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Posted 09 February 2018 - 05:13 AM
DOW down over 1,500 points !!
Largest intra-day DOW drop in history !
Dow suffers 1500-point collapse as computer-driven selling amplifies route
A drop of 1500 from 25000 or whatever it was is only six percent. No big deal.
Posted 09 February 2018 - 07:03 PM
I've heard that the Federal Reserve folks are buying up control of all industries & such.
So perhaps this dip is designed to reduce the competition and keep prices down.
Edited by Atossa, 09 February 2018 - 07:04 PM.
Posted 09 February 2018 - 07:30 PM
Bible prophecies were specific for a time & location, but they are also perpetual judgments on subsequent generations.
Therefore, the Judgments upon Pharisee Jerusalem that were fulfilled in 70 A.D. can happen again to subsequent & similar situations.
So if we like re-runs we can continue acting like those previous generations and reap, once again, what they suffered.
It's our choice, and most Christians have chosen death, not life by worshipping their Talmudic idols.
Posted 03 April 2018 - 05:37 PM
Posted 03 April 2018 - 10:53 PM
This "DOW is Crashing" topic was a canary in a coal mine.
Two months later, the DOW trend is still down.
Yesterday [April 2], the DOW had been down around 750 points, then closed down about 450 points at 23,644.19.
Is this another canary ??
Manhattan Home Sales Tumble Most Since 2009 as Buyers Walk
April 3, 2018
" Home sales in Manhattan plunged by the most since the recession as buyers at all price levels drove hard bargains and were in no rush to close deals.
Sales of all condos and co-ops fell 25 percent in the first quarter from a year earlier to 2,180, according to a report Tuesday by appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate. It was the biggest annual decline since the second quarter of 2009, when Manhattans property market froze in the wake of Lehman Brothers Holdings Inc.s bankruptcy filing and the global financial crisis that followed.
The drop in sales spanned from the highest reaches of the luxury market to workaday studios and one-bedrooms. Buyers, who have noticed that home prices are no longer climbing as sharply as they have been, are realizing they can afford to be picky. Rising borrowing costs and new federal limits on tax deductions for mortgage interest and state and local levies also are making homeownership more expensive, giving shoppers even more reasons to push back on a listings price -- or walk away."
more at link
Looking at this chart, the DOW is down since a January high, but only back down around where it hit on a skyrocketing climb up during late November.
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