Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
28 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Anybody want to predict what the Dow will look like about 9:45 EDT tomorrow morning? (Original Post) Elwood P Dowd Mar 2020 OP
down another 2.5 percentage points nt spooky3 Mar 2020 #1
What is the maximum allowable drip before they shut it down? Tumbulu Mar 2020 #2
I am afraid you may be right..nt at140 Mar 2020 #3
Not likely unblock Mar 2020 #8
Thanks for the explanation. But it is already Tumbulu Mar 2020 #20
Applause malaise Mar 2020 #22
I knew T would win the electoral college in June 2016 Tumbulu Mar 2020 #23
Like the rest of the planet, I just want him gone malaise Mar 2020 #24
Down 2000 (+ or -). revmclaren Mar 2020 #4
Asian markets are down 3-4%. Nikkei closed some 6% down. yonder Mar 2020 #5
Hmm.... htuttle Mar 2020 #6
Thx, I needed that laugh tonight eleny Mar 2020 #16
Looks like a crash is coming Joinfortmill Mar 2020 #7
Down 700 unblock Mar 2020 #9
Dow is down 1151 at 11:28 doc03 Mar 2020 #10
4-5 percent fall, oil prices are dropping like a rock. sarcasmo Mar 2020 #11
Slightly higher than Trump's IQ? n/t customerserviceguy Mar 2020 #12
-823 GusBob Mar 2020 #13
-1 brazillion. Roland99 Mar 2020 #14
I think it will drop until they have to suspend trading SiliconValley_Dem Mar 2020 #15
Futures down over 1200 currently MoonlitKnight Mar 2020 #17
we have the stable genius and his airhead daughter Demovictory9 Mar 2020 #18
Europe markets crashing MoonlitKnight Mar 2020 #19
Do I get a prize for predicting it correctly? Tumbulu Mar 2020 #21
You get a used MAGAt red ball cap I found in the dumpster behind the Edward Jones office. Elwood P Dowd Mar 2020 #25
Haha YUCK! no thanks! That's a great reply! Tumbulu Mar 2020 #28
***DEAD CAT BOUNCE*** uponit7771 Mar 2020 #26
Fridays DOW close below 19000 StTimofEdenRoc Mar 2020 #27

unblock

(52,195 posts)
8. Not likely
Sun Mar 8, 2020, 11:30 PM
Mar 2020

At the moment s&p500 futures are down 4.5%
Still a long way away from the first level circuit breaker at 7%. The maximum 20% is extremely remote.

https://www.forbes.com/sites/simonmoore/2018/12/22/how-circuit-breakers-work-should-the-market-crash/#67a1c0174bf6

The New York Stock Exchange will pause trading after 15 minutes after a 7% decline in the value of the S&P 500 for the day, and then again for 15 minutes after a 13% decline, provided either event happens at or before 3.25pm EST. In the event of a 20% decline the market would close for the remainder of the day. From a historical perspective, these extreme thresholds are seldom hit. We have around 20 examples of one-day S&P 500 declines exceeding 7% at the close. We’ve only seen the 13% and 20% decline thresholds breached once. This happened on a single day – Black Monday in 1987. In fact, so far circuit breakers have only been used once against a broad market decline in October 1997, though the system used then was different, based on point declines, not percentages.

Tumbulu

(6,272 posts)
23. I knew T would win the electoral college in June 2016
Mon Mar 9, 2020, 11:05 AM
Mar 2020

too.

I think he will be gone by the end of May. Maybe they finally use the 25 th amendment on him? Not sure, but that’s what I think. But I can’t tell if it the hope making me come up with delirious dreams.

yonder

(9,663 posts)
5. Asian markets are down 3-4%. Nikkei closed some 6% down.
Sun Mar 8, 2020, 11:20 PM
Mar 2020

I'll bite and guess a 1200-1500 loss in the Dow tomorrow.

People have had all weekend to think about everything that is not being done with respect to CV-19.

doc03

(35,325 posts)
10. Dow is down 1151 at 11:28
Sun Mar 8, 2020, 11:38 PM
Mar 2020

I will guess about 1000 points. Trump may send out some stupid tweets and make 2000.

MoonlitKnight

(1,584 posts)
17. Futures down over 1200 currently
Mon Mar 9, 2020, 02:56 AM
Mar 2020

About 4.75%.

Oil in a free fall. Oil shale loses profitability and kills a lot of the US and Canada markets. The ripple effect will be substantial on top of the already weak economy.

We are on the verge of another 2008 financial crisis. But this time we have limited options and limited intellect to address it.

MoonlitKnight

(1,584 posts)
19. Europe markets crashing
Mon Mar 9, 2020, 04:10 AM
Mar 2020

Down 7-10% at open. Some stocks not even trading due to lack of buyers. Rates plummeting. Oil in a free fall. Most indexes in bear market territory.

UK down 8.5%
Germany down 8%

Tumbulu

(6,272 posts)
21. Do I get a prize for predicting it correctly?
Mon Mar 9, 2020, 10:10 AM
Mar 2020

Last edited Mon Mar 9, 2020, 11:05 AM - Edit history (1)

Yikes, I was right about Trump winning the electoral college and right about this.

FYI I think Trump will be gone in by the end of May.

But our suffering from his decimation of our institutions will go on for way too long.

Latest Discussions»General Discussion»Anybody want to predict w...