[Ghostwriter]

It has arrived folks, enjoy the ride.

 

[sniper77]

Yes, oil down to 62. Opening bell now ringing

 

[sniper77]

DOW could be under 8,000 by the time we wake up in the morning.

Already down 200 in the 1st 90 seconds

 

[sniper77]

Now down 400 points

 

[sniper77]

FOX Business talking about "Circuit breakers" when they reach a loss of 1,100 points. Madness!!!

 

[sniper77]

Oil rallying (if you can call it that) to above 63. DOW seems to have settled around 400 to 450 points down, or a touch under 5%.

 

[Ghostwriter]

False alarm, time to go to bed and sleep sound.

 

[Copernicus]

I have a funny feeling things are gonna get ugly at around 4pm American EST.

Currently the DJIA down about 300+, keeps swinging around that mark at the moment.

 

[Ghostwriter]

Only down 300 points, thats a good day, makes monday a little more interesting, but don't be surprised if 29th turns into a black one.
Bargains of the century are about to be had.

 

[James23]

Only down 300 points, thats a good day, makes monday a little more interesting, but don't be surprised if 29th turns into a black one.
Bargains of the century are about to be had.

Indeed. I'm anticipating this like a little kid on christmas day Cashed up and (almost) ready to buy. Only temporary though as the long-term trend is still down down down.