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Old 05-06-2019, 08:50 AM
 
Location: Florida
77,005 posts, read 47,597,802 times
Reputation: 14806

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Quote:
Originally Posted by MJJersey View Post
The market is due for a mild correction. But the losses on opening this morning are already closing. Long term the market will continue to melt up under Trump.
Why do you feel it is due for another correction? We have not even recovered from the previous one yet. The market peaked 16 months ago.

 
Old 05-06-2019, 08:50 AM
 
Location: alexandria, VA
16,352 posts, read 8,088,686 times
Reputation: 9726
Quote:
Originally Posted by MJJersey View Post
The market is due for a mild correction. But the losses on opening this morning are already closing. Long term the market will continue to melt up under Trump.
Long term the market will continue to rise long after Trump has been consigned to the dust bin of history.
 
Old 05-06-2019, 08:52 AM
 
1,134 posts, read 404,517 times
Reputation: 912
Quote:
Originally Posted by moneill View Post
Still no links to those predictions?
That's interesting -- I've tried a number of google searches. I would just like to read the articles. You seem defensive about supporting a statement you made. Just give the links instead of being snarky.
Try a little harder to understand. The predictions I'm reading are subscription only. Nowhere did I say otherwise. And I'm sure not giving out my log-in credentials.

If you're only going by what you find when googling headlines, all I can do is wish you luck. A correction is coming. The question is, how much. The markets need a nice pullback. If you don't understand why, do some research on why that's a good thing. It's not a bad thing.
 
Old 05-06-2019, 08:54 AM
 
Location: Florida
77,005 posts, read 47,597,802 times
Reputation: 14806
Quote:
Originally Posted by BlueRacer View Post
Try a little harder to understand. The predictions I'm reading are subscription only. Nowhere did I say otherwise.
Which publication?

Quote:
A correction is coming. The question is, how much. The markets need a nice pullback. If you don't understand why, do some research on why that's a good thing.
We just had one. Why do we need another one?
 
Old 05-06-2019, 08:55 AM
 
34,300 posts, read 15,640,522 times
Reputation: 13053
Quote:
Originally Posted by whogo View Post
It melted up more consistently under Obama.

This thread was started on January 4, 2018

Why are we due for a mild correction from a 4% gain in the last 16 months?
The physics doesn't support that opinion.

People melting down over all things trump has long been the evidence. Up or down it doesn't matter they put Trump on the negative side. Its the heads I win, tails you lose meme.
 
Old 05-06-2019, 08:59 AM
 
Location: Florida
77,005 posts, read 47,597,802 times
Reputation: 14806
Quote:
Originally Posted by whogo View Post
It melted up more consistently under Obama.
It was +300% under him.

Quote:
Why are we due for a mild correction from a 4% gain in the last 16 months?
DOW Jan 2018 = 26 600

DOW Today 26 200

We are below the 16 month peak.
 
Old 05-06-2019, 09:18 AM
 
8,411 posts, read 7,417,724 times
Reputation: 6408
The economy has been on the upswing for 8 years. Looks like Biden will make that a campaign highlight.
 
Old 05-06-2019, 09:23 AM
 
Location: Middle of the valley
48,515 posts, read 34,807,002 times
Reputation: 73728
Quote:
Originally Posted by BlueRacer View Post
Some of you guys sound dismayed at the little market drop this morning. It's just barely over 1%. If that scares you, I assume you do not participate in the markets, and you shouldn't. The predictions last week were for a 5-10% correction. Will we get there? I hope so. If you don't understand why someone would say that, it's probably best that you stay away from the markets.
No one sounds scared.


It is just this was unnecessary. I am not found of government via tweet.
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Old 05-06-2019, 09:32 AM
 
58,973 posts, read 27,267,735 times
Reputation: 14265
Quote:
Originally Posted by MJJersey View Post
The market is due for a mild correction. But the losses on opening this morning are already closing. Long term the market will continue to melt up under Trump.

" Long term the market will continue to melt up under Trump" some of the HIGHEST NUMBERS IN history is "melting" Got it!
 
Old 05-06-2019, 09:41 AM
 
Location: Florida
77,005 posts, read 47,597,802 times
Reputation: 14806
Quote:
Originally Posted by Quick Enough View Post
" Long term the market will continue to melt up under Trump" some of the HIGHEST NUMBERS IN history is "melting" Got it!
In a healthy market, you'd be hitting highest numbers on regular bases. Unfortunately we hit the high mark 16 months ago, and are struggling to get back to that level.
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