It will be eat-at-home only. No eating out. Kaya and toast bread.

This post has been edited by danmooncake: Sep 27 2013, 08:57 PM

Finally, SP500 dips below 1680, right at 50ma.

US govt going shutdown.. nice dip!!

so mild.....so far.

Bounce off nicely from 1680 (50ma). Holding here...

confirm shutdown.
market no response.....

govt shut - like last time. Non-event... maybe 1-2% pull back.

But, Oct 19. Debt ceiling.. if they ignore this one. then, we'll get 1000 pts drop.

The gradual (but expected short-lived) shutdown

How 'bad' can it be ??

Good reading for statistics lovers, here >>




Attached File(s)
 shutdown.pdf ( 102.48k ) Number of downloads: 28

so bullish...

It's not that bad..(nat parks shutdown, non-essential fed agency shutdown, no passports issued) but prolonged it may somewhat affect GDP.

Let say.. the two parties in congress still do not want to budge and the Obama doesn't want to give in either for the next 17 days and they don't care about the debt ceiling (different issue of course), the market could react. However, Uncle Ben still got his PUTs on the market so far.

Let say if Uncle Ben decides to really takes off the 'taper' and remove the PUTs on schedule. and no resolution to both earlier issues, then we'll see a real violent reaction to the downside! I have not see 1000+ points drop for long time. Don't mind see blood again.. (want to bargain hunt here)

But, meanwhile, US free market economy could be proven to be decoupled from the govt. When the govt shuts down.. the market actually rallies.

This post has been edited by danmooncake: Oct 2 2013, 02:13 AM

17/10 could have slightly greater impact on the global economy, i think.

do you think they will reach there?
even now gomen shut down, lots of people already not happy and blaming the parties.
This is a political game. If this game lower your future votes by upsetting the voters, then the politicians are considered stupid. And I don't think they are stupid.

haha. go tell the republicans...maybe they will listen to you le. we all will thank you alot. serious.

danmooncake won't thank me. He wants to ride the bear to earn abalone breakfast for the family.

market could rebound. Letta won confidence vote at 3:1.

Ya.. family already went on diet last week. So this week, must feed them already.

Come 'mon. Ride it down with me... I want to see SP500 break BELOW 1675.. all the way to 1625 as next wave.
Even bullish people also want bears to come out and take control, so that they can buy cheaper.

This post has been edited by danmooncake: Oct 3 2013, 12:05 PM

lets hope j boehner can find a way out to allow a clean bill to cease shutdown.



Attached thumbnail(s)

on its way to 1675.....

Hee haw!!!

anyone saw tat begger j boehner in the US cnn mews interview? so funny and blow empty words until newsen were laughing at the back openly. there was even a spyshot of secret chat between two republicans about what to damand shd obama agrees to a discussion. haha.mm so strange

please share the link.

btw, market so bullish!! 2013 is really a bad year for bears.

This post has been edited by yok70: Oct 5 2013, 02:56 AM