Real World Event Discussions

Dow @ 20K. Time to jump off!

POSTED BY: JO753
UPDATED: Friday, April 4, 2025 13:08
VIEWED: 120054
PAGE 56 of 119

Thursday, July 26, 2018 2:14 AM


Dow closed at 25,414. This is the highest close since 26 February. The 2nd highest close since January. Outside of January, the 2nd highest close in the entire history of the Dow.

This is the 9th day in a row over 25K. Which is the most, outside January.

This is 4.5% off the Record All-Time High.

Reports are that Trump won the Tariff/Trade war, EU caved in on their unfair and unbalanced trade rape of US.

NASDAQ closed at a Record All-Time High of 7,932.

S&P 500 closed at 1,846. It's highest since January.

Despite the persistent delusions of some folk, the GDP report, to be released this week, usually has an effect on the Market. The Market which anybody can partake in.
So if we knew the Market would gain in value in the next week, we could ride that gain and increase our personal funds.

Thursday the Jobless Claims are reported.

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Thursday, July 26, 2018 2:21 AM


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 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.

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Thursday, July 26, 2018 2:22 AM

Quote:

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.

Another repost, for convenience. From 8 Feb.

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Thursday, July 26, 2018 2:23 AM


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.

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Thursday, July 26, 2018 5:31 AM

I should probably post my own thread about the bullshit GDP numbers since you worked so hard to get that data buried today.

Do Right, Be Right. :)

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Friday, July 27, 2018 2:15 AM

Dow closed at 25,527. This is the 10th day in a row over 25K.

This is 4.2% off the Record All-Time High.

Tomorrow is the Economy report with GDP.

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Saturday, July 28, 2018 7:58 PM

Dow closed Friday at 25,451. This is the second day in a row over 25,450, for the first time since January.

And 11th day in a row over 25K, again the most since January.


The first time Dow closed over 25K was in January. It remained over 25K for 21 trading days in a row.
The first 9 days it remained under 26K.

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Tuesday, July 31, 2018 7:35 AM

Dow closed today at 25,306. 12th day in a row over 25K.

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Tuesday, July 31, 2018 8:40 AM

Putin iz dumping Russia'z stake in America. Probably kuz he knowz sumthing.

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

http://www.7532020.com

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Tuesday, July 31, 2018 9:01 AM

Quote:

Originally posted by JO753:
Putin iz dumping Russia'z stake in America. Probably kuz he knowz sumthing.

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

http://www.7532020.com



That's a good thing, right?

Citations?

Do Right, Be Right. :)

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