US stocks plunge in early trading (Nasdaq down 3.6%, Dow Jones down 530 points)

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That's a nice stat, and somewhat surprising, given that market of just a few years ago. Sure enough, the highest drop (in the past 30+ years) at open was 9/25/1986, down 1.88%.

Still, in the height of the panic of 2008, the markets were losing 8 and 9 percent per day at close. Of course, the grand-daddy of them all was Black Monday in 1987 (10/19), where the S&P lost 20.47% in one day (opened flat). At least through the first half-hour of the trading day, today does not appear to be heading in that direction.
 
Shit, I didn't think about this. I wanted to take out some money for my upcoming wedding. I can wait a few more weeks though, hopefully there will be some recovery.
 
This is nothing for the US.

You should look at global markets. Spain and France are totally screwed right now and the Yen is going crazy high at the moment. Asian markets are booming and most of Europe is boned.

We here in the US will barely feel anything. Don't go crazy, now.
 
This ain't shit. .
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then it's checkers?

on the bright side.. you're not the only one, MIB went in the red as well..
 
I didn't make much in Gold because I bought at kinda the wrong time a few days ago, I'm still up but man did it drop since the market opened.

Should I hold on to Gold or sell now? You guys think Gold can rally on Monday and beyond?
 
I didn't make much in Gold because I bought at kinda the wrong time a few days ago, I'm still up but man did it drop since the market opened.

Should I hold on to Gold or sell now? You guys think Gold can rally on Monday and beyond?


I have no position left as of 10:00 EST, but do not take this as advice.

Nothing but a blip in us markets. Thanks, Yellen.

That is what happens when you have a Fed Chair who goes it alone and says fuck it to the IMF, Congress, and the EU Bank.
 
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