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Thread: DJIA close to breaking 30,000

  1. #1
    Brass Rat Borderland's Avatar
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    DJIA close to breaking 30,000

    Anyone watching the stock market? DJIA could break 30,000 today.


    https://money.cnn.com/data/markets/dow/?iid=EL

    Looks like Wall Street and big bidness got their man elected. A chicken in every pot and two cars in every garage.
    Last edited by Borderland; 11-24-2020 at 10:26 AM.
    In the P-F basket of deplorables.

  2. #2
    they don't think like us blues's Avatar
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    Always nice to see the investments hit a new high...however temporary.
    The only difference between our taliban and theirs are the duds.

  3. #3
    Quote Originally Posted by blues View Post
    Always nice to see the investments hit a new high...however temporary.
    Yep.

    Enjoy it now, 'cause when the market crashes/declines under the policies destined to be enacted, you-know-who will blame it all on you-know-who. 🤣😂🤣😂
    ''Politics is for the present, but an equation is for eternity.'' ―Albert Einstein

    Full disclosure per the Pistol-Forum CoC: I am the author of Quantitative Ammunition Selection. www.quantitativeammunitionselection.com

  4. #4
    they don't think like us blues's Avatar
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    Quote Originally Posted by the Schwartz View Post
    Yep.

    Enjoy it now, 'cause when it crashes/declines under the policies to come, you-know-who will blame it all on you-know-who. 🤣😂🤣😂
    I'm not a big subscriber to the "it's different this time" policy. I don't disagree that it may be...but there's a lot of fat cats in Congress and elsewhere who have a lot of vested interest in not seeing their corporate or personal interests go all Venezuela.

    So, as per usual, I'm staying the course. I simply keep no more in equities than I'm comfortable with...and am willing (and can afford) to wait out any major drop coming back to profitability.
    The only difference between our taliban and theirs are the duds.

  5. #5
    Brass Rat Borderland's Avatar
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    I understand it has a lot to do with Biden's pick for Treasury, Janet Yellen.

    Some progressives will be disappointed that Biden didn't choose Sen. Elizabeth Warren (D-Mass.), who has been far more outspoken in her criticisms of Wall Street and the broader business community. For investors, though, the news suggests a less confrontational approach to economic policy -- something that many had hoped for from a Biden administration.
    https://www.fool.com/investing/2020/...kets-dow-eyes/
    In the P-F basket of deplorables.

  6. #6
    they don't think like us blues's Avatar
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    Let's face it...like most administrations, the campaign promises are composed primarily of hot air. They know which side their bread is buttered on. So, I'm not really believing we're about to become a socialist state.

    That does little to protect the BOR and the 2A specifically, (unless the firearms industry lobbyists and the NRA can grease the wheels), but as far as capitalism is concerned, I don't see it going the way of the dodo just yet...the Squad notwithstanding.
    The only difference between our taliban and theirs are the duds.

  7. #7
    Quote Originally Posted by blues View Post
    I'm not a big subscriber to the "it's different this time" policy. I don't disagree that it may be...but there's a lot of fat cats in Congress and elsewhere who have a lot of vested interest in not seeing their corporate or personal interests go all Venezuela.

    So, as per usual, I'm staying the course. I simply keep no more in equities than I'm comfortable with...and am willing (and can afford) to wait out any major drop coming back to profitability.
    Yep, it is always best to stick with the investment plan that you've decided to follow; the hard part is not letting the Lizard Brain get ahold of you—

    https://www.youtube.com/watch?v=Xqoz...ature=emb_logo
    Last edited by the Schwartz; 11-24-2020 at 11:29 AM.
    ''Politics is for the present, but an equation is for eternity.'' ―Albert Einstein

    Full disclosure per the Pistol-Forum CoC: I am the author of Quantitative Ammunition Selection. www.quantitativeammunitionselection.com

  8. #8
    Wag more, Bark less RJ's Avatar
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    Quote Originally Posted by the Schwartz View Post
    Yep, it is always to stick with the investment plan that you've decided to follow; the hard part is not letting the Lizard Brain get ahold of you—
    True.

    The fact the next four years are going to be worse than a suck-egg mule doesn't mean you can't make some money in the market.
    Character is doing the right thing when nobody's looking. There are too many people who think that the only thing that's right is to get by, and the only thing that's wrong is to get caught.
    — J. C. Watts

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