Forums59
Topics1,059,276
Posts14,317,175
Members144,648
|
Most Online39,925 Dec 30th, 2023
|
|
The Dow , how low will it go
#13484007
03/23/20 02:41 PM
|
Joined: Oct 2001
Posts: 15,709
Mo
OP
TFF Guru
|
OP
TFF Guru
Joined: Oct 2001
Posts: 15,709 |
How much more will it drop ?
Are you buying ? Waiting ? Avoiding all together ?
MO
 MY BACKYARD , 20,000 ACRES , NO MOWING
|
|
Re: The Dow , how low will it go
[Re: Mo]
#13484017
03/23/20 02:47 PM
|
Joined: Jun 2005
Posts: 33,705
lanman71
Maroon!
|
Maroon!
Joined: Jun 2005
Posts: 33,705 |
As Fouz says, never try to catch a falling knife.
What a maroon!
|
|
Re: The Dow , how low will it go
[Re: Mo]
#13484025
03/23/20 02:50 PM
|
Joined: May 2007
Posts: 45,513
WAWI
TFF Guru
|
TFF Guru
Joined: May 2007
Posts: 45,513 |
Part of the issue is gonna be people holding cash, I have alot in the market, i have lost alit as I'm not gonna sell, as a business owner i am sitting on all available cash cause i dont know how long the storm is gonna last.
|
|
Re: The Dow , how low will it go
[Re: Mo]
#13484051
03/23/20 03:00 PM
|
Joined: Sep 2011
Posts: 466
Tommy2268
Angler
|
Angler
Joined: Sep 2011
Posts: 466 |
Buying on the way down. Thursday's unemployment claims will drive the markets down, IMO.
|
|
Re: The Dow , how low will it go
[Re: Mo]
#13484097
03/23/20 03:26 PM
|
Joined: May 2008
Posts: 3,932
donothin
TFF Team Angler
|
TFF Team Angler
Joined: May 2008
Posts: 3,932 |
Only has to go down another 5,000 pts to be at 50% of the high. Wouldn't be surprised to see it get there with unemployment numbers and the earning reports that will look dismal. The stimulus pkg will help if ever passed but it is not the solution. Most interesting dynamic I have seen in my 80 years.
|
|
Re: The Dow , how low will it go
[Re: Mo]
#13484238
03/23/20 05:04 PM
|
Joined: May 2011
Posts: 1,063
R.J.E.
Extreme Angler
|
Extreme Angler
Joined: May 2011
Posts: 1,063 |
I give it one year to be back to normal, once this virus starts to go away the market's going to take off like crazy.
|
|
Re: The Dow , how low will it go
[Re: Mo]
#13484333
03/23/20 06:01 PM
|
Joined: Apr 2008
Posts: 45,782
CCTX
mapquest
|
mapquest
Joined: Apr 2008
Posts: 45,782 |
Viruses do not just “go away”. It’s here to stay Even with the flu vaccine, people still get the flu
Going forward, people need to be healthier and more hygienic.....and more careful with their money and resources
|
|
Re: The Dow , how low will it go
[Re: R.J.E.]
#13484337
03/23/20 06:03 PM
|
Joined: Jul 2005
Posts: 23,785
Hard Rain
TFF Guru
|
TFF Guru
Joined: Jul 2005
Posts: 23,785 |
I give it one year to be back to normal, once this virus starts to go away the market's going to take off like crazy. My financial planner says on average it is a 2 year recovery turnaround.
|
|
Re: The Dow , how low will it go
[Re: CCTX]
#13484338
03/23/20 06:04 PM
|
Joined: Nov 2009
Posts: 41,116
Dan90210 ☮
Jr Deputy Dan
|
Jr Deputy Dan
Joined: Nov 2009
Posts: 41,116 |
Viruses do not just “go away”. It’s here to stay Even with the flu vaccine, people still get the flu
Going forward, people need to be healthier and more hygienic.....and more careful with their money and resources Excellent points Doc! And how many guys on here every year say they don't take a flu shot? About half. We get what we deserve. Wonder how many of those same guys would be lined up to get the vaccine for the corona
|
|
Re: The Dow , how low will it go
[Re: Hard Rain]
#13484359
03/23/20 06:21 PM
|
Joined: May 2007
Posts: 45,513
WAWI
TFF Guru
|
TFF Guru
Joined: May 2007
Posts: 45,513 |
I give it one year to be back to normal, once this virus starts to go away the market's going to take off like crazy. My financial planner says on average it is a 2 year recovery turnaround. Planners are talking out their arse, none of them know anything, if they did they would have told you to get out in jan.....
|
|
Re: The Dow , how low will it go
[Re: Mo]
#13484438
03/23/20 07:02 PM
|
Joined: May 2008
Posts: 3,932
donothin
TFF Team Angler
|
TFF Team Angler
Joined: May 2008
Posts: 3,932 |
They don't know it all, but they grasp probabilities and not so much absolutes
|
|
Re: The Dow , how low will it go
[Re: Mo]
#13484447
03/23/20 07:08 PM
|
Joined: Apr 2008
Posts: 45,782
CCTX
mapquest
|
mapquest
Joined: Apr 2008
Posts: 45,782 |
If they knew it all, they wouldn’t be financial planners, but multi billionaires drinking margaritas on their private island and deep sea fishing every day.
|
|
Re: The Dow , how low will it go
[Re: Mo]
#13484451
03/23/20 07:13 PM
|
Joined: Dec 2006
Posts: 2,283
Snakeyes711
Extreme Angler
|
Extreme Angler
Joined: Dec 2006
Posts: 2,283 |
Might bruise 17k in april,but should hopefully level off there(hopefully).Will help if the dems stop c***blocking this latest stimulus bill.
|
|
Re: The Dow , how low will it go
[Re: Mo]
#13484672
03/23/20 10:15 PM
|
Joined: Jan 2007
Posts: 2,288
Techfisher
Extreme Angler
|
Extreme Angler
Joined: Jan 2007
Posts: 2,288 |
I think it might go down another 2K if unemployment keeps rising. That being said I'm watching tech stocks especially those that have anything to do with tele-working software or hardware. I think that sector will grow given how all of us will be a little more leery of close contact going forward with the possibility of this virus making another run at us in the fall. But if I had a clue I would have bought that Apple stock back in the 70's when Woz and Jobs were getting started in the Bay area when I lived there...:)
|
|
Moderated by banker-always fishing, chickenman, Derek 🐝, Duck_Hunter, Fish Killer, J-2, Jacob, Jons3825, JustWingem, Nocona Brian, Toon-Troller, Uncle Zeek, Weekender1
|