Dow Nearing 30K. Time For You To Jump Off? by JEWELSTAITEFAN

Can't jump off when you've never jumped back on.

Que sera sera...

Guess I lost there like I did with Bitcoin. But the bright side is when the Dow finally crashes hard like Bitcoin did, I won't be one of the ones that lost their ass on it either.

It could be 1 year, or 2 years or 5 years or 10 years from now, but it will crash. All snark aside, I really do hope you're lucky and pull out at the right time buddy.

The only good thing that came out of the layoff from my last good job is that my 401k had been taken out of the extremely aggressive fund that had been getting nearly 30% returns for 5 years straight only a month before the bottom fell out. That literally would have ruined me and I never would have been able to buy a house.

Do Right, Be Right. :)

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Thursday, February 13, 2020 3:10 PM

Maybe NASDAQ will hit 10K before Dow hits 30K.

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Friday, February 14, 2020 6:26 PM

JONGSSTRAW

I'm quite sure we'll see both of those records happen fairly soon. Once they do reach those highs, however, I'll be placing Stop-Sell orders on all my stock holdings as a sensible precaution to protect the terrific profit I've earned during the last five years.

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Monday, November 16, 2020 2:47 PM

Dow has been trading over 29,900 today.

Rumor has it due to the Covid vaccination spurred by Trump's Warp Drive progam funding injection.

Just for reference, the current Top Dow Closes:

1. 29,551 12 February 2020.
2. 29,479 13 November 2020.
3. 29,423 13 February 2020.
4. 29,420 10 November 2020. Legal challenges against Election Fraud gearing up.
5. 29,398 14 February 2020
6. 29,397 11 November 2020.
7. 29,379 6 February 2020.
8. 29,348 17 January 2020.
8. 29,348 19 February 2020.
10. 29,297 16 January 2020.

11. 29,290 5 February 2020.
12. 29,276 10 February 2020.
13. 29,276 11 February 2020.
14. 29,232 18 February 2020.
15. 29,219 20 February 2020.
16. 29,196 21 January 2020, 3 years after Inauguration.
17. 29,186 22 January 2020.
18. 29,160 23 January 2020.
19. 29,157 9 November 2020.
20. 29,102 7 February 2020.

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Monday, November 16, 2020 4:36 PM

Today Dow closed at 29,950. That is a new Record All-Time High.

S&P 500 closed at 3,626. That is a new All-Time Record High.

NASDAQ closed at 11,924

Just for reference, the current Top Dow Closes:

1. 29,950 16 November 2020.
2. 29,551 12 February 2020.
3. 29,479 13 November 2020.
4. 29,423 13 February 2020.
5. 29,420 10 November 2020. Legal challenges against Election Fraud gearing up.
6. 29,398 14 February 2020
7. 29,397 11 November 2020.
8. 29,379 6 February 2020.
9. 29,348 17 January 2020.
9. 29,348 19 February 2020.

11. 29,297 16 January 2020.
12. 29,290 5 February 2020.
13. 29,276 10 February 2020.
14. 29,276 11 February 2020.
15. 29,232 18 February 2020.
16. 29,219 20 February 2020.
17. 29,196 21 January 2020, 3 years after Inauguration.
18. 29,186 22 January 2020.
19. 29,160 23 January 2020.
20. 29,157 9 November 2020.

20. 29,102 7 February 2020.

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Wednesday, November 18, 2020 2:17 PM

Yesterday Dow closed at 29,783. That is the 2nd highest close in history.

S&P 500 closed at 3,609.

NASDAQ closed at 11,899.

Just for reference, the current Top Dow Closes:

1. 29,950 16 November 2020.
2. 29,783 17 November 2020.
3. 29,551 12 February 2020.
4. 29,479 13 November 2020.
5. 29,423 13 February 2020.
6. 29,420 10 November 2020. Legal challenges against Election Fraud gearing up.
7. 29,398 14 February 2020
8. 29,397 11 November 2020.
9. 29,379 6 February 2020.
10. 29,348 17 January 2020.
10. 29,348 19 February 2020.

12. 29,297 16 January 2020.
13. 29,290 5 February 2020.
14. 29,276 10 February 2020.
15. 29,276 11 February 2020.
16. 29,232 18 February 2020.
17. 29,219 20 February 2020.
18. 29,196 21 January 2020, 3 years after Inauguration.
19. 29,186 22 January 2020.
20. 29,160 23 January 2020.

20. 29,157 9 November 2020.

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Wednesday, November 18, 2020 4:02 PM

CAPTAINCRUNCH

... stay crunchy...

Quote:
Originally posted by JEWELSTAITEFAN:
Yesterday Dow closed at 29,783. That is the 2nd highest close in history.

Seems investors are happy cluster-f*ck-waiting-to-happen is on his way out.

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Wednesday, November 18, 2020 4:07 PM

Yesterday Dow closed at 29,438. That is the 5th highest close in history.

Just for reference, the current Top Dow Closes:

1. 29,950 16 November 2020.
2. 29,783 17 November 2020.
3. 29,551 12 February 2020.
4. 29,479 13 November 2020.
5. 29,438 18 November 2020.
6. 29,423 13 February 2020.
7. 29,420 10 November 2020. Legal challenges against Election Fraud gearing up.
8. 29,398 14 February 2020
9. 29,397 11 November 2020.
10. 29,379 6 February 2020.

11. 29,348 17 January 2020.
12. 29,348 19 February 2020.
13. 29,297 16 January 2020.
14. 29,290 5 February 2020.
15. 29,276 10 February 2020.
16. 29,276 11 February 2020.
17. 29,232 18 February 2020.
18. 29,219 20 February 2020.
19. 29,196 21 January 2020, 3 years after Inauguration.
20. 29,186 22 January 2020.

20. 29,160 23 January 2020.

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Thursday, November 19, 2020 6:06 PM

Yesterday Dow closed at 29,483. That is the 4th highest close in history.

Just for reference, the current Top Dow Closes:

1. 29,950 16 November 2020.
2. 29,783 17 November 2020.
3. 29,551 12 February 2020.
4. 29,483 19 November 2020.
5. 29,479 13 November 2020.
6. 29,438 18 November 2020.
7. 29,423 13 February 2020.
8. 29,420 10 November 2020. Legal challenges against Election Fraud gearing up.
9. 29,398 14 February 2020
10. 29,397 11 November 2020.

11. 29,379 6 February 2020.
12. 29,348 17 January 2020.
12. 29,348 19 February 2020.
14. 29,297 16 January 2020.
15. 29,290 5 February 2020.
16. 29,276 10 February 2020.
17. 29,276 11 February 2020.
18. 29,232 18 February 2020.
19. 29,219 20 February 2020.
20. 29,196 21 January 2020, 3 years after Inauguration.

20. 29,186 22 January 2020.

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Monday, November 23, 2020 2:45 PM

Friday Dow closed at 29,263. That is the 18th highest close in history.

Just for reference, the current Top Dow Closes:

1. 29,950 16 November 2020.
2. 29,783 17 November 2020.
3. 29,551 12 February 2020.
4. 29,483 19 November 2020.
5. 29,479 13 November 2020.
6. 29,438 18 November 2020.
7. 29,423 13 February 2020.
8. 29,420 10 November 2020. Legal challenges against Election Fraud gearing up.
9. 29,398 14 February 2020
10. 29,397 11 November 2020.

11. 29,379 6 February 2020.
12. 29,348 17 January 2020.
12. 29,348 19 February 2020.
14. 29,297 16 January 2020.
15. 29,290 5 February 2020.
16. 29,276 10 February 2020.
17. 29,276 11 February 2020.
18. 29,263 20 November 2020.
19. 29,232 18 February 2020.
20. 29,219 20 February 2020.

20. 29,196 21 January 2020, 3 years after Inauguration.

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Monday, November 23, 2020 5:44 PM

Today Dow closed at 29,591. That is the 3rd highest close in history.

Just for reference, the current Top Dow Closes:

1. 29,950 16 November 2020.
2. 29,783 17 November 2020.
3. 29,591 23 November 2020.
4. 29,551 12 February 2020.
5. 29,483 19 November 2020.
6. 29,479 13 November 2020.
7. 29,438 18 November 2020.
8. 29,423 13 February 2020.
9. 29,420 10 November 2020. Legal challenges against Election Fraud gearing up.
10. 29,398 14 February 2020

11. 29,397 11 November 2020.
12. 29,379 6 February 2020.
13. 29,348 17 January 2020.
14. 29,348 19 February 2020.
15. 29,297 16 January 2020.
16. 29,290 5 February 2020.
17. 29,276 10 February 2020.
17. 29,276 11 February 2020.
19. 29,263 20 November 2020.
20. 29,232 18 February 2020.

20. 29,219 20 February 2020.

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Tuesday, November 24, 2020 1:59 PM

Dow currently trading at 30,021.

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Tuesday, November 24, 2020 4:56 PM

Today Dow closed at 30,046. That is a new All-Time Record High.

S&P 500 closed at 3,635. That is a new All-Time Record High.

NASDAQ closed at 12,036. That is the highest close since 2 Sept.

Just for reference, the current Top Dow Closes:

1. 30,046 24 November 2020.
2. 29,950 16 November 2020.
3. 29,783 17 November 2020.
4. 29,591 23 November 2020.
5. 29,551 12 February 2020.
6. 29,483 19 November 2020.
7. 29,479 13 November 2020.
8. 29,438 18 November 2020.
9. 29,423 13 February 2020.
10. 29,420 10 November 2020. Legal challenges against Election Fraud gearing up.

11. 29,398 14 February 2020
12. 29,397 11 November 2020.
13. 29,379 6 February 2020.
14. 29,348 17 January 2020.
15. 29,348 19 February 2020.
16. 29,297 16 January 2020.
17. 29,290 5 February 2020.
18. 29,276 10 February 2020.
18. 29,276 11 February 2020.
20. 29,263 20 November 2020.

20. 29,232 18 February 2020.

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Tuesday, November 24, 2020 5:00 PM

Some of you may remember that the Thanksgiving time is historically an opportunity to market time some profits. the difference in stock prices from Wednesday to Black Friday and on to Cyber Monday have provided some trends fairly predictably. The notable exception was the year of that default from something like Abu Dubai on Thanksgiving Day or Black Friday.

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Wednesday, November 25, 2020 3:10 AM

I wouldn't play too many games or gamble with money you don't have this year.

There is no Black Friday this year. Check your local mailers. There ain't shit for deals in 2020. Even the online selections are crap. Why should Amazon try to compete when nobody else is? They've already got their "Prime Day" branded off their own name.

Do Right, Be Right. :)

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Wednesday, November 25, 2020 4:08 AM

1KIKI

Goodbye, kind world (George Monbiot) - In common with all those generations which have contemplated catastrophe, we appear to be incapable of understanding what confronts us.

Looking at every plain-wrap-person John and Jane Doe across the country and the sad nowhere of main street - and then looking at the soaring DOW - does that seem right to you?

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Wednesday, November 25, 2020 4:16 AM

Yup.

HUGE correction coming down the pike.

Either that, or the economy at this point is just as rigged as the elections are.

The DOW right now has never been further from reflecting the quality of life of the average American citizen.

Do Right, Be Right. :)

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Wednesday, November 25, 2020 4:36 AM

http://pbs.twimg.com/media/EnnzDCoVQAI2dAI?format=jpg&name=large
http://pbs.twimg.com/media/EnnzDCoVkAELrvQ?format=jpg&name=large

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Wednesday, November 25, 2020 4:42 AM

^ Yup.

Bezos owned WaPo loves 2020's economy. Covid has been an amazing gift to his fortunes.

Do Right, Be Right. :)

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Wednesday, November 25, 2020 6:31 AM

Long lines form at food banks across country ahead of Thanksgiving
https://thehill.com/policy/finance/527462-long-lines-form-at-food-bank
s-across-country-ahead-of-thanksgiving

Americans are lining up in historic numbers at food banks across the country this week as the COVID-19 pandemic exacerbates levels of food insecurity for millions of people.

As the Thanksgiving holiday draws closer, news reports from states around the U.S. indicate that more Americans face food insecurity now than at any time in recent decades.

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Wednesday, November 25, 2020 6:51 AM

It's what the Democrats wanted.

Do Right, Be Right. :)

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Wednesday, November 25, 2020 7:48 AM

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

Quote:
Originally posted by 6IXSTRINGJACK:

The DOW right now has never been further from reflecting the quality of life of the average American citizen.

Most Americans Don’t Have A Real Stake In The Stock Market. "the majority of Americans are not significantly affected by jumps in the stock market. The stock market bounce is passing most Americans by. Of those earning below the median household income, the typical household owns essentially zero financial assets, and of those who do, most don’t have significant balances."
https://www.forbes.com/sites/teresaghilarducci/2020/08/31/most-america
ns-dont-have-a-real-stake-in-the-stock-market/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Wednesday, November 25, 2020 8:05 AM

CAPTAINCRUNCH

... stay crunchy...

Quote:
Originally posted by 6IXSTRINGJACK:
It's what the Democrats wanted.

Democrats wanted? Why?

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Wednesday, November 25, 2020 10:10 AM

Quote:
Originally posted by CAPTAINCRUNCH:
Quote:
Originally posted by 6IXSTRINGJACK:
It's what the Democrats wanted.

Democrats wanted? Why?

Maybe you should ask them why they destroyed the economy and 20% of small businesses across the country (so far) over a virus that kills virtually nobody.

Do Right, Be Right. :)

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Wednesday, November 25, 2020 12:09 PM

Wall Street is grateful. Thanks, Joe!

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Wednesday, November 25, 2020 12:11 PM

Quote:
Originally posted by 6IXSTRINGJACK:
Quote:
Originally posted by CAPTAINCRUNCH:
Quote:
Originally posted by 6IXSTRINGJACK:
It's what the Democrats wanted.

Democrats wanted? Why?

Maybe you should ask them why they destroyed the economy and 20% of small businesses across the country (so far) over a virus that kills virtually nobody.

Do Right, Be Right. :)

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Wednesday, November 25, 2020 1:56 PM

Quote:
Originally posted by JEWELSTAITEFAN:
Some of you may remember that the Thanksgiving time is historically an opportunity to market time some profits. the difference in stock prices from Wednesday to Black Friday and on to Cyber Monday have provided some trends fairly predictably. The notable exception was the year of that default from something like Abu Dubai on Thanksgiving Day or Black Friday.

Quote:
Originally posted by 6IXSTRINGJACK:
I wouldn't play too many games or gamble with money you don't have this year.

There is no Black Friday this year. Check your local mailers. There ain't shit for deals in 2020. Even the online selections are crap. Why should Amazon try to compete when nobody else is? They've already got their "Prime Day" branded off their own name.

Do Right, Be Right. :)

I don't recall right now if Friday has historically dropped since Wed, and then Monday bounced back (gained) since Friday, or if it is the opposite.

I'll look for that, and see how things work out this time.
Your analysis does not seem grounded, but based upon your feelzz.

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Wednesday, November 25, 2020 1:57 PM

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Wednesday, November 25, 2020 2:19 PM

Quote:
Originally posted by JEWELSTAITEFAN:
Quote:
Originally posted by JEWELSTAITEFAN:
Some of you may remember that the Thanksgiving time is historically an opportunity to market time some profits. the difference in stock prices from Wednesday to Black Friday and on to Cyber Monday have provided some trends fairly predictably. The notable exception was the year of that default from something like Abu Dubai on Thanksgiving Day or Black Friday.

Quote:
Originally posted by 6IXSTRINGJACK:
I wouldn't play too many games or gamble with money you don't have this year.

There is no Black Friday this year. Check your local mailers. There ain't shit for deals in 2020. Even the online selections are crap. Why should Amazon try to compete when nobody else is? They've already got their "Prime Day" branded off their own name.

Do Right, Be Right. :)

I don't recall right now if Friday has historically dropped since Wed, and then Monday bounced back (gained) since Friday, or if it is the opposite.

I'll look for that, and see how things work out this time.
Your analysis does not seem grounded, but based upon your feelzz.

No. It's not based on my feels.

I know that you're too cheap to buy internet for your house, but look at the daily fucking mailers you get mailed to your house.

There are no Black Friday deals. There is no Black Friday. It's been cancelled for the Plandemic.

They don't want any door busters going on while everybody is supposed to wear masks and maintain social distancing.

Are you stupid or something?

Do Right, Be Right. :)

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Wednesday, November 25, 2020 2:20 PM

Quote:
Originally posted by reaverfan:
Quote:
Originally posted by 6IXSTRINGJACK:
Quote:
Originally posted by CAPTAINCRUNCH:
Quote:
Originally posted by 6IXSTRINGJACK:
It's what the Democrats wanted.

Democrats wanted? Why?

Maybe you should ask them why they destroyed the economy and 20% of small businesses across the country (so far) over a virus that kills virtually nobody.

Do Right, Be Right. :)

Laugh it up, middle-class white apologist.

Those people standing in food lines that you pretend to give a shit about aren't laughing.

Do Right, Be Right. :)

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Wednesday, November 25, 2020 3:37 PM

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

Quote:
Originally posted by 6IXSTRINGJACK:

Laugh it up, middle-class white apologist.

Those people standing in food lines that you pretend to give a shit about aren't laughing.

This problem could be fixed by Mitch McConnell passing the Heroes Act, but he won't. Take your complaints about pretending to give a shit to Mitch, 6ix.
www.cbsnews.com/news/second-stimulus-check-update-600-unemployment-her
oes-act/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Wednesday, November 25, 2020 4:01 PM

That’s capitalism: The Dow skyrockets, so does hunger
https://www.cpusa.org/article/thats-capitalism-the-dow-goes-up-and-so-
does-the-suffering/

Yesterday the stock market hit 30,000 for the first time. After weeks of radio silence, Donald Trump appeared in the White House press room and gave a minute-long rant, extolling the numbers, even calling them “sacred.” Can you imagine? On the highest day ever recorded so far of U.S. COVID-19 cases, Trump trumpets a market rally instead of human lives. As Grandma used to say, “Father be merciful!”

But the story doesn’t end there. It’s not only COVID deaths that are increasing. On the day before the Thanksgiving holiday, miles and miles of food lines are spreading all over the country. Congress has adjourned, and due to the GOP’s blocking of a stimulus bill, hunger is stalking millions. But Trump — and let’s say it, Wall Street — is jumping for joy.

Consider this gem: Long lines are also forming outside COVID testing centers, and wealthy New Yorkers are paying “professional” line standers to hold their place in the queue as they seek test documentation before traveling. No matter that they’re ignoring public health warnings urging people to stay home. And guess who’ll jump to the head of the line when vaccines become available?

Sadly, but predictably, unemployment claims are also up. Jobless claims jumped this week to 778,000 from 740,000. In addition, the number of those losing benefits and filing emergency claims also leaped. The total receiving benefits rose to 20.45 million for the week ended Nov. 7, up 135,297 from the week before.

Benefits for 14 million workers will expire at year’s end.

But instead of addressing the crisis facing working-class lives, Trump was on his way to Gettysburg, PA, with Giuliani continuing their effort to disenfranchise Black voters and overturn the election. The trip, however, was cancelled because Giuliani was exposed again to another person who’s COVID positive. How many in Trump’s orbit have now been exposed?

About 12% of Americans report food shortages in the last few weeks, a fact lost on Trump and Wall Street.

But that’s capitalism: the stock market goes up, up, up, while the length of food, unemployment, and hospital ER lines get longer, longer, and longer.

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Wednesday, November 25, 2020 4:15 PM

Today Dow closed at 29,872. That is the 3rd highest Close in history.

S&P 500 closed at 3,629.

NASDAQ closed at 12,094. That is a new Record All-Time High.

Just for reference, the current Top Dow Closes:

1. 30,046 24 November 2020.
2. 29,950 16 November 2020.
3. 29,872 25 November 2020.
4. 29,783 17 November 2020.
5. 29,591 23 November 2020.
6. 29,551 12 February 2020.
7. 29,483 19 November 2020.
8. 29,479 13 November 2020.
9. 29,438 18 November 2020.
10. 29,423 13 February 2020.

11. 29,420 10 November 2020. Legal challenges against Election Fraud gearing up.
12. 29,398 14 February 2020
13. 29,397 11 November 2020.
14. 29,379 6 February 2020.
15. 29,348 17 January 2020.
16. 29,348 19 February 2020.
17. 29,297 16 January 2020.
18. 29,290 5 February 2020.
19. 29,276 10 February 2020.
19. 29,276 11 February 2020.

20. 29,263 20 November 2020.

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Wednesday, November 25, 2020 7:19 PM

Quote:
Originally posted by second:
Quote:
Originally posted by 6IXSTRINGJACK:

Laugh it up, middle-class white apologist.

Those people standing in food lines that you pretend to give a shit about aren't laughing.
This problem could be fixed by Mitch McConnell passing the Heroes Act, but he won't. Take your complaints about pretending to give a shit to Mitch, 6ix.
www.cbsnews.com/news/second-stimulus-check-update-600-unemployment-her
oes-act/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

Fuck that Heroes act, and fuck Nancy Pelosi. That shit is never going to pass. There are a LOT of other ways to fix the problem without passing that Socialist wet dream full of shit that has nothing at all to do with helping the people who actually need help.

Do Right, Be Right. :)

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Wednesday, November 25, 2020 7:56 PM

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

Quote:
Originally posted by 6IXSTRINGJACK:

Fuck that Heroes act, and fuck Nancy Pelosi. That shit is never going to pass. There are a LOT of other ways to fix the problem without passing that Socialist wet dream full of shit that has nothing at all to do with helping the people who actually need help.

It is a weakness to call the only bill which has a chance of passing "that Socialist wet dream". It would be strength to say the people who actually need help won't take government help out of personal pride. Instead, they will receive without having to ask or beg their family, friends, neighbors, or the GOP more help than the Federal government could ever give. But for a practical matter I know Trump voters won't be giving any more than meager help and only to family members they aren't feuding with. Ask Mitch McConnell for help. He has shown that he gives nothing.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Wednesday, November 25, 2020 10:01 PM

What the fuck are you even on about now?

Do Right, Be Right. :)

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Thursday, November 26, 2020 7:40 AM

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

Quote:
Originally posted by 6IXSTRINGJACK:
What the fuck are you even on about now?

It's clever how Sen. Mitch McConnell from Kentucky can starve people in Indiana. But how can he get away with that? Why don't wealthier, well-fed people of Indiana complain bitterly about what Mitch is doing to the poorer citizens of Indiana? It is very simple:

All Mitch has to do is label the only solution to the starvation problem that is ready to go as soon as Mitch changes his mind, the Heroes Act, as "Socialism" (maybe he should have called it "Communism" because that ALWAYS works) and then the Trump voters will agree with Mitch that the Federal government can't do anything about starvation as long as the solution is based on either "Socialism" or "Communism".

What is even more clever about what Mitch has done is that he freed the richer half of the population of Indiana from paying for food to end starvation of the poorer half of Indiana. That intrastate transfer of money between the rich and the poor would also be called either "Socialism" or "Communism". Good job, Mitch! You protected the wealthy from those "Socialists" or "Communists" and their evil "Socialism" or their worse "Communism". And all Mitch had to do is throw around some empty words in order to save trillions of dollars being paid by the wealthy. The wealthy should be very thankful for what Mitch can do for them. When the wealthy have to directly starve the poor, the wealthy get called "Ebenezer Scrooge". The wealthy don't like being called names during the Christmas Season.

I almost forgot. The wealthy don't pay taxes to help the poor. That would be "Communism". See Trump's tax returns. He effectively fights "Communism" by not paying. https://theintercept.com/2020/09/28/donald-trump-taxes/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Thursday, November 26, 2020 9:19 AM

You probably shouldn't use Indiana as an example. As far as I know we're pretty good over here.

Do Right, Be Right. :)

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Thursday, November 26, 2020 11:12 AM

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

Quote:
Originally posted by 6IXSTRINGJACK:
You probably shouldn't use Indiana as an example. As far as I know we're pretty good over here.

All the Trump-loving poor white trash I know in Texas say they are doing pretty good, even when I know they live on less than a couple thousand per month and go to the food bank. They have no idea how rich I am, even though I'm no different than they are, other than I stopped believing 48 years ago all the nonsense Trump lovers spout about the evils of Democrats' "Socialism" and the horrors of Democrats' "Communism" and the wonderfulness of Republicans' "Capitalism". There is really no way to fix the goddamn stupid ideas circulating in their minds that keep them poor and allow them to smugly complain that it is Nancy Pelosi's fault that people are starving. They can't understand that it is Mitch McConnell who is actually causing starvation.

Those Trump-loving poor white trash also have very peculiar ideas about the Dow-Jones, but I gave up, in the early Clinton administration, trying to correct their misunderstandings. Some people are going stay poor forever, despite insisting they are doing pretty good, because they won't change what they are doing.

https://fred.stlouisfed.org/graph/?g=y7YE

https://fred.stlouisfed.org/graph/?g=y7YJ

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Thursday, November 26, 2020 11:18 AM

You don't work. You don't have any money.

Whatever dude.

Do Right, Be Right. :)

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Thursday, November 26, 2020 6:33 PM

JONGSSTRAW

i sold a bunch of stocks back in March. The Dow had just gone from 30,000 to 18,000 in less than two weeks. Days later I was feeling pretty good about the decision I made to take a reasonable loss and stop what could have been a catastrophic loss. But as the Markets have since FULLY rebounded in only eight months I find myself realizing I panicked and did the wrong thing in March by selling. Oh well, sometimes you guess wrong. And to top it off with a cherry on top, CD rates have recently crashed, so there's almost no place left that's safe to earn any sort of substantial interest. May 2021 will mark 10 years since I retired. It's truly been wonderful not working, just enjoying living, although this year of the pandemic has kinda sucked.

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Thursday, November 26, 2020 7:28 PM

Quote:
Originally posted by Jongsstraw:
i sold a bunch of stocks back in March. The Dow had just gone from 30,000 to 18,000 in less than two weeks. Days later I was feeling pretty good about the decision I made to take a reasonable loss and stop what could have been a catastrophic loss. But as the Markets have since FULLY rebounded in only eight months I find myself realizing I panicked and did the wrong thing in March by selling. Oh well, sometimes you guess wrong. And to top it off with a cherry on top, CD rates have recently crashed, so there's almost no place left that's safe to earn any sort of substantial interest. May 2021 will mark 10 years since I retired. It's truly been wonderful not working, just enjoying living, although this year of the pandemic has kinda sucked.

Sorry to hear that man...

I did very well in the stock market back when I was younger, but all it took was losing my ass on one individual purchase to realize that I don't really know shit and I was just extremely lucky and the beneficiary of being at the right place at the right time. So since then, the only money I've ever had in the market was putting 401k contributions that were 100% matched by the company in the lowest risk fund I could, and then transferring them over to my zero risk holdings in the IRA when I wasn't working there anymore.

My single investment is my house, and IMO, it's the place where I have the potential for the greatest return. If the market just totally tanks forever, then we're all up shit's creek. But in the mean time I'm currently living in a much nicer place than I had this time a year ago and at hardly any cost other than my time and labor. This investment is further bolstered by having the time to only buy materials when they're on great sales or clearanced out. So far in the last year I'd estimate that I've only spent around $3,000 on the house, but at full price it would have been closer to $9,000 in materials. Labor for the work done so far would have easily cost me $25,000 or more if I paid somebody else to do it all.

So if the market crashes and we're all screwed, I still have a virtually free place to live that is much nicer than it used to be. If the housing market is fine when I go to sell the house, I have a good chance of tripling my initial investment before I move down south near my brother and downsize into a much more manageable single story home with a really nice nest egg where I can spend the rest of my days tinkering in my garage with my toys and making a bunch of cool shit.

Do Right, Be Right. :)

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Friday, November 27, 2020 7:41 AM

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

Quote:
Originally posted by 6IXSTRINGJACK:
You don't work. You don't have any money.

Whatever dude.

Here's the book for you about the stock market: The Man Who Solved the Market
Why did Simons abandon a highly successful career doing research mathematics in order to focus on making as much money as possible?
https://www.math.columbia.edu/~woit/wordpress/?p=11455

Quote:
In the historical evaluation of whether the world would have been better off with or without RenTech, the fact that RenTech money may have been a determining factor in bringing Trump and those around him to power is going to weigh heavily on one side.

Download the book for free: https://libgen.unblockit.app/search.php?req=Gregory+Zuckerman

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Friday, November 27, 2020 3:31 PM

Today Dow closed at 29,910. That is the 3rd highest Close in history.

S&P 500 closed at 3,638. That seems to be a new Record All-Time High.

NASDAQ closed at 12,205. That is a new Record All-Time High.

Just for reference, the current Top Dow Closes:

1. 30,046 24 November 2020.
2. 29,950 16 November 2020.
3. 29,910 27 November 2020.
4. 29,872 25 November 2020.
5. 29,783 17 November 2020.
6. 29,591 23 November 2020.
7. 29,551 12 February 2020.
8. 29,483 19 November 2020.
9. 29,479 13 November 2020.
10. 29,438 18 November 2020.

11. 29,423 13 February 2020.
12. 29,420 10 November 2020. Legal challenges against Election Fraud gearing up.
13. 29,398 14 February 2020
14. 29,397 11 November 2020.
15. 29,379 6 February 2020.
16. 29,348 17 January 2020.
16. 29,348 19 February 2020.
18. 29,297 16 January 2020.
19. 29,290 5 February 2020.
20. 29,276 10 February 2020.
20. 29,276 11 February 2020.

20. 29,263 20 November 2020.

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Friday, November 27, 2020 3:55 PM

Quote:
Originally posted by Jongsstraw:
i sold a bunch of stocks back in March. The Dow had just gone from 30,000 to 18,000 in less than two weeks. Days later I was feeling pretty good about the decision I made to take a reasonable loss and stop what could have been a catastrophic loss. But as the Markets have since FULLY rebounded in only eight months I find myself realizing I panicked and did the wrong thing in March by selling. Oh well, sometimes you guess wrong. And to top it off with a cherry on top, CD rates have recently crashed, so there's almost no place left that's safe to earn any sort of substantial interest. May 2021 will mark 10 years since I retired. It's truly been wonderful not working, just enjoying living, although this year of the pandemic has kinda sucked.

This makes me sad.

On 17 March my state went into Lockdown, and I was unable to post here.

If I had been able to post here, I wanted to post a reminder of the obvious Gift Horse Buying Opportunity with the Dow drop. Although I was unable to do so, I hoped that the numerous times previously that I had posted the same thing for those who had read the other thread.
Now I am proven wrong, and my posting the same thing repeatedly in the past did not sink in.

Can you tell us why you wanted to sell at the lowest price? Your input could help others understand in the future.
It sounds like you liquidated your stocks, not just switching to a different stock. Did you keep the money within the Tax-Deferred/protected environment, or pay the penalties?

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Friday, November 27, 2020 4:04 PM

Quote:
Originally posted by second:
Quote:
Originally posted by 6IXSTRINGJACK:
You don't work. You don't have any money.

Whatever dude.
Here's the book for you about the stock market: The Man Who Solved the Market
Why did Simons abandon a highly successful career doing research mathematics in order to focus on making as much money as possible?
https://www.math.columbia.edu/~woit/wordpress/?p=11455
Quote:
In the historical evaluation of whether the world would have been better off with or without RenTech, the fact that RenTech money may have been a determining factor in bringing Trump and those around him to power is going to weigh heavily on one side.
Download the book for free: https://libgen.unblockit.app/search.php?req=Gregory+Zuckerman

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

Nah. I got everything I ever wanted or needed out of the DOW already.

I get the feeling that I'm the poster here with the least income... possibly by far. But you never hear me bitching about cash flow.

Do Right, Be Right. :)

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Saturday, November 28, 2020 10:03 AM

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Saturday, November 28, 2020 3:13 PM

'Hunger Like They've Never Seen It Before': US Food Banks Struggle as 1 in 6 Families With Children Don't Have Enough to Eat
"We're now seeing families who had an emergency fund but it's gone and they're at the end of their rope," said one Texas food bank director.
https://www.commondreams.org/news/2020/11/27/hunger-theyve-never-seen-
it-us-food-banks-struggle-1-6-families-children-dont-have

According to Feeding America, the largest hunger relief organization in the U.S., more than 50 million people will experience food insecurity by the end of the year. Among U.S. children, the figure rises to one in four. The group, which runs a network of some 200 food banks across the nation, says it distributed over half a billion meals last month alone, a 52% increase from an average pre-pandemic month.

The latest U.S. Census Bureau pandemic survey, published earlier this month, found that fewer than half of U.S. households with children were "very confident" they could afford to provide enough food for their families in the next month.

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Saturday, November 28, 2020 3:15 PM