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Register Log In Home Forums Trapper Talk DOW headed to 1,000 point drop

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Re: DOW headed to 1,000 point drop [Re: Canvasback2] #6789530 03/02/20 09:58 AM 03/02/20 09:58 AM
Joined: Oct 2007 Posts: 4,460 havelock, NC Rye trapper
Rye trapper Joined: Oct 2007 Posts: 4,460 havelock, NC	"T" is more like a bond.. pays decently and has it's ups an downs but is fairly stable. Ford isn't a bad look at this price for the same reasons. "Don't go around saying the world owes you a living; the world owes you nothing; it was here first. " --Mark Twain.

Re: DOW headed to 1,000 point drop [Re: Rye] #6789547 03/02/20 10:27 AM 03/02/20 10:27 AM
Joined: Mar 2007 Posts: 35,167 McGrath, AK W white17 "General (Mr.Sunshine) Washington"
white17 "General (Mr.Sunshine) Washington" W Joined: Mar 2007 Posts: 35,167 McGrath, AK	Originally Posted by Rye White things are leveling off now. I doubt there will be another drop today. Monday on the other hand is a long way away. 5 minutes to the opening bell and it looks like an up day..........until someone sneezes. Beware ISM at 10 a.m ET Mean As Nails

Re: DOW headed to 1,000 point drop [Re: Canvasback2] #6789550 03/02/20 10:32 AM 03/02/20 10:32 AM
Joined: Jan 2009 Posts: 6,683 PA G gryhkl trapper
gryhkl trapper G Joined: Jan 2009 Posts: 6,683 PA	Who was the investor that said the best time to buy is when there is blood on the streets?

Re: DOW headed to 1,000 point drop [Re: white17] #6789554 03/02/20 10:39 AM 03/02/20 10:39 AM
Joined: Oct 2007 Posts: 4,460 havelock, NC Rye trapper
Rye trapper Joined: Oct 2007 Posts: 4,460 havelock, NC	Originally Posted by white17 Originally Posted by Rye White things are leveling off now. I doubt there will be another drop today. Monday on the other hand is a long way away. 5 minutes to the opening bell and it looks like an up day..........until someone sneezes. Beware ISM at 10 a.m ET Watching with my pick list in hand. "Don't go around saying the world owes you a living; the world owes you nothing; it was here first. " --Mark Twain.

Re: DOW headed to 1,000 point drop [Re: Canvasback2] #6789566 03/02/20 11:05 AM 03/02/20 11:05 AM
Joined: Mar 2007 Posts: 35,167 McGrath, AK W white17 "General (Mr.Sunshine) Washington"
white17 "General (Mr.Sunshine) Washington" W Joined: Mar 2007 Posts: 35,167 McGrath, AK	ISM = 50.1 A real squeaker !! Could go either way Mean As Nails

Re: DOW headed to 1,000 point drop [Re: Canvasback2] #6789570 03/02/20 11:11 AM 03/02/20 11:11 AM
Joined: Apr 2014 Posts: 7,084 MO cfowler trapper
cfowler trapper Joined: Apr 2014 Posts: 7,084 MO	Watching to see if this start is the momentum created near the close Friday. Lot of banking influence in some overseas markets before we opened this morning. Blood in the streets. Still a ways to go before that could occur. Big capital still sitting on the sidelines. Just a lil nose-bleed last week. I trap for fun. I skin 'em for the money! Grinners For Life-Lifetime Member, MO Chapter, Den #1 ~You Grin, You're In~

Re: DOW headed to 1,000 point drop [Re: white17] #6789577 03/02/20 11:26 AM 03/02/20 11:26 AM
Joined: Dec 2011 Posts: 10,359 MT S snowy trapper
snowy trapper S Joined: Dec 2011 Posts: 10,359 MT	Originally Posted by white17 ISM = 50.1 A real squeaker !! Could go either way There is many indicators in the financial world that may or may not dictate the markets on any given day. Ag, Travel, Oil etc. etc. just a small field on indicators to create a full picture. With that said, indicators are just that no one can predict the markets totally. China’s official Purchasing Managers’ Index (PMI) fell to a record low of 35.7 in February from 50.0 in January 2020. The PMI is as important to follow as any and global economy's. Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime

Re: DOW headed to 1,000 point drop [Re: Canvasback2] #6789579 03/02/20 11:30 AM 03/02/20 11:30 AM
Joined: Apr 2014 Posts: 7,084 MO cfowler trapper
cfowler trapper Joined: Apr 2014 Posts: 7,084 MO	PMI's are definitely top of the list watchers. Freight indexes another. For me anyways. I trap for fun. I skin 'em for the money! Grinners For Life-Lifetime Member, MO Chapter, Den #1 ~You Grin, You're In~

Re: DOW headed to 1,000 point drop [Re: Canvasback2] #6789594 03/02/20 11:56 AM 03/02/20 11:56 AM
Joined: Jun 2012 Posts: 3,833 KY.usa rex123 trapper
rex123 trapper Joined: Jun 2012 Posts: 3,833 KY.usa	Heard this morning some trading platforms have crashed so people can't access their accounts.

Re: DOW headed to 1,000 point drop [Re: rex123] #6789620 03/02/20 12:22 PM 03/02/20 12:22 PM
Joined: Mar 2007 Posts: 35,167 McGrath, AK W white17 "General (Mr.Sunshine) Washington"
white17 "General (Mr.Sunshine) Washington" W Joined: Mar 2007 Posts: 35,167 McGrath, AK	Originally Posted by rex123 Heard this morning some trading platforms have crashed so people can't access their accounts. I am seeing crossed and locked spreads on some options series Mean As Nails

Re: DOW headed to 1,000 point drop [Re: Canvasback2] #6789624 03/02/20 12:33 PM 03/02/20 12:33 PM
Joined: Jan 2008 Posts: 9,193 Alaska and Washington State W waggler trapper
waggler trapper W Joined: Jan 2008 Posts: 9,193 Alaska and Washington State	It seems that the market wants to go back up. The big sell-off seems to be due to concern over "what-ifs" not on the current fundamentals of the overall economy. Just my opinion. "My life is better than your vacation"

Re: DOW headed to 1,000 point drop [Re: Canvasback2] #6789625 03/02/20 12:35 PM 03/02/20 12:35 PM
Joined: Mar 2007 Posts: 35,167 McGrath, AK W white17 "General (Mr.Sunshine) Washington"
white17 "General (Mr.Sunshine) Washington" W Joined: Mar 2007 Posts: 35,167 McGrath, AK	We could also be seeing the market go up based on shorts unwinding their positions Mean As Nails

Re: DOW headed to 1,000 point drop [Re: Canvasback2] #6789629 03/02/20 12:41 PM 03/02/20 12:41 PM
Joined: Dec 2011 Posts: 10,359 MT S snowy trapper
snowy trapper S Joined: Dec 2011 Posts: 10,359 MT	^ there was a lot of buying last Friday as things went south. Buying or selling has a huge implications for the direction of markets. That is why when investors panic sell and see some clouds in the sky they jump ship, creates a false market in a sense. I'm still watching the storm, not in any hurry to make a move yet. If it drops under 25K I might then get my feet muddy then. I want the lowest I think I can buy to reap the largest gains for the long haul. Last edited by snowy; 03/02/20 01:08 PM. Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime

Re: DOW headed to 1,000 point drop [Re: Canvasback2] #6789631 03/02/20 12:44 PM 03/02/20 12:44 PM
Joined: Mar 2013 Posts: 17,023 Fredonia, PA. Finster trapper
Finster trapper Joined: Mar 2013 Posts: 17,023 Fredonia, PA.	I'll bet it closes up for the week..... way up.... I BELIEVE IN MY GOD, MY COUNTRY AND IN MYSELF.

Re: DOW headed to 1,000 point drop [Re: Canvasback2] #6789644 03/02/20 01:03 PM 03/02/20 01:03 PM
Joined: Mar 2012 Posts: 3,693 Nevadafornia L Lazarus trapper
Lazarus trapper L Joined: Mar 2012 Posts: 3,693 Nevadafornia	https://www.foxbusiness.com/markets Way up. Last edited by Lazarus; 03/02/20 01:03 PM.

Re: DOW headed to 1,000 point drop [Re: gryhkl] #6789653 03/02/20 01:25 PM 03/02/20 01:25 PM
Joined: Sep 2013 Posts: 10,404 Northeast Oklahoma M Mike in A-town trapper
Mike in A-town trapper M Joined: Sep 2013 Posts: 10,404 Northeast Oklahoma	Originally Posted by gryhkl Originally Posted by Green Bay I think this is going to get a lot worse before it gets better. Supply chains are in dissarray around the world. Is there anyway the virus can arrive on packages that are shipped from places most effected by it? I guess it depends... http://jamaicahospital.org/newsletter/how-long-can-viruses-live-outside-the-body/ Mike One man with a gun may control 100 others who have none. Vladimir Lenin

Re: DOW headed to 1,000 point drop [Re: gryhkl] #6789701 03/02/20 02:09 PM 03/02/20 02:09 PM
Joined: Mar 2007 Posts: 35,167 McGrath, AK W white17 "General (Mr.Sunshine) Washington"
white17 "General (Mr.Sunshine) Washington" W Joined: Mar 2007 Posts: 35,167 McGrath, AK	Originally Posted by gryhkl Who was the investor that said the best time to buy is when there is blood on the streets? Baron Rothschild Mean As Nails

Re: DOW headed to 1,000 point drop [Re: rex123] #6789702 03/02/20 02:10 PM 03/02/20 02:10 PM
Joined: Mar 2007 Posts: 35,167 McGrath, AK W white17 "General (Mr.Sunshine) Washington"
white17 "General (Mr.Sunshine) Washington" W Joined: Mar 2007 Posts: 35,167 McGrath, AK	Originally Posted by rex123 Heard this morning some trading platforms have crashed so people can't access their accounts. Some of you may not be able to open this link https://www.barrons.com/articles/ro...d-heavy-volume-51583165342?mod=hp_LEAD_4 Mean As Nails

Re: DOW headed to 1,000 point drop [Re: Canvasback2] #6789843 03/02/20 05:01 PM 03/02/20 05:01 PM
Joined: Sep 2011 Posts: 2,582 sometimes PA sometimes ME E ebsurveyor trapper
ebsurveyor trapper E Joined: Sep 2011 Posts: 2,582 sometimes PA sometimes ME	close +5..09% Last edited by ebsurveyor; 03/02/20 05:14 PM.

Re: DOW headed to 1,000 point drop [Re: Canvasback2] #6789845 03/02/20 05:03 PM 03/02/20 05:03 PM
Joined: Mar 2007 Posts: 35,167 McGrath, AK W white17 "General (Mr.Sunshine) Washington"
white17 "General (Mr.Sunshine) Washington" W Joined: Mar 2007 Posts: 35,167 McGrath, AK	Pretty active day for sure Mean As Nails

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