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DOW Opens Down Over 1800 Points Today

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posted on Mar, 9 2020 @ 09:15 AM
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a reply to: IAMTAT

Just your friendly plunge protection team protecting us from the carona virus??




posted on Mar, 9 2020 @ 09:18 AM
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originally posted by: dawnstar
a reply to: IAMTAT

Just your friendly plunge protection team protecting us from the carona virus??


What does that mean?
I get the circuit breakers...but THIS is being driven more by oil pricing than CV.
edit on 9-3-2020 by IAMTAT because: (no reason given)



posted on Mar, 9 2020 @ 09:20 AM
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a reply to: AugustusMasonicus



I also have the frozen orange juice report if you're interested.

Frozen concentrated orange juice.
Business Insider



posted on Mar, 9 2020 @ 09:21 AM
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originally posted by: ketsuko
Right now, it's no labor costs. No one is working.


Not accurate, there are still many factories open. The products that the company I work for sells come primarily from Guadong and Anhui (as well as domestic and European manufacturers). There are delays but they are still producing.



posted on Mar, 9 2020 @ 09:22 AM
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Sounds like I am going to have to go all "kid in a candy store"



posted on Mar, 9 2020 @ 09:22 AM
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originally posted by: ketsuko

originally posted by: FamCore
a reply to: IAMTAT

If it goes down 20% will halt trading for the rest of the day, wild stuff.

OPEC potentially collapsing I hear?


Something about the Russians and Saudis having a tiff over oil, but that spills over into our own production since the Saudi attempt to bring Russia back into line hurts our shale industries.


It's actually OPEC, Russia and thier customer China.

We're going to get pounded for daring to push for fair trade deals.

Which we will win, in time...

Unless those 3 do enough economic damage to us to flip the White House to Democrats.

Then China wins, OPEC wins, Russia,wins, the Democrats win.

The only losers will be the American people.




posted on Mar, 9 2020 @ 09:23 AM
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Gas prices dropping.
Just in time for people to go nowhere because they will be quarantined inside their homes.



posted on Mar, 9 2020 @ 09:25 AM
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Our China factories are up and running. Slower because the constant cleaning and disinfecting but running. Our company is people first and is big enough to abor


DOW down about 1400

edit on 9-3-2020 by mikell because: (no reason given)



posted on Mar, 9 2020 @ 09:25 AM
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originally posted by: Sillyolme
Gas prices dropping.
Just in time for people to go nowhere because they will be quarantined inside their homes.


The Man will not keep me from traveling, I will spread Corona as efficiently as United Airlines allows me.



posted on Mar, 9 2020 @ 09:26 AM
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a reply to: Lumenari

Or Globalists v. Nationalists. You can say it that way. And, of course, they don't care how much damage they do to their people because their people don't get to protest the suffering.

And we have to hope enough of ours are smart enough to figure it all out or wait it out.

Guess the Democrats picked a bad year to nominate a senile man. As my husband says, their options are demented or dementia.



posted on Mar, 9 2020 @ 09:27 AM
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a reply to: mikell

No one will be traveling this summer.



posted on Mar, 9 2020 @ 09:29 AM
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a reply to: Sillyolme

I wouldn't be so sure of that. I think once the mystery starts to work its way out of this thing, it will be revealed for what it is, and that's not nearly so bad as what it's been portrayed to be.



posted on Mar, 9 2020 @ 09:31 AM
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originally posted by: Sillyolme
a reply to: mikell

No one will be traveling this summer.


Sure they will. Gas will be cheap.
Americans will just be spending their vacation money INSIDE the US instead of abroad.



posted on Mar, 9 2020 @ 09:31 AM
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a reply to: AugustusMasonicus

I haven't looked.
About 60% of my income is in stocks since I retired.

I don't have huge expenses as my house is paid for and I don't carry balances on credit.
So far my bank card has not declined at the grocery store.

My plan is to buy but when. If it stays in a free fall I could lose even more.



posted on Mar, 9 2020 @ 09:34 AM
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a reply to: Sillyolme

Whatever you see Randolph and Mortimer doing, do the opposite.



posted on Mar, 9 2020 @ 09:34 AM
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a reply to: ketsuko

Natural gas.
Not oil.



posted on Mar, 9 2020 @ 09:36 AM
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We have lost a couple of grand in the last two weeks on our stock. That is life. Hard come easy go.



posted on Mar, 9 2020 @ 09:36 AM
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a reply to: butcherguy

Why do I suddenly have visions on Don Ameche in my head???



posted on Mar, 9 2020 @ 09:37 AM
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a reply to: AugustusMasonicus

Haha, good flick.



posted on Mar, 9 2020 @ 09:37 AM
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originally posted by: AugustusMasonicus
a reply to: Sillyolme

Whatever you see Randolph and Mortimer doing, do the opposite.


Looking good, Billy Ray!




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