Dow is currently in a freefall

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_Bach
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Re: Dow is currently in a freefall

Post by _Bach »

Doctor CamNC4Me wrote:
Bach wrote:So Mr Wall Street, what did the Market see today that they were not aware of on Monday?!?! (But I doubt you and the rest of the University Of IPhone grads here have a clue.)

Market up 1,000+ points today, largest one day gain in history!


Oct. 13, 2008, the Dow gained 936.42 points for a 11.1% gain. That's the biggest day ever.

- Doc


Oh great! We have one more who would rather promote IPhone ignorance than intellectual contribution to a thread! (Shades, I’m sorry but how many years have I’ve been supporting “intellectual cap ex” in support of attracting a higher level to this place?)
_Doctor CamNC4Me
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Re: Dow is currently in a freefall

Post by _Doctor CamNC4Me »

Bach,

You posted something that was objectively wrong. That makes you look uneducated and doltish. Additionally, I'm better educated than you, I'm wealthier, and I'm retired thanks to savvy investing over the last 20 years.

One of us knows the stock market far, far better than the other. I'll let you guess which one of us that is.

- Doc
In the face of madness, rationality has no power - Xiao Wang, US historiographer, 2287 AD.

Every record...falsified, every book rewritten...every statue...has been renamed or torn down, every date...altered...the process is continuing...minute by minute. History has stopped. Nothing exists except an endless present in which the Ideology is always right.
_subgenius
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Re: Dow is currently in a freefall

Post by _subgenius »

are waiting for KG to post Wednesday number for Dow? he had been so diligent up until today....
Seek freedom and become captive of your desires...seek discipline and find your liberty
I can tell if a person is judgmental just by looking at them
what is chaos to the fly is normal to the spider - morticia addams
If you're not upsetting idiots, you might be an idiot. - Ted Nugent
_Doctor CamNC4Me
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Re: Dow is currently in a freefall

Post by _Doctor CamNC4Me »

I don't know why KG has such a hard on for the Dow being some sort of President-barometer. The market is remarkably resilient. One of the things that got me into financial planning was an article that was published yeeeears ago. I can't remember the gentleman's name, but the gist was that the market would not only break 10,000, but it'd easily pass 12,000, 15,000, and that he didn't see any reason for it not to break 20,000 some day. I knew right then and there I needed to get smart on investing and do it fast.

Here we are a bit over 20 years later and the Dow will most likely continue its upward trend until China dominates us around 2030.

If KG actually cared about our country like he says, and was genuinely concerned about our financial markets he'd have a broader view of the Dow as an indicator of our economic engine-ness, so to speak. A money laundering thief who's a puppet of the Russian mobocracy is a problem, but Trump is just a poorly timed election in a bigger war we're going to lose with China. His obsessiveness with the Dow is a silly non sequitur about American economic stability.

- Doc
In the face of madness, rationality has no power - Xiao Wang, US historiographer, 2287 AD.

Every record...falsified, every book rewritten...every statue...has been renamed or torn down, every date...altered...the process is continuing...minute by minute. History has stopped. Nothing exists except an endless present in which the Ideology is always right.
_canpakes
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Re: Dow is currently in a freefall

Post by _canpakes »

Doctor CamNC4Me wrote:One of the things that got me into financial planning was an article that was published yeeeears ago. I can't remember the gentleman's name, but the gist was that the market would not only break 10,000, but it'd easily pass 12,000, 15,000, and that he didn't see any reason for it not to break 20,000 some day.


Sounds like this guy and his book. From yeeears ago. He’s very dead now, but the book makes for good reading.


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_Kevin Graham
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Re: Dow is currently in a freefall

Post by _Kevin Graham »

subgenius wrote:are waiting for Kevin Graham to post Wednesday number for Dow? he had been so diligent up until today....


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by the way, notice DOW Futures are down -400 already this morning.
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_Kevin Graham
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Re: Dow is currently in a freefall

Post by _Kevin Graham »

Doctor CamNC4Me wrote:I don't know why Kevin Graham has such a hard on for the Dow being some sort of President-barometer.
- Doc


It helps to know what the Screw you're talking about. Feel free to demonstrate where I've said the market is a "President-barometer." This thread is and always has been, about ribbing the morons on the Right who for many months assured us the booming market was proof Trump was doing his job.

Doctor CamNC4Me wrote:If Kevin Graham actually cared about our country like he says, and was genuinely concerned about our financial markets he'd have a broader view of the Dow as an indicator of our economic engine-ness, so to speak. A money laundering thief who's a puppet of the Russian mobocracy is a problem, but Trump is just a poorly timed election in a bigger war we're going to lose with China. His obsessiveness with the Dow is a silly non sequitur about American economic stability.


Again, you are out in left field. It helps to actually know why people post what they post. I've never equated the market with economic stability. In fact I've said quite the opposite recently to subgenius in this same thread.
_subgenius
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Re: Dow is currently in a freefall

Post by _subgenius »

Kevin Graham wrote:
Doctor CamNC4Me wrote:I don't know why Kevin Graham has such a hard on for the Dow being some sort of President-barometer.
- Doc


It helps to know what the Screw you're talking about. Feel free to demonstrate where I've said the market is a "President-barometer." This thread is and always has been, about ribbing the morons on the Right who for many months assured us the booming market was proof Trump was doing his job.

Yes, how could anyone not clearly understand your motives by your constant crediting Obama with good market performance and condemning Trump with bad market performance...you totes legit.
Seek freedom and become captive of your desires...seek discipline and find your liberty
I can tell if a person is judgmental just by looking at them
what is chaos to the fly is normal to the spider - morticia addams
If you're not upsetting idiots, you might be an idiot. - Ted Nugent
_Kevin Graham
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Posts: 13037
Joined: Fri Oct 27, 2006 6:44 pm

Re: Dow is currently in a freefall

Post by _Kevin Graham »

subgenius wrote:Yes, how could anyone not clearly understand your motives by your constant crediting Obama with good market performance and condemning Trump with bad market performance...you totes legit.


"Constantly" huh!

You shouldn't have a problem producing just one example then.
_Doctor CamNC4Me
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Re: Dow is currently in a freefall

Post by _Doctor CamNC4Me »

Here's how to know "what the “F” I'm talking about":

https://www.macrotrends.net/2481/stock- ... -president

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Kevin. What's wrong with you? You're the flipside of their BS propaganda coin. You can actually deal in truth and still make your point about Trump, but far too often you just come off as a Lefty loon. Your gish gallop-y tactics of spamming up the forum with hit and run links, wild-eyed hot takes, and acerbic nonsense is exactly the kind of political 'fake news' that gave rise to Trumpers.

Just be factual, at least.

- Doc
In the face of madness, rationality has no power - Xiao Wang, US historiographer, 2287 AD.

Every record...falsified, every book rewritten...every statue...has been renamed or torn down, every date...altered...the process is continuing...minute by minute. History has stopped. Nothing exists except an endless present in which the Ideology is always right.
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