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For all you stock market doomsayers - a picture is worth a thousand words

Posted on 4/5/25 at 11:35 am
Posted by Stinger_1066
On a golf course
Member since Jul 2021
2899 posts
Posted on 4/5/25 at 11:35 am
Posted by CaptainJ47
Gonzales
Member since Nov 2007
7607 posts
Posted on 4/5/25 at 11:36 am to
How about you update the chart to show that the market is at 38,300? Still a really sharp, brutal pullback. I am using it as a buying opportunity personally but it doesn’t mean that it doesn’t suck.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
281843 posts
Posted on 4/5/25 at 11:38 am to
This chart you people keep posting from your influencers is off quite a bit.

We are below 38k

Your chart is dishonest.
Posted by GeauxBurrow312
Member since Nov 2024
2076 posts
Posted on 4/5/25 at 11:39 am to
The Dow Jones is at 38,314.86

That is not below 38,000
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
281843 posts
Posted on 4/5/25 at 11:39 am to
Hes got it over 40k.

Its dishonest as frick
Posted by The Egg
Houston, TX
Member since Dec 2004
81777 posts
Posted on 4/5/25 at 11:40 am to
Need an updated pic for a true gauge
Posted by Corinthians420
Iowa
Member since Jun 2022
12841 posts
Posted on 4/5/25 at 11:40 am to
Were people ignoring those low points while they were going on? Hell nawl.

Its easy to ignore them now that we rebounded. Also ur chart is wrong, we are lower now
Posted by Sofaking2
Member since Apr 2023
12559 posts
Posted on 4/5/25 at 11:41 am to
But it’s not below 38K so technically GeauxBurrow is right.
This post was edited on 4/5/25 at 11:43 am
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
281843 posts
Posted on 4/5/25 at 11:42 am to
quote:

But it’s not below 38K



He has it at 44k, whoich is absolute bullshite.

By monday we will be below 38k.

Posted by GeauxBurrow312
Member since Nov 2024
2076 posts
Posted on 4/5/25 at 11:44 am to
You are both being dishonest. The picture isn't accurate, neither is saying its below 38k when it is not sub 38k

People need to relax. The market oversold, foreign markets didnt have as big of a sell off and they will be hurt much more than the US from the trade war.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
281843 posts
Posted on 4/5/25 at 11:46 am to
quote:

The picture isn't accurate,

Then the OP is wrong.

Stop defending stupidity
Posted by Victor R Franko
Member since Dec 2021
767 posts
Posted on 4/5/25 at 11:47 am to
You're being dishonest too. DJIA is not below 38k. Yesterday's low never reached below 38,264. Not that less than 1% matters.
The chart may be misleading because April 3 and 4 had such hard falls.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
281843 posts
Posted on 4/5/25 at 11:47 am to
quote:

DJIA is not below 38k.


Will be Monday.

Posted by BlackPawnMartyr
Houston, TX
Member since Dec 2010
15810 posts
Posted on 4/5/25 at 11:48 am to
This is great. Been obvious the bubble was going to burst for some time now so I used the opportunity a few months ago to trim fat and free up cash to buy. Hope it goes down more, can't wait to get some good deals. Been telling people for months we were in a massive big 6 ai stock bubble and once it burst it was going to take the market with it.
Posted by DaBike
Member since Jan 2008
10130 posts
Posted on 4/5/25 at 11:48 am to
quote:

Psaki says Biden doesn't look at the stock market to judge how well the economy is doing


It's always interesting how selective the Democrats are about when things matter and when they don't.
Posted by Nosevens
Member since Apr 2019
14396 posts
Posted on 4/5/25 at 11:53 am to
Imagine thinking this pull back is concerning. It’s so overpriced still and needs retraction even more if for no other reason but to have a foundation. Getting down to the 20,000’s could be interesting that could springboard. Haven’t seen a real correction in 17 years except for that Covid head-fake and historically you would see around every 7 or so years. Don’t shoot the messenger as it’s better that a complete meltdown
Posted by Corinthians420
Iowa
Member since Jun 2022
12841 posts
Posted on 4/5/25 at 11:55 am to
quote:

foreign markets didnt have as big of a sell off and they will be hurt much more than the US from the trade war.

They are all going into a war with 1 market. we are going into a simultaneous war with 100+ markets. Of course we will be more affected.
Posted by Victor R Franko
Member since Dec 2021
767 posts
Posted on 4/5/25 at 11:57 am to
I done the same. Took a lot of long tem gains late last year and into February of this year. Been slowly buying back in and reallocating holdings. Getting stocks at huge discounts. I'm guessing it'll take 9 months to a year to shake out. Long enough for recently purchased to roll into Long Term holdings.
This post was edited on 4/5/25 at 11:58 am
Posted by GeauxBurrow312
Member since Nov 2024
2076 posts
Posted on 4/5/25 at 11:57 am to
The US is not 1 market, it is the market

Trade deals will start flooding in. The countries that hold out and wait will be ruined, we will have no incentive to work with them
Posted by oklahogjr
Gold Membership
Member since Jan 2010
39390 posts
Posted on 4/5/25 at 11:58 am to
Fix your graphic the hockey stick went down further than you're showing although not surprised you missed that ...
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