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Dow futures collapsing

Discussion in 'Too Hot for Swamp Gas' started by okeechobee, Aug 4, 2024.

  1. gatorchamps960608

    gatorchamps960608 GC Hall of Fame

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    It's exactly nonsense.
     
  2. vaxcardinal

    vaxcardinal GC Hall of Fame

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    I dont chase individual stocks anyways, I go for broad based investments like QQQ. What are the odds that would be down :)
     
  3. NavyGator93

    NavyGator93 GC Hall of Fame

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    The ignorance of maga knows no bounds. Dow hits 40,000 it is because of trump (what, the market celebrated another indictment?). Dow loses money, it's because of Harris.

    Again, despite the popular myth, the markets do better under Dems (at least in my investing lifetime). This was true even before that idiot trump came along.
     
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  4. murphree_hall

    murphree_hall VIP Member

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    Well, I didn’t say anything that contradicts this. Not sure why this response is directed towards me. I also follow that practice.
     
  5. NavyGator93

    NavyGator93 GC Hall of Fame

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    I was agreeing with you. Corrections happen, people should take advantage.
     
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  6. murphree_hall

    murphree_hall VIP Member

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    In that case... Mr. Chairman, I wish to strike the last word.
     
  7. g8trdoc

    g8trdoc Premium Member

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    I’ve had multiple conversations with my broker and others on how we handle switching to a bear market if God forbid Kamala is elected. Some of these folks have real money.
     
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  8. tilly

    tilly Superhero Mod. Fast witted. Bulletproof posts. Moderator VIP Member

    Celebrating perceived bad news for the economy to score points... Seems nice.

    Maybe some people can lose a life savings too or get a house repo'd too, then we party!
     
  9. NavyGator93

    NavyGator93 GC Hall of Fame

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    Did you have that same conversation when Biden was elected? What about Obama? If so, you and your "brokers" lost real money.
     
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  10. NavyGator93

    NavyGator93 GC Hall of Fame

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    Not your fault. I'm a navy guy, we don't know good words. :)
     
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  11. surfn1080

    surfn1080 Premium Member

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    It’s legit in who you elect has real consequences.

    Sorry you want to make this political that you can’t realize it.
     
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  12. rtgator

    rtgator Premium Member

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    Man, you want the economy to tank sooooo bad! Pathetic.

    For perspective, the stock market has been at or near an all-time high. Certainly, a sharp decline over a few days hurts, but most people's portfolios are still relatively high.

    Screenshot_20240805_144855_Chrome.jpg
     
  13. NavyGator93

    NavyGator93 GC Hall of Fame

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    Dow lost 2.6% today. 2.6%

    What was the largest single day drop under Trump? I would say at least 4 or 5 times worse.
     
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  14. rtgator

    rtgator Premium Member

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    . . . . Except Okee!!!
     
  15. NavyGator93

    NavyGator93 GC Hall of Fame

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  16. AgingGator

    AgingGator GC Hall of Fame

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    Wait, wait, and wait.

    NVIDIA is down over 25% and it’s still at a PE of 59. Let bubbles burst all the way before jumping in.
     
  17. AgingGator

    AgingGator GC Hall of Fame

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    It may be accurate, but incredibly misleading . 3/4s of those were during the early months of Covid.
     
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  18. AgingGator

    AgingGator GC Hall of Fame

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    Outstanding
     
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  19. murphree_hall

    murphree_hall VIP Member

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    Well, I’m Army and at least neither of us eat crayons like the Marines ;)
     
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  20. rtgator

    rtgator Premium Member

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    From Wikipedia . . . .

    I see 3 days with huge drops under Trump.

    - 7.7%
    - 9.9%
    - 12.9%

    Screenshot_20240805_202218_Chrome.jpg
     
    Last edited: Aug 5, 2024
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