PhatMack19 Posted February 5, 2018 Report Posted February 5, 2018 Step away from the ledge. Bad last 2 days on Wall Street 77 1 Quote
PhatMack19 Posted February 5, 2018 Author Report Posted February 5, 2018 Largest point drop in history in 1 day. Percentage wise not close. Quote
PhatMack19 Posted February 5, 2018 Author Report Posted February 5, 2018 Market closed Down 1175 about 4.62% Quote
stevenash Posted February 5, 2018 Report Posted February 5, 2018 This was one of the longest periods in history ( over 400 trading days) that there has not been a 5% correction. Trump took office with Dow at 18.000. Use todays close and do the math. A very good return Quote
baddog Posted February 6, 2018 Report Posted February 6, 2018 Dow Swings 1,000 Points, Finishes 2.3% Higher - The Wall Street Journal This is the hidden content, please Sign In or Sign Up 77 1 Quote
Reagan Posted February 7, 2018 Report Posted February 7, 2018 Not saying this is what totally caused it but Janet Yellon's statement concerning future inflation did have an effect on the market. Some are thinking that this was intentional because Trump didn't re-appoint her. Quote
Ty Cobb Posted February 7, 2018 Report Posted February 7, 2018 What is typically the cause of the Dow going up or down? What makes it move? Quote
stevenash Posted February 7, 2018 Report Posted February 7, 2018 I believe that in this case, it was mostly attributable to programmed algorithmic trading where machines are basically making a buy/sell decision based upon a complex set of numbers/calculations and when it gains a little momentum in one direction, it tends to feed on itself. This was way overdue. I believe this is one of the longest periods on record without a 5% correction/decline taking place. Quote
PhatMack19 Posted February 8, 2018 Author Report Posted February 8, 2018 Dow crashing again. It’s been a rough week. Quote
stevenash Posted February 9, 2018 Report Posted February 9, 2018 IN terms of percentages, there is nothing unique about this one. Quote
baddog Posted February 15, 2018 Report Posted February 15, 2018 I never panicked. I have recovered about 30% of what I lost during the decline. Things will be ok. I look at it this way.....I had way more than I was expecting anyway. It was a fun ride and now it will find normalcy. Quote
stevenash Posted February 15, 2018 Report Posted February 15, 2018 Half of the decline has been recovered and more to come. Markets have come so far, so fast that an event like this was to be expected. Today will be the fifth straight positive day for the markets. Quote
Whoa Posted February 15, 2018 Report Posted February 15, 2018 On 2/9/2018 at 7:38 PM, stevenash said: IN terms of percentages, there is nothing unique about this one. 2004 lost about 1/2 recovered by about 2010. I am up as of yesterday from the bad days last week or so. Don't sell don't lose kinda mind set Up 306.95 today Quote
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