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2018-02-05 3:37 PM

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Subject: stock market

Down again today, I thought the tax cuts were going to bring unprecedented bigly gains



2018-02-05 4:11 PM
in reply to: 0

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Subject: RE: stock market
It was a sell off because of the ridiculous and unsustainable gains we’ve made. It’s the herd mentality of the market.

The market is still up 40% since Trump took office.

Edited by Rogillio 2018-02-05 4:17 PM
2018-02-05 4:16 PM
in reply to: dmiller5

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Subject: RE: stock market
Originally posted by dmiller5

Down again today, I thought the tax cuts were going to bring unprecedented bigly gains

Another day like today and I'll be buying into the market with every penny I own that is not currently in play....including college funds.
2018-02-05 4:19 PM
in reply to: Left Brain

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Subject: RE: stock market
Originally posted by Left Brain

Originally posted by dmiller5

Down again today, I thought the tax cuts were going to bring unprecedented bigly gains

Another day like today and I'll be buying into the market with every penny I own that is not currently in play....including college funds.


Just remember, hogs are often killed just for being hogs. Or so I’ve read....
2018-02-05 6:02 PM
in reply to: Rogillio

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Subject: RE: stock market
Who hasn't been waiting for this? It's a REALLY good thing. Plenty of people have been sitting on the sidelines waiting for a chance to get in......here it is.
2018-02-05 6:58 PM
in reply to: Left Brain

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Subject: RE: stock market
<<< Just standing by waiting for frozen orange juice to bottom out.. . … ..


2018-02-06 7:05 AM
in reply to: mdg2003

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Subject: RE: stock market
Originally posted by mdg2003

<<< Just standing by waiting for frozen orange juice to bottom out.. . … ..


Are you going to corner the market?


So I took a beating yesterday and lost all the spectacular gains I'd made in January and part of Dec. Oh well, easy come, easy go. Maybe this will take some of the nervousness about a pending correction away and people will calm down now. The real effects of the tax cuts are yet to be seen as business start to expands and hire. All analysts seem to think the "fundamentals" looks good and we are in a period of growth.

So then, all's well and back to our brandies.
2018-02-06 11:08 AM
in reply to: Rogillio

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Subject: RE: stock market
2018-02-06 11:16 AM
in reply to: mdg2003

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Subject: RE: stock market
Of course it's Obama.
2018-02-06 11:51 AM
in reply to: Oysterboy

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Subject: RE: stock market
Hannity. He's our Maddow.
2018-02-06 12:12 PM
in reply to: mdg2003

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Subject: RE: stock market
Originally posted by mdg2003

Hannity. He's our Maddow.



LOL! Good comparison. I do not watch him regularly but I watched him last night and realize why. He put out a series of statements in his opening monologue that defines what we know and/or think happened. That was the first 5 minutes. He spent the next 50 minutes saying the same thing over and over again.....repeating what he'd said to each of his guests. His last guest, Mark Levine (?) did have a few different takes or additions.

I usually surf. I will go from MSNBC to FOX to CNN and jump back between those three. It's two different planets we live on! I watch one station till I get fed up with the lies or distortion or goofy accusations or personal attacks and then I flip the channel. I really like Trey Gowdy and hate that he is leaving Congress. I read a quote from him today:

My wife hates it when I say this, but I was a pretty good prosecutor, I think. But I've been a pretty lousy politician,” Gowdy told CBS News’ Face the Nation. “I've done it for seven years,” he added. “I'm really grateful for the opportunity to do it, but it's time for me to — whatever time I've got left, I want to spend it in the justice system because that's where my heart is.” But Gowdy seemed to take a stab at the current Congress culture on his way out, saying he considers himself lousy because he can see “multiple sides of a single issue.”


I wish more people in Congress thought like this! There are multiple sides to every argument!




2018-02-06 12:41 PM
in reply to: dmiller5

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Subject: RE: stock market

Originally posted by dmiller5

Down again today, I thought the tax cuts were going to bring unprecedented bigly gains

lol, you almost sound like you're rooting for it to go down. 

The market goes up and it goes down.  The continuous gains of the past year were quite unprecedented.
One thing to remember when the media tries blowing up the "largest point loss in history" garbage is to look at the percentages.  A 1000 point loss today is equivalent to a 500 point loss in 2015.  If you look back at the market, even when very healthy it has big loss days every now and again.  It looks like everything is bottoming out nicely at Dow 24k, so the buyers will likely kick back in.  There's nothing fundamental driving the drop, just profit taking and such as best I can tell.

2018-02-06 12:50 PM
in reply to: tuwood

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Subject: RE: stock market
Originally posted by tuwood

Originally posted by dmiller5

Down again today, I thought the tax cuts were going to bring unprecedented bigly gains

lol, you almost sound like you're rooting for it to go down. 

The market goes up and it goes down.  The continuous gains of the past year were quite unprecedented.
One thing to remember when the media tries blowing up the "largest point loss in history" garbage is to look at the percentages.  A 1000 point loss today is equivalent to a 500 point loss in 2015.  If you look back at the market, even when very healthy it has big loss days every now and again.  It looks like everything is bottoming out nicely at Dow 24k, so the buyers will likely kick back in.  There's nothing fundamental driving the drop, just profit taking and such as best I can tell.




It's happening because I'm shorting frozen OJ futures… Shh, tell no one and you can get in on it too.
2018-02-06 2:23 PM
in reply to: mdg2003

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Subject: RE: stock market
We all knew the market needed a correction for a while, DAX and FTSE are down too. My money isn't going anywhere.
2018-02-06 3:04 PM
in reply to: Oysterboy

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Subject: RE: stock market

If you really want some good laughs, watch CNN losing it's collective mind trying to make Trump look bad as the market corrects and then pull their hair out as it comes back up 500+ (and beyond

2018-02-06 4:36 PM
in reply to: mdg2003

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Subject: RE: stock market
Originally posted by mdg2003

Originally posted by tuwood

Originally posted by dmiller5

Down again today, I thought the tax cuts were going to bring unprecedented bigly gains

lol, you almost sound like you're rooting for it to go down. 

The market goes up and it goes down.  The continuous gains of the past year were quite unprecedented.
One thing to remember when the media tries blowing up the "largest point loss in history" garbage is to look at the percentages.  A 1000 point loss today is equivalent to a 500 point loss in 2015.  If you look back at the market, even when very healthy it has big loss days every now and again.  It looks like everything is bottoming out nicely at Dow 24k, so the buyers will likely kick back in.  There's nothing fundamental driving the drop, just profit taking and such as best I can tell.




It's happening because I'm shorting frozen OJ futures… Shh, tell no one and you can get in on it too.


I’m still trying to understand if you were making a movie reference to Trading Places with Eddie Murphy and Dan Ackroid?


2018-02-06 6:32 PM
in reply to: Rogillio

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Subject: RE: stock market

Are you guys sitting down...

I actually put some money in the market today... <ducks for cover>

2018-02-06 6:48 PM
in reply to: 0

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Subject: RE: stock market

Originally posted by tuwood

Are you guys sitting down...

I actually put some money in the market today...

Yep......and that's exactly what people in the market are counting on, folks like you who had been sitting by waiting for a correction to get back in. 

I actually hope it goes a bit deeper, but I doubt it's a coincidence that the market rallied today after it opened so low that it went into "correction" territory......lots of managers out there with orders to buy in if it got there.....and the rally followed with the new money.

It's not like we're in a recession......quite the opposite.



Edited by Left Brain 2018-02-06 6:49 PM
2018-02-06 7:32 PM
in reply to: Left Brain

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Subject: RE: stock market
Originally posted by Left Brain

Originally posted by tuwood

Are you guys sitting down...

I actually put some money in the market today...

Yep......and that's exactly what people in the market are counting on, folks like you who had been sitting by waiting for a correction to get back in. 

I actually hope it goes a bit deeper, but I doubt it's a coincidence that the market rallied today after it opened so low that it went into "correction" territory......lots of managers out there with orders to buy in if it got there.....and the rally followed with the new money.

It's not like we're in a recession......quite the opposite.



Do keep an eye on the Asian markets, from what I'm reading they are more volatile right now than US or EU markets. I know that the part of my portfolio that had the highest gains last year was my international growth funds, netted something like 32% last year. Of course, some of that is poofed now
2018-02-06 7:43 PM
in reply to: Oysterboy

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Subject: RE: stock market

Originally posted by Oysterboy
Originally posted by Left Brain

Originally posted by tuwood

Are you guys sitting down...

I actually put some money in the market today...

Yep......and that's exactly what people in the market are counting on, folks like you who had been sitting by waiting for a correction to get back in. 

I actually hope it goes a bit deeper, but I doubt it's a coincidence that the market rallied today after it opened so low that it went into "correction" territory......lots of managers out there with orders to buy in if it got there.....and the rally followed with the new money.

It's not like we're in a recession......quite the opposite.

Do keep an eye on the Asian markets, from what I'm reading they are more volatile right now than US or EU markets. I know that the part of my portfolio that had the highest gains last year was my international growth funds, netted something like 32% last year. Of course, some of that is poofed now

I got out of international funds a few years ago.  My gains weren't as big, but I haven't trusted those markets for awhile.

2018-02-06 7:50 PM
in reply to: Oysterboy

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Subject: RE: stock market

Originally posted by Oysterboy
Originally posted by Left Brain

Originally posted by tuwood

Are you guys sitting down...

I actually put some money in the market today...

Yep......and that's exactly what people in the market are counting on, folks like you who had been sitting by waiting for a correction to get back in. 

I actually hope it goes a bit deeper, but I doubt it's a coincidence that the market rallied today after it opened so low that it went into "correction" territory......lots of managers out there with orders to buy in if it got there.....and the rally followed with the new money.

It's not like we're in a recession......quite the opposite.

Do keep an eye on the Asian markets, from what I'm reading they are more volatile right now than US or EU markets. I know that the part of my portfolio that had the highest gains last year was my international growth funds, netted something like 32% last year. Of course, some of that is poofed now

I agree.  Like it or hate it the Asian markets are going to change under Trumps new rules.  I'm not going as far as saying they will crash, but I can see them becoming much more volatile in the next few years.



2018-02-06 8:33 PM
in reply to: tuwood

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Subject: RE: stock market

I found the secret to why the market goes up and down.

2018-02-07 6:44 AM
in reply to: tuwood

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Champion
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Subject: RE: stock market
Yesterday I made back half of what I lost on Monday. Easy come, easy go.
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