Posted on 02/05/2018 12:33:52 PM PST by nickcarraway
I don’t know much about the stock market, but I thought it was strange how it crashed just before the 2008 Election.
and within 20 minutes it gained 700 points(to down 800)
Bargin hunters made money fast
Then why would they have “let it” go up in the first place?
While I don’t disagree with that, there are measures on place to prevent this sort of thing. A quick move from 500 down to 1500 down in less than an hour, I thought stops were put in place to prevent this sort of thing.
Blame the feds
You know, those fine patriotic bureaucrats dedicated to saving the world from Pres Trump
LOL! I went out to smoke...it was down 750...when I came back in it was down 1500. My bet is 2 months from now well be back over 26k.
in a span of less then 20 minutes the dow fell 700 and gained it back
Where’s the plunge protection team when you need them?
Skiing in Davos?
Lots of sell side going into final fifteen minutes.
Caught one dip, sold. Will wait till tomorrow to repeat.
Ten percent correction here would be over 2500 points off the high so don’t panic.
That’s how I understand it.
Soros manipulation?
On a smaller scale, no doubt, I plan on buying some more.
High quaility stocks like JNJ fell as low of 122 (now 132)
CAT was down to 142..then up to 154 in minutes
insane
MSM diversion from the FISA memo. The more the market drops today, the more we know all the other stuff they don’t want us focusing upon, is all real, and they lie.
Nobody on MSM freaks out this much when it goes UP.
(watching Shemp on Fox right now, be the Stooge that He IS!)
I figured at the time that bloviating rich types, like Soros today, were trying to cause Reagan a financial headache.
Didn't work. The economy was so strong at the time that it just bounced right back.
“...Soros manipulation?...”
Soros, Bezos and Buffet? The Evil Trilogy.
IF, in fact, true...someone needs to go to jail.
As one guy was saying on Fox Biz...we’ve got etf redemptions and program selling. Might see margin call covers late. It’ll settle out over the coming days.
I was selling real estate on October 29, 1987. On this Black Monday, the market fell maybe 600 points which was more than a 22% drop. Markets around the world folded similarly by the next day. It took less than two years to come back to it’s pre-crash high. And that was just under Dow 2300. If you were in the market for short turn gains, you got wacked. If you were in it for long term appreciation, you soldiered on and maybe did some dollar-cost averaging in stuff you still believed in. If you were in it for dividend yield, you barely noticed anything and maybe your income actually increased over the next few years.
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