Down goes the Dow

Ghost of Igloi wrote:

You are fooled by a phony market

Thanks for pointing that out to me. Here I've been thinking the market has been on the rise. I thought my investments from 1, 2 and 3 years ago had increased in value. I must be mis-reading my statement.

My Bad!

Before you fixate on the twin risks of recession and a bear market, ponder a third risk: exiting a bull market too early. The payoff in the final year of a bull market is historically generous, with returns, including dividends, averaging 25 percent in the final 12 months and 16 percent in the final six months.

http://www.chicagotribune.com/business/sns-201709141304--tms--kplngmpctnkm-a20171002-20171002-story.html

Anne KS wrote:

Before you fixate on the twin risks of recession and a bear market, ponder a third risk: exiting a bull market too early. The payoff in the final year of a bull market is historically generous, with returns, including dividends, averaging 25 percent in the final 12 months and 16 percent in the final six months.

http://www.chicagotribune.com/business/sns-201709141304--tms--kplngmpctnkm-a20171002-20171002-story.html

Good to know that this Bull still has legs.

Good to know the legs of this Bull Market are as wobbly as a drunk cabin boy on the Titanic.

Ghost of Igloi wrote:

http://www.multpl.com/shiller-pe/

Good to know the legs of this Bull Market are as wobbly as a drunk cabin boy on the Titanic.

Too bad that you can’t come up with any legitimate evidence for your opinion.

Pasternak wrote:

Anne KS wrote:

Before you fixate on the twin risks of recession and a bear market, ponder a third risk: exiting a bull market too early. The payoff in the final year of a bull market is historically generous, with returns, including dividends, averaging 25 percent in the final 12 months and 16 percent in the final six months.

http://www.chicagotribune.com/business/sns-201709141304--tms--kplngmpctnkm-a20171002-20171002-story.html

Good to know that this Bull still has legs.

Ditto to your comment.

Ghost of Igloi wrote:

Pasternak wrote:

Good to know that this Bull still has legs.

Ditto to your comment.

Thanks for agreeing with me.

Pasternak wrote:

Ghost of Igloi wrote:

Ditto to your comment.

Thanks for agreeing with me.

No , you quoted an illegitimate source. Bear Markets aren’t triggered by a recession. Just look to the last two 50% drops.

Ghost of Igloi wrote:

Pasternak wrote:

Thanks for agreeing with me.

No , you quoted an illegitimate source. Bear Markets aren’t triggered by a recession. Just look to the last two 50% drops.

Can you read? Nowhere in that article did it say bear markets are triggered by recessions.

Thanks again for agreeing the Bull still has legs, though.

Pasternak wrote:

Ghost of Igloi wrote:

No , you quoted an illegitimate source. Bear Markets aren’t triggered by a recession. Just look to the last two 50% drops.

Can you read? Nowhere in that article did it say bear markets are triggered by recessions.

Thanks again for agreeing the Bull still has legs, though.

Igy often resorts to lies and distortions since he cannot honestly defend his narrative. It’s fairly typical of Wall Street insiders.

wondering wrote:

Siobahn wrote:

Same post yet again?

I think the following definition of autism fits you well.

Level 3: “Requiring Very Substantial Support”

Severe deficits in verbal and nonverbal social communication skills cause severe impairments in functioning, very limited initiation of social interactions, and minimal response to social overtures from others.

Inflexibility of behavior, extreme difficulty coping with change, or other restricted/repetitive behaviors markedly interfere with functioning in all spheres. Great distress/difficulty changing focus or action.

Are you suggesting someone with autism should not be allowed to post here?

Is that really what you got from that?

All eight indexes on our world watch list have posted gains for 2017 through October 30.

https://www.advisorperspectives.com/dshort/updates/2017/10/30/world-markets-update

?

Ghost of Igloi wrote:

http://www.multpl.com/shiller-pe/

Good to know the legs of this Bull Market are as wobbly as a drunk cabin boy on the Titanic.

Wobbly, but hasn't fallen down for the 3 years that you said he would.

Siobahn wrote:

wondering wrote:

Are you suggesting someone with autism should not be allowed to post here?

Is that really what you got from that?

From that and from your prior post.

Mellon,

Since you profess to be both an Igy and market expert, let me ask you a couple of questions.

1. I first posted here on March 2, 2015, how much of a decline in today’s S&P 500 index closing price is required to reach the closing price that earlier date?

2. Would you consider the magnitude of that decline in the next three months to be:

A. Highly likely

B. Somewhat likely

C. Somewhat unlikely

D. Highly unlikely

Anxiously awaiting your reply. Here is an article I thought might be helpful in answering question two.

http://www.zerohedge.com/news/2017-10-31/you-get-nothing-worlds-largest-insurer-warns-us-stocks-offer-no-returns-next-decade

Ig

Gruntz wrote:

Pasternak wrote:

Can you read? Nowhere in that article did it say bear markets are triggered by recessions.

Thanks again for agreeing the Bull still has legs, though.

Igy often resorts to lies and distortions since he cannot honestly defend his narrative. It’s fairly typical of Wall Street insiders.

Wall Street insiders. What? You are delusional or just an ignoramus. Both are not good.

Ghost of Igloi wrote:

Mellon,

Since you profess to be both an Igy and market expert, let me ask you a couple of questions.

Ig

I don’t recall him saying either of those things.

Hellooooooo? wrote:

Ghost of Igloi wrote:

Mellon,

Since you profess to be both an Igy and market expert, let me ask you a couple of questions.

Ig

I don’t recall him saying either of those things.

OK, answer the questions.

Ghost of Igloi wrote:

Gruntz wrote:

Igy often resorts to lies and distortions since he cannot honestly defend his narrative. It’s fairly typical of Wall Street insiders.

Wall Street insiders. What? You are delusional or just an ignoramus. Both are not good.

You work for Morgan Stanley, a Wall Street firm.