mobeau69 (11,882 posts) Fri Mar 28, 2025, 12:58 PM
DOW is tanking. Thanks, you stupid orange moron. [View all]
If the "69" in your DU name refers to your birth year, you have time for the market to come back, which it will, probably very soon. I'm guessing, however, that the "69" probably refers to something your Dad showed you after everyone else went to bed.In any case, the market ebbs and flows. This particular drop came on the heels of reports of ACTUAL inflation, which definitely comes from the failure of the previous coke-snorting regime. I'm sure some fiscal and trade policy is calculated into that as well, but you have to break some eggs to make an omelet. I am curious why the DJIA has suddenly become such an important indicator for a group of people who have historically referred to Wall Street as a "rigged casino" run by "banksters." Wasn't it DU that cheered on Occupy Wall Street (spoiler: yeah, it was). Wasn't "bankster" one of the top epithets on DU?
What happened? Do you mean to tell me that the same people who were performing kabuki protests for their online friends were cheering the DJIA on in private, knowing that their retirement accounts were benefiting? THE DEVIL YOU SAY.
Anyway, here is the New Liberal Logic as of January 2025: "
The purpose of the United States government is to enact and manage fiscal policies that cause absolutely no disruption to the orderly increase of the DJIA, and which destroy the value of Tesla." That is, effectively, what those idiots demand. Anyway, what would be interesting is if someone computed the largest one-day drops in the DJIA by day since January 2021 and ranked them to see if the DUmb****s are forgetting anything. Yeah, that would be cool...
Date DJIA Pct Change Pvs Day
9/13/2022 31104.97 -3.94%
5/18/2022 31490.07 -3.57%
5/5/2022 32997.97 -3.12%
8/26/2022 32283.4 -3.03%
4/22/2022 33811.4 -2.82%
6/13/2022 30516.74 -2.79%
4/29/2022 32977.21 -2.77%
6/10/2022 31392.79 -2.73%
8/5/2024 38703.27 -2.60%
12/18/2024 42326.87 -2.58%
11/26/2021 34899.34 -2.53%
6/16/2022 29927.07 -2.42%
4/26/2022 33240.18 -2.38%
3/7/2022 32817.38 -2.37%
12/15/2022 33202.22 -2.25%
10/7/2022 29296.79 -2.11%
7/19/2021 33962.04 -2.09%
3/10/2025 41911.71 -2.08%
2/21/2023 33129.59 -2.06%
5/12/2021 33587.66 -1.99%
5/9/2022 32245.7 -1.99%
11/9/2022 32513.94 -1.95%
6/9/2022 32272.79 -1.94%
8/22/2022 33063.61 -1.91%
11/30/2021 34483.72 -1.86%
1/18/2023 33296.96 -1.81%
2/17/2022 34312.03 -1.78%
9/20/2021 33970.47 -1.78%
3/1/2022 33294.95 -1.76%
2/25/2021 31402.01 -1.75%
3/7/2023 32856.46 -1.72%
9/30/2022 28725.51 -1.71%
9/21/2022 30183.78 -1.70%
2/21/2025 43428.02 -1.69%
3/9/2023 32254.86 -1.66%
1/10/2025 41938.45 -1.63%
9/28/2021 34299.99 -1.63%
3/22/2023 32030.11 -1.63%
9/23/2022 29590.41 -1.62%
4/2/2024 39170.24 -1.60%
9/30/2021 33843.92 -1.59%
6/18/2021 33290.08 -1.58%
6/28/2022 30946.99 -1.56%
3/31/2022 34678.35 -1.56%
3/4/2025 42520.99 -1.55%
11/2/2022 32147.76 -1.55%
9/29/2022 29225.61 -1.54%
5/23/2024 39065.26 -1.53%
8/2/2024 39737.26 -1.51%
1/18/2022 35368.47 -1.51%
Well, shiver me timbers. It looks like Dementia Joe and the Moron Show presided over 19 of the 20 largest drops in the DJIA since January 2021. I wonder if DU excoriated him for that?
Now, to be completely intellectually honest, Slow Joe also happened to be in office for the many positive swings in the DJIA.
But none of that matters to DUmmies, who still claim to have
BROKERS that are reached by telephone (or beepers, I suppose). How does that conversation even go?
"Good morning, you've reached the offices of B.F. Hutton. Try to guess what the B.F. stands for. Can I help you?"
"Yes! I'm watching MSNBC and a strong independent black woman who don't need no man just said that Elon Musk is a racist! I want to sell all of my Tesla stock NOW!"
"Um, sir, you are a 68-year-old man on Social Security who wanders around grocery stores muttering about Vladimir Putin. You don't own any stock, let alone Tesla stock."
"Well, sell it anyway!"
"You don't have any to sell."
"Sell someone else's! NOW!"
"Do you mean you'd like to short Tesla?"
"You mean pull Musk's shorts down? YES! The world needs to see his micropenis!"
"No, I mean, would you like to borrow some Tesla to sell, and then buy it back later?"
"Why would I want to buy it? Just sell it!"
"That's not how shorting works, sir."
"MUSK IS A FASCIST!"
"Ding."
"What?"
"Ding."
"Huh?"
"Ding ding ding."The conversation you just read did not actually occur, because there are no ****ing retail brokers anymore, regardless of what the fossils stuck in 1970's amber would have you believe. Instead, the above is a conversation had between drunk, high DUmmy mobeau69 and his microwave as a Hot Pocket revolved inside on High. 
