Real World Event Discussions

Dow @ 20K. Time to jump off!

POSTED BY: JO753
UPDATED: Friday, April 4, 2025 13:08
VIEWED: 120054
PAGE 72 of 119

Wednesday, October 31, 2018 4:31 PM

Monday Dow closed at 24,442. During the trading session, the ups and downs spanned 850 points, more than 3%.

Tuesday Dow closed at 24,874.

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Thursday, November 1, 2018 6:30 AM

Dow closed today at 25,115. After 5 trading days closing below 25K.

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Thursday, November 1, 2018 10:58 PM

Quote:

Originally posted by JEWELSTAITEFAN:
Dow closed today at 25,115. After 5 trading days closing below 25K.

Urging Christians nationwide to “Buy! Buy! Buy!” on Thursday, Jesus Christ, the King of Kings and Lord of Lords, announced that He will come again to judge the living and the dead once the Dow clears 27,000. “Listen, my children, and I will tell you—when the NYSE closing bell rings out and the Dow Jones Industrial Average soars above 27,000 points, I will return to strike down the wicked and reign over the righteous forevermore,” said Our Lord and Savior, adding that only increased consumer confidence and low interest rates could hasten His glorious Second Coming. “Rejoice, stockholders, for the kingdom of God is at hand, assuming this upward trend continues. Repent and believe in the bull market.”
www.theonion.com/jesus-announces-plans-to-return-once-the-dow-clears-2
7-1830155761


The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Friday, November 2, 2018 3:47 PM

Next week is the Election. It was brought to my attention, but I have not confirmed yet, that the Stock Markets rise on the Wednesday after a Mid-term Election without apparent regard for which Party wins. So if you are looking for a stable trend to make money on, then confirm if this is true. Then you would buy in to a growth fund on Friday, Monday, Tuesday, and sell at CoB Wednesday.

This simple practice would be called Market Timing, which newly minted mush head Fiscal Experts say Does Not Exist, has Never Existed, has Never Worked, despite decades of success.

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Friday, November 2, 2018 4:23 PM

Last week I looked at the BLS Release Calendar and the Jobs Report was scheduled for next week.

But now it is scheduled for Friday, 2 November.

Might help remind folks who to vote for.

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Friday, November 2, 2018 4:31 PM

Quote:

Originally posted by JEWELSTAITEFAN:
Last week I looked at the BLS Release Calendar and the Jobs Report was scheduled for next week.

But now it is scheduled for Friday, 2 November.

Might help remind folks who to vote for.

Real average hourly earnings up 0.2 percent from August 2017 to August 2018.

Tremendous job Trump did. Vote for him and get another 0.2 percent raise in 2019. Oddly enough, under Obama the raises were larger. See the graph from the Bureau of Labor Statistics at
www.bls.gov/opub/ted/2018/real-average-hourly-earnings-up-0-point-2-pe
rcent-from-august-2017-to-august-2018.htm


The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Monday, November 5, 2018 8:37 AM

Quote:

Originally posted by JEWELSTAITEFAN:
Next week is the Election. It was brought to my attention, but I have not confirmed yet, that the Stock Markets rise on the Wednesday after a Mid-term Election without apparent regard for which Party wins. So if you are looking for a stable trend to make money on, then confirm if this is true. Then you would buy in to a growth fund on Friday, Monday, Tuesday, and sell at CoB Wednesday.

This simple practice would be called Market Timing, which newly minted mush head Fiscal Experts say Does Not Exist, has Never Existed, has Never Worked, despite decades of success.

I looked at the funds I use in my Tax-Deferred account. For 2014, 2010, 2006 they all gained on the day after. Prior to 2003 the data is not available online.

In 06 there was 0.6%, 0.1%. In 10 there was 0.5%, 1.0%. And 14 was 0.2%, 0.7%.
No losses. So I'll be making a transfer tonight.

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Monday, November 5, 2018 11:30 AM

Dow closed Thursday at 25,380.

Closed Friday at 25,270.

Next Wednesday CBO issues the Monthly Update on the Budget.

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Wednesday, November 7, 2018 12:56 PM

Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by JEWELSTAITEFAN:
Next week is the Election. It was brought to my attention, but I have not confirmed yet, that the Stock Markets rise on the Wednesday after a Mid-term Election without apparent regard for which Party wins. So if you are looking for a stable trend to make money on, then confirm if this is true. Then you would buy in to a growth fund on Friday, Monday, Tuesday, and sell at CoB Wednesday.

This simple practice would be called Market Timing, which newly minted mush head Fiscal Experts say Does Not Exist, has Never Existed, has Never Worked, despite decades of success.

I looked at the funds I use in my Tax-Deferred account. For 2014, 2010, 2006 they all gained on the day after. Prior to 2003 the data is not available online.

In 06 there was 0.6%, 0.1%. In 10 there was 0.5%, 1.0%. And 14 was 0.2%, 0.7%.
No losses. So I'll be making a transfer tonight.

Dow closed Monday at 25,461.
On Tuesday at 25,635. All 3 major Indices gained more than 0.6% for the day.

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Thursday, November 8, 2018 2:11 AM

Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by JEWELSTAITEFAN:
Next week is the Election. It was brought to my attention, but I have not confirmed yet, that the Stock Markets rise on the Wednesday after a Mid-term Election without apparent regard for which Party wins. So if you are looking for a stable trend to make money on, then confirm if this is true. Then you would buy in to a growth fund on Friday, Monday, Tuesday, and sell at CoB Wednesday.

This simple practice would be called Market Timing, which newly minted mush head Fiscal Experts say Does Not Exist, has Never Existed, has Never Worked, despite decades of success.

I looked at the funds I use in my Tax-Deferred account. For 2014, 2010, 2006 they all gained on the day after. Prior to 2003 the data is not available online.

In 06 there was 0.6%, 0.1%. In 10 there was 0.5%, 1.0%. And 14 was 0.2%, 0.7%.
No losses. So I'll be making a transfer tonight.

Dow closed Monday at 25,461.
On Tuesday at 25,635. All 3 major Indices gained more than 0.6% for the day.

Dow closed today at 26,180. All 3 major indices gained over 2.1% today.

Congratulations to all who took my advice and accepted some gains today. Another example of Market Timing. Remember, Market Timing does not exist, has never existed, and does not work, no matter how much money you made today off of the practice. (Yes, that was sarcasm)

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