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

Posted on 2/27/20 at 3:29 pm to
Posted by GnashRebel
Member since May 2015
8199 posts
Posted on 2/27/20 at 3:29 pm to
quote:

Get out while you can.



This is literally the opposite of what you should do unless you really, really need your money in the very near future.
Posted by IrishTiger89
Member since May 2017
1492 posts
Posted on 2/27/20 at 3:29 pm to
Ha
Posted by back9Tiger
Mandeville, LA.
Member since Nov 2005
14201 posts
Posted on 2/27/20 at 3:30 pm to
Tells you exactly what pieces of shite they are in general. They reveille in American's pain.
Posted by Dale51
Member since Oct 2016
32378 posts
Posted on 2/27/20 at 3:30 pm to
quote:


You do understand how money works right?


Thanks Obama.
Posted by LuckyTiger
Someone's Alter
Member since Dec 2008
45434 posts
Posted on 2/27/20 at 3:30 pm to
quote:

reo45


Terrible advice.
Posted by BuckyCheese
Member since Jan 2015
50124 posts
Posted on 2/27/20 at 3:30 pm to
I think this is just a correction spurred by the kung flu hype.


I did not stay at a HIE last night however.
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 2/27/20 at 3:31 pm to
quote:

Trump seriously needs to stop using the stock market to legitimize his economic agenda


Peter Schiff, on a JRE podcast 2-3 years ago, expressed the worry that he was tying his presidency to closely to the market's performance and that a correction could tank him.

That being said, no one knew the Dem field would be such a clown show with an avowed socialist leading the pack...so who the frick knows.
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69417 posts
Posted on 2/27/20 at 3:31 pm to
redleg guy and irishtiger89, do you guys truly believe it would be fair to do that?

Under such logic, EVERY LEADER IN THE WORLD, from Boris Johnson to Morrison to trudeau, could be blamed for an economic slide
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
11846 posts
Posted on 2/27/20 at 3:31 pm to
you dont sell when it falls, you buy. (buy lo/sell high)


if you could see the future and know it was about to fall then you sell, and buy after the fall

otherwise hold where you are
Posted by TerryDawg03
The Deep South
Member since Dec 2012
15855 posts
Posted on 2/27/20 at 3:31 pm to
quote:

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


It’s 4.42%.

The 600+ point drop the first trading day after 9/11 was a bigger percentage drop than today.

Again, focus on the S&P rather than the Dow. Coincidentally, they both dropped by the same percentage, but the Dow is price weighted and doesn’t represent the market as well as S&P 500.
This post was edited on 2/27/20 at 3:36 pm
Posted by Bunyan
He/Him
Member since Oct 2016
20828 posts
Posted on 2/27/20 at 3:31 pm to
quote:


I've noticed that you fear a lot of things.

He thought Mueller's disastrous press conference was likely the "end of Trump's political career"

He is a concern troll. Chicken little
Posted by L.A.
The Mojave Desert
Member since Aug 2003
61392 posts
Posted on 2/27/20 at 3:32 pm to
quote:

Get out while you can.
Pulled out bigly on 2/13/20
Posted by LSUBadger
Member since Jan 2014
2238 posts
Posted on 2/27/20 at 3:33 pm to
China is currently reopening for business. All of our suppliers restarted this week

It’s like the fear mongering had to wait until the worst had passed?

It’s the flu. A bad version of the flu. But just the tricking flu

OP has the market and business savvy of my 93 yr old grandmother
Posted by Zach
Gizmonic Institute
Member since May 2005
112666 posts
Posted on 2/27/20 at 3:33 pm to
quote:

I fear all of the gains under Trump are about to be wiped out, and the ads run by whoever gets the Dem nomination will hammer it


Jan Hooks as The Ravishing Darla, from the planet Tapunga where men are men and women are women, and never the twain shall meet.

Capt. Space: 'We're out of pickles.'
Darla: 'We'll all be Dilled! We'll all be Dilled!'
Posted by 225bred
COYS
Member since Jun 2011
20386 posts
Posted on 2/27/20 at 3:33 pm to
frick that gets me everytime

Do you have the YouTube link to that call?
Posted by IrishTiger89
Member since May 2017
1492 posts
Posted on 2/27/20 at 3:34 pm to
Sorry I lost you. Fair to do what?
Posted by TigerWoodlands
The Woodlands
Member since Dec 2008
874 posts
Posted on 2/27/20 at 3:34 pm to
A Surprise is driving the market down, Corona Virus wasn't the Surprise

Good article saying that Corona might not be the thing spooking the markets.
Posted by Redleg Guy
Member since Nov 2012
2536 posts
Posted on 2/27/20 at 3:34 pm to
quote:

EVERY LEADER IN THE WORLD, from Boris Johnson to Morrison to trudeau, could be blamed for an economic slide

Every leader in the world is blamed for an economic slide. Is it fair? No. But it is reality.
Posted by LSURussian
Member since Feb 2005
127005 posts
Posted on 2/27/20 at 3:35 pm to
quote:

I fear all of the gains under Trump are about to be wiped out
So you think the Dow Jones is about to drop back to 18,000??
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 2/27/20 at 3:35 pm to
quote:

Do you have the YouTube link to that call?


LINK
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