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Originally Posted by terks43
(Post 2985318)
DOW biggest single day point drop in history. As in ever.
fun facts: 2009-2016 Dow 6500 to 18500. 180% gain. CHA CHING 2016-2020 Dow 18500 to 25700. 39% gain. meh |
Originally Posted by guppie
(Post 2985327)
WOW. The DOW only dropped 508 points on Oct 19, 1987.....BLACK MONDAY!!!!..... of course, 508 points was 22%. Today's drop was 4.4%. Hardly the apocalypse.
fun facts: 2009-2016 Dow 6500 to 18500. 180% gain. CHA CHING 2016-2020 Dow 18500 to 25700. 39% gain. meh |
Originally Posted by elps
(Post 2984961)
I wouldn't hold out much hope for a vaccine. Coronaviruses were discovered in the 1960s and there hasn't been a successful vaccine for any of the strains.
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Originally Posted by guppie
(Post 2985327)
WOW. The DOW only dropped 508 points on Oct 19, 1987.....BLACK MONDAY!!!!..... of course, 508 points was 22%. Today's drop was 4.4%. Hardly the apocalypse.
fun facts: 2009-2016 Dow 6500 to 18500. 180% gain. CHA CHING 2016-2020 Dow 18500 to 25700. 39% gain. meh |
Originally Posted by rvfanatic
(Post 2985372)
Professor, your 2009-2016 numbers need another look.
Nov 9, 2016 the Dow hit 18,589. verifiable facts, Einstein. Look it up yourself. ;) |
It was a helluva ride! $$$$
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I've come to learn that the "experts" interviewed by the mainstream news are nothing more than talking heads meant to push an agenda and to make us fearful. I definitely see a short term economic impact from it but I don't see the end of the world scenario some people are preaching.
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Originally Posted by terks43
(Post 2985318)
DOW biggest single day point drop in history. As in ever.
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Originally Posted by BMEP100
(Post 2985391)
Not even close. The crash of ‘87 was 22% in one day.
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Originally Posted by 123494
(Post 2985394)
I think the S&P had the biggest drop. He may have meant that.
The difference now, which is causing fear is the interest rates, In ‘87 the 10 year Treasury was around 9%, today it’s less than 2%. |
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