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  1. midas360 is offline
    08-24-2015, 10:05 AM #601
    Like I said, if you liked SIRI at 3.90 thinking it was going to Faulkner's $5 price target, then you will LOVE IT here. Good Luck!

  2. MUSCLE13 is offline
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    08-24-2015, 10:07 AM #602
    Will this be looked as a stock market crash or a stock market correction??? Picked up some more Comcast. Took a while for the trade to go through........

  3. midas360 is offline
    08-24-2015, 10:08 AM #603

  4. midas360 is offline
    08-24-2015, 10:09 AM #604
    Looks like margin calls and algos running stop losses.

    Quote Originally Posted by MUSCLE13 View Post
    Will this be looked as a stock market crash or a stock market correction??? Picked up some more Comcast. Took a while for the trade to go through........

  5. MUSCLE13 is offline
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    08-24-2015, 10:09 AM #605
    I think there is zero chance Yellen raises rates in September now. Just my opinion. The world economy is just too weak and it has an effect on the US
    Last edited by MUSCLE13; 08-24-2015 at 10:11 AM.

  6. midas360 is offline
    08-24-2015, 10:10 AM #606
    I really hope she does. This would be the perfect time to slip in a rate hike.

    Quote Originally Posted by MUSCLE13 View Post
    I think there is zero chance Yellen raises rates in September now. Just my opinion.

  7. bdp. is offline
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    08-24-2015, 10:18 AM #607
    I think the rate hike will proceed as planned. If it is postponed, that would be a strong indication of a weakening U.S. Economy which would have far reaching negative effects, including justifying a further plummeting of the market. If the rates are raised, it will at least show confidence in our economy, even though much of the rest of the world may not be faring so well.

  8. MUSCLE13 is offline
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    08-24-2015, 10:23 AM #608
    Quote Originally Posted by bdp. View Post
    I think the rate hike will proceed as planned. If it is postponed, that would be a strong indication of a weakening U.S. Economy which would have far reaching negative effects, including justifying a further plummeting of the market. If the rates are raised, it will at least show confidence in our economy, even though much of the rest of the world may not be faring so well.
    I think there is no chance anymore and I believe the market will like that in September as it comes to grips with reality. 100% disagree with you guys. China , Europe etc affect us. This is a world economy.

  9. midas360 is offline
    08-24-2015, 10:25 AM #609
    I agree. This is a non-event in my opinion. Fed will raise rates. Raising rates here won't do anything other than signal that she is good on her word.

    Quote Originally Posted by bdp. View Post
    I think the rate hike will proceed as planned. If it is postponed, that would be a strong indication of a weakening U.S. Economy which would have far reaching negative effects, including justifying a further plummeting of the market. If the rates are raised, it will at least show confidence in our economy, even though much of the rest of the world may not be faring so well.

  10. MUSCLE13 is offline
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    08-24-2015, 10:29 AM #610
    Quote Originally Posted by midas360 View Post
    I agree. This is a non-event in my opinion. Fed will raise rates. Raising rates here won't do anything other than signal that she is good on her word.
    Art Cashin on CNBC right now saying exactly what I just wrote about the rate hike. He is adament not just about no move in September but he just said no move this year! Currency markets are agreeing with him today.

    I think you guys are absolutely oblivious. World economy.