Thread: Investing 102
View Single Post
  #5088  
Old 08-31-2015, 12:30 PM
96z28ss's Avatar
96z28ss 96z28ss is offline
Senior Member
 
Join Date: Apr 2005
Location: Portland,OR
Posts: 2,024
Thanks: 18
Thanked 10 Times in 6 Posts
Default

Market could go down way more.

The Chicago Cubs no hitter could spell doom for the market.
Following Milt Pappas' September 1972 'no hitter', The Dow dropped over 40%
Carlos Zambrano's 'no hitter' in 2008 came during the Lehman bankruptcy weekend and was followed by a 30% plunge in the S&P in the next three weeks, as well as a 6000-point-plus total collapse in the Dow.

So, when we saw Jake Arrieta's 'no hitter' this weekend, we can only imagine what doom it implies for US stocks.

And if that is not worrying enough, the last time The Cubs won the National League Pennant was in 1945, two cities were destroyed by atom bombs.

LOL just joking around.

Another fun fact. In the Back to the Future movie when Marty goes to 2015 the Cubs won the World series.
__________________
1969 Camaro LS2/T56 D1SC
www.automotivedesigneng.com
Special thanks to: DPE Wheel / Columbia Parts Company / US Collision / T. Bruning
Reply With Quote