DOW at 24,600--what the fuck is going on? | |
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CoolMamba
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CoolMamba
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Stelmos
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Anonymous Coward User ID: 16762662 United States 04/29/2020 05:52 PM Report Abusive Post Report Copyright Violation | Those that didn't purchase a home will be kicking themselves for not doing so. Once things fully open, majority will be on a spending frenzy to get stuff and complete projects until fall hits. Quoting: Anonymous Coward 13595148 First I have to figure out where to go, not easy since this house was supposed to be the end game. The market will hit new historic highs, then be a permanent roller coater of up and down for years. Its not the old market. Housing will be about location as always. I'll sell very high here, then likely buy low, a rural home with land just as an investment. |
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TheElephantInTheRoom User ID: 78352688 United States 04/29/2020 05:57 PM Report Abusive Post Report Copyright Violation | We do not need Tariffs. We need full Embargo for all goods, services, and travel from China. For the rest of the next 4 years. Until an agreement is signed repaying all western nations for damages they incurred to our economies. Until such time all properties outside of their own will be seized and assets will be made collateral until China agrees to recompensate the entire world. |
Anonymous Coward User ID: 77979716 Iceland 04/29/2020 05:57 PM Report Abusive Post Report Copyright Violation | Those that didn't purchase a home will be kicking themselves for not doing so. Once things fully open, majority will be on a spending frenzy to get stuff and complete projects until fall hits. Quoting: Anonymous Coward 13595148 Or it wont. Could go either way at this point. Its more likely not to go the way you say. |
Anonymous Coward User ID: 77979716 Iceland 04/29/2020 05:59 PM Report Abusive Post Report Copyright Violation | Everyone knows it should be at least 30k with it approaching 40k; however, the democrat governors and the lame stream media still have the markets spooked over the covid hoax. Nope, everybody with half a brain knows it should be around 15K and its a huge god damn bubble propped up by Quantitative Easing and Helicopter money. |
Anonymous Coward User ID: 78843481 Canada 04/29/2020 06:00 PM Report Abusive Post Report Copyright Violation | Agreed, I think come June, the market will be back to where it left off (prior to corona virus) then it will rise, rise, rise for the rest of the year. I think the market will hit 32,000 by November or December and then I anticipate another sharp correction... 40k before continuing on to 100k after 4 more years of Trump Making America Great Again. |
Xeven
User ID: 75948321 United States 04/29/2020 06:01 PM Report Abusive Post Report Copyright Violation | If you're so f'in smart, why aren't you making any money off of it? DOW represents the future. I reserve the right to declare my comments and posts as satire. Nothing I post should be considered or interpreted as advocacy for illegal activity. My comments are designed to inspire critical political thinking. I only mean half of what I say and only say half of what I mean. |
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Anonymous Coward User ID: 78843481 Canada 04/29/2020 06:05 PM Report Abusive Post Report Copyright Violation | Agreed, I think come June, the market will be back to where it left off (prior to corona virus) then it will rise, rise, rise for the rest of the year. I think the market will hit 32,000 by November or December and then I anticipate another sharp correction... 40k before continuing on to 100k after 4 more years of Trump Making America Great Again. |
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Anonymous Coward User ID: 78101820 04/29/2020 06:07 PM Report Abusive Post Report Copyright Violation | This sure as hell isnt winning. What you're seeing is the preface of huge inflation. Possibly along the lines of Venezuela. The fed is buying up all the stocks, propping up the market. Even though all investors are saying we're in a depression period. Don't believe the hype. As soon as the economy opens, it will sink like a lead balloon, taking 401ks with it. |
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Duncan the destroyer
User ID: 78668912 United States 04/29/2020 06:08 PM Report Abusive Post Report Copyright Violation | Those that didn't purchase a home will be kicking themselves for not doing so. Once things fully open, majority will be on a spending frenzy to get stuff and complete projects until fall hits. Quoting: Anonymous Coward 13595148 Honestly what planet do you guys live on? What is this spending frenzy bullshit? nothing is going to fully open for quite some time if ever. The day the Fed stops dumping ridiculous amounts of money in the market is he day this shit show is over,the Fed can't keep this up forever,we are all living on borrowed time,better use it wisely trying to lessen your debt not be a jackass and spend money you don't have. Last Edited by Duncan the destroyer on 04/29/2020 06:09 PM Duncan the destroyer |
Island Style
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Anonymous Coward User ID: 78777628 United States 04/29/2020 06:11 PM Report Abusive Post Report Copyright Violation | The Fed is buying all the stock. And there are not too many places to stash money since commodities are dropping and we have 0% interest rates. So its going to the market. Quoting: Anonymous Coward 78004548 The fed is NOT buying up the stock. Maybe you had a memory relapse, that’s Obama’s game! stack raving weirdo The fed is buying everything including sticks. absolutely! what is wrong with some of these people? |