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guppie 02-27-2020 12:44 PM


Originally Posted by terks43 (Post 2985318)
DOW biggest single day point drop in history. As in ever.

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

kaputt 02-27-2020 01:28 PM


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

Exactly. It’s the % that matters.

pangolin 02-27-2020 02:13 PM


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.

Tell that to my vet. My dog and cat are both corona virus vaccinated.

rvfanatic 02-27-2020 02:15 PM


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

Professor, your 2009-2016 numbers need another look.

guppie 02-27-2020 02:20 PM


Originally Posted by rvfanatic (Post 2985372)
Professor, your 2009-2016 numbers need another look.

March 6, 2009 the Dow hit 6469.
Nov 9, 2016 the Dow hit 18,589.

verifiable facts, Einstein. Look it up yourself. ;)

guppie 02-27-2020 02:22 PM

It was a helluva ride! $$$$

123494 02-27-2020 02:30 PM

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.

BMEP100 02-27-2020 02:33 PM


Originally Posted by terks43 (Post 2985318)
DOW biggest single day point drop in history. As in ever.

Not even close. The crash of ‘87 was 22% in one day.

123494 02-27-2020 02:34 PM


Originally Posted by BMEP100 (Post 2985391)
Not even close. The crash of ‘87 was 22% in one day.

I think the S&P had the biggest drop. He may have meant that.

BMEP100 02-27-2020 02:35 PM


Originally Posted by 123494 (Post 2985394)
I think the S&P had the biggest drop. He may have meant that.

Again, not even close. The S&P” lost 18%.

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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