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02-02-2018, 06:12 PM
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#16
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Valued Poster
Join Date: Aug 10, 2011
Location: USA
Posts: 642
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It’s just a market correction you dumbass, just doing a 50% retractment.
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02-02-2018, 06:22 PM
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#17
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Valued Poster
Join Date: Mar 31, 2010
Location: Houston
Posts: 15,054
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Next week it will be back up after the profit takers have cashed in.
If it doesn't, I will console myself in the satisfaction that Hillary Clinton is not President.
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02-02-2018, 07:25 PM
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#18
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Quote:
Originally Posted by Jackie S
If it doesn't, I will console myself in the satisfaction that Hillary Clinton is not President.
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Lol...true dat!
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02-02-2018, 07:29 PM
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#19
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Valued Poster
Join Date: Jan 3, 2010
Location: South of Chicago
Posts: 31,214
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Quote:
Originally Posted by Jackie S
Next week it will be back up after the profit takers have cashed in.
If it doesn't, I will console myself in the satisfaction that Hillary Clinton is not President.
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02-02-2018, 07:33 PM
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#20
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Premium Access
Join Date: Apr 19, 2017
Location: Dallas
Posts: 5,348
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Wait since Professor dumbass is blaming Trump for the 500 point loss does that mean he's also responsible for the increase since he took office?
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| 3 users liked this post
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02-02-2018, 09:58 PM
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#21
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Account Disabled
Join Date: Oct 20, 2011
Location: Promo Code MY600
Posts: 4,389
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Quote:
Originally Posted by StandinStraight
Kiss those 401K’s goodbye!
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A Nutless Monkey knows more about the stock market than you do, Dimturd. Pack and move, Nutless....you're done here.
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02-02-2018, 10:36 PM
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#22
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BANNED
Join Date: Jan 6, 2010
Location: Ikoyi Club 1938
Posts: 7,139
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Quote:
Originally Posted by Hotrod511
So it looks like TheDaliLama know's more about what's he is talking about than you do
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I’m the fucking DaliLama.
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| 2 users liked this post
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02-03-2018, 03:13 AM
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#23
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Not A Stepford Wife
User ID: 14483
Join Date: Feb 14, 2010
Location: Decatur Denton♀️ Dallas Midland
Posts: 8,202
My ECCIE Reviews
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Quote:
Originally Posted by Stockinglover
It’s just a market correction you dumbass, just doing a 50% retractment.
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He's just a teacher what do you expect?
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| 1 user liked this post
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02-03-2018, 05:42 AM
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#24
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Valued Poster
Join Date: Jan 16, 2010
Location: Texas
Posts: 51,038
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Quote:
Originally Posted by TheDaliLama
Another swing and miss by Mr Poo Poo
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He's used to that by now, which is why he's in charge of the water bucket and doesn't get up to bat. In fact since he's been on Eccie he hasn't even gotten on base from an error. And he won't. He keeps swinging at those pitches WAY OUT OF THE STRIKE ZONE.
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02-03-2018, 05:52 AM
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#25
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Valued Poster
Join Date: Oct 5, 2014
Location: Pittsburgh
Posts: 1,229
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Quote:
Originally Posted by texassapper
Wait since Professor dumbass is blaming Trump for the 500 point loss does that mean he's also responsible for the increase since he took office?
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What the market is reacting to is the skittishness of Trump, the more his presidency unravels the worse it will get. Plus the tax scam guaranteed a recession, it was a revenue giveaway to the top 1 % while the rest of the country suffers, things will get much worse as the national debt climbs. I told all of you this when the tax scam was passed and you wouldn’t listen. Maybe you should pay more attention to what I am teaching you and quit being so stubborn .
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02-03-2018, 06:40 AM
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#26
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Valued Poster
Join Date: Mar 31, 2010
Location: Houston
Posts: 15,054
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What the Market is reacting to is the possibility that the Swamp, Main Stream Media The Democrats, Hollywood, and all of the rest of the Socialist/Progressive/Liberal factions in the Country might sooner or later throw enough shit against the wall and something sticks.
Business and working folk are enjoying the new rules that President Trump has brought. The foreamentioned groups hate them because it strips their power to enslave people in economic malaise.
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02-03-2018, 06:55 AM
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#27
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Valued Poster
Join Date: Oct 5, 2014
Location: Pittsburgh
Posts: 1,229
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Quote:
Originally Posted by Jackie S
What the Market is reacting to is the possibility that the Swamp, Main Stream Media The Democrats, Hollywood, and all of the rest of the Socialist/Progressive/Liberal factions in the Country might sooner or later throw enough shit against the wall and something sticks.
Business and working folk are enjoying the new rules that President Trump has brought. The foreamentioned groups hate them because it strips their power to enslave people in economic malaise.
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If you think the economy is bad now wait until the effects of deregulation kick in! The cost of cleaning up oil spills and bailing out financial institutions will drive us into a depression, if you remember that’s where we almost ended up after the bush years but President Obama saved the country.
Deplorables are dumb enough to not see that it’s happening again, this time we may not be saved.
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02-03-2018, 07:55 AM
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#28
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Valued Poster
Join Date: Dec 31, 2009
Location: Georgetown, Texas
Posts: 9,330
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Quote:
Originally Posted by texassapper
Wait since Professor dumbass is blaming Trump for the 500 point loss does that mean he's also responsible for the increase since he took office?
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Trump has taken full credit for the increase since he took office. Some say that that is a somewhat dangerous position to take because if the markets take a dive he will be subject to the blame.
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02-03-2018, 08:16 AM
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#29
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Quote:
Originally Posted by lustylad
Yep... it's entirely due to the spike in interest rates. Not just an "expected" rise, but an actual one. The 10-year Treasury yield climbed from 2.72% at yesterday's opening to 2.84% at today's close - a very large 2-day movement. It started the year at 2.42%.
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Hmmmmm....I wonder if our recrnt tax cuts and debt have anything to do with this?
Google wtf Greenspan has to say regarding this.
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02-03-2018, 08:26 AM
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#30
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Valued Poster
Join Date: Jan 18, 2010
Location: texas (close enough for now)
Posts: 9,249
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it was concern with interest rates as full employment is nigh and the jobs report was even more excellent than expected, all that plus coupled with the marked increases since President Trump took office, profit taking proliferated
if the decline was some sort fear trump may be impeached or no longer president, that would only be a reflection of market consensus of his worth to the economy
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