stock market was up today...

[85SugarVol]

Here come the panic headlines.

CNN “Worst Day in DOW’s History”

 

[FLVOL69]

View attachment 266750

Their wrists must be killing them

 

[Rasputin_Vol]

I don't know what would have happened absent the virus, but business being hammered for several weeks is a pretty good "excuse" to sell.

If it wasn't coronavirus, it would have been some other black swan. Perfect timing to also derail a Trump victory in November...

 

[SpaceCoastVol]

WTF does a 0% interest rate even mean?

And to take that further... what is a negative interest rate?

 

[NorthDallas40]

If it wasn't coronavirus, it would have been some other black swan. Perfect timing to also derail a Trump victory in November...

Not if this ramps back down as quickly as it ramped up and our mortality rates stay low. It will rightfully be a feather in his hat for November.

If they’re gonna blame Trump for the down side they have to also give credit if we skate by relative to the rest of the world and there will be plenty shouting that message to the roof tops.

 

[SpaceCoastVol]

If it wasn't coronavirus, it would have been some other black swan. Perfect timing to also derail a Trump victory in November...

Unless the leftists get Moochelle to run as #2, it won't matter. But I'd put it on the line in Vegas that they already know that and have her getting ready.

 

[FLVOL69]

If it wasn't coronavirus, it would have been some other black swan. Perfect timing to also derail a Trump victory in November...

That’s eight months away we’ll be fine

 

[FLVOL69]

And to take that further... what is a negative interest rate?

You have the privilege of paying the bank to hold your money.

 

[1972 Grad]

You have the privilege of paying the bank to hold your money.

No problem. I lost all of mine in the stock market in 3 weeks.

 

[FLVOL69]

No problem. I lost all of mine in the stock market in 3 weeks.

It sucks however I believe it will rebound big time after this ***** over with.

 

[SpaceCoastVol]

No problem. I lost all of mine in the stock market in 3 weeks.

My 401k is now a 200.5f

 

[TheDeeble]

My 401k is now a 200.5f

I can't bring myself to look.

 

[1972 Grad]

I can't bring myself to look.

Don't.

 

[SpaceCoastVol]

Don't.

I haven't actually. That account doesn;t concern me because it will recover at some point. It is my margin account that has been obliterated. I did it to myself, but I have lost everything I made in the last 2 years.

 

[Velo Vol]

If it wasn't coronavirus, it would have been some other black swan. Perfect timing to also derail a Trump victory in November...

By whom?

 

[theFallGuy]

where is the bottom? wtf!

 

[Velo Vol]

By whom?

Wait, is this a plot by the Chinese?

 

[Hunerwadel]

If it wasn't coronavirus, it would have been some other black swan. Perfect timing to also derail a Trump victory in November...

Trump didn't make the bull market we were in nor did he break it.

 

[MontyPython]

It's kind of funny reading the Nostradamus types on here regale us about how great they are picking stocks and when it was time to jump in and out. 20/20 hindsight is perfect for the stock market, it doesn't work so well at predicting the future.

Heh. FWIW... I did call a 3K drop for today... yesterday and started the "Here comes the Recession" thread February 18th.

And yeah. I just punched myself for being a complete and utter douche.

 

[Rasputin_Vol]

Trump didn't make the bull market we were in nor did he break it.

Where did I say he did either?

 

[Rasputin_Vol]

Silver broke through the $12 floor and Pt is at $668. Highest gold to platinum ratio in history at 2.19...

 

[Hunerwadel]

Where did I say he did either?

Maybe I misunderstood. I took it to mean the market crash was going to derail Trump's campaign. I'm basically saying he won't be blamed for this crash. He will receive blame or praise for what he does between now and November. This is the first crisis of his Presidency.

 

[Rasputin_Vol]

where is the bottom? wtf!

DJIA @ 15000.

 

[headhunter15]

Odds of the economy making a comeback after this blows over...hopefully in the next few weeks/couple of months?

 

[MontyPython]

DJIA @ 15000.

You may be right. 2008 was a 57% hit. 15K would be about 50%.