- 63,610
- 50,738
- Joined
- May 23, 2005
DOW JONES DOWN 1000 POINTS......what does this mean?????
- Thread in 'General' Thread starter Started by nawghtyhare,
- Start date
- 3,949
- 1,197
- Joined
- Nov 16, 2001
It means it's worth 1000 points less than it was when the market opened.
If you're brave, buy now. You'll get a 10% better value on stocks vs last week when the market goes back up.
Remember 2008? It only took 5 years to recover from a 50% drop and come out ahead. Play the long term
Last edited:
- 63,610
- 50,738
- Joined
- May 23, 2005
Is it a sign of bad things to come or nah economically
It means it's worth 1000 points less than it was when the market opened.
If you're brave, buy now. You'll get a 10% better value on stocks vs last week when the market goes back up.
Remember 2008? It only took 5 years to recover from a 50% drop and come out ahead. Play the long term
- 14,244
- 5,474
- Joined
- Aug 23, 2007
- 74,397
- 23,884
- Joined
- Apr 4, 2008
it means nothing trade the price action
- 14,952
- 4,207
- Joined
- May 26, 2003
It means it's worth 1000 points less than it was when the market opened.
If you're brave, buy now. You'll get a 10% better value on stocks vs last week when the market goes back up.
Remember 2008? It only took 5 years to recover from a 50% drop and come out ahead. Play the long term
School me breh on what i need to do srs
- 8,837
- 4,738
- Joined
- Jul 18, 2012
- 8,139
- 5,318
- Joined
- Dec 3, 2007
It means it's worth 1000 points less than it was when the market opened.
If you're brave, buy now. You'll get a 10% better value on stocks vs last week when the market goes back up.
Remember 2008? It only took 5 years to recover from a 50% drop and come out ahead. Play the long term
School me breh on what i need to do srs
Aren't you trying to go for your MBA?
...
- 44,175
- 73,176
- Joined
- Apr 15, 2004
Gas is 1.96 b 
Last edited:
- 7,134
- 1,150
- Joined
- Aug 23, 2003
bitcoin, gold, bitgold
- 5,369
- 4,419
- Joined
- Sep 18, 2013
This is the beginning of the biggest correction in history..
The hiccup last month was the warning....
The hiccup last month was the warning....
- 3,949
- 1,197
- Joined
- Nov 16, 2001
It could be, it could not be. We're on a pretty long run of a Bull Market. 3rd longest if I remember correctly.Is it a sign of bad things to come or nah economically
It means it's worth 1000 points less than it was when the market opened.
If you're brave, buy now. You'll get a 10% better value on stocks vs last week when the market goes back up.
Remember 2008? It only took 5 years to recover from a 50% drop and come out ahead. Play the long term
If you don't need the money any time soon, ride it out. Nothing worse than jumping in and out based on short term trends.
- 3,949
- 1,197
- Joined
- Nov 16, 2001
Stop watching the news and live your life. The economy will happen. Be well capitalized and you'll be able to weather any storm. Cash is ALWAYS king.
A correction just means that you'll be able to buy assets when they're on sale while everyone else is freaking out.
- 6,457
- 4,032
- Joined
- Mar 26, 2009
Gas is 1.96 b
Where? **** still 3.40 where I'm at.
- 14,952
- 4,207
- Joined
- May 26, 2003
- 14,952
- 4,207
- Joined
- May 26, 2003
Im asking about what can should i do to take advantage of the current market. I assume the DOW being down = i can cop stocks at rare lows, and see profts since things will eventually rebound?
- 2,682
- 5,571
- Joined
- Oct 18, 2017
Last edited by a moderator:
- 63,610
- 50,738
- Joined
- May 23, 2005
man 3.40 is low in my areaGas is 1.96 b
Where? **** still 3.40 where I'm at.
- 57,877
- 29,279
- Joined
- Feb 12, 2005
It'll be back. It always comes back.
- 74,397
- 23,884
- Joined
- Apr 4, 2008
i can't wait till every rally starts getting sold. this isn't even anything honestly in the grand scheme of things.
- 26,314
- 29,425
- Joined
- Nov 3, 2011
Time to invest
- 53,173
- 30,694
- Joined
- Jan 20, 2002
this. hold for the long term. whether it takes a month or a couple yrs, it'll bounce back. wish i had cash to invest in some more
- 74,397
- 23,884
- Joined
- Apr 4, 2008
what happens if the market goes much lower? never use all your capital at once. we're down what 7% from the highs after being straight up for 4 years? there's significant more downside potentially. use the opportunity to trade the action, but always have cash on the sideline for a real sell off.
- 22,975
- 4,910
- Joined
- Jan 19, 2002
- 36,079
- 28,487
- Joined
- Jul 22, 2012
Hopefully the cost of rent goes down in the SF Bay Area.
Who am I kidding. It won't.
Who am I kidding. It won't.