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Possible market closure


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#1 CLK

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Posted 21 March 2020 - 07:05 PM

I think this is real news, but verify.

 

https://news.bitcoin...-stock-trading/



#2 Entropy3.0

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Posted 21 March 2020 - 09:44 PM

I hope its fake because  you can't actually stop the stock market price discovery because its electronic interconnected GLOBALLY 24/7.

Just because we shut the trading floor/electronic market here, would not stop the DAX, FTSE , NIKKEI and other 'betting markets' from reacting to the  action, and, as soon as

our market reopens it will just gap down to those levels. That is exactly what has been going on since the drop began. Perhaps if they

could coordinate a global shut down it might be possible, but, you couldn't do it for very long before it would have negative consequences to the real economy. It would also risk creating more panic ( their specialty it seems) and a 'run on the financial system' i.e. a giant move out of stock stocks/bonds and everything into cash for fear of illiquid assets if Govt shuts it down again. 


Pick a system, follow the system, ignore everything else.

#3 cycletimer

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Posted 21 March 2020 - 10:12 PM

I got word from a pilot that domestic air travel will end tomorrow evening.  I’ve also gotten word from a member of law enforcement community that a national lockdown is imminent.  This might be the catalyst for the final plunge to s&p 2000 level.



#4 gm_general

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Posted 21 March 2020 - 11:40 PM

We got lockdown word from the governor in NJ here, but in reading about it they seemed to indicate you would be allowed out for food and medicine and essential jobs, so my idea of lockdown is probably more complete than they mean. Also saw the neighborhood adults were doing yard work and kids playing with each other.



#5 Dex

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Posted 22 March 2020 - 12:20 AM

[quote name="cycletimer" post="817457" timestamp="1584846741"]

I got word from a pilot that domestic air travel will end tomorrow evening.  Ive also gotten word from a member of law enforcement community that a national lockdown is imminent.  This might be the catalyst for the final plunge to s&p 2000 level.[/quote)

The soldiers on the front line are the last to know what the generals are planning.

Edited by Dex, 22 March 2020 - 12:21 AM.

"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
17_16


#6 andr99

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Posted 22 March 2020 - 04:28 AM

spx 2000 final low ? we' re maybe halfway from the final low


forever and only a V-E-N-E-T-K-E-N.....though partly langbardic


#7 cycletimer

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Posted 22 March 2020 - 08:46 AM

[quote name="cycletimer" post="817457" timestamp="1584846741"]

I got word from a pilot that domestic air travel will end tomorrow evening.  Ive also gotten word from a member of law enforcement community that a national lockdown is imminent.  This might be the catalyst for the final plunge to s&p 2000 level.[/quote)

The soldiers on the front line are the last to know what the generals are planning.

In most cases, unless your source comes from an agency in D.C......



#8 cycletimer

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Posted 22 March 2020 - 08:54 AM

We got lockdown word from the governor in NJ here, but in reading about it they seemed to indicate you would be allowed out for food and medicine and essential jobs, so my idea of lockdown is probably more complete than they mean. Also saw the neighborhood adults were doing yard work and kids playing with each other.

By lockdown; I mean just what you posted, allowed to get medicine, medical assistance and groceries, even walking your dog around the block.  Lockdown means ALL non essential commerce is closed. I’ve been hunkered down since Friday a week ago so I’m not affected. I have my own home gym so gym closures don’t affect me, I have months worth of prepper food and at last count 60 rolls of toilet paper.  We have been prepared for anything for a long time, we call our plan “beans, bullets & bandaids.”  Always have plenty of food, ammunition and first aid/prescription meds. I’m very unapologetic about being a preppier in every sense of the world.  I’m not one of those crazed anti-government types, I’m simply someone who looks at the world with a cynical eye and I’m married to a country girl.  Hank Williams Jr was right in the line to his famous song, “the country bot will survive.”   
I do pity those who live in a crowded metropolitan area like NYC or Chicago.  I’m expecting civil unrest from all this.....



#9 MDurkin

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Posted 22 March 2020 - 10:28 AM

 

We got lockdown word from the governor in NJ here, but in reading about it they seemed to indicate you would be allowed out for food and medicine and essential jobs, so my idea of lockdown is probably more complete than they mean. Also saw the neighborhood adults were doing yard work and kids playing with each other.

By lockdown; I mean just what you posted, allowed to get medicine, medical assistance and groceries, even walking your dog around the block.  Lockdown means ALL non essential commerce is closed. I’ve been hunkered down since Friday a week ago so I’m not affected. I have my own home gym so gym closures don’t affect me, I have months worth of prepper food and at last count 60 rolls of toilet paper.  We have been prepared for anything for a long time, we call our plan “beans, bullets & bandaids.”  Always have plenty of food, ammunition and first aid/prescription meds. I’m very unapologetic about being a preppier in every sense of the world.  I’m not one of those crazed anti-government types, I’m simply someone who looks at the world with a cynical eye and I’m married to a country girl.  Hank Williams Jr was right in the line to his famous song, “the country bot will survive.”   
I do pity those who live in a crowded metropolitan area like NYC or Chicago.  I’m expecting civil unrest from all this.....

 

If food is disrupted I agree...



#10 Dex

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Posted 22 March 2020 - 11:01 AM

This thread and replies are a sign we are near a bottom.
"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
17_16