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Old 02-06-2018, 02:11 PM
 
12,772 posts, read 7,948,970 times
Reputation: 4332

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Quote:
Originally Posted by cheyenne2134 View Post
Why does facts hurt? About hundreds of articles said the same that everyone else was saying here. The DOW did suffer the biggest lost in one day period. That’s just facts

A large gain today shows how volatile the market currently is. We aren’t in the clear
Again, this is an incredibly poor measurement or representation of what happened. It was the biggest POINT drop. The market crash in 1929 was only 30 points, so are you content saying that was no big deal because it was only 30 points? No, because thats not how math and historical comparisons work.

 
Old 02-06-2018, 02:11 PM
 
1,721 posts, read 1,143,499 times
Reputation: 1036
Quote:
Originally Posted by mkpunk View Post
Wait when do the tac cuts go into effect for corporations?
It’s already in effect for 2018.
 
Old 02-06-2018, 02:12 PM
 
Location: Salisbury,NC
16,757 posts, read 8,170,329 times
Reputation: 8532
Quote:
Originally Posted by WaldoKitty View Post
I've made a lot of money being in the Market since Trump was elected.

I can see why you are bitter if you pulled your money like those who were told by the MSM it would crash if Trump was elected. Hope you learnt your lesson.
Me I pulled out at the beginning of January. Not bitter, just protecting gains. Volatility not that healthily for your or my money.
 
Old 02-06-2018, 02:15 PM
 
52,433 posts, read 26,493,847 times
Reputation: 21096
Quote:
Originally Posted by Boss View Post
Me I pulled out at the beginning of January. Not bitter, just protecting gains. Volatility not that healthily for your or my money.
Then you had YUGE gains since Trump was elected. Why the complaining? Trump Rage?
 
Old 02-06-2018, 02:15 PM
 
Location: Houston
26,979 posts, read 15,843,564 times
Reputation: 11259
Quote:
Originally Posted by Boss View Post
Me I pulled out at the beginning of January.
Anonymous people on the internet are real good at timing the market. Most people are not.
 
Old 02-06-2018, 02:21 PM
 
Location: East Coast of the United States
27,404 posts, read 28,481,259 times
Reputation: 24929
The DOW closed almost back to 25,000 today (24,912). It was a nice bounce.

We'll see what happens tomorrow.
 
Old 02-06-2018, 02:23 PM
 
1,721 posts, read 1,143,499 times
Reputation: 1036
Quote:
Originally Posted by t206 View Post
Again, this is an incredibly poor measurement or representation of what happened. It was the biggest POINT drop. The market crash in 1929 was only 30 points, so are you content saying that was no big deal because it was only 30 points? No, because thats not how math and historical comparisons work.
Omg, I guess facts don’t matter.

How about you take up your issue with the hundreds of publications and news stations that stated the same.

We can all deeply analyze it, how detrimental it was compared to previous dips, etc but facts is facts. That was a volatile drop, why do you think investors were shaky this morning about the market. It swung up and down all the way to close.
 
Old 02-06-2018, 02:28 PM
 
20,187 posts, read 23,800,118 times
Reputation: 9283
Quote:
Originally Posted by whogo View Post
Anonymous people on the internet are real good at timing the market. Most people are not.
I noticed that.... And I notice people who hate capitalism invest in it... I also notice doomsayers who leave their money in the market while professing it's doom... I am glad I used all my cash to invest in minutes before the market close yesterday while anti-Trumpers we're declaring the crash was due to political reasons rather than the bond markets... They don't realize the higher yield bond market is a GOOD sign of the economy... The dip was going to happen as a result but don't let the liberals own up to the truth...
 
Old 02-06-2018, 02:30 PM
 
12,772 posts, read 7,948,970 times
Reputation: 4332
Quote:
Originally Posted by cheyenne2134 View Post
Omg, I guess facts don’t matter.

How about you take up your issue with the hundreds of publications and news stations that stated the same.

We can all deeply analyze it, how detrimental it was compared to previous dips, etc but facts is facts. That was a volatile drop, why do you think investors were shaky this morning about the market. It swung up and down all the way to close.
Nope, facts DO matter, and calling it :
Quote:
Originally Posted by cheyenne2134 View Post
the biggest lost in one day period.
Is completely misleading, I don't care who says it. If its not prefaced with it being the biggest POINT loss in a one day period, its factually incorrect, sorry.
 
Old 02-06-2018, 02:31 PM
 
Location: Houston
26,979 posts, read 15,843,564 times
Reputation: 11259
Quote:
Originally Posted by cheyenne2134 View Post
Omg, I guess facts don’t matter.

How about you take up your issue with the hundreds of publications and news stations that stated the same.

We can all deeply analyze it, how detrimental it was compared to previous dips, etc but facts is facts. That was a volatile drop, why do you think investors were shaky this morning about the market. It swung up and down all the way to close.
News sources tend to go for dramatic headlines knowing that is what sells. The facts are that as the Dow has continued to rise over the years point drops and increases will be higher than in earlier years when the Dow set at lower levels.

But, yes, it was a rough day.
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