Real World Event Discussions

Dow @ 20K. Time to jump off!

POSTED BY: JO753
UPDATED: Friday, April 4, 2025 13:08
VIEWED: 120054
PAGE 28 of 119

Tuesday, February 6, 2018 7:41 PM

Quote:

Originally posted by second:
Quote:

Originally posted by 6IXSTRINGJACK:

What jobs?

Do Right, Be Right. :)

Those jobs, but maybe those jobs aren't where you are in Indiana:



6ix needs to hold onto the belief that those numbers are totally false to rationalize his long term unemployment. It's ok, Jack, not working is much better than working for douche nozzles - been there, done that.

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Tuesday, February 6, 2018 8:11 PM

I should have asked:
Who thinks which day this week will have the biggest gain?

I conjure the day or 2 after its done falling back.
So, I'll conjure Monday was the big dropback, then maybe biggest gain on Wednesday. I don't have money to wager on that, my money was already in the market before this discount buying opportunity.

Although a lot of people would be relieved if it drops to 22,623 before rebounding.


Perhaps I should point out, here in the moment: these are the days of making the largest gains in funds. Buying at a discount of 6% can get an easy gain on bounce back, in a matter of days instead of the 55 days it recently took to scale this mountain of stock value.
And if it can drop to 22,623 then the rebound can only be reasonably expected to be 5% to 10% of the all-time high, so buying at the end of Monday could still result in a loss.
But regardless, whenever the market hits the best bargain price, that is when the common trader has the greatest opportunity to grow their funds. Although this volatility is just noise, the potential for growth is far greater than days of a couple hundred point gains.

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Tuesday, February 6, 2018 11:16 PM

Quote:

Originally posted by JO753:
It wuz 1,172 points, the biggest drop in history. Quit being stinjy and give Trump hiz trofy!

But maybe wait a wile and see if he can beat it.

Just how insipid are you? Are you a complete and absolute moron, pretending to have a fiscal or mathematical clue?

If I tell you that we'll take the entirety of your life savings (or 10% of your life earnings) and you will now lose either 10 jiggers or 10 siggers worth, your choice - which do you choose?

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Wednesday, February 7, 2018 12:50 AM

Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by JO753:
https://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_Dow
_Jones_Industrial_Average


Interesting chart! Green on the good side, red on the drop side.

The 2 greatest ever, by far, are rite wen thingz were falling apart in 08! And the worst ever wuz a few weeks befor the best ever.

Nothing in the top 20 best ever for Trump

Is the sky falling? Is it time to panic? Has our resident Chicken Little posted a timely ode?

Poor interpretation of the table of Largest Percentage Changes at that wiki linky. Of the 20 greatest losses, 1987's Black Monday tops the list with over 22%. The only entries in the past 16 years are in the Fall of 2008, after McCain's campaign started sabotaging Sarah Palin, and folks started to see he was trying desperately to snatch defeat from the jaws of victory - and what the resulting disaster would be in Obama. 2 of them in October, 1 in December, each about 1/3 the change of Black Monday. Although the Market had dropped >5,000 points for more than a year (since the Rock-The-Vote Democrap's first Budget - for FY08 - took effect), MSM Libtards continued to clamor that everybody should keep losing their money by staying in the Market. Another big loss was in September 2001. Couple more from Clinton. None since Obamination squashed the Market down on March 2009.
Of the 20 greatest gains, 3 are after 1940. 1 is from 1987, a quick recovery following Black Monday. The other 2 are from October 2008, each following the 2 greatest loss days, when Sarah Palin would speak and provide Americans with our last days of hope. There was no top-20 gain day following the December 2008 great drop.
Not a single great gain day since Obama's Election Day. And now after Obama devaluating the dollar to half, these tables might never again change.
Those tables show a completely different and factual picture than what Jump Off is dreaming of in his delusional post.


Looks like Dow closed at 25,520 on Friday. That is 1,096 less than the all-time High, or 4.1% off the record.

A one-day drop of 665, or 2.5% of the prior day close. Compared to the 8% drops when the Market realized Obama would occupy the White House, this is less than 1/3 of each of those 3 days in October 2008.


I have been looking for the list of Stock Market Exchange Circuit Breakers, or Trading Curbs, or "Curb-ins" which is supposed to be maintained by the SEC. Haven't had luck finding it yet.
Reportedly Obama set record numbers of Circuit Breaker trips, sometimes several per day. Since 1987, Bush41, BJ Clinton, Bush43, and Trump have had the opportunity to trip more Circuit Breakers with devastating Market losses due to horrific Economies than Obamanomics, but none of them have.

In order to hide the poor performance of Obamanomics, in 2013 the SEC Rule 80b was changed, in its triggering criteria.
From 1998-2013, the Level 1, 2, and 3 Circuit Breakers were set for a DJIA loss of 10%, 20%, 30% respectively of the average daily close of the last month of the prior Quarter - and those figures remained for the whole quarter.
Since 2013, the triggers for the levels are 7%, 13%, 20% of the prior day's close of the S&P500.

So, with 7% drops tripping the Circuit Breakers to Halt Trading, it was fairly more difficult to reach the same level as the drops that Obama and Rock-The-Vote Democraps achieved in 2008.
Those tables might never again change, on the negative or red side.
Maybe more useful to look at the list of Trading Curbs.

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Wednesday, February 7, 2018 1:39 AM

You keep trying to blame Obama for ruining the economy. Nobody outside uv the Fox eko chamber can be fooled into considering that for a second.

The only blame to be credited iz the suppozedly slow recovery and that goez to Mitch McConnel, John Boehner and the entire GoP for obstructionizm.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com

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Wednesday, February 7, 2018 2:20 AM

Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by THGRRI:
Quote:

Originally posted by Riverlove:
Quote:

Originally posted by JEWELSTAITEFAN:
Should we still jump off?
Yesterday's close was about 21,454.
Looks like all time high of 21,535 was on June 19.

I'm not. My stock portfolio is up about 18% since Trump was elected. Corporate earnings remain strong, but as we've seen before, things can turn ugly real fast. Best way to protect your investment and your profits is with stop-sell orders. If prices rise you can adjust the threshold upwards. If prices drop, your sell order kicks in and your loss is minimized.

You guys are so full of shit. Your investments my ass. You act as though Trump saved us all. He's riding on Obamas' success. When President Obama took office on Jan. 20, 2009, the Dow Jones Industrial Average was 7,949.09. As of the end of Obama's term on January 20, 2017, the Dow was 19,732.40

Obama's "success" - for koolaid drinkers.

On Oct 12, 2007 - just before the Rock The Vote Democraps who took majority of the House had their disastrous first budget take full effect (FY2008) - Dow closed 14,093. Bush had been in office for 6 years.
On Nov 4, 2008 - Election Day - Dow closed at 9,625. A drop of 32% in 13 months that the Rock The Vote Democraps can take credit for.
On Nov 5, 2008 - Black Wednesday, when the results were learned (American voters chose the path of further economic disaster) - Dow closed at 9,139. A drop of 5% in one day which Bobo can take credit for.
By Jan 19, 2009 the impending doom had driven the Dow to 8,279 at close - a drop of another 9.5% since Nov 5 (76 days). Bobo can take credit for this.
On Jan 20, 2009 the Dow dropped another 4% in this single day. A drop of 17.5% since the day of the election. Bobo can take credit for this also.
On Mar 9, 2009 the Dow closed at 6,547. A drop of 21% in Bobo's first 48 days in office. Yep, Obama can take credit for this also. Total of 32% loss since Election Day, matching the loss of a whole year of Democraps in charge (with only Bush43 to reign them in). And a loss of 53% in only 1 year, 4 months since Democraps took control of the Fed Budget.

On November 2, 2010 - Election Day - the Dow closed at 11,188. It had crept up 1,563 points since Obama was elected. Or 16% in 2 years. This is the rate of growth that Bobo could take credit for. Still 2,905 less than before Democraps had taken control of the Federal Budget.
On 27 Jan, 2011 - when the new Congress had taken their seats, discharging the Democrap majorities - Dow closed at 11,989. A gain of 801 points in only 3 months since the election, and only a few weeks in office - despite Bobo still occupying the White House. Can't see Bobo taking credit for the GOP's gains - oops, that's right, Bobo did take credit where not due.

By Jan 20, 2017 - with 6 years of GOP control of Congress, the Dow had gained 76%, despite Bobo still occupying the White House.
By Jun 19, 2017 the Dow achieved 21,535. A gain of 1,803 point and over 9% in only the first 5 months of Trump taking office.

JO, Real World Facts don't lie like your Libtard Fake "facts" do.

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Wednesday, February 7, 2018 2:22 AM

Quote:

Originally posted by JEWELSTAITEFAN:
I should have asked:
Who thinks which day this week will have the biggest gain?

I conjure the day or 2 after its done falling back.
So, I'll conjure Monday was the big dropback, then maybe biggest gain on Wednesday. I don't have money to wager on that, my money was already in the market before this discount buying opportunity.

Dow closed at 24,912.
Only 2.33% gain. Room enough to gain more tomorrow.

Perhaps the bargain pricing is over.

Note: thus far, nobody else has weighed in.

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Wednesday, February 7, 2018 3:07 AM

Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by JO753:
It wuz 1,172 points, the biggest drop in history. Quit being stinjy and give Trump hiz trofy!

But maybe wait a wile and see if he can beat it.

Just how insipid are you? Are you a complete and absolute moron, pretending to have a fiscal or mathematical clue?

If I tell you that we'll take the entirety of your life savings (or 10% of your life earnings) and you will now lose either 10 jiggers or 10 siggers worth, your choice - which do you choose?

What's wrong? You can't make a simple decision?
Each one is just 10, do it's not like there's a difference!

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Wednesday, February 7, 2018 6:42 AM

Need a few loops and verticle drop with corkscrew twists. The next shutdown iz Thurzday and Trump haz to do hiz weekly stoopid crazy thing. Lets see were its at on Friday 5 pm.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com

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Wednesday, February 7, 2018 8:51 AM

Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by JO753:
It wuz 1,172 points, the biggest drop in history. Quit being stinjy and give Trump hiz trofy!

But maybe wait a wile and see if he can beat it.

Just how insipid are you? Are you a complete and absolute moron, pretending to have a fiscal or mathematical clue?

If I tell you that we'll take the entirety of your life savings (or 10% of your life earnings) and you will now lose either 10 jiggers or 10 siggers worth, your choice - which do you choose?

What's wrong? You can't make a simple decision?
Each one is just 10, do it's not like there's a difference!

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