Have a little faith in the markets, folks.

[GliderGuider]

As the Dow struggles to right itself today, we should all have a little faith. If we don’t get the global economic crash the biosphere needs right now, we’ll get it next week, next month or next year. In fact, the longer the extend-and-pretend goes on the more definitive the Big One will be. So I’m all in favour of the world’s central banks cranking up the presses to paper over the cracks temporarily. Bring on the recovery bubble!

[onehandle]

1. No! It will never rebound! Apple was nearing the first trillion dollar company status.

Now they've 'lost' billions!

Board up your windows and run into the woods!!!!

Aaaaaaaaghhhhh.....

[NuclearDem]

2. Get outta mah woods!

That there's mah roasted squirrel!

[HFRN]

3. you're on the slope of hope nt

[-none]

4. I already have little faith in the markets.

I pulled all my money out of the stock market years ago and put it in glorified CD's. I can't lose any more more money. Insured by FDIC.
I may be making less when the market is up, but I don't lose anything when the bottom falls out either.
And as long as we keep electing Republicans and 3rd Way, the bottom will keep falling out more or less regularly.
Regulations are a good thing, that's why we need some in the banking and stock markets.

[johnp3907]

5. Soundtrack to my personal revolution.

[GOLGO 13]

6. I too long for the destruction of the American empire

In case some hardcore, clueless personality Z-type, special snowflake get perturbed.

[GliderGuider]

9. They can get perturbed at me, then.

Because I am actually hoping for a global economic meltdown. I wish it for the sake of the planet - it's the only thing that will slow down CO2 emissions enough to matter.

No sarcasm.

[Yavin4]

7. Good buying opportunity

It's a good time to buy.

[fredamae]

8. Isn't this the Same pattern

that led up to the 2008 crash? Up/Down/Soft Recovery..as they drained the "little peoples" assets before "the big one"?

I'm no economists, but this sure feels like it did a mere 6 years ago, imo.

[whatthehey]

10. How did the dire "second crash" predictions in 08, 09, 10, 11, 12, 13 and 14 go?

This one will probably go as well.

Oh sure there will inevitably be a major decline one of these years, but just as inevitably sensible people will refuse to panic-sell and ride DCA to the same consistent annualized gains we've seen in US equities for many decades.

These little wobbles are just opportunities to buy cheap, made possible by panicky fools and perennial reverse Cassandras (Cassandra was always right in predicting doom and never heeded. Anybody who can read a long term equities chart but see the attention Kunstlerites get in the press can see then why doomers are exactly the reverse.)

[GliderGuider]

12. Normalcy bias is your friend! nt

[Buns_of_Fire]

11. We have angered the Market Gods.

In our prideful ways, we have mocked the Bringers of Prosperity, and from their gated castles upon the peak of Mount Prosperity, where they see all, they are displaying their displeasure. We must render more to Wall Street and the Sainted Hedge Fund Managers, and, upon the Golden Bull, sacrifice more of the underclass, for their pleadings and discomfort bring joy to the Market Gods. So shall it be.
[center][/center]

[Stallion]

13. Or Golden Calf

[meow2u3]

16. The Golden Calf grew up to be a greedy-ass bull

located on Wall St.

[dixiegrrrrl]

15. "Every time history repeats itself, the price goes up." as you say

[Rex]

14. They are rigged, probably have a better chance in Las Vegas.

It is a pretty good scam by the 1%. Stick as much money as you can out of harms way, then use that money to buy up the broken market at pennies on the dollar!