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Started By
Message
re: Will the markets be back in the green on Monday?
Posted on 3/3/20 at 9:24 am to HailHailtoMichigan!
Posted on 3/3/20 at 9:24 am to HailHailtoMichigan!
Dow is green again.
Posted on 3/3/20 at 9:28 am to Janky
quote:
Dow is red again
quote:
Dow is green again.
I can only hope that there is a news alert in this thread for every single time the DJIA changes between positive and negative (daily gains) for the rest of eternity. We might need to set a refresh frequency to ensure multiple posts within a second are not needed. I would say on a minute refresh timing but am open to discussion.
This post was edited on 3/3/20 at 9:29 am
Posted on 3/3/20 at 11:01 am to yatesdog38
quote:
Boomers aka savers getting fooked.
Not this Boomer and not this time. Been thru two big down turns in the market that took years to recover.
Posted on 3/3/20 at 11:07 am to fishfighter
So you are appropriately allocated for your age?
Posted on 3/3/20 at 11:17 am to eng08
quote:idk sounds like he may have been more conservative than he should have been and missed on one hell of a bull run.
So you are appropriately allocated for your age?
Posted on 3/3/20 at 11:19 am to eng08
quote:
So you are appropriately allocated for your age?
Yes, been retired 10 years. Only 62 now.
Posted on 3/3/20 at 12:32 pm to Janky
I’m starting to think this correction has more to do with Bernie gaining lead rather than this virus. Either way, tomorrow should be pretty telling if that theory is true.
Posted on 3/3/20 at 1:15 pm to Shepherd88
The correction was due. I think the virus and its effect on people/the economy will determine how low it goes. It has the potential to be very damaging to the economy even if it's effect on human life is minimum. We need to see the virus numbers start to drop or some sort of vaccine.
Posted on 3/3/20 at 2:50 pm to Tigers4life
Holy shite, the volatility.
This thing is bouncing.
As I wrote that, it (Dow) moved another 300 pints in minutes
This thing is bouncing.
As I wrote that, it (Dow) moved another 300 pints in minutes
This post was edited on 3/3/20 at 2:55 pm
Posted on 3/3/20 at 3:06 pm to Shepherd88
quote:
I’m starting to think this correction has more to do with Bernie gaining lead rather than this virus.
You don’t believe this.
Sure does seem like an emergency rate cut by the Fed, indicates they know something that the public doesn’t. Why would the fed adjust rates because of something not nearly as bad as the flu?
"The fundamentals of the US economy remain strong. However, the coronavirus poses evolving risks to economic activity,"
Everything is fine. The economy is strong. But here’s an emergency rate cut. That’s a mixed message.
Posted on 3/3/20 at 3:12 pm to Athletix
quote:
"The fundamentals of the US economy remain strong. However, the coronavirus poses evolving risks to economic activity,"
I think this is a perfect statement to describe what they believe to be the current situation.
Posted on 3/3/20 at 3:42 pm to Janky
The market the past 7 biz days:


Posted on 3/3/20 at 3:47 pm to Athletix
Everytime I see Athletix post I tend to agree with his msg then I look over and he is downvoted to shite...you got enemies bro? Guess it's good I don't post too much !!!
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> (downvote)
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> (downvote)
Posted on 3/3/20 at 3:57 pm to Athletix
quote:
Everything is fine. The economy is strong. But here’s an emergency rate cut. That’s a mixed message.
Said another way
"we don't believe this to be an issue due to the strength of our economy. to keep people from panic selling, as well as match what our counterparts in other countries have already done, we will be temporarily reducing rates in an effort to alleviate some of this volatility"
Posted on 3/3/20 at 4:06 pm to Thib-a-doe Tiger
quote:
"we don't believe this to be an issue due to the strength of our economy. to keep people from panic selling, as well as match what our counterparts in other countries have already done, we will be temporarily reducing rates in an effort to alleviate some of this volatility"
understood.. Obviously a knee-jerk reaction, mistake.
Posted on 3/3/20 at 4:26 pm to Zilla
Def a knee jerk reaction. They can’t fix a lack of supply
Posted on 3/4/20 at 7:03 am to Athletix
quote:
I’m starting to think this correction has more to do with Bernie gaining lead rather than this virus.
You don’t believe this
Looks like I was right...
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