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Old 10-11-2018, 01:30 PM
 
Location: Mount Airy, Maryland
10,376 posts, read 5,864,086 times
Reputation: 15881

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Quote:
Originally Posted by TonyNC View Post
DOW down another 600 and counting

Dropping like a rock

Glad I sold almost everything 2-3 days ago - makes me smart!

You were either very smart or very lucky. When investors try to time the market the masses lose their asses.
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Old 10-11-2018, 01:30 PM
 
15,367 posts, read 5,679,401 times
Reputation: 11511
Quote:
Originally Posted by JackF View Post
The unfettered glee expressed by the OP at the remote thought of bad news for the USA is disgusting.
The bad news is self-inflicted by conservatives and their demagogue in the White House. You elected a fool and now the fool's policies are coming back to haunt him. If you support the fool, you own this too.
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Old 10-11-2018, 01:31 PM
 
Location: Florida -
8,748 posts, read 10,770,005 times
Reputation: 16574
Quote:
Originally Posted by Enigma777 View Post
Trump is blaming it on his own Fed--their fault.

Only because he cannot blame it on Hillary, Obama or the Chinese.
"Although an instrument of the US Government, the Federal Reserve System considers itself "an independent central bank because its monetary policy decisions do not have to be approved by the President or anyone else in the executive or legislative branches of government ..."

IOW, the Fed is not really "his own Fed" -- They quite often get arbitrary regarding interest rates and are sometimes at odds with the President

Of course, we all know "everything negative is always Trump's fault" ... and "everything positive is merely a continuation of Obama's policies"
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Old 10-11-2018, 01:32 PM
 
Location: Huntsville, AL
1,483 posts, read 693,604 times
Reputation: 1755
Quote:
Originally Posted by JAMS14 View Post
The bad news is self-inflicted by conservatives and their demagogue in the White House. You elected a fool and now the fool's policies are coming back to haunt him. If you support the fool, you own this too.
I didn't vote for him (didn't vote for the criminal he ran against either). But I sure as hell will in 2020!
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Old 10-11-2018, 01:33 PM
 
Location: Raleigh, NC
475 posts, read 94,226 times
Reputation: 256
Quote:
Originally Posted by DaveinMtAiry View Post
You were either very smart or very lucky. When investors try to time the market the masses lose their asses.
Iím both very smart and very lucky Dave!

This is 1st time ever that Iíve ďtimed the market.Ē

Hopefully Iíll time it right when I go back in
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Old 10-11-2018, 01:34 PM
 
15,367 posts, read 5,679,401 times
Reputation: 11511
Quote:
Originally Posted by jghorton View Post
"Although an instrument of the US Government, the Federal Reserve System considers itself "an independent central bank because its monetary policy decisions do not have to be approved by the President or anyone else in the executive or legislative branches of government ..."

IOW, the Fed is not really "his own Fed" -- They quite often get arbitrary regarding interest rates and are sometimes at odds with the President

Of course, we all know "everything negative is always Trump's fault" ... and "everything positive is merely a continuation of Obama's policies"
Who has been taking credit (or being given credit)for a rising economy and market for the last 8 years, even though he has only been in office for less than two again??
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Old 10-11-2018, 01:38 PM
 
968 posts, read 1,325,767 times
Reputation: 1890
LOL at the lib-tards wringing their hands. Where was the DOW again when Trump was elected? Dummies. Corrections are normal.
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Old 10-11-2018, 01:39 PM
 
Location: Houston
22,388 posts, read 11,525,123 times
Reputation: 9004
Quote:
Originally Posted by i_love_autumn View Post
Tech shares fell more than 4.5 percent Wednesday, marking their worst day since 2011
The sell-off led to the Dow sinking more than 800 points and the S&P 500 dropping more than 3 percent. It was also the 28th time since 2011 the S&P 500 posted a more than 2 percent decline, according to data from Birinyi Associates.
Dow falls again, bringing 2-day losses to more than 1,000 points


6-day losing streak!


Not looking so rosy now!
Smiling as Americans are losing their retirement savings. No wonder we hate liberals.
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Old 10-11-2018, 01:45 PM
 
Location: Sonoran Desert
29,287 posts, read 39,605,925 times
Reputation: 18707
Quote:
Originally Posted by phma View Post
Oil extends drop after a third-weekly rise in U.S. supplies

http://www.marketwatch.com/story/oil...dist=bigcharts
Saw that. The one plus to a global economic collapse is low oil prices. Well that and less illegal immigration.
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Old 10-11-2018, 01:59 PM
 
1,075 posts, read 469,811 times
Reputation: 723
Market is reacting to inflation and fed raising interest rate. Fighting China has a lot to do with it.
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