Djia -800
- Thread starter imoldernu
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copyright1997reloaded
Thinks s/he gets paid by the post
Quoting my own post here. Unfortunately, we did not get the big down on the open. Instead we have some buying on the open. I think this will fail and we head further down. However, 2-year is down today so if they stabilize here for a while that is a positive.
In other words, I have no idea
and I am sitting on my hands here, other than looking for things that I might eventually want to buy.
Fedup
Thinks s/he gets paid by the post
Quoting my own post here. Unfortunately, we did not get the big down on the open. Instead we have some buying on the open. I think this will fail and we head further down. However, 2-year is down today so if they stabilize here for a while that is a positive.
In other words, I have no idea
I took a bit of nibbling today. I have no idea, it will be down or not, but it’s lower than when I sold this year.
Fedup
Thinks s/he gets paid by the post
I wouldn’t associate Powell with craziness.( Hint, Christine Laggard).
It was a sort of joke on my part to echo what I hear on CNBC on this thread.
Actually, I didn't bring it up.
It was a reply to the individual who did bring it up.
I agree. I suspect most folks would agree as well.
GravitySucks
Thinks s/he gets paid by the post
Politicians take credit when things go right, blame others when things go wrong.
As sound a rule as gravity.
Mad at myself, this thread made me look at my Fido account. Promised myself to only look when I need to look, not when news pops up. Luckily nothing to worry about.....yet.
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HFWR
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
CNBC’s talking heads need to start wearing cheerleader outfits. Apparently POTUS has pictures of them with transvestite clowns or something....
Loose money, loose regulations, loose lending, augmented by ballooning deficits and a trade war; what could go wrong?
ShokWaveRider
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I predict the market will pull back 40% in October/November...… or not. What I am trying to say is that there is no consequence in making any kind of prediction. I have read so many articles in the last 6 months about how in XYZ month the market will crash because of... you name it, stock buybacks, tariffs, interest rates.. blah blah blah.
It is so sad because there is no consequence anymore, one can miss-predict, speculate incorrectly and outright lie and there is no ramification. Oops, sorry I was wrong or even silence is perfectly acceptable till the next Miss-prediction is offered.
It is so sad because there is no consequence anymore, one can miss-predict, speculate incorrectly and outright lie and there is no ramification. Oops, sorry I was wrong or even silence is perfectly acceptable till the next Miss-prediction is offered.
Fedup
Thinks s/he gets paid by the post
Why I’m not surprised by your comment. Just rant and rant.
Fedup
Thinks s/he gets paid by the post
You have all your money in CDs, is there bias in your comment.
HFWR
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Kudlow was out today saying that POTUS supports an independent Fed, so ignore what was said. Cramer then followed with an rant about the Fed. My statements seems pretty accurate based on these an other inputs.
And most of my posts are wisecracks and jokes, so you must me mistaking me for someone else...
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ShokWaveRider
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Not at all, read it again. Just that anyone can say anything when it comes to market and economical predictions and there is no consequence if they are incorrect.
Fedup
Thinks s/he gets paid by the post
The consequence rests with you or the investors. There are a lot of idiots out there, your choice is to pick which idiots to listen to or not listen to.
Do you have a link for that?
I haven't found anything that says the president supports an independent Fed.
Fedup
Thinks s/he gets paid by the post
Now I know. I post a lot of wisecracks and jokes too.
HFWR
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Heh...
Larry Kudlow says the Fed is independent and the president is not dictating policy to central bank https://www.cnbc.com/2018/10/11/lar...-is-not-dictating-policy-to-central-bank.html
Cramer rips the current Fed, but stops short of his famous 'They know nothing' rant of 2007 https://www.cnbc.com/2018/10/10/cra...tter-handle-on-the-sell-off-than-the-fed.html
Fedup
Thinks s/he gets paid by the post
They are two different people on CNBC. Kudlow has always been the guy to go out and smooth the edges for the president.
Yeah... I don't follow the markets at all, 'cuz my few stocks don't ever move anyway... Just saw the upsy downsy thing on CNN. More just curiosity, and sometimes trying to understand volatility via the VIX. Only thing that affects me is the CPI, thru IBonds, and that doesn't change 'cept May and November. Such a boring life.
My SWR has been 0% for the past seven years. Total Assets have been the same since 2011.
Edit... Just peeked. looks like the Dow was down another 400 this AM...
OMG... If I were watching this with skin in the game, I'd be running for bandages.
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HFWR
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
While I no longer have cable, I watched CNBC every morning for fifteens years or so, thus I’m familiar with the hosts, pundits, and assorted “experts...
Btw, Kudlow has only been part of the administration since March, so hardly always...
Fedup
Thinks s/he gets paid by the post
Always as in since he is part of White House. I know he used to work for Reagan, but that’s it about him.
I saw that one. Nowhere does it say that the president supports an independent Fed.
googily
Full time employment: Posting here.
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- Jul 6, 2013
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I'm still working, so yes, markets, please get this out of the way now.
GravitySucks
Thinks s/he gets paid by the post
Off to the gym just so I can watch the end of the world knashing of teeth CNBC puts on for these events.
Best thing about dropping cable was losing the finance open channels.
Best thing about dropping cable was losing the finance open channels.
ERD50
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
...
Edit... Just peeked. looks like the Dow was down another 400 this AM...
OMG... If I were watching this with skin in the game, I'd be running for bandages.
I doubt you would be worried. If you had been in investments over your life, you'd realize these sorts of dips are fairly common, and it is best to just ignore the noise and get on with your life.
As I type, the market is about flat, maybe down ~ 0.20%, and has been green a few times. Yawn.
edit/add: Too often, people focus on these drops and compare them to fixed income, which is generally far less volatile. But that ignores that these market drops are from levels that fixed income never would have risen to. So if you've been in the market a long time, and averaged in, you are far, far ahead, even after a drop.
It's a bit like complaining of getting a $10,000 bonus instead of a $1,000 bonus, because you'll have to pay more taxes on the $10,000 bonus.
-ERD50
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