It's hard for me to tell whether this is just a "correction" (massive deflation after exuberance) or an actual meltdown. I had predicted the actual meltdown for September of 2015, but I guess this is pretty close. I wonder how this will affect my life, if at all. "The New York Stock Exchange said it will halt trading for 15 minutes if the Standard & Poor’s 500 Index drops 7 percent." [0] How is it fair that the marke…
Stocks Off Sharply as Market Upheaval Grows
41–50 of 433 posts
Re: Stocks Off Sharply as Market Upheaval Grows
#42It's hard for me to tell whether this is just a "correction" (massive deflation after exuberance) or an actual meltdown. I had predicted the actual meltdown for September of 2015, but I guess this is pretty close. I wonder how this will affect my life, if at all. "The New York Stock Exchange said it will halt trading for 15 minutes if the Standard & Poor’s 500 Index drops 7 percent." [0] How is it fair that the marke…
Re: Stocks Off Sharply as Market Upheaval Grows
#43It's hard for me to tell whether this is just a "correction" (massive deflation after exuberance) or an actual meltdown. I had predicted the actual meltdown for September of 2015, but I guess this is pretty close. I wonder how this will affect my life, if at all. "The New York Stock Exchange said it will halt trading for 15 minutes if the Standard & Poor’s 500 Index drops 7 percent." [0] How is it fair that the marke…
"I had predicted the actual meltdown for September of 2015, but I guess this is pretty close. I wonder how this will affect my life, if at all." If you predicted it, then it should at least make you rich? :)
This cognitive fallacy of "I knew" and "I was saying it long ago" etc... really irks me.
Especially in something like stocks you are 100% right, put your money where your mouth is and spare us the story of your grand predictive prowesses.
Re: Stocks Off Sharply as Market Upheaval Grows
#44Oh look, an opportunity to buy.
For me, the situation is such a mess that I don't think we're close yet to what I would consider a buying opportunity.
One saying is "buy when there's blood in the streets"... but I don't think we're there yet.
Downvoted and slow banned. Why do I even contribute to this site?
Re: Stocks Off Sharply as Market Upheaval Grows
#45I'm assuming the Fed will not raise interest rates now.
Re: Stocks Off Sharply as Market Upheaval Grows
#46Broadly speaking the US economy is quite healthy and people were expecting a correction in the stock market for some time. Within tech, it will have some negative impact on the plans of some companies as it will be harder to get lofty valuations based on 'fluff'... during such times investors want to see hard facts and real results to back-up value--but that's a broader trend thats been slowly developing for some tim…
In reality, it's the exact opposite of "quite healthy". Here's a good overview of what's up: http://www.oftwominds.com/blogaug15/bear8-15.html
Re: Stocks Off Sharply as Market Upheaval Grows
#47It's hard for me to tell whether this is just a "correction" (massive deflation after exuberance) or an actual meltdown. I had predicted the actual meltdown for September of 2015, but I guess this is pretty close. I wonder how this will affect my life, if at all. "The New York Stock Exchange said it will halt trading for 15 minutes if the Standard & Poor’s 500 Index drops 7 percent." [0] How is it fair that the marke…
Re: Stocks Off Sharply as Market Upheaval Grows
#48It's hard for me to tell whether this is just a "correction" (massive deflation after exuberance) or an actual meltdown. I had predicted the actual meltdown for September of 2015, but I guess this is pretty close. I wonder how this will affect my life, if at all. "The New York Stock Exchange said it will halt trading for 15 minutes if the Standard & Poor’s 500 Index drops 7 percent." [0] How is it fair that the marke…
"I had predicted the actual meltdown for September of 2015, but I guess this is pretty close. I wonder how this will affect my life, if at all." If you predicted it, then it should at least make you rich? :)
It's more of a morbid curiosity for me.
Re: Stocks Off Sharply as Market Upheaval Grows
#49Re: Stocks Off Sharply as Market Upheaval Grows
#50Broadly speaking the US economy is quite healthy and people were expecting a correction in the stock market for some time. Within tech, it will have some negative impact on the plans of some companies as it will be harder to get lofty valuations based on 'fluff'... during such times investors want to see hard facts and real results to back-up value--but that's a broader trend thats been slowly developing for some tim…
Interested to know which statistics you based this opinion of the US economy being "quite healthy" on. Anything deeper than top level unemployment rate?