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Old 05-05-2019, 11:26 PM
 
Location: SC
8,705 posts, read 5,513,506 times
Reputation: 12682

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Futures are over 400 points down...

https://finance.yahoo.com/news/u-sto...004818734.html

 
Old 05-06-2019, 05:12 AM
 
Location: Tucson/Nogales
17,125 posts, read 20,929,244 times
Reputation: 23726
Alan Greenspan referred to the stock market as fickle, unpredictable. He saw no earthly reason for the big crash in 1987, and he saw no earthly reason for the stock market to skyrocket during the mid to late 90's. The stock market can find the most flimsy reason for it to go up or down.
 
Old 05-06-2019, 05:17 AM
 
Location: western East Roman Empire
6,474 posts, read 10,545,496 times
Reputation: 5491
I make more money when the stock market goes down, as long as it's limited to no more than 10% or so over a quarter.

So volatility is quite welcome.

Helpful when lots of fickle people actually take seriously windbag politicians of any stripe.

After some twists and turns, US economy would be just fine without seemingly inextricable entanglements with China.
 
Old 05-06-2019, 05:44 AM
 
Location: Boston
7,075 posts, read 2,067,291 times
Reputation: 5116
buy on rumor, sell on results.
 
Old 05-06-2019, 11:08 AM
 
Location: East Coast of the United States
16,783 posts, read 19,193,181 times
Reputation: 12404
Quote:
Originally Posted by blktoptrvl View Post
Futures are over 400 points down...

https://finance.yahoo.com/news/u-sto...004818734.html
You were absolutely silent when the stock market hit an all-time record high just 3 days ago.

Hmm... I wonder why. LOL
 
Old 05-06-2019, 11:11 AM
 
69,810 posts, read 70,405,688 times
Reputation: 47496
i just killed all my fund buys ... nothing is down enough now to warrant using my dry powder ...

it was different when i put the orders in and we were down 540 ... but now it is down nothing special .. i will look later
 
Old 05-06-2019, 11:12 AM
 
Location: NE Mississippi
13,155 posts, read 8,313,145 times
Reputation: 19243
Quote:
Originally Posted by blktoptrvl View Post
Futures are over 400 points down...

https://finance.yahoo.com/news/u-sto...004818734.html
If you had bought worthwhile stocks the day Trump was sworn in, you wold have much more money now.
 
Old 05-06-2019, 11:37 AM
 
Location: Aurora Denveralis
6,832 posts, read 2,384,385 times
Reputation: 10627
Quote:
Originally Posted by BigCityDreamer View Post
You were absolutely silent when the stock market hit an all-time record high just 3 days ago.

Hmm... I wonder why. LOL
So you think it's okay when DJT says stupid, pointless things that can cause major financial fluctuations? Okay.
 
Old 05-06-2019, 12:14 PM
 
Location: NE Mississippi
13,155 posts, read 8,313,145 times
Reputation: 19243
Quote:
Originally Posted by Quietude View Post
So you think it's okay when DJT says stupid, pointless things that can cause major financial fluctuations? Okay.
The greatest major fluctuation was caused by his election. Today's fluctuations are less than 1%.
 
Old 05-06-2019, 12:19 PM
 
Location: Aurora Denveralis
6,832 posts, read 2,384,385 times
Reputation: 10627
Quote:
Originally Posted by Listener2307 View Post
The greatest major fluctuation was caused by his election. Today's fluctuations are less than 1%.
Not really a rationalization no matter what your political position. If Elon Musk is being dragged over the coals (rightly, IMHO) for some stupid, sloppy tweets that tipped Tesla's financial future, having one of the most influential people on earth babble nonstop, usually false when not entirely subjective BS about critical economic issues should be... criminal.

But nah, it's just the Toddler-in-Chief playing wid mommy's cell phone.
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