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The Trump implosion thread!
Poll
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| | 13 votes (56.52%) | ||
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23 members have voted
| March 16th, 2020 at 6:57:17 AM permalink | |
| ams288 Member since: Apr 21, 2016 Threads: 29 Posts: 13466 | Flashback to Feb. 28th:  Might as well have invested all your money in Trump University... “A straight man will not go for kids.” - AZDuffman |
| March 16th, 2020 at 8:49:08 AM permalink | |
| Gandler Member since: Aug 15, 2019 Threads: 30 Posts: 5257 |
I mean he is not wrong, low markets are the time for buyers. It will rebound.... |
| March 16th, 2020 at 9:26:47 AM permalink | |
| terapined Member since: Aug 6, 2014 Threads: 76 Posts: 12501 | Donald Trump Nov 8 2013 "Leadership: Whatever happens, you're responsible. If it doesn't happen, you're responsible." Donald Trump now "“I don’t take responsibility at all" Sometimes we live no particular way but our own - Grateful Dead "Eyes of the World" |
| March 16th, 2020 at 9:56:29 AM permalink | |
| Dalex64 Member since: Mar 8, 2014 Threads: 3 Posts: 3687 |
On the day of that tweet, the DJIA closed at 25409 Right now, it is about 21,100 It did go up for a few days after that tweet, so it was a good time to buy then, but it has subsequently dropped further, making that not such a good time to buy. https://www.wsj.com/market-data/quotes/index/DJIA So, I think he was wrong. I don't think it has hit the bottom yet. "Everyone is entitled to his own opinion, but not to his own facts." Daniel Patrick Moynihan |
| March 17th, 2020 at 6:03:35 AM permalink | |
| RonC Member since: Nov 7, 2012 Threads: 9 Posts: 2582 | Since you asked loudly....Are you better off than you were four years ago? With the exception of virus no one predicted, yes I am. It is ignorant to put your signature in bold, large type just to try and make a political point in a crisis. Does that make the one doing it ignorant? Answer for yourself. |
| March 17th, 2020 at 6:21:50 AM permalink | |
| ams288 Member since: Apr 21, 2016 Threads: 29 Posts: 13466 |
Someone is triggered! “A straight man will not go for kids.” - AZDuffman |
| March 17th, 2020 at 6:23:22 AM permalink | |
| ams288 Member since: Apr 21, 2016 Threads: 29 Posts: 13466 |
Uh, he was absolutely wrong. If someone would have followed his advice and went "all in" on February 28th.... can you not see the problem there? “A straight man will not go for kids.” - AZDuffman |
| March 17th, 2020 at 8:48:35 AM permalink | |
| RonC Member since: Nov 7, 2012 Threads: 9 Posts: 2582 |
Not at all. I just think your signature was ignorant. I also believe that you have been rooting for a recession all along, but I could be wrong about that. Your signature made your online persona seem very Trump-like; something you say you don't like. Rooting for a recession in the face of this virus is repugnant. I go about my daily life, better off than I was four years ago. I am on here less in general than I was before (but a little more now with the work slowdown) and I don't miss it a bit when I am gone. Some people interact in good faith; some don't. You don't. The triggering seems more you than anyone else. It is just a buzzword that you like to use that means nothing on a board filled with attacks on each side all the time. Have a great day and I truly hope you, and everyone else here, is better off than they were four years ago...and will continue to be better off each year. Now, I am going to enjoy the day....Cheers! |
| March 17th, 2020 at 8:50:59 AM permalink | |
| RonC Member since: Nov 7, 2012 Threads: 9 Posts: 2582 |
Stocks are still a bargain at this point if picked correctly. Will they bargain be more or less of one another day? Most likely that will swing from day to day. |
| March 17th, 2020 at 9:10:57 AM permalink | |
| terapined Member since: Aug 6, 2014 Threads: 76 Posts: 12501 |
That's great for the top 1%. Are you part of that top 1% How about the millions of regular working Joes like me that have lost thousands in the last week The reality is not bargains, the reality is for most Americans, their IRA has shrunk I'm certainly not better off due to my business sector, business travel, has been decimated. Sometimes we live no particular way but our own - Grateful Dead "Eyes of the World" |