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Wall Street hammered, Dow closes down more than 300 points

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posted on Jul, 31 2014 @ 06:31 PM
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Humm does play into more of a crash ? its about lay offs
www.zerohedge.com...
edit on 31-7-2014 by switchqm8 because: (no reason given)




posted on Jul, 31 2014 @ 06:31 PM
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a reply to: Crakeur

Thanks for some insight on this. But I think that people like me will probably feel this bite worse than the big investors. My 401k from work that I can't liquidate will drop and be worthless before its over.



posted on Jul, 31 2014 @ 06:37 PM
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a reply to: Dimithae

That is what happened to the Boomers in 08. You can count on them stealing your retirement. I am sure they would love to get their hands on social security payments too.



posted on Jul, 31 2014 @ 06:38 PM
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and this one lots of charts but i dont know .."Markets In Turmoil" Russell 2000 Plunges Most In Over 2 Years, Dow Down For 2014
www.zerohedge.com...
edit on 31-7-2014 by switchqm8 because: (no reason given)



posted on Jul, 31 2014 @ 09:21 PM
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originally posted by: sheepslayer247

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).


Me too and I agree.

That market is controlled and they *THEY* manipulate it any time they want so they can keep lining their pockets.



posted on Jul, 31 2014 @ 10:27 PM
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a reply to: rickymouse

this is hardly a correction.



posted on Jul, 31 2014 @ 10:30 PM
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a reply to: Dimithae

like I said, it's the smaller investors, the folks who don't read the journal every day, that will fear a bigger drop and jump ship.

The best way to look at this is as follows. a 1.8% drop is the equivalent of losing $1.80 out of $100. Of course, not everyone has stocks, or mutual funds, that went down this much and some have stocks that went down more but it's not big enough to be worried about.

it could be but I don't think so.






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