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originally posted by: shaneslaughta
I am willing to put money on it. The market will bounce back come Monday morning.
originally posted by: luciddream
Chinese devalued their currency, major reason for stock drop.
originally posted by: Mandroid7
Yeah, I wouldn't start building bunkers and buying freeze dried just yet.
There are at least a few constants with the stock market...
It will go up and down, people and companies like money, and buy low, sell high.
When Zero Hedge claims it's hitting bottom and the world is ending, you better get some orders in, cause that is what the ultra-rich will do, only they sometimes help push the price drop beforehand.
imho of course.
Nice thread S&F
I work for a company that manufactures freight rail cars, we got a massive contract to build tank cars for transporting mainly oil across North America, coming up this September there has been a slight hiccup in production, the two production lines which were pumping out 5 - 7 of these tankers a day were all laid off.
They said at the beginning of the contract the 50 some odd thousand tankers that needed to be made would give jobs for years to come, something is up with oil.
originally posted by: crappiekat
a reply to: beezzer
Hey bezzer, That might be your back end you smell.
Be safe. Looks like you got fire's all around you.