Just thought it was time to revive this thread. Dow is at 22,296. This is more than 3 times it's value in 2009. I think we are heading towards a yuge plunge.
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Just thought it was time to revive this thread. Dow is at 22,296. This is more than 3 times it's value in 2009. I think we are heading towards a yuge plunge.
Wont happen, are you still long in stocks? I used to be huge in them and no one I know is into them at all now. Used to make a decent living but that turned into a mega loss. Should have just kept it in a bank at zero interest.Quote:
Originally Posted by Neuro
Not long in anything investment grade the last 15 years. Perhaps you know the wrong people? Or perhaps the entire market is made up of Warren Buffet, Chinese hedge funds, the PPT, and Goldman Sachs high frequency trading bots. If that is the case.... Then when the oracle of Omaha decides to sell the entire stock market will seize to be in microseconds . ;DQuote:
Originally Posted by Cebu_4_2
Definitely though, 1000.00% an algo is holding this market up...buying everything in site, can only think of 1 entity that has that kind of $$
Quote:
Originally Posted by Neuro
Yep that's exactly it, how did you know?
Just a hunch...Quote:
Originally Posted by Cebu_4_2
Oh yeah, i heard the Fed had a meeting.....
https://pbs.twimg.com/media/DKqnX3wVYAElFjR.jpg
PPT having a bad day? Dow plunges 1,175 points in wild trading session, S&P 500 goes negative for 2018
"This sell-off, in the bigger scheme of things, is not that big......says one strategist."
https://www.cnbc.com/2018/02/04/us-s...s-futures.html
So, relax and let's pretend everything is ok, the sell off is "NOT THAT BIG" (meaning, it's going to get bigger) LOL
More 'corrections' in the future. They can blame Trump again but I think the big cards are starting to fall.Quote:
Originally Posted by StreetsOfGold
Biggest drop in the Dow since 2011. What do y'all think? Is this the start of the big collapse, or just a bad trading day?Quote:
Originally Posted by StreetsOfGold