REAL WORLD EVENT DISCUSSIONS

It's not a significant correction until the DOW hits 15,000

POSTED BY: SIGNYM
UPDATED: Saturday, September 5, 2015 16:21
SHORT URL:
VIEWED: 2068
PAGE 1 of 1

Friday, August 21, 2015 2:17 PM

SIGNYM

I believe in solving problems, not sharing them.


That's approximately 20% lower than its recent peak of about 18,500. In 2011, the DOW was about 10,000. But below 15,000, it becomes a rout.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, August 21, 2015 6:25 PM

WHOZIT


Sometimes when I read your posts, I want to take hostages.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Saturday, August 22, 2015 2:06 PM

SIGNYM

I believe in solving problems, not sharing them.


Yanno, I'm sorry to say but it's common knowledge that the stock market is overvalued. It wasn't a question about IF it would go down, but simply "when". I told a co-worker about six months ago that the market had more-or-less-topped out, that you would see a lot of 400-point "chop", but that it would move when the Fed decided to raise interest rates.

Because the market clearly hasn't been responding to the economy. In the past, the market went up when the economy was doing well. That's because investors could look forward to increasing corporate revenues and increasing corporate earnings.

But lately, it's been the opposite: The market goes UP when an economic indicator goes DOWN. That's because everybody's got an eye on The Fed and it's zero-interest-rate policy which stays in place as long as economic indicators are anemic ... banks and corporations are investing in stocks by borrowing money at near-zero-rates, leading to a stock market "bubble". Once rates change, that comes to a screeching halt and the bubble bursts.

I'm not sure what the market is responding to this time ... it's all run by algos anyway ... but a news source (I don't remember which) accidentally released FOMC (Fed Open Market Committee) notes which indicated that they might raise rates next month.

Or maybe the stock market is FINALLY responding to collapsing world-economic activity, as indicating by collapsing commodities (you don't need copper, oil, and steel if you're not making/ building anything).

My point is that I wouldn't invest in stocks until they had corrected by 20% or more.

--------------
You can't build a nation with bombs. You can't create a society with guns.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, September 4, 2015 1:22 PM

SIGNYM

I believe in solving problems, not sharing them.


Patience. There's 1000 more points down to go. Even then, you might decide to wait and see.

These are good times for day-traders, and people who do options. If you've got the time and the money and the nerve and the knowledge ... but mostly the time to watch the stock market like a hawk, minute-by-minute ... you can try to outplay the algos.

But if you're like most people and you have a job that requires your attention 40 hours a week ... or at least 20 hours a week! ... you won't be able to keep up. The best you can do is follow the long-term trends, when markets change by 20% or more. It may take several years for the market to go up again, but if you buy near the bottom with money you don't need right away, you can afford to wait.

-------

A lot depends on what the Fed does. If the Fed raises interest rates, the stock markets will go down, the dollar will go up, foreign currencies will go down, and gold will go down (relative to the dollar). If the Fed DOESN'T raise interest rates the stock markets will explode with joy and zoom up a few thousand points. I've never seen such a manipulated market before. There is a lot of pressure on the USA to raise rates, and curiously it's coming from foreign nations who would like their currencies to become cheaper (relative to the dollar) so that the USA can once again become the World Shopper, and they can start exporting stuff. Basically, so that we can play along with their currency war.

What that would do is hurt the USA economy, of course. Production and employment would decrease ... but heck, people would probably be pacified by cheap imports. It doesn't bode well for the future of the USA, but I"m not sure what pressures the Fed is responding to. So I'm in a wait-an-see mode.


--------------
You can't build a nation with bombs. You can't create a society with guns.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, September 4, 2015 4:26 PM

6IXSTRINGJACK


Quote:

Originally posted by SIGNYM:
That's approximately 20% lower than its recent peak of about 18,500. In 2011, the DOW was about 10,000. But below 15,000, it becomes a rout.



LOL....

I haven't paid attention to the DOW since I cashed out and bought my house....

18,500!!!!!!

So I see that you're just throwing around Fiat Money all Willy Nilly now, huh?

Never got to 18.5 before most people I knew were ruined.

Then again, nobody had to pay $4.50 for a lb of normal ground beef back then either.....


I HAVEN'T PAID ATTENTION TO DOW SCORES IN OVER 5 YEARS.

I own my house and have only made less than $5k this year and lived off of it.

I fucking feel for the rest of you who tie your own happiness to that particular sinking anchor.

Good luck to you all! :) and or :(

Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, September 4, 2015 4:46 PM

6IXSTRINGJACK





A sight for sore eyes to the blind would be awful Majestic!

It would be the most beautiful thing that they ever did see.

It would cause such surprise, it would make all of their minds electric.

How could anyone tell them that somethings are not what they seem?


In such disbelief I thought I was asleep when I met you...

My heart liquefied and I sighed oh this must be a dream....


If I forget to set the alarm and sleep all through the dawn, don't remind me.....

I'd rather be dreaming of someone that living alone!!!!


If you're searching the lines for a point, well you've probably missed it!!!!

There was never anything there, in the first place!



Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, September 4, 2015 4:58 PM

6IXSTRINGJACK


The only thing I can think to follow this song up with is Glorfied G....

It doesn't mean what you might think it means, yet at the same time it means exactly what you think it means.....

The fact that it was one of Pearl Jam's least successful singles ever says it all....

It should never have been a single.

The "B" sides is where they brainwash your kids when you're not looking.



Don't hate Eddie Vedder for it now....

your kids today are so brainwashed by music they can't even think for themselves anymore.

Blame it on "Good Parenting"....

Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, September 4, 2015 5:06 PM

6IXSTRINGJACK


Nobody noticed though, because everyone was wrapped up in jams directed towards some elderly woman behind a counter in some small town...



Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, September 4, 2015 5:09 PM

6IXSTRINGJACK


It wasn't until the last few years that most women around these parts might have started thinking about themselves as the elderly women behind the counter, and wondering why they never did break out of this place....

It's too late now...

Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, September 4, 2015 5:13 PM

6IXSTRINGJACK


I just want to scream.... HEEEEELLLLLLLOOOOOOOOOO!!!!!!

By God it's been so long! Never dreamed You'd return!

But now here you are!

And Here I am!

Hearts and thoughts they fade, AWAY!




Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, September 4, 2015 5:14 PM

6IXSTRINGJACK


DISCLAIMER:

We were all happy with Pearl Jam songs and the DOW never hit 12k back in those days. TRUE.

Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, September 4, 2015 5:20 PM

6IXSTRINGJACK


Actually, I'm pretty sure that Stone Temple Pilots and Pearl Jam collaborated before those bands were even made to make one of the most beautiful Rock Songs ever made, well before the DOW ever hit 12,000 pts....


Whether that's true or not, just back in the glory of Pearl Jam + Chriss Cornel and one of the best songs ever made.....

Say Hello To Heaven



I don't care how old you were or are when you first heard this.

There are teenagers just discovering this song today, among a sea of meaningless pop and rap bullshit, and the ones who find it are loving it just as much as when I first heard it back in 1994. :)


Show me one person who can tell me I'm wrong about this.

I've just presented you with the impossible task.

Nobody who ever heard Temple of the Dog's Say Hello to Heaven doesn't at least partially like it.

Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, September 4, 2015 5:37 PM

6IXSTRINGJACK


"I....

I never wanted.... To write these words down for you....

With the pages... of phrases... of things we'd never do.......

And so I blow out the candles.... and put you to bed....

since you can't say to me now, how the DOGZ BROKE YOUR BONE, there's just one thing left to be said.....

.....

who's going to make sure Idonn't REAlly enjoy this job?

Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, September 4, 2015 5:50 PM

6IXSTRINGJACK


Looking forward to Eddie Vedder aND lorde singing together....



Lol....

15,000


The DOW wasn't that big a beast when I made my money....

People bitched for years that 14k was too much and it never should have gotten that high......

To be honest, I made 20k buying Google shares at 150 a piece and selling at nearly 600 a share..... :)

Whoops??? Somebody made some bad choices for me to do so good.......



Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, September 4, 2015 6:01 PM

WHOZIT


Quote:

Originally posted by 6IXSTRINGJACK:




A sight for sore eyes to the blind would be awful Majestic!

It would be the most beautiful thing that they ever did see.

It would cause such surprise, it would make all of their minds electric.

How could anyone tell them that somethings are not what they seem?


In such disbelief I thought I was asleep when I met you...

My heart liquefied and I sighed oh this must be a dream....


If I forget to set the alarm and sleep all through the dawn, don't remind me.....

I'd rather be dreaming of someone that living alone!!!!


If you're searching the lines for a point, well you've probably missed it!!!!

There was never anything there, in the first place!



Do Right, Be Right. :)



That song ROCKS!!

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, September 4, 2015 6:10 PM

6IXSTRINGJACK


Kenny Loggins did a song with Shanice?????

It's like my Great Grandpa making out with my girlfriend's younger siter.....

Not a bad song though......

Still can't beat "I love your smile" even though Kenny had nothing to do with it...



They both got one thing in common though....

They haven't manipulate dteenagers in over a decade....

It's kid of sad, really.....

Kenny and Shanice were the last talent before Dubstep and bullshit...

who am I kidding though........

The Story of My Life is pretty epic, even if it's half computer graphics....



Fuck the DOW.....
When I played, I WON.....

Never again for me, but I feel sorry for you. :(

Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, September 4, 2015 6:21 PM

6IXSTRINGJACK


Quote:

Originally posted by whozit:
Quote:

Originally posted by 6IXSTRINGJACK:




A sight for sore eyes to the blind would be awful Majestic!

It would be the most beautiful thing that they ever did see.

It would cause such surprise, it would make all of their minds electric.

How could anyone tell them that somethings are not what they seem?


In such disbelief I thought I was asleep when I met you...

My heart liquefied and I sighed oh this must be a dream....


If I forget to set the alarm and sleep all through the dawn, don't remind me.....

I'd rather be dreaming of someone that living alone!!!!


If you're searching the lines for a point, well you've probably missed it!!!!

There was never anything there, in the first place!



Do Right, Be Right. :)



That song ROCKS!!



Thank you for validatinbg my taste in music whozit!!!!

I was thinking that Majestic was the best song ever made, or at least the best song since "We Are Young" by FUN.

Tell me the truth... have you been listening to this song over and over and over again since you first heard it?

If you look up hte song online, you'll find that's not an uncommon reaction for the fans.

What a great song.!!!!!

Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, September 4, 2015 6:33 PM

6IXSTRINGJACK


Quote:

Originally posted by whozit:

That song ROCKS!!



I know, right?

I think I have another one you might like if you loved that one.

You ever hear of Edward Sharpe and the Magnetic Zeros?

Of course you haven't.... nobody ever did....


No big Fox Cartoon to go along with this song, but I put it on the same level of unequaled unknown awesomeness. :)




Home.......

Home is whenever I am with you. ;)

Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, September 4, 2015 6:58 PM

6IXSTRINGJACK


Personally, I believe that Endless Summer Nights is of the same calibur, even though anyone who's worked in Retail has heard it enough times they'd like to kill it until it was forever dead....

Richard Marx just happened to be popular and all of his other songs, like this one, were played ad-nausem, even years later in almost any retail job.


It's a shame though....



Richard Marx was just a cheap knockoff of Kenny Loggins....

I remember my Girlfriends' roomate making fun of me as the "Marxist" because I bought 3 albums by Richard Marx at College fairs around their place until I found "Endless Summer Nights" to share with Dawn.

It also took me 2 albums to find Def Leppard "Love Bites", but that's another story.....

Anna would tell you about how I paid her to take her boyfriend out to the movies one night so me and Dawn could have the room by ourselves. I sang and danced with Her to "God Must Have Spent" by 98 degrees.

I'm quite sure that I still underestimate how easy it is for me to have sex with my looks and intelligence today.

If only my Catholic Guilt didn't get in the way.....

In the mean time.....

I'm just trying to get my sea-legs now that I've just turned 36 years old....




You can't go wrong with The Shins.....

You don't even know how many awesome songs you might have missed if you didn't listen to everything they did. Phantom Limb is just the starter drug.....


For example....

Red Rabbits...




Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, September 4, 2015 7:09 PM

6IXSTRINGJACK


Since we're talking about The Shins, I felt I had to show their penultimate song.....



I feel pity for them. They will NEVER make anything This beautiful again....

Also, they're like 10 years older than they were back then too....

They made something truly beautiful in 2006 or 7 though....

A modern day song that screamed old-school Beach Boys greatness, whether they wanted it or not.



Only "Foreigner" could empathize with them. After Foreigner made "I wanna know what love is", they could NEVER compare to that masterpiece, and were doomed to obscurity shortly afterward.

Speaking of....

Tell me this isn't just about the best f'king song ever made on every level....



Right?



Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, September 4, 2015 7:19 PM

6IXSTRINGJACK


Alright.....

Got another 80's song to dissect that I'm way too close to....

They made some pretty romantic songs, but the song about the Maneater they both adored was the best they would ever perform...



True friends here... never let the Maneater rip them apart...

Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, September 4, 2015 7:28 PM

6IXSTRINGJACK


Enjoy Knights of Cydonia....

Even though I warn you that "Evil Tom Petty" rules the day...




Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, September 4, 2015 7:40 PM

6IXSTRINGJACK


Hard to beat those real videos withougt using Literal Videos...

Take On Me:



Do what you gotta do, but I'm gonna kick some ass with my own pipe wrench....



Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, September 4, 2015 7:50 PM

6IXSTRINGJACK


The True, Full, Wax Fang approved "The Majestic"

Nearly 6 minutes long.....

Only 10 lines....

Never a "chorus" line....

One of the most meaningful songs ever, without a happy middle to memorize.... :)





Do Right, Be Right. :)

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Saturday, September 5, 2015 9:06 AM

SIGNYM

I believe in solving problems, not sharing them.


6IX- Wow, I hit a sore point, didn't I???

If it makes you feel better, I'm not invested in the stock market either.

Thanks for all the tunes, even if you WERE drunk when you posted!

--------------
You can't build a nation with bombs. You can't create a society with guns.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Saturday, September 5, 2015 3:03 PM

WHOZIT


Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by whozit:
Quote:

Originally posted by 6IXSTRINGJACK:




A sight for sore eyes to the blind would be awful Majestic!

It would be the most beautiful thing that they ever did see.

It would cause such surprise, it would make all of their minds electric.

How could anyone tell them that somethings are not what they seem?


In such disbelief I thought I was asleep when I met you...

My heart liquefied and I sighed oh this must be a dream....


If I forget to set the alarm and sleep all through the dawn, don't remind me.....

I'd rather be dreaming of someone that living alone!!!!


If you're searching the lines for a point, well you've probably missed it!!!!

There was never anything there, in the first place!



Do Right, Be Right. :)



That song ROCKS!!



Thank you for validatinbg my taste in music whozit!!!!

I was thinking that Majestic was the best song ever made, or at least the best song since "We Are Young" by FUN.

Tell me the truth... have you been listening to this song over and over and over again since you first heard it?

If you look up hte song online, you'll find that's not an uncommon reaction for the fans.

What a great song.!!!!!

Do Right, Be Right. :)



I have listened to it many time, after hearing it on "American Dad" I went to YOUTUBE and was surprised it was over 5 minutes long.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Saturday, September 5, 2015 4:21 PM

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.


"I fucking feel for the rest of you who tie your own happiness to that particular sinking anchor."

I was going to say - you sure make a lot of assumptions about people. And apparently it never occurred to you that people might follow the Dow because they find the economics interesting, not because they've personally got anything riding on it. So I'm glad Signy corrected your assumption by letting you know that it's not a matter of personal investment. For the record, I'm not invested either.




SAGAN: We are releasing vast quantities of carbon dioxide, increasing the greenhouse effect. It may not take much to destabilize the Earth's climate, to convert this heaven, our only home in the cosmos, into a kind of hell.

NOTIFY: N   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

YOUR OPTIONS

NEW POSTS TODAY

USERPOST DATE

OTHER TOPICS

DISCUSSIONS
In the garden, and RAIN!!! (2)
Fri, March 29, 2024 02:54 - 3414 posts
BUILD BACK BETTER!
Fri, March 29, 2024 02:49 - 11 posts
Russia says 60 dead, 145 injured in concert hall raid; Islamic State group claims responsibility
Fri, March 29, 2024 00:45 - 56 posts
Elections; 2024
Fri, March 29, 2024 00:33 - 2075 posts
Long List of Celebrities that are Still Here
Fri, March 29, 2024 00:00 - 1 posts
China
Thu, March 28, 2024 22:10 - 447 posts
Biden
Thu, March 28, 2024 22:03 - 853 posts
Russia Invades Ukraine. Again
Thu, March 28, 2024 17:20 - 6155 posts
Well... He was no longer useful to the DNC or the Ukraine Money Laundering Scheme... So justice was served
Thu, March 28, 2024 12:44 - 1 posts
Salon: NBC's Ronna blunder: A failed attempt to appeal to MAGA voters — except they hate her too
Thu, March 28, 2024 07:04 - 1 posts
Russian losses in Ukraine
Wed, March 27, 2024 23:21 - 987 posts
human actions, global climate change, global human solutions
Wed, March 27, 2024 15:03 - 824 posts

FFF.NET SOCIAL