Down goes the Dow

Ghost of Igloi wrote:

Try to keep up wrote:

So referring to someone as “ the Troll that sucks up to sports stars” is your idea of a compliment? You have a lot of growing up to do yet.

Ah come on you can do better than that. Teach me a lesson.

You’re such a psycho asshat.

The lesson is obvious and yours to embrace. Or you can continue to display a complete lack of character. It’s your choice.

Try to keep up wrote:

Ghost of Igloi wrote:

Ah come on you can do better than that. Teach me a lesson.

You’re such a psycho asshat.

The lesson is obvious and yours to embrace. Or you can continue to display a complete lack of character. It’s your choice.

While you wait for the Igy redemption, you can continue your Igy obsession.

?

The Unkle wrote:

Irony Mann wrote:

Says the guy who can’t use the simple quote function. Oh, the irony!

You guys are obsessed with the "simple quote function". That's like your big zinger.

Christ you are limited

Please tell me this guy is trolling.

Ghost of Igloi wrote:

https://twitter.com/NorthmanTrader/status/1328477073137086469

This guy does not have a clue about this.

Ghost of Igloi wrote:

https://twitter.com/NorthmanTrader/status/1328477073137086469

Igy, 2008 was bad because middle and upper middle class people got steamrolled along with the poor people.

This time, it's just poor people. Everyone else's wealth is largely intact. As usual, it sucks to be poor in the US.

Miss E wrote:

The Unkle wrote:

You guys are obsessed with the "simple quote function". That's like your big zinger.

Christ you are limited

Please tell me this guy is trolling.

Apparently the guy is the same person who started the thread known as the mysterious K5. He also could never get the quite function to work right. Also he was apparently a huge anti-Semite but that was before my time

Racket wrote:

Ghost of Igloi wrote:

https://twitter.com/NorthmanTrader/status/1328477073137086469

Igy, 2008 was bad because middle and upper middle class people got steamrolled along with the poor people.

This time, it's just poor people. Everyone else's wealth is largely intact. As usual, it sucks to be poor in the US.

I guess you assume the poor are the only people that get hurt this cycle. That is a huge assumption.

Racket wrote:

Miss E wrote:

Please tell me this guy is trolling.

Apparently the guy is the same person who started the thread known as the mysterious K5. He also could never get the quite function to work right. Also he was apparently a huge anti-Semite but that was before my time

His nemesis Detector Dude thought I was K5. Thereafter I have experienced five and a half years of harassment.

Ghost of Igloi wrote:

Racket wrote:

Igy, 2008 was bad because middle and upper middle class people got steamrolled along with the poor people.

This time, it's just poor people. Everyone else's wealth is largely intact. As usual, it sucks to be poor in the US.

I guess you assume the poor are the only people that get hurt this cycle. That is a huge assumption.

I guess you assume all of these people are hurting. Trust me, they’re not.

J. Hardy wrote:

Ghost of Igloi wrote:

Racket: “All Trump has to do is basically declare victory and end the tariffs. The trade war is solely a problem he created and I have no doubt he'll walk away with less the closer we get to 2020 and the more desperate he gets.”

Hey that statement seems like control to me, but whatever dude.

After the fact, but whatever makes you happy.

I'm starting to look at the predictions I saved for review at the end of the year.

This one is fun.

August 5, 2019. When all we had to worry about was Trump, not a pandemic.

Anyway, here's Igy predicting the SP 500 would fall to 2020 in calendar 2020.

Which sounded brash when the SPX was at 3000, but he very nearly nailed it.

The SPX fell to 2191 at this year's bear market low. Down around 26% from where he called it.

I'll call that a win for Igy.

agip wrote:

J. Hardy wrote:

After the fact, but whatever makes you happy.

I'm starting to look at the predictions I saved for review at the end of the year.

This one is fun.

August 5, 2019. When all we had to worry about was Trump, not a pandemic.

Anyway, here's Igy predicting the SP 500 would fall to 2020 in calendar 2020.

Which sounded brash when the SPX was at 3000, but he very nearly nailed it.

The SPX fell to 2191 at this year's bear market low. Down around 26% from where he called it.

I'll call that a win for Igy.

$7 Trillion in QE and stimulus was a stick save in the first period.

My son applied for the PPE loan and received it for his business. Today the bank informed him the loan was forgiven by the Government. Really some crazy policies out there, and folks expecting nothing will go wrong.

Son got the PPP loan forgiven today, and same day daughter tested positive for Covid 19. Strange times.

Ghost of Igloi wrote:

Really some crazy policies out there, and folks expecting nothing will go wrong.

They’re called COVIDiots.

Stew wrote:

Ghost of Igloi wrote:

Really some crazy policies out there, and folks expecting nothing will go wrong.

They’re called COVIDiots.

Well that, and blowing money like there are no consequences. Or, not allowing people to keep their businesses open.

Ghost of Igloi wrote:

Son got the PPP loan forgiven today, and same day daughter tested positive for Covid 19. Strange times.

My deepest hopes she has a mild experience with it. Some cases are quite mild and lets hope this is one of them.

Ghost of Igloi wrote:

Stew wrote:

They’re called COVIDiots.

Well that, and blowing money like there are no consequences. Or, not allowing people to keep their businesses open.

It’s a balancing act. But I think we’d all agree life trumps money.

Ghost of Igloi wrote:... daughter tested positive for Covid 19. Strange times.

I’ve been following the data very closely. As we all know, this disease is most ch more dangerous for elderly. If your daughter is younger then, say, 45-50, the chances of a bad outcome are very remote. Fingers crossed...

Reading just now that Kooky Musk’s TSLA is being added to SP500. How do we feel about that, will the index start to lurch about like a drunken sailor?

Maybe BTC gets in next...