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did the dow open this morning? (Original Post) onethatcares Feb 2020 OP
A few minutes early. Hoyt Feb 2020 #1
So far, it's up 100 points or so. Dennis Donovan Feb 2020 #2
dead cat bouncing at the moment. Yesterday was mild in the opening too Johonny Feb 2020 #3
Bargain hunting going on. Up 262. Liberal In Texas Feb 2020 #4
I think a lot of wealthier investors see the downturn as an opportunity to make money captain queeg Feb 2020 #5

Johonny

(20,856 posts)
3. dead cat bouncing at the moment. Yesterday was mild in the opening too
Wed Feb 26, 2020, 10:45 AM
Feb 2020

not sure where it goes. I believe S&P already went to 10% down. I wouldn't trade in this bottom. Too many unknowns right now.

Liberal In Texas

(13,559 posts)
4. Bargain hunting going on. Up 262.
Wed Feb 26, 2020, 10:51 AM
Feb 2020

I suspect a slow decline to start after awhile as the profit-taking kicks in.



captain queeg

(10,212 posts)
5. I think a lot of wealthier investors see the downturn as an opportunity to make money
Wed Feb 26, 2020, 11:55 AM
Feb 2020

That may well prove to be true, but if it starts trending down again more and more might think it’s time to get out. I think the whole stock market is way over valued and people using it like a card game to generate profits has a lot to do with that. But reality might trump those actions. Wait till the orange gob of fat gives his speech tonite. I’d love it if his speech leads to a big sell off.

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