DriftBusta Posted December 6, 2018 Share Posted December 6, 2018 24,949.02 Quote Link to comment Share on other sites More sharing options...
Pete Posted December 6, 2018 Share Posted December 6, 2018 4 minutes ago, DriftBusta said: 24,949.02 Poor gloom and doomers... boo hoo Quote Link to comment Share on other sites More sharing options...
Anler Posted December 6, 2018 Share Posted December 6, 2018 1 minute ago, Pete said: Poor gloom and doomers... boo hoo I want it to crap out another couple thousand... Quote Link to comment Share on other sites More sharing options...
Edmo Posted December 6, 2018 Share Posted December 6, 2018 13 minutes ago, Pete said: Poor gloom and doomers... boo hoo The sky is falling!!!! Quote Link to comment Share on other sites More sharing options...
1jkw Posted December 6, 2018 Share Posted December 6, 2018 I hope the market stabilizes soon, likely it won't though. A major factor keeping the market up now is stock buybacks, expected to top 1 trillion dollars in 2018. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted December 6, 2018 Share Posted December 6, 2018 35 minutes ago, 1jkw said: I hope the market stabilizes soon, likely it won't though. A major factor keeping the market up now is stock buybacks, expected to top 1 trillion dollars in 2018. It’s gonna be big ups and big downs as long as the guy with the stink on him is still in office Quote Link to comment Share on other sites More sharing options...
Anler Posted December 6, 2018 Share Posted December 6, 2018 40 minutes ago, 1jkw said: I hope the market stabilizes soon, likely it won't though. A major factor keeping the market up now is stock buybacks, expected to top 1 trillion dollars in 2018. Thats why i want it to crap out some more. So i can buy cheaper! Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted December 6, 2018 Share Posted December 6, 2018 1 hour ago, DriftBusta said: Why wouldnt there be? It went up around 8000 points in a year and economy caught fire. Not sure what Trumpers or hypocrisy have to do with any of that. returns are based on percentages not points. Obamas percentage returns were better than Trumps and as the 2018 gains are lost it becomes even more apparent. So Trumpers bitching that MC uses points when you and other use points to crow about Trump success is hypocritical Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted December 6, 2018 Share Posted December 6, 2018 3 minutes ago, Angry ginger said: returns are based on percentages not points. Obamas percentage returns were better than Trumps and as the 2018 gains are lost it becomes even more apparent. So Trumpers bitching that MC uses points when you and other use points to crow about Trump success is hypocritical I guess I missed where “Trumpers” were all bitching about Mainecat using points vs returns. I certainly wasn’t, I rarely pay attention to his endless TDS threads. Seems like a pretty silly argument. The Djia rose in Trumps first year-approx 18,000 to 26000+, over 44%, or 8000 points however you want to look at it. It went from approx 8000 in Obama’s first year to approximately 10,000 a year later, an increase of 25%, or 2000 points. Trump wins. This was still well off a previous pre recession high of 14,000 when Bush was still in office. Sure, it more than doubled in 8 years, but more than half of it was just getting back to a previous high, and it took 8 years to do it. Trumps not even 2 years in. Quote Link to comment Share on other sites More sharing options...
f7ben Posted December 6, 2018 Share Posted December 6, 2018 1 hour ago, 1jkw said: I hope the market stabilizes soon, likely it won't though. A major factor keeping the market up now is stock buybacks, expected to top 1 trillion dollars in 2018. Recovered nice eod there. Only down about .7% today overall 1 Quote Link to comment Share on other sites More sharing options...
1jkw Posted December 6, 2018 Share Posted December 6, 2018 9 minutes ago, DriftBusta said: I guess I missed where “Trumpers” were all bitching about Mainecat using points vs returns. I certainly wasn’t, I rarely pay attention to his endless TDS threads. Seems like a pretty silly argument. The Djia rose in Trumps first year-approx 18,000 to 26000+, over 44%, or 8000 points however you want to look at it. It went from approx 8000 in Obama’s first year to approximately 10,000 a year later, an increase of 25%, or 2000 points. Trump wins. This was still well off a previous pre recession high of 14,000 when Bush was still in office. Sure, it more than doubled in 8 years, but more than half of it was just getting back to a previous high, and it took 8 years to do it. Trumps not even 2 years in. The DOW was something like 19,800 when Obama left office. There is no doubt that cutting taxes and increasing deficit spending will stimulate the economy and the markets. But at what costs? 2017 was a record for emerging markets and the world market picked up greatly also. Quote Link to comment Share on other sites More sharing options...
1jkw Posted December 6, 2018 Share Posted December 6, 2018 4 minutes ago, f7ben said: Recovered nice eod there. Only down about .7% today overall If electronic trading was taken out of service the market would be more stable. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted December 6, 2018 Share Posted December 6, 2018 48 minutes ago, Angry ginger said: returns are based on percentages not points. Obamas percentage returns were better than Trumps and as the 2018 gains are lost it becomes even more apparent. So Trumpers bitching that MC uses points when you and other use points to crow about Trump success is hypocritical I never complained about the markets when Obama was POTUS, and sure as hell would not bail based on who is the current president. Not so sure others here can say the same. Plus most of Obama's gains were a gift horse in the mouth, it would not have mattered who was the current breathing president at the time he took things over, it was going up regardless. Quote Link to comment Share on other sites More sharing options...
f7ben Posted December 6, 2018 Share Posted December 6, 2018 6 minutes ago, 1jkw said: If electronic trading was taken out of service the market would be more stable. Absolutely Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted December 6, 2018 Share Posted December 6, 2018 7 minutes ago, 1jkw said: If electronic trading was taken out of service the market would be more stable. No, retail investors would be jumping ship all the same. Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted December 6, 2018 Share Posted December 6, 2018 There is no doubt Obama's gains we're easier coming off the bottom but he in fact outpaced trump Quote Link to comment Share on other sites More sharing options...
1jkw Posted December 6, 2018 Share Posted December 6, 2018 39 minutes ago, ArcticCrusher said: No, retail investors would be jumping ship all the same. The electronic trades are triggered by key words and other information that instantly trade without human thought, they also buy to drive up costs for other private buyers. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted December 7, 2018 Share Posted December 7, 2018 10 minutes ago, 1jkw said: The electronic trades are triggered by key words and other information that instantly trade without human thought, they also buy to drive up costs for other private buyers. So trades are authorized by key words now. Good grief. Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted December 7, 2018 Share Posted December 7, 2018 dow closed at 7949 obamas first day in office, closed at 19,804 his last. trump would need to push the dow to just shy of 50k over the next 6 years to match that. Quote Link to comment Share on other sites More sharing options...
Anler Posted December 7, 2018 Share Posted December 7, 2018 1 minute ago, Angry ginger said: dow closed at 7949 obamas first day in office, closed at 19,804 his last. trump would need to push the dow to just shy of 50k over the next 6 years to match that. Boom! Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted December 7, 2018 Share Posted December 7, 2018 Dow on 12/6/2010 closed at 11,382 a 43% return to that point- at todays close of 29947 a 31% return at the same point. Should the financial guy not be spouting true numbers not be like his hero trump in making boasts that can easily be disproven. Quote Link to comment Share on other sites More sharing options...
f7ben Posted December 7, 2018 Share Posted December 7, 2018 Just now, Angry ginger said: Dow on 12/6/2010 closed at 11,382 a 43% return to that point- at todays close of 29947 a 31% return at the same point. Should the financial guy not be spouting true numbers not be like his hero trump in making boasts that can easily be disproven. To be fair the market exploded after Trump was elected.... Quote Link to comment Share on other sites More sharing options...
Mainecat Posted December 7, 2018 Share Posted December 7, 2018 1 hour ago, f7ben said: Recovered nice eod there. Only down about .7% today overall You coulda made mor on a 12 month cd. Fuck that orange tang faced monkey. Fuckin Tarrif Man. Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted December 7, 2018 Share Posted December 7, 2018 1 minute ago, f7ben said: To be fair the market exploded after Trump was elected.... to be fair his trade wars tempered that initial enthusiasm. As i have said for a long time now if he wins this was he should be re-elected but it's a dangerous game he's playing with americas future Quote Link to comment Share on other sites More sharing options...
f7ben Posted December 7, 2018 Share Posted December 7, 2018 Just now, Angry ginger said: to be fair his trade wars tempered that initial enthusiasm. As i have said for a long time now if he wins this was he should be re-elected but it's a dangerous game he's playing with americas future Our future wasnt worth a shit unless this war was waged and won Quote Link to comment Share on other sites More sharing options...
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