Dow @ 20K. Time to jump off!
POSTED BY: JO753
UPDATED: Friday, April 4, 2025 13:08
VIEWED: 120054
PAGE 51 of 119
Dow closed today at 25,322. Of the 7 trading days since the Jobs Report, this is the 6th day of gains.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Quote:This was posted on 6 Feb. I should try to post it at top of page for convenience, since a lot of noise has been posted since then.
Originally posted by JEWELSTAITEFAN:
Although a lot of people would be relieved if it drops to 22,623 before rebounding.
Perhaps I should point out, here in the moment: these are the days of making the largest gains in funds. Buying at a discount of 6% can get an easy gain on bounce back, in a matter of days instead of the 55 days it recently took to scale this mountain of stock value.
And if it can drop to 22,623 then the rebound can only be reasonably expected to be 5% to 10% of the all-time high, so buying at the end of Monday could still result in a loss.
But regardless, whenever the market hits the best bargain price, that is when the common trader has the greatest opportunity to grow their funds. Although this volatility is just noise, the potential for growth is far greater than days of a couple hundred point gains.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Quote:Another repost, for convenience. From 8 Feb.
Originally posted by JEWELSTAITEFAN:
Alright, so let's take a moment to explore the scenario if the Libtard view actually wasn't a delusion.
Their premise is that the real actual value of the Market is represented by Dow 15,000.
So then 26,616 is an actual overevaluation of 11,616 - or 177% of the true value. That may well be a historical record.
So if Dow goes no higher than that during this cycle, then a drop to 22,623 will signal onset of a Bear Market cycle. The rebound will go to about 23,954 - 25,285 range and then drop. A Bear Market drop always bottoms far below the true value of a stock, so the Dow would at this point bottom out around 8,000 - 12,000. The would represent a drop of 55% - 70%. Such a large drop gives investors plenty of time or range to recognize the drop and exit their stocks, before the bottom price is available to buy back in for massive gains - doubling or tripling your fund value. Unless the Libtard duplicates 2008 and keeps all their money in the Market until they've lost 60% of their life savings. So what are the Libtards panicking about? Their scenario provides the best possible outcome for their funds!
By comparison OTOH, if the Libtards are delusional and the Stock Market is the Real World, then a couple extreme possibilities can be presented.
One is that, for no reason, the current high of 26,616 remains the peak of this cycle. The drop to trigger remains the same as above, as well as the rebound range. But then the bottom would be more like 17,740 (67%) or we could hope for 13,300 (50%). The discount price for buying back in would not be as big of a bargain, plus the time of range of drop would be more brief, so exiting the fund would be more time critical, allowing for less dilly-dallying. And then the recovery gains would only be 30 - 50%.
The other possibility would be that the explanation for Obamanomics which I posted earlier in this thread are correct. The Market will continue to climb, for up to 8 years, before moving to Bear Market.
By that time most folk would have forgotten about Libtard delusional theories.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Top-of-the-Page reposting, from 22 May:
Quote:
Originally posted by JEWELSTAITEFAN:
Dow closed today at 23,533. A drop of 1.7% today. This is 11.6% off the Record All-Time High. Hard to beat a discount price like this to buy in at. Buffet must be buying like crazy about now.
The Dow closed at 23,860 on 8 February.
Dow closed at 23,539 on 4 November 2017.
Dow closed at 23,516 on 3 November 2017.
Today Trump signed the Cramnibus Spendaholic bill, largest spending bill in history, to last until September if this year, 6 months from now.Quote:
Originally posted by JEWELSTAITEFAN:
Although a lot of people would be relieved if it drops to 22,623 before rebounding.
Perhaps I should point out, here in the moment: these are the days of making the largest gains in funds. Buying at a discount of 6% can get an easy gain on bounce back, in a matter of days instead of the 55 days it recently took to scale this mountain of stock value.
And if it can drop to 22,623 then the rebound can only be reasonably expected to be 5% to 10% of the all-time high, so buying at the end of Monday could still result in a loss.
But regardless, whenever the market hits the best bargain price, that is when the common trader has the greatest opportunity to grow their funds. Although this volatility is just noise, the potential for growth is far greater than days of a couple hundred point gains.
This was posted 23 March, with the lowest close of the Dow in 2018, at 23,533.
Prior to 4 November 2017 the Dow had never closed higher than 23,516.
Today Dow closed at 24,834.
The within quote was from 6 Feb. Folk can't say I didn't provide the recipe in time.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
One template of Market measure uses the level of 5% off the Record All-Time High.
Since January the Dow has not had 2 consecutive days closing within 5% of the Record All-Time High.
Tuesday marked the 3rd consecutive day of closes within 5% of the Record All-Time High.
Since January, the Dow has closed lower than 10% off the Record All-Time High, something like 12%. But Dow has not closed below 15% off the Record All-Time High.
Dow closed at 25,320 Tuesday.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Dow closed at 25,201. Dropping almost half a percent after The Fed announced an expected interest rate increase but also a previously denied 4th planned rate hike for the year.
Tomorrow the Jobless Claims report is released, and also the IG Report on DoJ Crimes.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Dow closed on Thursday at 25,175.
Dow closed on Friday at 25,090.
Every day this past week had a close over 25,000. This has not happened since January - nor ever before January, either. Outside of January, this is the highest weeklong threshold and the highest weekly average in the entire history of the Dow.
This is also the most stable and consistent week of closing value of this entire Calendar Year so far, and almost the most stable 2-week stretch of the Calendar Year.
Barring other factors and influences, the Market will likely get a boost from the GDP Report on 29 June, and the Unemployment Report on 6 July. As has happened every month since March.
Of course, JO says the actual Market value is around 17,000.
Maybe we all really should have Jumped Off at 20K.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Dow closed Monday at 24,987.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Dow closed Tuesday at 24,700.
Dow closed Wednesday at 24,657.
This week has been drumbeating about Tariff Trade Wars.
Thursday the Jobless Claims numbers come out.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Dow closed Thursday at 24,461. Hasn't closed that low since 31 May. This is 8.1% off the Record All-Time High.
Despite positive news of Jobless Claims and GDP growth at 3.7%, SCOTUS ruled that Internet Sales had to pay taxes.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME