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Posted

Tomorrow should be interesting. Futures down 4%. Should see Berkshire B around 197. Market is only down 12% from the peak so this takes it to 16% still not at a bear market. Prices should get even cheaper.

If Berkshire breaks 180 then that looks pretty cheap.

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Posted

ETFs that mirror the Dow, S&P and Nasdaq are showing down -6.75% to close to 7% in the pre-market.  S&P down 7% would trigger circuit-breaker and stop trading for 15 mins, I believe.

 

It's going to be an interesting day.

 

wabuffo

Posted

Soooo glad I read Spek, Dalal and Rule (his 1999) thread. I'm mostly invested but I have about 30% cash vs was on margin. It feels weird to have so much cash (for me anyway) but glad I do right now at least .

Posted

Circuit breakers.. Pffff, communists :P . Even in Italy they continue trading.

 

Agreed. Bunch of wussies.

 

Give me 20% down *&@&ers!

Posted

 

 

What if it goes down 2,000 points in 20 minutes?ESq-bR-WAAEHIn-?format=jpg&name=medium

Tickling match?

 

I’m OK with the drop if that’s what it takes to get rid of this douchenozzle.

 

That’s happens when you let Republicans run the economy. 😂.

Bush Sr -1991

Bush Jr 2001& 2008

Trump 2020

 

Then look at his favorite industries : Coal, oil and steel. Must be bad luck.

Posted

 

 

What if it goes down 2,000 points in 20 minutes?ESq-bR-WAAEHIn-?format=jpg&name=medium

Tickling match?

 

I’m OK with the drop if that’s what it takes to get rid of this douchenozzle.

 

That’s happens when you let Republicans run the economy. 😂.

Bush Sr -1991

Bush Jr 2001& 2008

Trump 2020

 

Then look at his favorite industries : Coal, oil and steel. Must be bad luck.

 

I wonder if Obama is still claiming credit to this economy? Perhaps we will see a tweet taking that back? For the record I think it's dumb for any president to make claims to economic conditions.

Posted

 

 

What if it goes down 2,000 points in 20 minutes?ESq-bR-WAAEHIn-?format=jpg&name=medium

Tickling match?

 

I’m OK with the drop if that’s what it takes to get rid of this douchenozzle.

 

That’s happens when you let Republicans run the economy. 😂.

Bush Sr -1991

Bush Jr 2001& 2008

Trump 2020

 

Then look at his favorite industries : Coal, oil and steel. Must be bad luck.

 

I wonder if Obama is still claiming credit to this economy? Perhaps we will see a tweet taking that back? For the record I think it's dumb for any president to make claims to economic conditions.

 

Totally agree, but that was Trump‘s  platform. I think some GNP prints will look like the Great Recession.

Posted

 

 

What if it goes down 2,000 points in 20 minutes?ESq-bR-WAAEHIn-?format=jpg&name=medium

Tickling match?

 

I’m OK with the drop if that’s what it takes to get rid of this douchenozzle.

 

  ____________________________________
|                                    |
|            Biden 2020              |
|  It's Time For A New Douchenozzle  | 
|                                    |
|____________________________________|

Posted

Cmon guys, give the guy a break. I doubt he knows what the Dow is. He probably thinks that the stock market is that place in lower Manhattan where guys wearing hats buy and sell stocks. Then you get them in the mail and you put them in a binder.

 

Probably sent the tweet cause 1,000 points sounded BIG!. The S&P is a pussy because it only lost 200 points. :D

Posted

As soon as the market closes I am going to go get a teardrop tattooed under my left eye. It's the only responsible, mature course of action to take in light of today's market action.

Why not open a fine bottle of red and have a glass? Tis the way of the warrior.

Posted

Did we have a 7% day since the GFC? I don't have the data but out of memory I don't actually think we did.

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