Volatile Market .... or played like a card ?

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  • Sandpebble
    Senior Member
    • Mar 2017
    • 2196

    #1

    Volatile Market .... or played like a card ?

    So the "greatest tax break in history" brings us the greatest Wall Street numbers of all time ...... and in a flash

    In a flash we witness financial musical chairs..... and for some the music just stopped .

    How strong is our economy when two nations far away can decide to have an "oil price war" and in moments... literally moments ... decimate our wonderfull " gains".

    Russia... "our friend" .... decides to get buddy buddy with "our friend" Saudi Arabia and ..... oh wait , I'm wrong again.

    It wasn't the corona virus ... it wasn't the "collusion" between two American enemies that brought this all on .....

    The Pres just told us all the falliing numbers of the stock market was the fault of the ..... " Media "

    fake news BS again ...
  • lyman
    Administrator - OFC
    • Aug 2009
    • 11268

    #2
    it's all a cycle,


    play the long game,

    Comment

    • togor
      Banned
      • Nov 2009
      • 17610

      #3
      Now seems like a terrific time to restock the Strategic Petroleum Reserve.

      Comment

      • S.A. Boggs
        Senior Member
        • Aug 2009
        • 8568

        #4
        Originally posted by lyman
        it's all a cycle,


        play the long game,
        No one wants to play by "their" rules.
        Sam

        Comment

        • Sandpebble
          Senior Member
          • Mar 2017
          • 2196

          #5
          Originally posted by lyman
          it's all a cycle,


          play the long game,
          Maybe it's a cycle Lyman ... but this just showes... or should have showed us all how easy our economy can be turned into musical chairs

          this one wasn't cyclical

          Comment

          • Vern Humphrey
            Administrator - OFC
            • Aug 2009
            • 15875

            #6
            Originally posted by lyman
            it's all a cycle,


            play the long game,
            The long game is the only game to play. In any given day, month or year, you can lose money. But over the long haul, you come out ahead.

            Comment

            • Sandpebble
              Senior Member
              • Mar 2017
              • 2196

              #7
              Originally posted by Vern Humphrey
              The long game is the only game to play. In any given day, month or year, you can lose money. But over the long haul, you come out ahead.
              The long haul is OK for guys like you Vern who have reached the end of the long haul.

              Sub 35 year olds have already started their lives in debt they can't get out of.... be it school loans or medical bills ( even insurance co pay can be financially crippling }

              We don't want guys like Bernie .... then we need to worry more about the sub 35s than we do about your "long haul "

              Comment

              • lyman
                Administrator - OFC
                • Aug 2009
                • 11268

                #8
                Originally posted by Sandpebble
                The long haul is OK for guys like you Vern who have reached the end of the long haul.

                Sub 35 year olds have already started their lives in debt they can't get out of.... be it school loans or medical bills ( even insurance co pay can be financially crippling }

                We don't want guys like Bernie .... then we need to worry more about the sub 35s than we do about your "long haul "
                in my past business I worked with a lot of sub 35yr olds, some, not all, had student debt,

                and all had some kind of 401K or other type savings plan (all related to the market) that they contributed to,


                and incase you feel the need to know, that was the grocery business, and Comanagers are not usually paid extremely well right out of college


                even the pharmacist, who had loads of school debt, were putting back at least the minimum to get matching employer contributions,

                Comment

                • S.A. Boggs
                  Senior Member
                  • Aug 2009
                  • 8568

                  #9
                  If one cannot stand the heat, stay out of the kitchen.
                  Sam

                  Comment

                  • Sandpebble
                    Senior Member
                    • Mar 2017
                    • 2196

                    #10
                    Originally posted by S.A. Boggs
                    If one cannot stand the heat, stay out of the kitchen.
                    Sam
                    Well that is quite right sam ... i agree.

                    In my case today the dollar to the Colombian peso hit a record high, even though our stock market tumbled.... so

                    ... so as I'm a year away from retierment with every intention of spending gobs of time per anum in Colombia... I invested deep in Colombian pesos....

                    I like the heat
                    Last edited by Sandpebble; 03-09-2020, 04:22.

                    Comment

                    • lyman
                      Administrator - OFC
                      • Aug 2009
                      • 11268

                      #11
                      Originally posted by Sandpebble
                      Well that is quite right sam ... i agree.

                      In my case today the dollar to the Colombian peso hit a record high, even though our stock market tumbled.... so

                      ... so as I'm a year away from retierment with every intention of spending gobs of time per anum in Colombia... I invested deep in Colombian pesos....

                      I like the heat
                      off topic,,

                      are the cartels still a thing down there?

                      as in how safe are you?

                      Comment

                      • Sandpebble
                        Senior Member
                        • Mar 2017
                        • 2196

                        #12
                        Originally posted by lyman
                        off topic,,

                        are the cartels still a thing down there?

                        as in how safe are you?
                        Great question Lyman and one I'm pleased to address ..

                        In 1989 I visited Colombia for the first time and for sure it was one hairy place to visit... particularly for Gringos. Cartel and Sociailist Guerillas,,, and others were something to be concerned about .

                        Now that the Colombian people have shown the nads to change things in their country I'll tell you straight up....

                        I'm a lot safer on the streets of anywhere in Colombia than I am the streets of Ft. Myers Florida just a half hour drive from here.

                        When I'm down there I'm out on the streets all night .... I wouldn't do it in Ft Myers any more
                        Last edited by Sandpebble; 03-09-2020, 05:52.

                        Comment

                        • RED
                          Very Senior Member - OFC
                          • Aug 2009
                          • 11689

                          #13
                          Originally posted by Sandpebble
                          Maybe it's a cycle Lyman ... but this just showes... or should have showed us all how easy our economy can be turned into musical chairs

                          this one wasn't cyclical
                          All from a blithering idiot that cant spell (even with spell check) the word "shows."

                          He is an uneducated idiot and a fraud.

                          Comment

                          • togor
                            Banned
                            • Nov 2009
                            • 17610

                            #14
                            Any hockey fans here?

                            Red's like a guy who delivers a cross check the moment he steps out of the penalty box.

                            Comment

                            • Roadkingtrax
                              Senior Member
                              • Feb 2010
                              • 7835

                              #15
                              Originally posted by togor
                              Any hockey fans here?

                              Red's like a guy who delivers a cross check the moment he steps out of the penalty box.
                              ...he probably goes and Finger-Fks the goalie's water bottle.
                              "The first gun that was fired at Fort Sumter sounded the death-knell of slavery. They who fired it were the greatest practical abolitionists this nation has produced." ~BG D. Ullman

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