+ Vegas_Millennial Posted February 9 Posted February 9 Dow above 50,000! Lotus-eater, Kevin Slater, + Pensant and 2 others 1 4
samhexum Posted February 24 Posted February 24 I watched Cher speaking at Sonny's funeral tonight on YouTube. The Dow lost over 200 points to 7531 that day. I hope it eventually recovered.
Luv2play Posted February 24 Posted February 24 The Dow Jones could hit 40,000 soon, on the way back down. 😆 marylander1940 1
+ Vegas_Millennial Posted February 24 Posted February 24 1 hour ago, Luv2play said: The Dow Jones could hit 40,000 soon, on the way back down. 😆 It has room to fall...2025 was a spectacular year! + Pensant 1
Nue2thegame Posted February 24 Posted February 24 9 minutes ago, Vegas_Millennial said: It has room to fall...2025 was a spectacular year! Probably and hopefully not to 40,000. + Vegas_Millennial 1
Luv2play Posted February 24 Posted February 24 3 hours ago, Nue2thegame said: Probably and hopefully not to 40,000. Back in 2008 when markets crashed spectacularly, someone said “this is when money goes back to its rightful owners”. We could see it again.
Lotus-eater Posted February 27 Posted February 27 On 2/24/2026 at 3:48 PM, Luv2play said: Back in 2008 when markets crashed spectacularly, someone said “this is when money goes back to its rightful owners”. We could see it again. I guess the short sellers who did very well were the "rightful owners."
Luv2play Posted February 28 Posted February 28 3 hours ago, Lotus-eater said: I guess the short sellers who did very well were the "rightful owners." As I recall it was the margin buyers who got crushed. Relatively few short sellers came out winners. But on the latter I could be wrong. Memories fade. But the banks took a beating. I always thought that Obama should not have bailed them out to the extent he did.
Lotus-eater Posted February 28 Posted February 28 8 minutes ago, Luv2play said: As I recall it was the margin buyers who got crushed. Relatively few short sellers came out winners. But on the latter I could be wrong. Memories fade. But the banks took a beating. I always thought that Obama should not have bailed them out to the extent he did. The banks faced a liquidity crunch. Contrary to popular belief, financial firms (excluding the car companies) paid back the TARP funds with interest, which, along with asset sales, netted taxpayers about $50 billion.
topunderachiever Posted February 28 Posted February 28 On 2/24/2026 at 12:37 PM, Nue2thegame said: Probably and hopefully not to 40,000. 10% (45,000) is considered a "correction". 20% (down to 40,000) is a Bear Market and "typically occur once every 5–7 years, with major historical examples including 1929 (Great Depression), 1987 ("Black Monday"), 2000–2002 (Dot-com bubble), 2008 (Financial Crisis), 2020 (COVID-19), and 2022 (inflation/rate hikes). These declines are often triggered by economic recessions, geopolitical crises, or rapid asset bubble bursts." Luv2play 1
Kevin Slater Posted February 28 Posted February 28 2 hours ago, topunderachiever said: 10% (45,000) is considered a "correction". 20% (down to 40,000) is a Bear Market and "typically occur once every 5–7 years, with major historical examples including 1929 (Great Depression), 1987 ("Black Monday"), 2000–2002 (Dot-com bubble), 2008 (Financial Crisis), 2020 (COVID-19), and 2022 (inflation/rate hikes). These declines are often triggered by economic recessions, geopolitical crises, or rapid asset bubble bursts." Every five to seven years, people forget that the Dow has a correction every five to seven years. Kevin Slater mike carey, marylander1940 and + Vegas_Millennial 3
Luv2play Posted February 28 Posted February 28 6 minutes ago, Kevin Slater said: Every five to seven years, people forget that the Dow has a correction every five to seven years. Kevin Slater Monday’s market opening should be interesting. At this point any scenario is possible. The next 36 hours will tell.
Luv2play Posted February 28 Posted February 28 22 hours ago, Lotus-eater said: The banks faced a liquidity crunch. Contrary to popular belief, financial firms (excluding the car companies) paid back the TARP funds with interest, which, along with asset sales, netted taxpayers about $50 billion. The financial firms that survived paid back. There were others that collapsed and took investors’ funds with them. As Warren Buffet said at the time, when the tide goes out you find out who is naked. Some were found to have evaded regulations but faced no repercussions. Homeowners were less fortunate and millions lost their homes.
EZEtoGRU Posted March 3 Posted March 3 I’m astounded that we haven’t seen a correction yet on the Dow since the middle east events started over the weekend. I’m wondering if the markets even operate independently anymore…or are they being manipulated. In normal times, there would have been a huge pullback seems to me.
topunderachiever Posted March 3 Posted March 3 53 minutes ago, EZEtoGRU said: I’m wondering if the markets even operate independently anymore…or are they being manipulated. Manipulated by what? or whom? + Pensant, MikeBiDude and Lotus-eater 3
mike carey Posted Wednesday at 03:32 AM Posted Wednesday at 03:32 AM 10 hours ago, EZEtoGRU said: I’m astounded that we haven’t seen a correction yet on the Dow since the middle east events started over the weekend. I’m wondering if the markets even operate independently anymore…or are they being manipulated. In normal times, there would have been a huge pullback seems to me. I suspect 'the markets' (code for the herd of lemmings on Wall Street) think that the effects are predictable and likely to be short lasting. Is the 'smart money' (a term used with considerable caution) reflected in the gold price rather than the stock market? And if it's Wall Street, which index?
EZEtoGRU Posted Wednesday at 03:07 PM Posted Wednesday at 03:07 PM 11 hours ago, mike carey said: I suspect 'the markets' (code for the herd of lemmings on Wall Street) think that the effects are predictable and likely to be short lasting. Is the 'smart money' (a term used with considerable caution) reflected in the gold price rather than the stock market? And if it's Wall Street, which index? The DOW is flat today…up a little…down a little whilst chaos reigns in the Middle East. I still don’t get the disconnect between the stock market and global events currently.
+ BOZO T CLOWN Posted Wednesday at 05:07 PM Posted Wednesday at 05:07 PM 1 hour ago, EZEtoGRU said: The DOW is flat today…up a little…down a little whilst chaos reigns in the Middle East. I still don’t get the disconnect between the stock market and global events currently. "flat"? It's noon and the Dow is up 325 points. Hardly what anyone would call flat. NASDAQ and S & P each up over 1%. Big gains across the board... BTC 🤡 Luv2play 1
mike carey Posted Wednesday at 05:09 PM Posted Wednesday at 05:09 PM Dow movements in the last 24 hours are very important, meaningful. + Vegas_Millennial 1
EZEtoGRU Posted Wednesday at 05:39 PM Posted Wednesday at 05:39 PM Some posters seem to not understand how the stock market operates. It’s a dynamic exchange where stock shares are continually being bought and sold. The value of a given market (say the Dow) changes continuously throughout the day. It can be up at one moment and then be down five minutes later. Some posters seemingly understand that the market is static and once you look at the value at a given time during the trading day, that’s how it remains or has remained through the entire course of the day. Whoisyourdaddy and mike carey 2
Luv2play Posted yesterday at 12:51 AM Posted yesterday at 12:51 AM Well the Dow ended up at 47500 on the week. Where will it go next? My guess is down.
Lotus-eater Posted yesterday at 04:34 AM Posted yesterday at 04:34 AM (edited) On 3/4/2026 at 7:07 AM, EZEtoGRU said: The DOW is flat today…up a little…down a little whilst chaos reigns in the Middle East. I still don’t get the disconnect between the stock market and global events currently. Why do you suppose that you are better at assessing the impact of what's going in the Middle East on the future earnings of 30 American stocks than the people who traded about 2.75 billion shares of those stocks in the past week? And if you think that people are significantly underpricing the risks, you should have a large short position. 5 hours ago, Luv2play said: Well the Dow ended up at 47500 on the week. Where will it go next? My guess is down. You have a 50% chance of being right.🤪 Edited yesterday at 06:42 AM by Lotus-eater
EZEtoGRU Posted 18 hours ago Posted 18 hours ago Finally, some common sense in the stock market last week. It seemed like a delayed reaction to events in the middle east. I expect further reductions this week. With the recent job losses, increasing unemployment, ongoing affordability issues and surging oil prices...the US economy is in a downward spiral. Beancounter 1
marylander1940 Posted 4 hours ago Author Posted 4 hours ago 14 hours ago, EZEtoGRU said: Finally, some common sense in the stock market last week. It seemed like a delayed reaction to events in the middle east. I expect further reductions this week. With the recent job losses, increasing unemployment, ongoing affordability issues and surging oil prices...the US economy is in a downward spiral. And don't you forget about companies like BLOCK firing 40% of its employees because of AI. no job = no mortgage/rent, ability to pay back student loans, consumption, etc. Who's next? Block lays off nearly half its staff because of AI. Its CEO said most companies will do the same | CNN Business
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