DOW 20,000

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Re: DOW 20,000

Postby Ceetar » Thu Jan 26, 2017 9:08 am

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John Cougar Lunchbucket wrote:I'm just happy some illegal immigrant didn;t walk in here and take my job or rape me today.


That's only because you were blasting Pink Floyd.
"Look, would it save you a lot of time if I just gave up and went mad now?"

-Ceetar, the Optimistic Mets Fan

Re: DOW 20,000

Postby Mets Willets Point » Thu Jan 26, 2017 12:56 pm

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So where is the bubble and when is it going to burst? These things are never sustainable.
Mr. Met knows; he's seen some shit.

Re: DOW 20,000

Postby d'Kong76 » Thu Jan 26, 2017 1:03 pm

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The bubble is upon us, that's why one doesn't put all eggs in....
bbbyyy

Re: DOW 20,000

Postby Lefty Specialist » Thu Jan 26, 2017 2:18 pm

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Our financial adviser has advised us to cut back on our stocks. He doesn't think this is sustainable. Of course, with this dipshit, even Government bonds may not be safe.
Only in today's America can policy be based on the notion that the rich have too little and the poor have too much.

Resistance is not futile. https://www.indivisibleguide.com/indivisible-action

Re: DOW 20,000

Postby d'Kong76 » Tue Apr 25, 2017 11:17 am

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21, do I hear 21?

Re: DOW 20,000

Postby d'Kong76 » Thu Oct 05, 2017 12:15 pm

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Market timing is is worse than bunting and we all know bifl. But, holy hell I
just got a sell sell sell thing in my head so I've sold sold sold.

This can't continue, and it's one Trump tweet from a massive reality check.

Stay tuned.

Re: DOW 20,000

Postby Ceetar » Thu Oct 05, 2017 12:54 pm

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d'Kong76 wrote:Market timing is is worse than bunting and we all know bifl. But, holy hell I
just got a sell sell sell thing in my head so I've sold sold sold.

This can't continue, and it's one Trump tweet from a massive reality check.

Stay tuned.


some of my stocks are up like 500%+ since I bought them. I'd sell, but I think they'll be even better off long term.
"Look, would it save you a lot of time if I just gave up and went mad now?"

-Ceetar, the Optimistic Mets Fan

Re: DOW 20,000

Postby d'Kong76 » Thu Oct 05, 2017 1:01 pm

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You're young, if ya got good stuff hold onto it.
I just find it kind of amusing that we've been waiting for this bubble to burst
in this thread for ten months and for some reason I got spooked this morning.

Like I said, stay tuned.

Re: DOW 20,000

Postby Ceetar » Thu Oct 05, 2017 1:14 pm

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d'Kong76 wrote:You're young, if ya got good stuff hold onto it.
I just find it kind of amusing that we've been waiting for this bubble to burst
in this thread for ten months and for some reason I got spooked this morning.

Like I said, stay tuned.


we're come up to the end of the year, projections and all that.

most of my money's in beer and video games, both things that will continue to do well. :-D I bought 40 shares of Blizzard around $10 and it's at $62 now.
"Look, would it save you a lot of time if I just gave up and went mad now?"

-Ceetar, the Optimistic Mets Fan

Re: DOW 20,000

Postby Lefty Specialist » Thu Oct 05, 2017 1:20 pm

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Bubbles always burst. But the long-term trend is up.

As I've gotten older, I've moved out of stocks a bit. Less upside, but I've already taken profits. I have less time to make up a downside if it occurs (and it will sooner or later) so I'm a little safer in my investments these days.
Only in today's America can policy be based on the notion that the rich have too little and the poor have too much.

Resistance is not futile. https://www.indivisibleguide.com/indivisible-action

Re: DOW 20,000

Postby d'Kong76 » Thu Oct 05, 2017 1:24 pm

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Investing money in beer instead of spending money on beer is a sound idea.
There was a blurb this morning on the news about Mexican beer stocks, Corona
Modelo but I wasn't really paying attention. I like Negra Modelo.

Re: DOW 20,000

Postby d'Kong76 » Thu Oct 05, 2017 1:26 pm

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David Arthur Kingman, 1B-OF-3B 1975-1977, 1981-1983

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Lefty Specialist wrote:Bubbles always burst. But the long-term trend is up

If it doesn't pop by a good 10-15% this month, it will in November.
I am not a financial analyst, but I play one on the internet.

Re: DOW 20,000

Postby Ceetar » Thu Oct 05, 2017 1:29 pm

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d'Kong76 wrote:Investing money in beer instead of spending money on beer is a sound idea.
There was a blurb this morning on the news about Mexican beer stocks, Corona
Modelo but I wasn't really paying attention. I like Negra Modelo.


Consteallation brands (owns Grupo Modelo)

they would've also been good, but they were always expensive and it was hard to know they were going to be big buyers. 45ish in 2012 to 210 now.

I have stock in the Craft Brewer's Alliance which is sorta a consortium of some Anheuser-Busch associated brewers, Kona, Red Hook, Widmer. Does pretty good but i think it actually might be time to sell that one.

Seems like a bad time to buy though.
"Look, would it save you a lot of time if I just gave up and went mad now?"

-Ceetar, the Optimistic Mets Fan

Re: DOW 20,000

Postby d'Kong76 » Wed Oct 18, 2017 2:49 pm

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23,000 shattered today thanks in a large part to IBM. (remember them?)

Re: DOW 20,000

Postby Nymr83 » Wed Oct 18, 2017 8:57 pm

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d'Kong76 wrote:23,000 shattered today thanks in a large part to IBM. (remember them?)


Yeah, I think I've heard of them, they built computers for that guy with the mustache... Adolf something?
Well, I've got nothing against the bunt, in its place. But most of the time that place is the bottom of a long-forgotten closet. -Earl Weaver

Re: DOW 20,000

Postby d'Kong76 » Wed Oct 18, 2017 10:40 pm

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You have a beef with me, speak it out.

Re: DOW 20,000

Postby Nymr83 » Wed Oct 18, 2017 11:45 pm

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d'Kong76 wrote:You have a beef with me, speak it out.


nope, that was really just a joke
Well, I've got nothing against the bunt, in its place. But most of the time that place is the bottom of a long-forgotten closet. -Earl Weaver

Re: DOW 20,000

Postby d'Kong76 » Thu Jan 04, 2018 2:51 pm

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25,000

Re: DOW 20,000

Postby Ashie62 » Thu Jan 04, 2018 5:56 pm

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Josh Lewin, Radio Broadcaster since 2012

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Nasdaq at an all time high of about 6250

Re: DOW 20,000

Postby Lefty Specialist » Fri Jan 05, 2018 10:58 am

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Ashie62 wrote:Nasdaq at an all time high of about 6250


Of course, it was at 5000 in 2000. So that's a 20% net increase in the last 18 years. Just goes to show how meaningless index numbers are.
Only in today's America can policy be based on the notion that the rich have too little and the poor have too much.

Resistance is not futile. https://www.indivisibleguide.com/indivisible-action

Re: DOW 20,000

Postby d'Kong76 » Fri Jan 05, 2018 11:01 am

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David Arthur Kingman, 1B-OF-3B 1975-1977, 1981-1983

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I'm just having some fun... I have a fund that's up like 75% in less than a
year. That's not pigeon poop.

Re: DOW 20,000

Postby Ashie62 » Fri Jan 05, 2018 9:42 pm

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I believe you may be incorrect in many ways. I was wearing a Dow 2000 Badge in 1990. Our chief analysis guy, Jack VanDervliet (sic) Predicted Dow 10,000 by 2000. We though he was insane... but it was so.

Simply put your 18 year sample size is too small.

The Nasdaq rose incrementally in the same metric.

Happy to do a point by point over the weekend if you wish, I'll take black.

Be well.

Re: DOW 20,000

Postby Ashie62 » Fri Jan 05, 2018 9:42 pm

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Josh Lewin, Radio Broadcaster since 2012

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d'Kong76 wrote:I'm just having some fun... I have a fund that's up like 75% in less than a
year. That's not pigeon poop.


ED ZACHARY!!!

Re: DOW 20,000

Postby LeiterWagnerFasterStrongr » Sat Jan 06, 2018 3:38 am

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Unallayed growth seems to always be the aim, but should it be, really? Economic expansion doesn't mean we have an actual healthy economy. It means we have healthy corporations. Bully. Worked out so far, has it?
"Classic rock NEVER takes the weekend off."

Re: DOW 20,000

Postby Lefty Specialist » Sat Jan 06, 2018 8:14 am

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There are 30 stocks in the Dow. Talk about your small sample sizes.

My point is that stocks (and funds) can perform wonderfully or terribly, but Dow 25,000 by itself is kind of meaningless. It's a scaled average and stocks in it have come and gone over the years.
Only in today's America can policy be based on the notion that the rich have too little and the poor have too much.

Resistance is not futile. https://www.indivisibleguide.com/indivisible-action

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