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Stocks hammered again at end of day. Down 535 today.

Posted on 10/11/18 at 2:05 pm
Posted by Jjdoc
Cali
Member since Mar 2016
53468 posts
Posted on 10/11/18 at 2:05 pm
Even though the 10 year yield % is down from last week.

NASDAQ enters correction territory.


Posted by jb4
Member since Apr 2013
12656 posts
Posted on 10/11/18 at 2:06 pm to
Deep state trying to get dems a W in November
This post was edited on 10/11/18 at 2:07 pm
Posted by Y.A. Tittle
Member since Sep 2003
101390 posts
Posted on 10/11/18 at 2:07 pm to
Dems be like:

Posted by 14&Counting
Eugene, OR
Member since Jul 2012
37628 posts
Posted on 10/11/18 at 2:07 pm to
Money moving into the bond market with higher rates
Posted by Muthsera
Member since Jun 2017
7319 posts
Posted on 10/11/18 at 2:07 pm to
Anyone with an ounce of foresight is buying like crazy.
Posted by bamarep
Member since Nov 2013
51806 posts
Posted on 10/11/18 at 2:08 pm to
Glad Scoop's boat survived because it doesn't look like I'll be buying one anytime soon.
Posted by TBoy
Kalamazoo
Member since Dec 2007
23707 posts
Posted on 10/11/18 at 2:08 pm to
Y’all are so completely out of touch with reality. The deep state? That’s a joke, right?
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123908 posts
Posted on 10/11/18 at 2:10 pm to
quote:

Down 535 today.
699 . . . . now at 480. Set to close down from here . . . perhaps at lows of the day.
Posted by Ingloriousbastard
Member since May 2015
917 posts
Posted on 10/11/18 at 2:11 pm to
The S&P 500 is down roughly 5% from a recent high. That isn’t correction territory.
This post was edited on 10/11/18 at 2:12 pm
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69297 posts
Posted on 10/11/18 at 2:13 pm to
You people are chicken littles

No reason to worry
Posted by TBoy
Kalamazoo
Member since Dec 2007
23707 posts
Posted on 10/11/18 at 2:17 pm to
quote:

You people are chicken littles


No shite. These kids need to chill. The overall economy is strong. Not that there aren’t troublesome issues (like the massive increase in debt spending and the elimination of regulations designed to protect against collapse) but this isn’t a crash.
This post was edited on 10/11/18 at 2:18 pm
Posted by narddogg81
Vancouver
Member since Jan 2012
19699 posts
Posted on 10/11/18 at 2:17 pm to
A correction was long, long, long overdue. Money moving to bonds as yields improve. Wait for it to bottom out and get some nice stocks on sale. Economic fundamentals are great
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 10/11/18 at 2:19 pm to
quote:

Wait for it to bottom out


Can you let us know when this happens?
Posted by Mo Jeaux
Member since Aug 2008
58733 posts
Posted on 10/11/18 at 2:20 pm to
quote:

elimination of regulations designed to protect against collapse


Posted by TBoy
Kalamazoo
Member since Dec 2007
23707 posts
Posted on 10/11/18 at 2:20 pm to
quote:

A correction was long, long, long overdue.


Yup. The tax cuts juiced the economy and delayed the natural ebb and flow. This may be a little bigger because of that, but I wouldn’t start digging a hole in the backyard to keep the money safe. We’ll be fine.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 10/11/18 at 2:21 pm to
quote:

ebb and flow


Alter alert.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123908 posts
Posted on 10/11/18 at 2:21 pm to
quote:

You people are chicken littles
Yep.

Have to say though, Trump implicating the Fed in this was pure genius. That narrative is getting parroted by some bright folks here, and on the financial networks.

Since March, the S&P has substantially outperformed world markets; outperformed to the extent international markets are a down draw. A pullback was inevitable.
Posted by OldTigahFot
Drinkin' with the rocket scientists
Member since Jan 2012
10502 posts
Posted on 10/11/18 at 2:23 pm to
Now bouncing around between 235 -300 down.
Posted by TBoy
Kalamazoo
Member since Dec 2007
23707 posts
Posted on 10/11/18 at 2:27 pm to
quote:

Alter alert.


I don’t know what that means.

But I do find it hilarious that I talk about the soundness of the American economy during a couple days of volatility and the right wing sheep of the Poli Board downvote because I don’t parrot their BS fiction that this is a “deep state” conspiracy somehow controlled by, what, democrats? Dinosaurs had larger brains.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 10/11/18 at 2:30 pm to
quote:

I don’t know what that means.


It was a joke. There is another liberal retard on here by the name of ebbandflow. I was making a joke that he was your alter.

I do believe this has a lot to do with the fed.
This post was edited on 10/11/18 at 2:31 pm
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