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Dow opens down 1000 points..friday morning (Original Post) Demovictory9 Feb 2020 OP
Trump must be losing his mind greenjar_01 Feb 2020 #1
Just hold tight people Johnny2X2X Feb 2020 #2
Oh he'll blame it on the "Do Nothing Dems" and Obama and the "Fake News" media Zorro Feb 2020 #3
So, it closed down a lot of points last night. Opening down a thousand. Is that a new number LizBeth Feb 2020 #4
-496 on that pre-market trading thingy Brother Buzz Feb 2020 #5

Johnny2X2X

(19,037 posts)
2. Just hold tight people
Fri Feb 28, 2020, 11:03 AM
Feb 2020

This is going to crash a lot further. It was way overpriced for the last couple years.

Only person I know whose opinion I really trust is an ex software engineer I worked with who left to go start his own investment firm because he developed some really useful software that helps him pick stocks. He's been telling me for over a year that based on price earning ratios and price to free cash flow data he tickles that the DOW should be at about 18-20K.

Doesn't mean you should sell, but just be prepared for things to go pretty low and then stay there for a while.

LizBeth

(9,952 posts)
4. So, it closed down a lot of points last night. Opening down a thousand. Is that a new number
Fri Feb 28, 2020, 01:50 PM
Feb 2020

or off the continued losing number of last night?

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