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  #1  
Old 02-24-2020, 01:41 PM
jebartle jebartle is offline
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Yipsters!
  #2  
Old 02-24-2020, 02:19 PM
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Stay the course!
  #3  
Old 02-24-2020, 02:19 PM
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Aye Aye Captain.
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  #4  
Old 02-24-2020, 02:37 PM
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might be time to buy - waiting for Dow to go below 28,000
  #5  
Old 02-24-2020, 02:57 PM
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Nowadays about 75% of the trading is automated which can cause big price swings. Many years of ultra low interest rates have driven market capitalization very high so stocks prices are currently quite vulnerable to a "Black Swan" of some sort. Is the coronavirus the '''Black Swan''' event that blows up the US market?
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  #6  
Old 02-24-2020, 03:37 PM
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Quote:
Originally Posted by champion6 View Post
Stay the course!



Exactly.


If you have some cash...................BUY.
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  #7  
Old 02-25-2020, 07:24 AM
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As Arnold would say, They'll be back!
  #8  
Old 02-25-2020, 08:39 AM
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Past performance speaks loud and clear:

Dow Jones - DJIA - 100 Year Historical Chart | MacroTrends
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Old 02-25-2020, 09:23 AM
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Quote:
Originally Posted by dewilson58 View Post
Exactly.


If you have some cash...................BUY.
I agree 406
  #10  
Old 02-25-2020, 09:34 AM
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Quote:
Originally Posted by billethkid View Post
Past performance speaks loud and clear:

Dow Jones - DJIA - 100 Year Historical Chart | MacroTrends
It sure does.

Particularly since this chart allows you to compare, using different criteria (by year, by fed chair, by recession).

Methinks though, some will be quite surprised (upset?)...by the facts.

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  #11  
Old 02-25-2020, 10:11 AM
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Buy ... when will you see Apple stock drop.
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  #12  
Old 02-25-2020, 10:22 AM
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Speaking of "history," we are now in the longest bull market (even with yesterday's precipitous drop)...EVER.

IMHO (and many other, more professional opinions) it would be silly to think, that it can continue without some type of major correction...coming soon.

I certainly hope not, but history and common sense...says it WILL happen.
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  #13  
Old 02-25-2020, 10:43 AM
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Given that almost 49% of Americans own NO stocks whatsoever, in any form (pension/company/investment/other)...it certainly doesn't matter to them.

Stock Ownership (trade here)

Quote:
Last month, we looked at how the top 1% of wage earners in the USA — they garnered wage gains of 158% since 1979.

The bottom 90%? A bit more modest gains — of 23.9%.

But that is just income. Let’s consider wealth created by the stock market.

According to Torsten Sløk of Deutsche Bank, the distribution is quite astounding: 84% of stocks in the USA are owned by the Top 10% of households.

While half of the US population own equities directly or indirectly (i.e. in pension accounts), it is only a modest share: The bottom 90% of households owns only 16% of all equities. Note the bottom 50% own practically none at all.

If you choose to focus on the stock market as a measure of how well the US economy is doing, you are missing a huge part of the picture. This is especially true for gig economy workers, younger workers, areas outside of the wealthy coasts and cities, and workers displaced by technology and globalization.

It's great that the stock market is up and at record highs; but that is only half the story. Or, to be more precise, about 10% of the recovery story
.
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Old 02-25-2020, 10:56 AM
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Quote:
Originally Posted by dewilson58 View Post
Exactly.


If you have some cash...................BUY.
I, and this is just me who is a pure amateur in this area, the affect of the budget deficit which continues to grow at record pace.

Seems we had a group of people on this forum and in congress (tea party) that absolutely warned us of the dangers of this deficit, yet today are silent.

My little knowledge says this is the most pressing problem because of the time it will take to "fix". Really not sure but that deficit is now in a territory it has never been before.
  #15  
Old 02-25-2020, 11:04 AM
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Quote:
Originally Posted by Bucco View Post
I, and this is just me who is a pure amateur in this area, the affect of the budget deficit which continues to grow at record pace.

Seems we had a group of people on this forum and in congress (tea party) that absolutely warned us of the dangers of this deficit, yet today are silent.

My little knowledge says this is the most pressing problem because of the time it will take to "fix". Really not sure but that deficit is now in a territory it has never been before.

The February 3 issue of Time magazine, discusses the mess that we 'boomers'...are leaving the millennial's.

And the antipathy from so many, to even acknowledge, much less than to start addressing, the issues...continues.

Anyone who calls themselves a patriot or a true American...should care about our future generations.

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