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09-05-2020, 01:49 PM
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#61
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,501
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 Quote:
Originally Posted by ejman
[...]but then a loaf of bread will cost 3-10 times what it costs now in dollar terms
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I have not been able to look at the cost of a loaf of bread, in decades! The prices have been shocking to me for a very long, long time. I am used to thinking of a loaf of bread costing 25 cents. To me that is a fair, not cheap but fair, price for a loaf of bread. 
So anyway, since I don't look, AFAIK that's what a loaf of bread costs.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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09-05-2020, 02:42 PM
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#62
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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Back on the Dow 30,000, many articles point to the trading activities and say that it is people staying home during the current pandemic bidding on stocks and options that drive the market up. I think there's a lot of truth there.
I recall that more than 10 years ago, my brother told me of an acquaintance that got fired from her job at a major aerospace corp. Her infraction was spending too much time day trading at work. This corp eventually banned all trading at work together. And my brother told me that workers there would still do it on their smartphone, and in the privacy of a toilet stall.
And now, people work at home can easily have two screens in front of them: one screen for intended work, and the other screen for level 2 trading.
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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09-05-2020, 07:35 PM
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#63
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,154
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OK you jinxes!
__________________
Retired since summer 1999.
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09-05-2020, 08:13 PM
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#64
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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Nah, we are only blowing off the froth, in order to keep the real stuff underneath.
PS. Do you recognize the guy in this photo?
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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09-05-2020, 09:59 PM
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#65
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2006
Location: Boise
Posts: 7,882
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^Looks like a young Clint Eastwood.
__________________
"At times the world can seem an unfriendly and sinister place, but believe us when we say there is much more good in it than bad. All you have to do is look hard enough, and what might seem to be a series of unfortunate events, may in fact be the first steps of a journey." Violet Baudelaire.
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09-08-2020, 04:56 PM
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#66
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gone traveling
Join Date: Dec 2018
Posts: 1,196
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My money is working harder than me!😄
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09-12-2020, 03:12 PM
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#67
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Thinks s/he gets paid by the post
Join Date: Oct 2012
Location: Reno
Posts: 1,338
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I remember the Burle Ives' version of the song on one of his folk song records that my parents owned.
Wallace Stegner (the Dean of modern Western fiction) quoted it for the title of his essay collection (Where the Bluebird Sings to the Lemonade Springs).
Quote:
Originally Posted by GravitySucks
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11-24-2020, 10:06 AM
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#68
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2008
Posts: 5,214
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DJIA has just gone over 30,000. Seriously, this shouldn't be happening...
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11-24-2020, 10:10 AM
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#69
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2013
Location: Texas
Posts: 10,941
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Quote:
Originally Posted by tmm99
DJIA has just gone over 30,000. Seriously, this shouldn't be happening...
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Scary to me... Vaccine euphoria maybe?
__________________
20's "something" mind, trapped in a 70's "something" body
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11-24-2020, 10:24 AM
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#70
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Thinks s/he gets paid by the post
Join Date: Aug 2013
Posts: 1,660
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I love it when a plan comes together.
https://youtu.be/FPQlXNH36mI
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11-24-2020, 10:31 AM
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#71
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Thinks s/he gets paid by the post
Join Date: Oct 2010
Posts: 1,226
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Quote:
Originally Posted by tmm99
DJIA has just gone over 30,000. Seriously, this shouldn't be happening...
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Maybe it's really true. Nobody know nuthin'. 
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11-24-2020, 11:05 AM
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#72
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,154
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Hey, it’s the early Thanksgiving start to the Santa Claus Rally!
__________________
Retired since summer 1999.
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11-24-2020, 11:08 AM
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#73
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2008
Posts: 12,660
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What is everyone's favorite site for watching the stock market?
It was annoying when VG stopped posting real-time market levels on their "News" page. Like, what kind of "news" is it if I can't even see what the Dow and Nasdaq are doing?
__________________
If you understood everything I say, you'd be me ~ Miles Davis
'There is only one success – to be able to spend your life in your own way.’ Christopher Morley.
Even a blind clock finds an acorn twice a day.
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11-24-2020, 11:15 AM
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#74
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,154
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I use the CNBC app with my custom watch list, but honestly I rarely look at it anymore. Maybe once or twice a week unless someone posts some market exciting news like today.
__________________
Retired since summer 1999.
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11-24-2020, 11:16 AM
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#75
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,501
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Quote:
Originally Posted by tmm99
DJIA has just gone over 30,000. Seriously, this shouldn't be happening...
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Hot dog!
  Yesterday was another one of my all time high days, so it sounds like today might be another.
I hope it closes over 30,000 too. To me, it doesn't count if it's just temporary during the day.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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11-24-2020, 11:52 AM
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#76
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2017
Location: City
Posts: 10,351
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Ho hum. Just another day of Mr. Market's antics. I wonder what he will do tomorrow?
Probably we too are at a new high or very close. We'll look when we always do, around year end, and make any necessary decisions then. Some years we even decide to make a trade or two.
__________________
Ignoramus et ignorabimus
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11-24-2020, 12:00 PM
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#77
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Full time employment: Posting here.
Join Date: Jul 2005
Posts: 617
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11-24-2020, 12:09 PM
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#78
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2013
Location: ATL --> Flyover Country
Posts: 6,649
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Quote:
Originally Posted by audreyh1
OK you jinxes!
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Guess not, eh?
I think this is yet another great illustration that we are in uncharted territory in regards to what the market is going to do. Many talking heads seem to think that the "Robinhood" investors are to blame (can there be blame, though?).
I do wonder why it seems like so few people are taking in some gains while they are there to be had.
If anything, I believe the rhetoric of, "Well...if you look at history" or "Back in 1999" or "With the market in 2001" is all pretty pointless these days as there is no one alive that can figure out what might happen next. 
__________________
FIRE'd in 2014 @ 40 Years Old
Professional Retiree
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11-24-2020, 12:22 PM
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#79
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Nov 2016
Posts: 9,526
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Quote:
Originally Posted by Amethyst
What is everyone's favorite site for watching the stock market?
It was annoying when VG stopped posting real-time market levels on their "News" page. Like, what kind of "news" is it if I can't even see what the Dow and Nasdaq are doing?
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https://finance.yahoo.com/quote/%5EDJI?p=^DJI
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11-24-2020, 12:23 PM
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#80
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2013
Location: ATL --> Flyover Country
Posts: 6,649
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Quote:
Originally Posted by Amethyst
What is everyone's favorite site for watching the stock market?
It was annoying when VG stopped posting real-time market levels on their "News" page. Like, what kind of "news" is it if I can't even see what the Dow and Nasdaq are doing?
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I like the Thinkorswim platform from TDA. If you have an account there, the market is real time and there is a pretty robust news feed available as well. I have to admit that I enjoy watching/adjusting the multitude of charts they have.
__________________
FIRE'd in 2014 @ 40 Years Old
Professional Retiree
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