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Wall Street in free-fall as traders ditch stocks amid global rout (Dow Down 921/6%)
Yahoo Finance ^ | August 24, 2015 | Adam Samson

Posted on 08/24/2015 6:36:42 AM PDT by C19fan

Wall Street plummeted early Monday as traders aggressively sold stocks and bid-up only the safest asset classes.

The Dow Jones Industrial Average tumbled 577 points, or 3.5%, to 15843, the S&P 500 plunged 77.5 points, or 3.9%, to 1884, and the Nasdaq Composite dived 412 points, or 8.7%, to 4295

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy
KEYWORDS: 1moretime; investments; stockmarket; stocks
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To: 1Old Pro

and a majority of the voters and illegals will cry out for more government jobs, regulations, and ownership. Double check.

Goal Bring down the USA a peg or two or three check.


41 posted on 08/24/2015 7:03:24 AM PDT by Maine Mariner
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To: C19fan


42 posted on 08/24/2015 7:03:51 AM PDT by JoeProBono (SOME IMAGES MAY BE DISTURBING VIEWER DISCRETION IS ADVISED;-{)
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To: thefactor

There is a 3rd type.

To quote Winston Churchill at the end of the Battle of Britain: “This is not the end. This is not even the beginning of the end. But, it is, perhaps, the end of the beginning.”

Wake me up when PE ratios reach a historical average.


43 posted on 08/24/2015 7:03:59 AM PDT by zek157
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To: C19fan

I’ve got my popcorn and I’m watching the slaughter..no excuse for getting caught in this one; you could see the tsunami building in the Chinese markets and heading this way.

I got out of the market last week, and I’m sure a lot of other folks did, too. Once the blood-letting is over, ther should be some real bargains. Of course, this correction has the potential to make 2008 look like a walk in the park.


44 posted on 08/24/2015 7:06:08 AM PDT by ExNewsExSpook
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To: C19fan

Isn’t the Obama Biden economy wonderful?


45 posted on 08/24/2015 7:06:12 AM PDT by The_Media_never_lie ( Megyn made the debate about her petty gripe. She failed miserably. She choked, choked like a dog!)
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To: MichaelCorleone

If a Republican were in the White House, there would be hell to pay. The media would be all over him.

Obama, though, has been enjoying another vacation while all this has been going on, and not a peep from the worshipful press.


46 posted on 08/24/2015 7:06:30 AM PDT by Deo volente (God willing, America shall survive this Obamanation.)
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To: C19fan

Dow got half of it back now. -489


47 posted on 08/24/2015 7:08:01 AM PDT by Genoa (Starve the beast.)
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To: central_va

>> DOW up 500 pts in the past half hour! (it is all how you look at it)

LOL! I’m glad I BUNGEE-jumped out my upstairs window! :-)


48 posted on 08/24/2015 7:08:01 AM PDT by Nervous Tick (There is no "allah" but satan, and mohammed was his demon-possessed tool.)
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To: C19fan

I had an open limit order this morning that I fortunately lowered $1.00 a share before opening. The stock went $4.00 under before recovering. So I am now positive, but boy could I have been screwed, all within about 10 seconds of opening.


49 posted on 08/24/2015 7:08:07 AM PDT by DaxtonBrown (http://www.futurnamics.com/reid.php)
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To: C19fan

S&P has had two huge bungees so far. Up now....


50 posted on 08/24/2015 7:09:43 AM PDT by Genoa (Starve the beast.)
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To: kjam22

Wanna bet?


51 posted on 08/24/2015 7:10:01 AM PDT by NELSON111
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To: abb

>> Very attractive dividend yields there, along with XOM

That XOM is reeeely attractive. I think I have enough CAT for now though.

But are you SURE that Exxon will be around in 5 years when I need the dough? ;-)


52 posted on 08/24/2015 7:10:14 AM PDT by Nervous Tick (There is no "allah" but satan, and mohammed was his demon-possessed tool.)
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To: NELSON111

Sure....


53 posted on 08/24/2015 7:10:59 AM PDT by kjam22 (my music video "If My People" at https://www.youtube.com/watch?v=74b20RjILy4)
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To: goodnesswins
I remember that day in 1987...so far...you are correct...this is nothing in comparison.

True. But if you take last week and keep that up for a few more weeks, we could get there, just in more slowly.

54 posted on 08/24/2015 7:11:09 AM PDT by NeoCaveman (DC, it's Versailles on the Potomac but without the food and culture)
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To: Genoa; C19fan
S&P has had two huge bungees so far. Up now....

I mean bungee in up position, not green!

55 posted on 08/24/2015 7:11:17 AM PDT by Genoa (Starve the beast.)
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To: oh8eleven

“market crash doesn’t automatically force people out of retirement.”

Correct. Especially if they would allow deflation. But with the debt levels the nation-states have, and the politics of “full employment”, forget it. There are many Trillion$ in reserves to let loose!


56 posted on 08/24/2015 7:12:54 AM PDT by ReaganGeneration2
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To: zek157

Go back 20 to 25 years. Inflate the DOW at 5or 6% per year straight line. The DOW is not too high..... unless you believe there is a cap that it can never go over?


57 posted on 08/24/2015 7:13:02 AM PDT by kjam22 (my music video "If My People" at https://www.youtube.com/watch?v=74b20RjILy4)
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To: All

AAPL down about 20% in the last three weeks


58 posted on 08/24/2015 7:13:34 AM PDT by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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To: C19fan

Huge buying frenzy; some up $2+. My ticker is hitting daily high after high. Am watching. May be some short term profit taking. It could go either way now.


59 posted on 08/24/2015 7:14:51 AM PDT by Aliska
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To: C19fan

60 posted on 08/24/2015 7:14:52 AM PDT by Lazamataz (Ok. We won't call them 'Anchor Babies'. From now on, we shall call them 'Fetal Grappling Hooks'.)
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