Kingwood Underground
the heart and soul of our Kingwood, Texas family
Login - Create Account - Help
Clean out your garage on Kingwood bookoo! Or find local garage sales on Yard Sale Search.com
KU Live!

dow still on a crash course with 1929

who's talking here?

SoupIsGoodFood 1
voice of reason 5
AwesomeTattooedDragon 17
SagaciousSighFiGurl 1
WatchOut 2
TinktheSprite 1
sdanielmcev 9
Emperor of Kingwood 10
DVaz 5
a3295767uu 11
Prolix Raconteur 1
fuzz81 11
OrdinaryGuy 5
KwMillennial 5

     » send to friend     » save in my favorites     » flag dangerous topic flag as a dangerous topic

voice of reason --- 180 days ago -

down down 650 points. well below 23,000 now. 

Prolix Raconteur --- 180 days ago -

You sound thrilled. 

WatchOut --- 180 days ago -

You sound thrilled. 



I don't get that out of the OP at all. Looks to me like they are just stating the facts. 

AwesomeTattooedDragon --- 180 days ago -

Oh, for God's sake! Were you even alive in 2008? The market even came back from that, and with a bull market! The only people who lost money were the scaredy cats who sold their stocks! 

sdanielmcev --- 180 days ago -

Ah! Another history buff(oon)! 

AwesomeTattooedDragon --- 180 days ago -

LOL! 

WatchOut --- 180 days ago -

Oh, for God's sake! Were you even alive in 2008? The market even came back from that, and with a bull market! The only people who lost money were the scaredy cats who sold their stocks! 


False.

Tell that to the owners of Lehman Bros stock that lost every penny in 2008. History buffoon indeed. 

Emperor of Kingwood --- 180 days ago -

This is amusing. The OP references 1929 where the market lost 91% of its value. We've lost about 10% in 2018. Hardly on track with 1929. 

AwesomeTattooedDragon --- 180 days ago -

Voice of Drama and whatchit love to create fear and trouble. watchit brings up the Lehman Bros like he was a member of the family! LOL! You sound like a pub, bud. dems don't like the stock market, remember? 

sdanielmcev --- 180 days ago -

Lehman's failed because it was corrupt. Their failure precipitated the global financial crisis. Not the other way around. 

sdanielmcev --- 180 days ago -

As a side note, the Great Depression was more about the Dust Bowl than a few stock traders losing their shirts. 

voice of reason --- 180 days ago -

You sound thrilled.



how in the world did you take 2 plus 2 and get 58? smh 

voice of reason --- 180 days ago -

the gal named daniel clearly has fox news on and is regurgitating their spiel. 

KwMillennial --- 180 days ago -

Wow. This place delivers. Another Great Depression. Heard it here first! 

OrdinaryGuy --- 180 days ago -

Actually I consider it a great BUYING opportunity. 

AwesomeTattooedDragon --- 180 days ago -

Maybe the Voice of Doom is more appropriate. 

OrdinaryGuy --- 180 days ago -

Actually this current session that the Dow is going through was caused by the Fed who raised interest rates again. 

sdanielmcev --- 180 days ago -

the gal named daniel clearly has fox news on and is regurgitating their spiel. 

Uh, no. This guy likes to read. I don't even own a TV. But I do have 3 sets of encyclopedias, which I peruse regularly. And a full set of OED. 

Emperor of Kingwood --- 180 days ago -

Actually this current session that the Dow is going through was caused by the Fed who raised interest rates again.

Yep. 

OrdinaryGuy --- 179 days ago -

 

voice of reason --- 179 days ago -

U.S. stocks suffer worst week in a decade
Dow industrials posted their worst week since 2008. The Standard & Poor’s 500-stock index and the Dow are on track for their worst Decembers since 1931, during the Great Depression.
Technology stocks dragged the Nasdaq into bear market territory, which is a 20 percent drop from its high. 

voice of reason --- 179 days ago -

BREAKING NEWS
Stocks fell sharply again. The tech-heavy Nasdaq is down over 20 percent from its peak, entering a bear market, an ominous milestone.
Friday, December 21, 2018 4:04 PM EST
The Nasdaq is not the only the part of the market in such distress. The Russell 2000 index, which tracks shares of smaller companies, entered a bear market earlier this week. Seven of the S&P 500’s 11 industrial sectors are also at the level, led by energy stocks, which are down 28 percent from their highs earlier this year. That’s in large part because crude oil has been in a bear market since November. 

sdanielmcev --- 179 days ago -

BREAKING NEWS!
WHO CARES? 

DVaz --- 179 days ago -

And it'll be up next week. VoR will claim it's Obama policies. She literally has the mental capacity of a nine year old special education student. 

AwesomeTattooedDragon --- 179 days ago -

VoD. Voice of Doom. 

TinktheSprite --- 179 days ago -

No one likes the downward trends of the stock market especially those who are close enough to retiring like us. Investments are a risk. You have to roll with the punches (and the stock market punches a lot!) or this type of investing is not for you.

Fortunately for us, just before these last tumbles, we visited our financial advisor and secured and guaranteed at least 5 years worth of income. The rest well, we have to just wait for another upturn because a you may know, it usually recuperates it's losses. 

OrdinaryGuy --- 178 days ago -

It will eventually go back up. Meanwhile I'm buying at low prices. 

OrdinaryGuy --- 178 days ago -

Even though the stock market is way down, I'm still up 14% since inception. It still beats the heck out of savings accounts that pay a quarter percent. 

sdanielmcev --- 178 days ago -

The NYSE is rarely an accurate economic indicator. GDP and employment rates are more indicative. 

DVaz --- 178 days ago -

The NYSE is rarely an accurate economic indicator. GDP and employment rates are more indicative. 

The truth liberals just choose to ignore because it hurts their "hate Trump" narrative. 

DVaz --- 178 days ago -

Double post 

a3295767uu --- 178 days ago -

The market is not about liberals. Can't blame this on them. Concerns about trade, the fed, slowing global growth are the main issues.
We have been at 95% cash since Oct./2018.
We have out performed the market by 19% since Oct. +2% vs -17%.
Most of our cash is in BSV with little risk and 3% yield. 

Emperor of Kingwood --- 178 days ago -

Still heavy stocks, bio med and banking, light on tech.

Heavy in real estate and peer to peer lending 

a3295767uu --- 178 days ago -

We have been in/out of biotech ETF IBB over the years. Currently out. Like Morgan Stanley on the banking sector. Will be sitting on the sidelines until market sentiment changes. Our 5% in equites are in mREITs. High yield/high risk. Avg. mREITs are yielding 12% +. 

a3295767uu --- 178 days ago -

The NYSE is rarely an accurate economic indicator. GDP and employment rates are more indicative.Â

The truth liberals just choose to ignore because it hurts their "hate Trump" narrative.

The market has never been indicator of the current economy. Always forward looking.
Also the "truth liberals" can look at the current numbers.

Nasdaq is in bear market. down 22% from
52 week high.

S & P 500 down 17%. 

a3295767uu --- 178 days ago -

Energy down 40%

You can thank Trump in part due to tariffs and his management style.

Tariffs are another form of taxes. 

Emperor of Kingwood --- 178 days ago -

Energy down 40%

You can thank Trump in part due to tariffs and his management style.

Nope. Pure supply and demand. 

a3295767uu --- 178 days ago -

Not blaming Trump for the drop in the energy sector but in part for the current bear market.

So, lets look at the demand side of oil. And I agree, all commodities are priced by supply/demand. Oil, corn, sugar etc.
If the forecast is for slower global growth then worldwide demand will be down. Lower demand with increased supply will only lower the price for WTI. WTI futures were trading north of $68 Nov. 1. I see WTI 4th quarter 2019 or sometime in 2020 at $35-$40 bbl. maybe lower. 

fuzz81 --- 176 days ago -

And this morning mnuchin scares the market with questions about bank liquidity.

The trump admin is a joke. 

fuzz81 --- 176 days ago -

ATD has been here calling people names in retaliation to the facts. Way to go. 

page 1 2 3
Login to add your comments!

see more discussions about...


Online now:
hit counters

Terms of Service - Privacy Policy - Ice Box

Kingwood Underground