Dear Thrumpers: what about the Dow?
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jack rip her
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Posted 5:41 am, 08/15/2018
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Wow you are such a weak person Harbone. Fins now owns you.
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Harbinger
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Posted 4:37 am, 08/15/2018
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This is the last time I will reply to any of Fins’ posts. The only reason I am replying this time is as a service to the people on this site who, for some unfathomable reason, trust what he writes.
Throughout this thread, people have been a little rough on each other. I’ve been sarcastic. You guys have called me names. But it’s all in fun, right?
That’s why I started my previous post thusly: Oh no… A handful of anonymous cowards on Goashe are saying mean things about me. I’m shattered. However will I live with myself? The horror…
More sarcasm of course, though I do believe the phrase “anonymous cowards” might be a bit harsh, but hey, you anonymous cowards started the name calling, not me. At any rate, here’s how Fins began his latest masterwork: (in reference to me) Hairy, no one has said mean things to you. Well, unless you consider being called a liberal an insult.
He has mischaracterized my statement and lied outright. And worse, he implied that I was lying. You guys know the kind of rhetoric on this thread. I’ve been called, among other things, brain washed, a communist, and a loser whose “McPayCheck can barely cover his Netflix and ****nhub habit.” Fins himself suggested that I stole the material for my original post on this thread and has called me a plagiarist on other threads.
So… yes or no: Was Fins opening statement true? And did Fins mischaracterize my statement?
And as far as his refutation of my assertion about the Dow, his position is nonsense on its face because once again he mischaracterized what I wrote. Here is the core of Fins’ attempted rebuttal:
But lets look at the one event that has caused you to think the sky is falling. In February the market did have a record loss. There was a total of 3,200 points lost mostly on two days. But at the same time, at the close of the market on Feb 28, the DJIA was only about 1000 points off from when it opened on Feb 1.
Here is my original assertion:
The Dow lost about 12 percent of its value between early February and late March of this year, a plummet that was kicked off on February 2 by a single day loss of 4.6 percent �" and a 15 minute period where the index dropped 800 points.
Can you see what he did? The one-month long “event” he claims I am referring to is not the seven-week long event that I did, in fact, refer to, an event which saw the Dow lose not 1000 but 3000 points, or about 12 percent of its value, before hitting the low for this year on March 23. Also, Fins omitted a key point I made in the beginning of my post: that the Dow is only up 2.4 percent so far this year (on the day of the post).
I can put up with insults, but do I really have to put with someone claiming I wrote something I didn’t?
Fins has trolled my threads twice before, once with fake statistics and once with a link to a nonsense news article. And now he’s tried to discredit my post with a blatant strawman argument. It is really too much. So I will ignore him from hence forth. And I strongly suggest other writers on this site do the same.
And Pappyspal… as far as shutting me up… good luck with that.
CYA tomorrow Harbinger out
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sassy62
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Posted 10:57 pm, 08/14/2018
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The government of this country was established on the premise that no one person would ever rule. The Constitution guarantees that the executive must work with, or compromise if you will, with the congress and the courts, to accomplish any goals the executive might have.
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sassy62
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Posted 10:41 pm, 08/14/2018
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The fact that you think one man can make a democracy do anything is disturbing.
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aFicIoNadoS
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Posted 10:32 pm, 08/14/2018
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The fact that you think that this country has ever slipped from greatness is disturbing.
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sassy62
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Posted 10:18 pm, 08/14/2018
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Hide and watch......compromise, not Trump or any other one man, will continue to make this country great.
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aFicIoNadoS
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Posted 10:11 pm, 08/14/2018
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Trump is already ahead of you
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sassy62
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Posted 10:09 pm, 08/14/2018
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He is not the only one entitled to that opinion. Compromise made this country great. It will do it again.
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aFicIoNadoS
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Posted 9:48 pm, 08/14/2018
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That’s what Pappy just said
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sassy62
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Posted 9:22 pm, 08/14/2018
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Rabid in either direction is bad.
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Pappyspal
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Posted 8:37 pm, 08/14/2018
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FINS let's hope that your last paragraph will finally shut him up. A rabid Dem is just a as useless as a rabid Repub.
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aFicIoNadoS
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Posted 8:30 am, 08/14/2018
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Hairy, no one has said mean things to you. Well, unless you consider being called a liberal an insult. I know I would. Youve only been called out on your false logic and your ignorance.
You claim to have posted facts, but thats untrue. You posted bits of information that are correct, but out of context are meaningless. See, first of all the stock market goes up and down. Its well accepted that the market will not, no matter what is done, always go up. But lets look at the one event that has caused you to think the sky is falling. In February the market did have a record loss. There was a total of 3,200 points lost mostly on two days. But at the same time, at the close of the market on Feb 28, the DJIA was only about 1000 points off from when it opened on Feb 1.
So why did it take a severe turn? Most experts called it a market correction. Investors were worried over rising inflation. For the last 10 years the FED has been trying to control inflation by keeping interest rates low. Really theyve been doing so since the DotCom bubble burst under Clinton. This helped to keep the economy from diving into a depression, and it helped the economy recover faster than it would have naturally. But that said, eventually interest rates have to come up and inflation has to rise again. Inflation is natural.
From CNN Money on Feb 8.
The economy is strong, but investors are worried about inflation, and the possibility that the Federal Reserve will raise interest rates faster than expected to fight it. The 10-year Treasury yield briefly hit a four-year high of 2.88%. The bond market is a decent indicator of fears about inflation."The bond market has definitely got the stock market's attention," said Ryan Detrick, senior market strategist at LPL Financial. "Is the bond market telling us something we don't know? Is there more inflation down the road than we're expecting?" As for your list of highly loaded questions that you think you have been creative in writing so that no one will see that you are deeply biased and not at all interested in real debate, well, none of those are answerable without you learning to understand how the market works. because really, your entire claims are based on the idea that the POTUS actually has some control on the market. I mean really, your whole winded manifesto is based on the idea that Trump quit talking about the stock market. You ignore the fact though that before anything else, Trump is a showman. All politicians are, but he more so than any other. And a showman isnt going to waste time talking about things that arent over the top. But as already explained, the market cant stay over the top forever. Eventually it had to settle in.
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Harbinger
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Posted 7:19 am, 08/14/2018
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Oh no…
A handful of anonymous cowards on Goashe are saying mean things about me. I’m shattered. However will I live with myself? The horror…
But wait… I just thought of something… oh yea, that’s right, it doesn’t matter what you call me… it doesn’t even matter if I am the plagiarizing, communist, lowlife you apparently think I am… The Dow still lost 12 percent of its value in a short period of time earlier this year. The Dow has still barely grown 2 percent on the year. And Donald Trump, who was more than willing to take credit for a bull stock market he did not create, has now fallen conspicuously silent on the subject.
When I started this thread, I had hoped to spark a conversation about the implication of these FACTS. Silly me. But being ever the optimist, I will try again.
Now let’s see… how to communicate with adults who act like children… hummmmmm….
I got it. Yes or no questions. That’s the ticket. So here we go, yes or no:
Did the Dow lose 12 percent of its value earlier this year? Has the Dow stalled at rate of growth that barely matches the rate of inflation? Did Donald Trump claim again and again to have created hundreds of billions of dollars of wealth based on what at one time was a bull market? Is he continuing to make such claims? Did said bull market start nearly 8 years before Trump took office? Do rational people have reason to believe another market correction might happen? And special bonus essay question: If the economy mirrors the performance of the Dow and either stalls or goes down the rat hole, will Trump do what’s right for the country or will he make an endless string of excuses and lies designed to protect his reputation? Please explain your reasoning.
CYA tomorrow Harbinger out
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jack rip her
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Posted 7:41 pm, 08/13/2018
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Frugal, my bet is Harbone is still scratching his head after that post. But in all reality it goes right through his liberal brain washed brain.
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Tiger's Blood
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Posted 5:47 pm, 08/13/2018
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FINS ... we've come together over time. While we do disagree on most issues, we have that mutual respect and treat each other with said respect (Timmy and the secretary helped with that). That said, I'm rather enjoying the economy right now. Working for me is optional. I choose to live a high end lifestyle and since Trump took office, I've been living high off the hog. I can only imagine Harboner's McPayCheck can barely cover his Netflix and p**nHub habit.
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aFicIoNadoS
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Posted 5:02 pm, 08/13/2018
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I’m hurt Tiger. I thought we were closer than that.
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Frugal
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Posted 4:01 pm, 08/13/2018
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Har.... Not going to argue with you about the market as any effort to convince a liberal is futile at best and a waste of energy at most...
However, FYI, you can view a 50 year chart of the SPY S&P 500. If you have the aptitude and ability to understand and interpret charting one will see there have been huge moves in the averages up/down among each administration that has occupied the White House.
Are you aware that you can make as much if not more money trading a declining market as one that is advancing??? If in doubt, look up shorting the market as I neither have the time or energy to waste on explaining as I did recently on my posts last Saturday.
Once again I must reiterate that based on your recent posts; IMHO, You are still a Communist!!!
I am posting an email below I received this AM attributed to an elderly ladies opine of Obama... If Dawg, Fins or some other Patriot would like to copy and paste this as a separate thread, by all means, please do so...
THE OLDER LADY WHO LOVES BHO
This is certainly a different way to look at what has been happening...first term made the change and the second term solidified everything!
One 82-year-old lady loves Barack Hussein Obama and she may have a very good point. She says that Obama was amazing, and was rebuilding the American dream! She gives us an entirely new slant on the "amazing" job Obama did and she says that she thanks God for the former President.
Keep reading for her additional comments and an explanation. When discussing Obama, she says:
1. Obama destroyed the Clinton Political Machine, driving a stake through the heart of Hillary's presidential aspirations, something no Republican was ever able to do.
2. Obama killed off the Kennedy Dynasty, no more Kennedys trolling Washington looking for booze and women wanting rides home.
3. Obama exposed and destroyed the Democratic Party before our eyes! Dennis Moore had never lost a race. Evan Bayh had never lost a race. Byron Dorgan had never lost a race. Harry Reid is GONE! These are just a handful of the Democrats whose political careers Obama had destroyed. By the end of 2016, dozens more were gone. Just think, in December of 2008 the Democrats were on the rise. In two election cycles, they had picked up 14 Senate seats and 52 House seats. The press was touting the death of the Conservative Movement and the Republican Party. However, in just one term, Obama put a stop to all of this and gave the House and the Senate back to the Republicans.
4. Obama has completely exposed liberals and progressives for what they are Sadly, every generation seems to need to re-learn the lesson on why they should never actually put liberals in charge. Obama is bringing home the lesson very well: Liberals tax, borrowand spend. Liberals won't bring themselves to protect America. Liberals want to take over the economy. Liberals think they know what is best for everyone. Liberals are not happy until they are running YOUR life.
5. Obama has brought more Americans back to conservatism than anyone since Reagan. In one term, he had rejuvenated the Conservative Movement and brought out to the streets millions of freedom loving Americans. Name one other time when you saw your friends and neighbors this interested in taking back America!
6. Obama, with his "amazing leadership, "had sparked the greatest period of sales of firearms and ammunition this country has seen. Law abiding citizens have rallied and have provided a "stimulus" to the sporting goods field while other industries have failed, faded, or moved off-shore.
7. In all honesty, four years ago America was more afraid than in our lifetime. Not afraid of the economy, but afraid of the direction our country was going. Many thought, Americans had forgotten what this country is all about. Neighbors and friends, even strangers, have proved to that our lack of confidence in the greatness and wisdom of the American people had been flat wrong.
8. When the American people wake up, no smooth talking teleprompter reader can fool them! Barack Hussein Obama has served to wake up these great Americans! Again, we want to say: "Thank you, Barack Hussein Obama!" After all, this is exactly the kind of hope and change we desperately needed!
9. He has saved Jimmy Carter’s legacy and made Jimmy Carter happy, since Jimmy is no longer the worst president we've ever had. Credit goes to where credit is due. KEEP AMERICA GREAT!!! THANK YOU BARACK HUSSEIN OBAMA
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Tiger's Blood
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Posted 12:35 pm, 08/13/2018
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I'm no fan of FINS or Jack here ... but I have side with them on this one. My portfolio has increased incredibly since Trump entered office. Investments on all fronts are paying off. I don't know where Harboner is investing, but I suggest changing the losing strategy and getting with the winning team.
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jack rip her
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Posted 11:50 am, 08/13/2018
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Fun fact, in June 2016 the dow sat at 17950, today it sits at over 24000. So what are you blaming on Trump?
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jack rip her
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Posted 10:02 am, 08/13/2018
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The drop you keep harping on did not affect any A rated stocks. Why do you keep trying to blame Trump for the drop? In case you havent noticed Trump moves on from tasks. Notice that not a word from anyone on the cost of health insurance.
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