It's not just the Dow, corn, soybeans, both fat cattle, and feeder cattle have tanked.

Buckle up men, it looks like a bumpy ride.

If American companies hadn't sent all their manufacturing offshore, this wouldn't be an issue unless the bug reached here in epidemic proportions. Maybe this will turn out to be a needed wakeup call.

I'm glad our fat cattle are sold. Like Bug Bunny, "Not the first time this sort of thing has happened to me."

The market is global. With China essentially shut down, this is to be expected. Once the virus furor calms, and China reopens, things will rebound quickly. Figure it will settle soon, ride low through March and then start the climb back up. come fall it will be back to business as usual so won't be an issue for election season.

Big news here a few years ago......grain theft. Lot's of angles to the story, but here's what really happened.....one of the largest farming operations in the area, a family operation, had a druggie family member who loaded out several semi loads of grain at night, with the help of another man. Sold the grain, for about half of what it was worth, to a farmer in a neighboring county, who was also in the drug business.

When the story broke in the media, someone who was a very small part of the theft got the blame, as both guilty parties had enough clout to keep the names of the real culprits out of the news. The whole thing was finally swept under the drug by the head of the family who lost the grain, to make sure that his sisters druggie son didn't go to jail.

I don't know, I feel this could all blow over once we decide that (hopefully), it's NOT going to wipe out civilization. Look at it this way, on the flip side, if I'm wrong, we'll have bigger fish to fry than the stock market, right?
I DO really feel that the media AND the Dems are hyping this for all it's worth, intentionally so to torpedo Trump, which I also feel it will NOT do.

I just looked, down another 900! Caty bar the door!

When our markets crash, the world markets will follow.

Won't take many days at a 1000 points per day...

One bad day, I got so depressed I jumped out the window. As luck would have it, I was in the basement at the time.

I see Dems who have tried everything to get rid of President Trump - and failed. The media is going hysterical over the DOW plunging and corona virus. Is it all just another attempt to take out the President? Personally, I think it is.

This is a complete unknown. Virus is unknown and what it will do to the world markets when this closes borders and disrupts supply chains

Line up and make your bets. Fortunes will be made and lost. I am starting to get interested in stocks again now we are pulling away from the insane levels we were at.

They never waste a good tragedy.

Short term, the worse it gets, the worse it gets.

Not everything is a conspiracy...sometimes schitt just happens.

All fiat dreams anyway

Spoke to my bud yesterday-he is a pretty big lumber exporter[primarily China].

His customers in China told him that factories in the furniture industry[near Wuhan] had started getting back up and running this week.

Then why is every democrat that can get a TV camera to video them, standing there pushing the panic and blaming Trump?



I don't see republicans doing that.

Must be a partisan crisis....

The NYSE needs a ten run rule like Little league baseball.

As real as the Real Coke taste of Diet Coke.

I think generally in a correction, you see heavy selling, a dead cat bounce, more selling, panic and capitulation with a really big down day. I don't think we have even hit the dead cat bounce yet. But I'm not trader, and generally have done better in real estate than stocks. Right now I'm in a cash position, not sure what I will do next besides watch.

Enjoy the show. My plan is this: watch, horde cash, and buy the best 5 stocks with a dividend when things are at a price I like. I am staying out of energy stocks as tempting as they might get.

The VIX (volatility index) just shot up to its second highest reading in 20 years. Usually, that's a sign the selling is close to over - at least for awhile.

Energy stock have issues, my guess is the high dividend's will be cut soon, After that happens they might get interesting for the long haul.

My wife's money is in the hands of a professional trader, so it's out of my hands both ways. At worst, our capital gains tax next year will be really tiny!

We've been thru worse. 2000, 2007-2008, 2015, 2018, ect. Its always scary and its always come back. Still not fun! There were lots before the dates that I listed and I was in some of them but didn't follow it as closely as I do now.

This comes at a bad time for me, or rather my father, because I'm in the process of selling his stock to keep him in the LTC facility. Gonna cost him a few thousand most likely, depending on when the sales go through. On the other hand, it's really Monopoly money if he ends up broke and on Medicaid. All gone is all gone, no matter what you start with. His stocks are less affected than most, but a falling tide takes everything down.

October 87 was a dozy, I don't think this much down.

We've had investments since the DOW was at 800. Saw at least three major downturns in the decades since, and never bailed. It has come back - WAY back - every time. We've long ago taken out more than we ever put in to fund things like college and weddings and we're still solid for the rest of our lives. Unless everything collapses, we're fine. And if it does, we're no worse off than anyone else.

This is worse than 87, or 9-11. be brave folks.

It does.

The big thing to realize is that’s this is an election year. So, let her fall, but, and a good chance exists a stimulus package+rate cuts will give a nice bounce.

Good way to make some money.

Just made my first downturn purchase. A regional bank that I already owned.
CEO made a hefty purchase yesterday so I scooped a little more up while it's off.

Buying opportunity

Why is market volatility even a thing for anyone? If downs and ups scare you, then you shouldn't be in stocks. Invest in good companies and hold for the long-term. Profit is guaranteed. We're still probably twice as far ahead as we would be if Hillary had gotten elected. Why worry?

Why do you have to be scared to pull your money out downturns are opportunities too. You can increase buying power significantly in times like these. Money sitting on the sidelines during times like these is just as if not more valuable than money in the market during good times. Buy low sell high is the game. Letting it ride is a good way to get a 7-10% annual return over long term. However that comes with a ceiling.

Pretty funny that Trump initially blamed the selloff on the Democratic debate. Now Donnie Jr is saying on Fox that the Dems are hoping that the virus comes here and kills millions of people so we can get rid of Trump. Sorry, that's just weird. Now that Pence is "in charge" I feel a whole lot better.

I don't know where the bottom is. The virus seems to be on the upswing, so I expect the markets will continue to fall in the near term. We're down about 11% so far on our investments, but luckily have enough in checking to live comfortably for several years. Being debt free is nice.

Its worse as far as what? The Dow is at 25,400. it was at 19,100 when Trump won the election. A 10,000 point jump in 3-1/2 years is begging for a correction.

I agree with you, with the caveat, you need diversity in your holdings, and buy reputable companies.

Monday morning should be tell us a lot.

Looks like a possible sizable outbreak in Washington , so I expect a a$$ wippin is coming next week.

You are considering yourself a better market timer than millions of other people out there, including professionals who do it for a living with the greatest technology on the planet. No one beats the market over time other than blind luck. Get in touch with Gamblers Anonymous.

So what you are saying is that the people who bought near the bottom in 2009 are no better off then than who bought at 12-18k, rode it down, and back up again? You don’t have to find the exact bottom but you can sure get in the ballpark.

I know plenty of people who are rather good at buy low, sell high. When I feel things are near the bottom I will pick up 10k worth of vti for the long term. I just bought some investment property that I need to renovate so I will be a bit cash poor for this opportunity.

They say, It's an ill wind that blows no one good.

You'd probably bounce a 20 dollar check.

Uh oh, you got me. My wife writes the checks around here. Guessing you're a dumbass cracker, which means you're a Trumper. Good luck with that.

Oh, honey.


Your hair looks fine...........

And yours looks like sh*t. Just like the rest of you. Are you morbidly obese or just plain obese?

"wife'? ha ha. Does your tranny know you call him that? Guarantee you play the"bottom bish" in that relationship

Id pay a $100 to see Piddles call Jim fat to his face.

Matthew 6:33, still works for me Richard,

Put all of my 401k in fixed income early last week. Still lost $60k.
I’ll jump back in after a) the virus runs through the US or b) a vaccine is found. I don’t think the market will stop falling until then.

Remember when Bill Clinton and the liberals wanted free trade well that`s why the stock market is a mess now. President Trump will fix it in time and it will come back . hopefully America has learned its lesson with free trade ? > it should be always equal trade or even a little advantage to Americans ?

So you have been holding 10k on the sideline somewhere doing nothing for how long?

It is not statistically possible to beat the market average over time among a broad swath of people. In order to "buy at the bottom" means that one was holding cash on the sidelines somehow, and rarely does cash gain in value while parked. So by holding out for awhile, the investor lost their chance to buy MORE shares and ride them HIGHER, then able to hold on and ride down and back out again.

It's just math. Unless you're better than all the other people on average over time, but alas that's called narcissism, a most common trait among gamblers.

I’m sure you prefer skinny little boys, but Jim’s what real man looks like.

Her old man musta turned her out again eh Stormin?

It’s pretty much a guarantee that you post something on every thread which makes little sense and lacks substance. You will be to 30k posts in no time, nice.

Thanks for the encouragement. Its tough to stay motivated sometimes.

It apparently is not difficult to be better than the average of MOST other people over time.

I sure as hell am no gambler. I refuse to even buy a lottery ticket. The state takes a cut of every dollar that crosses the table.

I wish I had known twenty years ago what I know now. But I was not knowledgeable enough to recognize the bubble of 2000-2001.

I was young and just getting started with my 401 K. I had $60K in Putnam funds. I sat on the sidelines and watched it dwindle to $15K. I kept thinking "It'll come back. It'll come back". And it almost did by mid 2007.

2007 started looking like a bubble to me again, so I moved my funds (Prudential now) into stable value, where they sat safely through 2008 while my friends were crying about losing $thousands and $tens of thousands through the months.
Did I pick the highest moment in history to sell? Probably not. But I did not miss it by much.

Did I buy back into stocks at the absolute minimum in early 2009. No, but again, I did not miss it by much.

The bottom line is: Do I have more money in my accounts today because I recognized the signs of unsustainable growth and reacted to them? Absolutely.

Once again it has been easy to recognize the signs of unsustainable growth over the last year. A correction had to be coming. All it needed was a trigger. Economic slowdown in China is a hell of a trigger.

It did not take an Albert Einstein to know it was time to sell stocks by Feb 15 of '20.

Yes, I missed the peak by 2%. I should have put in the sell order for Friday instead of Monday the 24'th. But I sure as heck am not complaining. I will have a lot more cash with which to repurchase stocks in Nov, than if I had just "let it ride".

This is not gambling. This is just common sense.

Yeah, okay... How much do you have invested in the market?

Why wouldn't every other person be doing close to the same then? Especially large investors and stock fund managers? You're not seeing the forest for the trees. Did you ever think that maybe you just got lucky in timing 2007 rather than it being "uncommon" sense?

I have done fairly well in life by tuning out the “can’t time the market” crap. Buying low and selling high has worked fine for the market, real estate, and fishing assets. Keeping money tied up “waiting” has zero appeal to me. Way to many opportunities.

Okay

Those large investors and fund managers did so. Otherwise there would have been no recession.

Just as they have been doing this last week.

Well it looks like cotton might be a good bet because the estimates on acreage planted this year is down at least 9-10% for total.

If it can make it past global warming it should be nice.

I didn't call poor Jim fat. I just asked him if he was morbidly obese, which is the medical term for a BMI>40, or just regular obese, BMI>30. He has to be one or the other, given that he's a fat, stupid POS.

This Covid 19 will be interesting to watch, especially with Pence in charge. I feel so much better. I'm down about $440 K since 2/17, can't wait for tomorrow. What, me worry? Pence will save me.

Hmmmm.....The market seems to be speaking.
It's just one day so who knows?

I've seen you post you where down 11% else where. If that equals $440K that means you would have over $4 million invested in stock market. Only an idiot wouldn't of had that better managed to lose that much with what has been going on in past month. An idiot or a keyboard liar. The amount of money that should have been made in the last three years compared to the disaster of the eight years preceding has made you a rich man thanks to Trump. Talk about biting the hand that feeds you. Wow.

I thought with certainty the market would be down today, I was clearly wrong.

Though I'm thinking dead cat bounce with the spike today.

I planned on buying VXUS and bought 8 shares today, I don't have enough international so it works out well it's near 52wk lows.

Trump is taking credit for Obama's economy. Trump never, ever has done anything remotely positive for anybody but himself. Can't, because he's too stupid. The stock market increases have maintained the trend established by the later years under Obama. The tax cuts have made a contribution, also, but at the cost of blowing up the deficit.

I maintain a high percentage of my investments in index funds, and will for the foreseeable future. I'm okay with volatility, up 4% today. Doing just fine, thanks.

Obama "Unless he's got a magic wand, those jobs are never coming back."
Well, I didn't see Trump waving a magic wand, but looks like the economy took off and the jobs are coming back, no thanks to Obama's positive Democratic take on things. Eight years and absolutely nothing done to improve life for the average working man during eight years under Obama's Democratic reign.

Paddler, nobody as fuqking dumb as you has 4 million in the stock market, you lying sack of sheit.

Wrong.

You're right. That was a rough estimate, the total is a fair amount more. Just didn't want to make y'all feel bad. But I will point out that my success is because I base my decisions on facts and good information. I don't listen to Fox, Hannity, Rush (may he RIP), as doing so is bad for your physical, mental and financial health. Remember, Rush is the one that denied a link between smoking and cancer. Joke's on him, especially since the link was proven in the 1950's.

No one doubts that. He is a lying Russian troll.

This Paddler broad is probably married to a Nigerian prince.

Are you assuming her gender



It looks like yesterday's rally was a dead cat bounce ... meow . Hang on to your hats.