Dow Jones at an all time high

[naynay]

im union it not matter me, i reap the benefits too. but i did go get a passport today, we got a big job coming up in mexico and all the gringo's are afraid to go, so i may be fleeing the country too!

so this president is not effecting the rest of your life? no need to flee the country or stock up on grenades and uzi's?! color me stupid!

I'm lucky enough to be in a position to take advantage of a lot of the results of his fuck ups, actually. They are practically throwing free money at people who already have money so we'll spend it because there are less and less of us out there. I'll take 3.125% on a 15 year home loan and 0% on my new car all day long. If I was desperate to find a job or got downsized though, I'd probably be fucked, just like the 15% or so(who knows what the REAL number is, since they've been bullshitting it by taking people off that have been on it over a certain time). Have you looked at what nearly every major company in the country is doing now thanks to Obamacare? Reducing their full time workforce and going to only hiring part timers. So now the people who can't even find one job will need to find two. This guy is the biggest economic moron I have ever seen in office. It's staggering.

[naynay]

we make our own bread, and grow our own vegetables, what ya got next Mrs. Raetheon?

[Broncojohnny]

color me stupid!

Already colored!?

When you are paying $10 for a loaf of bread, I want you to think of your president. That day is coming a lot sooner than you think thanks to him. The only other option is a huge financial crisis.

As for the market, it is just a game in which people are incredibly short sighted. If you are investing on a timeline that goes on for decades, hell you can't wait for a collapse. We are overdue for a correction, in my opinion we will probably sell off in May just like we have for the last few years. Bring it on!

[sig239]

so this president is not effecting the rest of your life? no need to flee the country or stock up on grenades and uzi's?! color me stupid!

[naynay]

That's all fine if you're day trading and lose your house because you make one bad pick. I've got over 20 years before I cash out, it can easily survive a few hits and will always bounce back, especially the sector I am heavily invested in. That's the nice thing about having long term holdings.

so this president is not effecting the rest of your life? no need to flee the country or stock up on grenades and uzi's?! color me stupid!

[naynay]

if you have wealth or assets of any kind....you best damn well protect it the best you can and leaving it in the stock market is the WORST place for it.

[majorownage]

All that inflation has to go somewhere. It's not going to hit the streets. Most of it hasn't.

Don't worry, if it starts a downward spiral, they'll just increase the flow on the economy's life support. The massive money velocity you're seeing will likely either stay in the market or get hoarded away above our ranks.

Oh, we will definitely feel it when the Fed dumps its trillions of us bonds. We will have some serious inflation once that bond bubble collapses; it'll be a shit show.

[Denny]

Money velocity is virtually non existent right now?

Oh, it is. I'm just talking about what they're watching in the markets. It's not like all the stocks in the market increase in value, then everyone sells off and lives the life of high luxury.

No, the money running around outside the market is moving very rapidly today. I see it through government spending. I'm just saying that the crap we're seeing on the ticker isn't leaving the market, so what's the point. If anything, Joe-Shmo is going to dump some of his money from "the streets" into "the street" and get it sucked into the massive black hole.

[slow99]

All that inflation has to go somewhere. It's not going to hit the streets. Most of it hasn't.

Don't worry, if it starts a downward spiral, they'll just increase the flow on the economy's life support. The massive money velocity you're seeing will likely either stay in the market or get hoarded away above our ranks.

Money velocity is virtually non existent right now?

[Denny]

Careful. Make fun of the bullet and he shall appear.

God, please no!

[Denny]

Dow's all time high on cheap QE money.

All that inflation has to go somewhere. It's not going to hit the streets. Most of it hasn't.

Don't worry, if it starts a downward spiral, they'll just increase the flow on the economy's life support. The massive money velocity you're seeing will likely either stay in the market or get hoarded away above our ranks.

[sc281]

Genuflect to aggie97.

Careful. Make fun of the bullet and he shall appear.

[majorownage]

Dow's all time high on cheap QE money.

[Roscoe]

Genuflect to aggie97.

I'll be honest, I had to google that one...

<-- pulling out when it starts to fall, but the tipping point is near..