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bloodbath in the markets
12-15-2018, 02:57 AM
Post: #46
RE: bloodbath in the markets
(12-14-2018 09:27 PM)pug-thug Wrote:  Jesus said, “What does it profit a man to gain the whole world, then lose his own soul?”

This is why I have long suspected that the top elites are sociopaths that have sold their souls long ago.
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12-15-2018, 08:32 AM
Post: #47
RE: bloodbath in the markets
(12-14-2018 07:28 PM)pug-thug Wrote:  



I watched and it was intriguing. Perhaps if the average OWS educated themselves by watching such videos like this then they would have been a more effective protest.

If none of our taxes go to BIG GOV then how are government programs paid for? Politician and BIG Gov employee salaries and healthcare, Schools, Libraries, and all the rest?

Also what about the personal responsibility of the consumer? the Bank is not forcing me to max out credit cards and take more. I can choose to live responsibly. I don't have to buy a new car when my car is still in good operation. I do not have to refinance and use that money to buy more consumer goods. I can buy a house which is affordable to my income level with a FIXED RATE mortgage which I can pay off early.

Certainly the odds are stacked against the small guy like me but with some clever thinking and financial discipline we can improve our position in the game Tongue
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12-15-2018, 02:53 PM
Post: #48
RE: bloodbath in the markets
that video is cool

an oldie but goodie
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12-15-2018, 03:49 PM
Post: #49
RE: bloodbath in the markets
(12-15-2018 02:57 AM)Chaos Reigns Wrote:  
(12-14-2018 09:27 PM)pug-thug Wrote:  Jesus said, “What does it profit a man to gain the whole world, then lose his own soul?”

This is why I have long suspected that the top elites are sociopaths that have sold their souls long ago.

the nature of man and the mystery of the divine is all very confusing!
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12-15-2018, 04:07 PM
Post: #50
RE: bloodbath in the markets
(12-15-2018 02:57 AM)Chaos Reigns Wrote:  
(12-14-2018 09:27 PM)pug-thug Wrote:  Jesus said, “What does it profit a man to gain the whole world, then lose his own soul?”

This is why I have long suspected that the top elites are sociopaths that have sold their souls long ago.

yep. unless you're extremely lucky, most successful people have sold their souls in some form or another

it happens in all fields

a real composer may decide to do mind numbing edm because it pays the bills

Those who know, know! Big Grin
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12-16-2018, 07:56 AM
Post: #51
RE: bloodbath in the markets
more blood the DJI is breaching support

uh oh
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12-17-2018, 01:22 AM
Post: #52
RE: bloodbath in the markets
[Image: e31.png]
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12-21-2018, 02:42 AM
Post: #53
RE: bloodbath in the markets
according to some people when Obama was President things were terrible and so market/recovery was HATED all the way UP......

then Trump WINS and America is instantly GREAT again

and so if everything magically became GREAT again, then how is it the market is going down on REASONABLE rates increase?

If the economy really was GREAT again it should be able to handle those increase? And besides that, rates are still low by historical standard so should be no problem for a GREAT economy.
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12-21-2018, 02:44 AM
Post: #54
RE: bloodbath in the markets
Cryptos are back in a big way. $4k BTC, baby!

Ethereum and BTC both up 25% in the last week. Although I seriously doubt there were many people buying, last week Big Grin
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12-21-2018, 04:41 AM (This post was last modified: 12-21-2018 04:41 AM by karasu.)
Post: #55
RE: bloodbath in the markets
I went to McDonald's for breakfast to do some fieldwork to observe current economic conditions. There were customers.

My conclusion: We have some way to go before we have reached a "It Begins" bottom.
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12-21-2018, 04:43 AM
Post: #56
RE: bloodbath in the markets
I think we are possibly at the Beginning of a "It Begins Again" downturn of economic cycle. It will take some time for the recession to reveal itself. The "markets are not the economy" will lead the way and the lagging indicators will follow......
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12-21-2018, 05:21 AM
Post: #57
RE: bloodbath in the markets
(12-21-2018 04:43 AM)karasu Wrote:  I think we are possibly at the Beginning of a "It Begins Again" downturn of economic cycle. It will take some time for the recession to reveal itself. The "markets are not the economy" will lead the way and the lagging indicators will follow......

The economy is leading the markets. It is just the economic indicators/'statistics' are all rigged, so they don't show anything until everyone knows it to be true.

Why do you think there are protests all of a sudden in France, Canada, etc? It always always starts with pain in people's pocketbook, THEN they take it out on politicians. Except for America, where everything is the fault of Trump and the Russians, even when things are going fairly well for the vast majority.

House prices in Seattle and Vancouver are supposedly down 11% and 8% YOY. That means it is just about the first time in a decade where house flipping doesn't provide easy profits.
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12-21-2018, 08:10 AM
Post: #58
RE: bloodbath in the markets
(12-21-2018 05:21 AM)Chaos Reigns Wrote:  
(12-21-2018 04:43 AM)karasu Wrote:  I think we are possibly at the Beginning of a "It Begins Again" downturn of economic cycle. It will take some time for the recession to reveal itself. The "markets are not the economy" will lead the way and the lagging indicators will follow......

The economy is leading the markets. It is just the economic indicators/'statistics' are all rigged, so they don't show anything until everyone knows it to be true.

Why do you think there are protests all of a sudden in France, Canada, etc? It always always starts with pain in people's pocketbook, THEN they take it out on politicians. Except for America, where everything is the fault of Trump and the Russians, even when things are going fairly well for the vast majority.

House prices in Seattle and Vancouver are supposedly down 11% and 8% YOY. That means it is just about the first time in a decade where house flipping doesn't provide easy profits.


I always promoted home-OWNERSHIP but never house-flipping. Real Estate investing/flipping seems like a hassle to me and more for the BIG $$$ with Deep Pockets.

I always said how I felt the investment benefit to home-ownership is PAID-IN-FULL which means no more pay-to-live expense EVERY month and then one can apply that extra $1,000plus each month to SNOWBALL their investing endeavor for significant growth to FREE themselves from wage-SLAVERY
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12-22-2018, 07:07 AM
Post: #59
RE: bloodbath in the markets
more blood, the chart is looking TERRIBLE
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12-22-2018, 07:10 AM
Post: #60
RE: bloodbath in the markets
Quote:Dow Jones Sinks Nearly 1,500 Points For Week; 3 Reasons Why This Bear Market Could Get Worse
The Dow Jones industrial average surrendered as many as 1,500 points in a terrible week for the longs, and the bear market in stocks today showed no signs of letting up. The Dow slid around 0.8% Friday with an hour to go in the regular session.


The Nasdaq composite did worse. The tech-centered index got overrun by institutional selling in the FANG stocks as it dropped 2%. The S&P 500 dove more than 1%.

Volume was running sharply higher vs. the same time Thursday. The monthly and quarterly expiration of options helped boost turnover Friday. But as is typically seen in a bear market correction, institutional selling tends to intensify.

https://www.investors.com/market-trend/s...ar-market/
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