Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Dow plunges 10% for its worst worst day since the 1987 crash as coronavirus fear crushes Wall Street bulls
Dow Jones ^ | 3/12/2020 | Dow Jones News Wires

Posted on 03/12/2020 1:24:31 PM PDT by 1Old Pro

click here to read article


Navigation: use the links below to view more comments.
first 1-2021-28 next last
I worked for a Wall Street Firm in 1987, we all survived. Took about a year for the quality stocks to recover. I don't remember the Democrats and the media saying Reagan caused the crash, but they probably did.
1 posted on 03/12/2020 1:24:31 PM PDT by 1Old Pro
[ Post Reply | Private Reply | View Replies]

To: 1Old Pro

However this pans out, folks > KYPD


2 posted on 03/12/2020 1:26:21 PM PDT by tomkat
[ Post Reply | Private Reply | To 1 | View Replies]

To: 1Old Pro

Take it all the way to zero, boys, what’cha gonna do after that?


3 posted on 03/12/2020 1:26:24 PM PDT by chris37 (Impeach Chief Obama Injustice Roberts, a fraud, a clown and a tyrant!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: chris37
Image result for watch me pull a rabbit bullwinkle
4 posted on 03/12/2020 1:28:24 PM PDT by Leep (Everyday is Trump Day!)
[ Post Reply | Private Reply | To 3 | View Replies]

To: 1Old Pro

The shakeout will clear out the trash ‘investors’...................


5 posted on 03/12/2020 1:30:23 PM PDT by Red Badger (If people were to God like dogs are to people, the world would be a really great place..............)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 1Old Pro

This all seems so ............ planned.


6 posted on 03/12/2020 1:34:50 PM PDT by Skooz (Gabba Gabba accept you we accept you one of us Gabba Gabba we accept you we accept you one of us)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 1Old Pro

Looks like the RATs and their media allies have succeeded in their sabotage.


7 posted on 03/12/2020 1:38:56 PM PDT by Nateman ( Unless the left is screaming you are doing it wrong.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 1Old Pro

They blamed Reagan, but they were having such a blast klilling the Bork nomination and with Iran-Contra hearings, nobody noticed.


8 posted on 03/12/2020 1:40:56 PM PDT by Luke21
[ Post Reply | Private Reply | To 1 | View Replies]

To: Skooz

“This all seems so ............ planned.”

Maybe. However the credibility of the stock market has plunged IMHO. There is something going on with all of this.


9 posted on 03/12/2020 1:46:59 PM PDT by Parley Baer
[ Post Reply | Private Reply | To 6 | View Replies]

To: 1Old Pro

Hard to believe everyone is losing money on their bets in the casino??


10 posted on 03/12/2020 1:54:59 PM PDT by eyeamok
[ Post Reply | Private Reply | To 1 | View Replies]

To: 1Old Pro

RBG may yet hold on long enough to be replaced by a young abortion loving justice. She just may pull it off.


11 posted on 03/12/2020 2:06:43 PM PDT by Old Yeller (Auto-correct has become my worst enema.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Skooz

Exactly.

The impeachment failed, so now comes a dangerous virus, stock market crash and a recession just in time for the election.

To their surprise this is going to solidify Trump’s base. I would rather go through tough times with someone who loves Americas rather than a phonies who hate Americans.


12 posted on 03/12/2020 2:18:22 PM PDT by desertfreedom765
[ Post Reply | Private Reply | To 6 | View Replies]

To: Parley Baer

“However the credibility of the stock market has plunged IMHO”

THAT is dead on.

If it’s nothing but a bunch of terrified rats gambling on shaky securities, what’s the point of putting money in?

The crashes always happen this way: slow rise to lofty heights, followed a precipitous fall to levels not seen for 5-6 years. And based on...what? The world’s gonna end?

They’ve just deligitimized their own game. With wild swings like this, might as well stick to ordinary cash instruments.

It looks more like “blow a bubble then use a pretext to crash the market and start the game all over again”. Be interesting to see who sold early.


13 posted on 03/12/2020 2:57:11 PM PDT by Regulator
[ Post Reply | Private Reply | To 9 | View Replies]

To: Skooz

This all seems so ............ planned.

It is. Look at all the times of illnesses that Obama declared. The market lost 200 points at most. This crap is so overblown! Trump should shut the markets down for a week to let the settle down.


14 posted on 03/12/2020 3:13:27 PM PDT by Bommer (I am a MAGA-Deplorian! It is the way! It is the only way!)
[ Post Reply | Private Reply | To 6 | View Replies]

To: 1Old Pro

Wow. Dow down over 2,300!


15 posted on 03/12/2020 3:15:40 PM PDT by familyop ("Welcome to Costco. I love you." - -Costco greeter in the movie, "Idiocracy")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Bommer
This all seems so ............ planned.

Pretty stupid plan. Take out the entire world economy, cause is China, and it has nothing to do with President Trump. How is this a win for the deep state?

16 posted on 03/12/2020 3:16:20 PM PDT by Sirius Lee (They are openly stating that they intend to murder us. Prep if you want to live.)
[ Post Reply | Private Reply | To 14 | View Replies]

To: Regulator
The crashes always happen this way: slow rise to lofty heights, followed a precipitous fall to levels not seen for 5-6 years. And based on...what? The world’s gonna end?

First business cycle, kid?


17 posted on 03/12/2020 3:21:37 PM PDT by Bubba Ho-Tep ("The rat always knows when he's in with weasels."--Tom Waits)
[ Post Reply | Private Reply | To 13 | View Replies]

To: Sirius Lee

Only thing that smells is an investment bank trying to talk us into a recession. Investment banker crooks make their money through good time via trading. They always talk up the markets. Why did Goldman sing a different tune yesterday?


18 posted on 03/12/2020 3:30:39 PM PDT by Sam Gamgee
[ Post Reply | Private Reply | To 16 | View Replies]

To: 1Old Pro

with more to come on Friday.

Strap in folks.


19 posted on 03/12/2020 3:33:39 PM PDT by CharleysPride (Peace, Freedom and Prosperity. Thank you, President Trump.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 1Old Pro

Show me the bodies!!!

Where are all these thousands of people who are dying?

I ask because when this is all over and the NCCA tourney has been cancelled, baseball is postponed, the rest of the NBA season is done, the markets are crushed beyond recognition, etc. I want ropes and trees unless I am shown the massive death toll.

Otherwise, wtf!?!? Why is my kids school cancelled, their sports cancelled, etc. if there are no bodies in piles?

Why is the economy ruined if there are no deaths galore.

Point being that the response to this should be serious but proportional to the threat.

Those who point to the flu are right in a way. Sure, this disease is more dangerous in terms of the fact that we know squat about it. But where was this panic during Ebola or SARS or the Avian Bird Flu? Where were the cancelled parades and sports seasons.

And now we can’t gather in groups? Oh, how very freaking Soviet of them. By some coincidence this results in cancelled Trump rallies. Yeah, sure.

I am supposed to believe that the Deep State, the very Deep State that we have been decrying here on this site, is now to be a trusted source of information? I am to believe that THAT Deep State, the one who tried coup attempt after coup attempt is not now controlling us beyond their wildest dreams.

No going out, no eating this or that, no driving, no flying, no watching barbaric baseball and basketball. And most of all, no more rallies unless approved by the local, liberal governors. I say again, isn’t it a shame that the proposed remedial measures are straight out of the USSR.

Like your virus? This is a dress rehearsal for the next election they win that will be the LAST election. Just saying.

Might I get the coronavirus? Sure, you bet I might. Might I probably recover? Sure bet I likely will. JUST LIKE THE FREAKING FLU, I might also die. But I might die driving my car for freaking sakes. Will it be pleasant if I get it. HELL NO. But when the heck is it ever freaking pleasant to be sick? WHEN????

I call foul and will continue to.


20 posted on 03/12/2020 3:36:11 PM PDT by FlipWilson
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-28 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson