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

[djdj]

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...

No, we strong-kneed types will stay off the couch and ride the market all the way to the bottom! Who's with me!?!

[Ken Robb]

Originally Posted by djdj

no, we strong-kneed types will stay off the couch and ride the market all the way to the bottom! Who's with me!?!

geronimo!

[Big Dan]

Who was pimping the market?
I forget.....
help

[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.

[echappist]

Originally Posted by djdj

No, we strong-kneed types will stay off the couch and ride the market all the way to the bottom! Who's with me!?!

nah, i'm about to rebalance in favor of equities when the S&P dips 10% beneath its high

but really, I have the luxury of time when i make this statement. Doubtful i'd be as bullish if i were nearing retirement.

Also, the Dow is a pretty meaningless index. Doesn't really capture the whole effect of the market and isn't even weighted by capitalization. Always use the S&P as a guide; in which case, top 20 in terms of single-day percentage loss

[ptourkin]

And Kai Ryssdal is off today. I feel cheated.

[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

[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.

[Gummee]

Originally Posted by djdj

No, we strong-kneed types will stay off the couch and ride the market all the way to the bottom! Who's with me!?!

Stocks are on sale. Buy em if you can

M

[Louis]

Originally Posted by Gummee

Stocks are on sale. Buy em if you can

Doesn't appear to be much of a discount to me.

[Tony T]

Originally Posted by Gummee

Stocks are on sale. Buy em if you can

M

If you liked today's Sale, you'll love tomorrow's.
DOW Futures indicate a 1,200 point drop at the open.

[Louis]

Originally Posted by Tony T

If you liked today's Sale, you'll love tomorrow's.
DOW Futures indicate a 1,200 point drop at the open.

If that does happen, it will certainly be irrational negativity (to invert Alan Greenspan's famous phrase).

[Tony T]

Bitcoin just fell below 6,000

[54ny77]

Just turn the chart upside down. Winning!

[Nooch]

i'm just upset I had a buy order in for aapl at a point where I thought it wouldn't get down to, and was sure hoping if it did, it would bounce right back. eh, losing money sucks, but that's the game. long term I'm sure it'll be just fine.