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Old 05-18-2022, 02:47 PM
 
Location: USA
18,499 posts, read 9,164,949 times
Reputation: 8529

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The Dow will drop 2000 points tomorrow because of Joe Biden.
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Old 05-18-2022, 05:37 PM
 
Location: A Beautiful DEEP RED State
5,632 posts, read 1,769,324 times
Reputation: 3902
Quote:
Originally Posted by ClaraC View Post
I began college as an economics major, but after a year realized that wasn't my calling.

But I do know that the stock market can be unsustainably high, given other metrics.

And the supply chain broke when Trump was president. So there's that. It was COVID and the fall out.

In other sunny news, the stock market appears to be doing nicely today, at the noon mark.
Where did the sun go Clara?

Downright thunderstorms and flooding today.

Never hang your hat on one day or one week. Someday you may learn that.
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Old 05-24-2022, 08:08 AM
 
Location: A Beautiful DEEP RED State
5,632 posts, read 1,769,324 times
Reputation: 3902
NASDAQ hitting new 52 week lows so far this morning.
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Old 05-26-2022, 10:30 AM
 
Location: A Beautiful DEEP RED State
5,632 posts, read 1,769,324 times
Reputation: 3902
Hoping we have finally put in the bottom.

It's been an ugly ride on Joe Biden's watch.
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Old 05-26-2022, 10:33 AM
 
Location: Pennsylvania
31,340 posts, read 14,270,262 times
Reputation: 27863
Quote:
Originally Posted by Stephan A Smith View Post
Hoping we have finally put in the bottom.

It's been an ugly ride on Joe Biden's watch.
Nice bounce today but I am still doubting it. Inflation is not going away and that's a stock market killer.
It says here the next move is back down, after the holiday.
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Old 05-26-2022, 10:35 AM
 
Location: Sonoran Desert
39,078 posts, read 51,239,172 times
Reputation: 28325
Quote:
Originally Posted by Stephan A Smith View Post
Hoping we have finally put in the bottom.

It's been an ugly ride on Joe Biden's watch.
Not if one is smart about investing. I made a killing in Joe's first year and then got out. It's a casino and the more you approach it like that the better. Don't get greedy. Luck will change. Thinking (probably too much) about when to jump back in. NASDAQ is up 3% today. EZ Money but I missed out.
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Old 05-26-2022, 10:48 AM
 
Location: West Virginia
5,044 posts, read 2,400,470 times
Reputation: 3590
Quote:
Originally Posted by Ponderosa View Post
Not if one is smart about investing. I made a killing in Joe's first year and then got out. It's a casino and the more you approach it like that the better. Don't get greedy. Luck will change. Thinking (probably too much) about when to jump back in. NASDAQ is up 3% today. EZ Money but I missed out.
The man that made the worst stock market thread in the entire history of CD forums is now claiming to be clairvoyant enough to time the market. Lol enjoy all that imaginary money you won at the casino. LULZ.

Smart investors approach the market as if it's a casino. -Warren Buffett
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Old 05-26-2022, 11:05 AM
 
Location: A Beautiful DEEP RED State
5,632 posts, read 1,769,324 times
Reputation: 3902
Quote:
Originally Posted by BeerGeek40 View Post
Nice bounce today but I am still doubting it. Inflation is not going away and that's a stock market killer.
It says here the next move is back down, after the holiday.
I'm averaging in down here for select stocks I plan on holding for several years.

Fortunately I knew Biden's and the Democrat's policies would cause this pain in the market, unlike PONDY who was so incredibly wrong, and I had money ready to go. I'm deploying it by averaging in down here.

If it goes lower I will still be happy to own what I own now for the long term and I will simply deploy more money to buy more stock.

I'm certainly not advising anyone else to buy. I think we all know how that worked out for the unfortunate people who listened to PONDY at the highs.
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Old 05-26-2022, 11:06 AM
 
Location: A Beautiful DEEP RED State
5,632 posts, read 1,769,324 times
Reputation: 3902
Quote:
Originally Posted by Ponderosa View Post
Not if one is smart about investing. I made a killing in Joe's first year and then got out. It's a casino and the more you approach it like that the better. Don't get greedy. Luck will change. Thinking (probably too much) about when to jump back in. NASDAQ is up 3% today. EZ Money but I missed out.
Unfortunately you were screaming from the mountain tops to buy at the top. You do realize your posts are searchable, don't you?

So now you are claiming you actually sold your stock at the same time you were advising other people to buy at the top. Interesting.
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Old 05-26-2022, 11:27 AM
 
Location: West Virginia
5,044 posts, read 2,400,470 times
Reputation: 3590
Quote:
Originally Posted by Stephan A Smith View Post
Unfortunately you were screaming from the mountain tops to buy at the top. You do realize your posts are searchable, don't you?

So now you are claiming you actually sold your stock at the same time you were advising other people to buy at the top. Interesting.
Well at least his newly grown Pinocchio nose should handsomely pair with his dunce cap. Buy high and approach it like a casino. Great advice.
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