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Here we go again: Dow falls 250 points, bringing decline for the wild week to more than 3%. UPDATED: Dow is now down more than 460 points

 
Fifth-and-a-Half Element
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12/07/2018 10:42 AM
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Here we go again: Dow falls 250 points, bringing decline for the wild week to more than 3%. UPDATED: Dow is now down more than 460 points
Stocks traded lower on Friday as shares of major technology companies rolled over while Wall Street parsed through a U.S. jobs report that handily missed expectations.

The Dow Jones Industrial Average fell 265 points, while the S&P 500 dipped 1 percent. The Nasdaq Composite dropped 1.4 percent.

[link to www.cnbc.com (secure)]

Last Edited by Fifth-and-a-Half Element on 12/07/2018 12:51 PM
Cardiak

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12/07/2018 11:01 AM

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Re: Here we go again: Dow falls 250 points, bringing decline for the wild week to more than 3%. UPDATED: Dow is now down more than 460 points
Heres the 10 year chart
[link to www.macrotrends.net (secure)]

When you look at the 10 year chart there's literally nothing to be freaked out from.. The only freaky shit is that there has not been a crash since 2008 so that's 10 years of crazy growth without a significant pull back.

Heres the 100 year chart
[link to www.macrotrends.net (secure)]

Last Edited by Cardiak on 12/07/2018 11:01 AM
Fifth-and-a-Half Element  (OP)

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12/07/2018 11:06 AM
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Re: Here we go again: Dow falls 250 points, bringing decline for the wild week to more than 3%. UPDATED: Dow is now down more than 460 points
Down 270 now.
RockinRolla

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12/07/2018 11:10 AM

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Re: Here we go again: Dow falls 250 points, bringing decline for the wild week to more than 3%. UPDATED: Dow is now down more than 460 points
Buy the tiny dip like yesterday. Green at day’s end

money
Cardiak

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12/07/2018 11:12 AM

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Re: Here we go again: Dow falls 250 points, bringing decline for the wild week to more than 3%. UPDATED: Dow is now down more than 460 points
Looking at that chart... the great depression was SOOO much worse then 2008. The DOW went from 5,500 to 800, an 85% crash (basically what happened to crypto) and took 26 years to recover back to the precrash height.

2007/2008 crash went from 16,800 to 8,400 a 50% crash and took 4 years to recover to its precrash height and 10 years to go 50% higher then its precrash height.
zx-10r

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12/07/2018 11:13 AM
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Re: Here we go again: Dow falls 250 points, bringing decline for the wild week to more than 3%. UPDATED: Dow is now down more than 460 points
all roads lead to gold
Fifth-and-a-Half Element  (OP)

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Re: Here we go again: Dow falls 250 points, bringing decline for the wild week to more than 3%. UPDATED: Dow is now down more than 460 points
Down 405 points now. Key support levels broken.

[link to www.cnbc.com (secure)]
Fifth-and-a-Half Element  (OP)

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12/07/2018 11:47 AM
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Re: Here we go again: Dow falls 250 points, bringing decline for the wild week to more than 3%. UPDATED: Dow is now down more than 460 points
Dow is now down about 5% in less than a week. With keey support levels broken, traders and now wondering where the bottom is.

This could get bad.
Anonymous Cowlick

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12/07/2018 12:39 PM
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Re: Here we go again: Dow falls 250 points, bringing decline for the wild week to more than 3%. UPDATED: Dow is now down more than 460 points
Dow is now down about 5% in less than a week. With keey support levels broken, traders and now wondering where the bottom is.

This could get bad.
 Quoting: Fifth-and-a-Half Element


Nah.
Fifth-and-a-Half Element  (OP)

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12/07/2018 12:50 PM
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Re: Here we go again: Dow falls 250 points, bringing decline for the wild week to more than 3%. UPDATED: Dow is now down more than 460 points
Dow is now down about 5% in less than a week. With keey support levels broken, traders and now wondering where the bottom is.

This could get bad.
 Quoting: Fifth-and-a-Half Element


Nah.
 Quoting: Anonymous Cowlick


Now down 465

[link to www.cnbc.com (secure)]

Carsh on.

Last Edited by Fifth-and-a-Half Element on 12/07/2018 12:51 PM
St.Malachic

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12/07/2018 12:52 PM

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Re: Here we go again: Dow falls 250 points, bringing decline for the wild week to more than 3%. UPDATED: Dow is now down more than 460 points
Looking at that chart... the great depression was SOOO much worse then 2008. The DOW went from 5,500 to 800, an 85% crash (basically what happened to crypto) and took 26 years to recover back to the precrash height.

2007/2008 crash went from 16,800 to 8,400 a 50% crash and took 4 years to recover to its precrash height and 10 years to go 50% higher then its precrash height.
 Quoting: Cardiak


That's why the carsh and collapse people talk about here every day is almost like a spam when the percentage of change is so little. No perspective whatsoever.
Fifth-and-a-Half Element  (OP)

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12/07/2018 12:54 PM
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Re: Here we go again: Dow falls 250 points, bringing decline for the wild week to more than 3%. UPDATED: Dow is now down more than 460 points
Looking at that chart... the great depression was SOOO much worse then 2008. The DOW went from 5,500 to 800, an 85% crash (basically what happened to crypto) and took 26 years to recover back to the precrash height.

2007/2008 crash went from 16,800 to 8,400 a 50% crash and took 4 years to recover to its precrash height and 10 years to go 50% higher then its precrash height.
 Quoting: Cardiak


That's why the carsh and collapse people talk about here every day is almost like a spam when the percentage of change is so little. No perspective whatsoever.
 Quoting: St.Malachic


We are now down more than 5% in less than one week of trading and we do not yet know where the bottom is. Dow is already below support levels.
Anonymous Cowlick

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12/07/2018 12:56 PM
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Re: Here we go again: Dow falls 250 points, bringing decline for the wild week to more than 3%. UPDATED: Dow is now down more than 460 points
Looking at that chart... the great depression was SOOO much worse then 2008. The DOW went from 5,500 to 800, an 85% crash (basically what happened to crypto) and took 26 years to recover back to the precrash height.

2007/2008 crash went from 16,800 to 8,400 a 50% crash and took 4 years to recover to its precrash height and 10 years to go 50% higher then its precrash height.
 Quoting: Cardiak


That's why the carsh and collapse people talk about here every day is almost like a spam when the percentage of change is so little. No perspective whatsoever.
 Quoting: St.Malachic


We are now down more than 5% in less than one week of trading and we do not yet know where the bottom is. Dow is already below support levels.
 Quoting: Fifth-and-a-Half Element


5%!
suicide
Fifth-and-a-Half Element  (OP)

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12/07/2018 12:58 PM
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Re: Here we go again: Dow falls 250 points, bringing decline for the wild week to more than 3%. UPDATED: Dow is now down more than 460 points
Looking at that chart... the great depression was SOOO much worse then 2008. The DOW went from 5,500 to 800, an 85% crash (basically what happened to crypto) and took 26 years to recover back to the precrash height.

2007/2008 crash went from 16,800 to 8,400 a 50% crash and took 4 years to recover to its precrash height and 10 years to go 50% higher then its precrash height.
 Quoting: Cardiak


That's why the carsh and collapse people talk about here every day is almost like a spam when the percentage of change is so little. No perspective whatsoever.
 Quoting: St.Malachic


We are now down more than 5% in less than one week of trading and we do not yet know where the bottom is. Dow is already below support levels.
 Quoting: Fifth-and-a-Half Element


5%!
suicide
 Quoting: Anonymous Cowlick


5% in three days of trading with support levels broken?

Think about it.