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Thread: Dow set to fall 350 at the open

  1. #11
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    Re: Dow set to fall 350 at the open

    Quote Originally Posted by Captain Adverse View Post
    I am not an economist, it was never one of my areas of expertise. But like anyone else, I still have personal opinions about it.

    I personally find the timing of this "market crash" suspect, occurring as it does after two years of steady growth so suddenly right before the Mid-Term elections.

    One of Trump's major "winning" points has been this rapid and sustained uptick in our economy, and everyone recognizes that a Bullish economy buoys up an Administration leading it.

    So IMO this sudden downswing is likely as not due to market manipulation by those wealthy elements on the Progressive-Left who want to see the Administration change.

    IMO there is really no good reason for the sudden drop in economic confidence at this time.

    However, I am willing to be schooled by our resident economists.
    How about rising interest rates????????

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    Re: Dow set to fall 350 at the open

    Quote Originally Posted by Floridafan View Post
    Rising interest rates combined with trump tariffs, are going to destroy this economy.
    We have to raise interest rates in order to be able to lower them when needed, things are going great now economically speaking; If not now then when?
    Your group identity doesn't matter - Beliefs should be based on evidence - Socialism is responsible for over 200 million deaths
    Censorship, misrepresentations, straw men, incivility and violence are the tools of cowards who do not or cannot truly support their position.

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    Re: Dow set to fall 350 at the open

    Quote Originally Posted by Captain Adverse View Post
    I am not an economist, it was never one of my areas of expertise. But like anyone else, I still have personal opinions about it.

    I personally find the timing of this "market crash" suspect, occurring as it does after two years of steady growth so suddenly right before the Mid-Term elections.

    One of Trump's major "winning" points has been this rapid and sustained uptick in our economy, and everyone recognizes that a Bullish economy buoys up an Administration leading it.

    So IMO this sudden downswing is likely as not due to market manipulation by those wealthy elements on the Progressive-Left who want to see the Administration change.

    IMO there is really no good reason for the sudden drop in economic confidence at this time.

    However, I am willing to be schooled by our resident economists.
    Rising interest rates combined with tariffs and a highly over valued stock market. The correction could have occurred at any time in the last few months and have been reasonable. Overall October is a common month for large corrections to occur

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    Re: Dow set to fall 350 at the open

    Quote Originally Posted by Spartacus FPV View Post
    We have to raise interest rates in order to be able to lower them when needed, things are going great now economically speaking; If not now then when?
    If things are going so great, why is the stock market doing so poorly? And I dont mean just yesterday!

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    Re: Dow set to fall 350 at the open

    Quote Originally Posted by Floridafan View Post
    market goes up and trump takes the credit, market falls and Trump needs to blame someone, so now it the Feds fault. Never has he taken personal responsibility for anything.
    I'm talking reality. Hint, take off your partisan blinders when investing.

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    Re: Dow set to fall 350 at the open

    Quote Originally Posted by washunut View Post
    I'm talking reality. Hint, take off your partisan blinders when investing.
    My last post was reality, the one you ignore.

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    Re: Dow set to fall 350 at the open

    Quote Originally Posted by Floridafan View Post
    If things are going so great, why is the stock market doing so poorly? And I dont mean just yesterday!
    One metric with very recent minor declines? Really? A datapoint of one does not constitute a trend.
    Your group identity doesn't matter - Beliefs should be based on evidence - Socialism is responsible for over 200 million deaths
    Censorship, misrepresentations, straw men, incivility and violence are the tools of cowards who do not or cannot truly support their position.

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    Re: Dow set to fall 350 at the open

    Quote Originally Posted by Spartacus FPV View Post
    One metric with very recent minor declines? Really? A datapoint of one does not constitute a trend.
    Since mid January the stock market is down over 1000 points. Do you understand what 9 months of failure is?

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    Re: Dow set to fall 350 at the open

    Quote Originally Posted by Floridafan View Post
    If things are going so great, why is the stock market doing so poorly? And I dont mean just yesterday!
    It is only a depression for those who lost their jobs.

    DOW at close December 31, 1980 963.99, DOW at close yesterday 25,408.00. If not yesterday , then when?

    Never expected the DOW to hit a ceiling of 10k during my lifetime. The DOW hit 10k Mar. 29, 1999. I'm still alive, do you think the market could hit 30k before I kick?

    Markets go up, markets go down. Today, having studied my charts, examining the trends for equities I haven't bought, today I will purchase those I see as opportunities. I already sold those I viewed as ripe for corrections, with a few exceptions. Those I judged to be capable of much further expansion. Win some, lose some, never gamble more than I can afford to lose. Never bet the farm. I'm funded 200k for today's purchases, less than I am paying for recent capital gains taxes this quarter (not to be confused with capital gains). When I sold, there were some losers, there were some gainers. My CPA will write off my losses at the time for filings. Much more exciting than Bingo, tho my mom really did enjoy playing Bingo.

    Tulips. The Hunt Brothers. Some guy named Ponzi. How far behind are you? My advice to you, don't cry over spilt milk. Invite the cat and her kittens over for a feast.
    What kind of a man is a man who has not left this world a better place?

    No one is in control.

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    Re: Dow set to fall 350 at the open

    Quote Originally Posted by Lord Tammerlain View Post
    Rising interest rates combined with tariffs and a highly over valued stock market. The correction could have occurred at any time in the last few months and have been reasonable. Overall October is a common month for large corrections to occur

    The market was fearful of rising treasury yields, the market went down. The market was fearful of lower treasury yields, the market went down.

    I remember when a slice of pizza cost me 15, 25 with a coke.
    What kind of a man is a man who has not left this world a better place?

    No one is in control.

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