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onenote

(42,383 posts)
Thu Jun 6, 2019, 04:05 PM Jun 2019

Remember last Friday when some folks were claiming the market was "crashing"

because it dropped over 300 points? Well, it currently is over 550 points higher than it was BEFORE the so-called "crash".

I point this out as a reminder that the market is volatile and that at its current levels, three digit fluctuations aren't really that dramatic when viewed as a percentage of the total market level. So the next time it drops a few hundred points, I hope folks can resist the temptation to announce that the market is crashing and that the recession is upon us. One day that might be the case, but anyone who thinks they can tell that from a 1 or 2 percent drop in a single day is fooling themselves.

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Remember last Friday when some folks were claiming the market was "crashing" (Original Post) onenote Jun 2019 OP
"I hope folks can resist the temptation to announce that the market is crashing" A HERETIC I AM Jun 2019 #1
It's becoming a predictable pattern. tinrobot Jun 2019 #2
not just tariffs. anytime donald fraud speaks. unblock Jun 2019 #4
you might even think this was planned and certain people were in on it lapfog_1 Jun 2019 #6
Ya think? old guy Jun 2019 #8
dow 40,000 here we come!! buy, buy, buy!!! get in before you miss it!!!! unblock Jun 2019 #3
It is all an insidious plan by nykym Jun 2019 #5
Hartmann has been predicting this for several years now Fullduplexxx Jun 2019 #7

A HERETIC I AM

(24,321 posts)
1. "I hope folks can resist the temptation to announce that the market is crashing"
Thu Jun 6, 2019, 04:10 PM
Jun 2019

LOL! On THIS board? Best of luck!



tinrobot

(10,848 posts)
2. It's becoming a predictable pattern.
Thu Jun 6, 2019, 04:13 PM
Jun 2019

Tariffs are announced against yet another trading partner. Market instantly drops. A short time later, the market rebounds.

I think some people are actually trading on this pattern, which will amplify it a bit.

unblock

(51,974 posts)
4. not just tariffs. anytime donald fraud speaks.
Thu Jun 6, 2019, 04:14 PM
Jun 2019

sell 2 minutes into the speech, buy back 15 minutes later.

lapfog_1

(29,166 posts)
6. you might even think this was planned and certain people were in on it
Thu Jun 6, 2019, 04:20 PM
Jun 2019

selling short just before the 300 point drop and buying back in just before the bump when either the "tariff" is delayed or canceled.

gee I wonder, could it be...

nykym

(3,063 posts)
5. It is all an insidious plan by
Thu Jun 6, 2019, 04:20 PM
Jun 2019

tRUMP and his corrupt court of jesters.
Create a fake emergency make the stock market wobbly.
Buy up huge blocks of stocks, wait till the market jumps back up and
CASH IN!

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