WalkThePlank
Heisman
Posts: 5,130
Joined: Jul 2006
Reputation: 425
I Root For: ECU
Location: Raleigh
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09-23-2022 09:19 AM |
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Fo Shizzle
Pragmatic Classical Liberal
Posts: 42,023
Joined: Dec 2006
Reputation: 1206
I Root For: ECU PIRATES
Location: North Carolina
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RE: Dow dips below 30k
Looks like it's time to buy some bargains and for sure fund the IRA for the year.
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09-23-2022 09:26 AM |
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HeartOfDixie
Hall of Famer
Posts: 24,689
Joined: Oct 2013
Reputation: 945
I Root For: Alabama
Location: Huntsville AL
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RE: Dow dips below 30k
J. Pow. wants to see a slowdown--hopefully without having to implement even more dramatic rate hikes.
In truth, the market is doing a very good job policing itself at this point.
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09-23-2022 09:40 AM |
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maximus
Hall of Famer
Posts: 24,721
Joined: Nov 2008
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I Root For: MEMPHIS
Location:
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Dow dips below 30k
About to nose dive
Sent from my SM-F721U using Tapatalk
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09-23-2022 09:41 AM |
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natibeast2.0
Banned
Posts: 1,859
Joined: Nov 2021
I Root For: -
Location:
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RE: Dow dips below 30k
(09-23-2022 09:41 AM)maximus Wrote: About to nose dive
Sent from my SM-F721U using Tapatalk
If you aren't prepared that's on yourself and yourself only. Note: Not talking bout you
#Biden's Leftist One World "America"
Enjoy mfers
(This post was last modified: 09-23-2022 10:47 AM by natibeast2.0.)
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09-23-2022 10:46 AM |
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Fo Shizzle
Pragmatic Classical Liberal
Posts: 42,023
Joined: Dec 2006
Reputation: 1206
I Root For: ECU PIRATES
Location: North Carolina
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RE: Dow dips below 30k
I think we will see a lot of movement into dividend paying stocks now. I already made that move a couple of months ago..selling a few equities that made some money on over the last two years. Its now just hold tight..reinvest the dividends and look for bargains if cash flow allows it. I have a feeling we are not at the bottom yet either and there really could be some bargains to be had over the next 6-12 months.
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09-23-2022 11:07 AM |
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GoodOwl
The 1 Hoo Knocks
Posts: 25,432
Joined: Nov 2010
Reputation: 2379
I Root For: New Horizons
Location: Planiverse
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RE: Dow dips below 30k
(09-23-2022 09:41 AM)maximus Wrote: About to nose dive
J. Pow's "soft landing"....
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09-23-2022 11:08 AM |
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UofMstateU
Legend
Posts: 39,294
Joined: Dec 2009
Reputation: 3592
I Root For: Memphis
Location:
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RE: Dow dips below 30k
The rate hikes alone, due to Biden*flation, are going to add another $2trillion to the deficit over 10 years. Where's the numbnut with pdf's thats trying to convince us that Biden* is adding less to the deficit than Trump.
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09-23-2022 11:10 AM |
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stinkfist
nuts zongo's in the house
Posts: 69,291
Joined: Nov 2011
Reputation: 7142
I Root For: Mustard Buzzards
Location: who knows?
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RE: Dow dips below 30k
(09-23-2022 11:07 AM)Fo Shizzle Wrote: I think we will see a lot of movement into dividend paying stocks now. I already made that move a couple of months ago..selling a few equities that made some money on over the last two years. Its now just hold tight..reinvest the dividends and look for bargains if cash flow allows it. I have a feeling we are not at the bottom yet either and there really could be some bargains to be had over the next 6-12 months.
been there for the best of two years now ... many were calling this moons ago ... nuts zongo says, "y'all ain' seen shite, yet!"
and Ja!, this isn't close to the bottom ... there's always bargains ... however, those are rare and require you to be related to a Pelosi ...
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09-23-2022 11:17 AM |
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GoodOwl
The 1 Hoo Knocks
Posts: 25,432
Joined: Nov 2010
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I Root For: New Horizons
Location: Planiverse
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RE: Dow dips below 30k
The DOW is down more than 1,000 points since when Former Vice prezdunce Joe Biden* was installed to office more thyan a year-and-a-half ago...meanwhile, remember President Trump broke the record for the most stock market highs in a year in 2017, the year he took over the Executive Branch...There were more stock market highs (71) in 2017, President Trump’s first year as President, than any year in history....but, y'know, some mean tweets, so...
The DOW is currently down more than 6,500 points this year alone (the DOW was at 36,338 on December 31, 2021). If this decrease stands till year-end, this decrease will be the largest decrease of any year in US history.
Contrast that to under President Trump the DOW had increased by nearly 9,000 points since the 2016 Presidential election (8,999) through July 12, 2019! This was more than any other President in history.
President Trump is the only President in US history to oversee two stock market rallies of nine days or more where the DOW set new highs each and every day: On February 28th, 2017, President Trump matched President Reagan’s 1987 record for most continuous closing high trading days when the DOW reached a new high for its 12th day in a row. Then in early August of 2017 President Trump reigned over a 9 day stock market rally with each day reaching record highs.
(This post was last modified: 09-23-2022 11:36 AM by GoodOwl.)
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09-23-2022 11:24 AM |
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TigerBlue4Ever
Unapologetic A-hole
Posts: 72,873
Joined: Feb 2008
Reputation: 5865
I Root For: yo mama
Location: is everything
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RE: Dow dips below 30k
Effin prog filth Marxist loons, they're the reason we can't have nice things.
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09-23-2022 11:57 AM |
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TigerBlue4Ever
Unapologetic A-hole
Posts: 72,873
Joined: Feb 2008
Reputation: 5865
I Root For: yo mama
Location: is everything
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RE: Dow dips below 30k
Speaking of loons, where are they today? Why aren't they in here defending their POSPOTUS?
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09-23-2022 11:58 AM |
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natibeast2.0
Banned
Posts: 1,859
Joined: Nov 2021
I Root For: -
Location:
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RE: Dow dips below 30k
(09-23-2022 11:58 AM)TigerBlue4Ever Wrote: Speaking of loons, where are they today? Why aren't they in here defending their POSPOTUS?
We know that answer it’s Friday with poor news all around on a Friday. All they do is provide MSM news anyways. Thanks worthless Mfers already read those too am sure most around here do as well. Thanks for providing further confirmation on the sheeps next path though
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09-23-2022 12:07 PM |
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Attackcoog
Moderator
Posts: 44,894
Joined: Oct 2011
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I Root For: Houston
Location:
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RE: Dow dips below 30k
The 2000 and 2008 bears saw the SP-500 fall 49% and 57% respectively. The Covid-19 crash was a 34% drop. With the Fed signaling it has no intention of coming to the rescue for stocks---I suspect we have a ways to go before we reach the bottom.
(This post was last modified: 09-23-2022 12:18 PM by Attackcoog.)
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09-23-2022 12:17 PM |
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shere khan
Southerner
Posts: 60,981
Joined: Mar 2004
Reputation: 7638
I Root For: Tulane
Location: Teh transfer portal
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RE: Dow dips below 30k
(09-23-2022 11:58 AM)TigerBlue4Ever Wrote: Speaking of loons, where are they today? Why aren't they in here defending their POSPOTUS?
rattling on nonsense in the mar a lago thread
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09-23-2022 12:18 PM |
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RuckleSt
All American
Posts: 2,560
Joined: Mar 2014
Reputation: 143
I Root For: UC
Location: Indianapolis
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RE: Dow dips below 30k
(09-23-2022 12:17 PM)Attackcoog Wrote: The 2000 and 2008 bears saw the SP-500 fall 49% and 57% respectively. The Covid-19 crash was a 34% drop. With the Fed signaling it has no intention of coming to the rescue for stocks---I suspect we have a ways to go before we reach the bottom.
I'm targeting around 20,000 for the DOW before I jump back in, but that could change if sane economic policy starts being put in place.
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09-23-2022 12:52 PM |
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MemTigers1998
Hall of Famer
Posts: 14,325
Joined: May 2017
Reputation: 1907
I Root For: Memphis
Location:
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RE: Dow dips below 30k
(09-23-2022 11:58 AM)TigerBlue4Ever Wrote: Speaking of loons, where are they today? Why aren't they in here defending their POSPOTUS?
Waiting on Krugman’s talking points on how to spin the brain dead dolt’s latest F up into being a good thing
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09-23-2022 01:00 PM |
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VA49er
Legend
Posts: 29,141
Joined: Dec 2004
Reputation: 985
I Root For: Charlotte
Location:
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RE: Dow dips below 30k
DCA, it's worked for me for many, many years. That way no need to worry about crazy fluctuations.
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09-23-2022 01:27 PM |
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oruvoice
Heisman
Posts: 8,389
Joined: Aug 2004
Reputation: 969
I Root For: Memphis
Location: Tulsa
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RE: Dow dips below 30k
But, but, Mar-A-Lago. But, but Trump inflated property valuations. But, but Matt Gaetz. But, but Repubs are racists and believe in only 2 genders.
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09-23-2022 01:44 PM |
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natibeast2.0
Banned
Posts: 1,859
Joined: Nov 2021
I Root For: -
Location:
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RE: Dow dips below 30k
Where are the loons? = political party over country = donktards....same thing their entire lives...for the rest wake the F up
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09-23-2022 01:51 PM |
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