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Right now both the DOW and the NASDAQ have come down so hard over the last two weeks that they are both trying to test and possibly crash through the yearly low they set on Biden's watch.
Here's hoping it turns around before that. If either breaks through their lows, OUCH! It won't be pretty.
This is why people who have no clue at all about investing should stop getting excited about one day up or even one week.
Putting lipstick on this pig won't make it look better. It is what it is at this point. A dead rotting pig.
Status:
"I don't understand. But I don't care, so it works out."
(set 10 days ago)
35,637 posts, read 17,989,189 times
Reputation: 50679
Quote:
Originally Posted by Stephan A Smith
Right now both the DOW and the NASDAQ have come down so hard over the last two weeks that they are both trying to test and possibly crash through the yearly low they set on Biden's watch.
Here's hoping it turns around before that. If either breaks through their lows, OUCH! It won't be pretty.
This is why people who have no clue at all about investing should stop getting excited about one day up or even one week.
Putting lipstick on this pig won't make it look better. It is what it is at this point. A dead rotting pig.
I'm not relying on my own expertise to make stock market decisions, Stephan, but rather, financial advisors and family members and friends who are very market savvy.
And over the long haul, it's gone quite well, thank you.
It was overvalued a year ago. Unsustainable.
And now, it appears to be trying to hover around 32.5.
When I look at the market in the last 5 years, it's not a pig. At all.
“It’s confirming some of the fears I’ve been hearing from investors this week,†said Lori Calvasina, head of U.S. equity strategy at RBC Capital Markets. She said alarm over inflation has been driving stocks lower this week.
Yeah, that's how desperate Democrats are at this point.
Biden and the Democrats have royally screwed over Americans and it's getting worse by the day.
The worst is yet to come. Things are going to be worse than 2008/2009 for some people. It's getting real folks.
But just remember. This is exactly what people voted for and they are getting it good and hard. I don't want to hear any complaints from Biden voters, UNLESS they finally admit they made a mistake.
Yes, the cause of this entire mess. Along with Ukraine.
Oh... and it's really not so bad as it looks, is it lefties? Except it is. Will you still be whistling little woke tunes and denying that anything is messed up when you are in a soup line, hoping for a slice of stale bread handed out by Biden and the Boys?
Housing needs to crumble. It was NUTS the last 6 months.
Is it because they raised mortgage rates so people are renting instead of buying? I have a good unit on the market and it's just sitting there. Slowwww.
I am not in dire straits to sell, but I just wanted to consolidate.
Rent are insane. I don't know how these people are paying for this stuff,...I'd feel bad as a landlord,.lol.
Status:
"I don't understand. But I don't care, so it works out."
(set 10 days ago)
35,637 posts, read 17,989,189 times
Reputation: 50679
Quote:
Originally Posted by ChrisC
Yes, the cause of this entire mess. Along with Ukraine.
Oh... and it's really not so bad as it looks, is it lefties? Except it is. Will you still be whistling little woke tunes and denying that anything is messed up when you are in a soup line, hoping for a slice of stale bread handed out by Biden and the Boys?
Maybe the truth is, if you're going to envision something you're predicting that hasn't panned out yet, and you don't really have control over it, best to picture it turning out well than turning out really badly?
And then between now and when whatever it is eventually happens, you're at peace.
Best advice I was ever given. Life-changing. If you have to imagine an outcome that you can't change, and can't fully predict, best to imagine it going well.
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