Current Events > Trump's Economy: Dow plunges more than 500 points in another day of losses

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twitterfriends
10/24/18 9:35:52 PM
#1:


officially wiping out its 2018 gains:

https://goo.gl/Yvjve1
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Annihilated
10/24/18 9:36:32 PM
#2:


Good. Needs to go down more.
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FairyLeviathan
10/24/18 9:36:47 PM
#3:


And?
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s0nicfan
10/24/18 9:37:29 PM
#4:


So we're formally in trump's economy from here on out?
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John_Galt
10/24/18 9:38:06 PM
#5:


Stocks go up and down in trumps economy?

No way!
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Who is John Galt?
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Spam_n_eggs
10/24/18 9:38:38 PM
#6:


Redcaps will be like Obamas economy!
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cerealbox760
10/24/18 9:39:24 PM
#7:


s0nicfan posted...
So we're formally in trump's economy from here on out?

Since January because tax policy kicked in around that time.
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frozenshock
10/24/18 9:40:36 PM
#8:


There doesn't really seem to be much of a downward trend tbh:

7xvSGBA
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Amatsukaze
10/24/18 9:41:51 PM
#9:


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cerealbox760
10/24/18 9:41:58 PM
#10:


frozenshock posted...
There doesn't really seem to be much of a downward trend tbh:

7xvSGBA


https://en.wikipedia.org/wiki/Double_top_and_double_bottom

google: double top markets.
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Funkydog
10/24/18 9:42:54 PM
#11:


See. This is just the after affect of Obama.

Trump has yet to actually impact the economy but when he does you will see BIG gains. The BEST gains.
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southcoast09
10/24/18 9:43:50 PM
#12:


Kinda funny how a bad day for Trump was considered an amazing day for Obama. Of course, youd never know that from the media. Hes just flat out doing better.
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cerealbox760
10/24/18 9:44:38 PM
#13:


Expect a massive massive sell-off if the dow closes under 23,500
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Antifar
10/24/18 9:45:07 PM
#14:


Note: the Dow is not the economy
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kin to all that throbs
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John_Galt
10/24/18 9:46:40 PM
#15:


cerealbox760 posted...
Expect a massive massive sell-off if the dow closes under 23,500

Define massive
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frozenshock
10/24/18 9:47:01 PM
#16:


cerealbox760 posted...
https://en.wikipedia.org/wiki/Double_top_and_double_bottom

google: double top markets.


Okay, what's your point? That it's going to go down further?

Maybe... I guess? Idk.
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I don't hate people, people hate me.
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PrettyBoyFloyd
10/24/18 9:49:04 PM
#17:


What does it matter anyway ?

Not like anyone can do anything about it.

Just the way it is and goes.
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spudger
10/24/18 9:49:49 PM
#18:


market goes up
market goes down

YOU CAN"T EXPLAIN THAT!
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-Only dead fish swim with the current
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frozenshock
10/24/18 9:52:36 PM
#19:


spudger posted...
market goes up
market goes down

YOU CAN"T EXPLAIN THAT!


It's almost like the market is having sex and is going to make little baby markets.
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cerealbox760
10/24/18 9:52:47 PM
#20:


frozenshock posted...
cerealbox760 posted...
https://en.wikipedia.org/wiki/Double_top_and_double_bottom

google: double top markets.


Okay, what's your point? That it's going to go down further?

Maybe... I guess? Idk.

A double top confirms the start of a downtrend that can last years and lots of stubborn people will lose money.
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Annihilated
10/24/18 9:54:57 PM
#21:


cerealbox760 posted...
frozenshock posted...
cerealbox760 posted...
https://en.wikipedia.org/wiki/Double_top_and_double_bottom

google: double top markets.


Okay, what's your point? That it's going to go down further?

Maybe... I guess? Idk.

A double top confirms the start of a downtrend that can last years and lots of stubborn people will lose money.


You mean a bear market, which we're long overdue for?
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frozenshock
10/24/18 10:15:02 PM
#22:


cerealbox760 posted...
A double top confirms the start of a downtrend that can last years and lots of stubborn people will lose money.


Oh well then it's good for Trump:

"Looks! The Dow was going up in my first two years as president but then it started to plunge as soon as Democrats won the house!"
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cerealbox760
10/24/18 10:37:22 PM
#23:


frozenshock posted...
cerealbox760 posted...
A double top confirms the start of a downtrend that can last years and lots of stubborn people will lose money.


Oh well then it's good for Trump:

"Looks! The Dow was going up in my first two years as president but then it started to plunge as soon as Democrats won the house!"


The 2020 presidential election will be all about which party is to blame for the stock and real estate market collapse and the worst recession in U.S. history. Trump will blame the Democratic Congress and the Fed; Democrats will blame Trump, tax cuts, deregulation, and tariffs.

https://twitter.com/PeterSchiff/status/1055248644256006145
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Solid Snake07
10/24/18 10:41:14 PM
#24:


The economy is actually going pretty well. This selloff is pretty weird, guess its long overdue. But whatever, buying opportunities
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gguirao
10/27/18 1:34:50 AM
#25:


Amatsukaze posted...
An insignificant amount compared to Trump's gains.

Because that's all that matters, right?
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kingdrake2
10/27/18 2:12:46 AM
#26:


rather not have tax cuts. if they have to target entitlements especially social security. seniors rely on it after they paid into the system for 50 years.
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