X-Runner wrote:
13,000 by end of January?
We're over 12,700
Yeah, maybe. As I've said for a while now, the Dow should have been ave 13,000 for a couple months now...the environment warrants it.
As the employment numbers continue to get better and better, Obama is not only a sure thing (I've said that for 2 years now) to win again in November, but he might just win in a landslide.
Mitt will win the GOP nomination, and at least lucky for him that Palin didn't decide to back him.
I'm curious - how did you come up with 13,000 as the level on the Dow that's warranted? Why not 12,500? Or 13,500? Or 14,000? Curious what your model is for determining fair value of the market.
Flagpole wrote:Yeah, maybe. As I've said for a while now, the Dow should have been ave 13,000 for a couple months now...the environment warrants it.
Kurious George wrote:
I'm curious - how did you come up with 13,000 as the level on the Dow that's warranted? Why not 12,500? Or 13,500? Or 14,000? Curious what your model is for determining fair value of the market.
Are you serious? Asking anything from someone who claims that they have done what Peter Lynch and Warren Buffet have not been able to do - beat the Dow 23 years in a row?
Are you serious?
Flagpole wrote:
As the employment numbers continue to get better and better, Obama is not only a sure thing (I've said that for 2 years now) to win again in November, but he might just win in a landslide.
Mitt will win the GOP nomination, and at least lucky for him that Palin didn't decide to back him.
It's over Flagpole. 0bamao loses, and although you will not realize it, you win despite being wrong...
http://www.wnd.com/2012/01/gops-biggest-celebrity-makes-his-endorsement/Flagpole wrote:
[quote]X-Runner wrote:
13,000 by end of January?
We're over 12,700
Yeah, maybe. As I've said for a while now, the Dow should have been ave 13,000 for a couple months now...the environment warrants it.
I see. Flagpole predicts 13,000 by the end of 2011. He is wrong. Therefore, in January if 2012 we read "the Dow should have been above 13,000 for a couple of months now...the environment warrants it".
Can we all just please shut this guy off at this time?
I enjoy reading what he has to say. If you don't, then why do you come to this thread?
I hope that with your Chuck Norris link that you are just joking, because while I said at the beginning of this thread that I could be wrong and that picking 13,000 for the Dow was just for fun, there is NO way I will be wrong about Obama. Just as I was adamant about Ritz getting under 13 in the 5,000, I am equally as adamant about Obama winning. Short of a major scandal or health scare or some crazy thing like that, Obama wins easily.The unemployment rate is just going to get better and better through 2012, he's a better debater than any of the GOP candidates, and he will destroy Romney in a debate. I still don't know what the hell Gingrich is thinking...the US isn't going to vote for a guy on his 3rd wife, the two previous ones of which he cheated on, and he cheated on one of his wives when he was ripping on Clinton for doing the same. No matter, Romney will win the GOP nomination.Osama bin Laden dead, Ghadaffi (you choose your own spelling) dead without our putting boots on the ground, recession over, unemployment rate going down, stock market up, troops coming home...it's a recipe for another victory for Obama.
Kevin52 wrote:
Flagpole wrote:As the employment numbers continue to get better and better, Obama is not only a sure thing (I've said that for 2 years now) to win again in November, but he might just win in a landslide.
Mitt will win the GOP nomination, and at least lucky for him that Palin didn't decide to back him.
It's over Flagpole. 0bamao loses, and although you will not realize it, you win despite being wrong...
http://www.wnd.com/2012/01/gops-biggest-celebrity-makes-his-endorsement/
I include dividends in there and the ability to put money in when the market is low (not counting the addition, but the gain then from it). Apparently too many of you have a bug up your @ss about this, so I'm going to have to not describe my gains in that way I guess.
R U Cereal? wrote:
Kurious George wrote:I'm curious - how did you come up with 13,000 as the level on the Dow that's warranted? Why not 12,500? Or 13,500? Or 14,000? Curious what your model is for determining fair value of the market.
Are you serious? Asking anything from someone who claims that they have done what Peter Lynch and Warren Buffet have not been able to do - beat the Dow 23 years in a row?
Are you serious?
When I made the call in August, the Dow had been up to 12,600+ in July, and from what I could see then was that the bit of a drop it had was due to unwarranted fear...companies were continuing to do well, predictions about the unemployment rate were still not great but not horrible. the news from Europe to me didn't warrant the drop that eventually took the Dow to under 11,000 in September. The Dow didn't quite make it to 13,000 by end of December, so my prediction was wrong. Now, just 3 weeks later, the Dow is less than 280 points from 13,000, so I may miss it by a month or so. As I'm a long term investor and didn't change my strategy, it matters not to me when it gets to 13,000, because it will...and then on up from there on average over time.
Kurious George wrote:
I'm curious - how did you come up with 13,000 as the level on the Dow that's warranted? Why not 12,500? Or 13,500? Or 14,000? Curious what your model is for determining fair value of the market.
Flagpole wrote:Yeah, maybe. As I've said for a while now, the Dow should have been ave 13,000 for a couple months now...the environment warrants it.
Well, it's not 2011 anymore, but it's looking good for 13K. Better late than never.
Blind Lemon Chicken wrote:
Well, it's not 2011 anymore, but it's looking good for 13K. Better late than never.
Well, NEVER was not an option for this market. I maintain that the pundits should have seen this better economy coming back in the fall and that the Dow should have hit 13,000 before the end of December, but if it has to lag behind a bit, that's fine with me.
12,950
Will have to wait a bit longer.
We were close. Back down a bit, but close.
12,997.63
yahoo finance says the day's highest value of the Dow was > 13,000.
So there it is - almost 2 months late, but that's worth a turducken dinner in my menu of life.
The scary part is that Flagpole is bullish, Peeps is bullish, Sagarin is well not momentarily bearish, I am bullish...Blowing rock master - I have no idea.
This is probably a bad setup.
Ah. Didn't see that we peaked over 13,00 earlier today. Well, that's nice.
So Flagpole wasn't off by too much. Where do we go from here, FP?
I don't like to use the word "bullish" because that to me indicates strong short-term growth, and other than for fun, I don't like to predict (certainly not with money) for the short term.I DO believe that 2012 at least up to election time, looks good. If that's bullish then so be it. Bullish to me means really strong growth, and I just see moderate growth to maybe even slow growth, but definitely growth.
agip wrote:
yahoo finance says the day's highest value of the Dow was > 13,000.
So there it is - almost 2 months late, but that's worth a turducken dinner in my menu of life.
The scary part is that Flagpole is bullish, Peeps is bullish, Sagarin is well not momentarily bearish, I am bullish...Blowing rock master - I have no idea.
This is probably a bad setup.
RUN DOW RUN AHHHHHHHHHHHH
4 more years
4 more years
4 more years
4 more years
slowdown90s wrote:
RUN DOW RUN AHHHHHHHHHHHH
4 more years
4 more years
4 more years
4 more years
The DOW is not what people look at when they go to vote. They look at their current situation and their friends' and neighbors'. If unemployment does not improve dramatically, that will be
only 4 years
only 4 years
only 4 years
only 4 years
The Dow along with the S/P most certainly is APART of what people look at. You are foolish if you honestly think people ignore the markets ALONG with the current overall picture.
Sorry kiddo Obama for the win in 12
Economy turns around within the next four years just becasue of the natural cycle-but he will get credit for it. This alogn with Osama, saving the auto industry and the many other things = goes down as top 5 president of all time.