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Old 02-05-2018, 06:44 PM
 
Location: Columbia, SC
37,174 posts, read 19,200,869 times
Reputation: 14898

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Quote:
Originally Posted by t206 View Post
Funny how people get so cranky about having actual facts provided to them.
Cranky? I was wishing you well, since you seem to think the last week has been an anomaly. Are you buying tomorrow, or not?
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Old 02-05-2018, 06:45 PM
 
Location: Florida
76,971 posts, read 47,629,107 times
Reputation: 14806
Quote:
Originally Posted by Oakformonday View Post
You are looking at the data for 12/18/2014 when the Dow closed up 2.43%. Today, 02/05/2018, the Dow dropped 1,1175. The number one drop. Very important distinction.
I meant the max drop today was well over 5%, or about 1600 points. It recovered some from there, but point wise the closing numbers are still the worst on record.
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Old 02-05-2018, 06:47 PM
 
12,772 posts, read 7,977,382 times
Reputation: 4332
Quote:
Originally Posted by cuebald View Post
Cranky? I was wishing you well, since you seem to think the last week has been an anomaly. Are you buying tomorrow, or not?
Never said that, those are your words. I dollar cost average for the most part.
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Old 02-05-2018, 06:49 PM
 
Location: Columbia, SC
37,174 posts, read 19,200,869 times
Reputation: 14898
Today has caused some ripples in other markets. Australia is down 2.5% right now, and the Nikkei is down nearly 5%. The Hang Seng is down 3.2%. All of these exchanges still have a long day of trading ahead of them. If they don't pull up, we may see another blooodbath here tomorrow.
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Old 02-05-2018, 06:53 PM
 
12,772 posts, read 7,977,382 times
Reputation: 4332
Quote:
Originally Posted by Finn_Jarber View Post
I meant the max drop today was well over 5%, or about 1600 points. It recovered some from there, but point wise the closing numbers are still the worst on record.
You can say you were wrong, we all make mistakes. What you posted with that chart was a simple mistake and even 5% still doesnt even crack that list of top 20 worst days, raw points don't matter. One of the biggest crashes in history was "Black Tuesday", October 29, 1929 when the Dow dropped a whopping 30 points...points don't matter.
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Old 02-05-2018, 06:55 PM
 
Location: Staten Island, NY
3,614 posts, read 1,736,140 times
Reputation: 2740
Quote:
Originally Posted by Immerse View Post
https://www.marketwatch.com/story/th...ars-2018-02-02

Why is Fox News not talking about it or Trumpians?

Every single time the stock reached some major milestone up, they were crediting Trump immediately.

Biggest weekly loss in 9 years? Silence!
I was too busy buying with two hands when we hit the 1500 point loss and didn't have a free hand to type. My ONLY regret is that I didn't switch my Roth IRA the vix fund over the weekend. We are at or very close to the correction that was needed. We did hit the 10% mark today which is usually the bottom or close to the bottom. It wouldn't surprise me if we have a turn around Tuesday and remain flat the rest of the week. Next week is Chinese New Year and other Asian holidays are celebrated around this time of year so Asia markets will be quiet. I expect that the bond markets will level off by the end of the month too and once that happens we will get a better picture of what Powell want's to do with further unwinding of the Feds debt. I would have liked it if Trump had made a flippant comment about how markets go up and down just to quiet the detractors like the OP who don't know much about how markets work.
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Old 02-05-2018, 06:56 PM
 
Location: Florida
76,971 posts, read 47,629,107 times
Reputation: 14806
Quote:
Originally Posted by cuebald View Post
Cranky? I was wishing you well, since you seem to think the last week has been an anomaly. Are you buying tomorrow, or not?
Putting your money where you mouth is can be a hard thing to do.
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Old 02-05-2018, 06:59 PM
 
20,187 posts, read 23,855,247 times
Reputation: 9283
Quote:
Originally Posted by Finn_Jarber View Post
Putting your money where you mouth is can be a hard thing to do.
Are you going to leave the market since Trump is going to be president for a long time... care to put your money where your mouth is?
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Old 02-05-2018, 07:00 PM
 
3,346 posts, read 1,268,641 times
Reputation: 3173
Where is everybody, they all waiting for Sean Hannity to give them their talking points on this?
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Old 02-05-2018, 07:01 PM
 
12,772 posts, read 7,977,382 times
Reputation: 4332
Quote:
Originally Posted by Finn_Jarber View Post
Putting your money where you mouth is can be a hard thing to do.
I already said I dollar cost average, and I certainly am not going to be told how to invest by someone who doesn't understand math and/or how percentages work.
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