Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

PoindexterOglethorpe

(25,816 posts)

5. Wow!

Reply to PupCamo (Original post)

Tue Oct 8, 2019, 09:42 PM

Oct 2019

The Dow was down a frightening 1.19%, the Nasdaq a truly horrific 1.67%, and the S&P a similarly terrible 1.56%.

Clearly the apocalypse is upon us.

In reality, those numbers are not "took a beating today." They are well within normal ups and downs.

I'm also appalled at those here who cheer market drops, unless they are using them as buying opportunities. Just to cheer because you think only bad people will be hurt, have no idea that there are those who are not in the 1% who have investments, 401k plans, or Roth IRAs, or perhaps an actual pension plan that is invested in the market.

Edit history

Please sign in to view edit histories.

8 replies

= new reply since forum marked as read

Highlight:

Markets took a beating today [View all] PupCamo Oct 2019 OP

Yea!!!!! MyOwnPeace Oct 2019 #1

Trump Slump, here we come... Wounded Bear Oct 2019 #2

He'll call it customerserviceguy Oct 2019 #4

Awww... Newest Reality Oct 2019 #3

Wow! PoindexterOglethorpe Oct 2019 #5

I was going to say...300 might have been huge a couple of decades ago Awsi Dooger Oct 2019 #6

You might not have been better off dumping it all at the beginning. PoindexterOglethorpe Oct 2019 #8

as an FYI, at year end 2017 NewJeffCT Oct 2019 #7