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The Dow Jones has fallen 1600 points, 6%, in just 5 days. (Original Post) DetlefK Feb 2020 OP
Do we get to shoot him out of a cannon twice? C_U_L8R Feb 2020 #1
That's a FAKE tweet. Check Snopes Roland99 Feb 2020 #3
Read my disclaimer C_U_L8R Feb 2020 #4
lol dewsgirl Feb 2020 #5
Ah missed that. And you're correct on the except part!! Roland99 Feb 2020 #6
Yeah it was tiny type at the bottom :-) C_U_L8R Feb 2020 #7
Damn! It was his lousy spelling that had me going for it!! Bengus81 Feb 2020 #10
Which isn't even in the top 20 for one day % drops Roland99 Feb 2020 #2
Yesterday was #3 in largest daily point drops in Dow Jones history IronLionZion Feb 2020 #13
I had a MAGAt recently tell me Trump was better as markets were up a higher # of pts vs Obama Roland99 Feb 2020 #15
I love telling them to invest in coal and steel and retail IronLionZion Feb 2020 #19
Oh Bazinga! Roland99 Feb 2020 #21
I love that response. llmart Feb 2020 #32
These stock market comments are always posted when it goes down. former9thward Feb 2020 #8
I goes up slowly but goes down fast. IronLionZion Feb 2020 #9
Pffft..1600 points in two trading sessions (Markets still open) is not just "going down" Bengus81 Feb 2020 #11
If you think it is a big deal you should not be in the market. former9thward Feb 2020 #16
Message auto-removed Name removed Feb 2020 #33
Let's hear it for my people up top greenjar_01 Feb 2020 #22
HAHA. Good ol Jim Cramer doesn't even beat the S&P. Flaleftist Feb 2020 #28
Not so sure Cramer didn't make most of his money shorting insead of being long. Bengus81 Feb 2020 #38
Shorting the stocks he told people to buy? Flaleftist Feb 2020 #39
Yup...it was all just a "healthy correction" under Dubya in 2008. Right...... Bengus81 Feb 2020 #37
It's a big deal, but not untypical of how the stock market falls ooky Feb 2020 #23
Not a very accurate statement. LanternWaste Feb 2020 #12
Tautological Nonsense ProfessorGAC Feb 2020 #34
Life comes at you fast greenjar_01 Mar 2020 #40
Does it? former9thward Mar 2020 #41
Time to look for done buying opportunities Loki Liesmith Feb 2020 #14
−622.33 right now n/t malaise Feb 2020 #17
Today is a great day to buy Johonny Feb 2020 #24
Just wait until next week! Flaleftist Feb 2020 #30
I'll be worried if it drops more than the expected 15% correction Fiendish Thingy Feb 2020 #18
People might be open to a little socialism IronLionZion Feb 2020 #20
Down 700 now Johnny2X2X Feb 2020 #25
YEP Cosmocat Feb 2020 #35
What goes up must come down. Let's hope it's now rather than after November 3 Hassler Feb 2020 #26
tRump's got a handle on it. Prosper Feb 2020 #27
Down 829 right now. nt leftyladyfrommo Feb 2020 #29
Down -920 now.... spanone Feb 2020 #31
Tired of winning yet? Yo_Mama_Been_Loggin Feb 2020 #36

C_U_L8R

(45,020 posts)
4. Read my disclaimer
Tue Feb 25, 2020, 02:05 PM
Feb 2020

Of course it's a joke... except the shooting out of a cannon part. That we'd all like to see.

C_U_L8R

(45,020 posts)
7. Yeah it was tiny type at the bottom :-)
Tue Feb 25, 2020, 02:13 PM
Feb 2020

And it's hilarious that everyone believes idiot Trump would say "Dow Joans"

Roland99

(53,342 posts)
2. Which isn't even in the top 20 for one day % drops
Tue Feb 25, 2020, 02:04 PM
Feb 2020

If it dips below 10%, expect computer-based trades to exacerbate it into a correction.

IronLionZion

(45,523 posts)
13. Yesterday was #3 in largest daily point drops in Dow Jones history
Tue Feb 25, 2020, 02:31 PM
Feb 2020
https://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_Dow_Jones_Industrial_Average

We would have to go back to 1987 and then 1929 for % drops.

I just like knowing that Trump is probably flipping out over this.

Roland99

(53,342 posts)
15. I had a MAGAt recently tell me Trump was better as markets were up a higher # of pts vs Obama
Tue Feb 25, 2020, 02:39 PM
Feb 2020

I told him go ahead and invest at a lower yielding product. I prefer having money make more money when possible

IronLionZion

(45,523 posts)
19. I love telling them to invest in coal and steel and retail
Tue Feb 25, 2020, 02:50 PM
Feb 2020

since Trump is saving so many American jobs and making those industries great again

llmart

(15,552 posts)
32. I love that response.
Tue Feb 25, 2020, 03:48 PM
Feb 2020

Think I'll use that next time I run across someone who thinks he's been good for the economy.

Bengus81

(6,932 posts)
11. Pffft..1600 points in two trading sessions (Markets still open) is not just "going down"
Tue Feb 25, 2020, 02:29 PM
Feb 2020

No...if we posted each time Trumps roller coaster went up 300 points and then down 250 two days later there would be no room for anything else. But....1600 points--so far is a DAMN big deal.

former9thward

(32,071 posts)
16. If you think it is a big deal you should not be in the market.
Tue Feb 25, 2020, 02:41 PM
Feb 2020

I do long term investing in the market. Hysteria about a virus does not bother me. The fundamentals of the market are good.

Response to former9thward (Reply #16)

Bengus81

(6,932 posts)
37. Yup...it was all just a "healthy correction" under Dubya in 2008. Right......
Tue Feb 25, 2020, 05:28 PM
Feb 2020

Right up until the markets tanked day after day after day and then the entire economy crashed along with the markets. Probably same things were being said in May/June 1929.

In these last two days the DOW has been rolled back to 10/31/19....yeah Halloween.

ooky

(8,928 posts)
23. It's a big deal, but not untypical of how the stock market falls
Tue Feb 25, 2020, 03:04 PM
Feb 2020

when it takes a dive, which is at a must faster rate over a short time period than the more traditional rate of recovery.

The real news is going to come when it finally keeps on falling and doesn't come back for a couple of years or so, when more people are going to regret not cashing out during the peak times.

Could it be some investors are starting to worry about the potential that their Trump era gains that defied normal market fundamentals could turn out to be fool's gold as the market adjusts to a serious Bernie Sanders presidential run?

 

LanternWaste

(37,748 posts)
12. Not a very accurate statement.
Tue Feb 25, 2020, 02:29 PM
Feb 2020

But I get it... t-shirts need something on them other than a mere logo.

Nice work! (avoid comic-sans)

Fiendish Thingy

(15,652 posts)
18. I'll be worried if it drops more than the expected 15% correction
Tue Feb 25, 2020, 02:47 PM
Feb 2020

But anything that damages Trump’s re-election chances can’t be all bad...

Johnny2X2X

(19,112 posts)
25. Down 700 now
Tue Feb 25, 2020, 03:06 PM
Feb 2020

This is 2000 points in 3 days. Market was due for a correction, the global economy is heading into a recession, Coronavirus is just a catalyst, the weakened middle class is the fuel.

Cosmocat

(14,571 posts)
35. YEP
Tue Feb 25, 2020, 04:32 PM
Feb 2020

the market has been WAY, WAY over its head, the sugar high for 45, and then what they always do, try to keep it from drawing back to help an R's reelection.

Prosper

(761 posts)
27. tRump's got a handle on it.
Tue Feb 25, 2020, 03:23 PM
Feb 2020


Trump said the stock market is 'starting to look very good' after the Dow plunged over 1,000 points
Latest Discussions»General Discussion»The Dow Jones has fallen ...