23K

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Re: 23K

Post by Ibanez »

Skjellyfetti wrote:Been quiet in here. How's it going, guys?
http://www.championshipsubdivision.com/ ... =9&t=48591

:coffee: A necessary market correction.
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Re: 23K

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Losing 5% after gaining 40% since election night isn’t really Chicken Little-worthy.
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Re: 23K

Post by dbackjon »

In the 23's again
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Re: 23K

Post by Ivytalk »

dbackjon wrote:In the 23's again
Thanks, Alphie!
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Re: 23K

Post by 93henfan »

dbackjon wrote:In the 23's again
Yikes! The market is only up 30% now since election day.

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Re: 23K

Post by Skjellyfetti »

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Re: 23K

Post by JohnStOnge »

Skjellyfetti wrote:Image
I had to look "SPY" up and OK that probably looks like most stock market indices would look. But, in fairness, Obama took over after a big plunge. I can remember writing at the time that Obama was in good shape because we'd just had everything go to hell shortly before he took office.
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Re: 23K

Post by AZGrizFan »

Skjellyfetti wrote:Image
Again, you DO realize percentages don’t mean shit, yes? :lol: :lol:
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Re: 23K

Post by Ibanez »

AZGrizFan wrote:
Skjellyfetti wrote:Image
Again, you DO realize percentages don’t mean shit, yes? :lol: :lol:
Percentages don’t mean anything? Hyperbole, much?


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Re: 23K

Post by JohnStOnge »

This is kind of changing the subject to some extent but take a look at the DJIA chart below. Look at how there was a peak in 1965 then things generally declined. The bottom of that downturn is in 1983 or so. That's just amazing. I mean that's a long, big, consistent drop. I was alive back then. I was going to college 1976 - 1981. And I flat don't remember a big deal about the stock market being in a long term decline like that.

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Re: 23K

Post by JohnStOnge »

AZGrizFan wrote:
Skjellyfetti wrote:Image
Again, you DO realize percentages don’t mean ****, yes? :lol: :lol:
Percentages mean everything when it comes to the stock market. That's the whole deal. You're trying to get the best percentage return you can.
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Re: 23K

Post by JohnStOnge »

BTW, since I wrote that Obama was in good shape because everything had gone to hell shortly before he took office, I'd be remiss if I didn't mention that Trump is completely full of shit when he says he inherited a mess. He inherited an economy where everything was going in the right direction and had been for some time. It actually could end up being bad for him, though, because things go in cycles. Obama legitimately COULD say he inherited a mess. So he had some wiggle room if things didn't go well right away. Also when things improved he could claim credit even if he had nothing to do with it. People that are paying attention and understand how things were going before Trump took office know that when Trump says he inherited a mess he's full of shit. When things get better people who have been paying attention know that's just a continuation. If the inevitable cyclical downturn happens when he's in office, though, he's going to have nowhere to hide. It may or may not have something to do with him. But he'll own it.
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Re: 23K

Post by Skjellyfetti »

AZGrizFan wrote: Again, you DO realize percentages don’t mean shit, yes? :lol: :lol:
Not sure if serious. :suspicious:
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Re: 23K

Post by CAA Flagship »

JohnStOnge wrote:BTW, since I wrote that Obama was in good shape because everything had gone to hell shortly before he took office, I'd be remiss if I didn't mention that Trump is completely full of shit when he says he inherited a mess. He inherited an economy where everything was going in the right direction and had been for some time. It actually could end up being bad for him, though, because things go in cycles. Obama legitimately COULD say he inherited a mess. So he had some wiggle room if things didn't go well right away. Also when things improved he could claim credit even if he had nothing to do with it. People that are paying attention and understand how things were going before Trump took office know that when Trump says he inherited a mess he's full of shit. When things get better people who have been paying attention know that's just a continuation. If the inevitable cyclical downturn happens when he's in office, though, he's going to have nowhere to hide. It may or may not have something to do with him. But he'll own it.
John,
1. You do not understand "the economy".
2. See #1
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Re: 23K

Post by Chizzang »

CAA Flagship wrote:
JohnStOnge wrote:BTW, since I wrote that Obama was in good shape because everything had gone to hell shortly before he took office, I'd be remiss if I didn't mention that Trump is completely full of shit when he says he inherited a mess. He inherited an economy where everything was going in the right direction and had been for some time. It actually could end up being bad for him, though, because things go in cycles. Obama legitimately COULD say he inherited a mess. So he had some wiggle room if things didn't go well right away. Also when things improved he could claim credit even if he had nothing to do with it. People that are paying attention and understand how things were going before Trump took office know that when Trump says he inherited a mess he's full of shit. When things get better people who have been paying attention know that's just a continuation. If the inevitable cyclical downturn happens when he's in office, though, he's going to have nowhere to hide. It may or may not have something to do with him. But he'll own it.
John,
1. You do not understand "the economy".
2. See #1
:geek:

John doesn't seem nearly as confused about the economy as you do...
But then again, you live in St. Louis...
one of the only major cities in North America tanking amid a boom

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Re: 23K

Post by CAA Flagship »

Chizzang wrote:
CAA Flagship wrote: John,
1. You do not understand "the economy".
2. See #1
:geek:

John doesn't seem nearly as confused about the economy as you do...
But then again, you live in St. Louis...
one of the only major cities in North America tanking amid a boom

:coffee:
Yeah. I'm the one that's confused. Let's go with that. :thumb:
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Re: 23K

Post by kalm »

CAA Flagship wrote:
JohnStOnge wrote:BTW, since I wrote that Obama was in good shape because everything had gone to hell shortly before he took office, I'd be remiss if I didn't mention that Trump is completely full of shit when he says he inherited a mess. He inherited an economy where everything was going in the right direction and had been for some time. It actually could end up being bad for him, though, because things go in cycles. Obama legitimately COULD say he inherited a mess. So he had some wiggle room if things didn't go well right away. Also when things improved he could claim credit even if he had nothing to do with it. People that are paying attention and understand how things were going before Trump took office know that when Trump says he inherited a mess he's full of shit. When things get better people who have been paying attention know that's just a continuation. If the inevitable cyclical downturn happens when he's in office, though, he's going to have nowhere to hide. It may or may not have something to do with him. But he'll own it.
John,
1. You do not understand "the economy".
2. See #1
What's incorrect about his post?
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Re: 23K

Post by CAA Flagship »

kalm wrote:
CAA Flagship wrote: John,
1. You do not understand "the economy".
2. See #1
What's incorrect about his post?
Which one? There are so many.
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Re: 23K

Post by Chizzang »

CAA Flagship wrote:
kalm wrote:
What's incorrect about his post?
Which one? There are so many.


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Re: 23K

Post by kalm »

CAA Flagship wrote:
kalm wrote:
What's incorrect about his post?
Which one? There are so many.
Ummm the one I actually quoted.... :?
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Re: 23K

Post by kalm »

Chizzang wrote:
CAA Flagship wrote: Which one? There are so many.


:ohno:
He’s Gene Stallings...
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Re: 23K

Post by CAA Flagship »

kalm wrote:
Chizzang wrote:


:ohno:
He’s Gene Stallings...
Yup.
I will deny you the opportunity of calling me a "cherry picker". :kisswink:
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Re: 23K

Post by JohnStOnge »

CAA Flagship wrote:
kalm wrote:
He’s Gene Stallings...
Yup.
I will deny you the opportunity of calling me a "cherry picker". :kisswink:
Oh c'mon CAA. You know all of the economic trends were positive before Trump got elected. You know his claim that he inherited a mess is absurd. I mean, PLEASE. This is not a plausibly debatable proposition.
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Re: 23K

Post by UNI88 »

kalm wrote:
CAA Flagship wrote: John,
1. You do not understand "the economy".
2. See #1
What's incorrect about his post?
They called the economic recovery under Obama a "jobless recovery" for one thing. I would say that the economy under Obama was OK but wasn't quite "in good shape" and there was definitely room for improvement.
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Re: 23K

Post by JohnStOnge »

UNI88 wrote:
kalm wrote:
What's incorrect about his post?
They called the economic recovery under Obama a "jobless recovery" for one thing. I would say that the economy under Obama was OK but wasn't quite "in good shape" and there was definitely room for improvement.
More jobs were created in 2016 than in 2017. Google it.
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