The Sky is Falling

20% of the NASDAQ 100 is down 60% or more. Is that a sign of a healthy market? The only reason the indexes aren't down a lot more is the Nifty Fifity mentality of the investors aka just keep buying the darlings like Apple, Google, etc.
 
Might be better if the sky was actually falling in a way and just have a quick crash and get the pain over with. This is very clear and consistent selling with intent, that has been going on for quite some time now and was being setup even prior to some of the news. Now the news can just be used as both a catalyst and an excuse for the markets to go down.
 
nitrene said:
20% of the NASDAQ 100 is down 60% or more. Is that a sign of a healthy market? The only reason the indexes aren't down a lot more is the Nifty Fifity mentality of the investors aka just keep buying the darlings like Apple, Google, etc.
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Yea I was hearing that today that stocks in general are in a total bear market but overall markets not quite there yet. Just wait till they all participate. The market will fall another 40%
 
all good comments. I guarantee my friend Chad (yes that is his real name) will ask me later today why the stock market (he is referring to the Dow) crashed. He knows very little about the market and nothing about trading.
 
S2007S said:
Yea I was hearing that today that stocks in general are in a total bear market but overall markets not quite there yet. Just wait till they all participate. The market will fall another 40%
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oh please! yes! I love to short..
 
Jdesey said:
Geez.... if you tune into the mainstream media (which I avoid) they make out like this is the Great Crash of 1929... S&P only down 10% from the high, NASDAQ down 17%... it cracks me up.
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Come on now some of you on here are complete loons constantly pushing market crash theories. So much bs getting posted the last two days. Oh the irony of this thread.
 
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