Dow losses reach nearly 9%, putting it on track for worst one-day decline since 1987 crash

[Historic NY]

and the week isn't over..DOW down 2155. S&P 2511.


[link:https://www.cnbc.com/2020/03/11/futures-are-steady-wednesday-night-after-dow-closes-in-bear-market-traders-await-trump.html|]

[janterry]

1. can someone chime in with where the bottom might be?

I know it's all a guessing game.

But I'm game for the guessing, please

[htuttle]

4. I think it's impossible for it to go below zero

Not entirely sure of that, though, with the whole 'options' thing.

[janterry]

12. Let me find the little crying

guy.
oh, here he is

[dewsgirl]

2. I was in the 5th grade and remember my teacher having

a little radio on her desk, I can still hear her gasp.

[riversedge]

7. you've a good memory.

[dewsgirl]

11. I do, sometimes it's a curse.

[riversedge]

16. chuckle

[WyattKansas]

3. Everything tRUMP touches (f***s with) dies.

I wonder if all of those tRUMP supporting financial portfolio people are still shits & giggles now?

[smirkymonkey]

5. Trump must be crapping his Depends right now.

I hope he's freaking out. Nothing like a nice big bowl of schadenfreude for lunch.

[riversedge]

17. He should freak out. But I really want no one affected by the deadly virus.

[HeartachesNhangovers]

6. That's about 2-1/2 years of lost gains for the S&P.

When new global COVID infections start to drop, the markets may rise as fast as they've fallen. I'm not a gambler, so I'm not trying to time anything.

[Submariner]

8. In the U.S. there are only 15 infections, and on the way to zero now...no prob...oops wrong thread

[MerryBlooms]

9. Wait 'til they hear mcconnell said the senate won't take up

emergency corona virus bill until after recess.

https://www.democraticunderground.com/?com=view_post&forum=1002&pid=13079516

[Historic NY]

14. Stock market bingo.

[Mr. Ected]

10. So when will the media start to point out that Trump's only claim to success

Has now become the albatross around his fleshy neck?

He never had the right to claim success in the markets was due to his leadership, but the market decline is in large part due to his incompetency and malfeasance.

TALK MEDIA TALK. Americans deserve the truth.

[coti]

13. In the last ten minutes, money was flying into the market and it jumped over 1,000 points

The volatility is crazy right now. There's a lot of manipulation and quick cash-outs.

[ooky]

15. Looks like Algorithmic trading.

Followed by market jumping straight back down 400 points again.

Amazing watching greed at work.