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12-26-2018, 04:47 PM
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#106
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,659
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Quote:
Originally Posted by Saratoga_Mike
I never thought it was a good idea for Trump to hitch his wagon to the market so closely, but he did. I don't think it's a good way to measure a president, as you (implicitly) pointed out when commenting on the stock market under Obama in his early years.
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He did? I did?
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12-26-2018, 04:50 PM
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#107
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,659
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Quote:
Originally Posted by barn32
I guess that's one of the reasons he finally busted out of the casino business, and the airplane business, and the steak business, and the water business, and the real estate school business, and dozens of other businesses.
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Hilarious. Nothing like a 1,000 point up day to really bring out the comedy.
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12-26-2018, 04:53 PM
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#108
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Buckle Up
Join Date: Apr 2014
Posts: 10,614
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Don't get too excited people....This is a relief rally, nothing else....We haven't come close to the bottom.
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12-26-2018, 05:02 PM
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#109
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Veteran
Join Date: Jun 2002
Location: near Philadelphia
Posts: 4,560
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Why do you think that Randall ?
Give us a real reason or opinion please, not one of those vague answers. I stopped reading the Q thread.
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12-26-2018, 05:07 PM
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#110
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Veteran
Join Date: Jun 2002
Location: near Philadelphia
Posts: 4,560
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Quote:
Originally Posted by Saratoga_Mike
I never thought it was a good idea for Trump to hitch his wagon to the market so closely, but he did. I don't think it's a good way to measure a president, as you (implicitly) pointed out when commenting on the stock market under Obama in his early years.
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Only Trump haters make a big deal of this Mike, he hitching his wagon to the market.
Yet, if you were an honest critic, you would admit that since the market was about 17,700 in Nov. 2016 and it went to 25,000 since he's been President, that's nothing to sneeze at.
No??
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12-26-2018, 05:11 PM
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#111
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Veteran
Join Date: Mar 2009
Posts: 9,893
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Quote:
Originally Posted by PaceAdvantage
He did? I did?
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I thought someone mentioned the market rallying strongly in Obama's first few years. I thought you said (paraphrase), "well it had been hammered, so easier to rally from lower levels." If you weren't implying the stock market is not a good way to measure a president, I apologize. Maybe I had the wrong poster.
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12-26-2018, 05:14 PM
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#112
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Veteran
Join Date: Mar 2009
Posts: 9,893
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Quote:
Originally Posted by reckless
Only Trump haters make a big deal of this Mike, he hitching his wagon to the market.
Yet, if you were an honest critic, you would admit that since the market was about 17,700 in Nov. 2016 and it went to 25,000 since he's been President, that's nothing to sneeze at.
No??
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Agreed, big move. When did I say it wasn't? For the 10th time, I think it's late in the economic cycle. I think monetary policy is more powerful than fiscal policy. I'm not sure why that's so offensive, unless you're a permabull who thinks the economy never contracts. You don't strike me as that, but maybe I'm mistaken.
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12-26-2018, 05:36 PM
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#113
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,889
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Quote:
Originally Posted by ReplayRandall
Don't get too excited people....This is a relief rally, nothing else....We haven't come close to the bottom.
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....or the top!
I thing this is all the Global Warming crown having panic attacks and wtting themselves.
Huh?
Market down?
Wheels coming off?
What's that?
Market back up?
__________________
Who does the Racing Form Detective like in this one?
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12-26-2018, 05:36 PM
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#114
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Registered User
Join Date: Mar 2013
Posts: 5,414
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Quote:
Originally Posted by davew
Do you make contracts now for next years hay crop?
Have you already sold all of last years hay?
or are you a custom operator?
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all sold. no I don't custom at this time. I don't do contracts per se but I have normal customers that generally buy it. They have friends that will buy if they don't need as much for some reason.
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12-26-2018, 05:44 PM
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#115
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Buckle Up
Join Date: Apr 2014
Posts: 10,614
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Quote:
Originally Posted by reckless
Why do you think that Randall ?
Give us a real reason or opinion please, not one of those vague answers. I stopped reading the Q thread.
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A 'relief rally' is when the market goes back up (temporarily) to give big investors 'relief'. They realize they've made a mistake and need some sucker to dump on. That's where you come in. You and other talking heads, are telling the sheep to buy stock and they are dumb enough to listen to you. The stock prices go back up, giving the big investors a chance to dump their shares and leave the sheep holding the bag. After the big guys dump, the price goes back down and the sheep get screwed. The bottom drops out of the market and it plummets down. They can't sell because they bought back in again, while the prices were much higher. The Big Boys will wait until it hits the bottom twice, and then they start buying again.....Same old con, but this time the market crashes so hard, it becomes a Global Collapse, with no recovery in sight....Currency re-set then takes place.
Bottom-line, the US never recovered from the Deep Recession, it was just papered over with monopoly money.....Reality now comes...Good Luck.
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12-26-2018, 06:13 PM
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#116
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Veteran
Join Date: Mar 2009
Posts: 9,893
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Quote:
Originally Posted by ReplayRandall
A 'relief rally' is when the market goes back up (temporarily) to give big investors 'relief'. They realize they've made a mistake and need some sucker to dump on. That's where you come in. You and other talking heads, are telling the sheep to buy stock and they are dumb enough to listen to you. The stock prices go back up, giving the big investors a chance to dump their shares and leave the sheep holding the bag. After the big guys dump, the price goes back down and the sheep get screwed. The bottom drops out of the market and it plummets down. They can't sell because they bought back in again, while the prices were much higher. 1) The Big Boys will wait until it hits the bottom twice, and then they start buying again.....Same old con, but 2)this time the market crashes so hard, it becomes a Global Collapse, with no recovery in sight....Currency re-set then takes place.
Bottom-line, the US never recovered from the Deep Recession, it was just papered over with monopoly money.....Reality now comes...Good Luck.
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1) It's a myth the "Big Boys" are on the right side of big market moves. Take a look at hedge fund performance over the past 10 years. Moreover, if you look at the hedge fund net exposure, it tends to fluctuate with retail investor sentiment.
2) You have no historical reference point to make this statement, at least not with such a high degree of confidence. I never rule out any outcome, but you can't say for certain how Reverse QE will impact the economy (I expect a drag, but the extent is unknown). What can you point to? Sweden's actions in the mid to late 90s after their banking crisis? That would disprove your position, plus it isn't a good comparison-- I just mention it b/c there isn't much else to look at. Personally, I have a lot of cash, as I'm sympathetic to your thinking.
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12-26-2018, 06:19 PM
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#117
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Smarty Pants
Join Date: Sep 2001
Location: Every Vote Counts
Posts: 3,160
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Quote:
Originally Posted by ReplayRandall
A 'relief rally' is when the market goes back up (temporarily) to give big investors 'relief'. They realize they've made a mistake and need some sucker to dump on. That's where you come in. You and other talking heads, are telling the sheep to buy stock and they are dumb enough to listen to you. The stock prices go back up, giving the big investors a chance to dump their shares and leave the sheep holding the bag. After the big guys dump, the price goes back down and the sheep get screwed. The bottom drops out of the market and it plummets down. They can't sell because they bought back in again, while the prices were much higher. The Big Boys will wait until it hits the bottom twice, and then they start buying again.....Same old con, but this time the market crashes so hard, it becomes a Global Collapse, with no recovery in sight....Currency re-set then takes place.
Bottom-line, the US never recovered from the Deep Recession, it was just papered over with monopoly money.....Reality now comes...Good Luck.
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What you're saying is we're all going to die, and while that's true, it has nothing to do with Economics.
Better to keep your mouth shut rather than remove all doubt.
Last edited by Buckeye; 12-26-2018 at 06:22 PM.
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12-26-2018, 06:25 PM
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#118
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Registered User
Join Date: Jan 2006
Posts: 28,570
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Quote:
Originally Posted by Saratoga_Mike
1) It's a myth the "Big Boys" are on the right side of big market moves. Take a look at hedge fund performance over the past 10 years. Moreover, if you look at the hedge fund net exposure, it tends to fluctuate with retail investor sentiment.
2) You have no historical reference point to make this statement, at least not with such a high degree of confidence. I never rule out any outcome, but you can't say for certain how Reverse QE will impact the economy (I expect a drag, but the extent is unknown). What can you point to? Sweden's actions in the mid to late 90s after their banking crisis? That would disprove your position, plus it isn't a good comparison-- I just mention it b/c there isn't much else to look at. Personally, I have a lot of cash, as I'm sympathetic to your thinking.
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I wish I had your problem...
__________________
"Theory is knowledge that doesn't work. Practice is when everything works and you don't know why."
-- Hermann Hesse
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12-26-2018, 06:29 PM
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#119
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Veteran
Join Date: Mar 2009
Posts: 9,893
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Quote:
Originally Posted by thaskalos
I wish I had your problem...
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Step 1 - move away from Vegas. Step 2 - stop betting.
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12-26-2018, 06:31 PM
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#120
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Veteran
Join Date: Mar 2009
Posts: 9,893
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Quote:
Originally Posted by Buckeye
What you're saying is we're all going to die, and while that's true, it has nothing to do with Economics.
Better to keep your mouth shut rather than remove all doubt.
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That isn't what he said at all, but thanks.
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