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re: DOW crashing

Posted on 1/27/21 at 1:35 pm to
Posted by DesScorp
Alabama
Member since Sep 2017
6493 posts
Posted on 1/27/21 at 1:35 pm to
quote:

-300 today


Posted by burke985
UGANDA
Member since Aug 2011
24607 posts
Posted on 1/27/21 at 1:35 pm to
America deserves whatever fate lies ahead
Posted by aTmTexas Dillo
East Texas Lake
Member since Sep 2018
15055 posts
Posted on 1/27/21 at 1:46 pm to
A crash is 3000 points. 300 points is a correction.
Posted by how333
Member since Dec 2020
2582 posts
Posted on 1/27/21 at 1:46 pm to
chynes already have a plan for that.
Posted by Philzilla2k
Member since Oct 2017
11070 posts
Posted on 1/27/21 at 1:49 pm to
quote:

A crash is 3000 points. 300 points is a correction.

What’s 600 points?
Posted by teke184
Zachary, LA
Member since Jan 2007
95368 posts
Posted on 1/27/21 at 1:51 pm to
Bargain hunting time.
Posted by Philzilla2k
Member since Oct 2017
11070 posts
Posted on 1/27/21 at 1:54 pm to
So is 3000.
Posted by aTmTexas Dillo
East Texas Lake
Member since Sep 2018
15055 posts
Posted on 1/27/21 at 2:15 pm to
quote:

What’s 600 points?


Not a crash. I have a bunch of money in the market. I know what's what.
Posted by Y.A. Tittle
Member since Sep 2003
101390 posts
Posted on 1/27/21 at 2:16 pm to
quote:

300 points is a correction.



Not even.
Posted by omegaman66
greenwell springs
Member since Oct 2007
22777 posts
Posted on 1/27/21 at 2:16 pm to
quote:

not a crash.

barely over 1%


Crashing
Posted by aTmTexas Dillo
East Texas Lake
Member since Sep 2018
15055 posts
Posted on 1/27/21 at 2:22 pm to
quote:

Not even.


Yes, I'm wrong and you're right. A correction is 10% or 3000 points in this market. 300 to 600 points is a drop.

What the hell did anyone expect? The democrats are going to extract their pound of flesh out o the market and out of your income and anything else you can give them to give to someone else for a "better purpose".
Posted by jonnyanony
Member since Nov 2020
9939 posts
Posted on 1/27/21 at 2:24 pm to
Just for reference, DJIA dropped a higher percentage than this 27 times last year and 4 times before the pandemic.

Posted by Dawgfanman
Member since Jun 2015
22353 posts
Posted on 1/27/21 at 2:25 pm to
It’s all the hedge fund managers grabbing money for their shorts, lol
Posted by weptiger
Georgia
Member since Feb 2007
10333 posts
Posted on 1/27/21 at 2:25 pm to
quote:

What’s 600 points?

2x300......bada.......bing.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89518 posts
Posted on 1/27/21 at 2:26 pm to
Posted by jonnyanony
Member since Nov 2020
9939 posts
Posted on 1/27/21 at 2:27 pm to
anyone who thinks "the market" really cares who's in office should, you know, look at the history of the market.

it doesn't discriminate. it goes up, it goes down. rich people get richer, regular folks get a few pennies for their trouble
Posted by jonnyanony
Member since Nov 2020
9939 posts
Posted on 1/27/21 at 2:28 pm to
It's the part where it goes down that makes rich people really, really rich.

Without crashes it wouldn't be the jackpot it is.
Posted by aTmTexas Dillo
East Texas Lake
Member since Sep 2018
15055 posts
Posted on 1/27/21 at 2:29 pm to
quote:

DOW crashing

I'm not going to say it won't crash. And if it does it will be an ouch moment for me.
Posted by Archer
Murica
Member since Jan 2021
474 posts
Posted on 1/27/21 at 2:29 pm to
quote:

They never gave Trump credit for the stock market


Bet he will get credit for it if it keeps crashing under Biden
Posted by Bass Tiger
Member since Oct 2014
46058 posts
Posted on 1/27/21 at 2:33 pm to
quote:

It's the part where it goes down that makes rich people really, really rich.

Without crashes it wouldn't be the jackpot it is.



This ^^^ is in general a true statement.
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