WestTexasCrude wrote: ↑Sat Mar 14, 2020 10:07 pm
Fine. I'll leave it there. It's at 23,000/ highest ever was 29,000+. Watch the next only 5 days until next Friday. I'll get back to you then. Deal? You're missing the point. None of the economics has changed despite the best effort of the media.
if you are so dead ass sure that the market will hit new highs (29,600) by this summer, then why don't you put your fucking money where your mouth is and stop thinking you are going to win some argument on an internet forum. You could make 28% on your money by just buying into it right now. According to your logic its a no-brainer. Slam dunk.
Get some skin in the game and learn a little bit about what you think you are an expert on.
WestTexasCrude wrote: ↑Tue Mar 10, 2020 10:48 pmOil dropped yesterday biggest loss in 30 years- rebounded today. Nothing oil economics changed from last Friday through the weekend. So, a month from now when your friends open their current stock statements and see that over the last 2 months, their losses were less than 10% and heading up, another nothingburger. Who's to know.
I just had to go back and get that quote. It is mind blowing to me that you are completely reliant on the prosperity (and live in a town where almost everyone is) of the oil business and yet you had no idea why oil prices were going down.
How low can we go? Biker already mentioned when it rebounds there won't be enough company profit to bring it anywhere near 30k. IDK, it looks like it will take years to recover. I think all you have to do is look at the sickness/casualty rate of this pandemic and when it starts to drop significantly buy more stock. For WTC's prediction to be right we need a small miracle, like a quick vaccine. That would be hot.
How low can we go? Biker already mentioned when it rebounds there won't be enough company profit to bring it anywhere near 30k. IDK, it looks like it will take years to recover. I think all you have to do is look at the sickness/casualty rate of this pandemic and when it starts to drop significantly buy more stock. For WTC's prediction to be right we need a small miracle, like a quick vaccine. That would be hot.
megman wrote: ↑Mon Mar 16, 2020 8:12 pmDow drops nearly 3,000 points, as coronavirus collapse continues; worst day since ’87
How low can we go? Biker already mentioned when it rebounds there won't be enough company profit to bring it anywhere near 30k. IDK, it looks like it will take years to recover. I think all you have to do is look at the sickness/casualty rate of this pandemic and when it starts to drop significantly buy more stock. For WTC's prediction to be right we need a small miracle, like a quick vaccine. That would be hot.
megman wrote: ↑Mon Mar 16, 2020 8:12 pmDow drops nearly 3,000 points, as coronavirus collapse continues; worst day since ’87
How low can we go? Biker already mentioned when it rebounds there won't be enough company profit to bring it anywhere near 30k. IDK, it looks like it will take years to recover. I think all you have to do is look at the sickness/casualty rate of this pandemic and when it starts to drop significantly buy more stock. For WTC's prediction to be right we need a small miracle, like a quick vaccine. That would be hot.
megman wrote: ↑Mon Mar 16, 2020 8:12 pmDow drops nearly 3,000 points, as coronavirus collapse continues; worst day since ’87
How low can we go? Biker already mentioned when it rebounds there won't be enough company profit to bring it anywhere near 30k. IDK, it looks like it will take years to recover. I think all you have to do is look at the sickness/casualty rate of this pandemic and when it starts to drop significantly buy more stock. For WTC's prediction to be right we need a small miracle, like a quick vaccine. That would be hot.
megman wrote: ↑Mon Mar 16, 2020 8:12 pmDow drops nearly 3,000 points, as coronavirus collapse continues; worst day since ’87
Exactly Megman, how low do you think it can go? The bottom has to be somewhere.
i'm going to stick to my original thoughts until something happens to change it. The DOW was closing in on 18,000 when Trump got elected. So, for me, that seems to be the bottom that I would expect it not to push through. If it pushed through that, then holy shit.
The real barrier wall is 18,000. that's where it was when he got elected. The market had a big upswing after his election (before he was sworn in). So that "took office" number is another media charade that isn't the true picture. the true picture is where the DJIA was on Nov 4th when he was elected.
and before the political nut jobs join in about licking trumps balls, that has nothing to do with this comment. the 18,000 number was a really tough spot for the dow to get through back then. it would nearly do it and then fall back. for months. and then after trump was elected, it just sky rocketed through that number. In hindsight it was because they arleady knew about his tax cut plan for companies.
That does not show profits soaring you knucklehead.
Well, it does show that all his golfing has been at his private courses, ones he still owns and participates in their running. That's money being transferred from the government into his business. And that for a man who clearly stated "I'm going to be working for you. I'm not going to have time to go play golf." --Donald J. Trump, August, 2016 (from the site). He has a perfectly fine and free course for his exclusive use at Camp David, he's never played a single round there. It'd be much cheaper for him to play there, but he just has to play at his clubs. And that's starting to bankrupt the communities near those clubs that have to pay (and don't get reimbursed) for his security.
If you can't be a good example, you can still serve as a horrible warning.
“All mushrooms are edible. Some even more than once!”
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