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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
Posted by Bunta
Member since Oct 2007
12235 posts
Posted on 2/6/18 at 2:40 pm to
Up 569 right now.
Posted by SCLibertarian
Conway, South Carolina
Member since Aug 2013
35938 posts
Posted on 2/6/18 at 2:41 pm to
Wonder if ABC News will have a special report today? I doubt it.
Posted by ELVIS U
Member since Feb 2007
9920 posts
Posted on 2/6/18 at 2:42 pm to
Up 580 now
Posted by CAD703X
Liberty Island
Member since Jul 2008
77935 posts
Posted on 2/6/18 at 2:43 pm to
quote:

Up 580 now


:maga:
Posted by TBoy
Kalamazoo
Member since Dec 2007
23637 posts
Posted on 2/6/18 at 2:44 pm to
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.
Posted by rds dc
Member since Jun 2008
19803 posts
Posted on 2/6/18 at 2:44 pm to
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 by Vacherie Saint
Member since Aug 2015
39380 posts
Posted on 2/6/18 at 2:44 pm to
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 by CAD703X
Liberty Island
Member since Jul 2008
77935 posts
Posted on 2/6/18 at 2:46 pm to
do we get to see the stock market break 25,000 twice in 2 months!
Posted by PsychTiger
Member since Jul 2004
98702 posts
Posted on 2/6/18 at 2:47 pm to
Unless you are an active trader, just ignore the within day fluctuations and look at the bottom line over time.
Posted by ljhog
Lake Jackson, Tx.
Member since Apr 2009
19053 posts
Posted on 2/6/18 at 2:48 pm to
Y'all need to calm down. Tomorrow is another day. Might be a tad of resistance around 25,000.
Posted by keakar
Member since Jan 2017
29862 posts
Posted on 2/6/18 at 2:57 pm to
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 by Havoc
Member since Nov 2015
28151 posts
Posted on 2/6/18 at 2:58 pm to
Tons of doomsday articles have just been released apparently just before the rebound. Looks pretty stupid now.
Posted by keakar
Member since Jan 2017
29862 posts
Posted on 2/6/18 at 3:00 pm to
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 by Gaspergou202
Metairie, LA
Member since Jun 2016
13494 posts
Posted on 2/6/18 at 3:08 pm to
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!
Posted by jlu03
San Diego
Member since Jul 2012
3320 posts
Posted on 2/6/18 at 3:12 pm to
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 by Old Hellen Yeller
New Orleans
Member since Jan 2014
9414 posts
Posted on 2/6/18 at 3:18 pm to
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 by BlackHelicopterPilot
Top secret lab
Member since Feb 2004
52833 posts
Posted on 2/6/18 at 3:19 pm to
quote:

Someone better tell hannity and the trumpkins. They’ve already given all blame/credit for the market back to Obama.



adorable
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 2/6/18 at 3:20 pm to
quote:

Someone better tell hannity and the trumpkins. They’ve already given all blame/credit for the market back to Obama.


Posted by LSURussian
Member since Feb 2005
126937 posts
Posted on 2/6/18 at 3:28 pm to
quote:

Old Hellen Yeller


Posted by olddawg26
Member since Jan 2013
24570 posts
Posted on 2/6/18 at 3:33 pm to
Good!
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