Dow @ 20K. Time to jump off!
POSTED BY: JO753
UPDATED: Friday, April 4, 2025 13:08
VIEWED: 120054
PAGE 40 of 119
Dow closed today at 23,533. A drop of 1.7% today. This is 11.6% off the Record All-Time High. Hard to beat a discount price like this to buy in at. Buffet must be buying like crazy about now.
The Dow closed at 23,860 on 8 February.
Dow closed at 23,539 on 4 November 2017.
Dow closed at 23,516 on 3 November 2017.
Today Trump signed the Cramnibus Spendaholic bill, largest spending bill in history, to last until September if this year, 6 months from now.
Quote:
Originally posted by JEWELSTAITEFAN:
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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Supoze it stayz between 20k to 25k for the next few yirz. Nobody gets rich without alot uv work jumping around and getting lucky that they usually manaj to get on board stocks az they go up a little and off befor they go back down.
Woudnt that forse most peepl out and thus the entire game starts to colaps?
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DUZ XaT SEM RiT TQ YQ? - Jubal Early
http://www.7532020.com
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Quote:That is unlikely to happen. If it falls below 22.5K then it won't stay above 20K for long. It hasn't been able to stay between 23.5K and 25K for more than a week since it entered that range in Nov 2017.
Originally posted by JO753:
Supoze it stayz between 20k to 25k for the next few yirz. Nobody gets rich without alot uv work jumping around and getting lucky that they usually manaj to get on board stocks az they go up a little and off befor they go back down.
Woudnt that forse most peepl out and thus the entire game starts to colaps?
But let's pretend.
As older people in pensions and other types of retirement plans leave the workforce, newer workers will transition into more mutual funds, feeding more money into the Market, increasing demand, increasing prices. Same thing from other investors.
Retirement funds are not withdrawn within a few years without penalties, and not until the legally designated age. This age would be achieved by about one in 45 workers per year.
Unless you are talking about the wealthy investors. These people make gobs of money with the minor ups and downs of the day-to-day and week-to-week. Their money handlers are day traders, a different, perhaps opposite, animal than mutual fund investors. Since the Dow hit 26,616 on 26 Jan it has gone up and down 1% dozens of times, 2% a dozen or so times, 5% several times, in less than 2 months, about 42 trading days. Selling at high and buying at a 1% discounted price several times per day gets them a few percent per day, or about 500% APR. Do you consider that a failure, or collapse? The wealthy won't mind doing that repeatedly.
So what is it that you think will collapse? Who is it that will get out permanently?
Can you point to any period of "years" that the DOW stayed entirely within 75 - 95% of the prior Record All-Time High? If it has never happened in history, then what makes anybody think it would happen all of a sudden?
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And you still haven't answered this question:
Quote:
Originally posted by JEWELSTAITEFAN:
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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Quote:fb closed at 159.39 on Friday. Loss of 25.7 in 5 trading days, or 14%.
Originally posted by JEWELSTAITEFAN:Quote:Users signed contracts which included the language. Facebook contracted with these other companies with language which certainly provides plausible deniability.
Originally posted by 6IXSTRINGJACK:Quote:Has it been proven that they all agreed to give 3rd parties, or this 3rd party in particular access to all of their data?
Originally posted by JEWELSTAITEFAN:
Dow closed at 24,610 on Monday, a drop of over 1%. Reportedly started by a selloff if Facebook, after weekend news showed Facebook have given access to a partner of data which customers had agreed to.
This close of the Dow is 7.5% off of the Record All-Time High, providing somewhat bargain pricing.
On 2 March Dow closed at 24,538. That was 11 trading days ago.
I'm assuming that they all did agree to this with the terms of service. But I'm not going to bother reading the terms of service to a service that I don't use. I just worked the last 6 nights straight. Last thing I want to do is dive into a bunch of legalese right now.
Hey... maybe if there's enough outrage there might be some laws passed that no longer allow companies to write these novels that nobody reads and slip a bunch of bullshit like this into them?
I won't hold my breath.
Do Right, Be Right. :)
Does anyone truly believe Facebook didn't know this would happen, or was happening?
And what are Facebook users gonna do, stop using? It's gizmo crack.
Facebook users will forget all about this in 5 4 3 2...
Do you think the lawyers for Facebook have enough money To win?
I don't know what Facebook stock is going for. How many days do you think will pass before the price returns to Friday's price level?
Edit: fb was 185.09 on Friday, 172.56 Monday.
On Wednesday it closed a tad under 170. So in the past week, half its loss was from the story of data mining for 2016, then it steadied for a couple days, and then lost the other half from the story of Obama endorsing and allowing the data theft.
Some people here have said that the 6% loss for Facebook in the last 2 days was caused by China Tariffs.
That is a bigger drop than the Dow, which only did 4.7% total in the past 2 days.
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Quote:
Originally posted by JEWELSTAITEFAN:
That is unlikely to happen. If it falls below 22.5K then it won't stay above 20K for long.
OK. So how long do you say it can stay stuk befor it fallz apart?
Quote:
...Selling at high and buying at a 1% discounted price several times per day gets them a few percent per day, or about 500% APR. Do you consider that a failure, or collapse? The wealthy won't mind doing that repeatedly.
How long can they keep riding it down the crapper till its not worth the effort?
Quote:
So what is it that you think will collapse? Who is it that will get out permanently?
A complete collapse iz wen no company iz offering stock kuz nobody iz willing to pay the minimum prise the company will sell a share for. Same az a real product, therez 2 opozing valuationz.
Lets say I hav a gitar for sale on Reverb.com for 100,000$. Nobody will pay that much for any gitar that wuznt played by a famous muzician, but I am not willing to sell it for less bekuz it haz a yir uv work in it and its 1 uv a kind. Really the only way it will sell iz to introdoos a speculativ increasing value. (aside from getting Eric Clapton to take it on tour!)
Quote:
Can you point to any period of "years" that the DOW stayed entirely within 75 - 95% of the prior Record All-Time High? If it has never happened in history, then what makes anybody think it would happen all of a sudden?
Same point you are making at the beginning. So wut? 6 months?
About your riddle - I giv up.
----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early
http://www.7532020.com
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Quote:
Originally posted by JEWELSTAITEFAN:
Did Facebook stock prices drop when news was reported about CA?
Did that initiate a large Market selloff?
The MSM said that was the cause and effect - do you disagree?
I agree - FB is an ongoing business with an undetermined financial future and nearly 2,000,000,000 users world wide and a market cap of $463 BILLION dollars, as opposed to an ex-president who is sitting at home learning cross stitch.
Quote:
Originally posted by JEWELSTAITEFAN:
Facebook is run by Libtards, are we agreed? So the news that a one-time occurance which supposedly benefitted Trump was unsettling to Snowflakes, right?
The concern could be mitigated with the Libtard view that CA was influenced by Manafort (no longer affiliated by that time), and then done solely to benefit Trump.
So the news that it was not a one-time occurance, going back years, should be ignored by Snowflakes?
If Snowflakes had imagined that fellow Libtard Zuckerwad would protect their interests, this new revelation could be unsettling.
If Snowflakes had imagined that fellow Libtard Bobo would not compromise their interests by obtaining this data, through a Manafort intermediary, this new revelation could be unsettling.
If Snowflakes had imagined that Obama had their best interests at heart, then this new revelation that he knew how the data was obtained and permitted it to continue, thus allowing Trump to use it as well, could be unsettling.
Yep - you nailed it! (omg)
So, it's so unsettling they... sell their stock? Makes no sense - there's no financial driver there.
How many 'snowflakes' do you think there are, btw? Are they the ones who have been propping up the market? Do you think there are any other people investing in and influencing the market who aren't 'snowflakes?' If you think snowflakes hate Trump so much, why did the market continue to climb after Trump was elected?
Quote:
Originally posted by JEWELSTAITEFAN:
The China Tariffs were old news. Even Libtards had heard of it prior to this week.
The Facebook news was new.
Guess you missed China's reaction yesterday even though it was everywhere:
Global markets plunge as China reacts to Trump’s steel tariffs
https://www.theguardian.com/business/2018/mar/23/china-promises-to-hit
-us-with-tariffs-as-stocks-plunge-amid-fear-of-trade-war
China responds after Trump proposes tariffs and claims unfair trade practices
China reacts to Trump's tariffs by vowing to open its markets further
and on and on and on - no mention of Obama's CA relationship from 6 years ago (or was it 10?) causing even a ripple. Perhaps you have some linkys?
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And you still haven't answered this question:
Quote:
Originally posted by JEWELSTAITEFAN:
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?
It's not a riddle. Just pick one.
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Dow closed at 24,202 today, a gain of 2.84% for the day. This is 9.1% off the Record All-Time High.
This gain is 2.5% of the Record All-Time High.
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Quote:fb dipped below 150 in midday trading, a further loss of 6%. Then it rode the marketwide surge to close at 160.06.
Originally posted by JEWELSTAITEFAN:Quote:fb closed at 159.39 on Friday. Loss of 25.7 in 5 trading days, or 14%.
Originally posted by JEWELSTAITEFAN:Quote:Users signed contracts which included the language. Facebook contracted with these other companies with language which certainly provides plausible deniability.
Originally posted by 6IXSTRINGJACK:Quote:Has it been proven that they all agreed to give 3rd parties, or this 3rd party in particular access to all of their data?
Originally posted by JEWELSTAITEFAN:
Dow closed at 24,610 on Monday, a drop of over 1%. Reportedly started by a selloff if Facebook, after weekend news showed Facebook have given access to a partner of data which customers had agreed to.
This close of the Dow is 7.5% off of the Record All-Time High, providing somewhat bargain pricing.
On 2 March Dow closed at 24,538. That was 11 trading days ago.
I'm assuming that they all did agree to this with the terms of service. But I'm not going to bother reading the terms of service to a service that I don't use. I just worked the last 6 nights straight. Last thing I want to do is dive into a bunch of legalese right now.
Hey... maybe if there's enough outrage there might be some laws passed that no longer allow companies to write these novels that nobody reads and slip a bunch of bullshit like this into them?
I won't hold my breath.
Do Right, Be Right. :)
Does anyone truly believe Facebook didn't know this would happen, or was happening?
And what are Facebook users gonna do, stop using? It's gizmo crack.
Facebook users will forget all about this in 5 4 3 2...
Do you think the lawyers for Facebook have enough money To win?
I don't know what Facebook stock is going for. How many days do you think will pass before the price returns to Friday's price level?
Edit: fb was 185.09 on Friday, 172.56 Monday.
On Wednesday it closed a tad under 170. So in the past week, half its loss was from the story of data mining for 2016, then it steadied for a couple days, and then lost the other half from the story of Obama endorsing and allowing the data theft.
Some people here have said that the 6% loss for Facebook in the last 2 days was caused by China Tariffs.
That is a bigger drop than the Dow, which only did 4.7% total in the past 2 days.
What must be the Libtard excuse for Facebook falling so far behind the general Market? All those China FB users afraid of Facebook Tariffs?
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