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Thu Sep 17, 2020, 03:46 PM

A DOWN day

S&P 500
-1.05%
Dow
-0.60%
Nasdaq
-1.49%

5 replies, 602 views

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Arrow 5 replies Author Time Post
Reply A DOWN day (Original post)
elleng Sep 17 OP
calguy Sep 17 #1
elleng Sep 17 #2
PoindexterOglethorpe Sep 17 #3
progree Sep 17 #4
Warpy Sep 18 #5

Response to elleng (Original post)

Thu Sep 17, 2020, 05:47 PM

1. Might be only a one day pull back

The S&P screamed up25 points in the last few minutes.

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Response to calguy (Reply #1)

Thu Sep 17, 2020, 05:49 PM

2. I see:

S&P 500
-0.84%
Dow
-0.47%
Nasdaq
-1.27%

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Response to elleng (Original post)

Thu Sep 17, 2020, 05:59 PM

3. Not to mention those are trivial percentages.

Some days the market goes up. Some days it goes down. It is almost never exactly the same at the close as it was at the open.

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Response to elleng (Original post)

Thu Sep 17, 2020, 06:04 PM

4. S&P 500 is down about 6.3% from it's Sept 2 all-time-high close of 3581. A "pullback" but not a

"correction" -- correction territory begins at 10%.

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Response to elleng (Original post)

Fri Sep 18, 2020, 12:44 AM

5. Daily fluctuations don't bother me that much

What scares the hell out of me right now is the corporate debt bomb. Along with the consumer bomb and the college loan bomb, when those all go off, they're going to take everything with them, at least for a couple of years.

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