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Redwingtom Offline
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Post: #1
DOW
Now currently down over 1,000 points today. Over 4%. Wow.
02-05-2018 03:20 PM
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cb4029 Offline
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Post: #2
RE: DOW
The Trump market had one of the worse weeks in history last week.
02-05-2018 03:23 PM
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arkstfan Away
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Post: #3
RE: DOW
Now only down 833 for the day.
Down 2000+ since Jan 26.

Market was over-heated. Still plenty of room left before I get nervous.
02-05-2018 03:26 PM
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BobcatEngineer Offline
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Post: #4
RE: DOW
Wow. It bounced back up to 24,660 (-860), but wow...
02-05-2018 03:26 PM
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Redwingtom Offline
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RE: DOW
(02-05-2018 03:26 PM)arkstfan Wrote:  Now only down 833 for the day.
Down 2000+ since Jan 26.

Market was over-heated. Still plenty of room left before I get nervous.

Yup. If you're not a day trader, this shouldn't send you to the ledge.
02-05-2018 03:27 PM
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UofMTigerTim Offline
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Post: #6
RE: DOW
Trump wants to own it going up he has to own it going down.

Just saying.
02-05-2018 03:27 PM
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CardFan1 Offline
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Post: #7
RE: DOW
Went down 1600, bouncing back 823 now. Still WAY up over Jan.2017.now 780
02-05-2018 03:28 PM
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hoopfan Offline
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RE: DOW
hells yeah! cheer the ebbs and ignore the peaks!
02-05-2018 03:28 PM
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UofMstateU Offline
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Post: #9
RE: DOW
It is rocketing back up. Looks like some bigwigs computer went into sell mode, caused a minor crash, and everyone is jumping back in. Its up like 900 points in 15 minutes.
02-05-2018 03:30 PM
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UTSAMarineVet09 Offline
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Post: #10
RE: DOW
you cant have a peak without a valley. As long as it keeps going up overall, I am ok.
02-05-2018 03:32 PM
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Attackcoog Online
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Post: #11
RE: DOW
(02-05-2018 03:26 PM)arkstfan Wrote:  Now only down 833 for the day.
Down 2000+ since Jan 26.

Market was over-heated. Still plenty of room left before I get nervous.

Yup. Once the market went parabolic, it was just a matter of time before this happened.

That said---there are two things at work here. One, the Fed is slowly scaling back its liquidity. Second, if interest rates actually continue to rise, then the market will no longer be THE ONLY option available that offers an acceptable return. Right now, though clearly overvalued--money continued to flow into stocks because bonds offered virtually no return. If bond returns rise enough to be seen as a viable safe alternative, then stocks have a ways to fall before they stabilize.

Frankly, I think stock valuations are so inflated that a dollar placed in bonds today outperforms a dollar placed in stocks today over the next 10 years.
(This post was last modified: 02-05-2018 03:39 PM by Attackcoog.)
02-05-2018 03:32 PM
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rath v2.0 Offline
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RE: DOW
(02-05-2018 03:30 PM)UofMstateU Wrote:  It is rocketing back up. Looks like some bigwigs computer went into sell mode, caused a minor crash, and everyone is jumping back in. Its up like 900 points in 15 minutes.

The resident liberals are likely saddened.
02-05-2018 03:34 PM
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Redwingtom Offline
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Post: #13
RE: DOW
I guess the bottom line in all this is that the Dow still does not equal the economy.
02-05-2018 03:35 PM
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Redwingtom Offline
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Post: #14
RE: DOW
(02-05-2018 03:34 PM)rath v2.0 Wrote:  
(02-05-2018 03:30 PM)UofMstateU Wrote:  It is rocketing back up. Looks like some bigwigs computer went into sell mode, caused a minor crash, and everyone is jumping back in. Its up like 900 points in 15 minutes.

The resident liberals are likely saddened.

Wrong. Nice try. It's what the market is and what it does. Nothing more.
02-05-2018 03:36 PM
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UofMstateU Offline
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Post: #15
RE: DOW
(02-05-2018 03:35 PM)Redwingtom Wrote:  I guess the bottom line in all this is that the Dow still does not equal the economy.

You're wiping out the last positive thing you could have said about the Obama presidency. Congrats!
02-05-2018 03:37 PM
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Redwingtom Offline
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Post: #16
RE: DOW
(02-05-2018 03:37 PM)UofMstateU Wrote:  
(02-05-2018 03:35 PM)Redwingtom Wrote:  I guess the bottom line in all this is that the Dow still does not equal the economy.

You're wiping out the last positive thing you could have said about the Obama presidency. Congrats!

Nah, trump did that when 2017 job growth was less than 2016. Sorry.
02-05-2018 03:40 PM
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Redwingtom Offline
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Post: #17
RE: DOW
Down 1,000 again.
02-05-2018 03:40 PM
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GeorgeBorkFan Offline
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Post: #18
RE: DOW
(02-05-2018 03:23 PM)cb4029 Wrote:  The Trump market had one of the worse weeks in history last week.

Uh no.
02-05-2018 03:41 PM
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Machiavelli Offline
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Post: #19
RE: DOW
It was 1500!!!!!!!
02-05-2018 03:41 PM
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Attackcoog Online
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Post: #20
RE: DOW
(02-05-2018 03:40 PM)Redwingtom Wrote:  Down 1,000 again.

Yup. The other concern is margin. Big moves can trigger margin calls that create more selling.
02-05-2018 03:42 PM
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