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To: Red Badger
300 points sounds scary. In 1980 it would have been a certified crash. Today it's a blip because the market is ridiculously high. It has to fall 3,000 or something like that before it becomes "crash" territory. 300 is a buy opportunity but even that isn't much of one because as I said, it's like a little bit of above average noise at these levels.

Worry if it's sustained for a while signalling a turn into a bear market.

21 posted on 06/19/2018 7:27:41 AM PDT by pepsi_junkie (Russians couldnt have done a better job destroying sacred American institutions than Democrats have)
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To: pepsi_junkie

People don’t look at the whole picture. Trump does. It includes tax reform, cutting regulations, and continued domestic energy development. The “trade war” is just one facet, and Trump is managing it as part of a holistic strategy.

He is doing the things that needed doing a long time ago. There will be adjustment, but economic freedom is just like any other freedom. It’s not free.


26 posted on 06/19/2018 7:44:18 AM PDT by henkster (Monsters from the Id.)
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