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DOW dropped 500 pts today.....

B

bamaEER

Freshman
May 29, 2001
32,435
60
0
China has additional tariffs aimed at us and neither of us will budge anytime soon. Anyone think markets will magically stabilize on their own or is this going to be a long slow bleed?
 
W

WVUBRU

Freshman
Aug 7, 2001
24,731
62
0
I usually don't post on daily market threads but this is more than that. We can easily see a 10% or more off the highs set a week or so ago. For a short time investor, time to get out has passed. For most non-agricultural businesses and investors, after a time period and a trade deal in which these tariffs are removed, the public will be used to these higher prices and businesses will not reduce their prices. They never do. It is an opportunity to gouge consumers and is somewhat planned and understood by the scum that are pushing for these tariffs. So for long term investors, the market will rebound but there will be definite industries one will want to focus on over others. The situation is very fluid and many different paths could be taken.
 
T

TarHeelEer

Freshman
Dec 15, 2002
89,338
59
48
WVUBRU said:
I usually don't post on daily market threads but this is more than that. We can easily see a 10% or more off the highs set a week or so ago. For a short time investor, time to get out has passed. For most non-agricultural businesses and investors, after a time period and a trade deal in which these tariffs are removed, the public will be used to these higher prices and businesses will not reduce their prices. They never do. It is an opportunity to gouge consumers and is somewhat planned and understood by the scum that are pushing for these tariffs. So for long term investors, the market will rebound but there will be definite industries one will want to focus on over others. The situation is very fluid and many different paths could be taken.
Click to expand...

Bru agrees that Pelosi and Schumer are scum, news at 11.
 
7

79eer

Junior
Oct 4, 2008
8,544
394
83
bamaEER said:
China has additional tariffs aimed at us and neither of us will budge anytime soon. Anyone think markets will magically stabilize on their own or is this going to be a long slow bleed?
Click to expand...
There’s no magic involved. Buy equities (company stock) in well run corporations that are reasonably priced and you will make $$$$$ over the long term. If you are are concerned about the short term, see a fortune teller.
 
dave

dave

Senior
May 29, 2001
60,602
821
113
bamaEER said:
China has additional tariffs aimed at us and neither of us will budge anytime soon. Anyone think markets will magically stabilize on their own or is this going to be a long slow bleed?
Click to expand...
Id bet they will stabilize and gain back the losses as usual.
 
W

WVUCOOPER

Redshirt
Dec 10, 2002
55,556
40
31
dave said:
When has Apple been reasonably priced?
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Even 5 years ago it could be had for $85. Quite frankly? I still think its reasonably priced. Probably going to dip down a little longer, but will explode once this insane trade war ends. Just a matter of timing. I'll holla when I pull the trigger.
 
dave

dave

Senior
May 29, 2001
60,602
821
113
WVUCOOPER said:
Even 5 years ago it could be had for $85. Quite frankly? I still think its reasonably priced. Probably going to dip down a little longer, but will explode once this insane trade war ends. Just a matter of timing. I'll holla when I pull the trigger.
Click to expand...
Its priced for funds. If you want buy it that is fine but I dont see apple as a cutting edge company any more.
 
W

WVUCOOPER

Redshirt
Dec 10, 2002
55,556
40
31
79eer said:
You knuckle head, no
one said to sell today. Buy apple after the close & there is a good chance you will make $$$ in a year or less. I’ll save your post concerning apple’s price today
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I might wait til Friday. Then again, that's probs why I'm not banging supermodels.
 
bornaneer

bornaneer

All-Conference
Jan 23, 2014
30,951
1,668
113
Been on the phone with my financial guy......great opportunity to make a little money.
 
atlkvb

atlkvb

All-American
Jul 9, 2004
82,758
6,357
113
79eer said:
You knuckle head, no
one said to sell today. Buy apple after the close & there is a good chance you will make $$$ in a year or less. I’ll save your post concerning apple’s price today
Click to expand...

You're talking to the wrong person 79eer about stocks and investments. That poster doesn't have any investments or property, or asset gains, or losses or even a stock portfolio on a 250K income! :scream:

How do I know this? Because the poster you responded to said they filed a 250K return this year with ZERO itemized deductions! No schedule A, no schedule B, no schedule C, no schedule D, no schedule E, no schedule SE, no schedule C/EZ, no schedule 3....zippo...no investment income, no losses, no dividends, not even a penny in deductions to charity! Nada!!!!!!

A cheapskate as well as a financial neophyte. Don't waste your time talking stocks with that poster, it's like discussing quantum physics with a 2 year old.
 
W

WVU82_rivals

Senior
May 29, 2001
199,091
694
0
finally, a President with the fortitude to stand up for the people...

and not take bribes from the globalists...

unlike the last five presidents...

 
atlkvb

atlkvb

All-American
Jul 9, 2004
82,758
6,357
113
bornaneer said:
Been on the phone with my financial guy......great opportunity to make a little money.
Click to expand...

I'm going back in tomorrow looking for bargains. Lots of 'em out there too! Durable goods, transportation/logistics, agriculture (particularly corn, wheat, & soybeans) energy, technologies (so many bargains in tech stocks) and real estate. Scoop up those bargains...next run up on the leading indexes will be HUGE......$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$[thumbsup]
 
dave

dave

Senior
May 29, 2001
60,602
821
113
Dow up 351 as of 2:22 today.

Hope everyone bought low yesterday while board libs were shitting their panties.
 
C

countryroads89_rivals

Sophomore
Sep 6, 2013
27,594
120
0
Stocks suffer biggest one-day loss since Jan. 3 as U.S.-China tariff fight escalates

Dow ends the day down 618 points after dramatic day of losses

All of this self-inflicted and unnecessary.

#winning
 
T

tjebarr

Senior
Feb 3, 2007
25,122
917
0
countryroads89 said:
Stocks suffer biggest one-day loss since Jan. 3 as U.S.-China tariff fight escalates

Dow ends the day down 618 points after dramatic day of losses

All of this self-inflicted and unnecessary.

#winning
Click to expand...

just about everything Trump does is self inflicted
 
dave

dave

Senior
May 29, 2001
60,602
821
113
countryroads89 said:
Still 479 points lower than it was a week ago. You're rolling in the earnings. I can't believe you walked right into that one. Damn!
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So you are suggesting the market has fluctuated? Now imagine if you had bought yesterday and gained 355 points till today. You would appear smart.

Appear being the key word.
 
dave

dave

Senior
May 29, 2001
60,602
821
113
countryroads89 said:
Stocks suffer biggest one-day loss since Jan. 3 as U.S.-China tariff fight escalates

Dow ends the day down 618 points after dramatic day of losses

All of this self-inflicted and unnecessary.

#winning
Click to expand...
Interesting take.
 
DvlDog4WVU

DvlDog4WVU

All-Conference
Feb 2, 2008
47,255
3,329
113
dave said:
So you are suggesting the market has fluctuated? Now imagine if you had bought yesterday and gained 355 points till today. You would appear smart.

Appear being the key word.
Click to expand...
He would really need to overcome a lot for even a hint at the appearance
 
dave

dave

Senior
May 29, 2001
60,602
821
113
DvlDog4WVU said:
He would really need to overcome a lot for even a hint at the appearance
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He should strive harder for appearences. It is going to require something he is incapable of performing, shutting the *** up.
 
7

79eer

Junior
Oct 4, 2008
8,544
394
83
countryroads89 said:
Stocks suffer biggest one-day loss since Jan. 3 as U.S.-China tariff fight escalates

Dow ends the day down 618 points after dramatic day of losses

All of this self-inflicted and unnecessary.

#winning
Click to expand...
Comedy act with a big shovel continues unabated, Average Investor (emphasis on average) up 10 % for year.
S&P 12% year to date
Dow. 8% year to date
 
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