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[helloresolven]

DOW now down 700 points pre-market. Shit's real right now.

Dow Futures hit down 850.

Unless you guys are 60 and retiring today... don't look at the market!

Or just realize you cannot change any of this and just find it kinda fascinating.

 

[D'ultimate]

Please name these shares.

Pick one

 

[Rubenov]

Watching Fox business and it shows 850.

Dow Futures hit down 850.

Yeah, went from -500 to -800 in less than 5 minutes.

 

[Frankfurter]

Oh damn, DAX down 4.5%, FTSE 4.3%, CAC -5.4%, Eurostoxx -5%...

 

[numble]

Pick one

Umm.. these stocks likely fall under the dividend yield trap and are highly risky.

 

[TheLostBigBoss]

CNN has a countdown timer on the lower right corner like it's fucking doomsday

 

[cirrhosis]

Damn, should've withdrawn that old 401k that I never transferred over. Only had 8k in it.

 

[Ziltoidia 9]

Damn, should've withdrawn that old 401k that I never transferred over. Only had 8k in it.

Give it a few years and it will be back.

 

[helloresolven]

CNN has a countdown timer on the lower right corner like it's fucking doomsday

A countdown to the opening bell? Like CNBC has every days.

 

[OctoMan]

This is cray

 

[D'ultimate]

Umm.. these stocks likely fall under the dividend yield trap and are highly risky.

Apple is on that list at 1.97%.

And since you keep coming at me why don't you prove your statement.

 

[TheLostBigBoss]

A countdown to the opening bell? Like CNBC has every days.

Na it was really big rectangle that had like milliseconds ticking down, it was really dramatic.

 

[cirrhosis]

my crystal ball sez we going down a K today

 

[Flo_Evans]

We dead yet?

Wonder if this is real or panic. Could be bad for presidential elections if it's this bad at market close today.

 

[Ziltoidia 9]

Get ready for a new wave of BUY GOLD BUY GOLD commercials.

 

[Vanillalite]

.

 

[TheLostBigBoss]

Get ready for a new wave of BUY GOLD BUY GOLD commercials.

Ron Paul was right!

 

[TurtleSnatcher]

Circuit breaker triggered. Trading halted. Yikes. Haven't seen that in a while

 

[Eighty Deuce]

Oh shiiiiiiiit

 

[helloresolven]

That S&P Heat Map on CNBC. Wow.

 

[maquiladora]

-1000

 

[Amory]

some of these stock prices are going to become very, very attractive to buy in

 

[toxicgonzo]

I sold off.
I was stupid to be using margin

 

[Vanillalite]

Shit is real...

Dat Selfoff

Holy Fuck

 

[Roland_Gunner]

my crystal ball sez we going down a K today

I kinda think its going to be the opposite. Market goes way down then a wave of buyers hits and the end is a small loss or even up.

 

[Stinkles]

We dead yet?

Wonder if this is real or panic. Could be bad for presidential elections if it's this bad at market close today.

Panic. Markets have been hyping themselves up for it since Friday night. Bargain hunting starts tomorrow. U.S. Markets recover losses over next two weeks as traders hedge against Asia. Asian situation more complex. Europe at mercy of both.

Edit. Dammit. Was going to buy some stock with my employee purchase plan but it's already recovered two dollars.

 

[Frankfurter]

Last 20 or so minutes brought another ~-1.5% to European stocks.

 

[TheLostBigBoss]

I've managed to retake my neighborhood after the last uprising. Like I said people, slave labor is the new oil! Gotta think long term.

 

[params7]

TIME TO BUY GOLD, GUNS AND LAND

 

[Vanillalite]

.

 

[Suikoguy]

Panic. Markets have been hyping themselves up for it since Friday night. Bargain hunting starts tomorrow. U.S. Markets recover losses over next two weeks as traders hedge against Asia. Asian situation more complex. Europe at mercy of both.

Sounds about right, Washington Post had this tidbit that related to my earlier post.

Some traders said the authorities’ failure to step in to buy shares Friday — when the market fell 4.2 percent — generated a sense of panic and forced some funds to liquidate positions. Although pension funds have reported net assets of some $550 billion, experts said they might not want to buy aggressively in a falling market.

https://www.washingtonpost.com/worl...c88a48-0161-404c-a48b-6cee7d04f864_story.html

I think it's a pretty solid argument that China made this worse by bailing them out the first time.

 

[OctoMan]

I think if s and p hits 1831, market shuts down for a bit? Is that right?

 

[numble]

Apple is on that list at 1.97%.

And since you keep coming at me why don't you prove your statement.

Your claim seems to be picking any stock on that list would give you something less volatile and at a cheaper price than Apple.

What statement would you like to prove? I was referring to the list in your link, not several pages down on the list that is on a separate page.

Pick the first stock on your link for instance. It has negative earnings per share and is paying out more in dividends than it has the cashflow for. It may be attracting uninformed investors that simply look at the dividend yield and think the dividend is sustainable.

 

[jmdajr]

Thanks Obama.

 

[ReturnOfTheRAT]

Brokerage lost $200 in the past two days.

 

[helloresolven]

I think if s and p hits 1831, market shuts down for a bit? Is that right?

Yes, there are circuit breakers at certain percentage drops to avoid mass panic.

 

[GhostWriter24]

Thanks Obama.

wellthereitis.gif

 

[popeutlal]

Why is this happening? Is the world's economy dependent on China now?

 

[shira]

Keep calm

 

[Lunar15]

I see a rough day today based on the panic-inducing headlines of friday, but we'll probably recover slightly through the week.

I don't think anyone should be surprised that China's having issues, though. Everyone and their mother has been calling that for years.

 

[XOMTOR]

Damn, Apple was down as low as $92.00, Netflix was down to $85.50. Quite the sell-off at opening.

 

[Hasphat'sAnts]

Why is this happening? Is the world's economy dependent on China now?

It's been dependent on China for about a decade. Welcome to 2008.

 

[maquiladora]

Oil dropped to 37

 

[NYCmetsfan]

Its the end of the world!

I wish I had money to buy stocks today.

 

[demosthenes]

Damn, Apple was down as low as $92.00, Netflix was down to $85.50. Quite the sell-off at opening.

Yes, fall and fall. Let me buy some of you.

 

[Ganhyun]

this is gonna put a damper on my 401k.

 

[klonere]

Live footage from the trading floor

 

[Maninthemirror]

what did you guys expect. corrections happen every 1.5 years where it falls 10% of gained value. we are seeing the first correction in 4 years which means the market could easily fall 25%

 

[maquiladora]

I think if s and p hits 1831, market shuts down for a bit? Is that right?

1152. It was pretty close.

 

[D'ultimate]

Your claim seems to be picking any stock on that list would give you something less volatile and at a cheaper price than Apple.

What statement would you like to prove? I was referring to the list in your link, not several pages down on the list that is on a separate page.

Pick the first stock on your link for instance. It has negative earnings per share and is paying out more in dividends than it has the cashflow for. It may be attracting uninformed investors that simply look at the dividend yield and think the dividend is sustainable.

Yes but my original statement was that I'm sure one can find stocks that have a higher yield and cost less. I didn't say the first stock you click on is going to be that stock.

If a person wanted to they could. Clearly you are not one of those.

I'm done with that discussion and back to the larger discussion of the markets, not Apple.