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Dow 20,000

italianguy74

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Apr 3, 2011
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I fear this may be a pump and dump for Trump. The Democrats could be trying to give Obama the big finish to credit him with record highs, then they will do to Trump what they did to the Republicans in 08.

The economic crash was an attempt to maintain control over the country once and for all.
If Cox and the SEC wanted a soft landing during the housing bubble they wouldn't have pulled trading rule 10a1 in 2007. Removing the circuit breaker and pumping oil prices to destructive level of demand was NO coincidence. It was a set up to pull the support and put a big wrench in the economic wheel with $200 oil.

When the public became aware and called for reinstatement of rule 10a1, the vote was unanimous to put back the original rules. But the SEC decided to introduce a "new improved" uptick rule that only kicks in after something in the area of a %10 crash in one trading day. A garbage and ineffective rule that still allows the big players to break major support and let an avalanche of sell stops, fear, and pessimism among investors begin.

Trump needs to stick his nose in there and put back the same rule to protect investors just as it was back in the 1930's to prevent another depression.
 

SkyRider

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Mar 31, 2009
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The market is forward looking so this rally since November 9th is because the market is looking forward to a Trump presidency.
 

italianguy74

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Apr 3, 2011
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The market is forward looking so this rally since November 9th is because the market is looking forward to a Trump presidency.
I like to think that but there is a corrupt driving force that lingers. Democrats are always looking for a way to sabotage the capitalism of Republicans. They are responsible for 08
and have the media backing any narrative they create.
 

sashimi

Member
Feb 13, 2014
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The market is forward looking so this rally since November 9th is because the market is looking forward to a Trump presidency.
Not dismissing the conspiracy which I74 shared, the market was really weird on the back of a Trump win. Trump was expected/ polled to lose. When he won the US future markets overnite had a mini crash and Asian and European markets fell in tandem.

However there was a dramatic U turn reversal when US markets rallied the next day and climbing till today on the back of Trump's policies of lower tax rates, rising interest rates and heavy infrastructure spendings.
 

Big Sleazy

Active member
Sep 13, 2004
3,535
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Makes sense. PE ratios are close or at alltime highs. And profits are at a 36 year low. Why wouldn't the DOW go to 20,000. Hell.....we could see a 30,000 DOW. Now that Bond market is something that's really interesting. When that puppy blows.......
 

SkyRider

Banned
Mar 31, 2009
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To keep Dow 20,000 in prospective, it was at 10,000 in 1999, so it took 18 years to double. Roughly an annualized return of around 5% plus dividends. So, not too outrageous. Probably could have done the same or better if you bought a house in Toronto in 1999.
 

Big Sleazy

Active member
Sep 13, 2004
3,535
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Central Banks are buying the stock market. It's the only place left for them to get yield as nobody wants there Bonds. The SNB owns a Billion dollars worth of Apple stock. How is it possible that a Bank that can print money is even allowed to buy stocks ? I'm not sure how this ends but if Sovereigns Central Banks can't sell there own Bonds enough to finance there own spending. And are therefore forced into the stock market. How is this a good thing ? All that being said you may one day see a 30,000+ DOW. But the real economy will be dead. America has almost 48 million people on food stamps and another 50 million on some form of social assistance. The people at the front of the money spigots are getting fabulously wealthy. But the real economy is dying.

Don't forget. Central Banks are PRIVATELY held. The owners of the Central Banks and there cronies are making tons of doe. Buying up real assets and forcing mergers and acquisitions thru an over inflated stock market. All with money created out of nothing. How much longer can they keep this going ? Maybe a year or two. Maybe not. But it's not real organic growth. There is simply too much debt worldwide. The aristocracy is in pillage mode.
 

Timbit

Tasty and Roundish
Jan 7, 2002
1,696
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Trump needs to stick his nose in there and put back the same rule to protect investors just as it was back in the 1930's to prevent another depression.
Good luck with that... He doesn't give a rat's ass for the small investor

Timbit
 
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