I found this chart. Of the top 10, only one has been in the past 20 years and

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Feb 25, 2020
1:19:30pm

crack All-American

I found this chart. Of the top 10, only one has been in the past 20 years and

that was in 2008. Most of the others on the list are from 1987 and depression era times. I think alot of people have just gotten really complacent about how straight up things have been going for a long time and many probably have no context to put this week's moves into.

?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F498325%2Fdow-biggest-losses-percentage.PNG&w=700&op=resize

?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F498325%2Fdow-biggest-losses-percentage.PNG&w=700&op=resize

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crack

Bio page: crack
Joined: Nov 17, 2005
Last login: Apr 26, 2024
Total posts: 42,308 (118 FO)

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Messages

Author

Time

Over the last two days the market is down around 1,750. While big point wise

BYU71

2/25/20 1:12pm

I remember Black Monday in 1987 when the market dropped 23% in a single day. Can

tevye

2/25/20 1:15pm

I remember Black Monday and the somber, if not completely scared, faces on

Y-Zag

2/25/20 1:16pm

You also don't see people walking into a brokerage

BYU71

2/25/20 1:21pm

I recall it vividly. I was with "Thank you Paine Webber" at the time.

BYU71

2/25/20 1:18pm

I'm not giving advice, just stating my position is to hold steady and

Y-Zag

2/25/20 1:16pm

No that’s great advice

coug16

2/25/20 2:20pm

Stocks/funds are one sale. Buy more!

ABN RGR

2/25/20 1:18pm

Sadly, I decided to buy more last Thursday. D'oh!

ChiefBeef

2/25/20 1:48pm

If you think they are on sale now, they might be on clearance in the near future

crack

2/25/20 2:30pm

I found this chart. Of the top 10, only one has been in the past 20 years and

crack

2/25/20 1:19pm

February 2018 if I remember correctly made the top 20 list.

BYU71

2/25/20 1:23pm

I remember the flash crash mess in 2010 (I think). But if I remember

crack

2/25/20 1:32pm

Going from memory is not a smart thing for me to do anymore.

BYU71

2/25/20 1:58pm

You are right. I found a chart showing 20 years of point and

BYU71

2/25/20 2:22pm

Either way, they are always fun days. Do you have to talk alot of people into

crack

2/25/20 2:29pm

I can make generalizations. It isn't hard any more

BYU71

2/25/20 2:51pm

It's killing me right now

Blueto

2/25/20 1:21pm

Down 6% is killing you. Perhaps you should be rolling

BYU71

2/25/20 1:26pm

I'm in the middle of a home loan refi and it is definitely helping me. Broker is

UNLVcougar

2/25/20 1:29pm

They key to remember is the foundations of the economy are still strong. Job growth, consumer confidence, etc. are all

2/25/20 2:35pm

We'll see. Some have been calling this a bubble for a while.

Mises

2/25/20 2:36pm

What is the underlying "problem" causing the bubble?

2/25/20 2:39pm

Some call it the 'everything bubble' because there's a lot inflated.

Mises

2/25/20 2:56pm

IMHO, time to fear a bubble is when everybody is

BYU71

2/25/20 3:06pm

The economy could slow and probably will mainly because

BYU71

2/25/20 2:56pm

If the virus does that in America it will lead to Dow 20K, which will

2/25/20 6:54pm

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