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Fun Fact: 1987 Black Monday crash. The Dow dropped 22.6 percent in one day.

Posted on 11/26/21 at 5:51 pm
Posted by blue horseshoes
Member since Nov 2021
254 posts
Posted on 11/26/21 at 5:51 pm
Would be like if the DOW dropped 8,100 today.

History is fun.

Posted by FinleyStreet
Member since Aug 2011
7899 posts
Posted on 11/26/21 at 5:55 pm to
If you could save your spammy bullshite for SECR, that'd be great.
Posted by blue horseshoes
Member since Nov 2021
254 posts
Posted on 11/26/21 at 6:08 pm to
quote:

If you could save your spammy bull shite for SECR, that'd be great.


Spam? Just stating a historical fact.

Knowledge is a good thing.
Knowing history is a good thing.
This post was edited on 11/26/21 at 6:11 pm
Posted by natsoundup
Simpsonville, SC, Jupiter, FL,
Member since May 2013
367 posts
Posted on 11/26/21 at 8:34 pm to
Remember it well
Posted by Twenty 49
Shreveport
Member since Jun 2014
18750 posts
Posted on 11/27/21 at 4:26 am to
I only had about $2,500 to my name at the time, and zero was in stock, so it was insignificant to me other than it taught me that the market can plunge in a hell of a hurry.
Posted by FLObserver
Jacksonville
Member since Nov 2005
14446 posts
Posted on 11/27/21 at 6:41 am to
quote:

Would be like if the DOW dropped 8,100 today.


And even that would only take it back to last year
My wife is always telling me to just buy a stock and hold it. If you buying everything at all-time highs and sitting on a bubble probably not a good idea especially in this environment. A week or two of days like yesterday and could be a bagholder real quick if you made a few bad choices.
This post was edited on 11/27/21 at 6:47 am
Posted by gpburdell
ATL
Member since Jun 2015
1421 posts
Posted on 11/27/21 at 10:14 am to
quote:

If you buying everything at all-time highs and sitting on a bubble probably not a good idea especially in this environment.


https://awealthofcommonsense.com/2014/02/worlds-worst-market-timer/
Posted by Nonetheless
Luka doncic = goat
Member since Jan 2012
33004 posts
Posted on 11/27/21 at 10:59 am to
would love to buy that dip
Posted by lynxcat
Member since Jan 2008
24139 posts
Posted on 11/27/21 at 11:58 am to
Would be painful in the short term but I would finally be able to make the major investment in a down market. I’ve missed the last two major dips (08/09, COV).
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35292 posts
Posted on 11/27/21 at 8:21 pm to
quote:

If you buying everything at all-time highs and sitting on a bubble probably not a good idea especially in this environment.


The market sits at or near it's all time high the vast majority of the time lmao
Posted by Zzyzx
Member since Nov 2018
1875 posts
Posted on 11/27/21 at 10:25 pm to
Would love for another one.

Sitting on a pile to burn in this over inflated market
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