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Replies: 15
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All-In [48078]
TigerPulse: 100%
Posts: 49059
Joined: 5/16/04
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DJIA getting smoked again. WHat's going on?
Dec 7, 2018, 12:46 PM
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Anyone know the scoop as to why it is free falling this week?
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CU Medallion [73569]
TigerPulse: 100%
Posts: 78044
Joined: 11/30/98
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Thanks Obama!
Dec 7, 2018, 12:50 PM
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seriously tho, it had to happen sooner or later. Its just a bear mkt correction imo. I think it'll be down for next the 3-4 months
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All-In [47701]
TigerPulse: 100%
Posts: 30393
Joined: 11/15/99
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Most are blaming it on trade hold-ups with China
Dec 7, 2018, 12:59 PM
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I wouldn't sweat it.
I'm sure Pelosi and Schumer will have it in the right direction soon.
BWHAHAHAHAHAHA!
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CU Medallion [73569]
TigerPulse: 100%
Posts: 78044
Joined: 11/30/98
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all the rate increases aint helpin either
Dec 7, 2018, 1:01 PM
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but those needed to go up as well. Just sucks when you have to plug thru it
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Hall of Famer [22381]
TigerPulse: 99%
Posts: 31279
Joined: 11/30/98
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Tariff Man showing off his economic genius.
Dec 7, 2018, 12:58 PM
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Hard to ignore the fact that the leader of the free world and his party is behaving like Jim Jones and his followers.
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All-In [47701]
TigerPulse: 100%
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So you don't mind the huge trade imbalance with China?
Dec 7, 2018, 1:01 PM
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And the fact they impose huge tariffs on US goods and steal proprietary software?
I applaud Trump for standing up to free trade.
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Hall of Famer [22381]
TigerPulse: 99%
Posts: 31279
Joined: 11/30/98
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You would applaud Trump if he took a dump
Dec 7, 2018, 1:03 PM
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on your head.
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All-In [47701]
TigerPulse: 100%
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Doubt I would go that far.
Dec 7, 2018, 1:08 PM
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I bet you're dying to dive face 1st into pelosi's twwat though.
BTW - You didn't answer my question.
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Hall of Famer [22381]
TigerPulse: 99%
Posts: 31279
Joined: 11/30/98
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I've never voted for Nancy Pelosi or Donald Trump.
Dec 7, 2018, 1:10 PM
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What about you?
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All-In [47701]
TigerPulse: 100%
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Voting records are private.
Dec 7, 2018, 1:12 PM
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I don't live in SF so I can't vote for Pelosi. You do the math on the rest.
Care to answer my question instead of writing a disgusting response?
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Hall of Famer [22381]
TigerPulse: 99%
Posts: 31279
Joined: 11/30/98
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No, the trade imbalance is not the problem that Tariff Man
Dec 7, 2018, 1:30 PM
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thinks it is. China certainly needs to do better. Intellectual property theft is a problem. These problems have been going on for awhile. This is not new.
Having said that, Trump's negotiating skills are juvenile and uninformed. His followers pretend that his overly simplistic "answers" to difficult problems are "wise." His ignorance knows no bounds. He doesn't read. He doesn't learn. He is a broken record of bigoted macho ignorance.
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All-In [26968]
TigerPulse: 96%
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I don't know who the people are whose lives
Dec 7, 2018, 1:19 PM
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are really affected on a day-to-day basis by this, but I'm glad I'm not one of them. Up one day, down the next...it's all yawn-inducing to me.
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All-In [48078]
TigerPulse: 100%
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Re: I don't know who the people are whose lives
Dec 7, 2018, 1:35 PM
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Yeah I hear you. This is a little more volatile.
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All-In [34100]
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If you have a 401(k)
Dec 7, 2018, 10:54 PM
[ in reply to I don't know who the people are whose lives ] |
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then it affects you. You should be hoping for a continued slump so that you can continue to buy low with each paycheck.
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Oculus Spirit [93612]
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Joined: 12/25/09
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Re: DJIA getting smoked again. WHat's going on?
Dec 7, 2018, 2:31 PM
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My guess is the retainers who will figure out this season isn't going to save their bottom line and bankrupt. The other thing is the oil issue. Trump is on vendetta to shut down Iran oil exports and congress is about to bust the Saudi's bubble. I'd say by mid Jan oil will be back to 70 bucks/bbl.
If you own stocks hang on until about mid Feb and you'll feel good again. If you sell now you're selling short. Actually, if you sell before this time next year you're gonna wish you hadn't.
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Oculus Spirit [93612]
TigerPulse: 100%
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That should be 'retailers' not retainers.***
Dec 8, 2018, 12:59 PM
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Replies: 15
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