General Discussion

former9thward

(33,424 posts)

17. I assume you are not putting a graph forward to prove your

Thu Jan 28, 2021, 01:22 PM

Jan 2021

" fast rises and equally fast falls." theory. I don't remember that. The Dow was around 20,000 four years ago and is around 32,000 now. So there was no "equally" falls which implies the market went nowhere. Google a graph and you will see it went up with minor ups and downs like it usually does. The only major down was the Covid shutdown which certainly was not the market's fault. I don't believe the market cares who is president or what party is in power. It does what it does based on the market and investment decisions of billions of people.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

20 replies

= new reply since forum marked as read

Highlight:

OMGAWD......THE DOW IS UP 600 points...... [View all] a kennedy Jan 2021 OP

You, like I, should not be a trader, haha arlyellowdog Jan 2021 #1

I should be a tool used by short sellers. I buy a stock and it's guaranteed to go down. Squinch Jan 2021 #2

Did you buy anything today? jmbar2 Jan 2021 #4

I have an "old people" Thrift Savings account arlyellowdog Jan 2021 #6

Did you get Green Stamps with that? jmbar2 Jan 2021 #8

Haaaaa! greenjar_01 Jan 2021 #3

One of my favorites........ a kennedy Jan 2021 #16

Anybody who tries to predict what a mob will do next Warpy Jan 2021 #5

Haha hahaha all this ass hattery is hi fucking larious MyNameGoesHere Jan 2021 #7

The economy at the start of every presidency mostly reflects the previous presidency Clash City Rocker Jan 2021 #9

I assume you are not putting a graph forward to prove your former9thward Jan 2021 #17

Ya, a barrel of laughs alright... Disaffected Jan 2021 #10

This event is worrisome to me. jmbar2 Jan 2021 #11

Ohhh, what did the reddit kids do now? FSogol Jan 2021 #12

The stock market rarely makes sense PJMcK Jan 2021 #13

This is so weird. ananda Jan 2021 #14

Personally, I think you should post once for every 10-point change, up or down Silent3 Jan 2021 #15

All around the carpenters bench .... Kablooie Jan 2021 #18

Give you the advice I gave back when I ran a stock watch thread Maeve Jan 2021 #19

Know what I did yesterday when the market plunged? Nothing brooklynite Jan 2021 #20