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re: Dow down 1000 on a shortened/light trading day. Monday should be interesting.
Posted on 11/26/21 at 4:49 pm to HubbaBubba
Posted on 11/26/21 at 4:49 pm to HubbaBubba
quote:
Guess I'm invested wisely (for the moment. On a seven figure portfolio I lost only $621 today.
If you dont mind me asking what were a few of your winners?
I had 3 : Se, net and FIVN the rest tanked
2
Posted on 11/26/21 at 4:59 pm to FLObserver
DKNG and PINS were green for me today
Posted on 11/26/21 at 5:07 pm to Strannix
quote:
A decent correction woukd be 3000-5000
Always cracks me up how people don't question the legitimacy of the market screaming up 100 percent in 18 months, but when the market pulls back 2 percent their reaction is "what the heck is going on?"
The nasdaq dropped 70 percent in the ".com" crash.
Posted on 11/26/21 at 5:12 pm to Nonetheless
overall the markets are up the last few months but starting to notice a lot of 52 week lows coming in. Pull out : NVDA, MSFT, HD,Telsa and some of the bigger S&P companies and this market is not as healthy as many think.
Thinking 2022 could be the year for a big pullback. Rates rising, Consumer spending slowing with prices so high. Higher Rates and Consumer spending hitting Business then their earnings. I'm already starting to cut back on spending with prices so high on certain items can see alot of that next year. Throw in Covid still with us . YIKES!
Thinking 2022 could be the year for a big pullback. Rates rising, Consumer spending slowing with prices so high. Higher Rates and Consumer spending hitting Business then their earnings. I'm already starting to cut back on spending with prices so high on certain items can see alot of that next year. Throw in Covid still with us . YIKES!
Posted on 11/26/21 at 5:24 pm to blue horseshoes
To be fair it was at 29k before Covid
Posted on 11/26/21 at 8:43 pm to FLObserver
quote:To be honest I'm out of state visiting family and have not had time or inclination to scan through and check individual performances, just compared where I started the day and ended. Will be looking closely at it this weekend and making plans for Monday.
If you dont mind me asking what were a few of your winners?
I had 3 : Se, net and FIVN the rest tanked
Posted on 11/27/21 at 12:21 pm to blue horseshoes
quote:
Always cracks me up how people don't question the legitimacy of the market screaming up 100 percent in 18 months, but when the market pulls back 2 percent their reaction is "what the heck is going on?"
It’s gone up so fast in a short amount of time people still think the Dow dropping 1,000 points is a lot. It was a lot when it was under 20,000
Not so much now
Posted on 11/27/21 at 8:31 pm to deltaland
quote:
It’s gone up so fast in a short amount of time people still think the Dow dropping 1,000 points is a lot. It was a lot when it was under 20,000
Yea I like when there's headlines like "DOW TAKES TRIPLE DIGIT PLUNGE IN EARLY TRADING" or something like a 300 point drop is some kind of significant event.
Posted on 11/27/21 at 8:38 pm to JohnnyKilroy
No one says anything about the dow jones unless it's a down big day. We only pull out the price weighted index for sensationalism. It's kinda hilarious.
This post was edited on 11/27/21 at 9:04 pm
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