• We’re currently investigating an issue related to the forum theme and styling that is impacting page layout and visual formatting. The problem has been identified, and we are actively working on a resolution. There is no impact to user data or functionality, this is strictly a front-end display issue. We’ll post an update once the fix has been deployed. Thanks for your patience while we get this sorted.

Wow...Dow up 200 points today. At this rate we'll be back to 10,000 next week!

Queasy

Queasy

Moderator<br>Console Gaming
:Q Yes, I am being a little reactionary but it has gone up 700 points this week and has posted 200+ point gains twice.

Dow Link
 
my dad is a faithful follower of Bob Brinker and Bob said to get back into the market 100% about a week ago

Bob is looking for about 25% average rise in the markets, short term, but says its still a cyclical bear market (if i remember what my dad told me correctly)
 
Originally posted by: FoBoT
my dad is a faithful follower of Bob Brinker and Bob said to get back into the market 100% about a week ago

Bob is looking for about 25% average rise in the markets, short term, but says its still a cyclical bear market (if i remember what my dad told me correctly)
Click to expand...

Yes, it is largely cyclical. It's been about three years since we started the downturn, market should pick up sometime soon. However, that's not an official prediction. 😉
 
Originally posted by: Fausto1
Am I the only one who kinda goes 😕 when I see the Dow soar in response to a war?
Click to expand...

No, I usually do at least two of 😕 along with a :Q when I see this happen.
 
Why does war help the economy?

No one has ever been able to explain that one to me.

Like, after WWII was over, the economy was soaring again, etc.

😕
 
Originally posted by: zsouthboy
Why does war help the economy?

No one has ever been able to explain that one to me.

Like, after WWII was over, the economy was soaring again, etc.

😕
Click to expand...

Bush knew the secret.........
 
What's so hard to understand about it. The uncertainty is getting close to an end and seeing as this war has gone very smooth and very, very fast the markets react that it won't have an impact as most doomsdayers have been predicting. the market was down for the fact that noone was really sure and it's always better to be safe than sorry.
 
Originally posted by: zsouthboy
Why does war help the economy?

No one has ever been able to explain that one to me.

Like, after WWII was over, the economy was soaring again, etc.

😕
Click to expand...

Well, WWII basically reinvigorated a very depressed economy by creating jobs etc. When it was over, the influx of men coming home from overseas, buying homes, etc drove the economy even more.
 
Originally posted by: zsouthboy
Why does war help the economy?

No one has ever been able to explain that one to me.

Like, after WWII was over, the economy was soaring again, etc.

😕
Click to expand...

the difference though is that you had many men coming back, starting families, buying houses and cars and such. The same won't happen with this war, of course, but the war picture now clearing up has given investors hope that things will be back to normal soon.

Plus it doesn't hurt that we have temporary control of the oil wells too.

 
Why does war help the economy?
Click to expand...
The reasons are different for the post-WII economic boom and the current rally.

In this case, uncertainty over the war and when it would commence was having more of an inhibitory effect on the markets than the war itself is having a positive effect.

 
Originally posted by: zsouthboy
Why does war help the economy?

No one has ever been able to explain that one to me.

Like, after WWII was over, the economy was soaring again, etc.

😕
Click to expand...

World War II, by its end, employed 12 million men in the Army, Navy, and Air Force. The number of operational factories skyrocketed during the war years because of an increased demand for tanks, planes, guns, bullets, missiles, etc. In turn, more people were needed to assemble these things and more were needed to gather the resources to build them. All in all it created literally millions of jobs.
 
WOOHOO! It's all up from here! I just took out a second mortgage to get in early on this uprise! 😀😀😀
 
Originally posted by: FoBoT
my dad is a faithful follower of Bob Brinker and Bob said to get back into the market 100% about a week ago

Bob is looking for about 25% average rise in the markets, short term, but says its still a cyclical bear market (if i remember what my dad told me correctly)
Click to expand...

Brinker really knows his stuff. He called the start of the bear market almost right on. I remember listening to him advising everyone to get completely out of stocks and thinking how wrong he was. Well, a few years later my portfolio is hurting, and he couldn't have been more right.
 
man, i thought the market was going to go down when the war started, sold all my shares of MYG and NVDA.

Could have made almost $5000 on it. AHhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh
 
You must log in or register to reply here.

TRENDING THREADS

Back
Top