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Started By
Message
re: Dow down 1000 points
Posted on 8/5/19 at 3:03 pm to NYNolaguy1
Posted on 8/5/19 at 3:03 pm to NYNolaguy1
closed at 767? bet its up bigly tomorrow.
1
Posted on 8/5/19 at 3:04 pm to TigerScratch
That is a horrible attempt at hiding your brag. 
Posted on 8/5/19 at 3:05 pm to TigerScratch
quote:
I closed down $66k today alone. Down $130k since 7/31.
Not so subtle brag
Posted on 8/5/19 at 3:58 pm to Powerman
quote:Don't make definitive statements about things that you're only tangentially knowledgeable about.
You can't re-balance your account holdings daily
Many employers have 401(k) plan administrators who re-value their employees' holdings daily and allow the employees to make investment changes any time they want to do so. And I'm not talking about only mega-sized companies. My wife's company with about 500 employees had that kind of flexibility with their 401(k) plan.
This post was edited on 8/5/19 at 4:38 pm
Posted on 8/5/19 at 4:40 pm to saints5021
Up 50% in first by May 31 in 3rd year of Obama versus 25% for same period of Trump. More than doubled under Obama.
Posted on 8/5/19 at 4:40 pm to Desert King
Thanks Donald
Posted on 8/5/19 at 4:47 pm to JohnnyU
quote:I guess you're just going to ignore that the Dow Jones was up just under 50% last week from its 2016 election day close.
Up 50% in first by May 31 in 3rd year of Obama versus 25% for same period of Trump. More than doubled under Obama.
Even with last week's and today's pull back it's still up over 40% since election day.
You're not even trying to be honest.
Posted on 8/5/19 at 4:53 pm to NYNolaguy1
quote:
You guys make no sense... When the market goes up everyone dances around saying Trump is great. When it goes down its not his fault. Can we all agree that the president (of whichever party) often has very little influence over the market, whether it goes up or down?
That’s because we understand markets and corrections.
Posted on 8/5/19 at 4:58 pm to NYNolaguy1
quote:
Can we all agree that the president (of whichever party) often has very little influence over the market, whether it goes up or down?
Depends on if you mean on a daily or weekly basis or as an overall trend. The President has much to do with the overall trend but not as much on the short term basis.
So I don't agree with you.
Posted on 8/5/19 at 5:02 pm to Desert King
Didn’t end up that down
Posted on 8/5/19 at 5:19 pm to CAD703X
quote:
closed at 767? bet its up bigly tomorrow.
Futures are down 500 right now. Better do some magic shite.
Posted on 8/5/19 at 5:23 pm to Desert King
Good. Flush out all that Chinese money and influence out of our Country.
Posted on 8/5/19 at 5:34 pm to Cosmo
Hope it wasn't in tech sector. I trust the president's decision making as long as he does not let his pride get in the way. I am a broker and all of the fundamentals look great for a booming market. It is a shame the trade war is dragging us down a bit, but what a position to be in as we are now if you have to have a trade war. Remember if presidents before would have not been retarded we would not be in this position.
Posted on 8/5/19 at 6:04 pm to Desert King
Dude... I've been buying like a mofo. Anytime the market corrects itself and you aren't scarfing up stock, you are either dumb or broke. Keep spare cash in savings for moments like these. 
Posted on 8/5/19 at 6:05 pm to Desert King
If we took the posts when the market is down and add them to those when it is up the Dow would be at 2000.
Why is that?
Why is that?
Posted on 8/5/19 at 6:59 pm to Desert King
Futures already down another 500 points for tomorrow.
So much winning I can barely afford it.
So much winning I can barely afford it.
Posted on 8/5/19 at 7:15 pm to Desert King
I will give you back the last week or so if you give me all of the last 2.5 years.
This post was edited on 8/5/19 at 7:17 pm
Posted on 8/5/19 at 7:33 pm to Desert King
Trump campaigned on making china raise the value of the yuan.
During nk negotiations it appeared trump agreed to stop expecting china to raise value of yuan in return for china sitting on kim.
Today china lowered the value of the yuan.
During nk negotiations it appeared trump agreed to stop expecting china to raise value of yuan in return for china sitting on kim.
Today china lowered the value of the yuan.
This post was edited on 8/5/19 at 7:35 pm
Posted on 8/5/19 at 8:29 pm to TigerScratch
Do not react to swings in the market. Do not invest in stocks if you can’t afford dips because they will happen. And the market will always swing up again don’t invest what you cannot afford. The stock market isn’t a personal checking account.
Not speaking directly to you. I’m speaking to the idiots on here who think a dip in one day is going to cause wide spread panic. Perhaps amongst the “day traders” who don’t know anything about investing and market strategy. The stock market is a long term strategy. You do not sell when it goes low. You keep it there.
Not speaking directly to you. I’m speaking to the idiots on here who think a dip in one day is going to cause wide spread panic. Perhaps amongst the “day traders” who don’t know anything about investing and market strategy. The stock market is a long term strategy. You do not sell when it goes low. You keep it there.
Posted on 8/5/19 at 8:30 pm to CelticDog
quote:
CelticDog
I’m sure that made sense in your head.
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