Do it! Expect a correction at some point after this latest run up. Will it hit 20k before it corrects? Does anyone give a shit?
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Do it! Expect a correction at some point after this latest run up. Will it hit 20k before it corrects? Does anyone give a shit?
Now with the swamp in charge, it will go crazy for another year and then it will crash and burn.
Thanks for jinxing it. Hopefully you pick the Packers on Sunday.
Feeling really bad about whoever Tahoe favors for anything in life. Stock market down again.
^LOL
I got out, or mostly out, a while ago. Did some individual stocks. But I missed the Trump run up, if that's what happened. I was hearing that things would go south and I was going to get back in, but Nov 9 it took off. I didn't catch it in time. Something will happen and it'll come back or correct, but overall the future should be good with the anticipated deregulation shit.
Not really a Trump run-up -- it fits with the 8-year trend since Obama became president.
Look at the 5-10 year view of DJIA and it's obvious.
^ LOL
The Dow will have to hit ~30000 by the end of Trump's first term to equal the % performance of the Dow under Obama. Despite rhetoric, Trump's not starting out from the biggest recession in many decades like Obama did. The Dow was <8000 when Obama was inaugurated in 2009, greatly benefiting folks who had enough to spare in those dismal times to put money in Dow ETFs.
you can say this wasn't due to Trump all you want, but you'd be wrong.
The recession Obama inherited was due to liberal policies and when Bush wanted to regulate housing loans more and sent people to congress to testify, the liberal dems, of course, called them RACISTS. Its pretty much the only thing the libs have anymore, 'just call them racists'.
Tell me what's wrong with my math:Quote:
Originally Posted by Tahoe
January 20th 2009 -- Obama is inaugurated, Dow Jones is at 7949
June 16th 2015 -- Trump announces his run, Dow Jones is at 17791
There's 2338 days between those two dates.
(17791-7949)/2338 = Dow goes up 4.2 points every day Obama's been in office to that point.
January 6th 2017 -- Tahoe says something silly, Dow Jones is at 19989
There's 570 days between 06/16/2015 and 01/06/2017.
(19989-17791)/570 = Dow goes up 3.85 points per day since Trump's campaign for presidency.
And you can plot this shit out for every year Obama's been in office and come up with about that same number. The trend is consistent. I'm not cherrypicking here.
By the time Bush woke up to the fact that his home ownership deregulation enabled people to be screwed and pushed for more regulation, it was far too late. Liberal policies? Liberal subprime bullshit loaning is more like it.Quote:
The recession Obama inherited was due to liberal policies and when Bush wanted to regulate housing loans more and sent people to congress to testify, the liberal dems, of course, called them RACISTS. Its pretty much the only thing the libs have anymore, 'just call them racists'.
No, Bush's basic philosophy wasn't racist. His thinking was "if everyone can own a home, lots of good shit happens and it benefits minorities as much as anyone". His efforts to try and goose that were fucked, though.
Mxy... I watch this shit and listen to this shit every day. I mean the CNBC, FoxBiz type shit and I listen to the reports that said the biz community is looking forward to reversing all of Obama's regulations that do nothing but cost businesses money. They pass that shit along to you and me. Obama's recovery has been the slowest...oh nvm. We aren't going to change each others minds.
Liberal subprime loaning is exactly what I thought I said. No real good ratio of security to loans. Bush sent his peeps up and asked for regulation and they were called racists by Maxine and forgot the other dipshit. Harold Raines(?) told congress that everything was fine. He's a liberal piece of shit that might be the biggest contributor to the mess other than the liberals in congress. But again, we aren't going to change each others minds. But Cuomo and Clinton started the easing of loans. Besides the dot.com bubble Clinton created, he also created the housing bubble. Bush was for it at the beginning, iirc, but tried to stop, but as I said, Republicans are just a bunch of racists. Hope the Dems keep up that line of attack and Trump will win again in 2020.
Most of those pundits are pining for the dot-com era in the 90s. Then, you could throw a dart at a tech stock, goobersmoohers would paint a bullseye on it regardless of fundamentals, and you'd make a killing if you sold at the right time. Beyond that, they don't seem to get that our population is aging and a significant drag, or that China is now an economic superpower mostly by virtue of population control. Wanna stimulate the economy? Kill off old people or don't let new people be born.
Trump is pretty fat and I bet he is at high risk of a heart attack. I would be amazed if a 300 lb man can run for president at 74.
He's in great health. He has the best health.
^ Not sure if you're mocking Trump there. I assume you are. He is funny. I lol when he uses the word in the question past tense, present tense and every other kind of tense there is in replying.
"Are you a developer?"
Yes, I develop. I'm a developer. I'm developing properties all over the world."
"Did your dad send you to Military school to give you structure?"
"Military school gives you structure. It helps in structuring your life. My life is more structured because of it."
Anyone betting on 30000 at this point?Quote:
Originally Posted by Uncle Mxy
Oh, it really should have been 36000. That explains everything. LOL
https://www.marketwatch.com/story/do...4?link=sfmw_fb
Verily, the Dow aproacheth 20k. :(
20k -- once it was a dream, now it's a nightmare.
Not approaching 20k any more.
False alarm.