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Stock market just fell off a cliff... -1,193.70

Posted on 2/27/20 at 3:05 pm
Posted by reo45
Member since Nov 2015
6362 posts
Posted on 2/27/20 at 3:05 pm
And this is with the QE since last October through repo market and last year lowering interest rates and reversing course after raising them (a paltry 0.25 if a percent three times I believe) to save such a robust economy *cough*--not corona but the bullshite gets me.

Money supply has gone back up to prop up the continuing phony markets and economy since last year and now there is no more juice to provide the artificial lift.

Get out while you can.
Posted by 4LSU2
Member since Dec 2009
37366 posts
Posted on 2/27/20 at 3:06 pm to
quote:

Get out while you can.


Buy while you can.

FIFY.
Posted by Ag Zwin
Member since Mar 2016
20076 posts
Posted on 2/27/20 at 3:06 pm to
quote:

Get out while you can.

You misspelled “Buy”.

ETA: Rats. Too slow.
This post was edited on 2/27/20 at 3:07 pm
Posted by Seldom Seen
Member since Feb 2016
40660 posts
Posted on 2/27/20 at 3:06 pm to
Muh Drumpf is causing a recession!
Posted by CaTiger85
Member since Feb 2020
1394 posts
Posted on 2/27/20 at 3:07 pm to

quote:

Stock market just fell off a cliff


quote:

Get out while you can.


Interesting strategy. Sell low? You should call CNBC.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89677 posts
Posted on 2/27/20 at 3:07 pm to
TREMENDOUS BUYING OPPORTUNITY

Now's the time to pick up everything on sale, baws.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
135054 posts
Posted on 2/27/20 at 3:08 pm to
quote:

-1,193.70

Ouch
Posted by jamboybarry
Member since Feb 2011
32680 posts
Posted on 2/27/20 at 3:08 pm to
quote:

Stock market just fell off a cliff


quote:

Get out while you can


Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69417 posts
Posted on 2/27/20 at 3:08 pm to
Blame that douchebag nbc reporter Jesse Rodriguez

He totally misconstrued what Gavin newsome said
Posted by deltaland
Member since Mar 2011
91038 posts
Posted on 2/27/20 at 3:09 pm to
This is bad news for Trump in an election year if this continues.

Whether or not it’s his fault (it’s not) he will shoulder the blame. It’s the economy, stupid.,..and the economy is tanking
Posted by makinskrilla
Lafayette, LA
Member since Jun 2009
9728 posts
Posted on 2/27/20 at 3:09 pm to
quote:

Get out while you can


Eh. Not gonna panic, but yeah the market is getting slammed.
Posted by Henry Jones Jr
Member since Jun 2011
68673 posts
Posted on 2/27/20 at 3:09 pm to
quote:

Get out while you can.
Dumbest fricking advice ever
Posted by Big4SALTbro
Member since Jun 2019
15088 posts
Posted on 2/27/20 at 3:09 pm to
Wrong it’s buy while you can.
Posted by LSUGrrrl
Frisco, TX
Member since Jul 2007
33534 posts
Posted on 2/27/20 at 3:09 pm to
This is why the poor stay poor.
Posted by Redleg Guy
Member since Nov 2012
2536 posts
Posted on 2/27/20 at 3:10 pm to
It is going to drop more before it rebounds. Wait to buy.
Posted by AUin02
Member since Jan 2012
4283 posts
Posted on 2/27/20 at 3:11 pm to
QE and the repo market are not the same thing.
Posted by TBoy
Kalamazoo
Member since Dec 2007
23916 posts
Posted on 2/27/20 at 3:13 pm to
quote:

Get out while you can.


I'm glad I don't pay you for investment advice.
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
21341 posts
Posted on 2/27/20 at 3:16 pm to
It seems like the market goes up and down through time.

Selling low and buying high does not seem like sound advice though

Posted by TGFN57
Telluride
Member since Jan 2010
6975 posts
Posted on 2/27/20 at 3:27 pm to
Did anyone seriously not expect a large correction? Here it is.
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 2/27/20 at 3:28 pm to
quote:

-1,193.70


Holy shite, fricker tanked hard after my last look in around 2:30. O&G screaming down too and E&P equities getting what was left of their nuts, crushed into dust.
This post was edited on 2/27/20 at 3:32 pm
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