Thu Jan 12, 2017, 12:51 PM

The Dow is down nearly 200 points.

Maybe the reality of Drumpfian Economics is sinking in.

An economic downturn might wake up some of the Deplorables. On the other hand Drumpf might start a war like his buddy Putin did to distract them.

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40 replies	Author	Time	Post
The Dow is down nearly 200 points. (Original post)	DemocratSinceBirth	Jan 2017	OP
I really think we will be fighting WW3 in 3-6 months nt	maryellen99	Jan 2017	#1
ironically, i see him as too much of a disaster for that to happen	unblock	Jan 2017	#6
I wouldn't give it that long.I'm going with three days.	mahatmakanejeeves	Jan 2017	#33
Wwwwweeeeeeeeeeeeeeeeeee	onecaliberal	Jan 2017	#2
Lol. Prez-elect Trump's pressor did NOT reassure investors.	Hortensis	Jan 2017	#3
Traders disappointed in trump's presser performance	calguy	Jan 2017	#4
Mark Cuban said he would go to a one hundred percent hedge if he won.	DemocratSinceBirth	Jan 2017	#7
I have been short the USD v GDP, SEK, and EUR for 2 weeks	Grey Lemercier	Jan 2017	#16
I guess the	2naSalit	Jan 2017	#5
200 isn't even a blip....It's far less than 1%.	Wounded Bear	Jan 2017	#8
The serious money won't crash the market. Not at this point anyway.	JNelson6563	Jan 2017	#10
Also, Trump & the GOP will blame it on the Affordable Care Act	Orrex	Jan 2017	#12
Far less than 1%? You might want to check your maths.	Grey Lemercier	Jan 2017	#18
Down 104 from 19850	Wounded Bear	Jan 2017	#19
You replied to a 200 point figure	Grey Lemercier	Jan 2017	#20
Whatever...a 1% drop is pretty meaningless too. nt	Wounded Bear	Jan 2017	#21
I never said it was a big deal...	Grey Lemercier	Jan 2017	#22
LOL! you're the one who went off on the math...	Wounded Bear	Jan 2017	#23
I did "go off" just pointed out what I saw as an error	Grey Lemercier	Jan 2017	#24
Personally I'm going to everything I can to help the economy decline	Fresh_Start	Jan 2017	#9
The market is up 10% since the election	Hamlette	Jan 2017	#11
I'm not celebrating	calguy	Jan 2017	#14
What will we see first: Dow 21,000 or Dow 19,000?	DemocratSinceBirth	Jan 2017	#17
I'm thinking first we'll see Dow 15k...nt	Wounded Bear	Jan 2017	#25
Well, to get to 15,000 the Dow would have to pass through 19,000.	PoindexterOglethorpe	Jan 2017	#26
If the Dow really drops by 20% that would be catastrophic for the economy, investors, and Drumpf.	DemocratSinceBirth	Jan 2017	#30
Yep, pretty much...	Wounded Bear	Jan 2017	#31
A 20% Dow drop wouldn't be a catastrophe ...	HeartachesNhangovers	Jan 2017	#35
It would likely usher in a recession which would be catastrophic for Trump in 2020	DemocratSinceBirth	Jan 2017	#36
After yesterday's so called Trump Presser,	Wellstone ruled	Jan 2017	#13
Ooooh your post	cilla4progress	Jan 2017	#37
Doing as you.	Wellstone ruled	Jan 2017	#38
DU Stock Market Watch	DoBotherMe	Jan 2017	#15
Down 104 @ 1:00.	elleng	Jan 2017	#27
It'll bounce up just so Donald can be given credit for the momentary upturn.	rogue emissary	Jan 2017	#28
I think it is just normal ups and downs	JustAnotherGen	Jan 2017	#29
The so called tRump rally is losing steam.	Joe941	Jan 2017	#32
He will start a war. On purpose. Disaster capitalism.	Dark n Stormy Knight	Jan 2017	#34
Maybe they watched Groper Don the Con's	malaise	Jan 2017	#39
Should be down more after he dissed Big Pharma. There is an app now that will alert you when	lunasun	Jan 2017	#40

Response to DemocratSinceBirth (Original post)

Thu Jan 12, 2017, 12:54 PM

maryellen99 (3,743 posts)

1. I really think we will be fighting WW3 in 3-6 months nt

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Response to maryellen99 (Reply #1)

Thu Jan 12, 2017, 12:58 PM

unblock (51,404 posts)

6. ironically, i see him as too much of a disaster for that to happen

i think it's more likely that his constant picking on individual companies will piss off enough super-rich people to get him kicked out before he has time to embroil us in a major war.

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Response to maryellen99 (Reply #1)

Thu Jan 12, 2017, 02:16 PM

mahatmakanejeeves (52,216 posts)

33. I wouldn't give it that long.I'm going with three days.

I had been thinking of starting a thread along those lines. I've been thinking three days. I was going to go with four days, but I had been thinking that Monday the 23rd was a holiday. The holiday is on 01-16, so there's nothing on the calendar for 01-23 to get in the way.

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Response to DemocratSinceBirth (Original post)

Thu Jan 12, 2017, 12:55 PM

onecaliberal (30,009 posts)

2. Wwwwweeeeeeeeeeeeeeeeeee

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Response to DemocratSinceBirth (Original post)

Thu Jan 12, 2017, 12:56 PM

Hortensis (56,874 posts)

3. Lol. Prez-elect Trump's pressor did NOT reassure investors.

Apparently too much quarreling with the press and refuting scandal and no economic details to hang happy dreams of future earnings on. A couple polls are showing confidence in Trump is already deflating across the board, not just in board rooms.

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Response to DemocratSinceBirth (Original post)

Thu Jan 12, 2017, 12:56 PM

calguy (4,189 posts)

4. Traders disappointed in trump's presser performance

I knew it was just a matter of time. I took all my 401K money out 2 days ago and am trading everything short right now.
Market held up over the New Year because traders wanted to wait and take profits this year in anticipation of trump's lower tax rates promise. Good chance now the market goes down a LOT before it goes back up.

Buy the election, Sell the inauguration.

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Response to calguy (Reply #4)

Thu Jan 12, 2017, 12:59 PM

DemocratSinceBirth (98,829 posts)

7. Mark Cuban said he would go to a one hundred percent hedge if he won.

Drumpf's economy with his stupid one offs will not outperforms Obama's economy.

Where do you see unemployment, GDP growth, and inflation on 1/20/18?

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Response to calguy (Reply #4)

Thu Jan 12, 2017, 01:30 PM

Grey Lemercier (1,429 posts)

16. I have been short the USD v GDP, SEK, and EUR for 2 weeks

Today is making me a very happy woman.

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Response to DemocratSinceBirth (Original post)

Thu Jan 12, 2017, 12:56 PM

2naSalit (73,640 posts)

5. I guess the

Russians aren't going to be buying today, probably think they are punishing us for exposing the scam.

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Response to DemocratSinceBirth (Original post)

Thu Jan 12, 2017, 01:02 PM

Wounded Bear (56,041 posts)

8. 200 isn't even a blip....It's far less than 1%.

Not that I don't expect a downturn, I do. One problem, of course, is that most of the red states won't feel the effect of a downturn for a couple of years. Much like how they mis-read the Bush Recession, they don't understand how the blue states get hurt first and worst, and they don't care.

Get back to me when it drops 2000 in one day.

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Response to Wounded Bear (Reply #8)

Thu Jan 12, 2017, 01:12 PM

JNelson6563 (28,151 posts)

10. The serious money won't crash the market. Not at this point anyway.

They certainly don't want to tip off the little people.

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Response to Wounded Bear (Reply #8)

Thu Jan 12, 2017, 01:18 PM

Orrex (62,397 posts)

12. Also, Trump & the GOP will blame it on the Affordable Care Act

Breitbart "news" will happily catapult the propaganda, and then the "real" media--having lost access to the Whitehouse press room--will obediently parrot the official story in hope of re-ingratiating themselves to Trump.

Thus it will become true.

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Response to Wounded Bear (Reply #8)

Thu Jan 12, 2017, 01:32 PM

Grey Lemercier (1,429 posts)

18. Far less than 1%? You might want to check your maths.

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Response to Grey Lemercier (Reply #18)

Thu Jan 12, 2017, 01:40 PM

Wounded Bear (56,041 posts)

19. Down 104 from 19850

104/19850=.0052

Half of one percent is 'far less' in my math.

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Response to Wounded Bear (Reply #19)

Thu Jan 12, 2017, 01:41 PM

Grey Lemercier (1,429 posts)

20. You replied to a 200 point figure

"200 isn't even a blip....It's far less than 1%."

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Response to Grey Lemercier (Reply #20)

Thu Jan 12, 2017, 01:43 PM

Wounded Bear (56,041 posts)

21. Whatever...a 1% drop is pretty meaningless too. nt

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Response to Wounded Bear (Reply #21)

Thu Jan 12, 2017, 01:51 PM

Grey Lemercier (1,429 posts)

22. I never said it was a big deal...

No need to get in a snit

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Response to Grey Lemercier (Reply #22)

Thu Jan 12, 2017, 01:54 PM

Wounded Bear (56,041 posts)

23. LOL! you're the one who went off on the math...

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Response to Wounded Bear (Reply #23)

Thu Jan 12, 2017, 01:56 PM

Grey Lemercier (1,429 posts)

24. I did "go off" just pointed out what I saw as an error

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Response to DemocratSinceBirth (Original post)

Thu Jan 12, 2017, 01:09 PM

Fresh_Start (11,327 posts)

9. Personally I'm going to everything I can to help the economy decline

I think thats the only disaster which will dislodge Trump.
So I'm austerity until Trump is gone gone gone.

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Response to DemocratSinceBirth (Original post)

Thu Jan 12, 2017, 01:18 PM

Hamlette (15,161 posts)

11. The market is up 10% since the election

I think everyone expected it to fall.

Today is a blip. Don't be celebrating. And remember, many of your fellow dems have our retirement/life savings in the market. Won't hit republicans any harder.

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Response to Hamlette (Reply #11)

Thu Jan 12, 2017, 01:26 PM

calguy (4,189 posts)

14. I'm not celebrating

I'm a day trader and I see the market as being topped out. I'm just trading what I see.

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Response to calguy (Reply #14)

Thu Jan 12, 2017, 01:31 PM

DemocratSinceBirth (98,829 posts)

17. What will we see first: Dow 21,000 or Dow 19,000?

Reply to this post

Response to DemocratSinceBirth (Reply #17)

Thu Jan 12, 2017, 02:00 PM

Wounded Bear (56,041 posts)

25. I'm thinking first we'll see Dow 15k...nt

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Response to Wounded Bear (Reply #25)

Thu Jan 12, 2017, 02:05 PM

PoindexterOglethorpe (24,561 posts)

26. Well, to get to 15,000 the Dow would have to pass through 19,000.

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Response to Wounded Bear (Reply #25)

Thu Jan 12, 2017, 02:06 PM

DemocratSinceBirth (98,829 posts)

30. If the Dow really drops by 20% that would be catastrophic for the economy, investors, and Drumpf.

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Response to DemocratSinceBirth (Reply #30)

Thu Jan 12, 2017, 02:09 PM

Wounded Bear (56,041 posts)

31. Yep, pretty much...

I'm thinking too many folks were disappointed that the Great Recession of '08 didn't go full on Depression and they are working to make sure we get a real crash. But this time there may not be a bailout.

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Response to DemocratSinceBirth (Reply #30)

Thu Jan 12, 2017, 02:40 PM

HeartachesNhangovers (751 posts)

35. A 20% Dow drop wouldn't be a catastrophe ...

A 20% drop is generally considered a "bear market". A "crash" is a 50% drop. 20% drops have happened 12 times since the end of WWII and a 20% drop NOW would only erase 2 years of gains and leave us WAY higher than the peaks before the Tech bubble and Real Estate bubble burst.

If you are only mentally prepared to deal with a 20% drop, you are setting yourself up for a panic because an occasional 20% drop isn't only possible, it's inevitable.

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Response to HeartachesNhangovers (Reply #35)

Thu Jan 12, 2017, 02:42 PM

DemocratSinceBirth (98,829 posts)

36. It would likely usher in a recession which would be catastrophic for Trump in 2020

It would likely usher in a recession which would be catastrophic for Trump in 2020 and the GOP in the 2018 mid terms.

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Response to DemocratSinceBirth (Original post)

Thu Jan 12, 2017, 01:20 PM

Wellstone ruled (34,661 posts)

13. After yesterday's so called Trump Presser,

hunch says,the Consumer is heading to the side lines. The Uruinator scared the crap out the country and today we are seeing the fallout.

All these talking heads on Wall Street are getting their words shoved up their collective butts. How is that Trump trade working for you.

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Response to Wellstone ruled (Reply #13)

Thu Jan 12, 2017, 02:43 PM

cilla4progress (23,071 posts)

37. Ooooh your post

makes me feel good!

I've switched a bit of my tiny portfolio to cash (money market). Ride this disaster out.

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Response to cilla4progress (Reply #37)

Thu Jan 12, 2017, 02:48 PM

Wellstone ruled (34,661 posts)

38. Doing as you.

Sad,we hold a couple of Trump attacked stocks,hit is about 4-5%.

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Response to DemocratSinceBirth (Original post)

Thu Jan 12, 2017, 01:27 PM

DoBotherMe (2,319 posts)

15. DU Stock Market Watch

http://www.democraticunderground.com/111679539

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Response to DemocratSinceBirth (Original post)

Thu Jan 12, 2017, 02:05 PM

elleng (124,030 posts)

27. Down 104 @ 1:00.

Always hard to know WHY, re: ups and downs, but it is what it is.

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Response to DemocratSinceBirth (Original post)

Thu Jan 12, 2017, 02:06 PM

rogue emissary (3,039 posts)

28. It'll bounce up just so Donald can be given credit for the momentary upturn.

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Response to DemocratSinceBirth (Original post)

Thu Jan 12, 2017, 02:06 PM

JustAnotherGen (30,623 posts)

29. I think it is just normal ups and downs

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Response to DemocratSinceBirth (Original post)

Thu Jan 12, 2017, 02:12 PM

Joe941 (2,848 posts)

32. The so called tRump rally is losing steam.

I bet the stock market will crash due to tRump policies!

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Response to DemocratSinceBirth (Original post)

Thu Jan 12, 2017, 02:17 PM

Dark n Stormy Knight (9,654 posts)

34. He will start a war. On purpose. Disaster capitalism.

We, the opposition, need some strong leadership. Someone needs to organize the resistance!

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Response to DemocratSinceBirth (Original post)

Thu Jan 12, 2017, 02:54 PM

malaise (257,073 posts)

39. Maybe they watched Groper Don the Con's

Piss Conference yesterday

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Response to DemocratSinceBirth (Original post)

Thu Jan 12, 2017, 04:31 PM

lunasun (21,646 posts)

40. Should be down more after he dissed Big Pharma. There is an app now that will alert you when

he speaks negatively about your added industries of investment so you can get out if it will go down . I thought all the pharma talk at the pisser yesterday would swing the market Health care with this repeal is under stress also
It's like that twi light zone episode with the kid . All hoping he doesn't attack them next . Wall Street will probably react more now after 1/20
Then officially he is in charge and unstable and the market could reflect it

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