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re: Was that the shortest stick market "crash" in history?

Posted on 4/8/25 at 3:56 pm to
Posted by slackster
Houston
Member since Mar 2009
91277 posts
Posted on 4/8/25 at 3:56 pm to
quote:

Imports are ~11% of GDP and might end up tariffed at 15% on average. That's a 1.5% hit driving the market down ~12%.


And the market is priced at 20+x earnings.
It’s not a 1:1 relationship.
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 4/8/25 at 3:57 pm to
I've seen a few guys say retail is holding fine, and even buying in.

Posted by slackster
Houston
Member since Mar 2009
91277 posts
Posted on 4/8/25 at 4:09 pm to
quote:

I've seen a few guys say retail is holding fine, and even buying in.


That’s my personal experience too.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135344 posts
Posted on 4/8/25 at 4:13 pm to
quote:

People are nervous and have no clue what’s going on.
I hate to sound cold, but I'd expect to make a lot of money off of their "no clue." If you're sitting at a poker table with "no clue," every other player knows who the patsy is.
Posted by CollegeFBRules
Member since Oct 2008
25300 posts
Posted on 4/8/25 at 4:15 pm to
You’re not cold to buy low. I have taken quite a few positions these past few days, and will continue to take more as I see how this plays out. But that does not mean I look to celebrate this. I am far from celebrating.
Posted by jimmy the leg
Member since Aug 2007
41838 posts
Posted on 4/8/25 at 4:17 pm to
quote:

So yall need to find one message and stick to it.


Like you professing your love for the CCP?
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135344 posts
Posted on 4/8/25 at 4:19 pm to
quote:

And the market is priced at 20+x earnings.
It’s not a 1:1 relationship.
Oh I know. But there is zero accounting for the deregulation, tax cuts, and economic focus coming down the road. Put bluntly, New York TDS is the driver here. That's not opinion, frankly. It's fact.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135344 posts
Posted on 4/8/25 at 4:24 pm to
quote:

"Free trade" (which MAGA pretends to hate) will result on offshoring, not onshoring.
Your lack of confidence in American workers and American Exceptionalism is noted.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
294587 posts
Posted on 4/8/25 at 4:25 pm to
quote:

our lack of confidence in American workers

We are at full employment.

You have crackheads and Methany to choose from.
Posted by roadGator
Member since Feb 2009
154425 posts
Posted on 4/8/25 at 4:27 pm to
Is it good if only VIX is green?

I’m not a biologist.
Posted by MizzouBS
Missouri
Member since Dec 2014
6743 posts
Posted on 4/8/25 at 4:39 pm to
quote:

Wonder how they were doing in 2022 when the NASDAQ took a giant shite and Biden was nowhere to be seen. How many TDS'ers were on Biden's case about that one?

How many MAGA supporters were acting like Democrats are today?

Don’t know the answer, but I bet it’s pretty similar. Blaming the president
Posted by Tigertittie
Member since Sep 2021
857 posts
Posted on 4/8/25 at 4:56 pm to
No we're not. Turn off the free shite spigot and see how many more are willing to work.
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 4/8/25 at 4:57 pm to
quote:

Is it good if only VIX is green?

I’m not a biologist.


My Netflix is green today.

Barely.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135344 posts
Posted on 4/8/25 at 4:57 pm to
quote:

You’re not cold to buy low.


No. I'm not cold.
I'm compassionate to a fault, IRL.

If the market was more personal, I'd probably be asking my buyers/sellers "Are you sure you want to do this?"

But the market is not personal.
It's a distant transaction that may or may not be a good decision for the counterparty.

That has worked exceptionally well for me over the years.
Posted by slackster
Houston
Member since Mar 2009
91277 posts
Posted on 4/8/25 at 5:08 pm to
quote:

But there is zero accounting for the deregulation, tax cuts, and economic focus coming down the road. Put bluntly, New York TDS is the driver here. That's not opinion, frankly. It's fact.


That’s quite literally an opinion.
Posted by CollegeFBRules
Member since Oct 2008
25300 posts
Posted on 4/8/25 at 5:14 pm to
quote:

No. I'm not cold.
I'm compassionate to a fault, IRL.


From what I have learned about you over the years here, I know this to be very true. Always been one of my favorite posters.
This post was edited on 4/8/25 at 5:14 pm
Posted by DaveyJones12
Member since Dec 2022
323 posts
Posted on 4/8/25 at 7:03 pm to
“June 1st market will have recovered.”

You think S&P will be back to 6000+ by June 1? Actually?
Posted by tadman
Member since Jun 2020
5151 posts
Posted on 4/10/25 at 7:32 am to
quote:

Don’t know the answer, but I bet it’s pretty similar. Blaming the president



Except it's not.

Joe had no control over his bodily functions let alone the administration or country. We were a ship lurching from crisis to crisis. The country was being run by some combination of Hunter, Jill, Kamala, and a bunch of true believer drones working at the white house.

Today there is a very clear policy being set in order to make our economy viable for another generation. It has a short term cost, and so far it seems that short term cost is pretty small. You can disagree with the concepts of this policy even as a Trump supporter, but you can't disagree that there is a policy versus absentee leadership.
Posted by KCT
Psalm 23:5
Member since Feb 2010
45891 posts
Posted on 4/10/25 at 8:17 am to
quote:

Roger in shambles


Gilligan gonna Gilligan.
Posted by East Coast Band
Member since Nov 2010
66950 posts
Posted on 4/10/25 at 12:25 pm to
Back to crashing today
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