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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

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voice of reason --- 30 days ago -

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

Prolix Raconteur --- 30 days ago -

You sound thrilled. 

WatchOut --- 30 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 --- 30 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 --- 30 days ago -

Ah! Another history buff(oon)! 

AwesomeTattooedDragon --- 30 days ago -

LOL! 

WatchOut --- 30 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 --- 30 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 --- 30 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 --- 30 days ago -

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

sdanielmcev --- 30 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 --- 30 days ago -

You sound thrilled.



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

voice of reason --- 30 days ago -

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

KwMillennial --- 30 days ago -

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

OrdinaryGuy --- 30 days ago -

Actually I consider it a great BUYING opportunity. 

AwesomeTattooedDragon --- 30 days ago -

Maybe the Voice of Doom is more appropriate. 

OrdinaryGuy --- 30 days ago -

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

sdanielmcev --- 30 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 --- 30 days ago -

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

Yep. 

OrdinaryGuy --- 30 days ago -

 

voice of reason --- 29 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 --- 29 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 --- 29 days ago -

BREAKING NEWS!
WHO CARES? 

DVaz --- 29 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 --- 29 days ago -

VoD. Voice of Doom. 

TinktheSprite --- 29 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 --- 29 days ago -

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

OrdinaryGuy --- 29 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 --- 28 days ago -

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

DVaz --- 28 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 --- 28 days ago -

Double post 

a3295767uu --- 28 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 --- 28 days ago -

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

Heavy in real estate and peer to peer lending 

a3295767uu --- 28 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 --- 28 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 --- 28 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 --- 28 days ago -

Energy down 40%

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

Nope. Pure supply and demand. 

a3295767uu --- 28 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 --- 26 days ago -

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

The trump admin is a joke. 

fuzz81 --- 26 days ago -

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

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