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Stock Market: Correction or Crash?

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  • macdon02
    Senior Member
    • Sep 2007
    • 1858

    #11
    No bounce on close, collateral damage coming as good assets get sold to make margin call?

    Comment

    • errolanderson
      Senior Member
      • Jan 2012
      • 3124

      #12
      Keynesian (central bank) bubble just exploded in the market stratosphere this afternoon. 1,600 point drop, the largest daily drop ever . . .

      https://www.cnbc.com/2018/02/05/dows-nearly-1600-point-plunge-marks-its-biggest-one-day-point-drop-ever.html

      Comment

      • macdon02
        Senior Member
        • Sep 2007
        • 1858

        #13
        As a sadistic contrarian I'm foaming at the mouth on grains

        Comment

        • farming101
          Senior Member
          • Mar 2011
          • 3953

          #14
          A record no doubt, I wonder how much value was taken off the books today.
          Percentage wise it doesn't crack the top 20

          Comment

          • dmlfarmer
            Senior Member
            • Nov 2008
            • 1814

            #15
            Originally posted by farming101 View Post
            A record no doubt, I wonder how much value was taken off the books today.
            Percentage wise it doesn't crack the top 20
            CNBC reports $1 trillion has been trimmed from stock market since Feb 1. And while today's drop does not make top 20 in percentage terms, if you add the loss from last Friday when the selloff really started, it ranks as 17th largest percentage loss in history. Unfortunately, it is not likely over.

            Comment

            • 15444
              Senior Member
              • Feb 2000
              • 2112

              #16
              I'll wait until the brokers start jumping off the rooftops. Then maybe something interesting will be happening.

              Comment

              • Guest

                #17
                this must be trumps fault , no ?

                Comment

                • AlbertaFarmer5
                  Senior Member
                  • Oct 2010
                  • 12482

                  #18
                  Originally posted by caseih View Post
                  this must be trumps fault , no ?
                  If I'm not Trump, then Certainly it must be the fault of global warming. After all everything else has been blamed on that

                  Comment

                  • Guest

                    #19
                    well they did say it would crash when trump got in , the part they missed is that it would nearly double first , lol. but yes surely it is because of global warming (that didn't work out , so mustnt call it that anymore ) , er , I mean , climate change , er no, accelerated climate change . surely the. coming spring will be a sure sign of accelerated climate change . colder than Siberia out here but I realize that's just weather , now
                    wonder why that hot spell that Ontario and Quebec had in the fall was a sure sign of global warming according to the climatards???? saw it right on national news
                    Last edited by Guest; Feb 5, 2018, 19:09.

                    Comment

                    • Rareearth
                      Senior Member
                      • Aug 2012
                      • 1617

                      #20
                      So if money’s coming out of the stock market does that mean it’s going to come back into commodities?
                      Hope so.

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