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Started By
Message
10 largest daily point drops in Dow Jones history:
Posted on 8/14/19 at 5:28 pm
Posted on 8/14/19 at 5:28 pm
Feb 5 2018: -1,175.21
Feb 8 2018: -1,032.89
Oct 10 2018: -831.83
Today: -800.49
Dec 4 2018: -799.36
Sep 29 2008: -777.68
Aug 5 2019: -767.27
Oct 15 2008: -733.08
Mar 22 2018: -724.42
Sep 17 2001: -684.81
Eventually the market will say, aiit im out
Feb 8 2018: -1,032.89
Oct 10 2018: -831.83
Today: -800.49
Dec 4 2018: -799.36
Sep 29 2008: -777.68
Aug 5 2019: -767.27
Oct 15 2008: -733.08
Mar 22 2018: -724.42
Sep 17 2001: -684.81
Eventually the market will say, aiit im out
Posted on 8/14/19 at 5:29 pm to agregime1
point drop doesnt matter
Give me percentages
Give me percentages
Posted on 8/14/19 at 5:29 pm to agregime1
The biggest percentage declines would be better. It's all relative to the level of the market
Posted on 8/14/19 at 5:29 pm to agregime1
If only we had a democratic socialist president to seize wealth, we'd never have to worry about this kind of thing.
Posted on 8/14/19 at 5:31 pm to agregime1
All of those largest daily point drops happened when Bush or Trump were in office. Coincidence? I think not.
Posted on 8/14/19 at 5:32 pm to Cosmo
Yeah a 3% daily drop isn't all that dramatic in the history of the Dow.
Posted on 8/14/19 at 5:33 pm to agregime1
Since the Dow is so high and higher than it’s ever been bigger drops will happen. The percentage matters more.
Also every time these big drops happened in 2018 or 2019 it’s gone up bigly the next day and reached new record highs.
Also every time these big drops happened in 2018 or 2019 it’s gone up bigly the next day and reached new record highs.
This post was edited on 8/14/19 at 5:34 pm
Posted on 8/14/19 at 5:33 pm to agregime1
I think the market was down 3-5% today but the initial crash during the Great Depression was a 25% drop.
Posted on 8/14/19 at 5:34 pm to Bench McElroy
quote:
All of those largest daily point drops happened when Bush or Trump were in office. Coincidence? I think not.
Are you thinking Trump is going to take responsibility for something that's bad or negative? If so, you're going to be waiting a while. That's not the script. It's "good = take credit no matter your involvement or lack thereof; bad = blame someone or something else despite your level of involvement"
Posted on 8/14/19 at 5:35 pm to Chucktown_Badger
quote:
Are you thinking Trump is going to take responsibility for something that's bad or negative? If so, you're going to be waiting a while. That's not the script. It's "good = take credit no matter your involvement or lack thereof; bad = blame someone or something else despite your level of involvement"
Today's declines are more because of overseas economies(China, Germany) being down, but yes please find a way to blame Trump for this
Posted on 8/14/19 at 5:35 pm to Chucktown_Badger
quote:
Chitown_Badger
This thread has been visited by someone from Chicago. 8 posters will die and 42 posters will be injured by gunfire before it’s over.
Posted on 8/14/19 at 5:35 pm to Chucktown_Badger
Regardless, the market goes up, it goes down. shite, the most money I ever made in the market was off maybe $5k I threw in there after the housing crisis and bank stocks were absurdly low. At that point it was either 1) make good money when the market normalized and things got back to where they should have been or 2) a complete financial collapse.
I figured 1 was the very likely outcome.
I figured 1 was the very likely outcome.
Posted on 8/14/19 at 5:36 pm to The Boat
quote:
8 posters will die and 42 posters will be injured by gunfire before it’s over.
You do know Baton Rouge and New Orleans are more dangerous than Chicago, yes?
Posted on 8/14/19 at 5:37 pm to airlinehwypanhandler
quote:
Today's declines are more because of overseas economies(China, Germany) being down,
Today as in August 14th, 2019? Nah, today is because of the overhyped yield curve inversion.
Posted on 8/14/19 at 5:37 pm to Chucktown_Badger
This board is based in Houston.
Posted on 8/14/19 at 5:38 pm to The Boat
quote:
This board is based in Houston.
Well, it's not fair to compare anything to Houston. I've heard it's the greatest city in the country.
Posted on 8/14/19 at 5:41 pm to agregime1
Yeahhhhh....was it earlier this year or last year or maybe both years when the Dow Jones set records for how many consecutively high record days it had? So a drop of 800 or hell even a thousand points ain’t that big of a deal.
You trying to claim that the economy isn’t booming right now is fricking laughable.
Anything to take a shot at the Orange Man though.
You trying to claim that the economy isn’t booming right now is fricking laughable.
Anything to take a shot at the Orange Man though.
This post was edited on 8/14/19 at 5:43 pm
Posted on 8/14/19 at 5:42 pm to Bench McElroy
quote:
All of those largest daily point drops happened when Bush or Trump were in office. Coincidence? I think not.
It's not a coincidence. They are trying to ruin all the poor black people who are invested in the market
Posted on 8/14/19 at 5:45 pm to agregime1
Its one day. An opportunity for people to buy cheap, at some point in the next few days it will likely have several days in a row where it is higher than average.
With that said, I want to make it clear right now.. If the market goes up and the economy does well.. Its 100% all because of Trump..
But if the economy takes a downturn, its not at all Trump's fault. That how shite works around here.
With that said, I want to make it clear right now.. If the market goes up and the economy does well.. Its 100% all because of Trump..
But if the economy takes a downturn, its not at all Trump's fault. That how shite works around here.
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