Dow @ 20K. Time to jump off!
POSTED BY: JO753
UPDATED: Friday, April 4, 2025 13:08
VIEWED: 120054
PAGE 35 of 119
No. You sound exactly like all the people who knew it all when I didn't' want to buy a home back in 2006 and they said that I was stupid because I was throwing money away on rent.
Eventually the DOW will come crashing down.
Enjoy your "free" money while it lasts. I hope you pull out at the right time. Most people don't.
You are gambling. Plain and simple. Don't do it with money you can't afford to lose. Any investment banker worth their salt would give you the same advice.
The money you're "earning" in your portfolio right now is money that was siphoned from the American worker. Do us all a favor and don't lose it to the really rich people, mkay?
Do Right, Be Right. :)
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Quote:
Originally posted by JEWELSTAITEFAN:Dow at 24,601
I get it now!
The JSF Mk VII Dow Reporter only deliverz good newz! You haf to purchase a different model to get bad newz!
Smart merchandizing stratejy, but still - Dam them! Dam them to Hell!
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DUZ XaT SEM RiT TQ YQ? - Jubal Early
http://www.7532020.com
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Quote:Why pretend good news is bad news? Why pretend bad news is good news?
Originally posted by JO753:Quote:I get it now!
Originally posted by JEWELSTAITEFAN:Dow at 24,601
The JSF Mk VII Dow Reporter only deliverz good newz! You haf to purchase a different model to get bad newz!
Smart merchandizing stratejy, but still - Dam them! Dam them to Hell!
I have pointed out bad news, like when you tell people to stop making money, or to lose money. That is bad news.
Otherwise, I consider making money, growing your funds to be good news for fans of Firefly.
You are already providing the silly Chicken Little spin, I am merely providing Equal Time for the reasonable people.
Good thing everybody got out at Dow 20K, like Chicken Little said.
You will have an opportunity to lose money by staying in the Market during a Bear drop and then selling at a low price, at some point.
But Dow 20K is not that point in the cycle.
Since you seem to have no clue about the Stock Market, can you share with us your view of how to make money in the Stock Market? You don't want us to make money when the Bull Market is gaining. You don't want us to make money during a correction. You want us to lose money by staying out while the Market and inflation are rising around us. While a rising tide lifts all ships, you want us to be firmly anchored at the bottom of the bay with concrete shoes.
So while reasonable people are growing their funds, what is your plan or method to make money with the Stock Market? At what point do you think we should partake in the growth? The Market won't go up all the time, so most of us should ride it up when it is going up. What is your alternative method?
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Quote:
Originally posted by JEWELSTAITEFAN:
You will have an opportunity to lose money by staying in the Market during a Bear drop and then selling at a low price, at some point.
But Dow 20K is not that point in the cycle.
Well... there it is. Good luck picking the right time. I know plenty of people in my life who swear they have a system with slot machines. This sounds just like they do.
Do Right, Be Right. :)
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Quote:In your lifetime, how many Bear Markets have you experienced? If you live/invest 20 more years, how many Bear Markets will you expect to endure?
Originally posted by 6IXSTRINGJACK:Quote:Well... there it is. Good luck picking the right time. I know plenty of people in my life who swear they have a system with slot machines. This sounds just like they do.
Originally posted by JEWELSTAITEFAN:
You will have an opportunity to lose money by staying in the Market during a Bear drop and then selling at a low price, at some point.
But Dow 20K is not that point in the cycle.
Do Right, Be Right. :)
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Dow closed at 25,709 today, up 1.58% for the day.
Still 3.4% off the Record All-Time High, but the discount bargain pricing seems over for now.
A gain of 4.5% since JO & 6 said to get out 14 days (9 trading days) ago, or 117% APR.
That is a gain of 7.7% since 8 Feb, or 157% APR.
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Quote:?
Originally posted by JEWELSTAITEFAN:Quote:Why pretend good news is bad news? Why pretend bad news is good news?
Originally posted by JO753:Quote:I get it now!
Originally posted by JEWELSTAITEFAN:Dow at 24,601
The JSF Mk VII Dow Reporter only deliverz good newz! You haf to purchase a different model to get bad newz!
Smart merchandizing stratejy, but still - Dam them! Dam them to Hell!
I have pointed out bad news, like when you tell people to stop making money, or to lose money. That is bad news.
Otherwise, I consider making money, growing your funds to be good news for fans of Firefly.
You are already providing the silly Chicken Little spin, I am merely providing Equal Time for the reasonable people.
Good thing everybody got out at Dow 20K, like Chicken Little said.
You will have an opportunity to lose money by staying in the Market during a Bear drop and then selling at a low price, at some point.
But Dow 20K is not that point in the cycle.
Since you seem to have no clue about the Stock Market, can you share with us your view of how to make money in the Stock Market? You don't want us to make money when the Bull Market is gaining. You don't want us to make money during a correction. You want us to lose money by staying out while the Market and inflation are rising around us. While a rising tide lifts all ships, you want us to be firmly anchored at the bottom of the bay with concrete shoes.
So while reasonable people are growing their funds, what is your plan or method to make money with the Stock Market? At what point do you think we should partake in the growth? The Market won't go up all the time, so most of us should ride it up when it is going up. What is your alternative method?
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I didn't say to get out. I said that you shouldn't play in the first place unless you have money to gamble and the DOW is your game of choice instead of going to the boat or betting on a basketball game.
Stop saying that I said things I didn't say.
Do Right, Be Right. :)
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Quote:In your lifetime, how many Bear Markets have you experienced? If you live/invest 20 more years, how many Bear Markets will you expect to endure?
Originally posted by 6IXSTRINGJACK:Quote:Well... there it is. Good luck picking the right time. I know plenty of people in my life who swear they have a system with slot machines. This sounds just like they do.
Originally posted by JEWELSTAITEFAN:
You will have an opportunity to lose money by staying in the Market during a Bear drop and then selling at a low price, at some point.
But Dow 20K is not that point in the cycle.
Do Right, Be Right. :)
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Quote:
Originally posted by JEWELSTAITEFAN:Quote:In your lifetime, how many Bear Markets have you experienced? If you live/invest 20 more years, how many Bear Markets will you expect to endure?
Originally posted by 6IXSTRINGJACK:Quote:Well... there it is. Good luck picking the right time. I know plenty of people in my life who swear they have a system with slot machines. This sounds just like they do.
Originally posted by JEWELSTAITEFAN:
You will have an opportunity to lose money by staying in the Market during a Bear drop and then selling at a low price, at some point.
But Dow 20K is not that point in the cycle.
Do Right, Be Right. :)
Why would you ever imagine that something such as the DOW would continue in the future as it has in the past? It's only 120 years old. Most of the people who invest in it don't even understand what they're actually doing.
Add to this the volatility of the market right now, all of the questions that globalization brings up and the general unease in the world right now.
I reject your argument. It's the same one that people who told me I was an idiot for paying rent told me when I didn't buy a house before the crash.
Do Right, Be Right. :)
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