+ Vegas_Millennial Posted February 9 Posted February 9 Dow above 50,000! Kevin Slater, + Pensant, marylander1940 and 2 others 1 4
samhexum Posted Tuesday at 11:09 AM Posted Tuesday at 11:09 AM I watched Cher speaking at Sonny's funeral tonight on YouTube. The Dow lost over 200 points to 7531 that day. I hope it eventually recovered.
Luv2play Posted Tuesday at 06:51 PM Posted Tuesday at 06:51 PM The Dow Jones could hit 40,000 soon, on the way back down. 😆
+ Vegas_Millennial Posted Tuesday at 08:27 PM Posted Tuesday at 08:27 PM 1 hour ago, Luv2play said: The Dow Jones could hit 40,000 soon, on the way back down. 😆 It has room to fall...2025 was a spectacular year!
Nue2thegame Posted Tuesday at 08:37 PM Posted Tuesday at 08:37 PM 9 minutes ago, Vegas_Millennial said: It has room to fall...2025 was a spectacular year! Probably and hopefully not to 40,000. + Vegas_Millennial 1
Luv2play Posted Tuesday at 11:48 PM Posted Tuesday at 11:48 PM 3 hours ago, Nue2thegame said: Probably and hopefully not to 40,000. Back in 2008 when markets crashed spectacularly, someone said “this is when money goes back to its rightful owners”. We could see it again.
Lotus-eater Posted Friday at 08:27 PM Posted Friday at 08:27 PM On 2/24/2026 at 3:48 PM, Luv2play said: Back in 2008 when markets crashed spectacularly, someone said “this is when money goes back to its rightful owners”. We could see it again. I guess the short sellers who did very well were the "rightful owners."
Luv2play Posted yesterday at 12:28 AM Posted yesterday at 12:28 AM 3 hours ago, Lotus-eater said: I guess the short sellers who did very well were the "rightful owners." As I recall it was the margin buyers who got crushed. Relatively few short sellers came out winners. But on the latter I could be wrong. Memories fade. But the banks took a beating. I always thought that Obama should not have bailed them out to the extent he did.
Lotus-eater Posted yesterday at 12:56 AM Posted yesterday at 12:56 AM 8 minutes ago, Luv2play said: As I recall it was the margin buyers who got crushed. Relatively few short sellers came out winners. But on the latter I could be wrong. Memories fade. But the banks took a beating. I always thought that Obama should not have bailed them out to the extent he did. The banks faced a liquidity crunch. Contrary to popular belief, financial firms (excluding the car companies) paid back the TARP funds with interest, which, along with asset sales, netted taxpayers about $50 billion.
topunderachiever Posted 6 hours ago Posted 6 hours ago On 2/24/2026 at 12:37 PM, Nue2thegame said: Probably and hopefully not to 40,000. 10% (45,000) is considered a "correction". 20% (down to 40,000) is a Bear Market and "typically occur once every 5–7 years, with major historical examples including 1929 (Great Depression), 1987 ("Black Monday"), 2000–2002 (Dot-com bubble), 2008 (Financial Crisis), 2020 (COVID-19), and 2022 (inflation/rate hikes). These declines are often triggered by economic recessions, geopolitical crises, or rapid asset bubble bursts." Luv2play 1
Kevin Slater Posted 4 hours ago Posted 4 hours ago 2 hours ago, topunderachiever said: 10% (45,000) is considered a "correction". 20% (down to 40,000) is a Bear Market and "typically occur once every 5–7 years, with major historical examples including 1929 (Great Depression), 1987 ("Black Monday"), 2000–2002 (Dot-com bubble), 2008 (Financial Crisis), 2020 (COVID-19), and 2022 (inflation/rate hikes). These declines are often triggered by economic recessions, geopolitical crises, or rapid asset bubble bursts." Every five to seven years, people forget that the Dow has a correction every five to seven years. Kevin Slater mike carey 1
Luv2play Posted 4 hours ago Posted 4 hours ago 6 minutes ago, Kevin Slater said: Every five to seven years, people forget that the Dow has a correction every five to seven years. Kevin Slater Monday’s market opening should be interesting. At this point any scenario is possible. The next 36 hours will tell.
Luv2play Posted 4 hours ago Posted 4 hours ago 22 hours ago, Lotus-eater said: The banks faced a liquidity crunch. Contrary to popular belief, financial firms (excluding the car companies) paid back the TARP funds with interest, which, along with asset sales, netted taxpayers about $50 billion. The financial firms that survived paid back. There were others that collapsed and took investors’ funds with them. As Warren Buffet said at the time, when the tide goes out you find out who is naked. Some were found to have evaded regulations but faced no repercussions. Homeowners were less fortunate and millions lost their homes.
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