Well it took over 2 yrs, but the DJI has finally burst. Blame the weather etc, for all bad #'s.
BILLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLONS LOST!
Could lose 1/2 of all 9 yr gains!
PinOakEO wrote:
Well it took over 2 yrs, but the DJI has finally burst. Blame the weather etc, for all bad #'s.
BILLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLONS LOST!
Could lose 1/2 of all 9 yr gains!
As far as blaming the weather, they call the wind, Donald...
Hope "The Donald" takes a big a hit on his investments as we just did!!!
Don
Remind me what was the market at two years ago?
I've seen this movie before, and guess what, the market will recover.
When Obama was reelected in2012 the Dow was around 13k. When Trump was elected it was around 17k. Giant 4K in 4 yrs.
So the Dow was up around 8k a week ago. Just guessing I'd say our investments are up around 20% today.
So I think Donald has plenty of numbers to play with to equal his predecessor's dismal performance.
Look at the numbers when Trump was elected, and then look at them now. If you think he’s responsible for the large increase, send him a thank-you note. Besides, until you cash in, you haven’t lost or made any money at all--it’s all on paper. The only reality comes when you cash in. Anything else is whimsy.
PinOakEO wrote:
Well it took over 2 yrs, but the DJI has finally burst. Blame the weather etc, for all bad #'s.
BILLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLONS LOST!
Could lose 1/2 of all 9 yr gains!
When I saw DJI, I immediately thought of the drone, and I couldn't understand your post. Now I get it.
jaymatt wrote:
Besides, until you cash in, you haven’t lost or made any money at all--it’s all on paper. The only reality comes when you cash in. Anything else is whimsy.
YES! So many people talk about how much they gained or lost, but it's all theoretical!
Look at the intellectual theft the Chinese have done over the past 50 years. What would you be worth if the companies you invest in had their intellectual property? Much more. So, pay now or pay later. If "the Donald" can at least even partially fix this, you will be much better off. Or maybe your grandchildren will be... Just sayin'
the Dow was at 7900 when Obama was elected. It had gone up to 17K when he left office. Not bad for a alien socialist!
Starting with Trump’s inauguration, the Dow has risen from 19,827.3 to 25,075.1 -- an increase of 26 percent. That’s impressive.
But it’s not as impressive as its performance during the equivalent period under Obama. Under Obama, the Dow increased from 7,949.1 to 10,572 — a rise of 33 percent.
In fact, the Dow’s rise was even more impressive under Obama if you start measuring at the market’s low point, on March 9, 2009, during the depths of the Great Recession. That day, the Dow closed at 6,547. Between then and Jan. 5 — a 10-month period — the Dow rose by a stunning 61 percent. That’s more than three times faster than Trump’s rise over the same period in his term.
You can only make decisions when you have the facts. Ignorance is the enemy of clear decision making. Try reading
Tell that to the farmers who will lose their farms!
Intellectual property is an elusive thing. It quickly is replaced wit new technology. Additionally, the Chinese are now rapidly becoming innovators. Remember when the Japanese were cleaning our clock. Look at them now. They live in a constant state of stagnancy. One of the reasons is that they have a declining population. Look at Europe they are still in a state of recovery. I'll take free trade and a mass of innovative and hard working legal or illegal immigrants like those willing to risk life and limb today as our forefathers over isolationism and a yearning for the "good ole days"!
nikonbug wrote:
Look at the intellectual theft the Chinese have done over the past 50 years. What would you be worth if the companies you invest in had their intellectual property? Much more. So, pay now or pay later. If "the Donald" can at least even partially fix this, you will be much better off. Or maybe your grandchildren will be... Just sayin'
PinOakEO wrote:
Well it took over 2 yrs, but the DJI has finally burst. Blame the weather etc, for all bad #'s.
BILLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLONS LOST!
Could lose 1/2 of all 9 yr gains!
Oh My God, the sky is falling. Don't talk Dumb... Nothing lost unless you sell.
I receive a stock news letter every night... Here’s the authors take on what’s happening:
I want to give you something to think about this weekend. There are two stocks on today's alert that fell after announcing the pricing for their secondary common stock offerings. The offering prices for the new shares are below these stock's recent closes. So a drop is not a surprise.
Many companies will do secondary stock offerings after their stocks have made a nice run, and why wouldn't they? Why sell shares to raise capital at $5 when you could sell shares above $9 after a nice run? That makes sense.
This made me think about the President's timing for his full court press on China's trade policies and technology theft. It's probably better to take on these issues after the market has made a run. That way there is a market buffer to any down turn that may result from tough negotiations. Let me know what you think.
$100 stock losses 20% over 2 years & you sell. You get $80.
You buy the stock 2 yrs later at $96. That is a 20% gain from the low.
That is a 4% difference?
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