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Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi: |
04-02-2018, 09:07 AM
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#1
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Registered User
Join Date: Jul 2008
Posts: 20,441
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Quote:
Originally Posted by spence
Are you planning on cashing out?
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No, but for damn sure I have stop loss orders on my top holdings...the correction is coming.
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04-02-2018, 09:56 AM
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#2
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,463
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Quote:
Originally Posted by Jim in CT
No, but for damn sure I have stop loss orders on my top holdings...the correction is coming.
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So you're claiming the market gains the past 12 months are evidence of Trump's fiscal sophistication even though they're about to crash.
Good one.
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04-02-2018, 10:40 AM
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#3
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Registered User
Join Date: Jul 2008
Posts: 20,441
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Quote:
Originally Posted by spence
So you're claiming the market gains the past 12 months are evidence of Trump's fiscal sophistication even though they're about to crash.
Good one.
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See here's the difference between you and me. I ask you a question, you evade (you still haven't answered). You ask me a question, I respond directly. I can respond directly, because unlike some people, my opinions are a result of critical thinking, as opposed to blind, fanatical acceptance of one party's doctrine.
Many people, regardless of party, think a correction/recession is due. That is not necessarily a rejection of Trump's policies (though people like you will obviously spin it that way when it happens). Whoever won in 2016, was going to inherit an economy that was ripe for some pain. The tax overhaul instantly made companies more profitable, thus more valuable, thus perhaps postponing the correction.
It didn't matter whether Bernie Sanders won, or Ted Cruz, or someone in between. We are ripe for a correction. I would say the same exact thing, regardless of the party of the winner of the election. Your spin, depends entirely on the party of the POTUS, that tells you whether you give the POTUS credit or blame.
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04-02-2018, 12:41 PM
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#4
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,463
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Quote:
Originally Posted by Jim in CT
See here's the difference between you and me. I ask you a question, you evade (you still haven't answered). You ask me a question, I respond directly. I can respond directly, because unlike some people, my opinions are a result of critical thinking, as opposed to blind, fanatical acceptance of one party's doctrine.
Many people, regardless of party, think a correction/recession is due. That is not necessarily a rejection of Trump's policies (though people like you will obviously spin it that way when it happens). Whoever won in 2016, was going to inherit an economy that was ripe for some pain. The tax overhaul instantly made companies more profitable, thus more valuable, thus perhaps postponing the correction.
It didn't matter whether Bernie Sanders won, or Ted Cruz, or someone in between. We are ripe for a correction. I would say the same exact thing, regardless of the party of the winner of the election. Your spin, depends entirely on the party of the POTUS, that tells you whether you give the POTUS credit or blame.
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It's a silly question. Unless I'm going to pull money out my 401k value is meaningless. Could be 1/2 what it is now when I retire.
Posted from my iPhone/Mobile device
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04-02-2018, 01:57 PM
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#5
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Registered User
Join Date: Jul 2008
Posts: 20,441
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Quote:
Originally Posted by spence
It's a silly question. Unless I'm going to pull money out my 401k value is meaningless. Could be 1/2 what it is now when I retire.
Posted from my iPhone/Mobile device
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It's not even close to meaningless. If your 401k is up since he's been in, an honest person would give him credit.
Likelihood of cashing out means nothing. Bush was crucified when the economy tanked at the end of hos term, and I'd bet my house that you were among those who criticized him. were you cashing out then?
I don't even know what you are saying...only those ready to cash out, are qualified to opine on the economic policies of the current POTUS? Absurd.
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04-02-2018, 02:18 PM
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#6
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Registered User
Join Date: Jun 2012
Location: Somerset MA
Posts: 9,371
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This was about Trump and Amazon lets simplify the topic with a right or wrong. was trump right or wrong to attack Amazon and cause a stock drop which remove 30 billion dollars in value.
I say wrong
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04-02-2018, 02:49 PM
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#7
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Ledge Runner Baits
Join Date: Oct 2000
Location: I live in a house, but my soul is at sea.
Posts: 8,615
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Trump loves to stir the pot, especially if that pot is someone he thinks he owes some payback to and if he felt state taxes for online sales are something that needed to be adjusted, it should have been done in another way. POTUS shouldn't be taking personal matters to the public's attention like he did, it should have been handled with legislation or some other means.
Russian hackers have just breached lord and taylor among others, I'm sure DJT will be blasting the state sponsor cyber crime in his next speech.........NOT.
To suggest DJT is solely responsible for the ups and downs of the market is absurd, but he certainly has had a negative impact with the trade war he has started and certainly calling out Amazon like he did doesn't help. He came into office with the market going in the right direction, the economy and some of his moves, helped it continue in that direction. But while he repeatedly over and over and over and over took credit for the stock market, I guarantee he won't take any blame for what is happening now.
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