Sicilianthing

BREAKING: Wall Street has another grisly day, Dow drops 3,000 points

Wall Street had a grisly start to the week, with the Dow Jones Industrial Average sliding by 3,000 points, or 13 percent, to end the day at 20,186, a few hundred points above where it was when President Donald Trump took office.

The S&P 500 and Nasdaq closed the day with a decline of around 12 percent. The Dow closed at 19,732 on Jan. 19, 2017, the day before Trump was sworn in.

Markets Crash Here:
https://link.nbcnews.com/click/19739798.293649/aHR0cHM6Ly93d3cubmJjbmV3cy5jb20vYnVzaW5lc3MvbWFya2V0cy9kb3ctZmFsbHMtMi0yMDAtcG9pbnRzLXRyYWRpbmctaGFsdGVkLXJhdGUtY3V0LWZhaWxzLW4xMTYwMjQ2P2NpZD1lbWxfbmJuXzIwMjAwMzE2/57c09529487ccda8238b52cbCab9843f8

Trumpnotthestormiestpres Loc: L.A.

Profit taking opportunists.
those big banks have huge cash reserves and will buy back their positions 175% for the same price.

Everybody has already sold high now they are waiting to buy low. But they'll hold on to their money if they sniff a bailout.
That's making billionaires out of bankers who sold stocks in emotional panic.

And using a Fed about to take the pain away.

Next year when the stock market bounces back look for a lot of former brokers now millionaires. And trading desk v.p.s will become billionaires when they buy back positions at one tenth the price.

Sicilianthing

>>>

I guess but the rest of us get screwed so nothing changes.

Trumpnotthestormiestpres Loc: L.A.

And the media hypea it instead of doing interviews with Morgan Stanley or Goldman Sachs and asking why they don't have long positions in market futures.

Cowards.

Sicilianthing

>>>

Yep, there’s a lot going on and remember what I’ve always told you guys about the 8 Bankster families...

Goldman Sachs and Morgan are part of them...