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Started By
Message
re: Peter Schiff is Broadcasting Live.
Posted on 8/5/24 at 8:50 am to Curb Your TDS
Posted on 8/5/24 at 8:50 am to Curb Your TDS
quote:Or, higher. The Dow Jones hasn't been this low going all the back to....well, June, about 8 weeks ago.
Or mean that we could go a lot lower.
I can't find the news that the Fed cut rates 1% or 2% in an emergency meeting before the market opened today.
Could you please link to that announcement? Thanks.
2
Posted on 8/5/24 at 9:06 am to LSURussian
I don't get the freak out
It isn't that big seems normal no?
It isn't that big seems normal no?
Posted on 8/5/24 at 9:07 am to LSURussian
quote:
I can't find the news that the Fed cut rates 1% or 2% in an emergency meeting before the market opened today.
Could you please link to that announcement? Thanks.
Posted on 8/5/24 at 9:16 am to thelawnwranglers
quote:Some people aren't happy unless they're miserable.
I don't get the freak out
quote:Right. Even with the pullback the past three trading days both the Dow Jones and the S&P500 index are considerably higher than they were when this year started.
It isn't that big seems normal no?
I guess having sat through Monday, October 19, 1987 looking at my Bloomberg terminal at work when the Dow Jones lost over 22% in one day, and yet recovered its losses in six months, a pull back of 3% seems
. Warren Buffett has a saying about days like today: "Investors should be fearful when others are greedy, and greedy when others are fearful."
If there are a few more threads started on here like this one, I'm going to get very greedy...
Posted on 8/5/24 at 9:18 am to LSURussian
quote:
a pull back of 3% seems
It's a garden variety red day, but because of market levels the headlines of "Dow down 1000 points" are catchy and get lots of clicks.
This post was edited on 8/5/24 at 9:19 am
Posted on 8/5/24 at 9:47 am to fallguy_1978
quote:
It's a garden variety red day, but because of market levels the headlines of "Dow down 1000 points" are catchy and get lots of clicks.
The vast majority of us should see these situations as opportunities. But the human mind is easily controlled (ex. by the media). Groupthink and herd mentality overcome the weak.
If the equity indexes continue to slide, I will buy all the way down, and buy on the way up as well, whether that is in weeks, months or years.
Posted on 8/5/24 at 10:07 am to Curb Your TDS
Inflation is going to start popping again
Posted on 8/5/24 at 10:27 am to Curb Your TDS
Why does the MoneyTalk attract so many alters?
Posted on 8/5/24 at 2:44 pm to slackster
a few weeks ago my 83 y/o mother texted me about the Dow down 500 pts.
Like she was worried. I told her that's levels not seen since early July.
annnnndd right on cue, she texts me this "Market wayyy down".
Like she was worried. I told her that's levels not seen since early July.
annnnndd right on cue, she texts me this "Market wayyy down".
This post was edited on 8/5/24 at 2:47 pm
Posted on 8/5/24 at 5:14 pm to Curb Your TDS
No need to cut rates unless the printers run out of ink. Print baby print.
Posted on 8/5/24 at 5:59 pm to Curb Your TDS
Equities consistently tank after rate cuts
Posted on 8/24/24 at 8:43 am to TDTOM
quote:
Curb Your TDS
This pays well by the way
Short DJT
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