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Message
re: BWAHAHA Dow closes 567 points UP! sucking sound you hear is MSM stories being deleted
Posted on 2/6/18 at 2:40 pm to Ace Midnight
Posted on 2/6/18 at 2:40 pm to Ace Midnight
Up 569 right now.
Posted on 2/6/18 at 2:41 pm to CAD703X
Wonder if ABC News will have a special report today? I doubt it.
Posted on 2/6/18 at 2:44 pm to CAD703X
Tremendous volatility right now. It will take a while for the jitters to work out of the system.
Don't make the mistake of looking solely at the stock market to gauge economic health.
Don't make the mistake of looking solely at the stock market to gauge economic health.
Posted on 2/6/18 at 2:44 pm to SCLibertarian
quote:
Wonder if ABC News will have a special report today? I doubt it.
I'm sure it is ready to go and they are just waiting on closing numbers, "After Rocky Start DOW Gains Nearly a 1,000 to close +550"
Posted on 2/6/18 at 2:44 pm to SCLibertarian
quote:
Wonder if ABC News will have a special report today? I doubt it.
I doubt they'll be slapping eachother's asses on CNN this evening like they were yesterday.
Posted on 2/6/18 at 2:46 pm to Vacherie Saint
do we get to see the stock market break 25,000 twice in 2 months!
Posted on 2/6/18 at 2:47 pm to CAD703X
Unless you are an active trader, just ignore the within day fluctuations and look at the bottom line over time.
Posted on 2/6/18 at 2:48 pm to Vacherie Saint
Y'all need to calm down. Tomorrow is another day. Might be a tad of resistance around 25,000.
Posted on 2/6/18 at 2:57 pm to HailHailtoMichigan!
quote:
wtf is going on?
mainly fears on "possible" inflation from the roaring economy, and weak earnings reports are causing a routine market correction. the numbers just seem big but in terms of percentages its not even as bad as it should be for a "routine" market correction.
the MSM isnt going to be wasting any opportunity to spin anything negative as something to be blamed on trump though.
the bump today was the automatic trade triggers kicking in to automatically buy when the market corrections reach a preset percentage of drop from its highs. its SOP and they had automatic sell triggers to get out to protect profits when the correction happens, its routine sound investing 101.
in the past these things happened in the range of 500 points or so but since trump has caused the market to jump nearly 6-7k points the correction drop would be around 3-4k points down to fit the "normal" trends of market correction before it climbs higher.
long story short, the jump today signals buyers preset trade triggers are ready to start buying back in so the market should be about ready to start climbing again, but not as fast as before, that will still take a few months to allay fears it could drop again.
Posted on 2/6/18 at 2:58 pm to CAD703X
Tons of doomsday articles have just been released apparently just before the rebound. Looks pretty stupid now.
Posted on 2/6/18 at 3:00 pm to keakar
in fact i just checked and its back up 550 points now so it looks like the correction may be over at this point, if it is, its one of the most muted market corrections to date, albeit the numbers on their face look big but its measured by percentages not actual numbers
This post was edited on 2/6/18 at 3:01 pm
Posted on 2/6/18 at 3:08 pm to CAD703X
One day up or down doesn’t mean anything economically or politically.
But a +567.02 means I get to laugh at the naysayer libtards and cheer for America!
But a +567.02 means I get to laugh at the naysayer libtards and cheer for America!
Posted on 2/6/18 at 3:12 pm to Gaspergou202
And CNN still has the doomsday articles up from yesterday. Not 1 thing about a rebound today. Let’s you know where their intentions lie
Posted on 2/6/18 at 3:18 pm to CAD703X
quote:
BWAHAHA Dow was up 500 points about 30 minute ago..up 580 now!
Someone better tell hannity and the trumpkins. They’ve already given all blame/credit for the market back to Obama.
Posted on 2/6/18 at 3:19 pm to Old Hellen Yeller
quote:
Someone better tell hannity and the trumpkins. They’ve already given all blame/credit for the market back to Obama.
adorable
Posted on 2/6/18 at 3:20 pm to Old Hellen Yeller
quote:
Someone better tell hannity and the trumpkins. They’ve already given all blame/credit for the market back to Obama.
Posted on 2/6/18 at 3:28 pm to Old Hellen Yeller
quote:
Old Hellen Yeller
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