Meet the enemy

[orezok]

I’ve been reading several posts lately. Posts talking about why nothing is made in the USA anymore, posts about poor customer service, posts about global warming, posts about government intrusion, posts about poor education, posts about illegal immigrants etc. etc. etc.

I think I found the answer to all of them.

 

[mjarrels]

I still cannot believe how a falling China stock market has so much affect on wall street?

mark

 

[DieselPower]

That's why it's called a global market.

 

[frank_f15]

I still cannot believe how a falling China stock market has so much affect on wall street?

mark

ME EITHER have seen it drop 400pts in i day don't think i ever seen it go up 400 pts in 1 day, WHY IS THAT?

 

[riptides]

ME EITHER have seen it drop 400pts in i day don't think i ever seen it go up 400 pts in 1 day, WHY IS THAT?

because that is the way the system works, called corrections, or computer glitches.....

I mean really, the run up over the last 8-12 months is incredible, why? Because peope think they are doing, ok. Yesterday the market needed an excuse to move some money off the table. Asian markets gave the money movers their marching orders. Sell.

-Mike Z.

Ahh, about that computer glitch.... right....

 

[mjarrels]

So far I'm earning everything back today! I did not sell anything.

mark

 

[scott_vt]

So far I'm earning everything back today! I did not sell anything.

mark

Afternoon Mark,
Well, maybe not everything !

 

[HomeBrew2]

... because that is the way the system works, called corrections, ...

This bull's getting pretty long in the tooth ... 50+ months(?) Average bull, 40something months(?) Reasonable for some folks to lock in some profits.

 

[MossRoad]

ME EITHER have seen it drop 400pts in i day don't think i ever seen it go up 400 pts in 1 day, WHY IS THAT?

News said it doesn't rank in the top 150 worst days for the stock market.

 

[scott_vt]

News said it doesn't rank in the top 150 worst days for the stock market.

Mornin David,
Thats funny, my news agency stated that it was in the top 20 worst days of the stock market ! ?

 

[riptides]

Mornin David,
Thats funny, my news agency stated that it was in the top 20 worst days of the stock market ! ?

Today may rank up there.

-Mike Z.

 

[N80]

All my money is in a mason jar in the back yard.

 

[riptides]

All my money is in a mason jar in the back yard.

Where do you live? Need any loader work.

-Mike Z.

 

[mjarrels]

My grandfather who died many years ago at age 101 once had a chimney fire from burning the cookstove. While the fire department was busy putting out the fire, he was busy working under the mattress getting the cash.

"You might be a redneck if your retirement plan is collector plates"

mark

 

[DAP]

I still cannot believe how a falling China stock market has so much affect on wall street?

mark

The Chinese market drop was .. well, lets just say that some are of the opinion that it was 'engineered'. Apparently, China is a little over-extended.

 

[om21braz]

Mornin David,
Thats funny, my news agency stated that it was in the top 20 worst days of the stock market ! ?

It probably was for lots of folks, LOL. Forget the amount of points - look at the the percentage, that's the number that tells the story.