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Feb 24, 2020, 09:33 AM
4 wheels move a body; 2 a soul
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Dow Opens Close to 1000 Down


That's all folks!
Feb 24, 2020, 10:15 AM
Registered User
RMSlinkers's Avatar
Go grab a corona sit back and RELAX. Make sure its not the virus.
Feb 24, 2020, 10:16 AM
Alarm Bells Softening!
Big Foot 48's Avatar
We heard... https://www.rcgroups.com/forums/show...31-Dow-futures
Feb 24, 2020, 10:39 AM
Registered User
RMSlinkers's Avatar
OK hold my beer.
Feb 24, 2020, 12:35 PM
Registered User
Last year on May 31 , 2019 the Dow was 24,815 ......it grew to over 29,000 in less than a year .....buy low and sell high . The Stock Market is a long time investment and will fluctuate . Watch out though if we get a Coranavirus scare in the USA .......or worse .
Feb 24, 2020, 06:11 PM
Equinsu Ocha
Lightnin's Avatar
Another foul fruit of globalism!
Feb 24, 2020, 06:22 PM
Alarm Bells Softening!
Big Foot 48's Avatar
What may happen tomorrow...
Quote:
Third-biggest point drop...ever

The day’s decline marks the third-biggest daily point drop for the Dow Jones Industrial Average DJIA, -3.56% in its 124-year history. The blue-chip benchmark closed 1,031.61 points, or 3.56%, lower, to end at 27,961, not far from the intraday low at 27,912.44.

Despite all the relative carnage being endured by the market, stocks have a tendency to rebound after a hit of at least 2%, Dow Jones Market Data shows.

The past 10 times that the S&P 500 index fell by as much as 3%, for example, it declined 0.27%, on average, in the next trading session. However, the average performance improved dramatically in the following week, month and year, as shown in the table below:
https://www.marketwatch.com/story/th...ard-2020-02-24
Feb 24, 2020, 08:24 PM
Don't look at me like that....
62pilot's Avatar
Boy, that didn't age well , huh ?
But then , nothing he says or tweets does.
Feb 24, 2020, 08:28 PM
Registered User
Parkk's Avatar
The USA will solve this problem too, we will prevail.
Feb 24, 2020, 10:56 PM
whiirrrrrr
srt8madness's Avatar
Quote:
Originally Posted by 62pilot
Boy, that didn't age well , huh ?
But then , nothing he says or tweets does.
I'm assuming you're just reposting fake news, and not intentionally lying.

https://www.politifact.com/factcheck...ping-called-t/

Check your sources of info. If it seems too good to be true...

It was debunked 3 weeks ago...

"As the Dow Jones plunged Feb. 5, not long after President Donald Trump boasted about the stock market gains, a fake Trump tweet surfaced in which he vowed that such a drop in the "Dow Joans" should result in the president being shot out of a cannon into the sun."
Feb 24, 2020, 11:44 PM
Bagpipes spoken here
Pipemajor's Avatar
Quote:
Originally Posted by Rocket_88
Last year on May 31 , 2019 the Dow was 24,815 ......it grew to over 29,000 in less than a year .....buy low and sell high . The Stock Market is a long time investment and will fluctuate . Watch out though if we get a Coranavirus scare in the USA .......or worse .
Actually it was 26,597 on April 25, 2019, just 5 weeks prior to that. Today marked its 3rd largest point drop in history. We have chaos in the White House, chaos in the financial markets.

MAGA!
Feb 25, 2020, 02:33 AM
Equinsu Ocha
Lightnin's Avatar
Quote:
Originally Posted by Pipemajor
Actually it was 26,597 on April 25, 2019, just 5 weeks prior to that. Today marked its 3rd largest point drop in history. We have chaos in the White House, chaos in the financial markets.

MAGA!

Pure opportunistic TDS BS.
Feb 25, 2020, 03:11 AM
Still gassin' it.
Quote:
Originally Posted by srt8madness
I'm assuming you're just reposting fake news, and not intentionally lying.

https://www.politifact.com/factcheck...ping-called-t/

Check your sources of info. If it seems too good to be true...

It was debunked 3 weeks ago...

"As the Dow Jones plunged Feb. 5, not long after President Donald Trump boasted about the stock market gains, a fake Trump tweet surfaced in which he vowed that such a drop in the "Dow Joans" should result in the president being shot out of a cannon into the sun."
I thought politifact were left wing biased hacks?
Feb 25, 2020, 07:44 AM
turn, turn, turn.
Glad to know it was debunked...thank you
Feb 25, 2020, 03:06 PM
Bagpipes spoken here
Pipemajor's Avatar
Looks like another rough session. Tues. morning opened with a bump up but everything fell apart and we're in another freefall surpassing 2% loss. I can't remember when the last time we had back-to-back sessions like this.

As I previously mentioned, some risks are opportunities so I put in an order for another buy for my IRA mutual fund. Smaller than I would have liked but I'm limited to offsetting earned wages since my retirement and that is just a P/T job these days.


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