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Joined: Jan 2010
Posts: 23,590 Likes: 3
Campfire Ranger
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Campfire Ranger
Joined: Jan 2010
Posts: 23,590 Likes: 3 |
At the moment I'm optimistic that this will be over by late May and building back up.
I would think that it would give Trump time to rebound and go into the November elections still able to tout not only a strong economy but the leadership to handle whatever is thrown at him the next 4 years.
have you paid your dues, can you moan the blues, can you bend them guitar strings
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Joined: Jan 2007
Posts: 20,832 Likes: 3
Campfire Ranger
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Campfire Ranger
Joined: Jan 2007
Posts: 20,832 Likes: 3 |
Wall street in not your Granddad's wall street. Now it is all controlled by the big investment houses, who buy and sell on logarithmic choices and not on if a company is profitable and sound. One jumps and then others move in the same direction. Result is they all make the same decision, for fear of being on the wrong side. And then the heads tell you "investors" are fleeing the market. The computers are fleeing, not the investors.
And at the end of the year, the 'house" gets their bonus. The market today is a three shell pea game.
laissez les bons temps rouler
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Joined: Dec 2014
Posts: 9,182 Likes: 10
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2014
Posts: 9,182 Likes: 10 |
What battue said, if you believe computers can do trading? Why doesn't your cruise control work in hilly country?
Well this is a fine pickle we're in, should'a listened to Joe McCarthy and George Orwell I guess.
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Joined: Jan 2009
Posts: 23,319
Campfire Ranger
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Campfire Ranger
Joined: Jan 2009
Posts: 23,319 |
Oh ye of little faith in the American Free Enterprise System
"All that the South has ever desired was that the Union, as established by our forefathers, should be preserved, and that the government, as originally organized, should be administered in purity and truth." – Robert E. Lee
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Joined: Nov 2015
Posts: 19,282 Likes: 3
Campfire Ranger
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Campfire Ranger
Joined: Nov 2015
Posts: 19,282 Likes: 3 |
I'm not sure that anybody knows what's going to happen. It's just a wait and see game. We've got a lot of money in the market, and my philosophy has always been to ride it out. Normally, I don't lose any sleep over it because it's always bounced back. But, for some strange reason, this time feels different.
However, I'm going to leave my money right where it is for the time being.
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Joined: Jan 2007
Posts: 20,832 Likes: 3
Campfire Ranger
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Campfire Ranger
Joined: Jan 2007
Posts: 20,832 Likes: 3 |
If you have the benefit of time, yes leave it.
If you a buy a $1000 Treasury bond at 3% then you get paid $30. per year for your investment. Good chance inflation over the long haul will diminish that return to insignificance. Low interest rates have ruined individual saving for the last couple decades.
It is still a shell game, but essentially the only game.
laissez les bons temps rouler
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Joined: Sep 2003
Posts: 23,579 Likes: 23
Campfire Ranger
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Campfire Ranger
Joined: Sep 2003
Posts: 23,579 Likes: 23 |
My guess is the 15 minute pause is the for the computers.
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Joined: Jan 2001
Posts: 11,082 Likes: 9
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2001
Posts: 11,082 Likes: 9 |
I’m heavily invested in precious metals.....about 1200 pounds of wheel-weights!  memtb
You should not use a rifle that will kill an animal when everything goes right; you should use one that will do the job when everything goes wrong." -Bob Hagel
“I’d like to be a good rifleman…..but, I prefer to be a good hunter”! memtb 2024
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Joined: Jan 2007
Posts: 20,832 Likes: 3
Campfire Ranger
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Campfire Ranger
Joined: Jan 2007
Posts: 20,832 Likes: 3 |
My guess is the 15 minute pause is the for the computers. No, the computers make their decisions in milliseconds. They don't think, they just spit out decisions based on what they are fed. Make that based on logarithmic probability input. The pause is for one reason only. Slow down the slide.... Addition: As long as a couple houses keep dumping, the rest are going over the cliff....
Last edited by battue; 03/09/20.
laissez les bons temps rouler
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Joined: May 2001
Posts: 18,354 Likes: 2
Campfire Ranger
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Campfire Ranger
Joined: May 2001
Posts: 18,354 Likes: 2 |
My guess is the 15 minute pause is the for the computers. Ding!
Carpe' Scrotum
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Joined: Oct 2012
Posts: 7,647 Likes: 3
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Oct 2012
Posts: 7,647 Likes: 3 |
I moved a lot into cash about 6 weeks ago, I told my partner in some land dealing to do the same. He didn't listen, he's greedy like that.
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Joined: Jan 2007
Posts: 20,832 Likes: 3
Campfire Ranger
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Campfire Ranger
Joined: Jan 2007
Posts: 20,832 Likes: 3 |
And then if their benchmark goes down 15% and they only 12%. Hey look we beat the market!!!
Bonus time!!!!
laissez les bons temps rouler
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Joined: Jan 2005
Posts: 57,494
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2005
Posts: 57,494 |
I moved a lot into cash about 6 weeks ago, I told my partner in some land dealing to do the same. He didn't listen, he's greedy like that. well you are one of the few, on the move, that actually gained or lost... most just blab but have never gained or lost because they have never cashed in.
We can keep Larry Root and all his idiotic blabber and user names on here, but we can't get Ralph back..... Whiskey Tango Foxtrot, over....
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Joined: May 2004
Posts: 56,270 Likes: 37
Campfire Kahuna
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Campfire Kahuna
Joined: May 2004
Posts: 56,270 Likes: 37 |
Down over 2,000 at the moment.
Bear
I am..........disturbed.
Concerning the difference between man and the jackass: some observers hold that there isn't any. But this wrongs the jackass. -Twain
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Joined: Feb 2002
Posts: 18,668 Likes: 1
Campfire Ranger
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Campfire Ranger
Joined: Feb 2002
Posts: 18,668 Likes: 1 |
rush says it's all about the oil
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Joined: Apr 2010
Posts: 14,766 Likes: 5
Campfire Outfitter
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Campfire Outfitter
Joined: Apr 2010
Posts: 14,766 Likes: 5 |
But just think....99cent gas, Mary Jane Rottenkrotch prices from high school days You mean it's going to 19 cents??
Even birds know not to land downwind!
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Joined: Dec 2013
Posts: 44,872 Likes: 38
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2013
Posts: 44,872 Likes: 38 |
Could be much worse that the last one on 2007... can't cut interest, can't hand out bailouts, can't lower taxes... That all has already been done just to prop up Trumps artificial economy.
This one is going to be painful.
Phil You never learn. The FED has many options and this is no subprime meltdown. Old_Toot, it's funny how many grass piles this turd rolls out of.
Slaves get what they need. Free men get what they want. Rehabilitation is way overrated. Orwell wasn't wrong. GOA member disappointed NRA member 24HCF SEARCH
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Joined: Jan 2012
Posts: 26,719 Likes: 13
Campfire Ranger
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Campfire Ranger
Joined: Jan 2012
Posts: 26,719 Likes: 13 |
Could be much worse that the last one on 2007... can't cut interest, can't hand out bailouts, can't lower taxes... That all has already been done just to prop up Trumps artificial economy.
This one is going to be painful.
Phil You never learn. The FED has many options and this is no subprime meltdown. Old_Toot, it's funny how many grass piles this turd rolls out of. Didn't Barry-O just come out of the woodwork to tell all that this is his economy?
FJB & FJT
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Joined: Oct 2012
Posts: 7,647 Likes: 3
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Oct 2012
Posts: 7,647 Likes: 3 |
Could be much worse that the last one on 2007... can't cut interest, can't hand out bailouts, can't lower taxes... That all has already been done just to prop up Trumps artificial economy.
This one is going to be painful.
Phil You never learn. The FED has many options and this is no subprime meltdown. Old_Toot, it's funny how many grass piles this turd rolls out of. Didn't Barry-O just come out of the woodwork to tell all that this is his economy? Yea, but the fuqked up part will be Trump's.
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Joined: Feb 2009
Posts: 11,926
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2009
Posts: 11,926 |
Guess i picked a bad time to quit sniffing glue.  The most impact on the market today is the Saudi and Russia oil volume/price war. It will go back up by the end of the month and shortly after that it should be back to the level it was. One person can be rational but a crowd is insane. Always reminded me of lemmings.
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