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Go Dow go! #6817988
03/26/20 11:58 AM
03/26/20 11:58 AM
Joined: Dec 2006
Posts: 7,886
Sandhills Nebraska
G
Gary Benson Offline OP
trapper
Gary Benson  Offline OP
trapper
G

Joined: Dec 2006
Posts: 7,886
Sandhills Nebraska
Apparently not everyone is convinced the world is coming to an end. The Dow has recovered somewhat the past few days. I know absolutely nothing about the stock market, and the more I watch the less I know.


I know I'm paranoid......but am I paranoid ENOUGH???
Re: Go Dow go! [Re: Gary Benson] #6818076
03/26/20 01:08 PM
03/26/20 01:08 PM
Joined: Jul 2019
Posts: 237
South Dakota
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Prn Offline
trapper
Prn  Offline
trapper
P

Joined: Jul 2019
Posts: 237
South Dakota
I done some buying the last couple days. It's looking like that was a good choice!

Re: Go Dow go! [Re: Gary Benson] #6818079
03/26/20 01:11 PM
03/26/20 01:11 PM
Joined: Jan 2007
Posts: 13,097
MN
1
160user Offline
trapper
160user  Offline
trapper
1

Joined: Jan 2007
Posts: 13,097
MN
It has a LONG ways to go to get back where it was 30-45 days ago but at least it is finally headed the right way.


I have nothing clever to put here.





Re: Go Dow go! [Re: Gary Benson] #6818080
03/26/20 01:14 PM
03/26/20 01:14 PM
Joined: Mar 2007
Posts: 28,834
McGrath, AK
W
white17 Offline

"General (Mr.Sunshine) Washington"
white17  Offline

"General (Mr.Sunshine) Washington"
W

Joined: Mar 2007
Posts: 28,834
McGrath, AK
I wouldn't get too comfortable yet


Mean As Nails
Re: Go Dow go! [Re: Gary Benson] #6818082
03/26/20 01:15 PM
03/26/20 01:15 PM
Joined: Mar 2010
Posts: 1,920
South Dakota
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Hydropillar Offline
trapper
Hydropillar  Offline
trapper
H

Joined: Mar 2010
Posts: 1,920
South Dakota
if i had to guess its a influx of the 4 trillion dollars the fed is pouring in...Print Baby Print!!! Rock AND ROLL!! Lets all sit on our (/)...
This whole deal is a shipwreck of historic porportions!


The only place you find free cheese is in a mousetrap !
Re: Go Dow go! [Re: Gary Benson] #6818083
03/26/20 01:15 PM
03/26/20 01:15 PM
Joined: Dec 2006
Posts: 10,429
Rodney,Ohio
SNIPERBBB Offline
trapper
SNIPERBBB  Offline
trapper

Joined: Dec 2006
Posts: 10,429
Rodney,Ohio
There was a lot of "free" money just passed out, might just be a temporary bump as unemployment claims was over 3million last week...

Re: Go Dow go! [Re: white17] #6818084
03/26/20 01:17 PM
03/26/20 01:17 PM
Joined: Jan 2018
Posts: 1,262
MN
D
Donnersurvivor Offline
trapper
Donnersurvivor  Offline
trapper
D

Joined: Jan 2018
Posts: 1,262
MN
Originally Posted by white17
I wouldn't get too comfortable yet

Bailout passed and stock market is up, depression cancelled. Feds thinking they can sweep this whole thing under the rug, feels like we intimidated a mean dog but for how long? He's still in the yard and he's still mean.

Last edited by Donnersurvivor; 03/26/20 01:23 PM.
Re: Go Dow go! [Re: Gary Benson] #6818089
03/26/20 01:22 PM
03/26/20 01:22 PM
Joined: Mar 2013
Posts: 11,565
Fredonia, PA.
Finster Offline
trapper
Finster  Offline
trapper

Joined: Mar 2013
Posts: 11,565
Fredonia, PA.
It's way up because of the stimulus hype. As soon as they realize it's a red herring, it will crash again. If President Trump extends the lockdown, it will crash big time. I'm way up. I took the plunge on a guess at the bottom last week and invested. I'm up over 25% right now and considering whether or not to cash out and wait for the next plunge? It will be coming.


I BELIEVE IN MY GOD, MY COUNTRY, MYSELF.
Re: Go Dow go! [Re: Gary Benson] #6818095
03/26/20 01:29 PM
03/26/20 01:29 PM
Joined: Dec 2006
Posts: 7,886
Sandhills Nebraska
G
Gary Benson Offline OP
trapper
Gary Benson  Offline OP
trapper
G

Joined: Dec 2006
Posts: 7,886
Sandhills Nebraska
I just came from the grocery store. Owner said the warehouse will be sending two kinds of bread....white and wheat. None of the 25 different whole grain etc etc etc. He ordered 25 cases of toilet paper and got 2. But there is toilet paper on the shelf so maybe people are relaxing a little bit.


I know I'm paranoid......but am I paranoid ENOUGH???
Re: Go Dow go! [Re: Gary Benson] #6818211
03/26/20 04:01 PM
03/26/20 04:01 PM
Joined: Dec 2006
Posts: 4,231
Three Lakes,WI 68
C
corky Offline
trapper
corky  Offline
trapper
C

Joined: Dec 2006
Posts: 4,231
Three Lakes,WI 68
Closed plus 1322

Re: Go Dow go! [Re: Gary Benson] #6818257
03/26/20 04:46 PM
03/26/20 04:46 PM
Joined: Feb 2007
Posts: 370
ohio
BuckMink Offline
trapper
BuckMink  Offline
trapper

Joined: Feb 2007
Posts: 370
ohio
I paper trade commodities continuing to watch what works for me on trades. On silver with this virus, would have made $16,700 over a couple of days and of course that is only one contract without buying 1 or 2 more when i entered. Nice to know, that could have been actual money in my hands...even better if it was.

Shopping for my "could have been" bass boat next week.

Otherwise, just a steady buy and hold until retirement age in my ira.

Re: Go Dow go! [Re: Gary Benson] #6818292
03/26/20 05:18 PM
03/26/20 05:18 PM
Joined: Nov 2008
Posts: 1,256
Michigan
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Michigander Offline
trapper
Michigander  Offline
trapper
M

Joined: Nov 2008
Posts: 1,256
Michigan
Unemployment numbers double than what was expected. Dow jumps 1300. Here is a chart of the past 50 years of unemployment filings.


[Linked Image]


Re: Go Dow go! [Re: Gary Benson] #6818314
03/26/20 05:43 PM
03/26/20 05:43 PM
Joined: Mar 2010
Posts: 1,292
wyoming southeast
D
danvee Offline
trapper
danvee  Offline
trapper
D

Joined: Mar 2010
Posts: 1,292
wyoming southeast
Dead coon bounce, and wait till the reality of unemployment, the real estate market and lost revenue hits the street the stimulus package is not going to bail us out. It will help but it is going to take a long time for this to heal. Just my thinking but I am glad the market bounced the last 3 days.

Re: Go Dow go! [Re: Gary Benson] #6818330
03/26/20 06:06 PM
03/26/20 06:06 PM
Joined: Dec 2007
Posts: 5,406
Port Jervis, NY
B
beachcomber13 Offline
trapper
beachcomber13  Offline
trapper
B

Joined: Dec 2007
Posts: 5,406
Port Jervis, NY
I think that as soon is everybody is allowed out of their house they will be happy to get back to work. I believe most small business will pull through this temporary down time and rehire those willing to work. The workers will be happy with zero percent interest rates on cars and homes and will buy like hasn't been seen in a long time. Trump will be smelling like a rose because he'll be the one to have pulled us from the brink of a major depression to stellar highs. Ten he will be voted back in with a lot more one time Democratic voters. I'll give it four months til everybody is smiling.

Re: Go Dow go! [Re: Gary Benson] #6818372
03/26/20 06:35 PM
03/26/20 06:35 PM
Joined: Dec 2006
Posts: 7,886
Sandhills Nebraska
G
Gary Benson Offline OP
trapper
Gary Benson  Offline OP
trapper
G

Joined: Dec 2006
Posts: 7,886
Sandhills Nebraska
I like to see optimism!.


I know I'm paranoid......but am I paranoid ENOUGH???
Re: Go Dow go! [Re: Gary Benson] #6818381
03/26/20 06:36 PM
03/26/20 06:36 PM
Joined: Nov 2008
Posts: 1,256
Michigan
M
Michigander Offline
trapper
Michigander  Offline
trapper
M

Joined: Nov 2008
Posts: 1,256
Michigan
Optimism is one thing, being delusional is another.


Re: Go Dow go! [Re: Gary Benson] #6818413
03/26/20 06:55 PM
03/26/20 06:55 PM
Joined: Dec 2007
Posts: 5,406
Port Jervis, NY
B
beachcomber13 Offline
trapper
beachcomber13  Offline
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Joined: Dec 2007
Posts: 5,406
Port Jervis, NY
Right on, Gary!

I don't think I'm being delusional, Michigander. I happen to know quite a few people running small businesses and they've been socking away cash over the last couple years. I have a small painting busineness(15 years) and am still working, however, a few week vacation won't put me under, nor will it many of my friends. Recently I painted a nail salon and a pizza joint, both owners paid with stacks of twenties. I have a strong feeling many others are hoarding stacks of unclaimed cash as well.

Re: Go Dow go! [Re: Gary Benson] #6818420
03/26/20 07:01 PM
03/26/20 07:01 PM
Joined: Jul 2019
Posts: 237
South Dakota
P
Prn Offline
trapper
Prn  Offline
trapper
P

Joined: Jul 2019
Posts: 237
South Dakota
As far as the stock market goes. Stocks have been so cheap I think it is crazy not to throw some money at it. When the stimulus check comes that is going straight into the stock market as well. Worse that can happen is it is lost, I figure I never had it in the first place. I am a very conservative person when it comes to money (my wife says cheap). I dont go buying stocks I have never heard of hoping they will make it big. I just buy some well known company's and figure hey I have 30 years before I retire.

Re: Go Dow go! [Re: beachcomber13] #6818429
03/26/20 07:05 PM
03/26/20 07:05 PM
Joined: Nov 2010
Posts: 270
Iowa
B
beeman Offline
trapper
beeman  Offline
trapper
B

Joined: Nov 2010
Posts: 270
Iowa
Originally Posted by beachcomber13
Right on, Gary!

I don't think I'm being delusional, Michigander. I happen to know quite a few people running small businesses and they've been socking away cash over the last couple years. I have a small painting busineness(15 years) and am still working, however, a few week vacation won't put me under, nor will it many of my friends. Recently I painted a nail salon and a pizza joint, both owners paid with stacks of twenties. I have a strong feeling many others are hoarding stacks of unclaimed cash as well.



Oh man that is really great bragging about people who have loads of cash which I presume is in the form of cash because they didnít pay any taxes on it.
Meanwhile the rest of us patriots pay our fair share. Hiding income is against the law. Are you doing the same thing accepting cash for your work and not paying any taxes on it?

Re: Go Dow go! [Re: Gary Benson] #6818532
03/26/20 08:31 PM
03/26/20 08:31 PM
Joined: Dec 2006
Posts: 7,886
Sandhills Nebraska
G
Gary Benson Offline OP
trapper
Gary Benson  Offline OP
trapper
G

Joined: Dec 2006
Posts: 7,886
Sandhills Nebraska
^^^ I hope everyone is stashing cash without paying taxes on it. The Gubmint is the most wasteful body in the world.


I know I'm paranoid......but am I paranoid ENOUGH???
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