# Trade has halted -or- Trump can celebrate when the Market goes over 24,000 **URL:** \ **Category:** Miscellaneous and Personal Stuff I Must Share\ **Created:** [March 9, 2020, 1:42pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146 "2020-03-09T13:42:52Z")\ **Posts on this page:** 20\ **Page:** 2
**Author:** ![Ludovic](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@Ludovic](https://boards.straightdope.com/u/Ludovic)\ **Post date:** [March 9, 2020, 9:01pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/21 "2020-03-09T21:01:01Z")
> [@dropzone](#): > > Down: Doh! > Up: Woo hoo! > > Repeat as needed until the mark et closes. Up, Down, Up, Down: Woo hoo in Simlish. ---
**Author:** ![bobot](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bobot/32/21622_2.png) [@bobot](https://boards.straightdope.com/u/bobot)\ **Post date:** [March 9, 2020, 9:35pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/22 "2020-03-09T21:35:46Z")
Thankfully, I won’t be 65 for another 15 years so I believe I can ride this one out and enjoy the next upswing. If I get to 60-ish and am reasonably pleased with my retirement account, I’m locking that shit down in the safest, least rewarding fashion I can. ---
**Author:** ![Icarus](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/icarus/32/72_2.png) [@Icarus](https://boards.straightdope.com/u/Icarus)\ **Post date:** [March 9, 2020, 9:40pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/23 "2020-03-09T21:40:17Z")
> [@bobot](#): > > If I get to 60-ish and am reasonably pleased with my retirement account, I’m locking that shit down in the safest, least rewarding fashion I can. “-ish” “reasonably pleased” Yeah, that’s what they all say. But if it’s still going up everyone wants to ride the wave just…a…little…bit…longer. And then…😃 ---
**Author:** ![UltraVires](https://avatars.discourse-cdn.com/v4/letter/u/ecccb3/32.png) [@UltraVires](https://boards.straightdope.com/u/UltraVires)\ **Post date:** [March 9, 2020, 10:42pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/24 "2020-03-09T22:42:32Z")
Damn, my daughter is going to college in the fall of '21. Her fund has taken a bit hit. I thought at Christmas time about changing it over to safer stuff. I don’t want to panic sell, but…I’m fucking panicking. I’ll just leave it there and have a daily stroke… ETA: The world needs ditch diggers too, girl. 🙂 ---
**Author:** ![markdash](https://avatars.discourse-cdn.com/v4/letter/m/ba8739/32.png) [@markdash](https://boards.straightdope.com/u/markdash)\ **Post date:** [March 10, 2020, 12:01am UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/25 "2020-03-10T00:01:20Z")
> [@bobot](#): > > Thankfully, I won’t be 65 for another 15 years so I believe I can ride this one out and enjoy the next upswing. If I get to 60-ish and am reasonably pleased with my retirement account, I’m locking that shit down in the safest, least rewarding fashion I can. I mean, that’s exactly what they recommend you do. When your retirement horizon is \<5 years away you’re supposed to move most of your funds into bonds and low-risk, low-interest investments ---
**Author:** ![QuickSilver](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/quicksilver/32/7832_2.png) [@QuickSilver](https://boards.straightdope.com/u/QuickSilver)\ **Post date:** [March 10, 2020, 3:54pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/26 "2020-03-10T15:54:21Z")
[D’OH!](https://www.marketwatch.com/tools/marketsummary) ---
**Author:** ![Ann\_Hedonia](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/ann_hedonia/32/319_2.png) [@Ann\_Hedonia](https://boards.straightdope.com/u/Ann_Hedonia)\ **Post date:** [March 10, 2020, 4:51pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/27 "2020-03-10T16:51:17Z")
> [@bobot](#): > > Thankfully, I won’t be 65 for another 15 years so I believe I can ride this one out and enjoy the next upswing. If I get to 60-ish and am reasonably pleased with my retirement account, I’m locking that shit down in the safest, least rewarding fashion I can. No need to go crazy, though. Even after you retire, you won’t need most of that money for 10, 15, 20 years or more. ---
**Author:** ![bobot](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bobot/32/21622_2.png) [@bobot](https://boards.straightdope.com/u/bobot)\ **Post date:** [March 10, 2020, 9:00pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/28 "2020-03-10T21:00:12Z")
Your ideas about my life expectancy please and trouble me. 🙂 ---
**Author:** ![QuickSilver](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/quicksilver/32/7832_2.png) [@QuickSilver](https://boards.straightdope.com/u/QuickSilver)\ **Post date:** [March 10, 2020, 9:02pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/29 "2020-03-10T21:02:47Z")
> [@bobot](#): > > Your ideas about my life expectancy please and trouble me. 🙂 Mr. **bobot** , the good news is, you’re going to live another 20 years; The bad news is, this is the best you’re ever going to feel. ---
**Author:** ![Telemark](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/telemark/32/372_2.png) [@Telemark](https://boards.straightdope.com/u/Telemark)\ **Post date:** [March 11, 2020, 2:55pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/30 "2020-03-11T14:55:59Z")
The Dow is hovering around 24,000 again. Looks like another winner today. ETA - just dropped below ---
**Author:** ![Telemark](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/telemark/32/372_2.png) [@Telemark](https://boards.straightdope.com/u/Telemark)\ **Post date:** [March 11, 2020, 7:00pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/31 "2020-03-11T19:00:57Z")
And we’re plummeting again. ---
**Author:** ![Ludovic](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@Ludovic](https://boards.straightdope.com/u/Ludovic)\ **Post date:** [March 11, 2020, 7:48pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/32 "2020-03-11T19:48:26Z")
Yep, hovering at or below Monday’s low. ---
**Author:** ![Slash1972](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/slash1972/32/6461_2.png) [@Slash1972](https://boards.straightdope.com/u/Slash1972)\ **Post date:** [March 11, 2020, 7:54pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/33 "2020-03-11T19:54:53Z")
> [@UltraVires](#): > > Damn, my daughter is going to college in the fall of '21. Her fund has taken a bit hit. I thought at Christmas time about changing it over to safer stuff. I don’t want to panic sell, but…I’m fucking panicking. I’ll just leave it there and have a daily stroke… > > ETA: The world needs ditch diggers too, girl. 🙂 My kids’ 529 plans automatically switch to more conservative investments as they get older. Not much damage done. ---
**Author:** ![Telemark](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/telemark/32/372_2.png) [@Telemark](https://boards.straightdope.com/u/Telemark)\ **Post date:** [March 12, 2020, 2:04am UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/34 "2020-03-12T02:04:42Z")
After Trump’s speech tonight, the Dow futures dropped another 770 points. ---
**Author:** ![RioRico](https://avatars.discourse-cdn.com/v4/letter/r/f04885/32.png) [@RioRico](https://boards.straightdope.com/u/RioRico)\ **Post date:** [March 12, 2020, 4:38am UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/35 "2020-03-12T04:38:26Z")
> [@Telemark](#): > > After Trump’s speech tonight, the Dow futures dropped another 770 points. The headlines a couple hours later, are: Dow futures plunge more than 1,100 points as Trump speech disappoints investors Stock market news live: Dow drops 1,400 points, ending in bear market and also: Boeing Crashes: $43 Billion in Share Buybacks Turn into Existential Threat Boeing halts hiring, limits overtime to preserve cash, stock falls most since 1974 Is Boeing too big to fail? Is the Dow? ---
**Author:** ![dropzone](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dropzone/32/7515_2.png) [@dropzone](https://boards.straightdope.com/u/dropzone)\ **Post date:** [March 12, 2020, 1:44pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/36 "2020-03-12T13:44:31Z")
It starts…And it stops. Down by 1696. Will it finish the week above 20,000? ---
**Author:** ![Happy\_Lendervedder](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/happy_lendervedder/32/8488_2.png) [@Happy\_Lendervedder](https://boards.straightdope.com/u/Happy_Lendervedder)\ **Post date:** [March 12, 2020, 1:50pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/37 "2020-03-12T13:50:14Z")
I’ve seen a few headlines that blame Trump’s “address” to the nation for the massive drop today. For a guy that’s used the strength of the stock market to brag how great he’s been for the economy, he has to be going ape shit this morning. Maybe today is the day he finally regrets not eating more vegetables and not focusing so much on his overall heart health. ---
**Author:** ![dropzone](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dropzone/32/7515_2.png) [@dropzone](https://boards.straightdope.com/u/dropzone)\ **Post date:** [March 12, 2020, 1:57pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/38 "2020-03-12T13:57:13Z")
Oh, restarted at over 2000 down. Will it finish the DAY above 20k? ---
**Author:** ![Telemark](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/telemark/32/372_2.png) [@Telemark](https://boards.straightdope.com/u/Telemark)\ **Post date:** [March 12, 2020, 3:00pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/39 "2020-03-12T15:00:04Z")
We’re back to the DJIA of Sep 2017 now. ---
**Author:** ![carlb](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/carlb/32/5930_2.png) [@carlb](https://boards.straightdope.com/u/carlb)\ **Post date:** [March 12, 2020, 3:20pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/40 "2020-03-12T15:20:38Z")
Our 401(k) is back to where it was a little over a year ago. An entire year’s growth (including contributions) is gone. Lost roughly 14% just in the last two weeks. :mad: [Previous page](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146.md?page=1) [Next page](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146.md?page=3)