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empedocles

(15,751 posts)
4. fox news tendency is to talk up greatest 1 day rise in history.
Wed Dec 26, 2018, 08:38 PM
Dec 2018

When market goes down they prefer percentage declines which seem less dramatic.


[A 1000 point dj gain at this level, is in percentage terms much less dramatic historically.]

 

LakeSuperiorView

(1,533 posts)
5. Even with today, the Dow is down about 8% on the year.
Wed Dec 26, 2018, 08:45 PM
Dec 2018

Not exactly bragworthy, but I expect a twitter self backpat from Orangeanus by the time the sun rises.

empedocles

(15,751 posts)
6. Dow pretty much went nowhere for the year, before going down lately.
Wed Dec 26, 2018, 09:27 PM
Dec 2018

Anything near the 8% loss you quote, should be enough to awaken some when they get their year end statements for 2018.

 

LakeSuperiorView

(1,533 posts)
7. It hit its peak for the year on Oct 3, about 8% above the start of the year.
Wed Dec 26, 2018, 11:00 PM
Dec 2018

I missed that, but made transfers near a later up point. Could have been much better, but considering that I was up 2.4% after Christmas Eve's drop when that was negative 8% for the Dow, I'm feeling pretty good. Bush the Lesser's economy erased a lot of value for me, I wasn't just going sit still when tRump ran out Obama's run up.

The next couple days might be rough, Donny's chaos is going to whipsaw the markets.

empedocles

(15,751 posts)
8. trump goosed [ludicrous fat cat tax breaks] the dji up about 1400 points in january. Market was
Thu Dec 27, 2018, 01:58 PM
Dec 2018

mostly choppy after that. Made a small percentage high - before the bills came due lately.

 

LakeSuperiorView

(1,533 posts)
9. Except that it peaked Oct 3rd, after a longish flat run up over the summer.
Thu Dec 27, 2018, 02:08 PM
Dec 2018

It was lower in early February than at the start of the year. Your "goose" peak flew south after January ended.

The swings in the year were up 8% by early October and down 8% from the start of the year now. A lot of volatility from Trump chaos, but
a swing of 16% is not "chop".

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