REAL WORLD EVENT DISCUSSIONS

Dow @ 20K. Time to jump off!

POSTED BY: JO753
UPDATED: Thursday, May 14, 2020 12:54
SHORT URL:
VIEWED: 37490
PAGE 21 of 23

Wednesday, March 4, 2020 6:49 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly


1) US Treasury yields drop to the lowest level in 150 years

Thanks to Trump bullying the Federal Reserve, interest rates are in new territory.

Ten-year US Treasury yields — the benchmark for global financing — got a shove below 1% after the Federal Reserve made an emergency cut to its target rate yesterday. It’s the lowest rate ever, according to records going back to 1871.

What do these low interest rates mean? They indicate that investors are worried that economic growth will stumble, which is why they are buying risk-free government bonds instead of things like stocks.

It may also result in more corporate acquisitions, as executives take advantage of cheap financing to buy competitors, said Alberto Gallo, a portfolio manager at Algebris Investments. “It was a policy mistake,” Gallo said on the Fed’s decision. “Everyone on the investor side is pretty in line with this view.”
https://qz.com/1812588/treasury-yields-drop-to-the-lowest-level-in-150
-years
/

2) But Trump is NOT stopping. He wants MORE interest rate cuts:

Donald J. Trump @realDonaldTrump
The Federal Reserve is cutting but must further ease and, most importantly, come into line with other countries/competitors. We are not playing on a level field. Not fair to USA. It is finally time for the Federal Reserve to LEAD. More easing and cutting!
9:51 AM · Mar 3, 2020·Twitter for iPhone
https://twitter.com/realDonaldTrump/status/1234869067892305923

3) Trump is prescribing the Wrong medicine for a supply shock

There is the longstanding question of how effective monetary stimulus, and even some forms of fiscal stimulus, can be in the face of what is likely to be a “supply shock” — the type of economic hit caused by the absence of goods and services as the virus forces factory shutdowns and curtails transportation and travel. Monetary and fiscal stimulus is typically aimed at mitigating demand shocks, which are sharp cutbacks in spending by households, businesses or governments. A supply shock to the economy isn’t helped by lower interest rates right now.

Investors will likely remain at the mercy of headlines surrounding the spread of COVID-19 in coming weeks and months.

www.marketwatch.com/story/why-the-stock-market-isnt-cheering-the-feds-
surprise-interest-rate-cut-2020-03-03


The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Wednesday, March 4, 2020 4:45 PM

THG


Dow closes nearly 1,200 points higher as Biden Super Tuesday victories boost health care stocks

T

Deep state describes dedicated, educated professionals.

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Wednesday, March 4, 2020 6:00 PM

JEWELSTAITEFAN


1010, 44th
Dow Closed Tuesday at 25,917. This is 12.3% off the Record All-Time High.
Guess that Gift Horse buying opportunity came around again.

Dow claosed today at 27,090. That is 8.3% off the Record All-Time High.

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Thursday, March 5, 2020 8:08 PM

JEWELSTAITEFAN


Quote:

Originally posted by JEWELSTAITEFAN:
1010, 44th
Dow Closed Tuesday at 25,917. This is 12.3% off the Record All-Time High.
Guess that Gift Horse buying opportunity came around again.

Dow claosed today at 27,090. That is 8.3% off the Record All-Time High.

Dow closed today at 26,121. This is 11.6% off the Record All-Time High. Round 3 of the Gift Horse buying opportunity, but each round is less of a dip.

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Friday, March 6, 2020 12:27 AM

6IXSTRINGJACK

[/i]


We're all seriously fucked.

DOW is at insane levels and the quality of life in America is nowhere near where it was in the late 90's and early 2000's when the DOW was half of what it is today.

The next crash is going to cripple us.

Do Right, Be Right. :)

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Sunday, March 8, 2020 4:52 PM

JEWELSTAITEFAN


Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by JEWELSTAITEFAN:
1010, 44th
Dow Closed Tuesday at 25,917. This is 12.3% off the Record All-Time High.
Guess that Gift Horse buying opportunity came around again.

Dow claosed today at 27,090. That is 8.3% off the Record All-Time High.

Dow closed today at 26,121. This is 11.6% off the Record All-Time High. Round 3 of the Gift Horse buying opportunity, but each round is less of a dip.

Dow closed Friday at 25,864. This is 12.5% off the Record All-Time High. till not as good as that 14% drop.

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Monday, March 9, 2020 10:48 AM

JO753

rezident owtsidr


RU RO!
https://www.npr.org/2020/03/09/813619387/dow-dives-1-900-points-nyse-h
alts-trading-as-stock-indexes-plummet


The upside: Cheap gas!

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com .

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Monday, March 9, 2020 11:04 AM

THG


Quote:

Originally posted by JO753:
RU RO!

https://www.npr.org/2020/03/09/813619387/dow-dives-1-900-points-nyse-h
alts-trading-as-stock-indexes-plummet


The upside: Cheap gas!




All those four O 1's wiped out. All the market gains under Trump gone. Why, because the moron just can't be truthful and adept. Yep, he's doing a great job all right.

T


Deep state describes dedicated, educated professionals.

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Monday, March 9, 2020 11:17 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly


In the last hour Trump wants you to know that coronavirus is not a big deal and the stock market crash (down 1,492.35 today) is not his fault. See the tweets!

Donald J. Trump @realDonaldTrump
So last year 37,000 Americans died from the common Flu. It averages between 27,000 and 70,000 per year. Nothing is shut down, life & the economy go on. At this moment there are 546 confirmed cases of CoronaVirus, with 22 deaths. Think about that!
9:47 AM · Mar 9, 2020
https://twitter.com/realDonaldTrump/status/1237027356314869761

Donald J. Trump @realDonaldTrump
Saudi Arabia and Russia are arguing over the price and flow of oil. That, and the Fake News, is the reason for the market drop!
9:36 AM · Mar 9, 2020·Twitter for iPhone
https://twitter.com/realDonaldTrump/status/1237024551294382081

Donald J. Trump @realDonaldTrump
Good for the consumer, gasoline prices coming down!
9:36 AM · Mar 9, 2020·Twitter for iPhone
https://twitter.com/realDonaldTrump/status/1237024549046288385

Trump has earlier tweets from today about how it is all Obama's and, especially, Biden's fault.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Monday, March 9, 2020 11:28 AM

6IXSTRINGJACK

[/i]


Quote:

Originally posted by THG:
Quote:

Originally posted by JO753:
RU RO!

https://www.npr.org/2020/03/09/813619387/dow-dives-1-900-points-nyse-h
alts-trading-as-stock-indexes-plummet


The upside: Cheap gas!




All those four O 1's wiped out. All the market gains under Trump gone. Why, because the moron just can't be truthful and adept. Yep, he's doing a great job all right.

T


Deep state describes dedicated, educated professionals.




Did you bother reading the thread title and the title date before making this post, dummy?

I know subtraction is really, really hard.



I'm also curious what you think adept means. Seems an odd way to use it.

Do Right, Be Right. :)

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Monday, March 9, 2020 8:40 PM

JEWELSTAITEFAN


Dow closed today at 23,851. This is 19.3% off the Record All-Time High.

Perhaps this is a good time to buy before the rebound. Then sell on the rebound, and wait until it bottoms out before buying in big.


This is the first big test of the market timing model since Obamanomics. Obamanomics broke the model during it's 8 year strangulation, and now we might find out if it is permanently broken even after Obamanomics.

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Monday, March 9, 2020 8:42 PM

JEWELSTAITEFAN


Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by THG:
Quote:

Originally posted by JO753:
RU RO!

https://www.npr.org/2020/03/09/813619387/dow-dives-1-900-points-nyse-h
alts-trading-as-stock-indexes-plummet


The upside: Cheap gas!

All those four O 1's wiped out. All the market gains under Trump gone. Why, because the moron just can't be truthful and adept. Yep, he's doing a great job all right.

T

Deep state describes dedicated, educated professionals.

Did you bother reading the thread title and the title date before making this post, dummy?

I know subtraction is really, really hard.


I'm also curious what you think adept means. Seems an odd way to use it.

Do Right, Be Right. :)

Are you able to translate whatever he posted? Like into American English perhaps?

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Tuesday, March 10, 2020 7:42 PM

JEWELSTAITEFAN


Dow closed today at 25,018. This is 15.3% off the Record All-Time High.

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Thursday, March 12, 2020 4:33 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly


Quote:

Originally posted by JEWELSTAITEFAN:
Dow closed today at 25,018. This is 15.3% off the Record All-Time High.

Dow closed today at 21,200. This is 28.3% off the Record All-Time High 29,551 set on Feb. 12, 2020.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Thursday, March 12, 2020 5:53 PM

JEWELSTAITEFAN


Dow closed Wednesday at 23,553. This is 20.3% off the Record Al-Time high.

Yes, WHO declared a pandemic of coronavirus - torpedoing the pandemic bonds.

Dow closed today at 21,200. This is 28.3% off the Record All-Time High.

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Thursday, March 12, 2020 7:56 PM

6IXSTRINGJACK

[/i]


Cool.

Do Right, Be Right. :)

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Thursday, March 12, 2020 8:14 PM

6IXSTRINGJACK

[/i]


Anybody who thinks they're awesome at playing the market want to be truthful with the rest of us and let us all know how they didn't see this coming and they're losing their asses?

Do Right, Be Right. :)

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Thursday, March 12, 2020 8:19 PM

JEWELSTAITEFAN


Quote:

Originally posted by 6IXSTRINGJACK:
Anybody who thinks they're awesome at playing the market want to be truthful with the rest of us and let us all know how they didn't see this coming and they're losing their asses?

Do Right, Be Right. :)

If the market does not quickly and briefly bounce back above 15%, then this 1-day rebound would be the shortest in history. In 2001 it was months, in 2008 it was weeks at least.

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Friday, March 13, 2020 6:16 AM

THG


Quote:

Originally posted by JO753:
Time for a bust, so if youv got alot in a 401k and stock in anything that generally followz the Dow number, time to cash out.

It's artificially hi and the walez know that Trump iz going to be like Bush on steroidz. The minit wun uv them starts selling, the little guyz will follow and then its a rase for the life boats.

My fee for this advise iz 10%, az usual. Uze Paypal, its fast & eazy.


T

Deep state describes dedicated, educated professionals.


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Friday, March 13, 2020 8:27 AM

6IXSTRINGJACK

[/i]


Quote:

Originally posted by THG:
Quote:

Originally posted by JO753:
Time for a bust, so if youv got alot in a 401k and stock in anything that generally followz the Dow number, time to cash out.

It's artificially hi and the walez know that Trump iz going to be like Bush on steroidz. The minit wun uv them starts selling, the little guyz will follow and then its a rase for the life boats.

My fee for this advise iz 10%, az usual. Uze Paypal, its fast & eazy.


T

Deep state describes dedicated, educated professionals.




Look at T celebrating.

The Democrats can't put up a reasonable and worthwhile candidate. They have no message the American people are buying into. Their Russiagate hoax and fake impeachment backfired spectacularly.

So now they're hoping and praying that a virus is deadly and the world starts to unravel and enough people blame Trump for it.


lol

Sad.

Do Right, Be Right. :)

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Friday, March 13, 2020 7:24 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly


Stock market’s declines signal a defeat for Trump in November

Our study examined every presidential reelection bid going back to George Washington’s run for a second term in 1792. Regardless of whether we studied elections from the 18th, 19th, 20th or 21st centuries, the stock market remained a reliable, powerful and significant indicator of presidents’ fates at the ballot box.

What about Trump’s election win in 2016? We found that in elections that feature no incumbent candidate, such as the one in 2016, there is no reliable historical relationship between the stock market and the performance of the incumbent party’s candidate. The same result held when we used GDP, inflation and unemployment as re-election indicators.

As we explained in the paper, “When no candidate in a presidential election is the recognized leader whom voters have unconsciously credited or blamed for their mood, they appear to base their voting decisions substantially on other factors.”

More at www.marketwatch.com/story/stock-market-rout-signals-defeat-for-trump-i
n-november-2020-03-13


The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Saturday, March 14, 2020 4:07 AM

JO753

rezident owtsidr


Iz Putin rich and influential enuf to create a fake rally in October? He coud hav Trump do sumthing to make it look like Trump dezervs credit for it.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com .

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Saturday, March 14, 2020 7:10 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly


Quote:

Originally posted by JO753:
Iz Putin rich and influential enuf to create a fake rally in October? He coud hav Trump do sumthing to make it look like Trump dezervs credit for it.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com .

Fox News thinks Putin is rich enough: $200 billion with a B. If Putin also can command the Russian treasury, it can be trillions and trillions of dollars.
www.foxbusiness.com/features/what-is-russian-president-vladimir-putins
-net-worth


The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Saturday, March 14, 2020 8:09 AM

6IXSTRINGJACK

[/i]


I wouldn't celebrate so early buddy.

People are in panic mode, and there seem to be some drastic ups and downs.

Tom Hanks got Coronavirus and the market gained 2,000 points.

Do Right, Be Right. :)

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Saturday, March 14, 2020 9:02 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly


Quote:

Originally posted by 6IXSTRINGJACK:
I wouldn't celebrate so early buddy.

People are in panic mode, and there seem to be some drastic ups and downs.

Tom Hanks got Coronavirus and the market gained 2,000 points.

Do Right, Be Right. :)

Donald Trump Jr, appearing on Fox News, said: “For them to try to take a pandemic and seemingly hope that it comes here and kills millions of people so that they could end Donald Trump’s streak of winning is a new level of sickness.” Junior is crazier than his father.
www.theguardian.com/world/2020/mar/01/coronavirus-mike-pence-donald-tr
ump-jr-democrats-millions-die


My Texas Trump Lovers have claimed that the Dow-Jones Average is a conspiracy to bring down Trump. (Some of the more extreme Texans also suggest that Democrats are manipulating the market by selling stock to make Trump look bad. That idea is even stupider than the idea Democrats are publishing fake Dow-Jones numbers to hurt Trump. Maybe Democrats created the Coronavirus as germ warfare!) Trump Lovers are insane.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Saturday, March 14, 2020 9:36 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly


Look who is insanely proud himself this morning:

Donald J. Trump @realDonaldTrump
BIGGEST STOCK MARKET RISE IN HISTORY YESTERDAY!
7:08 AM · Mar 14, 2020·Twitter for iPhone
https://twitter.com/realDonaldTrump/status/1238799084263260161

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Sunday, March 15, 2020 7:49 AM

6IXSTRINGJACK

[/i]


Quote:

Originally posted by second:
Quote:

Originally posted by 6IXSTRINGJACK:
I wouldn't celebrate so early buddy.

People are in panic mode, and there seem to be some drastic ups and downs.

Tom Hanks got Coronavirus and the market gained 2,000 points.

Do Right, Be Right. :)

Donald Trump Jr, appearing on Fox News, said: “For them to try to take a pandemic and seemingly hope that it comes here and kills millions of people so that they could end Donald Trump’s streak of winning is a new level of sickness.” Junior is crazier than his father.



lol

That is exactly what you're doing.

Do Right, Be Right. :)

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Sunday, March 15, 2020 7:50 AM

6IXSTRINGJACK

[/i]


Quote:

Originally posted by second:
Look who is insanely proud himself this morning:

Donald J. Trump @realDonaldTrump
BIGGEST STOCK MARKET RISE IN HISTORY YESTERDAY!
7:08 AM · Mar 14, 2020·Twitter for iPhone
https://twitter.com/realDonaldTrump/status/1238799084263260161

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly





Yup. Kind of exactly like you and T having nothing at all to say in JSF's DOW thread until the market tanked.

Exactly like it. Yup.

Do Right, Be Right. :)

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Sunday, March 15, 2020 4:49 PM

JEWELSTAITEFAN


Dow closed Friday the 13th at 23,185. This is 21.5% off the Record All-Time High.

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Monday, March 16, 2020 4:23 AM

JO753

rezident owtsidr


Gas wuz 1.93$ at Samz yesterday! Too bad I didnt need any.

Lots uv panic grosery hording going on. Sum empty shelvez even at Walmart!

Governor Pritzker shut down all barz & resturants. The Dow iz really going to drop this week!

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com .

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Monday, March 16, 2020 7:11 AM

6IXSTRINGJACK

[/i]


Yup. Shelves were pretty empty at the grocery store. Still got almost everything I wanted though. Except for milk. That was the first time I couldn't buy milk when I needed it. A bunch of idiots are sitting on 10 gallons they're never going to drink before it expires.


My buddy's fiancee tends bar in Illinois and she's out of a job until at least the 30th. He wasn't sure yet when I talked to him if that news came before or after the announcement, so it might be longer than that. Even if they keep her on payroll that time, waitresses and bartenders don't get paid dick without their tips, so they're going to have a fun time in the near future.

It was really nice of Pritzger to fuck so many people over like that. Maybe they should just do what he did and take their toilets out of their bathrooms so they don't have to pay property taxes this year.



Do Right, Be Right. :)

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Monday, March 16, 2020 9:53 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly


Chinese industrial production declined by 13.5 per cent over the first two months of the year, combined data for January and February showed.

This was the first decline on record.

Retail sales, a key metric of consumption in the world’s second largest economy, fell by 20.5 per cent, again the first decline on record.

www.scmp.com/economy/china-economy/article/3075314/coronavirus-caused-
dramatic-collapse-chinas-economy-warning


The US stock market’s big declines can be seen as reactions to rational projections of exponentially increasing impacts with each passing day. What happened to China can happen to US.

https://angrybearblog.com/2020/03/three-related-metrics-of-coronavirus
.html


The Dow-Jones is at 20,423.55 It is down -2,762.07 (Down 11.91%)
at Mar 16, 9:50 AM EDT
www.marketwatch.com/investing/index/djia/charts

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Monday, March 16, 2020 10:51 AM

CAPTAINCRUNCH

... stay crunchy...


Quote:

Originally posted by JO753:
Gas wuz 1.93$ at Samz yesterday! Too bad I didnt need any.

Lots uv panic grosery hording going on. Sum empty shelvez even at Walmart!

Governor Pritzker shut down all barz & resturants. The Dow iz really going to drop this week!




I think secretly, people love a good panic.

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Monday, March 16, 2020 11:35 AM

6IXSTRINGJACK

[/i]


Quote:

Originally posted by captaincrunch:
Quote:

Originally posted by JO753:
Gas wuz 1.93$ at Samz yesterday! Too bad I didnt need any.

Lots uv panic grosery hording going on. Sum empty shelvez even at Walmart!

Governor Pritzker shut down all barz & resturants. The Dow iz really going to drop this week!




I think secretly, people love a good panic.




Dare I say, I think in the dawning days of the actual apocalypse, you and I might actually become friends.

I had a smile while walking down the practically empty aisles of the grocery store yesterday. I'm not a "whistler", but I almost felt like whistling while I slowly strutted down the aisles just scoping things out and giving smiles to anyone who caught my eye.


I almost felt like I was at home yesterday while I was out. All of those wasted years in my mid 20's to early 30's being paranoid that the world was going to come crumbling down thanks to our collective governments while nobody else even put any thought into any of it.

I've long since stopped hoarding stuff. My brother used to laugh at me back while we worked together and I had at least a year's worth of canned goods clogging up what little cabinet space we had in our apartment kitchen.


I see the panic that used to be inside my head on the faces of normal everyday people right now. And here's me, not being worried about things. Staying calm. Almost enjoying this. Being the voice of reason. Being the smiling face to a stranger who needs to see one. Telling the cashier that she's doing a great job and that this will all pass and things will get back to normal soon.



I think there are probably quite a few people who are enjoying this for various reasons. The number one reason is probably just a forced break from the monotony of their own boring and often pointless existances. It's one thing feel the immersion of watching The Walking Dead and empathizing with well written and acted characters, but it's another thing entirely to live it... Even just experiencing the sensations of a small taste of what that world might be like.



I think in retrospect we're going to realize that a lot of things that were done in the last week were mistakes. The worst thing among them is cancelling sports and new movies and most of the Circus that people use as diversions from their lives in the best of times.

I'm not a sports fan, and I don't watch much movies or TV these days, but I know that modern people need these things. I'd say in a time like this, they need them more than ever. I sure hope that Comcast and the other cable companies are up to the challenge of all the additional bandwidth that's going to be straining the system in the next month or so until the panic dies down. The last thing you want is a bunch of temporary unemployed people worrying about the future for themselves and their families with zero distractions and nothing to do but sit inside all day long and "think".



I hate football, and always have, but I have some serious respect and appreciation for those in charge to come out yesterday and say that they have every intention of starting the season when it's supposed to be started (early September, with about a month of preseason training/games).

Who knows? Maybe I'm wrong and half the country is dead by then. But I don't think so.

The NFL is in a great position to have time to wait this out, and I applaud them for coming out and saying this right now when people needed to hear it. They could just as easily have come out with a "wait and see" response further fueling fear, but by definitively saying that the show will go on they gave people hope of light at the end of the tunnel. I would imagine that even people who don't care for football or sports in general have to find comfort in that.



Do Right, Be Right. :)

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Monday, March 16, 2020 3:34 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly


6ix, don't bet on the end of the world with stocks going to zero:

Goldman Sachs chief equity strategist David Kostin said the S&P 500 could fall to as low as 2,000 points if the economic impact of the virus worsens but expected the index to reach 3,200 by the end of 2020. S&P 500 is 2,426.14 at Mar 16, 3:33 PM EDT

www.marketwatch.com/story/goldman-offers-gloomier-market-outlook-amid-
unprecedented-financial-and-societal-disruption-from-coronavirus-2020-03-15


The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Monday, March 16, 2020 3:39 PM

6IXSTRINGJACK

[/i]


Quote:

Originally posted by second:
6ix, don't bet on the end of the world with stocks going to zero:



I don't bet, period.

I also never said anything about the end of the world.



Do Right, Be Right. :)

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Monday, March 16, 2020 4:25 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly


Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by second:
6ix, don't bet on the end of the world with stocks going to zero:



I don't bet, period.

I also never said anything about the end of the world.



Do Right, Be Right. :)

I bet all the time. The prediction was the S&P 500 could fall to as low as 2,000 points if the economic impact of the virus worsens but expected the index to reach 3,200 by the end of 2020. There is an opportunity to make money if you got guts. But you won't take it because you are afraid of losses. I will because I'm unafraid of being poor. And the difference in results between you, at least what you claim, and me, which I know with certainty, are explained by the difference between fearful and fearless.

S&P 500 closed today at 2,386.13 down by -324.89 (-11.98%)


The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Monday, March 16, 2020 4:27 PM

6IXSTRINGJACK

[/i]


Sure buddy. Sure.

Do Right, Be Right. :)

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Monday, March 16, 2020 4:45 PM

JO753

rezident owtsidr


Bad newz breedz bad newz. Most peeps hav fear based thinking, so you can expect the Dow to keep dropping. Many assez will be self kicked wile saying 'shouda sold wen it passed 29!'

I think 15,000 iz the bottom, but its only Monday.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com .

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Monday, March 16, 2020 8:14 PM

JEWELSTAITEFAN


Dow closed today at 20,188. This is 31.7% off the Record All-Time High.



Hey!! Dow is nearing 20K. May be time to jump off!!

This is a one-day loss of 10.2% of the Record High. Taht is almost half of the 22% drop in 1987.




This seems a bit of a bargain price to buy in at. Certainly, at some point the Dow will return to around 30K, and surpass that mark. So buying now will ensure a 50% gain - it is just not certain how long that will take. With Trump, most likely within a year or so.
But, we might see even better bargains. If the Dow can drop to 15,000 then a 100% gain can be expected. If down to about 10K, then a 200% return.
For those who have money to invest, now is the critical time. Best pay attention.

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Monday, March 16, 2020 8:26 PM

6IXSTRINGJACK

[/i]


Quote:

Originally posted by JO753:
Bad newz breedz bad newz. Most peeps hav fear based thinking, so you can expect the Dow to keep dropping. Many assez will be self kicked wile saying 'shouda sold wen it passed 29!'

I think 15,000 iz the bottom, but its only Monday.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com .




Remember when 15,000 the top?

It's all monopoly money anyway. This is just another large chunk of money being ripped away from the average people that will ultimately end up in the hands of the few. Happens every time.

Do Right, Be Right. :)

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Wednesday, March 18, 2020 11:51 AM

JO753

rezident owtsidr


Its 10:43am (central) and the Dow haz been down to 19808.

Still not time to start buying. Trump iz continuing to inspire no confidens.

If you go by the theory that Putin haz a vast team uv straw men doing a pump & dump, stocks will start gaining this afternoon, 1,000, 2,000 or so, then open way down agen tomorow.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com .

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Wednesday, March 18, 2020 1:00 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly


“Since my election, U.S. stock markets have soared 70 percent,” President Trump bragged at his State of the Union address in Feb 2020, before claiming that this bull market was “transcending anything anyone believed was possible.”

Those gains are gone.

On January 19, 2017, the day before Trump took office, the Dow Jones Industrial Average closed at 19,804.72. The Dow has dropped below that level.

The rise in stock prices Trump touted so recently — and that he hoped to ride into this November’s election — no longer exists.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Wednesday, March 18, 2020 1:07 PM

CAPTAINCRUNCH

... stay crunchy...


Quote:

Originally posted by second:
“Since my election, U.S. stock markets have soared 70 percent,” President Trump bragged at his State of the Union address in Feb 2020, before claiming that this bull market was “transcending anything anyone believed was possible.”

Those gains are gone.

On January 19, 2017, the day before Trump took office, the Dow Jones Industrial Average closed at 19,804.72. The Dow has dropped below that level.

The rise in stock prices Trump touted so recently — and that he hoped to ride into this November’s election — no longer exists.




I still have not heard a solid reason for why they can't just suspend trading for more than 15 minutes. 2008 anyone? Did that not happen? We're suspending everything else.

The prez of the NYSE was interviewed live on tv yesterday and did not make me a believer when asked the same question, just more flimsy double speak - like the Truth would be too dangerous to reveal or too much for us to handle. "Well, in truth it's all smoke and mirrors and probably the worst place for anyone to put any savings, especially their life's savings!"

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Wednesday, March 18, 2020 2:26 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly


Quote:

Originally posted by captaincrunch:

The prez of the NYSE was interviewed live on tv yesterday and did not make me a believer when asked the same question, just more flimsy double speak - like the Truth would be too dangerous to reveal or too much for us to handle. "Well, in truth it's all smoke and mirrors and probably the worst place for anyone to put any savings, especially their life's savings!"

We're not talking about penny stocks from soon to be worthless companies. Every time the S&P 500 drops, somebody bought the stock at the new low price and they got a bargain. When it drops again, that only means the purchaser bid too high. They should have waited for a more desperate seller.

On the political side, without the 1929 Crash, it would have been 4 more years of Herbert Hoover and a GOP controlled Senate. But Inauguration Day (March 4, 1933) was the start of very, very temporary control by Democrats. By 1940, the GOP could stop anything in the Senate with a filibuster. It took Pearl Harbor to overcome the GOP resistance to fighting in WWII. Before that, the GOP was passively watching the Axis Powers burn down the whole world. By 1946, the GOP was once again the majority.
https://en.wikipedia.org/wiki/1946_United_States_Senate_elections

George Bush's grandfather, US senator Prescott Bush, was a director and shareholder of companies that profited from their involvement with the financial backers of Nazi Germany. Prescott certainly would not be voting against Hitler before Pearl Harbor. Money, you know, does that to you.
www.theguardian.com/world/2004/sep/25/usa.secondworldwar

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Wednesday, March 18, 2020 2:49 PM

6IXSTRINGJACK

[/i]


Zero is the bottom.

If you're going to gamble, I hope you get a good price.

Do Right, Be Right. :)

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Wednesday, March 18, 2020 4:56 PM

JO753

rezident owtsidr


Good point, 6. We'd be in Mad Max territory. Unlikely, but possibl.

Quote:

Originally posted by second:
On January 19, 2017, the day before Trump took office, the Dow Jones Industrial Average closed at 19,804.72. The Dow has dropped below that level.



Got down to 18,917 and bounst bak up to cloze around 19,900. Sumbudy made a tidy profit today.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com .

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Wednesday, March 18, 2020 8:44 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly


Quote:

Originally posted by 6IXSTRINGJACK:
Zero is the bottom.

If you're going to gamble, I hope you get a good price.

Do Right, Be Right. :)

After President Donald Trump’s press conference on the new coronavirus on Friday the 13th, he triumphantly sent supporters a signed chart showing the Dow Jones Industrial Average going up sharply as he spoke.

On the one hand, this was hilarious, since on Monday the 16th, the Dow had its second-worst day in history. Trump did not send out any signed charts about this.

On the other hand, this should terrify everyone. Even now, the president of the United States is lost in a fantasy world. Even worse, Trump’s fantasy is shared by many Americans. In this imaginary world, we can all get rich if the little flickering numbers on our iPhone’s Stocks app go up. It’s therefore also a disaster if the little numbers go down.

Up or down markets are a fantasy. What is real is what the corporation accomplishes, not its stock price. And lately many American corporations have nothing much to show for actual accomplishments.

In reality, America’s stock market wealth was always a mirage, one which we now see dissolving in front of us. It’s dangerous for us to hope it will reappear, because it’s a distraction from the real world that we have to focus on more than ever.

More at https://theintercept.com/2020/03/18/stock-market-coronavirus/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Thursday, March 19, 2020 5:06 AM

6IXSTRINGJACK

[/i]


Quote:

Originally posted by second:

Up or down markets are a fantasy. What is real is what the corporation accomplishes, not its stock price. And lately many American corporations have nothing much to show for actual accomplishments.

In reality, America’s stock market wealth was always a mirage, one which we now see dissolving in front of us.



The key word is "always". Not just under the Trump administration.

This is something I've been saying since I first started posting to these boards in 2006.

The DOW is simply a vehicle to steal from the working class to give to the rich. Always was. Always will be.

Do Right, Be Right. :)

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Thursday, March 19, 2020 6:34 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly


Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by second:

Up or down markets are a fantasy. What is real is what the corporation accomplishes, not its stock price. And lately many American corporations have nothing much to show for actual accomplishments.

In reality, America’s stock market wealth was always a mirage, one which we now see dissolving in front of us.



The key word is "always". Not just under the Trump administration.

This is something I've been saying since I first started posting to these boards in 2006.

The DOW is simply a vehicle to steal from the working class to give to the rich. Always was. Always will be.

Do Right, Be Right. :)

The Founding Fathers were aware of the "working class", those who did not own a farm or a forest or a business. Those people were little better than slaves. But at least slaves were required by law to be fed by their owners. Very sensibly, the Founding Fathers did NOT allow slaves to vote and did not allow the "working class" to vote either. Nor women to vote.

Since the Founding, the right to vote, suffrage, has expanded, but if you don't own a farm or a forest or a business you are still no better than a slave in America. In other countries, it is different. Those countries give people rights that Americans who don't own stuff don't have. The right to health care, even if you have no money, for one example. In America, the government will let you die as all your teeth rot out. The American government doesn't care about your teeth because the "working class" has no more rights than slaves.

You would think the "working class" would use their undeserved right to vote to expand other rights for the "working class." But for peculiar reasons the "working class" won't. How many in the American "working class" voting Republican support Medicare for All? Not enough. Twenty-five percent said they "strongly" supported "Medicare for all". That is a small enough number that those can be ignored by the Senate.

https://thehill.com/hilltv/what-americas-thinking/412552-majority-of-r
epublicans-say-the-support-medicare-for-all-poll


So that you don't think universal health care coverage is the one and only thing that American slaves don't have a right to while citizens of other countries do have a right:
Quote:

The European social democracies show just how much can be done. Denmark has reached a deal between unions and large employers to stop layoffs, with the government covering up to 75 percent of wages. Norway has promised to pay the self-employed 80 percent of their precrisis earnings for the duration of the pandemic.
www.thenation.com/article/politics/coronavirus-stimulus-pelosi-bill/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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