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Dow Down 600 From "Nasdaq 5,000 Melt-Up" Highs
From the meltup to Nasdaq 5,000 day to today... The Dow is down 600 points from its highs...
Dow over 600 points below highs...
It seems like a very systemic drop in stocks...
as carry trades are unwound en masse...
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Tease!
CONGRATULATIONS!!!
TODAY is the 15th Anniversary of the 2000 NASDAQ High of 5,048!!!
If you bought the NASDAQ 15 years ago, you're now only down 3.5%!!!
Of course, if you had bought GOLD instead (at $275/oz.) you'd be up a mere 422%, but who's counting?...
"but who's counting?..."
u, me, and i would say a few others with their "3'rd eye" open...
Is that like a 3rd leg?
What the heck Tyler...600 Dow points and you already declaring victory???
Wake me up when its 600 S&P points.
Where do you see the victory dance. Just making an observation. Perhaps you need to cut back on the meth and coffee.
It's all part of Nixon's secret plan to win the war.......
I prefer that gold is not brought up in this thread due to my sensitivity of getting my ass handed to me by the boyz for the past three years. So for those of you inclined to invest in the ponzi paper pumping prick market I would just say BTFD .....the Fed has your back ....what could go wrong/.... one more thing while I'm at it...FOCH YOU you ponzi pumping pricks.....
Could it be that we saw the market top when a company that designs and sells overpriced gadgets with a model lifetime of 12 months, which are produced in China not in the USA received a listing on the Dow Jones Industrial?
BUY, BUY, BUY!!!!!
silver that is...
China now has the opportunity to take a dominant role in London, without having to direct its order flows through the fixing banks. Therefore, it is no exaggeration to say that from 20th March, China will be able to control the global physical gold market, which will permit her to manage the price. She has the deepest pockets, backed by the largest single stockpile.
http://www.goldmoney.com/research/analysis/the-new-london-gold-fix-and-c...
"...and she like to buy low, low, low..."
Historically, this is where shorts are about to get blowtorched.
Who cares??????? Here is the important news today out of New York:
'Mad Money' turns 10! Cramer rings NYSE bell
CNBC's Jim Cramer is celebrating his 10th anniversary of 'Mad Money' this week. On Tuesday, he rang the opening bell at the NYSE.
BOOYAHHHHH
It is becoming more and more difficult and uncomfortable to watch these steroid bulls keep this puppy pumped.
It's like Blue Balls.
Time to unload bulls.
This market is true Bullshit.
btfwtf,
bullish.
Yes, but I'll bet many daytraders still haven't done anything. I'm flat, still not convinced RUT goes below earlier lows till after 1:30, and only with bigger volume bursts and a major volatility backup. Right now, looks almost like a mother soothing her 6-yr old while dropping her off at school, no death or destruction evident.
Jim Cramer will tell them what to do next, just after Wall St. tells him what to do next......
I must be crazy, 'cause I seem to do better following 'Not Jim Cramer'
Insanity is defined as deviation from the norm of the general population, so yep, your crazy.. :-)
Pbbtttt. 600 pts. What? Is that like .06% or something?
Pssst. The jobs report is bullshit.
Pass it on.
Can we kick the can passed the 2016 election?
What does WS think?
They better start lying about the jobs data to prop the markets up. LOL
They're just frontrunning the interest rate increase scheduled for June. So Yellen can stabilize the markets by announcing the rate will be lowered after the rate is increased. Let's see how far out into the future we can set market pricing. Boy, this is fun!
Some Bears are about to get steam rolled...by Friday I expect the short covering rally to take place and the deer in headlights to return. BTFATAPPLHIGH!
The swings will get more and more wild. I'm glad I'm not on that rollercoaster.
We kornholed some folks.
It's pick a number, any number, at this point.
Don't invest in stocks/shares/commodities. Invest in yourself instead.
Quick, recalculate the DJIA! Erase the losses through math!