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Market down HUGE - Coincindence?

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    #16
    Originally posted by Shane View Post
    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

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      #17
      Originally posted by texansfan View Post
      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.

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        #18
        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!

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          #19
          Originally posted by texansfan View Post
          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.

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            #20
            Buy the bear and run from the bull! The bull will be back tomorrow

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              #21
              Originally posted by Shane View Post
              I wish I knew!
              If you did, you could rename the King Ranch to "Shane's big *** south Texas bowhunting and cattle raisin' joint"

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                #22
                Originally posted by 100%TtId View Post
                If you did, you could rename the King Ranch to "Shane's big *** south Texas bowhunting and cattle raisin' joint"
                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.

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                  #23
                  Originally posted by Shane View Post
                  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.
                  I can run a weed eater purty good and I dont eat much.

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                    #24
                    Originally posted by Radar View Post
                    I can run a weed eater purty good and I dont eat much.
                    Good to know.

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                      #25
                      ...remember me when you come into your paradise.

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                        #26
                        This is pretty darn crazy ...

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                          #27
                          Originally posted by jer_james View Post
                          This is pretty darn crazy ...
                          Whew! It's definitely been a crazy day around my office.

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                            #28
                            My stuff has recovered quite a bit today... hope it continues!

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                              #29
                              Think it’s safe to say HUGE at today’s close. 4% drop, ****.

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                                #30
                                Needs another point or so of correction(profit taking) and she will go up again but maybe more slowly(cautiously) this time.

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