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This plunge looks a lot like the ones that rocked stocks in 1929, 1987 and 2008...

Discussion in 'Coronavirus (COVID-19) News' started by Canell, Mar 11, 2020.

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  1. Canell

    Canell Well-Known Member

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    Well, brace yourselves because it is exactly where it is headed. ;)
    2008 was just a starter and now we will have the main course.
    Mark my words and prepare for the collapse.
     
    Last edited by a moderator: Mar 12, 2020
    Canell, Mar 11, 2020
    #1
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  2. TheGreatSatan

    TheGreatSatan Banned

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    Anyone else noticed that Democrats and neo-communist seem to be heavily invested in scaring people?

    Brace yourself, the sky is falling...
     
    TheGreatSatan, Mar 11, 2020
    #2
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  3. Reason3415

    Reason3415 Active Member

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    People who bought and held in '87 and '08 made fortunes.
     
    Reason3415, Mar 11, 2020
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  4. US Conservative

    US Conservative Well-Known Member Past Donor

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    Yup-Democrat politicians seem the most worried-almost like they are hoping for a recession or something.

    Medical providers the least worried.
     
    US Conservative, Mar 11, 2020
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  5. Canell

    Canell Well-Known Member

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    Well, we will see that. How about coming back to me in 10 days, Mr. Satan? :)
     
    Canell, Mar 11, 2020
    #5
  6. TheGreatSatan

    TheGreatSatan Banned

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    I'll be here :twisted:

    Every degree of heat the temperature rises is going to be bad news for the neo-communist bio scare.
    [​IMG]
     
    TheGreatSatan, Mar 11, 2020
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  7. ronv

    ronv Well-Known Member

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    Singapore to warm up soon.
     
    ronv, Mar 11, 2020
    #7
  8. MrTLegal

    MrTLegal Well-Known Member

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    MrTLegal, Mar 11, 2020
    #8
  9. struth

    struth Well-Known Member

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    The only way this crash ends up like 1929 or 2008 is if we elect a Dem President that expands the problem like we did those times, and spread the problem, from a mole hill, to a mountain.
     
    struth, Mar 11, 2020
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  10. Canell

    Canell Well-Known Member

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    DOW down 6.6% as of now. :sick:
     
    Canell, Mar 11, 2020
    #10
  11. US Conservative

    US Conservative Well-Known Member Past Donor

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    US Conservative, Mar 11, 2020
    #11
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  12. US Conservative

    US Conservative Well-Known Member Past Donor

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    Exactly.
     
    US Conservative, Mar 11, 2020
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  13. grapeape

    grapeape Well-Known Member Past Donor

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    Yeah, cause were gunna take away your automobiles ?
     
    grapeape, Mar 11, 2020
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  14. MrTLegal

    MrTLegal Well-Known Member

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    upload_2020-3-11_15-22-15.png

    Today is probably going to slot in at #2. So that will put Trump as President in charge of the top twelve single largest daily point losses in US history.
     
    MrTLegal, Mar 11, 2020
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  15. ronv

    ronv Well-Known Member

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    Republican'ts always leave us a mess to clean up.
     
    ronv, Mar 11, 2020
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  16. struth

    struth Well-Known Member

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    Cool, as a percentage of the market, not so much.

    moreover has nothing to do with my post.
     
    struth, Mar 11, 2020
    #16
  17. MrTLegal

    MrTLegal Well-Known Member

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    We are less than one week from the first US death caused by COVID-19. It is wholly inappropriate and illogical to dismiss it because the flu also kills people.
     
    MrTLegal, Mar 11, 2020
    #17
  18. pol meister

    pol meister Well-Known Member

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    I pride myself on asset allocation, but no amount of asset allocation can alleviate this type of a market downturn. Everything is getting hit pretty badly. About all I can do at this point in time is to endure the pain, and wait for better weather ahead.
     
    pol meister, Mar 11, 2020
    #18
  19. MrTLegal

    MrTLegal Well-Known Member

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    Trump has the top 12 single largest daily point losses in US history on his record and your excuse is, "Well yea...but it could get worse if a Democrat gets elected in 8 months."
     
    Last edited: Mar 11, 2020
    MrTLegal, Mar 11, 2020
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  20. US Conservative

    US Conservative Well-Known Member Past Donor

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    I am dismissing nothing-its the same general measures as with the flu.

    The virus is believed to have peaked in China/South Korea- https://fortune.com/2020/03/11/coronavirus-south-korea-peak/

    Thats a good thing.
     
    US Conservative, Mar 11, 2020
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  21. struth

    struth Well-Known Member

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    Just the ones that use gas.
     
    struth, Mar 11, 2020
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  22. pol meister

    pol meister Well-Known Member

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    What is wholly inappropriate is to stoke unnecessary fear mongering day-in and day-out, as you do; and to turn it into some kind of a political hit-job, when the virus is clearly apolitical in nature.

    Is this all you do for a living, or do you have any kind of a real job?
     
    pol meister, Mar 11, 2020
    #22
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  23. struth

    struth Well-Known Member

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    That's true. Right now the economy is strong, the market has taken some hits....but as a percentage of the market, not that big....but things could get much worse if a Dem takes office, as history has shown and deepen the problem
     
    struth, Mar 11, 2020
    #23
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  24. cd8ed

    cd8ed Well-Known Member Past Donor

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    trump will be the third Republican in a row to enter with a stable economy and exit with one in recession.

    If you care about your nation, vote anyone but red
     
    cd8ed, Mar 11, 2020
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  25. struth

    struth Well-Known Member

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    We aren't in a recession.
     
    struth, Mar 11, 2020
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