Biggest crash in stock market history?

Dave Taylor

Rex kwan Do
Does the it start today? I’m not very optimistic and may be taking the family to my brother’s house in NH soon where he has lots of guns, ammo and food. The world is in unchartered territory if you ask me.
 

kidzach

Well-Known Member
I hear ya. I may go hide up in my Vermont house. Although about the only thing to do there is hiking. Skiing is shut down and mountain bike trails not ready yet. I wish I had some extra cash around for the stock market, should be some great deals in a week or so
 

UtahJoe

Team Workhorse
Team MTBNJ Halter's
I remember this one time when two planes crashed directly into the heart of the financial world killing 3000 people...Many people thought WWIII was next....Stock market recovered.

At the end of the day, there will still be plenty of consumers around and when smoke clears, they will want to spend money again.
 

Dave Taylor

Rex kwan Do
I hear ya. I may go hide up in my Vermont house. Although about the only thing to do there is hiking. Skiing is shut down and mountain bike trails not ready yet. I wish I had some extra cash around for the stock market, should be some great deals in a week or so
I remember this one time when two planes crashed directly into the heart of the financial world killing 3000 people...Many people thought WWIII was next....Stock market recovered.

At the end of the day, there will still be plenty of consumers around and when smoke clears, they will want to spend money again.
You’re correct. I feel like you will see the largest amount of wealth wiped off the face of the earth. All this fake, overleveraged wealth is going to be gone...poof.
 

Bike N Gear

Shop: Bike N Gear
Shop Keep
Our retirement money has time to bounce back. But if they decide to close all non-essential businesses I am fucked. A Spring season with zero sales is not something I think I can recover from.

Surprisingly, this weekend was Spring business as usual. Plenty of people shopping and dropping off repairs. All planning on riding while stuck at home.
 

Patrick

Overthinking the draft from the basement already
Staff member
Our retirement money has time to bounce back. But if they decide to close all non-essential businesses I am fucked. A Spring season with zero sales is not something I think I can recover from.

Surprisingly, this weekend was Spring business as usual. Plenty of people shopping and dropping off repairs. All planning on riding while stuck at home.

hopefully the gvt steps in to provide credit relief to help balance the reduced income with reducing costs.

hopefully, more people will discover outside, and you'll get a little bounce on the other side.
like e-bikes.
 

thegock

Well-Known Member
European markets have faded even more in last 3 hours. Looking like a historical day. Probably will come back eventually, but how far will it go down first? I had thought somewhere between 15,000 and 20,000 on the Dow, but now it looks like it could blow through 15,000 at some near point.

Those red hats will be coming back soon:

#dow20,000
 

Mathers

Well-Known Member
Our retirement money has time to bounce back. But if they decide to close all non-essential businesses I am fucked. A Spring season with zero sales is not something I think I can recover from.

Surprisingly, this weekend was Spring business as usual. Plenty of people shopping and dropping off repairs. All planning on riding while stuck at home.
This is a bigger concern than the market to me. My IRA will recover in the next 25 years.
We are a small bussiness selling luxury goods and have to go into peoples home to make a living. So we could be impacted hard.
 

Mahnken

Well-Known Member
Our retirement money has time to bounce back. But if they decide to close all non-essential businesses I am fucked. A Spring season with zero sales is not something I think I can recover from.

Surprisingly, this weekend was Spring business as usual. Plenty of people shopping and dropping off repairs. All planning on riding while stuck at home.
I honestly think if businesses don't start shutting down now it'll be a lot worse when it eventually happens. If everyone shut down for a couple weeks maybe we could get ahead of this. If not, I think it'll be months of mandatory shut downs.
 

terrabike01

Well-Known Member
European markets have faded even more in last 3 hours. Looking like a historical day. Probably will come back eventually, but how far will it go down first? I had thought somewhere between 15,000 and 20,000 on the Dow, but now it looks like it could blow through 15,000 at some near point.

Those red hats will be coming back soon:

#dow20,000
LOL I remember everyone on CNBC with the Dow 10,000 hats when it broke through 10,000. Like JP Morgan once said....you buy when there's blood in the streets.
 

A Potted Plant

Honorary Sod
European markets have faded even more in last 3 hours. Looking like a historical day. Probably will come back eventually, but how far will it go down first? I had thought somewhere between 15,000 and 20,000 on the Dow, but now it looks like it could blow through 15,000 at some near point.

Those red hats will be coming back soon:

#dow20,000

get your hats ready bois
 

Dave Taylor

Rex kwan Do
Our retirement money has time to bounce back. But if they decide to close all non-essential businesses I am fucked. A Spring season with zero sales is not something I think I can recover from.

Surprisingly, this weekend was Spring business as usual. Plenty of people shopping and dropping off repairs. All planning on riding while stuck at home.
[/QUO
LOL I remember everyone on CNBC with the Dow 10,000 hats when it broke through 10,000. Like JP Morgan once said....you buy when there's blood in the streets.
no blood yet. When we see 09 lows I may nibble
 

thegock

Well-Known Member
Crude below $30...banks getting slaughtered...cruise lines...casinos...airlines/Boeing...aut0s...circuit breaker limit moves would be 13%/day.
 

thegock

Well-Known Member
09 lows? LOLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL There's no way it even gets half way there. Thats 666 on the S&P. Markets have changed since then. There's no where else to park money and greed will kick in eventually.

I agree that markets have changed. Bonds are yielding close to zero.

So what is your call on the low?

I will go first: 1,188 on the S&P.

I can believe that I just typed that.
 

terrabike01

Well-Known Member
I agree that markets have changed. Bonds are yielding close to zero.

So what is your call on the low?

I will go first: 1,188 on the S&P.

I can believe that I just typed that.
2100 on the S&P cash and 19,000 on the DOW.
This is so overblown being fueled by social media, the media and politics. Who remembers the swine flu? Probably no one.
 
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