Author Topic: Stocks  (Read 1179250 times)

Offline aygart

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Re: Stocks
« Reply #2860 on: February 05, 2018, 03:42:47 PM »
Percentage is different....
That chart is old, no?
Of course it is different, but it is what counts. A 1000 point drop now means less than a 500 point drop in 2008.

I don't think the chart is old.
Feelings don't care about your facts

Offline ChaimMoskowitz

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Offline davidrotts63

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Re: Stocks
« Reply #2862 on: February 05, 2018, 03:44:32 PM »
Of course it is different, but it is what counts. A 1000 point drop now means less than a 500 point drop in 2008.

I don't think the chart is old.
I don't see today....
(Quit) pulling out the flowers, and watering the weeds. -Peter Lynch

Offline Ephraimh

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Re: Stocks
« Reply #2863 on: February 05, 2018, 03:45:18 PM »
Something inside me is loving this free fall, it’s like draining a swamp, bleeding the heating pipes, freeing up trapped air, it was so over due, it is so healthy.

Offline aygart

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Re: Stocks
« Reply #2864 on: February 05, 2018, 03:46:42 PM »
I don't see today....
1. The market did not yet close.
2. Give them a chance. I didn't think that by old you meant updated to the minute.
Feelings don't care about your facts

Offline davidrotts63

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Re: Stocks
« Reply #2865 on: February 05, 2018, 03:48:02 PM »
1. The market did not yet close.
2. Give them a chance. I didn't think that by old you meant updated to the minute.
No I just meant, last week....
ETA: Wasn't thinking about the fact that today didn't close, it's bad enough before closing
(Quit) pulling out the flowers, and watering the weeds. -Peter Lynch

Offline ChaimMoskowitz

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Re: Stocks
« Reply #2866 on: February 05, 2018, 03:48:12 PM »
Something inside me is loving this free fall, it’s like draining a swamp, bleeding the heating pipes, freeing up trapped air, it was so over due, it is so healthy.
At what point would you say it is not healthy, 15, 20%?
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Offline aygart

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Re: Stocks
« Reply #2867 on: February 05, 2018, 03:53:54 PM »
No I just meant, last week....
ETA: Wasn't thinking about the fact that today didn't close, it's bad enough before closing

I guess is is not updated daily either. It was only Friday.

ETA I see they are missing a bunch. There is a more updated list here

https://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_Dow_Jones_Industrial_Average
Feelings don't care about your facts

Offline Ephraimh

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Re: Stocks
« Reply #2868 on: February 05, 2018, 03:54:06 PM »
At what point would you say it is not healthy, 15, 20%?
We are down now roughly 12% I’m preparing some cash now to spill in the second we reach 15%

Offline Yammer

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Re: Stocks
« Reply #2869 on: February 05, 2018, 04:28:35 PM »
Ouch!

Offline Yammer

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Re: Stocks
« Reply #2870 on: February 05, 2018, 04:29:35 PM »
Can I hear?
There are tons off ppl that believe that Bitcoin will go back up. It's the best time to buy ..

Offline aygart

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Re: Stocks
« Reply #2871 on: February 05, 2018, 07:18:06 PM »
Feelings don't care about your facts

Offline Sport

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Re: Stocks
« Reply #2872 on: February 05, 2018, 07:58:02 PM »
At what point would you say it is not healthy, 15, 20%?
The market can handle at least a 25% drop.  It'll bring prices back to where they were just 14 months ago.

Offline davidrotts63

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Re: Stocks
« Reply #2873 on: February 05, 2018, 08:00:31 PM »
The market can handle at least a 25% drop.  It'll bring prices back to where they were just 14 months ago.
I don't call that healthy
(Quit) pulling out the flowers, and watering the weeds. -Peter Lynch

Offline Sport

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Re: Stocks
« Reply #2874 on: February 05, 2018, 08:00:59 PM »
I don't call that healthy
It was inflated even then.

Offline Yammer

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Re: Stocks
« Reply #2875 on: February 05, 2018, 08:19:32 PM »
https://twitter.com/BCAppelbaum/status/960614104552689665
Yup...
The market can handle at least a 25% drop.  It'll bring prices back to where they were just 14 months ago.
It was inflated even then.
Wiping out 1/4 of market value is ok?

Offline Sport

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Re: Stocks
« Reply #2876 on: February 05, 2018, 09:32:12 PM »
Yup...Wiping out 1/4 of market value is ok?
It really depends, with stocks so overvalued, like never seen before, perhaps a bigger dip can still be viewed as just a correction. Investors  wouldn't realy be hurt  long term.

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Re: Stocks
« Reply #2877 on: February 05, 2018, 09:47:26 PM »
It really depends, with stocks so overvalued, like never seen before, perhaps a bigger dip can still be viewed as just a correction. Investors  wouldn't realy be hurt  long term.
1/4 isn't a correction.

I guess time will tell.

Offline Sport

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Re: Stocks
« Reply #2878 on: February 05, 2018, 09:53:52 PM »
1/4 isn't a correction.

I guess time will tell.
Technically, but what point do you start from, the peak? Take nflx for example, it went crazy the past few weeks, gained almost 50% if it lost 25% now its still up over the past  3 weeks.

Offline ChaimMoskowitz

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Re: Stocks
« Reply #2879 on: February 05, 2018, 10:16:41 PM »
Technically, but what point do you start from, the peak?
Yes. Where would you start from? Where have we always started from with any correction?
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