Author Topic: Stocks (Read 1433705 times)

aygart · « **Reply #2860 on:** February 05, 2018, 03:42:47 PM »

Quote from: davidrotts63 on February 05, 2018, 03:38:49 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.

ChaimMoskowitz · « **Reply #2861 on:** February 05, 2018, 03:43:32 PM »

Quote from: Abelefko1 on February 05, 2018, 03:42:10 PM

https://www.newyorker.com/humor/borowitz-report/trump-considering-firing-dow-jones-industrial-average

Classic!!!

davidrotts63 · « **Reply #2862 on:** February 05, 2018, 03:44:32 PM »

Quote from: aygart on February 05, 2018, 03:42:47 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....

Ephraimh · « **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.

aygart · « **Reply #2864 on:** February 05, 2018, 03:46:42 PM »

Quote from: davidrotts63 on February 05, 2018, 03:44:32 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.

davidrotts63 · « **Reply #2865 on:** February 05, 2018, 03:48:02 PM »

Quote from: aygart on February 05, 2018, 03:46:42 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

ChaimMoskowitz · « **Reply #2866 on:** February 05, 2018, 03:48:12 PM »

Quote from: Ephraimh 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.

At what point would you say it is not healthy, 15, 20%?

aygart · « **Reply #2867 on:** February 05, 2018, 03:53:54 PM »

Quote from: davidrotts63 on February 05, 2018, 03:48:02 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

Ephraimh · « **Reply #2868 on:** February 05, 2018, 03:54:06 PM »

Quote from: ChaimMoskowitz on February 05, 2018, 03:48:12 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%

Yammer · « **Reply #2869 on:** February 05, 2018, 04:28:35 PM »

Ouch!

Yammer · « **Reply #2870 on:** February 05, 2018, 04:29:35 PM »

Quote from: davidrotts63 on February 05, 2018, 03:34:37 PM

Can I hear?

There are tons off ppl that believe that Bitcoin will go back up. It's the best time to buy ..

aygart · « **Reply #2871 on:** February 05, 2018, 07:18:06 PM »

https://twitter.com/BCAppelbaum/status/960614104552689665

Sport · « **Reply #2872 on:** February 05, 2018, 07:58:02 PM »

Quote from: ChaimMoskowitz on February 05, 2018, 03:48:12 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.

davidrotts63 · « **Reply #2873 on:** February 05, 2018, 08:00:31 PM »

Quote from: Sport on February 05, 2018, 07:58:02 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

Sport · « **Reply #2874 on:** February 05, 2018, 08:00:59 PM »

Quote from: davidrotts63 on February 05, 2018, 08:00:31 PM

I don't call that healthy

It was inflated even then.

Yammer · « **Reply #2875 on:** February 05, 2018, 08:19:32 PM »

Quote from: aygart on February 05, 2018, 07:18:06 PM

https://twitter.com/BCAppelbaum/status/960614104552689665

Yup...

Quote from: Sport on February 05, 2018, 07:58:02 PM

The market can handle at least a 25% drop. It'll bring prices back to where they were just 14 months ago.

Quote from: Sport on February 05, 2018, 08:00:59 PM

It was inflated even then.

Wiping out 1/4 of market value is ok?

Sport · « **Reply #2876 on:** February 05, 2018, 09:32:12 PM »

Quote from: Yammer on February 05, 2018, 08:19:32 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.

Yammer · « **Reply #2877 on:** February 05, 2018, 09:47:26 PM »

Quote from: Sport on February 05, 2018, 09:32:12 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.

Sport · « **Reply #2878 on:** February 05, 2018, 09:53:52 PM »

Quote from: Yammer on February 05, 2018, 09:47:26 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.

ChaimMoskowitz · « **Reply #2879 on:** February 05, 2018, 10:16:41 PM »

Quote from: Sport on February 05, 2018, 09:53:52 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?