Posted on Nov 20, 2018
Dow Falls 950 Points, Or 4 Percent, In 2 Days
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Posted 6 y ago
Responses: 1
Suspended Profile
Yea pretty bad! Gotta go up...please!
Don't get me started on the stock market. Most of these players like to be called a stock market analyzer ... I think a more appropriate name would be... stock market "manipulator".
Instead of running scared, try saying to hell with you China and your threats of a trade war. Traders... stop divesting in America... why not put your "big boy" pants on and start "Investing In America".
You have so-called day-traders who buy and sell stocks all within hours if not minutes of themselves. If you have the majority of them working off the same buy and sell algorithm and they all decide to move at the same time in the same way, that would add up to a large fall for that stock if they all sold at the same time and let's not forget the "hedge fund managers", they can affect the price of stocks in a big way.
The one space of hedge funds that scares me the most, is the real estate speculators. We saw what happen during the last administration with the no income - no job - no assets (NIJA) loans and how our government pushed for them, knowing that the home buyer would not be able to keep their home for very long, yet, they assured the subprime lenders, that they would back up those "worthless" loans with government funds and should the time come, they would bail them out in the event the home owners failed to meet their obligations. I believe I heard that the new Democratic majority in the House want to bring back NIJA loans by doing away with Dodd Frank Act under the guise of loosening up tough bank and institutional regulations. Here come the NIJA's.
I was never big on stocks although back in 89 I had a chance to buy some Walmart stock at a little over $3.00 a share, considering the multiple stock splits and price increases, in retrospect that was a really dumb move not buying up as much as I could afford.
Nowadays, I limit my investment strategies to precious metals, namely gold and silver. I was fortunate enough to find a source where I can purchase silver at $.14 over the current spot and gold at 1% over spot and best of all there is no minimum quantity purchase requirement. Both gold and silver are presently at great investment prices; and if you believe the gloom and doom forecasters... inflation is on the way, then, there isn't a better time to look into the precious metals market. You better believe I am not going to make the Walmart mistake again.
So sorry for the diatribe but like I said... the mere mention of the stock market makes my blood pressure rise.
Instead of running scared, try saying to hell with you China and your threats of a trade war. Traders... stop divesting in America... why not put your "big boy" pants on and start "Investing In America".
You have so-called day-traders who buy and sell stocks all within hours if not minutes of themselves. If you have the majority of them working off the same buy and sell algorithm and they all decide to move at the same time in the same way, that would add up to a large fall for that stock if they all sold at the same time and let's not forget the "hedge fund managers", they can affect the price of stocks in a big way.
The one space of hedge funds that scares me the most, is the real estate speculators. We saw what happen during the last administration with the no income - no job - no assets (NIJA) loans and how our government pushed for them, knowing that the home buyer would not be able to keep their home for very long, yet, they assured the subprime lenders, that they would back up those "worthless" loans with government funds and should the time come, they would bail them out in the event the home owners failed to meet their obligations. I believe I heard that the new Democratic majority in the House want to bring back NIJA loans by doing away with Dodd Frank Act under the guise of loosening up tough bank and institutional regulations. Here come the NIJA's.
I was never big on stocks although back in 89 I had a chance to buy some Walmart stock at a little over $3.00 a share, considering the multiple stock splits and price increases, in retrospect that was a really dumb move not buying up as much as I could afford.
Nowadays, I limit my investment strategies to precious metals, namely gold and silver. I was fortunate enough to find a source where I can purchase silver at $.14 over the current spot and gold at 1% over spot and best of all there is no minimum quantity purchase requirement. Both gold and silver are presently at great investment prices; and if you believe the gloom and doom forecasters... inflation is on the way, then, there isn't a better time to look into the precious metals market. You better believe I am not going to make the Walmart mistake again.
So sorry for the diatribe but like I said... the mere mention of the stock market makes my blood pressure rise.
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