Real World Event Discussions

Dow @ 20K. Time to jump off!

POSTED BY: JO753
UPDATED: Friday, April 4, 2025 13:08
VIEWED: 120054
PAGE 34 of 119

Thursday, February 15, 2018 9:14 AM

Quote:

Originally posted by JO753:
The real playerz will figure its definitley jammed up, so time to bail out. If not by Friday, next week.

Your predictions have always been wrong so far. Maybe you get one right.
But I don't think so, not with current available evidence.

NOTIFY: Y  | REPLY  | REPLY WITH QUOTE  | PERMALINK  | TOP  | HOME

Thursday, February 15, 2018 6:50 PM

It's a lot more fun watching this from the sidelines.

Do Right, Be Right. :)

NOTIFY: Y  | REPLY  | REPLY WITH QUOTE  | PERMALINK  | TOP  | HOME

Thursday, February 15, 2018 7:06 PM

Quote:

Originally posted by JEWELSTAITEFAN:Your predictions have always been wrong so far.


My gasoline prediction iz holding up. And aside from the Trump factor, the farther we get into the future, the less likely the prediction will fail.

My stock market prediction can be jeneralized this way: The higher it iz, the more likely it iz to crash.

You can narrow it down to: the higher it iz above the real value. That makes it more useful, but requirez sum estimate on wut the real value iz, wich iz tricky and unreliable.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com

NOTIFY: Y  | REPLY  | REPLY WITH QUOTE  | PERMALINK  | TOP  | HOME

Thursday, February 15, 2018 9:27 PM

Quote:

Originally posted by JO753:
Quote:

Originally posted by JEWELSTAITEFAN:Your predictions have always been wrong so far.
stock market prediction can be jeneralized this way: The higher it iz, the more ....

you have lost by not being in it.
An accurate rule of thumb right there.



Also, I failed to mention yesterday that Dow has regained all of the territory it lost since New Years Day.

NOTIFY: Y  | REPLY  | REPLY WITH QUOTE  | PERMALINK  | TOP  | HOME

Friday, February 16, 2018 12:01 AM

I'd still rather have my house paid for. Every month I "make" $1,000+ by not paying rent. It's paid for itself now that I've been here 5 1/2 years, and is now paying tax free dividends. That's not including the fact that the market has improved the value of it without even considering the money I've put into it so far by rehabbing it.

Have fun gambling. I hope it works out for you.

Do Right, Be Right. :)

NOTIFY: Y  | REPLY  | REPLY WITH QUOTE  | PERMALINK  | TOP  | HOME

Friday, February 16, 2018 2:18 AM

Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by JEWELSTAITEFAN:
I should have asked:
Who thinks which day this week will have the biggest gain?

I don't have money to wager, my money was already in the market before this discount buying opportunity.

Dow closed at 24,912.
Only 2.33% gain. Room enough to gain more tomorrow.

Perhaps the bargain pricing is over.

Note: thus far, nobody else has weighed in.

Dow closed at 24,601. Only a 1.70% gain.
Now 7.6% off the all-time Record High.

Still plenty of room for a larger gain on another day. Who thinks which day will have the biggest gain this week?

Dow closed at 25,200. A 1.23% gain for the day.

It could be just a steady, stable, solid week of gains. But an easy gain of 8-9% in a span of 2 weeks or so is still better than waiting a year for that, like with Obamanomics.

Still 5.3% off the all-time record high, so the buy in price is a little discounted yet.

NOTIFY: Y  | REPLY  | REPLY WITH QUOTE  | PERMALINK  | TOP  | HOME

Saturday, February 17, 2018 2:26 AM

Dow closed at 25,219 today.

Another week with 1,029 point gain, or 4.3% gain in one week. Or 222% APR.

And 618 point gain since JO and 6string advised getting out before you make too much money, 4 days ago. An easy 2.5% gain in 4 days, or 229% APR.

NOTIFY: Y  | REPLY  | REPLY WITH QUOTE  | PERMALINK  | TOP  | HOME

Saturday, February 24, 2018 8:04 AM

Dow closed today at 25,309.
That is 4.9% off the Record All-Time High.

NOTIFY: Y  | REPLY  | REPLY WITH QUOTE  | PERMALINK  | TOP  | HOME

Saturday, February 24, 2018 8:13 AM

I didn't advise anything other than don't gamble with money that you can't afford to lose.



Do Right, Be Right. :)

NOTIFY: Y  | REPLY  | REPLY WITH QUOTE  | PERMALINK  | TOP  | HOME

Saturday, February 24, 2018 10:22 AM

Quote:

Originally posted by 6IXSTRINGJACK:
Remember. Investing is gambling, no matter what anybody tells you. Never gamble with money you can't afford to lose.

The logic sequence you posted with Dow at 24,601 seems to be "don't make any easy money from investments" unless you are already wealthy.
That sounds circular at best, and more like perpetuation of caste or class warfare.

Only wealthy people should be allowed to earn from readily accessible investment vehicles? You must want to keep the poor more poor and the wealthy outdistancing everyone else.

Those you call "the wealthy" are inviting you and us to hop on the ride to financial freedom, and you insist on being left off of the path to Fiscal growth, while other hard-working individuals partake.

NOTIFY: Y  | REPLY  | REPLY WITH QUOTE  | PERMALINK  | TOP  | HOME