Chances are slim to none.
Truuly wrote:
What are the chances that the Dow will drop below the $11,723 reached on January 14, 2000?
That'll be a real kick in the pants when the Dow falls below what is was over 16.5 years ago.
Chances are slim to none.
Truuly wrote:
What are the chances that the Dow will drop below the $11,723 reached on January 14, 2000?
That'll be a real kick in the pants when the Dow falls below what is was over 16.5 years ago.
I think you put a little too much faith into the market.
Statman Cruthers wrote:Truuly wrote:Chances are slim to none.
What are the chances that the Dow will drop below the $11,723 reached on January 14, 2000?
That'll be a real kick in the pants when the Dow falls below what is was over 16.5 years ago.
Have you been living under a rock? Numerous changes were made.
Kinda Sketchy wrote:Statman Cruthers wrote:I think you put a little too much faith into the market.Truuly wrote:Chances are slim to none.
What are the chances that the Dow will drop below the $11,723 reached on January 14, 2000?
That'll be a real kick in the pants when the Dow falls below what is was over 16.5 years ago.
It lost over 50% in the 2008 meltdown and no changes were made to the system that caused that.
The market will CERTAINLY take of drop of 50% or greater in the future. Whether or not that will be in the next few years or decades from now is unknowable (except to conspiracy buffs). But thinking that it is immune to a 50% drop in the near term is naive.
Hellooooooo? wrote:Kinda Sketchy wrote:Have you been living under a rock? Numerous changes were made.Statman Cruthers wrote:I think you put a little too much faith into the market.Truuly wrote:Chances are slim to none.
What are the chances that the Dow will drop below the $11,723 reached on January 14, 2000?
That'll be a real kick in the pants when the Dow falls below what is was over 16.5 years ago.
It lost over 50% in the 2008 meltdown and no changes were made to the system that caused that.
No one said that anyone did.
Try to keep up wrote:
No one said it was immune to a 50% drop.
No one except you.
Rocky Mountain High wrote:Try to keep up wrote:No one said that anyone did.
No one said it was immune to a 50% drop.
Try to keep up.
yes. Those Big Banks -- too big to fail -- were broken up. Oh wait, that didn't happen? Well at least all the fraud they committed resulted in lots of Wall Streeters going to jail. Oh. That didn't happen either. Well, at least those crazy derivatives -- allowing you to bet on other folks investments by buying insurance on them (completely illegal on life insurance, etc.) is no longer allowed. What? That wasn't changed either? Well surely balloon payment mortgages are gone. No again?
Hellooooooo? wrote:Kinda Sketchy wrote:Have you been living under a rock? Numerous changes were made.Statman Cruthers wrote:I think you put a little too much faith into the market.Truuly wrote:Chances are slim to none.
What are the chances that the Dow will drop below the $11,723 reached on January 14, 2000?
That'll be a real kick in the pants when the Dow falls below what is was over 16.5 years ago.
It lost over 50% in the 2008 meltdown and no changes were made to the system that caused that.
Ummm...Casper? Gee, what a tough one!
Guess who? wrote:
Don't feed the troll.
The US and the rest of the world experienced a genuine financial panic in September and October of 2008. The US responded by taking a series of emergency actions to stabilise the financial system. The financial panic of 2008, and these emergency measures, created the ‘perfect storm’ for new financial regulation. The Dodd-Frank Act is the most extensive revision of US financial regulation since the 1930s, although it has left some important issues unresolved.
Kinda Sketchy wrote:Hellooooooo? wrote:yes. Those Big Banks -- too big to fail -- were broken up. Oh wait, that didn't happen? Well at least all the fraud they committed resulted in lots of Wall Streeters going to jail. Oh. That didn't happen either. Well, at least those crazy derivatives -- allowing you to bet on other folks investments by buying insurance on them (completely illegal on life insurance, etc.) is no longer allowed. What? That wasn't changed either? Well surely balloon payment mortgages are gone. No again?Kinda Sketchy wrote:Have you been living under a rock? Numerous changes were made.Statman Cruthers wrote:I think you put a little too much faith into the market.Truuly wrote:Chances are slim to none.
What are the chances that the Dow will drop below the $11,723 reached on January 14, 2000?
That'll be a real kick in the pants when the Dow falls below what is was over 16.5 years ago.
It lost over 50% in the 2008 meltdown and no changes were made to the system that caused that.
Yes. Tons of key changes have been made. Not!
https://fred.stlouisfed.org/graph/fredgraph.png?g=4WqZ
Reel K5 detects a traitor wrote:
The US and the rest of the world experienced a genuine financial panic in September and October of 2008. The US responded by taking a series of emergency actions to stabilise the financial system. The financial panic of 2008, and these emergency measures, created the ‘perfect storm’ for new financial regulation. The Dodd-Frank Act is the most extensive revision of US financial regulation since the 1930s, although it has left some important issues unresolved.
An extensive revision? It made no changes of any substance. Or maybe you can point out what these extensive changes were.