Jump to content

Welcome to SECTalk.com

Welcome to SECTalk.com -- The Home of 6 Straight National Titles!

You are currently accessing our site as a guest which means you can't access all of our features such as social groups, sports betting, and many more. By joining our free community you will have access to all of these great features as well as to participating in our forums, contacting other members, and much more. Registration only takes a minute and SECTalk.com is absolutely free, so please join today!

If you have any problems registering or signing in, please contact us.

Latest Topics




Latest News

Top Bettors

Top High Fived


nova

nova

Member Since 08 Dec 2009
Online Last Active 8 minutes ago

In Topic: A World In Denial, Headed For Full-Blown Panic As The Global Economy And Stoc...

9 minutes ago

Yep, down another 2.5% thus far today.  Short squeeze if I've ever seen one.  I think S&P 1900ish is likely once things stabilize although it hit 1800ish depending on the herd behavior...

In Topic: A World In Denial, Headed For Full-Blown Panic As The Global Economy And Stoc...

30 August 2015 - 07:58 AM

 Based Potato, on 28 August 2015 - 08:24 AM, said:

No posts about the markets bouncing back yesterday? Look I'm not going to even pretend to act like I know anything about finance, but when they say the markets are going to go through an adjustment, perhaps its a good idea to not panic until the dust settles. It could still end up bad in the long run but there isn't a quick solution for global markets. Too many things at play.

Short squeeze. That's typical behavior when there's a large drop.  You get a lot of short sales that then need to be covered about the same time, causing a rebound.  I'm still expecting flat to negative in the med term.

In Topic: A World In Denial, Headed For Full-Blown Panic As The Global Economy And Stoc...

26 August 2015 - 10:18 AM

I've come to believe that gold is a peculiar animal.  The other metals less so due to their industrial uses. It's got elements of a commodity, money/currency, and psychological idol all baked into it.

It would be nice to see gold/silver/platinum drop even further though.  Would like to add a little more physical (actual coins stacked in my safe) gold to my portfolio along with some platinum and silver ounces make good Christmas/Birthday happys for my nephews piggy banks....

In Topic: EC 490 Macroecon and monetary policy

25 August 2015 - 02:26 PM

S&P closed down 1.35%.  Yeah that was even a short lived post mortem bouncing feline...

In Topic: EC 490 Macroecon and monetary policy

25 August 2015 - 08:26 AM

I think a stiff feline is imitating a rubber ball