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Old 06-14-2022, 02:03 PM
 
Location: A Beautiful DEEP RED State
5,632 posts, read 1,770,332 times
Reputation: 3902

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DOW barely hanging onto 30,000. May end up in the 20’s if things fall any further.
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Old 06-14-2022, 03:29 PM
 
Location: A Beautiful DEEP RED State
5,632 posts, read 1,770,332 times
Reputation: 3902
On the bright side, it appears the last remaining stock market hopeful has at least stopped posting nonsense now.

Now we are all on the same side of the boat as it tips over.
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Old 06-16-2022, 08:59 AM
 
Location: A Beautiful DEEP RED State
5,632 posts, read 1,770,332 times
Reputation: 3902
DOW just dropped below 30,000.

Absolute annihilation across all the indices.

This is why you never listen to people who don't even know what shorting means and who keep claiming the market is going up because of one good Friday.
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Old 06-17-2022, 07:55 AM
 
Location: A Beautiful DEEP RED State
5,632 posts, read 1,770,332 times
Reputation: 3902
Looks like we will most likely book another losing week in a row.

Wonder where Clara and Pondy are now and how they are trying to spin this into good news.
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Old 06-17-2022, 02:14 PM
 
Location: A Beautiful DEEP RED State
5,632 posts, read 1,770,332 times
Reputation: 3902
Another horrific week of losses.

We have a well established weekly loss trend again.

No magical Friday surge as one keeps predicting and being wrong.

No word from Pondy. Do we need a wellness check done? Same for Clara?

At some point in time the damage will cease. When is that time? I don't know. Anyone who tells you they know is full of BS.

An important thing to do to make money in the stock market is to remove your own partisan politics. Remove the emotions. Something some people just can't seem to do.
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Old 06-17-2022, 02:26 PM
 
Location: West Palm Beach, FL
17,660 posts, read 6,923,260 times
Reputation: 16564
I refuse to look at my 401K until Trump is back in office for at least a year.
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Old 06-17-2022, 03:15 PM
 
Location: A Beautiful DEEP RED State
5,632 posts, read 1,770,332 times
Reputation: 3902
Quote:
Originally Posted by RowingFiend View Post
I refuse to look at my 401K until Trump is back in office for at least a year.
I just looked at mine.

Much worse than I thought, considering it's spread across the 10 mutual funds they offer. There are no other choices other than just those 10 funds.
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Old 06-17-2022, 04:08 PM
 
Location: Del Rio, TN
39,875 posts, read 26,526,580 times
Reputation: 25777
Quote:
Originally Posted by Stephan A Smith View Post
I just looked at mine.

Much worse than I thought, considering it's spread across the 10 mutual funds they offer. There are no other choices other than just those 10 funds.
A lot of 401k investment companies have crap options. I would bet out of those 10 mutual funds the same 20 names are in every one of them. And if they are FAANG stocks, you're getting gutted. Hope you have some in oil companies, that is one of the few sectors doing well under Biden.
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Old 06-17-2022, 04:09 PM
 
5,118 posts, read 2,677,969 times
Reputation: 3697
Quote:
Originally Posted by andywire View Post
So I guess that hopey changey stuff isn't workin anymore???
The change part is working quite well. They are driving this country into the ground.
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Old 06-17-2022, 04:11 PM
 
5,118 posts, read 2,677,969 times
Reputation: 3697
Quote:
Originally Posted by ILRef View Post
I sincerely mean this as an olive branch to liberals: Please, look at the last 18 months and remember it. Vote based on policy, not personality. The former is more important by a mile.
Real liberals would absolutely do this, but that party is no longer controlled by real liberals. That's the reality. Referring to them as liberals is a misnomer. It does a disservice to the notion of true liberalism and it lends credibility to radical leftists who don't deserve it.
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