DOW has started free-fall... > General Discussion

Posted: 8/9/2011 10:48:13 AM EDT

This is bad....

Posted: 8/9/2011 10:50:30 AM EDT

[#1]

No, hovering around -90.

Posted: 8/9/2011 10:51:01 AM EDT

[#2]

Turn it off. Go outside.

Posted: 8/9/2011 10:51:24 AM EDT

[#3]

VIX is ~45 - this is not good...

http://finance.yahoo.com/echarts?s=%5EVIX+Interactive#chart2:symbol=^vix;range=1y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

Posted: 8/9/2011 10:51:24 AM EDT

[#4]

Game over man!!! Game over!!!

Posted Via AR15.Com Mobile

Posted: 8/9/2011 10:51:46 AM EDT

[#5]

It's down 58 points for the day. Whoopedy do.

Posted: 8/9/2011 10:52:03 AM EDT

[#6]

Quoted:
No, hovering around -90.

Now it's around -40.

Too much fear in GD lately. It's getting old.

Posted: 8/9/2011 10:52:25 AM EDT

[#7]

On a brighter note I just got finished tilling my garden for a fall crop and my chickens look great.

Posted: 8/9/2011 10:52:33 AM EDT

[#8]

May we live in interesting times!

Posted: 8/9/2011 10:52:57 AM EDT

[#9]

OMG!!!

Oh wait, yesterday was (in percentage terms) only the 31st worst day for the Dow since 1929, there were 4 days in 2008 that were much worse than yesterday.

Posted: 8/9/2011 10:53:03 AM EDT

[#10]

There's no such thing as free fall anymore, they just stop trading. And it's not even close to that point.

Posted: 8/9/2011 10:54:52 AM EDT

[#11]

It just means that shit is on sale! Buy em cheap, stack em deep.

Posted: 8/9/2011 10:54:57 AM EDT

[#12]

panic.gif

Posted Via AR15.Com Mobile

Posted: 8/9/2011 10:55:20 AM EDT

[#13]

Quoted:
May we live in interesting times!

Only thing is - they're not nearly as 'interesting' as the doomsday fanatics here make them out to be.

Posted: 8/9/2011 10:56:34 AM EDT

[#14]

So start buying then! The only people complaining should be sellers.

Posted: 8/9/2011 10:56:57 AM EDT

[#15]

To quote the soldier at the bar in that scene from The Deer Hunter:

"Fuck it".

Posted: 8/9/2011 10:57:24 AM EDT

[#16]

Quoted:
So start buying then! The only people complaining should be sellers.

I'm waiting for some sign of a sustained uptick.

Posted: 8/9/2011 10:57:37 AM EDT

[#17]

OH MY GOD WE'RE DOWN 0.68% FUCK

Posted: 8/9/2011 10:57:50 AM EDT

[#18]

-60 is a free fall?

Posted: 8/9/2011 10:57:59 AM EDT

[#19]

This is a game changer.

Posted: 8/9/2011 10:58:09 AM EDT

[#20]

stock are at sharply oversold levels and are cheap.

i don't expect any catalysts between now and when everybody comes back from vaca through Labor Day weekend.

could be a good time to scoop up some quality names, especially those with dividend yield.

Posted: 8/9/2011 10:58:39 AM EDT

[#21]

Posted: 8/9/2011 10:59:00 AM EDT

[#22]

Quoted:

OH MY GOD WE'RE DOWN 0.68% FUCK

Posted: 8/9/2011 10:59:17 AM EDT

[#23]

What?!

SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT SHIT

Posted: 8/9/2011 10:59:30 AM EDT

[#24]

Quoted:

-60 is a free fall?

That's down almost 300 from earlier in the day.

Posted: 8/9/2011 11:00:08 AM EDT

[#25]

Quoted:

Quoted:
May we live in interesting times!

Only thing is - they're not nearly as 'interesting' as the doomsday fanatics here make them out to be.

Normalcy bias

Posted: 8/9/2011 11:00:29 AM EDT

[#26]

Oops

Posted: 8/9/2011 11:01:11 AM EDT

[#27]

this could be worse than Y2K

Posted: 8/9/2011 11:01:42 AM EDT

[#28]

Can we start shooting looters yet?

Posted: 8/9/2011 11:01:48 AM EDT

[#29]

The problem is it means no one- currently- is jumping in on the stock market. There is no- as of today- bounce back from yesterday's tumble.

So, no...a .5% drop doesn't mean a lot, but in other ways does mean a lot.

Posted: 8/9/2011 11:02:52 AM EDT

[#30]

Quoted:
this could be worse than Y2K

Posted: 8/9/2011 11:03:27 AM EDT

[#31]

Quoted:

Quoted:
May we live in interesting times!

Only thing is - they're not nearly as 'interesting' as the doomsday fanatics here make them out to be.

Normalcy bias

And the contrary is a whole list of fallacies from Verbosium to Emotional appeal.

Posted: 8/9/2011 11:04:24 AM EDT

[#32]

Freefall? It's down 9 points.

Posted: 8/9/2011 11:06:57 AM EDT

[#33]

Losing all its gains and going negative again.

Oil has been hammered the last week or so. Under 80 a barrel now (of course I don't see the impact at the pump for some reason

)

Gold is sky rocketing!

Ya for crazy times lol

Posted: 8/9/2011 11:07:18 AM EDT

[#34]

Quoted:
Freefall? It's down 9 points.

Game over man! Game Over!

Posted: 8/9/2011 11:08:21 AM EDT

[#35]

Quoted:

Quoted:

Freefall? It's down 9 points.

Game over man! Game Over!

Down 9 points, from a +200 and an hour of trading left.

Posted: 8/9/2011 11:08:41 AM EDT

[#36]

Quoted:

OMG!!!

Oh wait, yesterday was (in percentage terms) only the 31st worst day for the Dow since 1929, there were 4 days in 2008 that were much worse than yesterday.

but but, inflation!

Posted: 8/9/2011 11:09:32 AM EDT

[#37]

Quoted:

Quoted:

Freefall? It's down 9 points.

Game over man! Game Over!

Down 9 points, from a +200 and an hour of trading left.

Has the world ended yet or can I go back to playing WOW? -20.51 as of right now.

Posted: 8/9/2011 11:11:01 AM EDT

[#38]

Worse than Y2k?

I think I'm coming down with SARS.

<starts digging at myself>

Fuck.

Posted: 8/9/2011 11:11:14 AM EDT

[#39]

now its up 2

Posted: 8/9/2011 11:11:18 AM EDT

[#40]

Quoted:
Freefall? It's down 9 points.

Compared to where it was prior to the Fed statement it's down 200+

Posted: 8/9/2011 11:11:28 AM EDT

[#41]

Quoted:
Can we start shooting looters yet?

FAIL!!! You should have never stopped

Posted: 8/9/2011 11:11:34 AM EDT

[#42]

Quoted:
VIX is ~45 - this is not good...

http://finance.yahoo.com/echarts?s=%5EVIX+Interactive#chart2:symbol=^vix;range=1y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

Yeah, our volatillity is creeping back up into 2008 territory. We're not there yet, but we can see it from here.

Posted: 8/9/2011 11:11:41 AM EDT

[#43]

OMG +33.68 THE SKY IS FALLING THE SKY IS FALLING THE SKY IS FALLING

Posted: 8/9/2011 11:12:36 AM EDT

[#44]

Quoted:

Quoted:
Freefall? It's down 9 points.

Game over man! Game Over!

Down 9 points, from a +200 and an hour of trading left.

Has the world ended yet or can I go back to playing WOW? -20.51 as of right now.

So when is the mustache against the wall?

Posted: 8/9/2011 11:12:50 AM EDT

[#45]

It's freefallen to +60!

That's why there is a closing bell. So we can figure out what happened at the end of the day. This thread is as bad as the thread about CNN talking about the recovery.

Posted: 8/9/2011 11:13:18 AM EDT

[#46]

Up 48 65 95, the the fat lady is nowhere in sight.

Where's my Dramamine?

Posted: 8/9/2011 11:14:07 AM EDT

[#47]

Quoted:

It's freefallen to +60!

That's why there is a closing bell. So we can figure out what happened at the end of the day. This thread is as bad as the thread about CNN talking about the recovery.

+75.19 It really is the end of the world!!!!

Posted: 8/9/2011 11:15:08 AM EDT

[#48]

It did however drop 250pts in the course of less than 15 minutes.

Posted: 8/9/2011 11:15:31 AM EDT

[#49]

+87

Posted: 8/9/2011 11:16:13 AM EDT

[#50]

Quoted:

On a brighter note I just got finished tilling my garden for a fall crop and my chickens look great.

I've heard owning chickens isn't even worth the cost? What are your thoughts?

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