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Started By
Message
re: DOW 29K!!!!!!!!!!!!!!!!!!!
Posted on 9/2/20 at 2:25 pm to beastieboys
Posted on 9/2/20 at 2:25 pm to beastieboys
quote:
US has over 187,000 dead from Covid, 30-50 million jobless, cities collapsed, industries gutted (restaurants, airlines, etc.), evictions loom, but yeah the Dow is rocking.
Cry, bitch.
0
Posted on 9/2/20 at 2:26 pm to anc
It's been a great year financially.
Posted on 9/2/20 at 2:28 pm to beastieboys
quote:Blame China and Dem governors who put the elderly at risk on purpose.
US has over 187,000 dead from Covid
quote:Blame China and the governors for this
30-50 million jobless
quote:Blame Dem governors and mayors who allow it to happen and refuse aid from the President, who is willing to give it
cities collapsed
quote:See above
industries gutted (restaurants, airlines, etc.), evictions loom
quote:It is, and it's good to have some good news in a time where the left is trying to ruin the country for political purposes.
but yeah the Dow is rocking.
This post was edited on 9/2/20 at 2:34 pm
Posted on 9/2/20 at 2:28 pm to upgrayedd
90krugmanguy tears just got in some poor customer’s latte
Posted on 9/2/20 at 2:29 pm to beastieboys
The Dow is rocking because people are starting to realize that Joe Biden will not be the man fixing all those problems.
Posted on 9/2/20 at 2:37 pm to beastieboys
quote:
beastieboys
Still working at McDonalds and living with mom I see.
Posted on 9/2/20 at 2:41 pm to anc
quote:Yeah.
Ive red pilled more people this year that put $500 in Tesla and Apple in March and now have $3500-$4000 than you would think.
Kudos to the TSLA investors. I've never been able to make sense of that one.
As for AAPL had to bite the bullet at these levels, and take some LTCGs off the table.
Posted on 9/2/20 at 2:41 pm to anc
quote:
Looks like a V shape recovery here to me.
I hope you’re right, and I think it will be, but the stock market is not the economy.
Posted on 9/2/20 at 2:45 pm to anc
My company announced today they've shaved off 7% of their work force permanently and will reevaluate next quarter if we need more.
Also said they don't see oil cracking $50/bbl in the next two years, which is huge for our industry. Basically letting us know we're in a for a rough two years.
I guess maybe the DOW doesn't really equal the whole economy.
Also said they don't see oil cracking $50/bbl in the next two years, which is huge for our industry. Basically letting us know we're in a for a rough two years.
I guess maybe the DOW doesn't really equal the whole economy.
Posted on 9/2/20 at 2:47 pm to beastieboys
yea funny how that happens? there is no reason for our stock market to be making record gains with the overall outlook of the economy being so bad right now. My 401k is happy and i am happy it just doesn't make since.
Posted on 9/2/20 at 2:47 pm to beastieboys
quote:
beastieboys
Been hitting that Brass Monkey too hard again.
Posted on 9/2/20 at 2:48 pm to hawkeye007
quote:
there is no reason for our stock market to be making record gains
interest rates are damned near zero.
Posted on 9/2/20 at 2:50 pm to beastieboys
quote:
US has over 187,000 dead from Covid, 30-50 million jobless, cities collapsed, industries gutted (restaurants, airlines, etc.), evictions loom, but yeah the Dow is rocking.
well i'm doing great but i'm glad you're miserable!
cheer up maybe you'll get muh covid! and die!
Posted on 9/2/20 at 2:50 pm to anc
I did not expect it to stay above 29k, but it did not get the resistance I was expecting.
I had a year end goal for my 401k that I did not really expect to hit this year. I checked my balance this morning (have not in months) and I was about 0.16% away from hitting it.
Just going to say I feel really blessed to be in the situation I am. Doing my part to give back over the holidays this year. Wishing all of you the best.
I had a year end goal for my 401k that I did not really expect to hit this year. I checked my balance this morning (have not in months) and I was about 0.16% away from hitting it.
Just going to say I feel really blessed to be in the situation I am. Doing my part to give back over the holidays this year. Wishing all of you the best.
Posted on 9/2/20 at 2:51 pm to beastieboys
quote:FALSE!
US has over 187,000 dead from Covid
The US has 187,000 dead who concomitantly tested positive for Covid.
US has over 11,200 dead from Covid.
quote:With regard to those other issues, the DJIA is a leading indicator as to where we are headed.
30-50 million jobless, cities collapsed, industries gutted (restaurants, airlines, etc.), evictions loom, but yeah the Dow is rocking.
quote:Oh no, cuz ... There is plenty to see ... and there are plenty watching ...
Move along everyone. Nothing to see..
Posted on 9/2/20 at 2:58 pm to anc
How dare you rejoice!! There are millions of people dying in the streets because of covid. The hospital system is overrun and you can only think about stocks!!!!!
Hells yassss!
Hells yassss!
Posted on 9/2/20 at 3:05 pm to redneck hippie
i am a mortgage lender i understand this but what do interest rates at all time lows do with a surging stockmarket
Posted on 9/2/20 at 3:05 pm to beastieboys
quote:
US has over 187,000 dead from Covid
No it doesn't.
Just because there are 187k folks dead, it doesn't mean it's from COVID.
Posted on 9/2/20 at 3:09 pm to beastieboys
quote:
US has over 187,000 dead from Covid, 30-50 million jobless, cities collapsed, industries gutted (restaurants, airlines, etc.), evictions loom, but yeah the Dow is rocking.
Move along everyone. Nothing to see..
quote:
beastieboys
Awww, poor thing. Having a bad day. Tsk, tsk.
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