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Mon Oct 14, 2013, 03:14 PM

 

Markets all closed up today.

Disappointment faces many Chicken Littles.

7 replies, 1228 views

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Reply Markets all closed up today. (Original post)
Bunnahabhain Oct 2013 OP
northoftheborder Oct 2013 #1
Brickbat Oct 2013 #2
Bunnahabhain Oct 2013 #3
Warpy Oct 2013 #4
Bunnahabhain Oct 2013 #5
Lawlbringer Oct 2013 #7
tillikum Oct 2013 #6

Response to Bunnahabhain (Original post)

Mon Oct 14, 2013, 03:15 PM

1. Whew! I'll admit to a few fear ruffled feathers. And it's not over yet.

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Response to Bunnahabhain (Original post)

Mon Oct 14, 2013, 03:17 PM

2. This thread could use more analysis.

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Response to Brickbat (Reply #2)

Mon Oct 14, 2013, 03:21 PM

3. Or gold records?

 

Love that skit.

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Response to Bunnahabhain (Original post)

Mon Oct 14, 2013, 04:40 PM

4. Yes, irrational exuberance based on a rumor ruled the market

after an over -100 opening.

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Response to Warpy (Reply #4)

Mon Oct 14, 2013, 04:42 PM

5. -100 is nothing

 

Unless you're on DU and apparently it indicates the end of Time and Space. I cannot count the number of threads started in the last few weeks that had to do with really non-material market movements.

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Response to Bunnahabhain (Reply #5)

Mon Oct 14, 2013, 05:06 PM

7. It's not just DU, it's the news, it's the old school people

But it means nothing.

The market opening 100 down, or closing 350 down today is like it opening 13 pts down and closing 46 pts down in the mid 80s.

It's less than 3 % all around and it's not earth shattering.

Now if it was like the selloff of '07, that's trouble. This is nothing.

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Response to Warpy (Reply #4)

Mon Oct 14, 2013, 04:42 PM

6. nah much more insidious than that.

 

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