Thread: DOW Correction

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  1. #21  
    PORCUS STAPHUS ADMIN Rockntractor's Avatar
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    This was all Yellen's revenge for not getting a second term.
    Woe to those who call evil good, and good evil;
    Who substitute darkness for light and light for darkness;
    Who substitute bitter for sweet and sweet for bitter!
    21 Woe to those who are wise in their own eyes
    And clever in their own sight! Isaiah 5:20-21 NASB

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  2. #22  
    Power CUer NJCardFan's Avatar
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    It's really no big deal unless it keeps falling every day like this. It's still up thousands since Trump took office. The Dow is a funny thing and once in a while things like this happen and with the uncertainly of the interest rates this is normal. It hasn't bottomed out by any stretch(4% isn't bottoming out). People are talking about records but they're looking at raw numbers, not %. % wise it isn't even close. Black Monday in 1987 was far, far worse.
    The American Left: Where everything is politics and politics is everything.
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  3. #23  
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    Quote Originally Posted by NJCardFan View Post
    It's really no big deal unless it keeps falling every day like this. It's still up thousands since Trump took office. The Dow is a funny thing and once in a while things like this happen and with the uncertainly of the interest rates this is normal. It hasn't bottomed out by any stretch(4% isn't bottoming out). People are talking about records but they're looking at raw numbers, not %. % wise it isn't even close. Black Monday in 1987 was far, far worse.
    The raw numbers give the mainstream media license to irresponsibly make it seem more important than it is.
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  4. #24  
    eeeevil Sith Admin SarasotaRepub's Avatar
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    DOW close UP 567 today. Nice dent
    in the negatives from the last two
    trading days.
    May the FORCE be with you!
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  5. #25  
    Senior Member cadillac shark's Avatar
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    Quote Originally Posted by SarasotaRepub View Post
    DOW close UP 567 today. Nice dent
    in the negatives from the last two
    trading days.
    Yep. Too many bargains out there this morning. Buying 20 Apple shares at 10:30, you made $120-bux by 4:00.
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  6. #26  
    eeeevil Sith Admin SarasotaRepub's Avatar
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    DOW futures indicating a sharp decline
    this morning, we'll see.
    May the FORCE be with you!
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  7. #27  
    eeeevil Sith Admin SarasotaRepub's Avatar
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    Meh, it opened down 111 but now it's back
    up in the green...
    May the FORCE be with you!
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  8. #28  
    PORCUS STAPHUS ADMIN Rockntractor's Avatar
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    Quote Originally Posted by SarasotaRepub View Post
    Meh, it opened down 111 but now it's back
    up in the green...
    I'm still waiting for my copper mining stock to get back up to where it was when I bought it in 2014.
    Woe to those who call evil good, and good evil;
    Who substitute darkness for light and light for darkness;
    Who substitute bitter for sweet and sweet for bitter!
    21 Woe to those who are wise in their own eyes
    And clever in their own sight! Isaiah 5:20-21 NASB

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  9. #29  
    Ancient Fire Breather Retread's Avatar
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    Quote Originally Posted by Rockntractor View Post
    I'm still waiting for my copper mining stock to get back up to where it was when I bought it in 2014.
    Who was that? I may need to take a look at it.
    It's not how old you are, it's how you got here.
    It's been a long road and not all of it was paved.
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  10. #30  
    PORCUS STAPHUS ADMIN Rockntractor's Avatar
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    Quote Originally Posted by Retread View Post
    Who was that? I may need to take a look at it.
    COPX
    Woe to those who call evil good, and good evil;
    Who substitute darkness for light and light for darkness;
    Who substitute bitter for sweet and sweet for bitter!
    21 Woe to those who are wise in their own eyes
    And clever in their own sight! Isaiah 5:20-21 NASB

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