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To: SkyPilot

funny when the dow was 1000 a 500 drop was alot. in percentage. at 16000 -500 is crap. It was a mear -4% drop. if you have ever owned a stock that is just inter-day trading. the IPOs keep a stock price around 15-30 when the dow is at 16000. that is a penny stock. the crash, i think went from 2600 to 1900 i think. 500 points was a big percentage baby that’s a drop. when we get a drop of 5000 let me know. then sell out of the money puts and chomp your box of tums.


21 posted on 08/24/2015 6:18:17 PM PDT by kvanbrunt2 (civil law: commanding what is right and prohibiting what is wrong Blackstone Commentaries I p44)
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To: kvanbrunt2
when we get a drop of 5000 let me know.

That could happen between now and October.....

Or, stocks could rally. They will probably go up this week, as the article said. But the long term vital signs don't look good, and the patient seems very sick indeed.

26 posted on 08/24/2015 6:32:22 PM PDT by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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