Our financial system is crumbling this week.

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Freed Roger
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Re: Our financial system is crumbling this week.

Post by Freed Roger »

Joe Shlabotnik wrote:
heyzeus wrote:It's almost like it's a bad idea for a president to take credit for stock market gains, because by obvious extension he's also responsible for stock market losses.
Nothing obvious about that at all. Those libs on Wall Street hate Trump and making America great again. They want to keep the little guy down. It's their fault.
https://www.marketwatch.com/story/trump ... 2018-02-05 an opinion piece on this.

Not only is it dumb, it is highly unethical for president to publicly cheer the market (not mention participate in juicing it )

Then again, what is ethics any more?
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lukethedrifter
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Re: Our financial system is crumbling this week.

Post by lukethedrifter »

Thanks, Michael
Freed Roger
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Re: Our financial system is crumbling this week.

Post by Freed Roger »

when you GIS "dow Jones"
you get a bunch of photos of this guy

Image
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Michael
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Re: Our financial system is crumbling this week.

Post by Michael »

Good day in the market today.
Arthur Dent
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Re: Our financial system is crumbling this week.

Post by Arthur Dent »

Blue Line Jumps 11 Percent

6/07/00 3:00pm

NEW YORK–Excitement swept the financial world Monday, when a blue line jumped more than 11 percent, passing four black horizontal lines as it rose from 367.22 to 408.85.

Image
Blue-Line Composite Index

It was the biggest single-day gain for a blue line since 1994.

"Even if you extend the blue line's big white box back many vertical lines, you won't find a comparably large jump," said Milton Vogel, a senior analyst with Merrill Lynch. "That line just kept going up, up, up."

The blue line, which had been sluggish ever since the red line started pointing down in April, began its rebound with an impressively pointy 7 percent rise Friday. By noon Monday, it had crossed the second horizontal line from the top for the first time since December.

Ecstatic investors are comparing the blue line to the left side of a very tall, steep blue mountain.

"It's a really steep line," said Larry Danziger, a San Jose, CA, day trader and golf enthusiast. "I stand to make a tremendous amount of money as a result of the steepness of this line."

...
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Jocephus
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Re: Our financial system is crumbling this week.

Post by Jocephus »

and what about the right side of this money mountain?
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Michael
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Re: Our financial system is crumbling this week.

Post by Michael »

Michael wrote:To be fair even with this drop the stock market as done quite well with Trump. I'm curious to see how he reacts to all this.
His reaction is stupid, of course.
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Re: Our financial system is crumbling this week.

Post by Arthur Dent »

Thanks for sharing, Don.
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Jocephus
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Re: Our financial system is crumbling this week.

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Re: Our financial system is crumbling this week.

Post by Popeye_Card »

Bump?
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