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Thread: Dow, biggest drop in history

  1. #1
    3Scoreand10
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    Default Dow, biggest drop in history

    Dow dropped 1175 today.
    Glad my money is buried in the back yard.

  2. #2
    Senior Member tourist's Avatar
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    Default Re: Dow, biggest drop in history

    Quote Originally Posted by 3Scoreand10 View Post
    Dow dropped 1175 today.
    Glad my money is buried in the back yard.
    I keep my money in a coin jar.
    M & M's melt in your mouth and not in your hands.

  3. #3
    FenceMan
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    Default Re: Dow, biggest drop in history

    Well, the stock market is overdue for a correction. Better to have a correction and then continued gains than a drop which leads to an outright crash.

    I don't think there would be any good reason for a total sell-off where things stand economically at the moment...

  4. #4
    Senior Member Tommy379's Avatar
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    Default Re: Dow, biggest drop in history

    Not a big deal.
    Sent from my Verizon, Samsung Galaxy smartphone

  5. #5
    Senior Member renewed_hope's Avatar
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    Default Re: Dow, biggest drop in history

    Quote Originally Posted by 3Scoreand10 View Post
    Dow dropped 1175 today.
    Glad my money is buried in the back yard.
    And remind me again where you live? Just kidding
    I choose to honor God by inspiring people. How do you honor him?........

  6. #6
    3Scoreand10
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    Default Re: Dow, biggest drop in history

    Quote Originally Posted by renewed_hope View Post
    And remind me again where you live? Just kidding
    You would not find enough to pay for the shovel to did with or the gas to get here.
    dcontroversal and kaylagrl like this.

  7. #7
    Senior Member FlyingDove's Avatar
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    Default Re: Dow, biggest drop in history

    The Dow had the biggest point drop in a day.

    In Oct 1987 the Dow corrected/dropped 22%. Yesterday less then 5%.

    The Dow has corrected by 5% over 600 times.

  8. #8
    Senior Member longtrekker's Avatar
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    Default Re: Dow, biggest drop in history

    Quote Originally Posted by FlyingDove View Post
    The Dow had the biggest point drop in a day.

    In Oct 1987 the Dow corrected/dropped 22%. Yesterday less then 5%.

    The Dow has corrected by 5% over 600 times.

    Certainly puts it in perspective !


    Strawberry Alice: "You just beat the tar out of an innocent man!"

    Little Bill: "Innocent?! - innocent of what!"


  9. #9
    Senior Member Nehemiah6's Avatar
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    Default Re: Dow, biggest drop in history

    Quote Originally Posted by 3Scoreand10 View Post
    Dow dropped 1175 today. Glad my money is buried in the back yard.
    If you have any awareness of how the stock market is manipulated by major players, it is entirely possible that this was a nefarious move by anti-Trump forces (billionaires such as George Soros and others, and possibly China) to undermine the economy. Only the financial analysts could prove this by closely examining the recent trades, and seeing who did what. There is no such thing as coincidences, and coming on the heels of the outstanding SOTU address and the un-classification of the damaging FISA memo, I believe this was not simply a "market correction" but an attack on the Administration. The Deep State is running scared and also has been threatening Trump for quite some time.
    longtrekker and Lafftur like this.

  10. #10
    Senior Member Billyd's Avatar
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    Default Re: Dow, biggest drop in history

    It's been a fun ride, but I expect the DOW to settle in at or about 21,000 by the summer. Watch the Fed and it's attempts to control inflation.
    2 Peter 1:5 Because you have these blessings, do all you can to add to your life these things: to your faith add goodness; to your goodness add knowledge; 6 to your knowledge add self-control; to your self-control add patience; to your patience add devotion to God; 7 to your devotion add kindness toward your brothers and sisters in Christ, and to this kindness add love.

  11. #11
    Senior Member notuptome's Avatar
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    Default Re: Dow, biggest drop in history

    Quote Originally Posted by FlyingDove View Post
    The Dow had the biggest point drop in a day.

    In Oct 1987 the Dow corrected/dropped 22%. Yesterday less then 5%.

    The Dow has corrected by 5% over 600 times.
    Buy on the dips.

    No risk no reward.

    For the cause of Christ
    Roger
    The bible is a mirror not a magnifying glass
    use it to examine yourself not others.

  12. #12
    Senior Member mailmandan's Avatar
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    Default Re: Dow, biggest drop in history

    I used to divide up my retirement in the thrift savings plan at the Post Office between the S&P 500, I fund and G fund, but now I'm getting too close to retirement to be risky. I have 100% in the G fund and that's where it will remain. Lower interest return, but at least I get returns and no roller coaster ride.
    Billyd likes this.
    I'm not a bad guy. I'm just misunderstood.

    Galatians 6:14 - But God forbid that I should boast except in the cross of our Lord Jesus Christ, by whom the world has been crucified to me, and I to the world.

  13. #13
    Senior Member dcontroversal's Avatar
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    Default Re: Dow, biggest drop in history

    Quote Originally Posted by tourist View Post
    I keep my money in a coin jar.
    I just spend all mine on supplies and then it does not matter what happens to the market or the dollar
    tourist and oldethennew like this.

  14. #14
    Senior Member dcontroversal's Avatar
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    Default Re: Dow, biggest drop in history

    Quote Originally Posted by 3Scoreand10 View Post
    You would not find enough to pay for the shovel to did with or the gas to get here.
    Hilarious........cough cough

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    Default Re: Dow, biggest drop in history

    Quote Originally Posted by 3Scoreand10 View Post
    Dow dropped 1175 today.
    Glad my money is buried in the back yard.
    Should Donald Trump get the credit?
    IF you do not realize that the rebirth took place in your spirit then it can be confusing to your mind worshiping GOD standing in front of a physical mirror.

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