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-   -   Market down HUGE - Coincindence? (https://discussions.texasbowhunter.com/forums/showthread.php?t=680623)

RiverRat1 01-30-2018 01:38 PM

Market down HUGE - Coincindence?
 
Sooooo SOTU this evening and the markets just happen to be down the biggest in years.... Hmmmm

Really?

JonBoy 01-30-2018 02:38 PM

I still have 30 more years of dollar cost averaging to go before retirement...need some low times to buy!

bownutone 01-30-2018 02:57 PM

Not down because of the upcoming speech in my opinion. Looks like a soon to come buying opportunity.

muzzlebrake 01-30-2018 03:41 PM

Long overdue correction. Probably people selling off and taking huge profits to take advantage of the new tax laws. When it bounces back in a few days it will go beserk like never before.

kae006 01-30-2018 03:44 PM

Markets are down 1% today, markets were up 1% in a single day last week. Is this really considered a huge sell off?

Shane 01-30-2018 03:48 PM

Just down about 1% today. 300 points on the Dow isn't what it used to be.

Casey 01-30-2018 03:54 PM

Amazon, Berkshire and JP Morgan Chase announced a partnership in the healthcare business. United Health Care stock, and several others plummeted. That had an impact.

JFISHER 01-30-2018 04:00 PM

Quote:

Originally Posted by RiverRat1 (Post 13144165)
Sooooo SOTU this evening and the markets just happen to be down the biggest in years.... Hmmmm

Really?

It's the end of January tradition

Biggs 01-30-2018 04:45 PM

Scotts Miracle-Gro dropped 15% today... so I bought a little. Why shouldnít I make money on pot growers?


Sent from my iPhone using Tapatalk

BrianL 01-30-2018 05:04 PM

1% is a move, 5% is big......Huge is more than that. Last years' gain is 8000 points, if we gave that up it would be huge...

Lostacresranch 02-02-2018 01:18 PM

Market down HUGE - Coincindence?
 
Quote:

Originally Posted by RiverRat1 (Post 13144165)
Sooooo SOTU this evening and the markets just happen to be down the biggest in years.... Hmmmm



Really?



If you think this is a big drop, you havenít seen the gains made this year.

RiverRat1 02-03-2018 03:51 PM

Quote:

Originally Posted by Lostacresranch (Post 13152743)
If you think this is a big drop, you havenít seen the gains made this year.

I just said down the most in a long time.

But I agree I was over thinking it.

texansfan 02-05-2018 02:11 PM

Quote:

Originally Posted by BrianL (Post 13144749)
1% is a move, 5% is big......Huge is more than that. Last years' gain is 8000 points, if we gave that up it would be huge...

It's down over 6%
I'm waiting until it's down 11% before i pump more cash into it

Shane 02-05-2018 02:42 PM

The average is to see one correction (dip between 10-20%) every year. If we get a 15% correction off the Dow's recent high of 26,616, that would put us at 22,623 (down about 4,000 points). We'll see..... It's been a while since we've had one.

Maddox 02-05-2018 03:12 PM

I just swapped some bonds for stocks in my 401k. Gotta take advantage of RBD (really bad days).

texansfan 02-05-2018 03:34 PM

Quote:

Originally Posted by Shane (Post 13160354)
The average is to see one correction (dip between 10-20%) every year. If we get a 15% correction off the Dow's recent high of 26,616, that would put us at 22,623 (down about 4,000 points). We'll see..... It's been a while since we've had one.

It was down over 10% today from last week's high.
Scary stuff

Shane 02-05-2018 03:41 PM

Quote:

Originally Posted by texansfan (Post 13160499)
It was down over 10% today from last week's high.
Scary stuff

Not 10% yet. The high the other day was 26,616. Dow is currently at 24,561. A 10% dip off of 26,616 would be 23,954. Down a little over 8% off the high currently. Down 4% today from last Friday's close.

Shane 02-05-2018 03:57 PM

Closed at 24,341 today. Down about 8.55% from the high. Will it dip further, or will the bull get back on its feet tomorrow?

I wish I knew! :D

Shane 02-05-2018 06:29 PM

Quote:

Originally Posted by texansfan (Post 13160499)
It was down over 10% today from last week's high.
Scary stuff

Wait, you were right. The Dow was actually down to 23,923 briefly today. I missed that while I was on the phone. Crazy volatility today.

GarGuy 02-05-2018 06:36 PM

Buy the bear and run from the bull! The bull will be back tomorrow

100%TtId 02-05-2018 06:43 PM

Quote:

Originally Posted by Shane (Post 13160560)
I wish I knew! :D

If you did, you could rename the King Ranch to "Shane's big *** south Texas bowhunting and cattle raisin' joint"

Shane 02-05-2018 06:52 PM

Quote:

Originally Posted by 100%TtId (Post 13160962)
If you did, you could rename the King Ranch to "Shane's big *** south Texas bowhunting and cattle raisin' joint"

:D If I could, I'd rename the entire state of Texas "Shane's Big *** Ranch", and about 1,000 of y'all could be my ranch hands and guides. Everybody else would have to find somewhere else to live. :D :D

Radar 02-05-2018 10:05 PM

Quote:

Originally Posted by Shane (Post 13160982)
:D If I could, I'd rename the entire state of Texas "Shane's Big *** Ranch", and about 1,000 of y'all could be my ranch hands and guides. Everybody else would have to find somewhere else to live. :D :D

I can run a weed eater purty good and I dont eat much:D.

Shane 02-05-2018 10:28 PM

Quote:

Originally Posted by Radar (Post 13161648)
I can run a weed eater purty good and I dont eat much:D.

Good to know. :D

SaltwaterSlick 02-05-2018 11:07 PM

...remember me when you come into your paradise. ;)b

jer_james 02-06-2018 11:56 AM

This is pretty darn crazy ...

Shane 02-06-2018 04:05 PM

Quote:

Originally Posted by jer_james (Post 13162866)
This is pretty darn crazy ...

Whew! It's definitely been a crazy day around my office.

SaltwaterSlick 02-06-2018 04:11 PM

My stuff has recovered quite a bit today... hope it continues!

kae006 02-08-2018 05:25 PM

Think itís safe to say HUGE at todayís close. 4% drop, ****.

muzzlebrake 02-08-2018 06:41 PM

Needs another point or so of correction(profit taking) and she will go up again but maybe more slowly(cautiously) this time.

kae006 02-08-2018 08:00 PM

Quote:

Originally Posted by muzzlebrake (Post 13170464)
Needs another point or so of correction(profit taking) and she will go up again but maybe more slowly(cautiously) this time.



Wish I had your crystal ball

muzzlebrake 02-09-2018 08:07 AM

Quote:

Originally Posted by kae006 (Post 13170647)
Wish I had your crystal ball

Hey, it's easy to predict the market when you have no money in it:D


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