dow 27000

[bbsam]

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Nah. Nothing like that. Just know that the Federal Reserve has no desire to see an economy growing at 4%. Those tax cuts? They're just going to drive up the debt.

 

[Catatonic]

Nah. Nothing like that. Just know that the Federal Reserve has no desire to see an economy growing at 4%.

They want managed inflation.

 

[Sportello]

They want managed inflation.

You must have gone to a good post graduate business school.

 

[Catatonic]

You must have gone to a good post graduate business school.

Georgia State University

It's decent.

 

[DriveInDriveOut]

Today?

no

 

[IVE GOTTA PACKAGE 4U]

no

Double down?

 

[DriveInDriveOut]

Double down?

Hopefully it keeps tanking.

 

[IVE GOTTA PACKAGE 4U]

Hopefully it keeps tanking.

It might.

 

[Brownslave688]

Hopefully it keeps tanking.

It’s nice when you have time on your side. Would love to be buying stocks like ups for $60-70 again

 

[Wally]

They want managed inflation.

Feeders weigh gain?

 

[Brownslave688]

Hopefully it keeps tanking.

Was just telling my dad today that we are due for a large market correction and probably due for a recession. He was kind of dumbfounded because things like unemployment look so good right now.


But isn’t that always how it happens? Just when everyone thinks it’s smooth sailing BAM!!!

 

[Brownslave688]

As stocks skid, worries mount for 401(k) investors who can't 'stand the pain'


And this is how it happens so fast. People get so used to up up up at the first sign of trouble they freak.

 

[newfie]

Was just telling my dad today that we are due for a large market correction and probably due for a recession. He was kind of dumbfounded because things like unemployment look so good right now.


But isn’t that always how it happens? Just when everyone thinks it’s smooth sailing BAM!!!

We are way overdue . I think we're more so in a choppy water period though signs the world market is cooling could pull us down.

 

[Babagounj]

Please bring back the days of stock brokers jumping out of windows.
I'd jump myself but I'm on a ground level.

 

[IVE GOTTA PACKAGE 4U]

Please bring back the days of stock brokers jumping out of windows.
I'd jump myself but I'm on a ground level.

It's only down 500 points today....

 

[Wally]

Please bring back the days of stock brokers jumping out of windows.
I'd jump myself but I'm on a ground level.

They were jumping because they borrowed money to buy on margin. Works great on the way up, lol.

 

[Old Man Jingles]

As stocks skid, worries mount for 401(k) investors who can't 'stand the pain'


And this is how it happens so fast. People get so used to up up up at the first sign of trouble they freak.

It is a great opportunity to buy low ... the number of shares is what is important.

 

[Jkloc420]

Most of it is programs selling off, computers do it at a certain level. However it is a good time to buy and it how you make money

 

[Wally]

The folks on CNN must be having orgasms? They love when things go bad.

 

[bacha29]

Nah. Nothing like that. Just know that the Federal Reserve has no desire to see an economy growing at 4%. Those tax cuts? They're just going to drive up the debt.

Trump as well as the GOP congress were told as plainly as it could be made not to cut taxes because it could not be made up without a continuous 4% annual growth in GDP which as never happened.
We are now desperately trying to find a new level of support. If I had to make purely a guess the new support level with be in the general area of DOW 22,500, S&P 2515 NASDAQ 6200.
With the debt clearly piling up it's important to remember that the GOP members of Congress who hollered the loudest about the deficit hollered the loudest for tax cuts in order to appease their donors with the expectation that future massive spending cuts would offset the revenue loss.
Losing the House was something they didn't planned on.