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Systemic Risk......Stop or I'll puke!

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Systemic Risk......Stop or I'll puke!

Old 08-24-2015, 03:54 AM
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Default Systemic Risk......Stop or I'll puke!

Having my morning Joe and listening to the gurus on CNBC and they can't seem to use that word/phrase enough. I have heard enough already. It's a long overdue correction that has been talked about for years. This time I got lucky and went to 80% cash a couple months ago. Now the big question is when to get back in. How big the "Stugots?" ;?
Old 08-24-2015, 05:31 AM
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The long overdue correction needed would have DJIA sub 10k...
Old 08-24-2015, 06:24 AM
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So when do I go buy some Apple? I last sold at 95, so do I go back in at 95. That is a big question. Methinks I will sit out a bit longer. Maybe look for some more real estate.
Old 08-24-2015, 06:32 AM
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Originally Posted by kennyboy View Post
So when do I go buy some Apple? I last sold at 95, so do I go back in at 95. That is a big question. Methinks I will sit out a bit longer. Maybe look for some more real estate.
I'd say you got a while...depending on what the Fed (and other CBs) does and how the world reacts this time, it may be a sight to behold.

Credit implodes and all that leverage used to get prices where they are today disappears...margin calls come...everything gets sold to raise capital.
Old 08-24-2015, 10:18 AM
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With oil below $39/barrel has me wondering if I should step in before OPEC cuts production and forces the barrel price back up.
Old 08-24-2015, 10:19 AM
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Well, Tim Cook may have done his part for AAPL...lol

http://www.zerohedge.com/news/2015-0...ve-aapl-stock-

Earlier today, as AAPL stock was plummeting and had lost a whopping $75 billion in market cap, dropping as low as $92/share, CNBC's Jim Cramer pulled a rabit out of a hat, or in this case a previously undisclosed email out of his inbox. An email from AAPL CEO Tim Cook which may have well be instrument in saving AAPL some $80 billion in market cap. An email which may also have been a rather blatant Reg FD violation.

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