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Old 01-07-2016, 04:50 PM
 
17,322 posts, read 9,139,416 times
Reputation: 11772

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I guess we need to blame the Evil-Bush-Hitler-Cheney for this disastrous fall of the Dow - that's exactly what happened the last time it fell. Looks like the Legendary "Pivot to Asia" didn't work out so well.Dow off to worst January start ever as China fears grow

Dow off to worst January start ever as China fears grow |Reuters
"When you have a market that begins a year with weakness, people are sort of suspect anyway. The economy isn't moving all that well, the outlook is modest at best, and they don't want to wait for the long term. China creates more uncertainty."

The Dow Jones industrial average .DJI closed down 392.41 points, or 2.32 percent, to 16,514.1, the S&P 500 .SPX had lost 47.17 points, or 2.37 percent, to 1,943.09 and the Nasdaq Composite .IXIC had dropped 146.34 points, or 3.03 percent, to 4,689.43.

The Dow has lost 5.2 percent since the end of 2015 in the worst first four trading days since the 30-stock index's creation.


Clinton & TeamObama will continue to Pat themselves on the Back for our Economy.
Buckle your seat belts - we are in for a Bumpy Ride. Booooosh!!
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Old 01-07-2016, 04:51 PM
 
1,039 posts, read 1,148,356 times
Reputation: 817
Huge buying opportunity so front load your 401ks this year folks.
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Old 01-07-2016, 04:54 PM
 
Location: mancos
7,785 posts, read 7,990,608 times
Reputation: 6650
I got loads of deer pellets in my yard loads.Great buying opportunity!
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Old 01-07-2016, 04:54 PM
 
Location: Houston
26,979 posts, read 15,793,909 times
Reputation: 11259
Remember Black Monday in 1987. The Dow finished up for the year.
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Old 01-07-2016, 05:11 PM
 
Location: Houston
26,979 posts, read 15,793,909 times
Reputation: 11259
Max your 401k at 25. Don't be a chump and sell low.
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Old 01-07-2016, 05:11 PM
 
Location: Long Island
56,859 posts, read 25,794,328 times
Reputation: 15431
Do you just start a thread just when the DOW is down or do you also start one when it hits 18000?


What was the DOW back in Jan 2009?
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Old 01-07-2016, 05:15 PM
 
Location: Oklahoma
17,629 posts, read 13,448,531 times
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Quote:
Originally Posted by Goodnight View Post
Do you just start a thread just when the DOW is down or do you also start one when it hits 18000?


What was the DOW back in Jan 2009?
Well, if McCain or Romney had been in all this time it would be what, 30,0000 or so by now? Life would be a bowl of cherries, perfect peace in the middle east. A car elevator in every garage.
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Old 01-07-2016, 05:17 PM
 
Location: Long Island
56,859 posts, read 25,794,328 times
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Quote:
Originally Posted by eddie gein View Post
Well, if McCain or Romney had been in all this time it would be what, 30,0000 or so by now? Life would be a bowl of cherries, perfect peace in the middle east. A car elevator in every garage.
Yes the things they could have accomplished are legendary.
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Old 01-07-2016, 05:19 PM
 
13,676 posts, read 8,942,167 times
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As the late Paul Harvey used to say during such swings: "It is only those that jump off the roller coaster who get hurt".
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Old 01-07-2016, 05:33 PM
 
11,086 posts, read 8,497,471 times
Reputation: 6392
Wait til the Iranians destroy the Saudi Oil facilities.
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