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Late 80s Hokie
Joined: 10/29/2001
Posts: 29,916
Likes: 15,097
Late 80s Hokie
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In the short run, it's a classic wall street overreaction. One person

decides to sell some big amount and the auto trade programs kick in selling and selling. Maybe the economy and market will do well over the next few years, maybe they won't. I don't know. But today? Just people trying to be the first to the exits, and it won't surprise me if a whole bunch try to be first back in early Monday.
Posted: 08/26/2022 at 04:48 PM ET
(In response to this post by TabbHokie)

Thread Replies (32)

Full Thread →
Another great Friday. The market is absolutely getting crushed today
fordham • 08/26/22 03:02 PM ET
Dow drops 1000 on Powell’s Hawkisk comments.
TabbHokie • 08/26/22 04:04 PM ET
SQQQ should be your friend for the next month or two.**
98Hokie • 08/26/22 10:13 PM ET
In the short run, it's a classic wall street overreaction. One person ◄
Late 80s Hokie • 08/26/22 04:48 PM ET
Last 10 min were brutal**
fordham • 08/26/22 04:09 PM ET
Powell screwed the pooch big time
TabbHokie • 08/26/22 03:23 PM ET
We need a country-wide revolt against higher interest rates and should
PhotoHokieNC • 08/26/22 04:01 PM ET
We should break some windows and burn stuff. And get FREE tv’s**
fordham • 08/26/22 04:10 PM ET
You steal somebody's playbook?**
PhotoHokieNC • 08/26/22 04:11 PM ET
Waited to long to raise them and then....
turkeywinghokie • 08/26/22 03:50 PM ET
Agreed, the Fed causes Recessions
TabbHokie • 08/26/22 03:54 PM ET
Is a worthwhile analogy that airports cause plane crashes?**
PhotoHokieNC • 08/26/22 04:36 PM ET
Of course, without airports would there be any plane crashes?
turkeywinghokie • 08/26/22 05:34 PM ET
The energy price deal is temporary
fordham • 08/26/22 07:35 PM ET
Yea he said as much yesterday at that conference going on**
fordham • 08/26/22 03:34 PM ET
At Jackson "chopchopchopsnortsnortsnort" Hole.**
PhotoHokieNC • 08/26/22 04:19 PM ET
The scary thing about this situation ...
vt90 • 08/26/22 03:13 PM ET
Don't even look at vacuum futures...mega suck. TIC**
MP4VT2004 • 08/26/22 08:50 PM ET
...annuities? CDs?**
bourbonstreet • 08/26/22 04:46 PM ET
Sure there is. Inverse ETFs
HokieAl • 08/26/22 04:32 PM ET
If you can play long with a portion of funds, it's a GREAT time to buy
GOHOKEE • 08/26/22 04:29 PM ET
I-series treasury bonds
ShockWaveVT • 08/26/22 04:26 PM ET
The trick is to not have so much money. I keep mine in my wallet.**
PhotoHokieNC • 08/26/22 04:01 PM ET
Best alternative I can find
Hoke • 08/26/22 03:55 PM ET
Series I savings bonds are solid right now. But you can only do $10k per
Tafkam Hokie • 08/26/22 03:27 PM ET
Hold up, are you saying I should have more than $10k in my retirement acct?**
MP4VT2004 • 08/26/22 08:53 PM ET
Retirement in great! **
Stork • 08/26/22 03:27 PM ET
You haven't heard of blue star airlines?**
ColoVT82 • 08/26/22 03:21 PM ET
Still stickin' with Luckin. Good day today for it.**
hoosnowahokie • 08/26/22 03:18 PM ET
I bailed. Still made money overall and I am tracking it**
vt90 • 08/26/22 03:23 PM ET
They should not do this stuff to us on a Friday. I am already tired enough**
fordham • 08/26/22 03:15 PM ET
You shouldn’t obsess about it and track it daily. **
Stork • 08/26/22 04:05 PM ET
The "FED is done" boys and girls might be waking up.**
ColoVT82 • 08/26/22 03:30 PM ET