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Recursion

(56,582 posts) Mon Nov 12, 2018, 10:31 PM Nov 2018

1

Ouch: Nikei is down 3%

SENSEX down 2%. Europe opens in a few hours. Gonna be a rough day.

7 replies

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Ouch: Nikei is down 3% (Original Post) Recursion Nov 2018 OP

remnds me of the jittery time just before the 1987 crash lapfog_1 Nov 2018 #1

Err me Gerd!!!!! 912gdm Nov 2018 #2

Oh, good. Another new poster snarking nastily. Squinch Nov 2018 #5

Hopefully just following US markets down, and we'll lead way back up. Trying to be optimistic. Hoyt Nov 2018 #3

I think there's still another 15% or so to bleed off Recursion Nov 2018 #4

It did get pretty high Hoyt Nov 2018 #6

The DJIA was at +/- 26,800 before the selloff a few weeks ago. Algernon Moncrieff Nov 2018 #7

lapfog_1

(29,199 posts)

1. remnds me of the jittery time just before the 1987 crash

Reply to Recursion (Original post)

Mon Nov 12, 2018, 10:48 PM

Nov 2018

and the 2008 crash... wild swings, but the lows are always lower than the previous wild swing low.

912gdm

(959 posts)

2. Err me Gerd!!!!!

Reply to Recursion (Original post)

Mon Nov 12, 2018, 10:50 PM

Nov 2018

3% whole percent!?!?!?!?!!!!???illventy!!!!!

When in danger or in doubt, run in circles scream and shout!

Squinch

(50,935 posts)

5. Oh, good. Another new poster snarking nastily.

Reply to 912gdm (Reply #2)

Mon Nov 12, 2018, 11:43 PM

Nov 2018

Hoyt

(54,770 posts)

3. Hopefully just following US markets down, and we'll lead way back up. Trying to be optimistic.

Reply to Recursion (Original post)

Mon Nov 12, 2018, 10:53 PM

Nov 2018

Recursion

(56,582 posts)

4. I think there's still another 15% or so to bleed off

Reply to Hoyt (Reply #3)

Mon Nov 12, 2018, 11:01 PM

Nov 2018

We're still trading much higher above book on just about everything than I think is sustainable, personally.

Hoyt

(54,770 posts)

6. It did get pretty high

Reply to Recursion (Reply #4)

Tue Nov 13, 2018, 12:18 AM

Nov 2018

Algernon Moncrieff

(5,790 posts)

7. The DJIA was at +/- 26,800 before the selloff a few weeks ago.

Reply to Recursion (Reply #4)

Tue Nov 13, 2018, 01:34 AM

Nov 2018

I believe it briefly touched correction territory (+/- 24,200) before climbing back up.

People should stop paying attention to daily point changes and only look at the percentage changes, which are better apples to apples comparisons to past bad and good days.

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