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Dow futures tumble as Wall Street preps for meltdown
CnbC ^
| 8/24/2015
| Jenny Cosgrove
Posted on 08/24/2015 4:00:11 AM PDT by EBH
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To: Neoliberalnot
It is all tied to Chinas failing economy. Every commie/socialist economy fails and when we do so much business with them, we are going to take the hit too.
Trump’s been warning us about this...for years, now.
181
posted on
08/24/2015 8:33:36 AM PDT
by
Jane Long
("And when thou saidst, Seek ye my face; my heart said unto thee, Thy face, LORD, will I seek")
To: fwdude
For far too long we’ve had a mindset of “Hey, I’ve got mine, so whatever”. Politicians have played to our baser instincts, and we’ve lost sight of trying to do what’s good in the long run.
One of the best indicators of how well a child will succeed as an adult is their level of delayed gratification.
We’ve sold our seed corn, and it’s only a matter of time before we reap the whirlwind.
182
posted on
08/24/2015 8:33:44 AM PDT
by
P.O.E.
(Pray for America)
To: grumpygresh
There is no predicting a bottom or a top really. Too many variables and machines involved.
To: fwdude
As far as I am concerned we have it coming to us. A nation that condones baby murder is getting its due.. As Steyn has said no other nation on earth aborts babies as far along as the US does.
184
posted on
08/24/2015 8:48:04 AM PDT
by
Sam Gamgee
(May God have mercy upon my enemies, because I won't. - Patton)
To: EBH
185
posted on
08/24/2015 8:48:39 AM PDT
by
TexasGunLover
("Either you're with us or you're with the terrorists."-- President George W. Bush)
To: EBH
Many of them are on Forbes on Fox. I love those guys for their political opinions but one thinks they must get a kick back from Wall Steet for are their bullishness.
186
posted on
08/24/2015 8:48:54 AM PDT
by
Sam Gamgee
(May God have mercy upon my enemies, because I won't. - Patton)
To: pgkdan
I would never ever give anyone that advise.
187
posted on
08/24/2015 8:49:40 AM PDT
by
dragnet2
(Diversion and evasion are tools of deceit)
To: abb
Why short a rigged market. Who knows what will happen from day to day with orders to the Fed to save the market at all costs. Can’t fight Washington.
188
posted on
08/24/2015 8:49:58 AM PDT
by
Sam Gamgee
(May God have mercy upon my enemies, because I won't. - Patton)
To: EBH
We’ll see. I have an ominous feeling/discernment about this.
With parasites running amuck with the administration’s blessing the past several years, this won’t be a run-of-the-mill stock market “correction.” Law and order are derided as “racist,” so any upset in the economy is not going to be pretty on the street.
189
posted on
08/24/2015 8:50:12 AM PDT
by
fwdude
(The last time the GOP ran an "extremist," Reagan won 44 states.)
To: Sam Gamgee
As far as I am concerned we have it coming to us. No argument from me on this at all.
190
posted on
08/24/2015 8:51:28 AM PDT
by
fwdude
(The last time the GOP ran an "extremist," Reagan won 44 states.)
To: Sam Gamgee
I went short on DJIA Components a week ago Friday. Cashed out big about an hour ago.
To: EBH
The Trump Depression is starting!
192
posted on
08/24/2015 8:52:26 AM PDT
by
Awgie
(truth is always stranger than fiction)
To: Jim Noble
How long do you imagine it will be yours?
China was dumping pension money in the markets there by the billions to shore it up. Didn't work, and now those pension monies are gone.
My daughter is working in China right now and she says in the news there, they are saying people are jumping off buildings a lot due to losses. My advise-don't walk under tall buildings for a while...especially those with brokers in them..
193
posted on
08/24/2015 8:59:07 AM PDT
by
Aut Pax Aut Bellum
(I love my dog, but a .45 is man's best friend...)
To: Sam Gamgee
My point is this: My wife and I have been long-term buy and hold investors for 40 years. Through ups and downs, hot and cold, night and day. We planned, studied, and invested wisely. We could have bought gold, property, bonds or whatever. But equities - historically - have the best long-term return of ANY investment, bar none.
We have been rewarded well for our patience and diligence, so the old BS that markets are “rigged” is just that - BS.
We were both able to retire at age 59, and are able to do extensive traveling. We had the courage of our convictions, and put down real, earned dollars to do this. We will continue to so.
We bought Thursday and Friday, and will buy more today.
Now if you think it’s all going to hell, put your money up. Short the market. You can make a lot of money in a hurry if you really believe what you say.
194
posted on
08/24/2015 9:01:03 AM PDT
by
abb
("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
To: Old Sarge
195
posted on
08/24/2015 9:01:18 AM PDT
by
VTenigma
(The Democratic party is the party of the mathematically challenged)
To: lucky american
Your 401(k) or IRA is only affected if you are retiring in the near future, and if that is the case then you shouldn't be heavily invested in stocks anyway.
When you think about it, the stock market should only matter at two points in time: the moment you buy and the moment you sell. Worrying about the performance of the stock market when you are 5+ years from retirement is a perfect example of a waste of time and energy.
196
posted on
08/24/2015 9:16:04 AM PDT
by
Alberta's Child
("It doesn't work for me. I gotta have more cowbell!")
To: pgkdan
Most working Americans have 401k accounts. I panicked in 2008 and made major changes after that crash. This is why smart long-term investors don't read financial stories in the news. Why would you ever make long-term decisions based on short-term changes in the market?
197
posted on
08/24/2015 9:18:37 AM PDT
by
Alberta's Child
("It doesn't work for me. I gotta have more cowbell!")
To: pgkdan
Same. Not falling for it again.
To: PAR35
People aren’t buying things today — essential or non-essential — with the money in their retirement accounts.
199
posted on
08/24/2015 9:20:44 AM PDT
by
Alberta's Child
("It doesn't work for me. I gotta have more cowbell!")
To: abb
The voice of reason, abb.
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