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Stock Market selling off big time!

I would hardly call a 2% sell-off "big time". Hell, it's not even a correction.

But even if the worst happens and we hit a recession, that would be nothing more than normal. the market is cyclical.
 
Why do you think the FED is responsible for Chinese economic and monetary policy?

Personally i rejoice this (much needed) correction. Emerging markets have given investors immense returns in the last 5 years, and at some point a correction was due. The fact that Chinese authorities are not willing to let the economy over-heat is very good news. Today it causes a correction, but it also allows these market to have a healthy growth for many years to come instead of just ending in a bubble.

Personally I think in the next week we'll have many interesting buying opportunities for those who were left behind and hadn't a chance to jump on the emerging markets train.
 
whoooooooooooooaa!!!



That's insane. That happened in......what..........10 minutes time??


From 300 down to 500???


Let the window-jumping begin.........(grabs lawn chair & popcorn) 😀
 
Something big is happening biggest stock crash since 9/11.... Prepare for another great depression if it keeps on falling.
 
Originally posted by: nullzero
Something big is happening biggest stock crash since 9/11.... Prepare for another great depression if it keeps on falling.
Click to expand...

You seem to be wishing for something so awful. Typical.
 
I was just repeating what Greenspan said, and I wasn't happy to hear him say it. Just saying it probably caused a good chunk of the drop. Hopefully it will bounce back. HOLY CRAP down 441!?!!??!?
Nice.
 
small rally, must be guys trying to get stocks cheap.

424 the last I saw.

edit:
420
395

can I get a 370 anybody, a 370?

362

Can I get a 345?

We got a 332 in the back, can I get a 315?
 
Originally posted by: Genx87
small rally, must be guys trying to get stocks cheap.

424 the last I saw.

edit:
420
395

can I get a 370 anybody, a 370?
Click to expand...


376

On a side note, anyone here watch Wall Street Warriors?

Edit- 360, wow
 
Originally posted by: Genx87
Originally posted by: nullzero
Something big is happening biggest stock crash since 9/11.... Prepare for another great depression if it keeps on falling.
Click to expand...

You seem to be wishing for something so awful. Typical.
Click to expand...

No Im not wishing just my humble opinion of the problems lurking in the background.
 
Fortunes are being made AND lost today. The volatility and volume are intense. It's amazing and beautiful thing.
 
Originally posted by: nullzero
Originally posted by: Genx87
Originally posted by: nullzero
Something big is happening biggest stock crash since 9/11.... Prepare for another great depression if it keeps on falling.
Click to expand...

You seem to be wishing for something so awful. Typical.
Click to expand...

No Im not wishing just my humble opinion of the problems lurking in the background.
Click to expand...

It's irrational IMO to hope for and expect asset values to always keep rising, and it makes no sense to pin hopes on rising values or to expect disaster from lowering values. Volatility is how money is made trading assets. Buy low, sell high. You can't make money if values are always high. A "correction" in any market is only a disaster for the suckers and the sheep.
 
Volality is great if you are on the right side hehe. I have been doing some trading today picked up some IMOS and SILC at discount. Im buying some stocks when there is blood in the streets. I was to emotional earlier with my asumption if it kept dropping it would lead to a great depression, when I posted that the market was in free fall mode with no bottom in sight but seems to have stabalized to a degree as of late.
 
The VIX is up 58% today! Talk about volatility, only thing on my screen green and up alot today was QID +7% (ultra short on the QQQQ)
 
That's a volatility index. And this afternoon has been one of the most amazingly volatile I have ever seen.

Note the bond market too. They boomed big-time.
 
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