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Started By
Message
re: Dow Jones 5-Year chart.
Posted on 2/28/20 at 9:01 am to NYNolaguy1
Posted on 2/28/20 at 9:01 am to NYNolaguy1
Hahaha
There are posters here who always post downturns and try to make something of it, even when it is merely seesawing
There are posters here who always post downturns and try to make something of it, even when it is merely seesawing
1
Posted on 2/28/20 at 9:02 am to alatxtgr
quote:
But his policy and direction have great influence on the markets direction.
Yep, which is why the market was down over 1500 points for Trump's second year (2018) - a direct result of his trade policies.
Posted on 2/28/20 at 9:07 am to WildTchoupitoulas
quote:
Yep, which is why the market was down over 1500 points for Trump's second year (2018) - a direct result of his trade policies.
What he meant was
quote:
All the down turns aren't his fault, all the times it went up are because of his direction.
This post was edited on 2/28/20 at 9:07 am
Posted on 2/28/20 at 9:07 am to gthog61
quote:
There are posters here who always post downturns and try to make something of it, even when it is merely seesawing
Huh?
Posted on 2/28/20 at 9:09 am to Mid Iowa Tiger
quote:
The "news" hyping everything on points swing ignores the way larger base for those point swings.
True. Many of the large drops have been in the last two years, but we also had a huge increase during that time too.
Posted on 2/28/20 at 9:14 am to NYNolaguy1
quote:
thats exactly why the stock market isnt a great barometer of how well a president is doing
probably a good thing to keep in mind right now.
although i'm pretty sure the president disagrees.
Posted on 2/28/20 at 9:16 am to HubbaBubba
quote:
Still, I parked everything on the sidelines almost two weeks ago
Posted on 2/28/20 at 9:17 am to AlxTgr
quote:Hard lesson learned long ago, and was true this time, too. Go with your gut instinct.
I am out now. How do I know when to get back in?
See my post from last month: Me thinking it was time to sell
Posted on 2/28/20 at 9:18 am to boomtown143
quote:
Great buying time.
This can't be posted enough and it seems all agree...but why with so many willing buyers are equities and commodities still tumbling???
Posted on 2/28/20 at 9:19 am to NYNolaguy1
quote:
Like I said when everyone would post how well the stock market was doing (and those posts seem to be dwindling now )... the president often has very little to do with how well or how poorly the stock market performs.
You're not necessarily wrong, but it is hard to ignore that HUGE jump between 2017 and 2018, and not look for potential cause. Certainly Trump wasn't the only factor for the rise, but to look at the market pre election and compare to post election, and not think that Trump's presidency had a HUGE effect is willfully disingenuous
Posted on 2/28/20 at 9:21 am to Alt26
quote:
hard to ignore that HUGE jump between 2017 and 2018, and not look for potential cause
sudden increase in likelihood of significant corporate tax cut
Posted on 2/28/20 at 9:30 am to boomtown143
quote:
Great buying time.
Not for the average, long-term investor. Dollar cost averaging for the win.
I hadn't changed my strategy since 1990 until about 2 years ago when I started moving gradually into bonds as I near retirement. I'm still buying stocks, but I've gone from purchasing 1:4 bonds to stock, to 1:4 stock to bonds.
But it was steady dollar cost averaging from 1990-2018 that helped me weather the 2000 and 2008 downturns.
Posted on 2/28/20 at 9:31 am to Buckeye Jeaux
100% of that drop is due to COVID-19.
Posted on 2/28/20 at 10:28 am to Pelican fan99
quote:President Obama took office on January 10, 2009.
That thing was flat as shite the last couple years of Obama Then took off like a rocket after Trump won
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