Stock Market looking at a dark day

Oh, brother.....not the "stealing the labor of workers" crap again.

If you don't want the big bad capitalist taking advantage of you, then find a cabin in the woods, grow and make your own things, and don't spend a dollar. Myself, however, I like some of the finer things in life and do not mind giving some of my labor for a decent paycheck.

 

They are profiting by stealing the labor of workers. They are filthy capitalists. They own the means of production.

 

For the past several posts I have been spewing socialist talking points. I'm glad I was as convincing as I was. A little disappointed that the local commies didn't jump in and support me.

Check out my posting history if you doubt that I am as anti-socialist as they come.

 

You should lay off the bottle

 

You are aware that the owners of the means of production steal labor value from workers, right? This is standard Marxists theory.

 

Who gives a **** really. People only care about paying their own ****ing bills for food, clothes and medicine.

 

Agree with both posts. It's as if people don't remember the market has had far worse days and tends to bounce back.

Mom would always say during downturns, "Ride it out, just ride it out." - and she did well. Not Bill Gates well, but she ended up far better off than when she started with practically nothing at all.

 

Then I guess they shouldn't be on a political discussion forum.

 

Why shouldn't they be in a political discussion forum?

 

The only care about paying their own bills. They don't care about discussing whether this is good or bad or whether they should or shouldn't.

 

The man sure can make some ugly faces, can't he? Poor Melania. I hope she has her own room with a lock on the door. That is a face nightmares are made from.

 

You rang?

 

1.79% loss on the day. Hardly unusual.

Oct 27, 1997 the djia fell 554.26 to close at 7,161.15, third largest point loss in history. BUT THE PER CENT DOWN WAS 7.18%.

The investor doesn't gain or lose points. The investor loses a per cent of the money they have in the market.

Per cent is the acid test of what counts on money. Points only put calculators into investors hands.

 

Mea Culpa

 

No need. How would you know. I was just goofing around.

 

A 500 pt loss in one day in 1997 would be like a 2000 pt loss today because the market numbers were much lower in 1997. The Dow Jones used to be 1/3rd of what it is today. Since then, stock exchanges attempt to ease panic selling by taking certain steps to halt trading by using market circuit breakers, or collars.

 

Right. 7161.15, as in post 163. It hadn't broken 2000 when I first stuck my toes in the water.

 

You mean that you made up a claim about "local commies" and you are upset that not one "local commie" supported your claim? Clearly your "socialist talking point" is a BS claim spewed by "Righties"

 

Stop stealing workers' labor value.

 

Month 28 in office
Obama: +57.1%
Trump: +30.7%
Bush: -18.7%

 

So convincing that none of the supposed "commies" fell for your attempts at trolling. LOL!

What it tells us about, though, is your twisted perception of the "other side", fed by the typical RW talking points.

 

RW talking points? I'm not sure to what you are referring.

 

Buy! Buy! Buy!

 

The obama numbers are always phony. When the 2008 crash hit the only way for things to go was up. It was a natural bounce and had zero to do with obama policies.

 

16 months of no growth in DJIA under Trump........