Don't worry about the stock market, Trump says....

[MineralMan]

What's 3% here and there, really? Just a flesh wound. And it's Hillary's fault anyway, or Obama's. It doesn't matter, anyhow, because soon everyone's going to be exhausted from all the winning to come, once Mueller announces "no collusion."

ETA: Changed 2% to 3% at the close.

[Turbineguy]

1. The stockmarket

is starting to figure out how trump got himself situated in the White Hole.

[MineralMan]

2. Yes, and he is digging that hole deeper and deeper.

Maybe he thinks if he digs far enough, he'll break through in the Kremlin and get his just reward from his BFF, Vlad.

[Turbineguy]

8. I think Vlad is starting to cut his losses.

The Mueller investigation is pivoting to other areas besides Russia.

Putin would have been better off with Hillary Clinton as President. They would have come to some sort of agreement.

Sometimes you just get it wrong and getting trump is getting it wrong.

[Achilleaze]

3. Dow sinks 500 points

CNN: "The Dow dropped more than 500 points, or 2%, on Thursday, underlining growing concerns among investors about looming tariffs on China..."

Thanks a reeking bullshit load, Dirty Donny* (R)

http://money.cnn.com/2018/03/22/investing/dow-jones-trade-war-china/index.html

* aka republican Draft-Dodger-in-Chief

[MineralMan]

7. Almost 600 now.

So, will there be a little rally or a smelly dump at the close? Who can say, but we'll all be watching.

[malaise]

9. About? -600.09 (2.43%) n/t

[Wounded Bear]

23. Down 700 now...

[TheBlackAdder]

4. So, we get the double penetration. Investments go down & mortgates go up and can't deduct interest.

[MineralMan]

5. You said "double penetration..."

Trump can only wish...

[CountAllVotes]

10. Incapable

at best!

[MineralMan]

15. That's why it will always be just a fantasy.

[malaise]

6. OK then now- 591.34 (2.40%)

Worry when you see 2.5%

[MineralMan]

11. Well, there's still time to drop below 24,000.

The trend appears to be downward. But, who knows? There could be a slight rally at the close. The suspense! The anxiety! Whatever shall we do?

[MineralMan]

12. And there it is:

24,059.77 Price decrease 622.54 (2.52%)

Sumbuddy bid 3%, can I get 3? You there, on the right. Gimme 3!

[malaise]

13. Holy Shit -644.20 (2.61%)

Worry

[MineralMan]

14. It's like watching your balance diminish on a dollar slot machine' display...

Surely there's a jackpot coming. Surely...

[malaise]

16. -696.98 (2.82%)

and there is 15 minutes to go - this could be a bloodbath on the Asian markets overnight

[MineralMan]

20. Over 700 down now.

I don't think there will be an upswing today. The trend looks clear. I think we'll see the -3% by the close.

[Achilleaze]

22. Dirty Donny*s republican Trump Slump

Sucks bigly.

* aka republican Draft-Dodger-in-Chief

[MineralMan]

21. Don' Worry. Be Happy!

Someone should write a song or something.

[malaise]

28. -724.42 (2.93%) My start for my song

Here's little song I wrote
About that fucking stupid dope...

[MineralMan]

29. Wow, eh?!?

Pretty messy stuff today. What will tomorrow bring?

Maybe the sun'll come up tomorrow...

[onethatcares]

32. that took my country

and made it broke
So he could get

a tax cut

[malaise]

33. Nice

[onethatcares]

34. He took my country

he tried to take my hope,
that fucking fucking stupid dope

But I will not give up,
No, I will not give up

there's more of us
than there is of them
it's time to show them
We are one.

Time to show them
We are one.


I'm sure a good band could put that into music.

[malaise]

35. Yes indeed

Should have organized this for Saturday's march

[MineralMan]

18. 23,985.33 Price decrease 696.98 (2.82%)

And we've broken 24,000 on the downside. It's gonna be a freaking red-letter day, for sure, now.

[Fullduplexxx]

37. Only for people with money in it

[Awsi Dooger]

17. I'm heavily involved and I'm not worried

It's likely a buying opportunity. Now I just need to figure out what...and when. Fortunately I have some comparisons to rely on.

Also some of my major mutual funds like FUSVX are throwing dividends in a couple of weeks, so a downturn before it happens means you pick up more shares during reinvestment.

The 2017 run up and great January 2018 allowed plenty of resiliency.

As always, big picture scope and not obsession over details or concern about short term indications. Those flaws ruin investors and lead to threads like this.

Today doesn't matter. That's the proper mindset in the market. People who fret over today are the same type who change opinion about sports teams based on every game of every season.

[MineralMan]

19. I have zero at stake. I'm just watching.

Still, I'm sure there are buying opportunities here. I just have nothing to buy them with.

[MineralMan]

24. Well, at least it didn't close down 3%

Just 2.93%, so that's not so bad, really. You just never get tired of so much winning on Trump's watch.

[Awsi Dooger]

25. It is hilarious to listen to the Shark Tank guy on CNBC

A few minutes ago. The bald guy. He is involved with this administration and I think he now runs his own mutual funds or ETFs.

The topic was the Mueller investigation as one of the factors dragging down the market. He jumped in and waved it off, saying he no longer pays attention to the news. Well no kidding. He wants to pretend the Mueller stuff shouldn't be happening and has no merit. I know damn well Trump is guilty of everything. I just don't believe Mueller will be able to prove it, not to the satisfaction of any congress.

[NNadir]

26. Pay no attention to that man behind...

...the curtain. I am the great and powerful Oz!!!!

[still_one]

27. .........................................................................................

[MineralMan]

30. 'Tis but a scratch...

[still_one]

36. I knew what you were referring to MM, and this was for the benefit of those who might not

[Hekate]

31. We got out several weeks ago. O.U.T. Trump is insane and will burn it all down given enough time...

I don't handle this part of our lives, but I have input into joint decisions. I forget what the tipping point was (there have been so many), but I said rather forcefully that we are really small fry in the scheme of things, that Trump will burn it all down, and while he may be used to bankruptcies, the nation will be wrecked by one.

Plus, we are 70. We don't personally have time to recoup losses that big.

So hubby started selling off in earnest. We are done.

MAGA!

[MineralMan]

38. I'm 72.

Got out during the recession, and lost my shirt. Oh, well. I can still work.