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Today's close:

Dow 30 - down 2.77%
S&P 500 - down 3.63%
NASDAQ - down 4.17%
Russell 2000 - down 2.81%

Inflation we have. Recession has started. Unemployment is next.

Elections have consequences. Stolen elections have catastrophic consequences.

Abuse a Democrat today.

1 posted on 04/29/2022 2:44:37 PM PDT by ConservativeInPA
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To: ConservativeInPA

Abuse a Democrat today.

*************

The Republicans will rush to comfort them if you do.

I agree that the only way to deal with Democrats is to put them on defense. But the GOP doesn’t see it that way.


2 posted on 04/29/2022 2:49:14 PM PDT by Starboard
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To: ConservativeInPA

That is Wall Street. Main Street is already in deep trouble.

Stagflation abounds. Welcome back, Carter. Like you never left.


3 posted on 04/29/2022 2:49:16 PM PDT by alloysteel (There are folks running the government who shouldn't be allowed to play with matches - Will Rogers)
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To: ConservativeInPA

???? I’m actually puzzled that the DOW did so well considering we just found out we are in a recession. Call me stupid but I’m thinking you have to be nuts to buy equities at the start of a recession.


4 posted on 04/29/2022 2:50:49 PM PDT by Sam Gamgee
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To: ConservativeInPA
"The Stock Market's Crashing. Should You Worry?"


5 posted on 04/29/2022 2:51:27 PM PDT by plain talk
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To: ConservativeInPA

I have a dollar amount at which I am prepared to pull out of the market. So far this year, I have come within a dollar of that level twice.


6 posted on 04/29/2022 2:51:39 PM PDT by OrangeHoof ("Rust" may be the first movie where the blooper reel gets more viewings than the actual film.)
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To: ConservativeInPA
Despite the stock market's recent sell-off, sticking to your investment plan is still the best strategy.

How can he make such a blanket statement? If the plan is bad, you shouldn't stick with it at all.

7 posted on 04/29/2022 2:52:14 PM PDT by Robert DeLong
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To: ConservativeInPA
For the long term investors, this will work out (dollar cost averaging). For those who just retired, you are likely screwed.

Stolen elections have consequences.

We were flying high with Trump. It has been a colossal disaster since the election was stolen.

8 posted on 04/29/2022 2:53:30 PM PDT by SamAdams76 (2.14 million active users on Truth Social)
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To: ConservativeInPA

Nope. Went to 80% cash a few weeks back. Rest in AMR and gold.


11 posted on 04/29/2022 2:59:38 PM PDT by montag813
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To: ConservativeInPA

I don’t have a crystal ball. No one does. We may be in a great bear market for the next two and half years as the Biden administration trudges along. If Trump is (re)elected in 2024, I’d imagine that the bull market of his first term would be back in a huge way. If Dementia Joe (or Semi-Ambulatory Corpse Joe, by that point) wins 2024, forget it. This country is finally and officially over at that point.


13 posted on 04/29/2022 3:00:18 PM PDT by irishjuggler
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To: ConservativeInPA

I’ve been “in the market” for a little more than 50 years.

Ups and downs for sure but over all it’s been very kind to me.


15 posted on 04/29/2022 3:03:21 PM PDT by Graybeard58
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To: ConservativeInPA

i am thinking 27K is a good number for the Dow.


18 posted on 04/29/2022 3:06:18 PM PDT by DEPcom (Make the enemy live up to its own book of rules)
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To: ConservativeInPA

“”””There’s evidence that the market may bounce soon in what is known as a relief rally.””””


The stock market has already had its relief rally bounce and that ended in March.

The future looks very gloomy for the equity markets going forward.

The markets are over priced. The price/earnings ratio for the S&P 500 is above 70. For decades the price/earnings ratio for the S&P 500 was under 20.


20 posted on 04/29/2022 3:16:05 PM PDT by Presbyterian Reporter
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To: ConservativeInPA

“It may not be tomorrow, next month, or this year, but the stock market is a fantastic wealth generation machine, and over time, the dramatic sell-off we’re experiencing will simply be another data point on a chart.”

What if you don’t have 20 years to wait for a recovery of your 50% losses? If you lose 50%, you need a 100% movement up to get back what was lost.


21 posted on 04/29/2022 3:23:36 PM PDT by sergeantdave
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To: ConservativeInPA

It’s a Kleptocracy I tells ya!


22 posted on 04/29/2022 3:25:27 PM PDT by Dr. Ursus
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To: ConservativeInPA

https://stockcharts.com/freecharts/pnf.php?chart=$spx,PLPADANRBO[PA][D][F1!4!2.5!!2!20]&pref=G


23 posted on 04/29/2022 3:31:11 PM PDT by Presbyterian Reporter
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To: ConservativeInPA

New term, inflationary Depression.


26 posted on 04/29/2022 3:35:15 PM PDT by cowboyusa (America Cowboy up! S Matter)
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To: ConservativeInPA

Jimmah Carter says no problem, Kamala has this handled.

5.56mm


32 posted on 04/29/2022 3:45:28 PM PDT by M Kehoe (Quid Pro Joe and the Ho need to go.)
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To: ConservativeInPA

I feel bad for the persons with 401ks that are at retirement now, especially if they haven’t moved into other things.
The rest of us will be fine. Our dollars will buy shares are lower prices, then recover. And yes, I know inflation means our dollars are worth less. The only way out of this is to get rid of the Dim majority.


38 posted on 04/29/2022 4:47:00 PM PDT by vpintheak (Live free, or die!)
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To: ConservativeInPA

It’s only money, and the future of my life on the line.

Should I worry?

I have a back-up plan. Someone died for me.

I appreciate it very much, and try to let him know each day.


39 posted on 04/29/2022 4:54:10 PM PDT by DoughtyOne (I pledge allegiance the flag of the U S of A, and to the REPUBLIC for which it stands.)
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To: ConservativeInPA

“Sell in May and go away.”


42 posted on 04/29/2022 5:11:29 PM PDT by aMorePerfectUnion (Fraud vitiates everything.)
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