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PoindexterOglethorpe

(28,493 posts)

3. Taking a beating?

Reply to Johnny2X2X (Original post)

Thu Aug 10, 2017, 01:54 PM

Aug 2017

Right now it's down less than 1%. That's hardly taking a beating.

The stock market goes up. It goes down. Over time it goes up more than it goes down.

We probably are due for a correction of some time, maybe 10%. But people here keep on predicting a genuine blood bath which hasn't happened yet. Trying to time the market is a fool's game.

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Stock market down [View all] Johnny2X2X Aug 2017 OP

It's down because of Bill Clinton, Barack Obama, and most of all: ... JustABozoOnThisBus Aug 2017 #1

you are completely off base kcdoug1 Aug 2017 #4

There's usually an August slump, as well as October, January, and May. politicat Aug 2017 #2

Taking a beating? PoindexterOglethorpe Aug 2017 #3

Trump was right about one thing during the campaign... the current level of the markets is Still In Wisconsin Aug 2017 #5

It's actually not, but you sound hopeful. nt B2G Aug 2017 #6

How can you tell it's not? Looks like all three markets are down right now eleny Aug 2017 #7

Down .5% is hardly taking a beating. nt B2G Aug 2017 #8

lol! eleny Aug 2017 #9