Re: Stock Market "Limit Up"
[Re: cfowler]
#6800932
03/13/20 06:39 PM
03/13/20 06:39 PM
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Joined: Jul 2008
Posts: 2,414 Idaho Falls, Idaho
Furvor
trapper
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trapper
Joined: Jul 2008
Posts: 2,414
Idaho Falls, Idaho
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I see the market as having been over priced combined with over reactions resulting huge swings. It's possible the market will continue snowballing downhill for several months but I do not expect that.
Yes, the fed is pump priming because of peoples excessive fears of coronavirus. No president wants a crashing economy during a reelection year.
Last edited by Furvor; 03/13/20 06:52 PM.
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Re: Stock Market "Limit Up"
[Re: cfowler]
#6801004
03/13/20 07:28 PM
03/13/20 07:28 PM
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Joined: Apr 2014
Posts: 7,084 MO
cfowler
OP
trapper
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OP
trapper
Joined: Apr 2014
Posts: 7,084
MO
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The pres has made no bones about his views of the fed or the market. I think he's been honest about his desire to lower interest rates, QE, and a devalued dollar. I understand that the fed's injections are intended to extend lending/borrowing opportunities, through the banks, to create market growth (economic stimulus). The concern I hear expressed is that, the opportunities to access the new "cash" is still at a much higher interest rate than the banks themselves are able to obtain. Further, some of the small businesses out there are now having to work harder/longer to ensure supplies, to keep operating. If they are unable to access the things their businesses need to function, sufficient to meet their over-head costs, access to more credit does them no good. Other businesses state a drop in the normal amount of services provided. A lot depends on how long the "panic" last, and the recovery time from the "panic". There's a lot of Americans that don't have $1000 that they can readily access. I think I read a static that 40% don't have enough for a $500 emergency. There's an incredible amount of Americans living above their means. The credit situation is this country is beyond rational explanation. Yet, we have become dependent upon credit as a means to stimulate our economy. Sort-of the dog chasing his tail. Now that I think about it all, I'm pretty sure I'm gonna need a loan, so I can pay off my debts.
I trap for fun. I skin 'em for the money! Grinners For Life-Lifetime Member, MO Chapter, Den #1 ~You Grin, You're In~
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Re: Stock Market "Limit Up"
[Re: Furvor]
#6801485
03/14/20 02:22 AM
03/14/20 02:22 AM
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Joined: Apr 2014
Posts: 7,084 MO
cfowler
OP
trapper
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OP
trapper
Joined: Apr 2014
Posts: 7,084
MO
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You (in jest) sound like the guy who said he wanted to get out of debt so he could start spending again. Only "in jest" would I say it. Good article White. Small pieces. In and out. On your terms. Buying with a sell price target. My take. Smaller makes you able to form a narrower position to hold. Need an "angel" to fund my moves.
I trap for fun. I skin 'em for the money! Grinners For Life-Lifetime Member, MO Chapter, Den #1 ~You Grin, You're In~
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Re: Stock Market "Limit Up"
[Re: white17]
#6801489
03/14/20 02:32 AM
03/14/20 02:32 AM
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Joined: Apr 2018
Posts: 461 Nebraska
Poorcoon
trapper
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trapper
Joined: Apr 2018
Posts: 461
Nebraska
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Sigh. Can you just tell us what it says?
"Nothing I like to do pays well." True Grit
"Revenge is in the hands of God, not mine." Revenant.
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Re: Stock Market "Limit Up"
[Re: cfowler]
#6801493
03/14/20 02:56 AM
03/14/20 02:56 AM
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Joined: Jan 2013
Posts: 1,964 Pillager, Minnesota
patfundine
trapper
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trapper
Joined: Jan 2013
Posts: 1,964
Pillager, Minnesota
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The pres has made no bones about his views of the fed or the market. I think he's been honest about his desire to lower interest rates, QE, and a devalued dollar. I understand that the fed's injections are intended to extend lending/borrowing opportunities, through the banks, to create market growth (economic stimulus). The concern I hear expressed is that, the opportunities to access the new "cash" is still at a much higher interest rate than the banks themselves are able to obtain. Further, some of the small businesses out there are now having to work harder/longer to ensure supplies, to keep operating. If they are unable to access the things their businesses need to function, sufficient to meet their over-head costs, access to more credit does them no good. Other businesses state a drop in the normal amount of services provided. A lot depends on how long the "panic" last, and the recovery time from the "panic". There's a lot of Americans that don't have $1000 that they can readily access. I think I read a static that 40% don't have enough for a $500 emergency. There's an incredible amount of Americans living above their means. The credit situation is this country is beyond rational explanation. Yet, we have become dependent upon credit as a means to stimulate our economy. Sort-of the dog chasing his tail. Now that I think about it all, I'm pretty sure I'm gonna need a loan, so I can pay off my debts. I will agree with 40% not having money in case of an emergency. I personally don't, but we have also been working hard at paying off our bills. I just dropped $900 on my truck loan to pay it off today. I'm hoping we are debt free in about 2 years.
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