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Dec 30th, 2023
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 Market down 33% from high
#13476973
03/18/20 04:59 PM
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Joined: May 2008
Posts: 3,818
donothin
OP
TFF Team Angler
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OP
TFF Team Angler
Joined: May 2008
Posts: 3,818 |
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Re: Market down 33% from high
[Re: donothin]
#13476994
03/18/20 05:12 PM
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Joined: Apr 2008
Posts: 40,845
CCTX
mapquest
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mapquest
Joined: Apr 2008
Posts: 40,845 |
I think it will eventually get back to 30K in a couple of years.
The most recent bottom was set in 2007 and the world learned from that experience.
The world's financial institutions will again adapt, gain experience, and invest and spend even more intelligently after this.
Again, don't worry about a number you have very little control over.
Focus on improving your life, your family's life, and your community.
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Re: Market down 33% from high
[Re: donothin]
#13476996
03/18/20 05:14 PM
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Joined: Oct 2006
Posts: 95,372
Bigbob_FTW
Big Sprocket Bob
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Big Sprocket Bob
Joined: Oct 2006
Posts: 95,372 |
nothing anyone can do but hold on.
![[Linked Image]](https://texasfishingforum.com/forums/pics/usergals/2017/07/full-20284-169975-biyl8lail.jpg) ![[Linked Image]](https://texasfishingforum.com/forums/pics/usergals/2017/07/full-20284-169974-image_preview.jpg) FJB
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Re: Market down 33% from high
[Re: donothin]
#13477016
03/18/20 05:27 PM
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Joined: Jan 2005
Posts: 14,482
jcarring99
TFF Guru
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TFF Guru
Joined: Jan 2005
Posts: 14,482 |
I just wish I had a bunch of cash right now. There are some fire sale bargains for excellent companies right now.
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Re: Market down 33% from high
[Re: CCTX]
#13477026
03/18/20 05:34 PM
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Joined: Nov 2010
Posts: 12,094
Urban Fisher
TFF Guru
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TFF Guru
Joined: Nov 2010
Posts: 12,094 |
The world's financial institutions will again adapt, gain experience, and invest and spend even more intelligently after this. No they won't.
Last edited by Urban Fisher; 03/18/20 05:37 PM.
Jane says I've never been in love - no
She don't know what it is
She only knows if someone wants her
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Re: Market down 33% from high
[Re: donothin]
#13477028
03/18/20 05:34 PM
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Joined: Dec 2011
Posts: 8,966
H.Town_paddler
TFF Celebrity
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TFF Celebrity
Joined: Dec 2011
Posts: 8,966 |
I have an order for UAL at $17.85. Unreal opportunity in this market. I am going airlines and hotels bc I think that is the first industry to get help from the government.
Last edited by H.Town_paddler; 03/18/20 05:35 PM.
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Re: Market down 33% from high
[Re: donothin]
#13477029
03/18/20 05:35 PM
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Joined: Jan 2006
Posts: 32,920
Scagnetti
TFF Guru
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TFF Guru
Joined: Jan 2006
Posts: 32,920 |
The Dow is now lower than when Trump was inaugurated
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Re: Market down 33% from high
[Re: H.Town_paddler]
#13477039
03/18/20 05:41 PM
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Joined: Jan 2005
Posts: 14,482
jcarring99
TFF Guru
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TFF Guru
Joined: Jan 2005
Posts: 14,482 |
I have an order for UAL at $17.85. Unreal opportunity in this market. I am going airlines and hotels bc I think that is the first industry to get help from the government. I got a tad of American Airlines and Marriot.
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Re: Market down 33% from high
[Re: donothin]
#13477055
03/18/20 05:51 PM
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Joined: Jan 2005
Posts: 14,482
jcarring99
TFF Guru
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TFF Guru
Joined: Jan 2005
Posts: 14,482 |
Live Nation and US Food look interesting
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Re: Market down 33% from high
[Re: Scagnetti]
#13477069
03/18/20 06:07 PM
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Joined: May 2002
Posts: 82,439
Bob Davis
Bunkeroid Bob
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Bunkeroid Bob
Joined: May 2002
Posts: 82,439 |
The Dow is now lower than when Trump was inaugurated I know we are back in obama times with regard to the market. The bear was coming and we are nearing the bottom, then we go up. Ride it. The pandemic chinese flu is greatly exaggerated by the liberal media. This is fueling a last ditch effort by the left to remove President Trump from office. 60 million USA citizens contracted the Swine flu in 2009-2010. 300,000 died from it. From the media then= crickets. The media is driving this end of world frenzy (no offense to Frenzy). This will pass. Non diversified investors will learn a valuable lesson from this.
![[Linked Image]](https://texasfishingforum.com/forums/pics/userpics/2020/11/full-1606-72644-flagsmall.jpg) ![[Linked Image]](http://storage.proboards.com/301739/images/59Zi67J3Dhm1xCemT6hS.gif) Foxtrot Juliet Bravo
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Re: Market down 33% from high
[Re: jcarring99]
#13477079
03/18/20 06:21 PM
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Joined: Jan 2006
Posts: 32,920
Scagnetti
TFF Guru
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TFF Guru
Joined: Jan 2006
Posts: 32,920 |
I have an order for UAL at $17.85. Unreal opportunity in this market. I am going airlines and hotels bc I think that is the first industry to get help from the government. I got a tad of American Airlines and Marriot. The New York Hilton Midtown, NYC largest hotel, will close its 1,878 rooms indefinitely. The Baccarat hotel will turn off the lights on March 21, along with scores of other NYC hotels I wouldn’t touch the hospitality industry with a 100’ barge pole And about gubment help... how many Washington lobbyists are leaning on pols right now pleading their cases for their industries
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Re: Market down 33% from high
[Re: Scagnetti]
#13477084
03/18/20 06:27 PM
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Joined: Mar 2005
Posts: 43,998
Tallgrass05
bill maher's protege
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bill maher's protege
Joined: Mar 2005
Posts: 43,998 |
It seems the working class, many of who have little or no sick leave or health care, are the ones who drive the economy, not the CEOs or the wealthy.
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Re: Market down 33% from high
[Re: Bob Davis]
#13477085
03/18/20 06:27 PM
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Joined: Apr 2010
Posts: 21,739
junbengreat
not so great
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not so great
Joined: Apr 2010
Posts: 21,739 |
The Dow is now lower than when Trump was inaugurated I know we are back in obama times with regard to the market. The bear was coming and we are nearing the bottom, then we go up. Ride it. The pandemic chinese flu is greatly exaggerated by the liberal media. This is fueling a last ditch effort by the left to remove President Trump from office. 60 million USA citizens contracted the Swine flu in 2009-2010. 300,000 died from it. From the media then= crickets. The media is driving this end of world frenzy (no offense to Frenzy). This will pass. Non diversified investors will learn a valuable lesson from this. That’s fake news Bob. Please don’t be like cnn spreading false propaganda. Between April 12, 2009, and April 10, 2010, the CDC estimates swine flu caused 60.8 million illnesses, 273,304 hospitalizations and 12,469 deaths in the U.S.
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Re: Market down 33% from high
[Re: Bob Davis]
#13477095
03/18/20 06:35 PM
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Joined: Mar 2003
Posts: 10,724
Fishin' Nut
TFF Guru
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TFF Guru
Joined: Mar 2003
Posts: 10,724 |
I know we are back in obama times with regard to the market. The bear was coming and we are nearing the bottom, then we go up. Ride it. The pandemic chinese flu is greatly exaggerated by the liberal media. This is fueling a last ditch effort by the left to remove President Trump from office. 60 million USA citizens contracted the Swine flu in 2009-2010. 300,000 died from it. From the media then= crickets. The media is driving this end of world frenzy (no offense to Frenzy). This will pass. Non diversified investors will learn a valuable lesson from this.
No. The Fed is out of interest rate reductions and the US is out of cash with 1t dollar deficits. The is very little ammo left in the arsenal. My financial advisor has always said when the next one hits, it will be historic in nature. This is why I sold everything after the first 1000 point drop last month when the DOW was still around 27000.
He is truly a sick individual.
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Re: Market down 33% from high
[Re: Tallgrass05]
#13477096
03/18/20 06:36 PM
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Joined: Apr 2008
Posts: 40,845
CCTX
mapquest
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mapquest
Joined: Apr 2008
Posts: 40,845 |
It seems the working class, many of who have little or no sick leave or health care, are the ones who drive the economy, not the CEOs or the wealthy. Bingo. It’s up to the American workers, not the government or policy makers. The pursuit of happiness is done with group effort. The me, me, me generations want what’s best for each individual...but the pursuit is what is best for all.
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