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djia off 2000

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Comments

  • Kaepsknee
    Kaepsknee Member Posts: 14,919
    1,000 pt drops.... Common place.

    Get back to me when it drops 2,000 in a day.


    I suspect I'll be hearing from you on Monday.
  • doogie
    doogie Member Posts: 15,072
    Trade worked. Broker web site didn’t. Still made money. You didn’t?
  • oregonblitzkrieg
    oregonblitzkrieg Member Posts: 15,288
    edited February 2018
    2001400ex said:

    2001400ex said:

    PM to Jeff Bezos: volatility traders caused you to lose 5 billion dollars. Fuck you.

    He has like a hundred other billion dollars. It sounds like you care more then he does.
    Not really, just happy I was directly involved in helping to cause it in some small measure
    Do you even have a basic understanding of how stocks work?
    the XIV implosion was nearly solely responsible for this correction, and entirely to blame for the massive Vix spike, setting off a chain reaction which resulted in Amazon and the entire market selling off. Hth.
  • oregonblitzkrieg
    oregonblitzkrieg Member Posts: 15,288
    AIRWOLF said:

    People under the age of 30 likely have no experience with a situation where immediate dip-buying isn't profitable over both the long- and short-term. It has become a reflexive response. That's behavioral psychology 101.

    Perhaps it will work out well again. Perhaps not.

    longer term dip buying will always be profitable as long as your positions are sized correctly and you have dry powder to add when/if price goes lower than expected.
  • 2001400ex
    2001400ex Member Posts: 29,457

    2001400ex said:

    2001400ex said:

    PM to Jeff Bezos: volatility traders caused you to lose 5 billion dollars. Fuck you.

    He has like a hundred other billion dollars. It sounds like you care more then he does.
    Not really, just happy I was directly involved in helping to cause it in some small measure
    Do you even have a basic understanding of how stocks work?
    the XIV implosion was nearly solely responsible for this correction, and entirely to blame for the massive Vix spike, setting off a chain reaction which resulted in Amazon and the entire market selling off. Hth.
    Awful interpretation from writings of a journalist who doesn't have a clue either.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,476 Founders Club
    Swaye said:

    I keep all my money in my sock drawer. 81 bucks.

    Another internet rich guy. Thanks @thechatch
  • oregonblitzkrieg
    oregonblitzkrieg Member Posts: 15,288
    2001400ex said:

    2001400ex said:

    2001400ex said:

    PM to Jeff Bezos: volatility traders caused you to lose 5 billion dollars. Fuck you.

    He has like a hundred other billion dollars. It sounds like you care more then he does.
    Not really, just happy I was directly involved in helping to cause it in some small measure
    Do you even have a basic understanding of how stocks work?
    the XIV implosion was nearly solely responsible for this correction, and entirely to blame for the massive Vix spike, setting off a chain reaction which resulted in Amazon and the entire market selling off. Hth.
    Awful interpretation from writings of a journalist who doesn't have a clue either.
    Would be interesting to hear your retarded take on what sparked it.