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Dow drops more than 1,500 points as stock slide deepens
New York Post ^

Posted on 02/05/2018 12:33:52 PM PST by nickcarraway

Markets were screaming red in Monday’s trading session, continuing a steep decline that started Feb. 1.

By 3:08 p.m. ET, the Dow Jones industrial average had fallen 1,032.95 points — or 4 percent — to 24,488.01. The S&P 500 fell 59.63 points, to 2,702.31, and the Nasdaq fell 230.51 points, to 7,010.41.

Moments later, the Dow fell as much as 1,500 points and had erased its gains for the year.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Extended News; News/Current Events
KEYWORDS: crash; dow; stockmarketplunge; stocks
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To: DoughtyOne
You're welcome! Thanks for helping me look smart. LOL.

I didn't know all of the details of the trading halt triggers, so I looked them up when you wondered about why the trading hadn't stopped after the 1,500-point drop.

:-)

101 posted on 02/05/2018 1:09:41 PM PST by Alberta's Child ("Go ahead, bite the Big Apple ... don't mind the maggots.")
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To: Professional

Answer the question. Your being insulting and not answering the question tells me a lot.


102 posted on 02/05/2018 1:09:44 PM PST by RooRoobird20 ("Democrats haven't been this angry since Republicans freed the slaves.")
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To: Drago

I’m not familiar with that term in relation to the market.


103 posted on 02/05/2018 1:11:28 PM PST by DoughtyOne (01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 215.71 from 50% increase 1.2183 yrs..)
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To: RooRoobird20

Oh yeah, what does it tell you? You started with the smarmy questions.

Tell you what you get...

Nada.

“twist”


104 posted on 02/05/2018 1:11:41 PM PST by Professional
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To: Alberta's Child

Hey, I’m here to help. LOL


105 posted on 02/05/2018 1:12:05 PM PST by DoughtyOne (01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 215.71 from 50% increase 1.2183 yrs..)
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To: Yaelle

Soros.

But don’t worry. When it’s low enough he and his cronies will buy cheap and it’ll rise back up and then some.


106 posted on 02/05/2018 1:12:23 PM PST by bgill (CDC site, "We don't know how people are infected with Ebola.")
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To: Professional

I asked you a perfectly reasonable question—if you’re as brilliant as you think you are, your claims should be easily, easily explained.

Go away troll, you’re really acting like a jerk.


107 posted on 02/05/2018 1:13:43 PM PST by RooRoobird20 ("Democrats haven't been this angry since Republicans freed the slaves.")
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To: nickcarraway

I had a brief conversation not long ago with a millenial type who had just taken a kollege investment course, and was bragging about his gains.

I pointed out that the market would correct at some point. He swore that would never happen.

When enough of the sheep convince themselves that the market will keep going up forever, that’s when it will turn down.


108 posted on 02/05/2018 1:14:12 PM PST by Fresh Wind (Hillary: Go to jail. Go directly to jail. Do not pass GO. Do not collect 2 billion dollars.)
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To: RooRoobird20

LOL, “If you’re as brilliant as you think you are”

Did you scrunch your nose up as you typed that?


109 posted on 02/05/2018 1:14:29 PM PST by Professional
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To: DoughtyOne

“Bubble”/overvalued’....the same way certain FReepers apply then to crypto w/o any real information on the tech.


110 posted on 02/05/2018 1:16:21 PM PST by Drago
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To: Professional

If you continue to troll me, I am going to report you for abuse. Just stop.

You think you know everything, I think you’re mostly full of sh*t. I have a $2 million dollar portfolio, what do you have?

Idiot.


111 posted on 02/05/2018 1:16:55 PM PST by RooRoobird20 ("Democrats haven't been this angry since Republicans freed the slaves.")
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To: RooRoobird20

I gave you the answer the first time. Then you had the nerve to ask me why the “media” wasn’t validating my answer. How stupid are you?

Why don’t you look up Soros on Wikipedia and read about his criminal record and illegal trading habits and his take down of the Bank of England, Mexico and various parts of Asia in 1998. You’ll also recall that he committed his entire net worth to undermining GW Bush.

I suspect he was THE player in the 2008 downfall and wound up raking in hundreds of billions, if not trillions in ill gotten gains from that time period.

Are you not following the news about the deep state and the swamp?

You don’t think the Swamp is just going to sit there do you?? You don’t think that kind of evil fights back? Just a coincidence that the financial carnage started the moment the Nunes memo was released?


112 posted on 02/05/2018 1:17:59 PM PST by Professional
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To: bgill

they aren’t going to buy back til way past bottom. It’s payback time.


113 posted on 02/05/2018 1:18:15 PM PST by CJ Wolf (It's a Mad, Mad, Mad, Mad World and Trump got the cure.)
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To: Professional

I have a $2 million dollar portfolio.....what do you have, tin foil hat boy?


114 posted on 02/05/2018 1:19:19 PM PST by RooRoobird20 ("Democrats haven't been this angry since Republicans freed the slaves.")
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To: RooRoobird20

I’m a 26 yr RIA and have managed 9 figure portfolios, have listed 3 institutional products, have a clean record with regulators and specialize in working with HNW investors. I own my own firm.

Take your 2 mill that you inherited from your parents and buy some bitcoin....it’s the new thing you know...


115 posted on 02/05/2018 1:19:38 PM PST by Professional
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To: All

cnbc is practically dancing


116 posted on 02/05/2018 1:20:37 PM PST by longtermmemmory (VOTE! http://www.senate.tand http://www.house.gov)
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To: Drago

Okay great. Thanks.


117 posted on 02/05/2018 1:21:18 PM PST by DoughtyOne (01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 215.71 from 50% increase 1.2183 yrs..)
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To: Professional

26 year old snotty little sh*t, I might have known.

I inherited nothing. My portfolio is my money that I earned, saved and invested wisely, nobody gave me anything ever. In fact I’ve probably given at least a quarter of a million away to help family members.

Go away you stupid little snowflake.


118 posted on 02/05/2018 1:22:54 PM PST by RooRoobird20 ("Democrats haven't been this angry since Republicans freed the slaves.")
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To: nickcarraway

The dollar is weakening against the Euro.

Since the stock market wasn’t likely to go higher, Europeans are profit-taking.

Americans are joining them.

Correction 2018 is taking place.


119 posted on 02/05/2018 1:23:55 PM PST by Brian Griffin
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To: RooRoobird20

LOL, you cannot even read. I’ve been a Registered Investment Advisor for 26 yrs.

But damn, what I’d give to have my job now, own my business and be only 26 yrs old!

Shit, I’ve been at FR for 20 yrs...


120 posted on 02/05/2018 1:25:54 PM PST by Professional
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