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Old 10-11-2018, 01:33 PM
 
Location: Raleigh, NC
1,070 posts, read 392,609 times
Reputation: 528

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Quote:
Originally Posted by DaveinMtAiry View Post
You were either very smart or very lucky. When investors try to time the market the masses lose their asses.
I’m both very smart and very lucky Dave!

This is 1st time ever that I’ve “timed the market.”

Hopefully I’ll time it right when I go back in

 
Old 10-11-2018, 01:34 PM
 
18,983 posts, read 9,073,833 times
Reputation: 14688
Quote:
Originally Posted by jghorton View Post
"Although an instrument of the US Government, the Federal Reserve System considers itself "an independent central bank because its monetary policy decisions do not have to be approved by the President or anyone else in the executive or legislative branches of government ..."

IOW, the Fed is not really "his own Fed" -- They quite often get arbitrary regarding interest rates and are sometimes at odds with the President

Of course, we all know "everything negative is always Trump's fault" ... and "everything positive is merely a continuation of Obama's policies"
Who has been taking credit (or being given credit)for a rising economy and market for the last 8 years, even though he has only been in office for less than two again??
 
Old 10-11-2018, 01:38 PM
 
995 posts, read 1,695,228 times
Reputation: 2030
LOL at the lib-tards wringing their hands. Where was the DOW again when Trump was elected? Dummies. Corrections are normal.
 
Old 10-11-2018, 01:39 PM
 
Location: Houston
26,979 posts, read 15,886,908 times
Reputation: 11259
Quote:
Originally Posted by i_love_autumn View Post
Tech shares fell more than 4.5 percent Wednesday, marking their worst day since 2011
The sell-off led to the Dow sinking more than 800 points and the S&P 500 dropping more than 3 percent. It was also the 28th time since 2011 the S&P 500 posted a more than 2 percent decline, according to data from Birinyi Associates.
Dow falls again, bringing 2-day losses to more than 1,000 points


6-day losing streak!


Not looking so rosy now!
Smiling as Americans are losing their retirement savings. No wonder we hate liberals.
 
Old 10-11-2018, 01:45 PM
 
Location: Sonoran Desert
39,078 posts, read 51,224,761 times
Reputation: 28324
Quote:
Originally Posted by phma View Post
Oil extends drop after a third-weekly rise in U.S. supplies

http://www.marketwatch.com/story/oil...dist=bigcharts
Saw that. The one plus to a global economic collapse is low oil prices. Well that and less illegal immigration.
 
Old 10-11-2018, 01:59 PM
 
1,087 posts, read 782,377 times
Reputation: 763
Market is reacting to inflation and fed raising interest rate. Fighting China has a lot to do with it.
 
Old 10-11-2018, 02:02 PM
 
Location: Kansas City, MISSOURI
20,868 posts, read 9,532,948 times
Reputation: 15580
Back to 25,000! Basically this Trump stock market has gone nowhere all year!
 
Old 10-11-2018, 02:04 PM
 
324 posts, read 387,605 times
Reputation: 432
And Hitler made the trains run on time....
 
Old 10-11-2018, 02:20 PM
 
34,300 posts, read 15,649,302 times
Reputation: 13053
Quote:
Originally Posted by TonyNC View Post
I’m both very smart and very lucky Dave!

This is 1st time ever that I’ve “timed the market.”

Hopefully I’ll time it right when I go back in
Count me unimpressed.
Had you made a statement of getting out at the time you say and before the drop in the market I would be impressed. Everyone can be a tall handsome internet cowboy after the fact.
 
Old 10-11-2018, 02:21 PM
 
Location: Raleigh, NC
1,070 posts, read 392,609 times
Reputation: 528
DOW closed down 545. That’s better than yesterday’s drop. Maybe in another week or three the market will rise again.

I’m getting my tea leaves out to help me time my jumping back in.

Optimist that I am, I believe that these tiny slow interest rate increases won’t matter much to the market. Also, I believe that the China Trade War will be settled or diminished for two reasons. Reason #1: Xi will outsmart Trump and barely change their tariffs - Trump will proclaim a total victory. Reason #2: Trump will simply back off as he sees the market flounder

Fundamentals are still great, at least in the only sector that I care about (tech). Once China Trade War is settled, iPhones will still be manufactured in China, and the U.S. can buy semi’s from China etc. and beat goes on and on

Dear F’ing Moron: please just shut the F up about tariffs
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