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re: Dow down 700 pts

Posted on 12/7/18 at 2:47 pm to
Posted by Thib-a-doe Tiger
Member since Nov 2012
35460 posts
Posted on 12/7/18 at 2:47 pm to
quote:

Of course not but digits on a screen are only CLAIMS. The "money" is not even there. There are way too many claims for actual money to be there.



You are aware that when you buy a stock, you’re buying it from a 3rd party, and not a broker or from the underlying company (most of the time), right?

quote:

But when trillions are leaving markets in the same timeframe we will have a big problem.




If stocks are trading at attractive prices, all because boomers are cashing out, you can bet your arse someone will be there to buy them

People with dry power are licking their chops at this scenario

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