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To: DownInFlames
The panic begins.

I don't think so yet, but it's coming. A coupe days of this, then the panic sets in. We may see as much as a 60% crash in the next few weeks. Or not.
11 posted on 01/24/2022 10:09:21 AM PST by JoSixChip (2020: The year of unreported truths; 2021: My main take away from this year? Trust no one.)
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To: JoSixChip
For the record, this is the 7th consecutive day of declines. And the last up day was a very small gain.

https://www.wsj.com/market-data/quotes/index/DJIA/historical-prices

13 posted on 01/24/2022 10:10:49 AM PST by C210N (Everything will be okay in the end. If it’s not okay, it’s not the end.)
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To: JoSixChip
We may see as much as a 60% crash in the next few weeks. Or not.

Try not. There are WAY too many institutional investors at Blackrock, State Street and Vanguard, not to mention the likes of Warren Buffett's Berkshire Hathaway, waiting for a 25-30% drop to start buying up stocks at fire-sale prices. They all remember what one Joseph Patrick Kennedy did from 1929 to 1937, where he bought up distressed stocks and real estate and sold them all by 1938 for a HUGE profit. It's a classic case of a "bargain hunter" sale for the rich.

15 posted on 01/24/2022 10:15:34 AM PST by RayChuang88 (FairTax: America's Economic Cure)
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