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Topic: Trump Crashes US Stock Markets
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Catalina Knowflake Posts: 5613 From: shamballa Registered: Aug 2013
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posted February 05, 2018 07:07 PM
Never fear Don Wan will fix it! http://www.newyorker.com/humor/borowitz-report/trump-considering-firing-dow-jones-industrial-average?intcid=inline_amp IP: Logged |
Randall Webmaster Posts: 92221 From: From a galaxy, far, far away... Registered: Apr 2009
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posted February 05, 2018 07:35 PM
People just sold to invest their profits in the bond markets (in anticipation of higher interest rates). But it was computer algorithms that caused such a drastic drop so quickly. The economy is still firing on all cylinders. IP: Logged |
iQ Moderator Posts: 5482 From: Lyra Registered: Apr 2009
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posted February 06, 2018 05:31 AM
The Lesson that Trump learns from this should be "Never brag about the Stock Market Value, just brag about generic economy".Great economies can have terrible stock valuations too and Bubble Economies sometimes show exponential stock rise. I was very clear about booking profits above 25K by analyzing liquidity. Many punters shoring from 25k all the way to 26K+ invested huge shorting profits yesterday night and today can earn from rebound. They will mercilessly short again on 26K. A bigger game begins now. If by any chance we see a 700-800 point fall today, then the Bubble burst started much earlier than the anticipated 30K+. That would be a good thing because it would mean ordinary people did not lose their shirt in the stock market. A crack beyond 30K will not leave any prisoners, there will be circuit breaker upon circuit breaker.
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Randall Webmaster Posts: 92221 From: From a galaxy, far, far away... Registered: Apr 2009
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posted February 06, 2018 03:33 PM
The DOW will be back at a record high soon.IP: Logged |
Randall Webmaster Posts: 92221 From: From a galaxy, far, far away... Registered: Apr 2009
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posted February 21, 2018 08:10 PM
It appears stable again.IP: Logged |