wow...what an ignorant buffoon. He really doesn't have a single fucking clue as to how the world really works. He thinks he can bloviate and bully anyone to do whatever he wants. Might work when bankrupting four businesses but sure as fuck won't work on the world stage.

got his people working on it right now.

this is a heck of buying opportunity for anyone who has been looking for a good entry point to get back into the market.

I have been through the 1987 crash, the early 90's retreat, the internet bubble, the crash of 2008.

Folks- there is nothing to see here on this one. It's MINOR compared to many moves of the markets- and the only reason it's even getting any press at all is that we've gone months and months and months with only positive moves of the market.


Pour yourself another cup of coffee- everything will work out just fine.,

But, if I want to use my money in a casino, I'll go across town to the Seminole Hard Rock.

My hunch is it could be over 17000 by the end of the week. A lot of this is in response to the Shanghi market which was way over priced and was due for a major correction. Even at 16000, we are still down only 11% from the high of around 18000. The Dow was probably a bit overpriced at 18000. Anyone in for the long term should be buying at anything below 16000, imo.

THe US economy is doing just fine, so these Asian market dips are just temporary IMO.

It was the only green ink on the entire page. That ought to tell you something about my portfolio.

Best wishes.

that American companies have a great deal of their interests in the Chinese market. If the Chinese market catches the flu, the American markets are going to catch a cold. The markets world-wide are an octopus with its tentacles reaching into places you and I will never know of. Rather naive to think a plunging major market wouldn't affect our market.

3 cheers for Hobby Lobby and their Chinese crap face palm. yeah somehow people are at fault for what goes on in china.

I can't say Sanders is knee deep in China. but everyone else. probably hence why the TPP is really gonna suck.

...and let everyone invest their own money in private retirement accounts. That'll work!

I didn't know about last Friday's decline until the markets had closed. I just never checked during the day.

I was waiting for today's (beginning YESTERDAY!), and now it's here.

BUY BUY BUY!!!

Tomorrow it could be up, or it could be down even more.* If I knew the answer to that, I'd be shopping for my own Magna Carta.

I did buy some shares this morning. I had a limit order in place over the weekend, but when I read the news yesterday, I made sure to cancel it and replace it with an order at a lower price. It executed all by itself while I was working. I could have paid less, but then again, that's why I'm in a cubicle instead of teleworking from Aspen.

Best wishes.

* I had originally written, "Tomorrow it could be up, or it could be worse." But if you're a buyer, "worse" is better.

and won't check for a while.

http://www.nytimes.com/2015/08/25/upshot/why-global-financial-markets-are-going-crazy.html?

as they have the inside track on the market. I just had a discussion with my financial guy and he had indicated a market correction in our discussions about 6 months ago, and that is now taking place. It's also a very good time to buy, and that's what I did, albeit at a lower price than I would have initially. Stay the course is the best advice at this time.

and likely 'staying the course,' as I'm a low/moderate risk investor.

I'm also a low/moderate risk investor as well. With the market volatility the way it is right now, I am carefully weighing what to invest in. And since I don't know the companies the way my financial adviser does, I rely on his advice. I had a Vanguard account about 15 years ago, a "do it yourself" investment mutual fund, but I didn't really know what I was doing.

I'm not going to worry - he tends to be wrong much of the time.

Right now the Dow is at -123.

gnashing of teeth here at the $workplace. People are checking online, but life goes on.

The Chinese markets were way over priced and are correcting. Yes there may be some reduced demand from China but they are still projected to grow at nearly 7%. I don't see any reason to panic at the moment.

Down to 4-5% if I heard right - but I was not paying full attention.

High growth rates are unsustainable for an economy the size of China's.

like Texas Hold'em Poker

The Wall Street lizards have once again created a bubble, and are now panicking because China's economy has stalled. So EVERYBODY panics. Traders panic. Institutional investors panic. Fund managers panic. CEOs feel pressured and panic.

Then, guess what?

The first thing the CEOs will do is try and bolster their share value by cutting costs. This means they will cut benefits and lay off workers.

So, bottom line, Wall Street panics, and on Main Street people have their lives ruined.

Reminds me of Voltaire's work Candide. It is a philosophical treatise against the idea that this is the best possible world. Yes, they had that meme in Voltaire's time and yes, we have it now. How many times have you been arguing with a conservative, and when you point out the evil things the USA has done, they answer, well this is STILL the best country to live in. Our way represents the LEAST possible evil, they say.

But in Voltaire's work, after his protagonist Candide has been kicked out of his home for falling in love with someone in a higher class, conscripted, flogged, starved, flogged again and then is the victim of an earthquake, Voltaire has him look around - bloodied, in shock - and say, "If this is the best possible world, then what are the others like?"

By the way, if you haven't read Candide, it is easy reading and Voltaire is funny. I think I would have liked him.

The big wall street banks get special buy/sell rights, seriously. Their orders come before the rest.

The next crash will be very different than the 30's as the rich will likely come out of it even richer or with very little hit.

What products?