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Hang on!!!!!
Old 08-21-2015, 02:41 PM   #1
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Hang on!!!!!

Dow Jones Industrial Average (^DJI)

-DJI Watchlist

16,509.55 481.14(2.83%) 3:38PM EDT
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Old 08-21-2015, 02:49 PM   #2
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Dow Jones Industrial Average (^DJI)

-DJI Watchlist

16,509.55 481.14(2.83%) 3:38PM EDT
Time to back up the truck!
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Old 08-21-2015, 03:07 PM   #3
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DJ down 481 points is so 20-min old.

DJ just closed down 530 points for the day. Party on!
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Old 08-21-2015, 03:15 PM   #4
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A 500 point drop ain't what it used to be...

Cannot wait for the social gathering talk this weekend from folks who panicked in 2008-2009 and got completely out of the market: "See, I told you so!!"
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Old 08-21-2015, 03:20 PM   #5
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This is just noise. Hedge fund managers have had a bad run of it this year and need some juicy returns for this quarter which equals a market takedown and buying opportunity for them.
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Old 08-21-2015, 03:33 PM   #6
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The sky is falling! The sky is falling!

Dow 5,000? Yes, it could happen - MarketWatch. http://tiny.iavian.net/6hsi
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Old 08-21-2015, 03:37 PM   #7
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Dunno about Dow 5000.

But when there are still posters gung ho about buying, I am holding back. I already have plenty of equities, it's not like I am 100% in cash now.

Got to conserve my firing power to defend against that final assault of the bear. Heh heh heh...
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Old 08-21-2015, 03:53 PM   #8
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The sky is falling, again ??
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Old 08-21-2015, 03:55 PM   #9
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Nobody can predict the Market. However if last two days are indication of the economy sliding into recession, the Feds do not have any tool to deal with it other than keep printing. Then may be Peter Schiff is right stating whether dollar bottom will fall of or Stock Market bottom will fall off. As of now I am reluctant to reduce my equities holding.
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Old 08-21-2015, 03:58 PM   #10
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my long term time horizon just got longer, dang it!
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Old 08-21-2015, 04:09 PM   #11
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Maybe gold will finally take off. I am down to one little mining stock with a all in cost of $900 per ounce. I would love to see $1400 gold again,.
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Old 08-21-2015, 04:17 PM   #12
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Still not worried...I do have dry powder to throw at the (semi) correction. But gonna hold on - we may see 14,000 before we see 18,000 DOW again. I am almost always wrong with my predictions and therefore move much slower now when it comes to committing $.

I'm more edumacated
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Old 08-21-2015, 04:21 PM   #13
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Maybe gold will finally take off. I am down to one little mining stock with a all in cost of $900 per ounce. I would love to see $1400 gold again,.
me too - heck I'd love to see $2K gold actually
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Old 08-21-2015, 04:21 PM   #14
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Oh nooooooo...it's time for distraught wall street photos.....



Best Distraught Trader Photo Contest
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Old 08-21-2015, 04:55 PM   #15
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Nobody can predict the Market. However if last two days are indication of the economy sliding into recession, the Feds do not have any tool to deal with it other than keep printing.
Yep, and I would not be surprised to see that happen (QE3??), if this continues for a while. The thing is, though, QE1 and QE2 did virtually nothing to boost the general economy, they merely kept the markets afloat for several years after the big recession of 08. At some point, the tricks no longer work, and economic fundamentals determine which way the market is headed.
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Old 08-21-2015, 05:12 PM   #16
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What a blue light special! It if continues on Monday at this rate, I think the last few months' market declines will pay for the move to my dream house this summer, and all associated expenses.

So, I'm not supposed to act happy about that, right?..... Wh - - - Wh - - Oh gosh, I can't hold it in!

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Old 08-21-2015, 05:29 PM   #17
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So, I'm just getting in, was offline all day. Did something happen?
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Old 08-21-2015, 05:33 PM   #18
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So, I'm just getting in, was offline all day. Did something happen?
This?

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Old 08-21-2015, 05:48 PM   #19
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This?

Got it. Thanks. Another week or so of days like these and things get interesting, eh?
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Old 08-21-2015, 06:20 PM   #20
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Zip lines go down. Then they go up again. So, yes, hang on!
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