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Hot Topic (More than 10 Replies) Stock market crashing (Read 497 times)
oldhickory60
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Re: Stock market crashing
Reply #10 - 11/09/17 at 18:36:41
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Just a normal selloff of all of this appreciation / profits will be much bigger than 100 pts.

I think the eventual correction will be 5 or 6 K downward.  Even that would leave it high I think.

But it runs on emotions most of the time.  If Trump keeps growing things, it could be a while before exuberance gives way to reality.
  
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USMC1967
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Re: Stock market crashing
Reply #11 - 11/09/17 at 19:12:07
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oldhickory60 wrote on 11/09/17 at 18:36:41:
Just a normal selloff of all of this appreciation / profits will be much bigger than 100 pts.

I think the eventual correction will be 5 or 6 K downward.  Even that would leave it high I think.

But it runs on emotions most of the time.  If Trump keeps growing things, it could be a while before exuberance gives way to reality.


5 or 6k would be very worrisome IMO.

I think 2 to 3k would be a normal correction IMO.
  

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ceelu
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Re: Stock market crashing
Reply #12 - 11/09/17 at 21:53:29
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What goes up must come down. What's down eventually comes back up. Like surfing, you ride the waves.
  
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ConservativeOne
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Re: Stock market crashing
Reply #13 - 11/10/17 at 07:31:15
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Not buying it. If I had listened to what people were saying this time last year I would have lost a small fortune by not being in the market vis a vis mutual funds.

https://fundresearch.fidelity.com/mutual-funds/summary/315911701
  
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The Stranger
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Re: Stock market crashing
Reply #14 - 11/10/17 at 07:53:31
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Really a 100 point decline is now a crash? Get real folks.
  

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Re: Stock market crashing
Reply #15 - 11/10/17 at 21:26:37
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Look at black Friday from 1987. The crash took out a huge percentage from the market.

When the dow is above 20,000 if we were to lose 5,000 the loss would not be huge. 1/4 drop is within a normal correction.

1986 had yet to see the dow hit 2,000. It was 1987 before a 2,000 dow existed.
Now 2,000 is a rounding error.
  
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