>> The same reason the otherside didn’t say anything on the 25th.
That’s simply not true! In fact, earlier in this same thread you were a willing participant in a witch hunt for “othersiders” who dared, during the worst of the bloodbath, to point out that the percentage drop wasn’t all that much, historically speaking — and that the market, being a market, goes up and down, sometimes significantly.
>> The FED backdoor announcement of no interest rate increase wouldn’t have anything to do with things would it?
Might have had *something* to do with it. But I’d say it’s more due to investors recognizing an oversold market when they see it, and snapping up bargains. From a worldwide investor point of view, dividend-paying equities in the relatively stable, relatively growth oriented US markets are a relatively safe haven — and all that money has to go *somewhere*. That explains more about what happened than goofy, and unproven, “plunge protection team” crapola.
>> A market built on faux money is not prudent and soon or a later will fail.
I agree. What isn’t sustainable won’t be sustained forever. What I have a problem with is your, and others’, tendency to want to silence and browbeat anyone who doesn’t buy in 100% to your “sky is falling” prophecies. Smacks of fascism and it pisses me off, so I speak up when I encounter it.
So carry on — you mean well and your warnings have their place. But knock it off with that “debate is closed” crap. Deal?
What I a problem with problem with is your, and others’, tendency to want to silence and browbeat anyone who doesn’t believe it is prudent to warn that a market built on faux money is not prudent and soon or a later will fail.
They rather cover it and pretend it can’t happen, then warn people to watch for it.
Oh good grief tick, get a grip and quit trying to practice what you are condemning. The recent dow activity is only a foreshock - read what money managers are saying. volatile activity is going to be expected through the point where the dow (and the rest of the global market) begin to melt down. I would hope you have the common sense to recognize that unemployment isn't 5% and gdp is nearly 4% or that this country is nearly 20 trillion in debt. And the rest of the world is in worse shape.
you don't like threads like this - then hit your ignore button.
I made a post...and you served it up to "others" as some sort of example.
Of course...I had some mental dyslexia....in my post. LOL!! Not the first time.....But, I was pointing something very clear out.
FWIW-