Dow took a beating this week

[1slow01Z71]

US stocks slammed; Dow falls 300-plus points in worst week since 2011
The market finally realizing we can't float on funny money forever?

 

[TX69]

US economy has slowed enough to hurt the Chinese. Appears the Kenyans socialist programs and regulations are finally working.

 

[ScorpionHunter]

The Dow was up nearly 26% in 2013, and in that context 3.5% in a couple of days isn't a big deal. Equity markets tend to drop faster than they rise. We had a similar drop back in June, and the market chugged higher. With the VIX as low as it was, it suggested funds hadn't been buying options as a hedge. So, the market sells off a little more than people expect, and it creates a mini panic because people get caught without protection. The VIX spiked up as it normally does as those same people scramble to buy options. I'd been getting killed on my short positions over the past few months, and yesterday helped out a lot. I'd love to see it higher, but volatility is finally getting back to the bottom of the range where you get rewarded for taking risk, whether you're bullish or bearish.

 

[robertc1024]

I've never understood why people were so caught up in points. Ignorants. Percentages is where it's at.

 

[breakingcontact]

US economy has slowed enough to hurt the Chinese. Appears the Kenyans socialist programs and regulations are finally working.

Central banks. They can only run the shell game so long then onto the next one. What comes after "quantitative easing" tapers off?

-Without Life there can be no Liberty-

 

[deemus]

I know of several pretty smart guys who took all their money out of the stock market. Paid off all their debt, and "realigned" where they had their money.

 

[cbigclarke]

I know of several pretty smart guys who took all their money out of the stock market. Paid off all their debt, and "realigned" where they had their money.

Precious metals?

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[LJH]

Precious metals?

Yes, like brass and lead.

 

[cbigclarke]

Yes, like brass and lead.

Ain't nothing wrong with that

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[deemus]

Precious metals?

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That, real estate and some ag related stuff.