Current Events > Down down 1000pts again

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Slaya4
03/12/20 1:30:15 PM
#155:


I hope BTC drops with the stock market, so we can clean up the place. The 2000 other useless projects need to go. BTC won't be used in the long run either ETH will soon take the thrown. 1 whole BTC should be the goal, but anything else should be in ETH. You have very few other projects but BTC/ETH should be the majority if you want to be safe.

Stock market is killing me. I've been holding out on cash for a bit trying to time the market and it just keeps getting lower and lower.

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TomNook20
03/12/20 1:32:08 PM
#156:


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Cowthief
03/12/20 1:32:48 PM
#157:


Dow down 1355

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Tired-Insomniac
03/12/20 1:33:11 PM
#158:


Cowthief posted...
Dow down 1355

Total or is this in addition to the other drops today

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UnholyMudcrab
03/12/20 1:33:57 PM
#159:


Tired-Insomniac posted...
Total or is this in addition to the other drops today
Total from yesterday's close

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apocalyptic_4
03/12/20 1:35:12 PM
#160:


I spent just about all my "investment" money already so rip to that money I wont see a return on that for some time.

Tempted to go into my emergency fund later on once the real rock bottom hits

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CharlesBronson
03/12/20 1:51:22 PM
#161:


apocalyptic_4 posted...
Tempted to go into my emergency fund later on once the real rock bottom hits
even if you're unemployed?
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Sad_Face
03/12/20 2:32:52 PM
#162:


https://twitter.com/NewYorkFed/status/1238147299592765441?s=20

So, they've been doing repo operations since September. What's this gonna do now?

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CharlesBronson
03/12/20 2:49:00 PM
#163:


Sad_Face posted...
https://twitter.com/NewYorkFed/status/1238147299592765441?s=20

So, they've been doing repo operations since September. What's this gonna do now?
Nothing. They're going to need a lot more than 500B to put out the fire that they started. Interest rates would be 10% right now if the fed didn't interfere. The debt bubble is deflating and there's nothing they can do about it.
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kingdrake2
03/12/20 3:01:42 PM
#164:


dow now at 1981 point loss.
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Odoylerules
03/12/20 4:10:22 PM
#165:


-2300 today
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UnholyMudcrab
03/12/20 4:17:27 PM
#166:


The Dow was at 19,827 on Trump's inauguration day. There's a very real chance that by the end of the day tomorrow all the gains from his entire presidency so far will have been wiped out

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E32005
03/12/20 4:20:46 PM
#167:


UnholyMudcrab posted...
The Dow was at 19,827 on Trump's inauguration day. There's a very real chance that by the end of the day tomorrow all the gains from his entire presidency so far will have been wiped out

thats gonna kill his reelection
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tennisdude818
03/12/20 4:21:00 PM
#168:


The Fed cant seem to boost markets even with todays big announcement. Seems like anything short of them just buying stocks directly isnt working. Thats what the BOJ does (and they are about to take paper loses on that stupid program).

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DoGCyN
03/12/20 4:25:12 PM
#169:


fuck

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UnholyMudcrab
03/12/20 4:27:38 PM
#170:


Oh fuck, tomorrow is Friday the 13th too. Hold onto your butts.

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Makeveli_lives
03/12/20 4:28:16 PM
#171:


Time to buy or no?

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E32005
03/12/20 4:28:24 PM
#172:


the ides of march have hit wall st.
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Resaix
03/12/20 4:30:19 PM
#173:


Makeveli_lives posted...
Time to buy or no?
No one really knows where the floor of this thing is. So no.
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kingdrake2
03/12/20 4:41:55 PM
#174:


Resaix posted...
No one really knows where the floor of this thing is. So no.


the dow is nearing 2.5k loss soon if the flow doesn't stop.
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Jagr_68
03/12/20 5:00:45 PM
#176:


Weren't they going to halt trades today? It's just going to dip deeper and deeper until it reaches---- wait for it,----China.

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BudDupree48
03/12/20 5:12:20 PM
#177:


Fuck!

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tennisdude818
03/12/20 5:14:04 PM
#178:


Makeveli_lives posted...
Time to buy or no?

historically, drops this large are always followed by an up day. Its just impossible to say if thats all going to be gobbled up by the after hours futures market as opposed to people who buy at the open tomorrow.

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XplodnPnguins92
03/12/20 5:17:38 PM
#179:


bitcoin back in the 5k trenches :(

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EndOfDiscOne
03/12/20 5:21:49 PM
#180:


XplodnPnguins92 posted...
bitcoin back in the 5k trenches :(
I buy on Mondays and I get so antsy when it has huge drops in the middle of the week. I just wanna buy it...

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SK8T3R215
03/12/20 5:22:33 PM
#181:


I have a debit spread SPY call tomorrow I'm hoping I can sell early on if the markets are up a bit.

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CharlesBronson
03/12/20 5:30:39 PM
#182:


SK8T3R215 posted...
I have a debit spread SPY call tomorrow I'm hoping I can sell early on if the markets are up a bit.
lol spy is down another 1.5% in after hours thank you for your capital
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tennisdude818
03/12/20 5:41:53 PM
#183:


I mean if the market actually has a down day right after falling nearly 10% in one session, wtf.

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CharlesBronson
03/12/20 5:43:54 PM
#184:


tennisdude818 posted...
I mean if the market actually has a down day right after falling nearly 10% in one session, wtf.
futures market opens in 15 minutes, get ready
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Nu_Titan
03/12/20 6:00:00 PM
#185:


I'm doing fairly well day trading with this insane volatility but my retirement account (mostly VOO) and other long term holds are getting slaughtered.

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Sad_Face
03/12/20 6:33:40 PM
#187:


https://twitter.com/DrTedros/status/1238218221532196870?s=20

We are all in this together!

This man has a Chainlink stack.

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ToPoPO
03/12/20 7:27:21 PM
#188:


Sad_Face posted...
https://twitter.com/DrTedros/status/1238218221532196870?s=20

This man has a Chainlink stack.

What are you trying to say here
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EndOfDiscOne
03/12/20 8:09:32 PM
#189:


Holy shit crypto bloodbath

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E32005
03/12/20 8:11:15 PM
#190:


EndOfDiscOne posted...
Holy shit crypto bloodbath

total massacre.

i still hold some eth, ltc, xrp and its down like $900 just today.
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645AR
03/12/20 8:11:35 PM
#191:


Keep shorting, keep making ez money
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Slaya4
03/12/20 8:40:06 PM
#192:


Incoming recession?

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E32005
03/12/20 9:02:35 PM
#193:


Slaya4 posted...
Incoming recession?

we probably need one
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Irony
03/12/20 9:03:56 PM
#194:


Crash and burn baby

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tennisdude818
03/12/20 9:57:12 PM
#195:


CharlesBronson posted...
futures market opens in 15 minutes, get ready

so far so bad

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Sad_Face
03/13/20 6:47:25 AM
#196:


ToPoPO posted...
What are you trying to say here
That dude owns crypto and he owns Chainlink in particular.

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tennisdude818
03/13/20 7:46:19 AM
#197:


limit up!

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SK8T3R215
03/13/20 9:24:32 AM
#198:


CharlesBronson posted...
lol spy is down another 1.5% in after hours thank you for your capital
O rly

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kingdrake2
03/13/20 9:43:31 AM
#199:


dow won't recover to what it previously suffered.. up 600 points.
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E32005
03/13/20 9:46:00 AM
#200:


how bad is it?
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DoGCyN
03/13/20 9:48:52 AM
#201:


I'm refusing to look for the next 10 days

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Austin_Era_II
03/13/20 9:50:06 AM
#202:


+700 right now...

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PSN: deznutzbust69
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FrankGoreHOF
03/13/20 9:54:58 AM
#203:


I'm not confident it will stay green all day

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Cowthief
03/13/20 9:55:48 AM
#204:


Trillion dollars only gets us this much eh

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tennisdude818
03/13/20 10:00:50 AM
#205:


Governments around the world are promising huge fiscal and monetary support. The Fed will probably lower rates back to 0% next week.

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E32005
03/13/20 10:02:29 AM
#206:


Cowthief posted...
Trillion dollars only gets us this much eh

yeah this doesnt look like a rebound
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