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Old 03-09-2020, 08:06 AM
 
30,175 posts, read 11,815,563 times
Reputation: 18697

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Quote:
Originally Posted by Wapasha View Post
A lot of corrupt people want to drive the market down now, so they can buy low, knowing it will bounce back and make them rich. A lot of market fluctuations are purposeful and bogus, done by groups of get rich slime balls

If you are so sure about all this by call options on the S & P 500 when it dips further. You can make a ton of money with a very small investment.
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Old 03-09-2020, 08:07 AM
 
Location: 500 miles from home
33,942 posts, read 22,541,024 times
Reputation: 25816
Quote:
Originally Posted by MJJersey View Post
It’s recovering now. Trump’s economy is strong but there is a lot of global uncertainty right now.
Fingers crossed. I'm 2-3 years away from retirement.
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Old 03-09-2020, 08:07 AM
 
13,806 posts, read 9,713,823 times
Reputation: 5243
Quote:
Originally Posted by Pilot1 View Post
Well first, the Democrats own over 95% of the Media. How are Republicans hyping the virus to make Trump look bad? Which Republicans are doing this?
Many Republicans are downplaying the threat of the virus and some may be doing so or thinking so in the context of its political impact if it triggers an economic downturn before the election.
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Old 03-09-2020, 08:08 AM
 
8,505 posts, read 4,567,713 times
Reputation: 9756
I guess this is now the place to discuss the market since the other ongoing TWO year old thread praising Trump for its rise seems to have been permanantly shut down today (ironically just as the market was).

Just as Trump was not much responsible for its rise, he is not entirely to blame for its cataclysmic drop, the biggest in history. The President has very little sway over the market as it is the product of many many factors which no single entity can control.

Last edited by MMS02760; 03-09-2020 at 08:26 AM..
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Old 03-09-2020, 08:09 AM
 
45,676 posts, read 24,030,238 times
Reputation: 15559
Quote:
Originally Posted by texan2yankee View Post
pathetic and cruel, bureaucat, to celebrate a global health and economic crises because you hate president trump.

men, women and children are dying and more will die. workers won't get paid due to canceled events, reduced customer traffic, and being quarantined. businesses will go under. people will be financially devastated.

the most callous and evil among us celebrate such a catastrophe.
You have fabricated the celebration.

That's just politicizing the issue (and yes folks on the other side have as well.

There is concern on the real impact and how we are addressing the problem here in the USA. That's not a celebration that's a concern.
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Old 03-09-2020, 08:09 AM
 
Location: Barrington
63,919 posts, read 46,765,593 times
Reputation: 20674
Quote:
Originally Posted by PCALMike View Post
Italy recently announced a total lockdown in the richest parts of the country with armed military guards at all checkpoints and long prison sentences for anyone who dares to leave. It is economically devastating.
25% of Italy’s population is under a lockdown order. Yet, here is a picture of Italians in an outdoor cafe enjoying the weather yesterday.

I don’t see the military arresting people at gunpoint.

https://www.nytimes.com/2020/03/08/w...uarantine.html
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Old 03-09-2020, 08:10 AM
 
Location: Barrington
63,919 posts, read 46,765,593 times
Reputation: 20674
dupe
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Old 03-09-2020, 08:11 AM
 
11,988 posts, read 5,298,736 times
Reputation: 7284
Quote:
Originally Posted by Ringo1 View Post
Fingers crossed. I'm 2-3 years away from retirement.
I’m long since retired and at the point in life where I have to take minimum withdrawals from deferred compensation stocks, so I’m certainly not cheering on the decline, as a couple of nut cases have alleged in this thread.
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Old 03-09-2020, 08:11 AM
 
12,772 posts, read 7,982,264 times
Reputation: 4332
Quote:
Originally Posted by Finn_Jarber View Post
DOW -2000

By far the largest drop ever. We are way below the market levels from two years ago.
You really need to be more honest/accurate.

Largest POINT drop ever, which is meaningless compared to the way it should be measured, which is by percentage change. But both you and I know anyone without political bias knows the percentage is the proper way to measure performance.
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Old 03-09-2020, 08:12 AM
 
Location: San Diego
18,741 posts, read 7,620,616 times
Reputation: 15011
Quote:
Originally Posted by Roboteer View Post
Dow down -2046.
And has now partially rebounded by +600, to 24,440.

What's next?
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