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DOW down 2000 pts.

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posted on Mar, 9 2020 @ 03:39 PM
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Whats the bottom going to be I guess 18000. What do you guess lets see who gets it right or closest. Be nice to know for investing.
edit on 9-3-2020 by Joeshiloh because: (no reason given)




posted on Mar, 9 2020 @ 03:43 PM
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I remember working in the financial service industry in 1987 when it went down 1,200 points. You would have thought the world ended. Six months later people who followed our advice, were far better off than they were before the crash... including my very own parents.



posted on Mar, 9 2020 @ 03:44 PM
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a reply to: carewemust

Do you have any idea what the bottom will be with this crisis. I remember that day but I also remember 2008


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



posted on Mar, 9 2020 @ 03:50 PM
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a reply to: Joeshiloh

When people panic I make money in the long run.



posted on Mar, 9 2020 @ 03:50 PM
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Good time to buy.



posted on Mar, 9 2020 @ 03:51 PM
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I think it will drop a couple more thousand points before it starts to recover. All I know is I'm prepared to drop a pretty penny into the market if it does completely crash.



posted on Mar, 9 2020 @ 03:52 PM
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originally posted by: Bluntone22
a reply to: Joeshiloh

When people panic I make money in the long run.


I actually just increased my biweekly deductions towards some stocks by 4% today.




posted on Mar, 9 2020 @ 03:53 PM
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My bet is that it will continue to drop, gradually with lot's of dead cat bounces, so pigs will help soften the fall for the players. Everything will be blamed on the corona virus and dropping oil prices, but actually the market continues to correct itself for the same reasons as in 2008. Too much valueless money has been pumped to the markets by making unrealistic economic predictions like they did with the housing market. They didn't fix the problems but just plugged the hole with new amounts of money printed without the backup of realistic economic value and hoped for the best. But no solution was found for the fundamental problems and now we will probably see the biggest financial collapse in history that won't just continue the 2008 situation, but will involve all these new problems that were created to "fix" the previous problem.



posted on Mar, 9 2020 @ 03:53 PM
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a reply to: Blue Shift

I think I'll wait. Just sold INO today



posted on Mar, 9 2020 @ 03:56 PM
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originally posted by: Joeshiloh
a reply to: Blue Shift

I think I'll wait. Just sold INO today

Well, sure, you want to look for it to start bottoming out. No sense in throwing good money after bad.

Pro Tip: Toilet paper stock.
edit on 9-3-2020 by Blue Shift because: (no reason given)



posted on Mar, 9 2020 @ 03:56 PM
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a reply to: eitea

I agree with you logic. Do you have an idea of a bottom.



posted on Mar, 9 2020 @ 03:57 PM
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originally posted by: Joeshiloh
Do you have any idea what the bottom will be with this crisis.


I know exactly where it will bottom out.



posted on Mar, 9 2020 @ 03:59 PM
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a reply to: AugustusMasonicus

May I ask what you think that will be?



posted on Mar, 9 2020 @ 04:00 PM
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a reply to: Blue Shift

Think Angel Soft, its Septic safe!



posted on Mar, 9 2020 @ 04:01 PM
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originally posted by: Joeshiloh
May I ask what you think that will be?


If I told you where we decided to let it drop to you could potentially out short me. I didn't get to be an evil 1%'er by sharing things.



posted on Mar, 9 2020 @ 04:01 PM
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originally posted by: Joeshiloh
a reply to: AugustusMasonicus

May I ask what you think that will be?



He is messing with you dude!

Should be funny.



posted on Mar, 9 2020 @ 04:02 PM
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a reply to: BlueJacket
I have septic, thanks for the paper stock tip



posted on Mar, 9 2020 @ 04:04 PM
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Look for the FED to start bailouts again. I would imagine they would stop the crash and print a trillion dollars to prop it up again.
Everything has been in a bubble for like 10 years now so who knows. Just don't try to catch a falling knife. Wait till the trend reverses to start buying again.

Who knows, but wild guess is 13,666, seems like a number they would use.
edit on 9-3-2020 by booyakasha because: (no reason given)



posted on Mar, 9 2020 @ 04:05 PM
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a reply to: Allaroundyou

I like to laugh so on with it then.



posted on Mar, 9 2020 @ 04:07 PM
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a reply to: booyakasha

That's why I'm asking what the bottom of this crisis might be.




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