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DOW drops 600pts
- Thread starter $kully
- Start date
When inflation/rate raises invert the yield curve.frvcvs said:
Also if they blow the debt ceiling increase.
It's the lead story on their business page.stu dog said:where's Fox News reporting this
Not like this wasn't expected. Nothing goes straight up. I raised a few hundred grand in cash shortly after the end of the year in anticipation. But yeah, right now, the Dow is down a little over 2%. Hopefully it doesn't get bad.
not on their main Fox News twitter feed like every Dow increaseGWS said:It's the lead story on their business page.stu dog said:where's Fox News reporting this
Not like this wasn't expected. Nothing goes straight up. I raised a few hundred grand in cash shortly after the end of the year in anticipation. But yeah, right now, the Dow is down a little over 2%. Hopefully it doesn't get bad.
It sounds like you are well positioned to jump into Crypto/altcoin/speculation/manipulation land!GWS said:It's the lead story on their business page.stu dog said:where's Fox News reporting this
Not like this wasn't expected. Nothing goes straight up. I raised a few hundred grand in cash shortly after the end of the year in anticipation. But yeah, right now, the Dow is down a little over 2%. Hopefully it doesn't get bad.
Are the Dow companies intrinsically more valuable today than 5 years ago? Do they have new products, new patents, new infrastructure to justify?
Or is it a manipulated bubble, set for a controlled crash, where the big boys take their profits first, and the little guy can't find a buyer when they need to sell.
Or is it a manipulated bubble, set for a controlled crash, where the big boys take their profits first, and the little guy can't find a buyer when they need to sell.
I don't twitter. What is this twitter thing?stu dog said:not on their main Fox News twitter feed like every Dow increaseGWS said:It's the lead story on their business page.stu dog said:where's Fox News reporting this
Not like this wasn't expected. Nothing goes straight up. I raised a few hundred grand in cash shortly after the end of the year in anticipation. But yeah, right now, the Dow is down a little over 2%. Hopefully it doesn't get bad.
I've been waiting for this drop since last week.
The market been on a scary uphill ride since the first of the year.
Over 7% in less than a month!! That's more in one month, than the market rose during the entire years of 2015 and 2016 combined prior to Nov 8, 2016 (election day).
So, this could be the long awaited pull-back from a frothy non-stop uphill ride. No climb like this lasts forever. Dow was up 45% since Nov. 8, 2016 to Jan 25, 2018. Not quite 15 months of near non-stop market rise (other than a somewhat flat March/May). And that was on top of a already near-toppy (though long flat) market condition as it was in late 2016.
As we all know, markets were predicted to crash and burn following Nov. 9, 2016, just like Hillary was suppose to have the election BIG. So much for the MSM talking heads.
If the DOW closes around 25,500 today, we'll have lost everything gained since.......
Jan. 11, 2018.
3 WHOLE WEEKS!!!!!
Making YTD gains only a measly 3% so far. :bawling:
We really needed a week like this pretty bad. It was getting out of hand.
The market been on a scary uphill ride since the first of the year.
Over 7% in less than a month!! That's more in one month, than the market rose during the entire years of 2015 and 2016 combined prior to Nov 8, 2016 (election day).
So, this could be the long awaited pull-back from a frothy non-stop uphill ride. No climb like this lasts forever. Dow was up 45% since Nov. 8, 2016 to Jan 25, 2018. Not quite 15 months of near non-stop market rise (other than a somewhat flat March/May). And that was on top of a already near-toppy (though long flat) market condition as it was in late 2016.
As we all know, markets were predicted to crash and burn following Nov. 9, 2016, just like Hillary was suppose to have the election BIG. So much for the MSM talking heads.
If the DOW closes around 25,500 today, we'll have lost everything gained since.......
Jan. 11, 2018.
3 WHOLE WEEKS!!!!!
Making YTD gains only a measly 3% so far. :bawling:
We really needed a week like this pretty bad. It was getting out of hand.
Why do you get so wrapped up in what MSM talking heads are predicting?Surfdog said:
And why do you think the correction is done?
Could it be that the market sees that the Nunes' memo is a nothing burger and that Trump's presidency is really in trouble? That this big bombshell was Trump's last gasp? I don't know any more than you do, but I'm not a buyer of stocks on Monday.
If you're 55, you probably got 20 more years.GWS said:
Plenty of time to recover, provided you like Top Ramen and off-brand soda, and have no mortgage.
bitcoin is doing awesome!the janitor said:It sounds like you are well positioned to jump into Crypto/altcoin/speculation/manipulation land!GWS said:It's the lead story on their business page.stu dog said:where's Fox News reporting this
Not like this wasn't expected. Nothing goes straight up. I raised a few hundred grand in cash shortly after the end of the year in anticipation. But yeah, right now, the Dow is down a little over 2%. Hopefully it doesn't get bad.
The more I think about it, the more this seems to be the market sensing the end of Trump's presidency. The memo was his last hoorah and it fell flat.
He'll fire Rosenstein soon, and then Wray, and then all hell will break loose.
President Pence better get ready.
He'll fire Rosenstein soon, and then Wray, and then all hell will break loose.
President Pence better get ready.
