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re: Dow down 5% in last 4 days of trading

Posted on 2/5/18 at 2:12 pm to
Posted by volinktown
Member since Apr 2017
657 posts
Posted on 2/5/18 at 2:12 pm to
OMG, 1500 now. The quickest 1500 points decline.
Posted by AmericaOverParties
Along I-10
Member since Jan 2018
403 posts
Posted on 2/5/18 at 2:12 pm to
Welp it went down over 5% just today. The market absolutely imploded in the 15 minutes after I posted this thread. Sorry to everyone and their investments.
Posted by bogart
Member since Dec 2013
1281 posts
Posted on 2/5/18 at 2:12 pm to
Ouch. Went down quick.
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 2/5/18 at 2:12 pm to
Like someone yelled "Shark" and everyone got out of the water.

I've got some $$ on the sidelines.

I smell opportunity.
Posted by AmericaOverParties
Along I-10
Member since Jan 2018
403 posts
Posted on 2/5/18 at 2:13 pm to
You were saying?
Posted by GumboPot
Member since Mar 2009
133704 posts
Posted on 2/5/18 at 2:13 pm to
Now 1100.

Wild swings.
Posted by AmericaOverParties
Along I-10
Member since Jan 2018
403 posts
Posted on 2/5/18 at 2:13 pm to
quote:

Been here for less than a week and already in tune with the pulse of these guys?


I've been reading for YEARS.
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22628 posts
Posted on 2/5/18 at 2:13 pm to
quote:

Dow down 5% in last 4 days of trading
Posted by austintigerdad
Llano County, TX
Member since Nov 2010
1884 posts
Posted on 2/5/18 at 2:13 pm to
quote:

Dude invests based on his political leanings.
Nope, I invest based on the Red Crayon principle.

Any fool who can plot a trend knows that equilibrium for the DJIA is around 18,000 - and these downward corrections always overshoot.

I suspect that the Dow could get down to around 13,000 before this is done.

Go ahead and bookmark for future ridicule or future tears.
Posted by tarzana
TX Hwy 6-- the Brazos River Valley
Member since Sep 2015
29420 posts
Posted on 2/5/18 at 2:14 pm to
Anyone who has investments in stocks needs to sell NOW. The Dow is down 1600+ today and has dropped below 24K!

Trump is looking more and more like the second coming of Hoover.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
55704 posts
Posted on 2/5/18 at 2:14 pm to
quote:

The guy I quoted.


So you're not an alter?
Posted by CptBengal
BR Baby
Member since Dec 2007
71661 posts
Posted on 2/5/18 at 2:15 pm to
quote:

Anyone who has investments in stocks needs to sell NOW. The Dow is down 1600+ today and has dropped below 24K!



the stupidity is just astounding.
Posted by loogaroo
Welsh
Member since Dec 2005
36671 posts
Posted on 2/5/18 at 2:15 pm to
quote:

Like someone yelled "Shark" and everyone got out of the water.



Tigerdroppings runs the world
Posted by GumboPot
Member since Mar 2009
133704 posts
Posted on 2/5/18 at 2:15 pm to
975 now.

925
This post was edited on 2/5/18 at 2:17 pm
Posted by Ingloriousbastard
Member since May 2015
917 posts
Posted on 2/5/18 at 2:15 pm to
You should. This thread is a case study in people who don’t understand how to invest.
Posted by 3nOut
I don't really care, Margaret
Member since Jan 2013
30810 posts
Posted on 2/5/18 at 2:15 pm to
quote:

Anyone who has investments in stocks needs to sell NOW. The Dow is down 1600+ today and has dropped below 24K!

Trump is looking more and more like the second coming of Hoover.




Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 2/5/18 at 2:16 pm to
quote:

Nope, I invest based on the Red Crayon principle. Any fool who can plot a trend knows that equilibrium for the DJIA is around 18,000 - and these downward corrections always overshoot.


OK. So, why are we talking about Trump?

quote:

I suspect that the Dow could get down to around 13,000 before this is done.


Look. Never say never with markets. But there's zero data that would imply we should expect a total of a 48% drop from it's peak.
Posted by buckeye_vol
Member since Jul 2014
35359 posts
Posted on 2/5/18 at 2:16 pm to
quote:

Anyone who has investments in stocks needs to sell NOW.
No
Posted by Navytiger74
Member since Oct 2009
50458 posts
Posted on 2/5/18 at 2:16 pm to
Deep state doing work.
Posted by Y.A. Tittle
Member since Sep 2003
107696 posts
Posted on 2/5/18 at 2:16 pm to
quote:

Anyone who has investments in stocks needs to sell NOW. The Dow is down 1600+ today and has dropped below 24K!



What's a good safe haven you can recommend?
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