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Author Topic: Don't look at your 401K... DOW down 1100+ AGAIN.  (Read 624 times)

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Offline CC27

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Don't look at your 401K... DOW down 1100+ AGAIN.
« on: May 18, 2022, 01:38:56 PM »
Quote
Star Member WarGamer (5,437 posts)


Don't look at your 401K... DOW down 1100+ AGAIN.

Bad day unless you shorted SPY at EOD yesterday...

I had a few puts but sold too early this morning and missed a 25X return.

On the bright side, ****erberg, Musk and Bezos are losing billions today.

Jerome Powell yesterday after FOMC meeting...

"I can't guarantee a soft landing"... possibly "softish".



https://www.democraticunderground.com/100216704621

I have a feeling this DUmmie saw this on Facebook and posted it at the DUmp.
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Offline Texacon

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Re: Don't look at your 401K... DOW down 1100+ AGAIN.
« Reply #1 on: May 18, 2022, 01:42:32 PM »
Jeeze these people are stupid.  Huge indicator of how the economy is, and they mentioned it a LOT when Trump was president, now it's all "meh, no big deal, Biden didn't do it, doesn't affect me ... blah, blah, blah."

I wonder how many of them realize places like insurance companies get some of their proceeds from the market and if it drops, they raise premiums.  Or at least they used to, I don't know about now.

KC
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Offline USA4ME

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Re: Don't look at your 401K... DOW down 1100+ AGAIN.
« Reply #2 on: May 18, 2022, 02:32:23 PM »
Wargamer primitive acting like they’re winning in the market when the case is they’re either losing big time or they don’t have 2 nickels to rub together to put into the market.

Attn primitives, don’t try this junk. None of you are smarter than any of us. We know you’re lying.

.
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Offline jukin

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Re: Don't look at your 401K... DOW down 1100+ AGAIN.
« Reply #3 on: May 18, 2022, 04:23:19 PM »
Ad this inflated gain since Joey the pedophile has been in office by $6 trillion in borrowing and $5 trillion in Fed QE injections has been erased.

"THE BIDEN ECONOMIC PLAN IS WORKING!"
Joey the Pedophile
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Offline SVPete

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Re: Don't look at your 401K... DOW down 1100+ AGAIN.
« Reply #4 on: May 18, 2022, 04:30:20 PM »
 :ownit:


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Offline landofconfusion80

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Re: Don't look at your 401K... DOW down 1100+ AGAIN.
« Reply #5 on: May 18, 2022, 09:49:02 PM »
You don't lose anything if you don't sell in a drop.
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One Who Grows (244 posts)
20. absolute bullshit. the cave is unspeakably vile.

I don't know how any of you can live with yourselves.

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Offline Karin

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Re: Don't look at your 401K... DOW down 1100+ AGAIN.
« Reply #6 on: May 19, 2022, 08:15:06 AM »
From another thread:

Quote
Star Member at140 (5,680 posts)

9. Economy did great with those stimulus checks

Just send every American a $5000 deposit to their bank account,
and see how fast the stocks go up, retail sales pick up and economy booms again.

How economically illiterate can you get?

And this DUmmie thinks he knows why the Dow tanked:

Quote
Lovie777 (3,957 posts)

7. I thought because of the GQP's winners in the primary ...

last night.

https://www.democraticunderground.com/10142918815
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Offline SVPete

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Re: Don't look at your 401K... DOW down 1100+ AGAIN.
« Reply #7 on: May 19, 2022, 08:31:28 AM »
Quote
Lovie777 (3,957 posts)

7. I thought because of the GQP's winners in the primary ...

last night.

The DJIA has been down - with a brief partial recovery and plateau - since peaking around January 4, 2022, https://finance.yahoo.com/quote/^DJI/chart/#eyJpbnRlcnZhbCI6ImRheSIsInBlcmlvZGljaXR5IjoxLCJ0aW1lVW5pdCI6bnVsbCwiY2FuZGxlV2lkdGgiOjgsImZsaXBwZWQiOmZhbHNlLCJ2b2x1bWVVbmRlcmxheSI6dHJ1ZSwiYWRqIjp0cnVlLCJjcm9zc2hhaXIiOnRydWUsImNoYXJ0VHlwZSI6ImxpbmUiLCJleHRlbmRlZCI6ZmFsc2UsIm1hcmtldFNlc3Npb25zIjp7fSwiYWdncmVnYXRpb25UeXBlIjoib2hsYyIsImNoYXJ0U2NhbGUiOiJsaW5lYXIiLCJzdHVkaWVzIjp7IuKAjHZvbCB1bmRy4oCMIjp7InR5cGUiOiJ2b2wgdW5kciIsImlucHV0cyI6eyJpZCI6IuKAjHZvbCB1bmRy4oCMIiwiZGlzcGxheSI6IuKAjHZvbCB1bmRy4oCMIn0sIm91dHB1dHMiOnsiVXAgVm9sdW1lIjoiIzAwYjA2MSIsIkRvd24gVm9sdW1lIjoiI2ZmMzMzYSJ9LCJwYW5lbCI6ImNoYXJ0IiwicGFyYW1ldGVycyI6eyJ3aWR0aEZhY3RvciI6MC40NSwiY2hhcnROYW1lIjoiY2hhcnQifX19LCJwYW5lbHMiOnsiY2hhcnQiOnsicGVyY2VudCI6MSwiZGlzcGxheSI6Il5ESkkiLCJjaGFydE5hbWUiOiJjaGFydCIsImluZGV4IjowLCJ5QXhpcyI6eyJuYW1lIjoiY2hhcnQiLCJwb3NpdGlvbiI6bnVsbH0sInlheGlzTEhTIjpbXSwieWF4aXNSSFMiOlsiY2hhcnQiLCLigIx2b2wgdW5kcuKAjCJdfX0sInNldFNwYW4iOnt9LCJsaW5lV2lkdGgiOjIsInN0cmlwZWRCYWNrZ3JvdW5kIjp0cnVlLCJldmVudHMiOnRydWUsImNvbG9yIjoiIzAwODFmMiIsInN0cmlwZWRCYWNrZ3JvdWQiOnRydWUsImV2ZW50TWFwIjp7ImNvcnBvcmF0ZSI6eyJkaXZzIjp0cnVlLCJzcGxpdHMiOnRydWV9LCJzaWdEZXYiOnt9fSwic3ltYm9scyI6W3sic3ltYm9sIjoiXkRKSSIsInN5bWJvbE9iamVjdCI6eyJzeW1ib2wiOiJeREpJIiwicXVvdGVUeXBlIjoiSU5ERVgiLCJleGNoYW5nZVRpbWVab25lIjoiQW1lcmljYS9OZXdfWW9yayJ9LCJwZXJpb2RpY2l0eSI6MSwiaW50ZXJ2YWwiOiJkYXkiLCJ0aW1lVW5pdCI6bnVsbCwic2V0U3BhbiI6e319XX0- . The DJIA is down ~4,000 in 2022, so far, not that facts matter on DU.
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If, as anti-Covid-vaxxers claim, https://www.poynter.org/fact-checking/2021/robert-f-kennedy-jr-said-the-covid-19-vaccine-is-the-deadliest-vaccine-ever-made-thats-not-true/ , https://gospelnewsnetwork.org/2021/11/23/covid-shots-are-the-deadliest-vaccines-in-medical-history/ , The Vaccine is deadly, where in the US have Pfizer and Moderna hidden the millions of bodies of those who died of "vaccine injury"? Is reality a Big Pharma Shill?

Millions now living should have died. Anti-Covid-Vaxxer ghouls hardest hit.

Offline DefiantSix

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Re: Don't look at your 401K... DOW down 1100+ AGAIN.
« Reply #8 on: May 19, 2022, 08:42:10 AM »
Quote from: Karin on May 19, 2022, 08:15:06 AM
...And this DUmmie thinks he knows why the Dow tanked:

Quote
Lovie777 (3,957 posts)

7. I thought because of the GQP's winners in the primary ...

last night.


DUmmies think lots of things that have very little grounding in reality. It's why they're DUmmies...
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Offline 67 Rover

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Re: Don't look at your 401K... DOW down 1100+ AGAIN.
« Reply #9 on: May 19, 2022, 09:05:17 AM »
Quote
Star Member at140 (5,680 posts)

9. Economy did great with those stimulus checks

Just send every American a $5000 deposit to their bank account,
and see how fast the stocks go up, retail sales pick up and economy booms again.

Let me guess another Boston University graduate.  :banghead:
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Offline SVPete

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Re: Don't look at your 401K... DOW down 1100+ AGAIN.
« Reply #10 on: May 19, 2022, 09:15:32 AM »
Quote from: 67 Rover on May 19, 2022, 09:05:17 AM
Let me guess another Boston University graduate.  :banghead:

Or drop-out, same thing basically. :rimshot:
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If, as anti-Covid-vaxxers claim, https://www.poynter.org/fact-checking/2021/robert-f-kennedy-jr-said-the-covid-19-vaccine-is-the-deadliest-vaccine-ever-made-thats-not-true/ , https://gospelnewsnetwork.org/2021/11/23/covid-shots-are-the-deadliest-vaccines-in-medical-history/ , The Vaccine is deadly, where in the US have Pfizer and Moderna hidden the millions of bodies of those who died of "vaccine injury"? Is reality a Big Pharma Shill?

Millions now living should have died. Anti-Covid-Vaxxer ghouls hardest hit.

Offline Aristotelian

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Re: Don't look at your 401K... DOW down 1100+ AGAIN.
« Reply #11 on: May 19, 2022, 09:41:45 AM »
Quote from: Star Member at140 (5,680 posts)
9. Economy did great with those stimulus checks

Just send every American a $5000 deposit to their bank account,
and see how fast the stocks go up, retail sales pick up and economy booms again.

Absolutely - but why stop at $5000, let's make that $500,000. Those people will be spending thousands upon thousands, the stock will be worth millions...and let's ignore the fact that those millions won't be able to buy anything more than a single coffee.
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Offline Ralph Wiggum

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Re: Don't look at your 401K... DOW down 1100+ AGAIN.
« Reply #12 on: May 19, 2022, 01:58:46 PM »
Anyone remember when the Dow plummeted during the President GW Bush terms and President Trump and the DUmmies were positively orgasmic? Pepperidge Farms does.
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Offline jukin

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Re: Don't look at your 401K... DOW down 1100+ AGAIN.
« Reply #13 on: May 19, 2022, 04:24:21 PM »
So the major indices are all lower than when Joey Shits His Pants was illegally installed as pretendent.
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When you are the beneficiary of someone’s kindness and generosity, it produces a sense of gratitude and community.

When you are the beneficiary of a policy that steals from someone and gives it to you in return for your vote, it produces a sense of entitlement and dependency.

Offline I_B_Perky

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Re: Don't look at your 401K... DOW down 1100+ AGAIN.
« Reply #14 on: May 22, 2022, 05:43:42 PM »
Quote from: Texacon on May 18, 2022, 01:42:32 PM
Jeeze these people are stupid.  Huge indicator of how the economy is, and they mentioned it a LOT when Trump was president, now it's all "meh, no big deal, Biden didn't do it, doesn't affect me ... blah, blah, blah."

I wonder how many of them realize places like insurance companies get some of their proceeds from the market and if it drops, they raise premiums.  Or at least they used to, I don't know about now.

KC

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Offline CollectivismMustDie

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Re: Don't look at your 401K... DOW down 1100+ AGAIN.
« Reply #15 on: May 22, 2022, 07:03:40 PM »
Quote
Star Member at140 (5,680 posts)

9. Economy did great with those stimulus checks

Just send every American a $5000 deposit to their bank account,
and see how fast the stocks go up, retail sales pick up and economy booms again.

Understanding cause and effect is something they dare not do.

Mamet made right, again.
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Offline Rebel

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Re: Don't look at your 401K... DOW down 1100+ AGAIN.
« Reply #16 on: May 22, 2022, 08:40:46 PM »
My 401K was kicking ASS under Trump. SUCKING ASS under Biden. GFYS Biden voters.
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Offline freedumb2003b

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Re: Don't look at your 401K... DOW down 1100+ AGAIN.
« Reply #17 on: May 22, 2022, 09:02:24 PM »
Quote from: jukin on May 18, 2022, 04:23:19 PM
Ad this inflated gain since Joey the pedophile has been in office by $6 trillion in borrowing and $5 trillion in Fed QE injections has been erased.

"THE BIDEN ECONOMIC PLAN IS WORKING!"
Joey the Pedophile

It has cost my portfolio over $300,000. At this rate a lifetime of saving will be wiped out inside a few years. My wealth advisor exoects there to be a positive correctiin "soon." God I hope so - I am praying the midterm red wave will pull my chestnuts out of the fire.

And I am broadly invested, too!
« Last Edit: May 22, 2022, 09:09:31 PM by freedumb2003b »
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