What if it Snows?

Discussion in 'Questions From New Drivers' started by Dave_in_AZ, Mar 19, 2018.

  1. Blu_Ogre

    Blu_Ogre Road Train Member

    Joined:
    Jul 14, 2013
    Messages:
    8,212
    Thanks Received:
    48,461
    Location:
    Out west
    0
    Yep DOW was 31,176.07 close of day 1/21/21
    Currently aprox 34,281 = 9.96 % annual growth.

    1/22/21 the daily continued to dive another half a percent. I figure Monday will mirror that.
    continued to drop and dipped below 30k on 1/29/21, it can drop another 1k over the next week before I raise an eyebrow.
     
  2. Wasted Thyme

    Wasted Thyme Road Train Member

    Joined:
    Jan 27, 2020
    Messages:
    7,729
    Thanks Received:
    38,304
    Location:
    GOAT watching
    0
  3. Dave_in_AZ

    Dave_in_AZ Road Train Member

    Joined:
    May 4, 2015
    Messages:
    56,518
    Thanks Received:
    384,001
    0
    Listen hear boy. There's only one word you need to know about this har trucking business and trading stocks.

    And that word is old arn.
     
  4. Dave_in_AZ

    Dave_in_AZ Road Train Member

    Joined:
    May 4, 2015
    Messages:
    56,518
    Thanks Received:
    384,001
    0
    So it's only lost like 2500 points in 4 days then?
     
  5. Blu_Ogre

    Blu_Ogre Road Train Member

    Joined:
    Jul 14, 2013
    Messages:
    8,212
    Thanks Received:
    48,461
    Location:
    Out west
    0
    Over the past year there's been a bunch of significant dips and bumps in the average. A few in the 2k point range.

    For me the short term sell offs are not an indicator of anything significant other than a good panic inducing headline.
     
  6. Dave_in_AZ

    Dave_in_AZ Road Train Member

    Joined:
    May 4, 2015
    Messages:
    56,518
    Thanks Received:
    384,001
    0
    In the before time....them bolts never camed loose, and dem air valves didn't need replacin.
     
    dwells40, InTooDeep, JoeyJunk and 8 others Thank this.
  7. Blu_Ogre

    Blu_Ogre Road Train Member

    Joined:
    Jul 14, 2013
    Messages:
    8,212
    Thanks Received:
    48,461
    Location:
    Out west
    0
    Wonder where this story will lead to in 3 to 6 months? Another panic sell off as retailers miss their targets cause the citizens are paying their loans instead of buying crap?

    A little more than three months. That's how much time is left before about 41 million federal student loan borrowers have to start making loan payments again.

    The federal government froze student loan payments at the beginning of the coronavirus pandemic, and it has extended that freeze several times since, most recently right before Christmas.

    Student loan payments resume in May. Here are 7 ways to prepare
     
  8. Espressolane

    Espressolane Road Train Member

    Joined:
    Nov 21, 2009
    Messages:
    17,443
    Thanks Received:
    106,547
    Location:
    Just south of the north 40
    0
    The long term, overall gains is the general goal.
    It’s the big casino. Place your bets and hopefully it keeps hitting.
     
    dwells40, InTooDeep, JoeyJunk and 4 others Thank this.
  9. Dale thompson

    Dale thompson Road Train Member

    Joined:
    Nov 20, 2013
    Messages:
    5,155
    Thanks Received:
    43,046
    Location:
    commerce twp,mi
    0
    Commodities that where the evidence of hyperinflation is things like lumber and metals (aluminum and copper and such) makes grain prices look like laggards.
     
    dwells40, JoeyJunk, 77fib77 and 5 others Thank this.
  10. Blu_Ogre

    Blu_Ogre Road Train Member

    Joined:
    Jul 14, 2013
    Messages:
    8,212
    Thanks Received:
    48,461
    Location:
    Out west
    0
    Bet some of you could find a good use for this about now.........

    [​IMG]
     
    Opus, dwells40, InTooDeep and 11 others Thank this.