The stock market hasn’t gained a point in 49 months

potroastV2

potroastV2

Well-Known Member
UncleBuck said:
Best economy ever folks

Believe me

Stock market looking very good to me
Click to expand...

Yeah, and the pea-brains believe him! :roll:


This week has reminded me of October 1987. I was a stock broker on the Oct 19 crash. It was called Black Monday, and the week before the market had several large declines, just like this week. Then on Black Monday it dropped another 20-something percent. So if there is another drop tomorrow (Friday) then watch out on Monday!


:mrgreen:
 
Fogdog

Fogdog

Well-Known Member
rollitup said:
Yeah, and the pea-brains believe him! :roll:


This week has reminded me of October 1987. I was a stock broker on the Oct 19 crash. It was called Black Monday, and the week before the market had several large declines, just like this week. Then on Black Monday it dropped another 20-something percent. So if there is another drop tomorrow (Friday) then watch out on Monday!


:mrgreen:
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It's all because the media and Democrats are using the "Carona" virus hoax to tank the economy for their political advantage.

Trump already said that.

Don't you read? twitter
 
TacoMac

TacoMac

Well-Known Member
But, but, but, Trump said everything was fine! The the economy was strong! That the Dow was looking great! That China had coronavirus under control!

And we all know Trump never, ever lies, right?
 
londonfog

londonfog

Well-Known Member
Some people do buy at times like this, awaiting the bounce back. I myself look into thing that will be used. Doing some 3m stocks for an offset of some lost I'm taking. My surprise though is the defense stocks taking major hits. Still I would take advantage of the slide IF you have the money to do so.
 
captainmorgan

captainmorgan

Well-Known Member
londonfog said:
Some people do buy at times like this, awaiting the bounce back. I myself look into thing that will be used. Doing some 3m stocks for an offset of some lost I'm taking. My surprise though is the defense stocks taking major hits. Still I would take advantage of the slide IF you have the money to do so.
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Might need to wait for the bounce, DOW down 980 today last I checked.
 
tangerinegreen555

tangerinegreen555

Well-Known Member
rollitup said:
Yeah, and the pea-brains believe him! :roll:


This week has reminded me of October 1987. I was a stock broker on the Oct 19 crash. It was called Black Monday, and the week before the market had several large declines, just like this week. Then on Black Monday it dropped another 20-something percent. So if there is another drop tomorrow (Friday) then watch out on Monday!


:mrgreen:
Click to expand...
Hey, I remember that. Dropped a massive (at the time) 508 points.

What I remember most though was that I called in to try to buy a couple thousand in company stock where I worked. They said on the phone it was 'frozen'

By the time it 'thawed' and I could buy it, it was back up again.

Seems like the common worker never gets in on those sweet deals, but the owners and execs all made out like crazy. They did a leveraged buyout a few years earlier, opened public stock and got rich beyond their wildest dreams, and made a ton more during that little crash in '87.

And the workers couldn't buy low. Nice, huh?
 
TacoMac

TacoMac

Well-Known Member
tangerinegreen555 said:
Hey, I remember that. Dropped a massive (at the time) 508 points.

What I remember most though was that I called in to try to buy a couple thousand in company stock where I worked. They said on the phone it was 'frozen'

By the time it 'thawed' and I could buy it, it was back up again.

Seems like the common worker never gets in on those sweet deals, but the owners and execs all made out like crazy. They did a leveraged buyout a few years earlier, opened public stock and got rich beyond their wildest dreams, and made a ton more during that little crash in '87.

And the workers couldn't buy low. Nice, huh?
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I would have reported them immediately to the SEC.
 
doublejj

doublejj

Well-Known Member
londonfog said:
Some people do buy at times like this, awaiting the bounce back. I myself look into thing that will be used. Doing some 3m stocks for an offset of some lost I'm taking. My surprise though is the defense stocks taking major hits. Still I would take advantage of the slide IF you have the money to do so.
Click to expand...
buy Tesla...... :wink:
 
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