Dow records best point gain in history

Started by Solar, December 26, 2018, 01:31:47 PM

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Solar

Dims thought they could use the stock mkt as a weapon against Trump. :biggrin:
It's a volatile quarter, expect more ups and downs over the next few months.

BREAKING: Dow records best point gain in history, surging more than 1000 points; all 3 major indexes post best percentage increases since March 2009

https://cnb.cx/2EN8F4W

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Rick

I dream of the day a chicken can cross the road with out it's motives being questioned.

Solar

Quote from: Rick on December 26, 2018, 05:45:17 PM
That is actually rather frighting.
Roller coaster rides are good for people looking to enter the mkt on a downside.
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Rick

I dream of the day a chicken can cross the road with out it's motives being questioned.

Solar

Quote from: Rick on December 26, 2018, 08:42:15 PM
And if it's all down side?
It will always return. Buy low, sell high, and that's what many did, and now they're back because they wanted to get in while the getin wus guud.
Like I said, this will swing for a bit til they find another excuse to panic.
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walkstall

Quote from: Solar on December 26, 2018, 09:05:25 PM
It will always return. Buy low, sell high, and that's what many did, and now they're back because they wanted to get in while the getin wus guud.
Like I said, this will swing for a bit til they find another excuse to panic.


You make money on the long hall and always buy low.   :thumbsup:
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."

supsalemgr

Politicians should steer clear of market results. It is especially true since computers and their programmed actions are what drive the markets now.
"If you can't run with the big dawgs, stay on the porch!"

Solar

Quote from: supsalemgr on December 27, 2018, 04:18:50 AM
Politicians should steer clear of market results. It is especially true since computers and their programmed actions are what drive the markets now.
Yep, it's too bad too, but what I hate more is the manipulators and insiders (Soros's and McCON-nels) that remove any chance of taking any real calculated gamble.
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Solar

I love roller coasters!  :thumbsup:

BREAKING: US stocks stage furious late-day rally to close with gains, erasing 600-point drop in Dow Jones Industrial Average - AP
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Solar

The S&P 500 closed at a two-day gain of 5.9 percent, its best performance since August 2015 - Reuters   :biggrin:
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Possum

Quote from: supsalemgr on December 27, 2018, 04:18:50 AM
Politicians should steer clear of market results. It is especially true since computers and their programmed actions are what drive the markets now.
This explains a lot and makes a lot of sense. I had assumed, without really knowing, that it was day traders causing the roll o coaster effect to the likes that I had never seen.

Solar

Quote from: s3779m on January 05, 2019, 01:52:48 AM
This explains a lot and makes a lot of sense. I had assumed, without really knowing, that it was day traders causing the roll o coaster effect to the likes that I had never seen.
I somehow missed Sups last sentence about computers.
Sups correct, and even the programs can be manipulated to do ones bidding in predictable ways as in a Soros currency crashing scheme, where he already knows the outcome and how the computers are programmed to react.
There are not a lot of mkt manipulators out there with his power, but it doesn't take a whole lot to screw things up in their favor.
I think it was probably around the early 90s the last time we saw a real stock mkt, since then, it's all been computer controlled. That's one of the real reasons it is no longer an indicator of the health of the nation, which was obvious when the left appointed the Marxist and oddly enough the mkt reacted positively to a shitload of stolen treasure being dumped into it (Fiat money), in the past, an act like that would have had negative results, but computers have no  soul, nor does it care what deficit does to the nation, their only function is numbers.
Hussein literally stole money from future generations, gave it to commie crony buddies to create a fraud industry "Green Energy" and Wall St loved it, despite the fact it was all built on a house of cards and Marxist policy.
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