Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
34 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
It is official the Donald's Dow he brags about (Original Post) doc03 Mar 2020 OP
It will probably drop a lot lower with the Big 3 Auto plants closing due to covid19. StarryNite Mar 2020 #1
I just came from the mall it has closed. nt doc03 Mar 2020 #3
What it took so long for it to drop? at140 Mar 2020 #2
I wouldn't chance that right now, wait until the doc03 Mar 2020 #5
of course no one knows the future at140 Mar 2020 #7
I just ride it out. A lot of people bailed on 2009 I doc03 Mar 2020 #10
100% right you are about artificial low interest rates at140 Mar 2020 #13
The market will have factored that number in long before public release. n/t Yavin4 Mar 2020 #19
Agree 100% at140 Mar 2020 #28
He was juicing it Dream Girl Mar 2020 #16
He'll blame it on Obama gratuitous Mar 2020 #4
So much winning it makes you want to,..... magicarpet Mar 2020 #6
Heh! Wait until he gets wind of the unemployment numbers in another month or so. smirkymonkey Mar 2020 #8
If there is Turin_C3PO Mar 2020 #23
I never knew you could lose so much money just sitting at home. Hell, at least let me spend it on so Walleye Mar 2020 #9
Hey I bought a car Saturday money makes nothing doc03 Mar 2020 #14
Whiskey futures? leftieNanner Mar 2020 #17
Yes. Or cannibas. Walleye Mar 2020 #18
Although I live in Southern Oregon leftieNanner Mar 2020 #20
Unfortunately, my whiskey days are behind me. Walleye Mar 2020 #25
Remember Ronald Ray Gun's winning strategy? Chainfire Mar 2020 #11
Trump: "I alone can fix it!" sop Mar 2020 #12
You beat me to it by five minutes. Yonnie3 Mar 2020 #15
Gee I wonder if he'll autograph today's closing Dow chart Liberal In Texas Mar 2020 #21
Self-inflicted disaster C_U_L8R Mar 2020 #22
The Dow has now lost 10,000 points in just over a month since the record high BumRushDaShow Mar 2020 #24
my beautiful 409K has lost so much weight spanone Mar 2020 #26
Can he even spell depression?? gibraltar72 Mar 2020 #27
18,332 was the close on Nov 8, when he was "elected" RussBLib Mar 2020 #29
Maybe the country could go on a spending binge, Chainfire Mar 2020 #30
19,164 Fifty Minutes After Your Post (eom) ProfessorGAC Mar 2020 #31
You can't believe those numbers Chainfire Mar 2020 #32
I looks lie the traders Chainfire Mar 2020 #33
Your elation at people's retirement and jobs being lost is noted MichMan Mar 2020 #34

at140

(6,110 posts)
2. What it took so long for it to drop?
Wed Mar 18, 2020, 01:27 PM
Mar 2020

I have been waiting on the sidelines to buy for 4 years.
Finally time has arrived to start scooping up some clearance sale prices.

doc03

(35,325 posts)
5. I wouldn't chance that right now, wait until the
Wed Mar 18, 2020, 01:29 PM
Mar 2020

unemployment figures hit in a couple weeks. I don't think we has seen nothing yet.

at140

(6,110 posts)
7. of course no one knows the future
Wed Mar 18, 2020, 01:32 PM
Mar 2020

but from my 55 years dabbling in the market, markets ANTICIPATE good or bad news.
When the actual news arrives, it is usually too late. But like I said no one knows the future.
Another way to look at it is, this is a better time to get in than has been since Rump got elected.

doc03

(35,325 posts)
10. I just ride it out. A lot of people bailed on 2009 I
Wed Mar 18, 2020, 01:37 PM
Mar 2020

Sat still and gained 280% under Obama. I knew this market had to crash sometime it was all fueled by low interest and tax cuts.

at140

(6,110 posts)
13. 100% right you are about artificial low interest rates
Wed Mar 18, 2020, 01:39 PM
Mar 2020

and Rump pushed and pushed for zero rate by FED so he can make more millions in his highly leveraged business.

gratuitous

(82,849 posts)
4. He'll blame it on Obama
Wed Mar 18, 2020, 01:29 PM
Mar 2020

Needy Amin simply cannot be held accountable or responsible for anything bad. He is only to be praised whenever things go good, whether he had anything to do with it or not. Surely you've seen this phenomenon before; a lot of spoiled brat four-year-olds exhibit the same behavior. For a man in his 70s, it's just embarrassing to see.

 

smirkymonkey

(63,221 posts)
8. Heh! Wait until he gets wind of the unemployment numbers in another month or so.
Wed Mar 18, 2020, 01:32 PM
Mar 2020

This could just be the thing we need to send him over the edge.

Turin_C3PO

(13,964 posts)
23. If there is
Wed Mar 18, 2020, 01:55 PM
Mar 2020

a silver lining to this horrific virus and economic downturn, it’s the fact that it may result in a Joe Biden landslide.

Walleye

(31,008 posts)
9. I never knew you could lose so much money just sitting at home. Hell, at least let me spend it on so
Wed Mar 18, 2020, 01:36 PM
Mar 2020

Something foolish

leftieNanner

(15,082 posts)
20. Although I live in Southern Oregon
Wed Mar 18, 2020, 01:50 PM
Mar 2020

Where we are surrounded by weed and hemp grows, my doobie days are behind me.

Now, a nice single malt? That works for me!

C_U_L8R

(44,998 posts)
22. Self-inflicted disaster
Wed Mar 18, 2020, 01:54 PM
Mar 2020

He knew this was going to come. He was told so. There was a pandemic response team ready. And he went and fucked it all up. Then for weeks, months really, as the infection spread across the world, he deceived the country, declaring it fake news and a nothingburger. Now look where we are. Thanks Trump.

BumRushDaShow

(128,844 posts)
24. The Dow has now lost 10,000 points in just over a month since the record high
Wed Mar 18, 2020, 01:56 PM
Mar 2020
The Dow Jones Industrial Average (the Dow) is the index of the 30 top-performing U.S. companies. The highest closing record is 29,551.42 set on Feb. 12, 2020.

https://www.thebalance.com/dow-jones-closing-history-top-highs-and-lows-since-1929-3306174


(Currently down ~ 19,317.00 at post time)

RussBLib

(9,006 posts)
29. 18,332 was the close on Nov 8, when he was "elected"
Wed Mar 18, 2020, 02:09 PM
Mar 2020

And a close of 18,589.69 on Nov 9.

And then he of course, took full credit for the growing economy under Obama. I think it's his constant disdain for Obama that rubs me the most the wrong way. Damn prick.

Chainfire

(17,530 posts)
30. Maybe the country could go on a spending binge,
Wed Mar 18, 2020, 02:16 PM
Mar 2020

rob the pension funds, give everybody a big bonus then file bankruptcy. Trump know how to do that.

MichMan

(11,910 posts)
34. Your elation at people's retirement and jobs being lost is noted
Wed Mar 18, 2020, 03:05 PM
Mar 2020

You must have been giddy in 2008-2009.

Latest Discussions»General Discussion»It is official the Donald...