OT - Dow plunges 1,175 - worst point decline in history

[echappist]

Originally Posted by ptourkin

And Kai Ryssdal is off today. I feel cheated.

here, hope this cheers you up

https://www.youtube.com/watch?v=ezGHapF8-lY

unfortunately, I can't find the mandolin version of the song

[oldpotatoe]

Originally Posted by adub

CNN has been announcing all afternoon "Largest Single Day Point Decline Ever"

I guess just calling it what it is in actual terms does not have such a captivating (AKA; Trump bashing) headline..

Well if trump is responsible for Dow records, so he’s also responsible for this drop...neither of which is true, of course.

[soulspinner]

Originally Posted by Ken Robb

geronimo!

Ya. it will be fine When the pres took office I knew it would take off despite my feelings about pres. Money has been free for a long time but cant be forever.

[Jaybee]

Originally Posted by ptourkin

And Kai Ryssdal is off today. I feel cheated.

"The economy is not the market, and the market is not the economy."


Amy Scott is pretty good too, though.

[Mzilliox]

well, that will affect nearly 5 percent of the population or so...

[OtayBW]

Originally Posted by adub

Ya and during the hurricanes CNN was reporting the total rainfall in Millimeters rather than inches..

The "news" is all about making things seem worse than they are, the CNN headline is a prime example.

I dont really care if they reported it in furlongs per fortnight; it's a darn sight better to me than some of the other options that I could think of...

Sent from my SM-G935V using Tapatalk

[Louis]

Originally Posted by oldpotatoe

Well if trump is responsible for Dow records, so he’s also responsible for this drop...neither of which is true, of course.

It's the Dems fault because they didn't clap for him during the State of the Union address.

[joosttx]

Originally Posted by Seramount

so, will all the weak-kneed types rush to their fainting couches and dump holdings tomorrow to add a little gasoline to the fire...?

seems like that's the usual scenario on big drops...

I hope so, I have been 20% out of the market for a month now while transitioning my portfolio to "interest rate proof*" securities ever since the tax bill was passed. Cannot wait til Trump starts a twitter war with the fed.

* obviously nothing is "proof" just less affected.

[Mzilliox]

Originally Posted by joosttx

I hope so, I have been 20% out of the market for a month now while transitioning my portfolio to "interest rate proof" securities ever since the tax bill was passed. Cannot wait til Trump starts a twitter war with the fed.

we did pretty much exactly this in late november/december. I just had this feeling a mouth or fingers would say something odd with no regard for normal people

[joosttx]

Originally Posted by Mzilliox

we did pretty much exactly this in late november/december. I just had this feeling a mouth or fingers would say something odd with no regard for normal people

Solo gravel riders get it.

[AngryScientist]

Fortunately the SRbIF* is holding rock steady; and i'm heavily invested. Actually, every tweet from Washington DC makes it raise 1 point in value.











*(Steel Rim brake Index Fund)

[fa63]

Took advantage and bought some ETFs today. We are all about dollar cost averaging, but happened to have some cash lying around so why not.

[soulspinner]

Originally Posted by Louis

It's the Dems fault because they didn't clap for him during the State of the Union address.

[Tony T]

The breaking of the 50 day MA was not a good sign.

[likebikes]

i think it's related to the super bowl yesterday rather than anything else.

we used to have a dedicated "stock market watch" thread, but too many OT posts and troll posts in it got it shut down, shame.