Dow Jones Industrial Average Plunging Again Down 1150 in two days!

[MineralMan]

Last edited Fri Mar 23, 2018, 04:03 PM - Edit history (1)

this afternoon. For much of the day, it wobbled around the value of yesterday's close, but about 2 PM EDT, it took a deep plunge and is still going down. Right now it's down about 230 points, and the angle of the trend line is heading for about 5:00 on the clock face. If this trend continues, it could end the day much lower.

It will probably stop falling so sharply shortly, but looks like it will finish down around 300 or more by the close. That would take the market down about 1000+ over two days. Why? Because Wall Street didn't like Trump's remarks earlier this afternoon, I expect.

Hang on, folks.

[MineralMan]

1. Now down 254.

[MineralMan]

2. Down 277 at this time.

[MineralMan]

3. -286 now.

[Wellstone ruled]

4. The Dow is now in

correction territory. Overall guess is a full ten percent down draft.

Just what color ugly do we use

[MineralMan]

6. Turd Brown, I think.

Does Crayola have that color?

[Wellstone ruled]

12. Patten it and send them a E-Mail with

a new Color for their fall Back to School roll out.

[MineralMan]

5. 23,672.47 Price decrease 285.42 (1.19%)

[MrsCoffee]

7. Ratheon, Boeing, Lockheed, Northrup Grumman are all up.

[MineralMan]

9. Yeah, the military spending part of the bill.

Their shareholders like that. If it weren't for that, the drop would be bigger, I'm sure.

[MineralMan]

8. It's currently oscillating around the 23,700 line.

Up and down every few minutes, but no trend being established.

[MineralMan]

10. 23,659.21 Price decrease 298.68 (1.25%) at 3:35

Edging very close to 300 points down. I think it will probably hold at about that level to the close. Over 1000 points down in two days. Not a good sign.

[Yavin4]

11. This is what happens when you have an idiot running the country.

Really, what did everyone expect?

[MineralMan]

16. Exactly. Trump is erratic, so the market is erratic.

And there it is. If Trump goes insane, things could get worse, by a lot.

[MineralMan]

13. 23,635.23 Price decrease 322.66 (1.35%) 3:36 PM

[Brother Buzz]

14. Prop, prop, plop

[MineralMan]

15. Trend line angle since 1PM is looking like 45 degrees.

It got steeper for a while, but is steadying. Still down-trending, though.

[MineralMan]

17. 23,595.34 Price decrease 362.55 (1.51%) 3:48 PM

[MineralMan]

18. 23,588.05 Price decrease 369.84 (1.54%) 3:50 Just 10 minutes to go.

[MineralMan]

19. 23,561.59 Price decrease 396.30 (1.65%) 3:51

Dropping steeper with less than 10 minutes. Could break down 400+

If so, that will mean over 1100 points lost in two days.

[MineralMan]

20. 23,509.23 Price decrease448.66 (1.87%) 3:54 Getting closer to -2% on the day.

[MineralMan]

21. At the Close: 23,531.51 Price decrease 426.38 (1.78%) Two day loss: -1150

[MineralMan]

22. And that's it for the day.

"Sufficient unto the day is the evil thereof..."

Tomorrow's another day on Wall Street.

[blake2012]

23. Stable Genius Alert!

I stand in awe of Trump’s greatness every day. And I am indeed exhausted from all of the winning.

[MineralMan]

24. Yes, indeed. What will tomorrow bring?