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did the dow open this morning? (Original Post)
onethatcares
Feb 2020
OP
I think a lot of wealthier investors see the downturn as an opportunity to make money
captain queeg
Feb 2020
#5
Hoyt
(54,770 posts)1. A few minutes early.
Dennis Donovan
(18,770 posts)2. So far, it's up 100 points or so.
Let's hope it continues to recover.
Johonny
(20,856 posts)3. dead cat bouncing at the moment. Yesterday was mild in the opening too
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.
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
That may well prove to be true, but if it starts trending down again more and more might think its 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. Id love it if his speech leads to a big sell off.