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Old 12-07-2018, 02:50 PM
 
11,404 posts, read 4,087,126 times
Reputation: 7852

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Ouch.


https://twitter.com/crampell/status/1071159133435514881

 
Old 12-07-2018, 02:51 PM
 
4,150 posts, read 3,906,215 times
Reputation: 10943
Quote:
Originally Posted by HappyRider View Post
This is like getting $600 off $25000 MSRP. Who cares? Question is would you be opening up a new thread when it goes back up 700 point next Monday.
Can you guarantee that?
 
Old 12-07-2018, 02:52 PM
 
Location: Barrington
63,919 posts, read 46,748,172 times
Reputation: 20674
Quote:
Originally Posted by kevinm View Post
Talk to the Democrats. They are the reason the markets are in flux. Democrats are bad for business. Business it taking its profits now before the Democratic House can steal them.
The 3 greatest single day Point drops in history occurred this year, two in February and one on October.
 
Old 12-07-2018, 02:52 PM
 
9,254 posts, read 3,587,882 times
Reputation: 4852
Quote:
Originally Posted by WaldoKitty View Post
This is fact.
  • December 7, 2010 - Dow = 11,360 ~Obama 13,400 when he was elected. Down 2040
  • December 7, 2018 - Dow = 24,388 ~Trump 18,400 when he was elected. UP 5988
Speaks for itself.

Economy has boomed under Trump.

And Trump didn't need stupid ass programs like Cash for Clunkers, and the Fed running QE forever.
When Obama took office, the Dow was at 7,949.09.

When Trump took office, the Dow was at 19,804.72.

Cherry-picking December 7 is a stupid way to advance your argument given where Obama started and where he finished.
 
Old 12-07-2018, 02:55 PM
 
Location: Florida
76,971 posts, read 47,640,534 times
Reputation: 14806
Quote:
Originally Posted by Adhom View Post
Trust me, Trump has a plan, just like God. Right now it's just a buying opportunity for those of you who wants to get on the MAGA train.
That's what the OP said when the DOW was 26 400....
 
Old 12-07-2018, 02:55 PM
 
672 posts, read 256,363 times
Reputation: 768
Quote:
Originally Posted by evilcart View Post
cool story...

i have been investing for decades .... YOU/ME have never seen a bull run go this long and frankly Trump has duck all to do with it. All he did was juice it with a massive tax scam....
That tax scam juicing was for the bigger players to take profits and reduce their overall exposure.
 
Old 12-07-2018, 02:59 PM
 
Location: Florida
76,971 posts, read 47,640,534 times
Reputation: 14806
Quote:
Originally Posted by neko_mimi View Post
You afraid we'll end up dropping back down to Obama levels?
We nearly tripled the market during his presidency, so this year is the first lousy year since 2008, and its all due to self inflicted wounds.
 
Old 12-07-2018, 03:00 PM
 
52,431 posts, read 26,636,151 times
Reputation: 21097
Quote:
Originally Posted by Finn_Jarber View Post
We nearly tripled the market during his presidency, so this year is the first lousy year since 2008, and its all due to self inflicted wounds.

Are you talking about AFTER it the market hit a 12 year low during Obama's first term.


Certainly nothing like that now.



Trump still winning!

Last edited by WaldoKitty; 12-07-2018 at 03:13 PM..
 
Old 12-07-2018, 03:01 PM
 
4,150 posts, read 3,906,215 times
Reputation: 10943
I have noticed the Trump backers are humbles bumbles the last couple of days.
 
Old 12-07-2018, 03:14 PM
 
52,431 posts, read 26,636,151 times
Reputation: 21097
Quote:
Originally Posted by jasperhobbs View Post
I have noticed the Trump backers are humbles bumbles the last couple of days.
how so?


The market has done great under Trump.
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