Predicting 7% drop in U.S. Stock Market TODAY | |
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Oldmotherhubbard
User ID: 59937141 United States 06/24/2016 03:50 PM Report Abusive Post Report Copyright Violation | Considering the Dow was up over 230 points yesterday, in reality all that has been lost in the past 48 hours is only about 350 points, DOW is having closing rally currently at 573 Yes. PPT to the rescue!!!!! lol Yep, trying to hold on above -600 Oldmotherhubbardglp (at) live.com ~mistakes are proof that you are trying~ ~be kind to unkind people, for they are the ones that need it the most~ |
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Oldmotherhubbard
User ID: 59937141 United States 06/24/2016 03:52 PM Report Abusive Post Report Copyright Violation | Considering the Dow was up over 230 points yesterday, in reality all that has been lost in the past 48 hours is only about 350 points, DOW is having closing rally currently at 573 Ytd could be wiped out easily Excuse me- actually OPEN 17,946.63 DAY RANGE 17,356.34 - 17,946.63 PREVIOUS CLOSE 18,011.07 52WK RANGE 15,370.33 - 18,167.63 1 YR RETURN -0.29% YTD RETURN 0.40% Last Edited by Oldmotherhubbard on 06/24/2016 03:56 PM Oldmotherhubbardglp (at) live.com ~mistakes are proof that you are trying~ ~be kind to unkind people, for they are the ones that need it the most~ |
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Dances With Fire
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Oldmotherhubbard
User ID: 59937141 United States 06/24/2016 04:41 PM Report Abusive Post Report Copyright Violation | [link to www.sgxniftydowfutureslive.com] 745 Oldmotherhubbardglp (at) live.com ~mistakes are proof that you are trying~ ~be kind to unkind people, for they are the ones that need it the most~ |
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Anonymous Coward User ID: 72445682 United Kingdom 06/24/2016 05:41 PM Report Abusive Post Report Copyright Violation | Based on the performance of the European stocks I hold, I'm expecting that the U.S. Stock Market will lose 7% of value today just in one day alone. Quoting: millenniumjackal The classic definition of a "stock market crash" is when the market loses 10% or more of value in a one or two day trading period. If today is as bad as it seems it will be and it continues to slump on Monday, we could meet those criteria. I'm not panicked- I'm fairly young and have the most important resource for riding something like this out: time. It will recover value, it's just a matter of when and how long. For those of you with large 401k plans that are retiring in the next 5 years, well I hope you like eating beans-n-weenies from a can. Fail |
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Anonymous Coward User ID: 56570480 United States 06/24/2016 06:48 PM Report Abusive Post Report Copyright Violation | Based on the performance of the European stocks I hold, I'm expecting that the U.S. Stock Market will lose 7% of value today just in one day alone. Quoting: millenniumjackal The classic definition of a "stock market crash" is when the market loses 10% or more of value in a one or two day trading period. If today is as bad as it seems it will be and it continues to slump on Monday, we could meet those criteria. I'm not panicked- I'm fairly young and have the most important resource for riding something like this out: time. It will recover value, it's just a matter of when and how long. For those of you with large 401k plans that are retiring in the next 5 years, well I hope you like eating beans-n-weenies from a can. OP, Haven't you noticed that no one but government employees and teachers and cops and firefighters are retiring? Everyone else has to work everyday forever. The late boomers have student loans up the wazoo from putting their kids through college and mortgages on homes that can't be sold right now, so those folks will be working forever, which is why, at their age, they're taking chance in the market. |
The Comedian :D
User ID: 38208732 United States 06/24/2016 08:26 PM Report Abusive Post Report Copyright Violation | More like cut it in half. Great time to go long right now. It's morning on Earth. Finally. Wrong. Long term is down. No, brexit was NOT priced in. Fucking inter and intra bank transactions are off the chart. Buddy on desk at jp morgan says they are shitting bricks and advising their top tier clients NOT to go long on this shit show. Says it is going to get much, much worse. Derivatives are going to go... Well, we'll see. I've been wrong before. Saint Comedian, Patron Saint of Bringing the Butthurt to Dipshits ‘There are some assholes in the world that just need to be shot.’ - General Mattis, USMC, Secretary of Defense [link to www.godlikeproductions.com] "Subterfuge and social pressure are the wheel and fire of the 21st century" - Some asshole Legal Disclaimer: All comments are intended as humor and/or fiction and not advice, and not to be confused with any event or person, living or dead. |
millenniumjackal
(OP) User ID: 32025913 United States 06/27/2016 09:36 AM Report Abusive Post Report Copyright Violation | |