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Wednesday, March 18, 2020

CORONA VIRUS WILL BE BLAMED FOR 7+ YEARS OF STOCK BUY BACKS FOR LARGE CORP WHO WANT THE LITTLE PEOPLE (TAX PAYERS) TO BAIL THEM OUT OF THIS MISS MANAGEMENT .

https://www.zerohedge.com/markets/stocks-slump-triggers-market-wide-trading-halt

THE SMARTEST PEOPLE IN THE ROOM CLAIM YOU CAN BARROW YOUR WAY TO PROSPERITY, THE FED AND WALL-STREET WANT US TO BAIL THEM OUT AGAIN NOTHING HAS BEEN FIXED SINCE 2008 CRASH

Dow Crashes Below 19,000 - Down Over 10,000 Points From Highs



Update (1420ET): The Dow Jones Industrial Average is now down over 10,000 points from its record high, breaking below 19,000 for the first time since 11/22/16...
And there's a long way left to fall to erase all the delusional market behavior of the last few years...


*  *  *
The dollar is screaming higher as stocks crash, triggering a Level 1 circuit breaker and a market-wide trading halt...
During US trading hours (Cash), these are the levels for the various circuit-breakers to hit:
  • Level 1: 7% fall to 2352.14 before 15:25EDT/19:25GMT will prompt a 15-minute pause.
  • Level 2: 13% drop to 2200.39 before said time will introduce another 15-minute pause.
  • Level 3: 20% decline to 2023.35 within the time will shut the markets
Will we see the first Level 2 trigger today?

The Dow is down 8% today...down 10,500 points from its record highs...
Dropping into the red since Trump's inauguration...
The S&P 500 has now broken below the critical Dec 2018 low...



The demand for dollars is going exponential...


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