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Hokie CPA

Joined: 10/28/1999 Posts: 79477
Likes: 9047


I don't know about "scary." It's always been relative. You can't freak out


over a 1,500 point drop when the DJIA is up near 26,000. It's only a 5% drop, and that's not all unheard of. Even if it drops another 1,500 points, you've got a 10% correction, and even that isn't cause for panic. It's a buying opportunity.

(In response to this post by hokeeron1)

Posted: 02/06/2018 at 10:22AM



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Current Thread:
  It was the Dukes. It was the Dukes. ** -- MrBayAreaHokie 02/06/2018 12:20AM
  Sweet!!! cushy retirement here i come!! ** -- HokieDan95 02/06/2018 09:15AM
  Wall street on sale, 5% off everything. ** -- vt_mughal 02/05/2018 5:06PM
  Uncle Sam will like you with taxes on profits I sassume ** -- grill to chill 02/05/2018 6:31PM
  Buy...buy...buy.... ** -- VTUD 02/05/2018 4:43PM
  Sell on greed, buy on fear -- I85Hokie 02/05/2018 4:39PM
  ...turn those machines back on ** -- chumley 02/05/2018 3:36PM
  Live webcam from my office: -- King Jaffe Joffer 02/05/2018 3:33PM
  Made me LOL:) ** -- grill to chill 02/05/2018 3:38PM
  Bad news dude, this ain't a massive selloff -- Synaesthesia 02/06/2018 12:27AM
  Calm down, my young fellow Hokie............... -- F4EHokie 02/05/2018 7:08PM
  Pardon? ** -- Brown Water 02/05/2018 5:05PM
  I'm sorry, I don't believe we've met. -- MP4VT2004 02/05/2018 5:13PM
  Sure he has...but as an old fart , I can tell you... -- hokeeron1 02/05/2018 3:36PM
  How far does it drop to halt trading? ** -- HokieSignGuy 02/05/2018 3:20PM
  I hope you are being facetious otherwise SHUN! ** -- grill to chill 02/05/2018 3:19PM
  Scratch that, buy! Buy! Buy! ** -- Hoakie82 02/05/2018 3:14PM
  Hold, hold, hold Walk away, walk away, walk away ** -- TomTurkey 02/05/2018 3:18PM

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