Replies to post #243920 on SPDR S&P 500 (SPY)

[risk on]

I think it’s gonna be a long road to get a true reaction from these developments , that of course depends on “ WHO “ is being indicted . Most speculate it’s Paul M. Or Mike F. , and that could be rather inconsequential to markets , as both of those folk know that the power of the pardon can prevent them from having to play “ lets make a deal “ with Bob M. ** THE TRUE RELEVANCE FOR THIS BOARD is HOW IT AFFECTS MARKETS** and at this point, I really don’t think SPY cares , as it is no where near to affecting Tax Cut Proposal , which is the biggie. But, guess what IS a danger to the Tax Cut dream, THE CBO REPORT.

How in the world will fiscal hawks square their sensibilities and cries of “ foul “ over the last eight years with a CBO report that shows the Nat. Debt growing by $4- $6 TRILLION, because imo that will be a lasting mat on their legacy , and what they will be remembered for.

Billionaires getting richer at the peril of seniors and the needy vis a vis Medicare and SS payments .

Not a legacy I would want. Nor what this country should stand for. FDR is rolling in his grave , and even Reagan is blushing in the face of this potential Hubris

[Cret]

First of all.... Washington post broke the story! There is such a long list of corruption from Clintons and how in the world does she sign off on giving 20% yellow cake to Russian company and then receive millions to her foundation... then also is the one who pays for dossier on Trump... from Russian sources. So bogus.... this is going down as one of the biggest scandals ever... so much corruption and extortion from Clintons.... Pretty soon the facts won't be coveted up much longer... Dems are running on this ... stay tuned. New York times & Washington post broke the story and liberal agenda media won't cover it... they will soon!!!

[Cret]

Real dishonesty and crime is coming from Clinton... just broke that she stole the DNC primary from Bernie. Terrible stuff... when will poeple start holding her accountable. .. the most crooked politician. You will see the real collusion shortly...

[gdl]

Chart symmetry since 8/18 suggests another peak at around 11/20. the drop after can be anywhere from 20 SP500 points to 2500 or even the start of the 20% correction.

All depends on Mueller's announcement. If charges on trump we start the full 20% drop. if just Flynn most likely 2500 will be the lows.

I dare to use political events to determine market reaction but this is a very unusual rare event.

As usual I expect this to be deleted so get it while its HOT!

On the dollar, as expected it did breakout. So far slow but steady. had expected a bigger spike up reaching past 25 already.