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Dec 30th, 2023
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 Everbody got hammered today...
#12963665
11/12/18 10:22 PM
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Joined: Mar 2010
Posts: 25,839
T Bird
OP
TFF Guru
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OP
TFF Guru
Joined: Mar 2010
Posts: 25,839 |
Hate to be the turd in the punch bowel, but the S&P, Dow, Nasdaq, Oil, and Gold all got crushed today.
Totally can't understand why. Every economic report being publicized touts the strongest U.S. economy in many years.
Okie by birth, Texan by choice. ![[Linked Image]](https://texasfishingforum.com/forums/pics/userpics/2021/01/full-47849-80883-111.jpg) USAF "Thunderbirds" Alumni 1985-1989
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 Re: Everbody got hammered today...
[Re: T Bird]
#12963675
11/12/18 10:29 PM
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Joined: May 2002
Posts: 5,736
JCG57
TFF Celebrity
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TFF Celebrity
Joined: May 2002
Posts: 5,736 |
Market is a leading indicator of economic conditions. Having said that, it has a nasty habit of foreshadowing both real and phantom recessions.
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Re: Everbody got hammered today...
[Re: T Bird]
#12963699
11/12/18 10:52 PM
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Joined: Jan 2007
Posts: 1,588
kcb
Extreme Angler
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Extreme Angler
Joined: Jan 2007
Posts: 1,588 |
Red practically across the board. Many of the respected NASDQ stocks lost 5% today. Appl and Isrg to name a few. If you own some GE don't even look. It's been getting hit recently and is now down to what it was during the financial crisis.
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Re: Everbody got hammered today...
[Re: T Bird]
#12963704
11/12/18 10:58 PM
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Joined: Jan 2008
Posts: 13,596
Fishspanker
TFF Guru
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TFF Guru
Joined: Jan 2008
Posts: 13,596 |
Price of oil drop and a strong dollar.
The Sheep who only fears the Wolf is eaten by the Shepherd.
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