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#Post#: 20478--------------------------------------------------
Hey Rapids wanna make a comment again about Obama and the stock
market?
By: p2_d Date: August 24, 2015, 8:44 am
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Its dropping like a rock. Seeing as you wanted to give him
credit for its rise. What say you now?
:0
#Post#: 20479--------------------------------------------------
Re: Hey Rapids wanna make a comment again about Obama and the st
ock market?
By: trollslayer Date: August 24, 2015, 9:19 am
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After a 1000 point drop, it's "rallied" to 16,000. Did he have
a bad game over the weekend or what? :D
#Post#: 20481--------------------------------------------------
Re: Hey Rapids wanna make a comment again about Obama and the st
ock market?
By: rapids_60 Date: August 24, 2015, 4:20 pm
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What's there to comment on? If he's at fault for the bad,
then he gets credit for the good. And vice-versa.
Incidentally I predicted this crash about 2 weeks ago and
suggested getting out ASAP. lol. Best free investing advice
you got this year :)
HTML http://thewiforum.createaforum.com/state-topics/welcome-to-the-new-epa/?message=20264
#Post#: 20486--------------------------------------------------
Re: Hey Rapids wanna make a comment again about Obama and the st
ock market?
By: Mr.steve Date: August 24, 2015, 6:05 pm
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The free fall isn't done yet folks! Most of todays loss with be
recovered by Friday but watch out for next Monday or the Monday
after that.
#Post#: 20487--------------------------------------------------
Re: Hey Rapids wanna make a comment again about Obama and the st
ock market?
By: Linda Lou Date: August 24, 2015, 6:26 pm
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It saddens me that people would ROOT for the stock market to do
badly just so they can bash the President.
SOME of us have worked hard to build up a pretty nice 401K, and
would like to see it do well.
#Post#: 20491--------------------------------------------------
Re: Hey Rapids wanna make a comment again about Obama and the st
ock market?
By: Mr.steve Date: August 24, 2015, 7:15 pm
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[quote] It saddens me that people would ROOT for the stock
market to do badly just so they can bash the President.
SOME of us have worked hard to build up a pretty nice 401K, and
would like to see it do well. [/quote]
Get rid of the central bank( around the world) and things would
be SOOOOOOOOOOOO much better.
#Post#: 20493--------------------------------------------------
Re: Hey Rapids wanna make a comment again about Obama and the st
ock market?
By: Snickers Date: August 24, 2015, 8:34 pm
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They say China is on the verge of collapse. If that's so they
will be broke and in need of money.
I say we should tighten our belt and offer to buy back out
debt from them pennies on the dollar.
#Post#: 20495--------------------------------------------------
Re: Hey Rapids wanna make a comment again about Obama and the st
ock market?
By: Sheila Date: August 24, 2015, 9:34 pm
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[quote author=rapids_60 link=topic=1481.msg20481#msg20481
date=1440451252]
What's there to comment on? If he's at fault for the bad,
then he gets credit for the good. And vice-versa.
Incidentally I predicted this crash about 2 weeks ago and
suggested getting out ASAP. lol. Best free investing advice
you got this year :)
HTML http://thewiforum.createaforum.com/state-topics/welcome-to-the-new-epa/?message=20264
[/quote]
Yes, you did. And thank you for that as I adjusted accordingly.
;)
#Post#: 20496--------------------------------------------------
Re: Hey Rapids wanna make a comment again about Obama and the st
ock market?
By: rapids_60 Date: August 24, 2015, 11:20 pm
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[quote author=Snickers link=topic=1481.msg20493#msg20493
date=1440466467]
They say China is on the verge of collapse. If that's so they
will be broke and in need of money.
I say we should tighten our belt and offer to buy back out
debt from them pennies on the dollar.
[/quote]
Hard to tell what's really going on over there, the commies
aren't known for accurate financial information. But it's a
reasonable assumption that China's growth could not be
sustained, much of it's economy is a Potemkin village...in some
ways literally. They've built complete cities that sit
unoccupied to keep the economy moving. Devaluing the currency
last week was a hail mary if you ask me.
It's leaders are petrified of civilian unrest, depending on how
far they fall and how quickly, this could be quite an event.
Time after time China comes *this close* to being a world power,
then the peasants get angry, find sharp objects and the revolt
sends them back to the stone age.
They own about 7% of US debt. Pffft. I'd pay them back with
Carl's JR coupons. What are they going to do about it, stop
selling us their lead-painted antifreeze-tainted children's
toys? Who collapses then?
"That's a real nice export business you have there. Real shame
if something were to happen to it"
#Post#: 20498--------------------------------------------------
Re: Hey Rapids wanna make a comment again about Obama and the st
ock market?
By: p2_d Date: August 25, 2015, 7:12 am
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"Incidentally I predicted this crash about 2 weeks ago and
suggested getting out ASAP. lol. Best free investing advice
you got this year :)"
Silly me I look at this recent downturn as a once every five
year sale. A chance to stock up on some great values that are
selling really cheap right now. Instead of getting out I am
putting more in.
"It saddens me that people would ROOT for the stock market to do
badly just so they can bash the President.
SOME of us have worked hard to build up a pretty nice 401K, and
would like to see it do well."
If you are directing that towards me, my posting this was into a
claim made giving the president credit for the high numbers on
the DJ. I pointed out then that while the numbers were high only
a few of the stocks in the DJ were propping up the high price. I
understand that the president may have an effect on the market
it is not he alone that is the only influence. Greece and China
and fears of other countries bad economic situation that is
driving the recent drop. Fear of an interest rate here is adding
to the jitters on the market. As always as one who watches the
market and has a vested interest in in performing well I
understand that uncertainty is what causes these fluctuations
and that a correction every few years is necessary. If the
market went nowhere but up at some point it would have to burst
and the burst then would be much worse than what we have seen
this week. if you are in the market for the long haul (I am) I
see this as I said earlier as a chance to use 2015 dollars to
buy stocks at 2010 prices. Wish I could do that when I shop for
a car.
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