News Dow bouncing around -1000

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[DHT]Osiris

Lifer
Dec 15, 2015
15,270
13,571
146
so, there's that. wonder why the chuds keep voting for failure, again and again and again? is their hate for the others simply that strong? do they actually hate themselves more? They keep doing it to themselves.
Because the ones doing it to them keep telling them someone else is doing it to them, and that they are the savior.
 

Bitek

Lifer
Aug 2, 2001
10,676
5,238
136
I'm just saying that using 20-23k as the get in point would a safe bet based on the dows historical trends.

If one were conservative, cautious and sitting on a large cash horde they needed something to do with, they could just try slowly buying in at a pace rather than trying to time the "perfect buy."

Spread some risk, and it's pretty safe over a long enough time span. Better than watching it go down then back up and be pissed you missed it
 

Bitek

Lifer
Aug 2, 2001
10,676
5,238
136
I changed my mind, I think the bottom might be 16-18k now. I don’t think it will go any lower because trump will be voted out of office by then.

I would enjoy seeing the news he's net negative for his term in office as he's campaigning for re-election.
 

Bitek

Lifer
Aug 2, 2001
10,676
5,238
136
That’s about 19600.

Yep, and I'm going to reserve the right to change my prediction downward based on Trump's stupidity.

Holy crap, this Europe travel ban. WTF. Virus is already here but does he know it's not just people that ride in planes? So does lots of cargo beneath their feet.

There goes the supply chain. Tomorrow is going to suck
 

Vic

Elite Member
Jun 12, 2001
50,422
14,336
136
to be fair, no population experiences logarithmic growth, unsustainable anyway. That is how populations die.

however, I thin glenn and other conservatives enjoy this part of pandemic because they know that the short and sweet part of it means that the poors and unwashed die; extra benefit means our taxes go to prop up the oil industry, because that is also smart.

this is literally what they say. every fucking day. the ghouls.
Just devils advocate here, but as immoral and unethical as that is, it is good evolutionary strategy.
 

IronWing

No Lifer
Jul 20, 2001
70,196
28,890
136
NBA season suspended. Lots of people in hospitality sector going to lose work.
My wife works at an ecolodge. Today was cancellation after cancellation. Once there, it’s a really good place to wait out a pandemic but people who have to fly aren’t.
 

uclaLabrat

Diamond Member
Aug 2, 2007
5,583
2,942
136
Timing the bottom is a lot easier to do on the backside of the inflection point. Just saying.
 

vi edit

Elite Member
Super Moderator
Oct 28, 1999
62,483
8,344
126
Futures down 1100. Tomorrow is looking to be another bloodbath.
 

fleshconsumed

Diamond Member
Feb 21, 2002
6,485
2,363
136
DJI below 21,900 just 10% above when Trump took office. Just a bit more and all gains under his presidency will be wiped out...

Winning?
 
Jan 25, 2011
16,694
8,897
146
I almost feel like I could right now walk over to my bosses desk, take a dump on it, walk back to my trade station and they still wouldn't be able to touch me... At least for a few weeks...
 
Reactions: cytg111

zinfamous

No Lifer
Jul 12, 2006
111,131
30,082
146
If one were conservative, cautious and sitting on a large cash horde they needed something to do with, they could just try slowly buying in at a pace rather than trying to time the "perfect buy."

Spread some risk, and it's pretty safe over a long enough time span. Better than watching it go down then back up and be pissed you missed it

exactly. If you already have a giant pile of cash just waiting in the wings, any amount that you buy now is already a win vs buying last week, the week before, the month before, last year, etc.
 
Reactions: Brainonska511
Dec 10, 2005
25,042
8,320
136
exactly. If you already have a giant pile of cash just waiting in the wings, any amount that you buy now is already a win vs buying last week, the week before, the month before, last year, etc.
Yep, just slowly siphon money in now, especially if you're in it for the long haul
 

UNCjigga

Lifer
Dec 12, 2000
24,933
9,220
136
DJI below 21,900 just 10% above when Trump took office. Just a bit more and all gains under his presidency will be wiped out...

Winning?

Trading halted, but 2,124 points left to go before we rewind the DJI back to January 20, 2017. I pray it doesn’t happen because I can’t imagine the meltdown (stroke?) our fearless leader would have.
 

cytg111

Lifer
Mar 17, 2008
23,988
13,511
136
I changed my mind, I think the bottom might be 16-18k now. I don’t think it will go any lower because trump will be voted out of office by then.

I predicted 16K a short while ago .... now I am thinking that may be too high! 14k?
 
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