# 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:** 16\ **Page:** 5
**Author:** ![VOW](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/vow/32/3043_2.png) [@VOW](https://boards.straightdope.com/u/VOW)\ **Post date:** [March 16, 2020, 8:46pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/81 "2020-03-16T20:46:37Z")
> [@beowulff](#): > > I blame Trump. He claims no responsibility! 🆒 ~VOW ---
**Author:** ![MEBuckner](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/mebuckner/32/2896_2.png) [@MEBuckner](https://boards.straightdope.com/u/MEBuckner)\ **Post date:** [March 16, 2020, 10:30pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/82 "2020-03-16T22:30:55Z")
Headline on CNN Business (Fake News, Very Sad!): **Dow tumbles nearly 3,000 points – worst point drop in history** See? _ **Yuuuge!** _ Coming up: This is gonna be the biggest recession EVER! and This is gonna be the biggest pandemic EVER! ---
**Author:** ![Alley\_Dweller](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/alley_dweller/32/430_2.png) [@Alley\_Dweller](https://boards.straightdope.com/u/Alley_Dweller)\ **Post date:** [March 16, 2020, 11:09pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/83 "2020-03-16T23:09:02Z")
But only the heroic efforts of Our Glorious Leader will be able to reverse the Demo-led drop. They may be ahead for now, but if we hold the course and unite behind Our Glorious Leader, he shall prevail. ---
**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 18, 2020, 3:16pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/84 "2020-03-18T15:16:37Z")
On Jan 19, 2017, stock market value of DJIA was 19,807. Now, DJIA is 19,843, and dropping. Can’t wait to hear Trump bullshit his way out of this one. ---
**Author:** ![pulykamell](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/pulykamell/32/3166_2.png) [@pulykamell](https://boards.straightdope.com/u/pulykamell)\ **Post date:** [March 18, 2020, 3:20pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/85 "2020-03-18T15:20:13Z")
> [@QuickSilver](#): > > On Jan 19, 2017, stock market value of DJIA was 19,807. > > Now, DJIA is 19,843, and dropping. > Can’t wait to hear Trump bullshit his way out of this one. Unfortunately, pretty easy to bullshit your way out of this one. Something along the lines of “this was a once in a lifetime crisis. Anyone would have been fucked by this. Not my fault. Dems would have done it worse.” Seriously, that’s all there is to it. And the true believers will believe. ---
**Author:** ![pulykamell](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/pulykamell/32/3166_2.png) [@pulykamell](https://boards.straightdope.com/u/pulykamell)\ **Post date:** [March 18, 2020, 3:27pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/86 "2020-03-18T15:27:03Z")
Remember this is the same guy – the same fucking guy – who last week tweeted celebratorily about [the biggest stock market gain in history](https://twitter.com/realDonaldTrump/status/1238799084263260161), after some of the worst losses in history. The guy is a fucking side show carnival barker. He can go to hell. ---
**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 18, 2020, 3:31pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/87 "2020-03-18T15:31:19Z")
True. No matter what happens with CV-19, we’ll never be rid of the orange pestilence, will we. ---
**Author:** ![pulykamell](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/pulykamell/32/3166_2.png) [@pulykamell](https://boards.straightdope.com/u/pulykamell)\ **Post date:** [March 18, 2020, 3:41pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/88 "2020-03-18T15:41:41Z")
> [@QuickSilver](#): > > True. No matter what happens with CV-19, we’ll never be rid of the orange pestilence, will we. Being an eternal optimist, I still have some hope in humanity, but I’m only giving it even money right about now that we will be free of this scourge. It really should be a slam dunk, but, unfortunately, it’s not. Humanity and its lack thereof is really disappointing me right now. ---
**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 18, 2020, 4:33pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/89 "2020-03-18T16:33:36Z")
> [@QuickSilver](#): > > On Jan 19, 2017, stock market value of DJIA was 19,807. > > Now, DJIA is 19,843, and dropping. Looks like 12:16 PM on 3/18/2020 ---
**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 18, 2020, 5:10pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/90 "2020-03-18T17:10:44Z")
It looks like Trump’s rambling press conference tripped the circuit breaker. I kept watching the tumble while he was talking while screaming SHUT THE FUCK UP, MORON! Can’t you see what your doing? But I guess he couldn’t see the ticker. ---
**Author:** ![Johnny\_L.A](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/johnny_l.a/32/1084_2.png) [@Johnny\_L.A](https://boards.straightdope.com/u/Johnny_L.A)\ **Post date:** [March 18, 2020, 5:11pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/91 "2020-03-18T17:11:02Z")
A few weeks ago, the DOW was over 29,000. Right now, it’s down 33% from that mark. ---
**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 18, 2020, 5:14pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/92 "2020-03-18T17:14:36Z")
It looks like Trump’s rambling press conference tripped the circuit breaker. I kept watching the tumble while he was talking while screaming SHUT THE FUCK UP, MORON! Can’t you see what your doing? But I guess he couldn’t see the ticker. ---
**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 18, 2020, 5:19pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/93 "2020-03-18T17:19:56Z")
Don’t know about the rest of you, but I find some things are easier to take if there’s a soundtrack: [Way down we go.](https://www.youtube.com/watch?v=0-7IHOXkiV8) ---
**Author:** ![RioRico](https://avatars.discourse-cdn.com/v4/letter/r/f04885/32.png) [@RioRico](https://boards.straightdope.com/u/RioRico)\ **Post date:** [March 19, 2020, 4:06am UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/94 "2020-03-19T04:06:03Z")
Buy high, sell low; that’s the Trimp trick. Take it from an expert in bankruptcy and bailouts: NOW is the time to plan your loan defaults because all this sickness. Only lenders are to blame for trusting money with you. Who’s the sucker then? “Buy when blood runs in the streets,” said JP Morgan IIRC. He implied metaphorical blood, not the hemoglobin stuff. But we may see (and clean up after) leapers when Dow resumes around 16k. Bye-bye, cruel world. Ka-chunk. ---
**Author:** ![MEBuckner](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/mebuckner/32/2896_2.png) [@MEBuckner](https://boards.straightdope.com/u/MEBuckner)\ **Post date:** [March 19, 2020, 8:26am UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/95 "2020-03-19T08:26:40Z")
Time to dig those [Dow 15000 hats\*](https://blogs.wsj.com/moneybeat/2013/05/03/break-out-the-dow-15000-hats/) out of the back of the closet! \*Yes, I know it’s pay-walled. I can’t read it either. The only important parts are a.) the headline and b.) the date. ---
**Author:** ![Ruken](https://avatars.discourse-cdn.com/v4/letter/r/f475e1/32.png) [@Ruken](https://boards.straightdope.com/u/Ruken)\ **Post date:** [March 19, 2020, 11:27am UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/96 "2020-03-19T11:27:07Z")
> [@MEBuckner](#): > > Time to dig those [Dow 15000 hats\*](https://blogs.wsj.com/moneybeat/2013/05/03/break-out-the-dow-15000-hats/) out of the back of the closet! > > \*Yes, I know it’s pay-walled. I can’t read it either. The only important parts are a.) the headline and b.) the date. They are the only important parts, but for the curious: > [@](#): > > Fueled by a strong jobs report, the Dow Jones Industrial Average topped 15,000 for the first time in its history. The blue-chip average took 1,458 trading days, or nearly six years, to hit the big, round number after it first closed above 14000 on July 19, 2007 [Previous page](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146.md?page=4)