Dow jones tanks another 7% - the market is in craze

Discussion in 'Sharemarket News & Market Analysis' started by Switchtronics, 13th Mar, 2020.

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  1. Switchtronics

    Switchtronics Well-Known Member

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    The Dow jones just dropped on open over 7%. Where will it end?
     
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  2. marmot

    marmot Well-Known Member

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    And pumped up by low interest rates for a number of years.
     
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  3. QldKoolies

    QldKoolies Well-Known Member

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    Without business feeling full effects of the pandemic - thats just the predictions not posting of actual losses. I think there’s more to go later when it’s realised.
     
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  4. gman65

    gman65 Well-Known Member

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    May you live in interesting times....
     
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  5. Momentum

    Momentum Well-Known Member

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    I think about listing my IPs for sale and using the proceeds to go all in on the stock market but I'm too scared. That's why I like property better than shares, it's unlikely I'd suffer a 30-50% drop in value.
     
  6. Barny

    Barny Well-Known Member

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    Bitcoin crashed as well.
     
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  7. gman65

    gman65 Well-Known Member

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    Add this to your history books kids...

    2020-03-13.png 2020-03-13.png
     
  8. pilbrob

    pilbrob Well-Known Member

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    It's a lot of fun to watch. Good time to trade right now (just do go long!)

    Edit: you messed up the thread title, though. I think you meant "Dow tanks another 9.28%" :)
     
    Last edited: 13th Mar, 2020
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  9. croseks

    croseks Well-Known Member

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    Isn't the whole point of BTC as digital gold? That whole theory is now proven false I think, could get very interesting
     
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  10. Barny

    Barny Well-Known Member

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    Wait for the excuses to come out today
     
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  11. Speede

    Speede Well-Known Member

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    IF death toll is really roughly 200 per day in Italy....share market will get a wipe out.

    Lots of bag holders.
     
  12. willair

    willair Well-Known Member Premium Member

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    [​IMG]

    Just another day..
    Plus there is no absolute protection against this black swan scenario as it will hit all aspects of life and virtually all people..Someone living off the land in a remote area will suffer less then most that live in industrial urban areas will suffer considerably..
     
  13. Kangabanga

    Kangabanga Well-Known Member

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    I live off the land in urban area, just have to guars against my zombie neighbours now :)
     
  14. Barny

    Barny Well-Known Member

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    Can you please go back to your old profile pic, much better
     
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  15. Befuddled

    Befuddled Well-Known Member

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    Wow.
     

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  16. willair

    willair Well-Known Member Premium Member

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    I think that will be the least of your problems will still live in the best country in the world,and just like Mr Rudd last time around the current ''PM'' will do the same just print more money and who gets in next time will pick up the problem..
     
  17. Biggbird

    Biggbird Well-Known Member

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    I think you meant "Dow tanks another 9.99%".
     
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  18. Kangabanga

    Kangabanga Well-Known Member

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    Nah gotta send the message that everyone needs to wear facemasks. Double barrier if everyone does it. That's how its being well controlled in china vietnam taiwan.
     
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  19. N_J_H

    N_J_H New Member

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    Befuddled,
    What program do you use to buy/sell stocks? You provided a screenshot of one.

    Any suggestions on the better programs to also use on desktop and phone.

    Thanks in advance.
    N_J_H
     
  20. Switchtronics

    Switchtronics Well-Known Member

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    Certainly is on the move

    Dow Jones Industrial Average
    INDEXDJX: .DJI
    Following
    21,200.62 −2,352.60 (9.99%)