Help ATS with a contribution via PayPal:
learn more

Wall Street hammered, Dow closes down more than 300 points

page: 1
9
<<   2 >>

log in

join

posted on Jul, 31 2014 @ 03:45 PM
link   
finance.yahoo.com...

I do not know nothing about markets so not much input.But with the all the talk about the big crash is this anything or just another day in the markets? let me know ats..




posted on Jul, 31 2014 @ 03:47 PM
link   
a different article..
www.foxbusiness.com...

and
online.wsj.com...
edit on 31-7-2014 by switchqm8 because: (no reason given)



posted on Jul, 31 2014 @ 03:51 PM
link   
GOOD…….long may it continue

Regards

PDUK



posted on Jul, 31 2014 @ 03:52 PM
link   
I know nothing much in this area either but my room mate is convinced the whole house of cards is coming down in August.



posted on Jul, 31 2014 @ 03:52 PM
link   
and another 1
www.reuters.com...



posted on Jul, 31 2014 @ 03:52 PM
link   
a reply to: switchqm8

No worries. The traders and automatic algo bots are just taking a profit before the weekend. Monday the market will probably jump back up.
edit on 7/31/2014 by sheepslayer247 because: (no reason given)



posted on Jul, 31 2014 @ 03:53 PM
link   
a reply to: switchqm8

Get set for more tomorrow.



posted on Jul, 31 2014 @ 03:53 PM
link   
a reply to: minkmouse

Yes i been hearing that also why this caught my attention...



posted on Jul, 31 2014 @ 03:55 PM
link   
a reply to: EA006

Im fine with it all coming crashing down i never invested or had a 401k. Just always had a feeling one day the whole system would come down .



posted on Jul, 31 2014 @ 03:57 PM
link   
a reply to: sheepslayer247
thanks.. i really don't care if they do or don't 2 be honest..



posted on Jul, 31 2014 @ 04:01 PM
link   

originally posted by: switchqm8
a reply to: sheepslayer247
thanks.. i really don't care if they do or don't 2 be honest..


Neither do I.

I pulled out all my investments just before the 2008 drop. I'll never put money back in to the market because it's all a sham. Now I invest in aluminum (beer cans).



posted on Jul, 31 2014 @ 04:02 PM
link   
The following is my opinion as a member participating in this discussion.

It's just another day at the markets. You need a 10 percent drop for this to be considered a 'correction'. And 300 points off 17,000 or so isn't even close. For it to be a crash, it has to be falling multiple days at a strong double digit downturn. That's not there either. So ... it's just another day at the markets.

As an ATS Staff Member, I will not moderate in threads such as this where I have participated as a member.



posted on Jul, 31 2014 @ 04:08 PM
link   
No need to panic, dear little debt serfs.

There is no market.

For your safety all commerce is now under the control of central planners.

Our algorithms are poised to thrive on the volatility.

There will be no consequences.

Promise.

This time it's different.

Thank you for your continued support.

edit on 7/31/2014 by METACOMET because: (no reason given)



posted on Jul, 31 2014 @ 04:09 PM
link   
a reply to: FlyersFan

while I agree that a drop of less than 2% isn't worth worrying about, there's a large number of people out there with little understanding as to the minimal size of this drop and, coupled with the media talking about how the dow dropped 300 points and the markets are now negative for the year, you might see a bit of panic tomorrow. If that happens, and we see another 2% drop, Monday could prove to be an ugly day as those that were on the fence about the today's drop will have a weekend to kick themselves for not getting out. If that happens, your 10% drop is a definite possibility.

If you look at the 87 crash, and the days preceding it, a similar event happened although the drops were between 3-5% instead of today's less than 2%. Also of note, to give you insight into the insignificance of a 300 point drop, the 1987 crash was just over 500 points but it accounted for 22% of the market's value.



posted on Jul, 31 2014 @ 04:10 PM
link   
a reply to: FlyersFan

Ok thank you for the input as i said i don't know anything about the market...Will watch to see if anymore drops tomorrow..



posted on Jul, 31 2014 @ 04:11 PM
link   
a reply to: Crakeur
thank you for the info



posted on Jul, 31 2014 @ 04:18 PM
link   
a reply to: switchqm8
Rut Ro Raggy!



posted on Jul, 31 2014 @ 05:43 PM
link   
a reply to: switchqm8

They expect good jobs numbers tomorrow. That means their cheap money spigot is going get a little drier. Janet Yellen's policy.



posted on Jul, 31 2014 @ 05:54 PM
link   
Darn, I predicted a correction right after the fourth of July. It kept increasing. Well, I am batting a thousand on predictions yet, can't get even one right.



posted on Jul, 31 2014 @ 06:19 PM
link   

originally posted by: rickymouse
Well, I am batting a thousand on predictions yet, can't get even one right.

Hey, if you could accurately predict what the market is going to do, they'd have to fire those chimps that throw their poop at the Wall Street Journal.





new topics

top topics



 
9
<<   2 >>

log in

join