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Author Topic: What will the primitives say about the DOW closing at an all-time high on 11/10?  (Read 1078 times)

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Offline BattleHymn

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What will the primitives say about the DOW closing at an all-time high on 11/10?
« on: November 11, 2016, 08:59:14 AM »
We all remember the doom and gloom the primitives were postulating on, and that the DJIA is going to tank, all the markets the world over will take a bath, blah blah.  Well, that didn't happen.  As a matter of fact, the DJIA closed at its highest ever on 11/10/16. 

https://en.wikipedia.org/wiki/Closing_milestones_of_the_Dow_Jones_Industrial_Average#The_2010s_Bull_Market_.282009.E2.80.93Present.29

Since we can't peer into the hive until a yet to be determined date, we can only guess what might be going through the primitive mind. 

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Offline Carl

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Re: What will the primitives say about the DOW closing at an all-time high on 11/10?
« Reply #1 on: November 11, 2016, 09:01:29 AM »
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Offline BattleHymn

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Re: What will the primitives say about the DOW closing at an all-time high on 11/10?
« Reply #2 on: November 11, 2016, 09:04:04 AM »
Didn't Krugman kill himself election night?  He was having a grade A meltdown on twitter on Wednesday morning.
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Offline Movie buff- The Sequel

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Re: What will the primitives say about the DOW closing at an all-time high on 11/10?
« Reply #3 on: November 11, 2016, 10:16:23 AM »
I'd say it's obvious what they're going to say:
"Another victory for evil corporate greed! Every one of those monsters should be put in prison, and their assets transferred to all of us! DOWN WITH CAPITALISM!!!!!!ELEVENTY!"
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Offline landofconfusion80

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Re: What will the primitives say about the DOW closing at an all-time high on 11/10?
« Reply #4 on: November 11, 2016, 10:18:31 AM »
Quote from: BattleHymn on November 11, 2016, 09:04:04 AM
Didn't Krugman kill himself election night?  He was having a grade A meltdown on twitter on Wednesday morning.
Wish he would... those pug eyes freak me out. 

Anyway, what's interesting about the market is how it usually falls when an incumbent party loses power. Not so much this time.  As of now, the bond market is down which is good, I believe that there was a whole lot of cash sidelined that will contribute to a rally, hopefully carrying through the first of the year.  Oil, healthcare, defense and finance will be the bigger sectors to watch.

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One Who Grows (244 posts)
20. absolute bullshit. the cave is unspeakably vile.

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Offline 67 Rover

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Re: What will the primitives say about the DOW closing at an all-time high on 11/10?
« Reply #5 on: November 11, 2016, 11:10:54 AM »
100% tax after $100,000. Nobody needs that much money when artists are starving. Damn Jooooosss.
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Offline dutch508

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Re: What will the primitives say about the DOW closing at an all-time high on 11/10?
« Reply #6 on: November 11, 2016, 11:20:56 AM »
It's always the JOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!...


 :hammer:
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Offline GOP Congress

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Re: What will the primitives say about the DOW closing at an all-time high on 11/10?
« Reply #7 on: November 11, 2016, 11:27:28 AM »
I had my binaries (binary option account) set up to select "UP" for up every three minutes between open and close for 100 transactions at 5$. I won 77 of them, lost 21, and pushed (tied) on 2 (within 10-cent threshhold) for $275 profit (minus $34 for fees).

So far I'm 3 for 3, the last two elections I selected "down," though last time around I only made $38 out of 50 transactions. But this was definitely going up so I set the trigger to every 3 minutes.
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Offline CollectivismMustDie

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Re: What will the primitives say about the DOW closing at an all-time high on 11/10?
« Reply #8 on: November 11, 2016, 12:08:35 PM »
I voted Joooooooos.


Really though, the primitives would just say that stocks, bonds and that sort of financial stuff is for the rich.





CMD
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Offline FiddyBeowulf

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Re: What will the primitives say about the DOW closing at an all-time high on 11/10?
« Reply #9 on: November 11, 2016, 12:14:22 PM »
Quote from: Carl on November 11, 2016, 09:01:29 AM
http://dailycaller.com/2016/11/09/paul-krugman-says-markets-will-never-recover-from-trump-dow-hits-record-high/


Yet they still run to this ignorant buffoon for financial opinions.
How is this guy still employed? He is almost always wrong when making financial predictions and not just a little wrong either. Think 180 degrees wrong.
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Offline SVPete

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Re: What will the primitives say about the DOW closing at an all-time high on 11/10?
« Reply #10 on: November 11, 2016, 02:27:34 PM »
Quote from: FiddyBeowulf on November 11, 2016, 12:14:22 PM
How is this guy still employed? He is almost always wrong when making financial predictions and not just a little wrong either. Think 180 degrees wrong.

He tickles the right ears the right way.
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Offline BlueStateSaint

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Re: What will the primitives say about the DOW closing at an all-time high on 11/10?
« Reply #11 on: November 11, 2016, 02:29:14 PM »
Quote from: CollectivismMustDie on November 11, 2016, 12:08:35 PM
I voted Joooooooos.


Really though, the primitives would just say that stocks, bonds and that sort of financial stuff is for the rich.





CMD

So did I.  Primitives have to understand that it's the other side that now represents the working man, and their side that represents the evil rich . . .
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Offline Patriot Guard Rider

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Re: What will the primitives say about the DOW closing at an all-time high on 11/10?
« Reply #12 on: November 11, 2016, 02:33:23 PM »
They'll say the financial sector has finally realized how good jugears fiscal policy is. Trump had nothing to do with it.
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Offline DUmpDiver

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Re: What will the primitives say about the DOW closing at an all-time high on 11/10?
« Reply #13 on: November 11, 2016, 08:23:26 PM »
Dow posts best week since 2011 after Donald Trump election win

http://www.cnbc.com/2016/11/11/us-markets.html
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Offline BattleHymn

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Re: What will the primitives say about the DOW closing at an all-time high on 11/10?
« Reply #14 on: November 23, 2016, 05:16:30 PM »
Here's our answer...

http://www.democraticunderground.com/10028300221

Quote
Wed Nov 23, 2016, 03:54 PM
Star Member spanone (88,209 posts)

the media is attributing stock market climb to trump

when the republicans last left the white house the dow was at 6,000.

the market has been on the upswing for EIGHT years.

this has shit to do with trump.



Quote
Wed Nov 23, 2016, 04:01 PM
Star Member hibbing (4,142 posts)
2. of course they are

Someone once posted a graph on here that overall, the market goes up more under Democratic presidents than when the other party is in power.

Oh really? 



Quote
Wed Nov 23, 2016, 04:35 PM
hughee99 (14,416 posts)
10. On election night, the media was attributing the stock market drop to trump as well.

This sort of thing makes it difficult to take the media's word for it when they attribute stock market activity to something.

So NOW you don't trust the media?  You are an idiot.
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Offline Patriot Guard Rider

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Re: What will the primitives say about the DOW closing at an all-time high on 11/10?
« Reply #15 on: November 23, 2016, 05:43:32 PM »
My answer isn't up there.

That is, "Obama's economic policies are just kicking in and Trump gets the credit".
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Liberals disgust me. (Now I don't have to remember to put it on each post).

Because only the left goes searching for that which is not there in a desperate attempt to be offended about something.

"If ye love wealth better than liberty, the tranquility of servitude better than the animating contest of freedom, go home from us in peace. We ask not your counsels or your arms. Crouch down and lick the hands which feed you. May your chains set lightly upon you, and may posterity forget that you were our countrymen." - Samuel Adams

Many people do not see evil until the gas is flowing into the chamber. That is why they get on the trains in the first place.

Offline I_B_Perky

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Re: What will the primitives say about the DOW closing at an all-time high on 11/10?
« Reply #16 on: November 23, 2016, 06:44:52 PM »
It is all due to obumbles is what my vote was. I based my vote on the liberals comments on NBC and CNBC saying it was obumbles and it will all crash come January 20th, 2017.

As for the dummies... none of them have two pennies to run together so they do not care about the market.
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Offline landofconfusion80

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Re: What will the primitives say about the DOW closing at an all-time high on 11/10?
« Reply #17 on: November 23, 2016, 07:11:14 PM »
Quote from: FiddyBeowulf on November 11, 2016, 12:14:22 PM
How is this guy still employed? He is almost always wrong when making financial predictions and not just a little wrong either. Think 180 degrees wrong.
Cramer has a 20% success rate on his picks. Not a fan.

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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 Ralph Wiggum

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Re: What will the primitives say about the DOW closing at an all-time high on 11/10?
« Reply #18 on: November 23, 2016, 07:22:55 PM »
Quote from: BattleHymn on November 11, 2016, 09:04:04 AM
Didn't Krugman kill himself election night?  He was having a grade A meltdown on twitter on Wednesday morning.
Link:

http://www.nytimes.com/interactive/projects/cp/opinion/election-night-2016/paul-krugman-the-economic-fallout

Krugman predicted a worldwide recession at the very least. 
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Offline jukin

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Re: What will the primitives say about the DOW closing at an all-time high on 11/10?
« Reply #19 on: November 23, 2016, 08:02:29 PM »
How do the DUches explain consumer confidence soaring to levels not seen since the halfrican was illegally reelected.
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