Dow @ 20K. Time to jump off!
POSTED BY: JO753
UPDATED: Friday, April 4, 2025 13:08
VIEWED: 120054
PAGE 66 of 119
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
Dow closed today at 26,154. That is the highest Close since January. And the 8th highest Close in history.
This is 1.7% off the Record All-Time High. This is the 45th day in a row over 25K, and 21st day over 25,500.
This is one of 17 days in history which have Closed over 26K.
S&P 500 closed at 2,904. That is the 2nd highest close in history.
Yup, as of 10 September at 25,857 there was nowhere to go but down. Yet every day since then has been higher. Which is 1.1% in 4 days, or 63% APR.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Dow closed today at 26,062. This is the 46th day in a row over 25K, and the 22nd over 25,500.
This is the 3rd day in a row over 26K. This ties the streak of 3 last month. Only one other time was it over 26K, for 12 days in January.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Dow closed today at 26,246.
This is the 5th highest Close in history, and the highest since January.
This is 1.4% off the Record All-Time High.
This is the 47th day in a row over 25K, and the 23rd over 25,500. This is the 4th day in a row over 26K, which is the longest streak outside of January.
S&P 500 closed at 2,904. This is the 2nd highest in history.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
I will try to notate the Top 5 Dow Closes, so that other folk might follow along.
1. 26,616 26 January 2018.
2. 26,439 29 January 2018.
3. 26,394 25 January 2018.
4. 26,252 24 January 2018.
5. 26,246 18 September 2018
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Dow Closed at 26,405. That is the 3rd highest Close in history. Most of the day it traded at levels above the 2nd highest Close.
That is 0.8% off the Record All-Time High.
S&P 500 closed at 2,907. That is the 2nd highest close in history.
Yup. Obviously nowhere to go but down, from 25,857. Every day since then has been not down.
Tomorrow the Jobless Claims are reported.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Dow closed today at 26,656. This is a new Record All-Time High. The first since 26 January.
S&P500 closed at 2,930. This is a new Record All-Time High.
NASDAQ closed at 8,028. This is the 5th highest close, the other 4 posting in the past Month.
For those striving to lose money during the easiest, most predictable portion of the Market cycle, your time has passed. It is too late to sell at the low prices of the past 8 months. If you sold out of the Market today you would have attained the highest price in history, completely foiling the plans to lose money like the contributors to this thread.
If you were able to sell out at lower prices during the past 8 months, you can now buy at the highest price ever, thereby solidifying your losses.
Only last week some were encouraging you to lose money by proclaiming that there was NOWHERE ELSE TO GO BUT DOWN, although the Market has gone nowhere but up since those predictions.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Dow closed today at 26,743. This is a new Record All-Time High. For the 2nd day in a row.
Hmmmm. Today was the Anniversary of the founding of the Koch Brothers company. Hmmmm.
Next week Thursday 27 September the new GDP figures are released.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME