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-   -   News DOW Fell 500 Pts On Friday (https://gfy.com/showthread.php?t=1172668)

Vendot 08-24-2015 02:40 AM

DOW Fell 500 Pts On Friday
 
Judging by whats going on in China right now (9% fall), there's a high expectation of a major drop on the DOW today, that will eclipse Friday.

If you need to get a sell order in, it's too late but you can try! :1orglaugh

DISCLAIMER: Past performance is not an indication of future performance. Stocks can fall as well as rise. All stockmarkets are manipulated by the government and the PPT.

georgeyw 08-24-2015 03:21 AM

ASX took a beating today too.

ASX caught in epic Asia sell-off | afr.com

Toni 08-24-2015 03:30 AM

Looks bad!

Zuzana Designs 08-24-2015 05:13 AM

Not looking good at all.

Kafka 08-24-2015 06:19 AM

Thanks China!

PR_Phil 08-24-2015 06:36 AM

The Dow opens down nearly a thousand points, going to be a rocky day!

Goethe 08-24-2015 06:37 AM

DOW is getting smashed.

Barry-xlovecam 08-24-2015 06:39 AM

Good, I'll maybe be buying again in a week :2 cents:

I have been waiting for this shake-out. Go Donald! chump them all ...

Vendot 08-24-2015 06:41 AM

Quote:

Originally Posted by PR_Phil (Post 20559263)
The Dow opens down nearly a thousand points, going to be a rocky day!

It would be more but it hit a circuit breaker according to ZeroHedge:

http://www.zerohedge.com/news/2015-0...st-drop-lehman

1000 Pts drop - the biggest drop since Lehman is telling us something and this was coming. Finally the realization that neither China, nor the US, nor the Global Economy is growing and there's no way interest rates are going up this year.

HowlingWulf 08-24-2015 06:44 AM

Considering how much DOW has increased over the last 5 years, this should be taken in stride.

http://www.5yearcharts.com/wp-conten...w-jones-5y.png

Barry-xlovecam 08-24-2015 06:52 AM

http://quotes.ino.com/charting/histo...=15&a=50&v=d12


Cude == Short
38.36 -2.09 (-5.19%)
:thumbsup

woj 08-24-2015 07:00 AM

now is the time to buy, you can pick some real bargains today... :thumbsup

Vendot 08-24-2015 07:05 AM

Quote:

Originally Posted by woj (Post 20559280)
now is the time to buy, you can pick some real bargains today... :thumbsup

NOW?

You would have to be a fool to buy now.... there's more blood coming.

potter 08-24-2015 07:07 AM

Been looking forward to the sale stock prices.

Joshua G 08-24-2015 07:22 AM

fuck. i shorted apple at 131 in april. im am dying in disgust for closing that position, i had it timed perfect!

fuck. :mad:

Joshua G 08-24-2015 07:24 AM

Quote:

Originally Posted by Vendot (Post 20559286)
NOW?

You would have to be a fool to buy now.... there's more blood coming.

these are the days you trade. not go long for an investment. this is good times for trading.

:thumbsup

Barry-xlovecam 08-24-2015 08:22 AM

Looks to me like China farted and the world sniffed.

World Indices (WORLD) Price Charts and Quotes for Futures, Commodities, Stocks, Equities, Foreign Exchange - INO.com Markets

georgeyw 08-24-2015 04:38 PM

Quote:

Originally Posted by woj (Post 20559280)
now is the time to buy, you can pick some real bargains today... :thumbsup

Quote:

Originally Posted by Joshua G (Post 20559305)
these are the days you trade. not go long for an investment. this is good times for trading.

:thumbsup

He said pick up some bargains, which to me says long term investment which is a terrible idea as this is only the beginning :2 cents:

$5 submissions 08-24-2015 04:43 PM

To those pimps who SCOOPED up AAPL (Apple) at 92 and dumped it at 108

and bought NFLX at 86.50 and dumped 109....

I salute you!

http://i.imgur.com/e6IliI9.jpg

VOLATILITY is your friend, bros

RIDE it to PROFITS!

$5 submissions 08-24-2015 04:49 PM

Quote:

Originally Posted by Joshua G (Post 20559304)
fuck. i shorted apple at 131 in april. im am dying in disgust for closing that position, i had it timed perfect!

fuck. :mad:

Whooooweee.... imagine closing that at the intraday low of 92. That would have been FAT! :thumbsup:thumbsup

Barry-xlovecam 08-24-2015 07:02 PM

Tomorrow ...

Is is 9:56 AM Tuesday and the Shanghi Index is: 401.91 -24.69 (-11.09%)

http://quotes.ino.com/charting/intra...l&w=15&a=2&v=i

Time shown is EDT NYC time ...

Hold on to your socks ...

Vendot 08-24-2015 09:28 PM

Quote:

Originally Posted by georgeyw (Post 20559903)
He said pick up some bargains, which to me says long term investment which is a terrible idea as this is only the beginning :2 cents:

El-Erian: Stocks have a lot lower to go from here

Mobius Advises Investors Be Patient as Stocks Stabilize - Bloomberg Business

lezinterracial 08-24-2015 09:47 PM

If you look at the blue chip stocks like Disney, Dupont and Proctor & Gamble. Sure, the value of the stocks have dropped. But they are still way over priced from 2007. Higher than they have ever been before the recession.

That being said, Where do people go to get a return? Bonds and Savings pay crap interest. Dividend bearing blue chips still look good because of the dividend, But if things go real downhill - Those dividends are gonna stop.

I have no idea where to go.

Not much the Fed can do, They have kept us at zero interest rates and made that the norm. Pretty soon people are gonna start talking about another QE.

Barry-xlovecam 08-25-2015 10:22 AM

What am I looking at a "dead cat bounce?"

Shanghai is down -14+% for the day and;

The US Dollar is up the Euro is down, Europe's exchanges and the US exchanges are up ...

Hold your bets :upsidedow

$5 submissions 08-25-2015 01:06 PM

Dow posts a nasty REVERSAL today...

If China continues to slide.... it's anyone's guess

Awesome VOLATILITY though


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