Market down over 4% today across the board

[BettingGeek]

What the **** happened?
People cashing out to post up in sportbook ready for Football season or what?
Economy has been shit - it ain't no news to drive the market down

[Brock Landers]

very odd selling

[topgame85]

Just the start now

[VegasInsider]

What the **** happened?
People cashing out to post up in sportbook ready for Football season or what?
Economy has been shit - it ain't no news to drive the market down

Poor jobs report on the horizon and action taken by other markets in the world to "gear up" for a failure. The market was due for a sell off, and the longer it goes without one, the more severe the drop will be. Just another over reaction by everyone.

[BewareOf5Dimes]

Love it! Most people who buy stocks don't even know who the CEO is of the company they buy. That is laughable. People blow 80K on stocks they know nothing about.

Margin of safety is the only way to buy. I hope it crashes for the next week so I can buy some good deals. I got my eye some things now.

Sorry!

[opie1988]

What the **** happened?
Economy has been shit - it ain't no news to drive the market down

There were reports that a camel had farted in Africa.

Everyone panicked. Mass hysteria.

Sky is falling.

[ChuckyTheGoat]

There were reports that a camel had farted in Africa.

Everyone panicked. Mass hysteria.

Sky is falling.

Opie:

How does mkt do Friday? And then next week?

I say +1.5% manana. +3% by next Friday close.

[opie1988]

Opie:
How does mkt do Friday? And then next week?
I say +1.5% manana. +3% by next Friday close.

So many things were due a correction, once it broke thru about 11,600....it was basically a free fall.

Personally I think it remains somewhere close to where we closed. I don't see things going as low as some predict, but if they do, that's not necessarily a bad thing. Lot of good companies that will be priced below true value.

So much is media driven, both good & bad. As always, I'm not scared of something I think is a good buy. I'm buying it regardless of what the rest of the market does. No one is looking out for anyone's money besides their own.

Some panic, some don't. I personally don't see the apocalypse on the horizon soon. In fact, already paid for a cruise next April....so hoping the world doesn't end till at least after that.

[pavyracer]

It will be a bloodbath tomorrow once the world markets open up in Asia and Europe and no one would want to own stock over the weekend. Tomorrow we break the 11,000 level boys and looking for support at 10,500.

[SBR_John]

Bit of a blood bath. Long term holders will be fine. Washing out the weaker hands.

[VegasInsider]

It will be a bloodbath tomorrow once the world markets open up in Asia and Europe and no one would want to own stock over the weekend. Tomorrow we break the 11,000 level boys and looking for support at 10,500.

Market falls another 400 tomorrow? I don't think so.

I also don't see support coming at 10,500...that would spell hysteria again tomorrow and early next week.

[Emily_Haines]

Long term holders will be fine.

market is still down 30% for the period of 10/07 to present

long term holders are going to get hurt bad

[No coincidences]

Bit of a blood bath. Long term holders will be fine. Washing out the weaker hands.

Sincerely,
1998 and 2008

Where is the stock market now vs. 10 years ago with inflation factored in?