And the Dow continues it's bounce.
And the Dow continues it's bounce.
Yep, dumb emotional overselling in conditions that have little reflection on the underlying value of US equities. Buying opportunity past its prime but congratulations if you got in on Monday or Tuesday.
K5 wrote:
I suspect you will all be sh*tting your pants this week-end.
Just checked...clean as a whistle. And I'm optimistic they will remain that way through the weekend.
I think this is just a ruse and K5 is really long KMB.
One "word": VTSMX
la gente está muy loca wrote:
I think this is just a ruse and K5 is really long KMB.
well he certainly may need some diapers after that rally
Gente - what is your work? I'm thinking economics professor, macro economist or chief investment officer, something like that.
agip wrote:
la gente está muy loca wrote:I think this is just a ruse and K5 is really long KMB.
well he certainly may need some diapers after that rally
Gente - what is your work? I'm thinking economics professor, macro economist or chief investment officer, something like that.
And, while you're answering that - why is it necessary to say "very crazy"? Isn't crazy, by definition, enough?
Can we get some updates on our outlook this week? This thread gets so quiet when the market is up for two or three days.
Markets will tank. Gloom and doom on the way.
Jews are great
Let's wait and see what Yellen has to say in her 9:30AM EST press conference. She'll probably say nothing of significance, but you never know how the market is going to react.
Things to watch:
The Dow broke below its 200 day MA last week. That's a negative.
The Dow touched the bottom line of its Bollinger Band and rallied. Will it get past the mid-point to signal a rally to the top of the band? That would be 15,950-ish.
Meanwhile, the long term trend started back in 2011 is still in place.
In short, no clear signals right now. That's based on my admittedly amateur assessment.
Some market.
Reacts to what the latest Zion*st in charge of the Fed has to say.
No chance for insider info there.
scary chart of the day:
stocks continue to claim back losses - now down around 3.2% from their peak. At worst they were down around 7%.
agip wrote:
scary chart of the day:
http://www.dailyfinance.com/portfolios/widgets/#/view/news?aid=5597365&prefixedTicker=NASDAQ:HILL&sid=BBG000C3P6Y1
You can probably find a hundred bullish forecasts. I found a few analysis that see resistance at 16,000 - 16,500 and support at 14,500 to 15,000 for what it's worth.
The root causes of the crash of 1929 crash and the Nasdaq bubble bursting are not there.
Dow up 500 points since last Monday.
dumb wrote:
Can we get some updates on our outlook this week? This thread gets so quiet when the market is up for two or three days.
That's because when the market is up, K5 doesn't come here to crow about the end of the world.
Greta wrote:
That's because when the market is up, K5 doesn't come here to crow about the end of the world.
Here's a little lesson in the world of investing that those who don't subscribe to my view should really consider:
Anyone who is timing the market and has been since June, is currently looking at the market and wanting it to go down...hoping and praying that it will go down. People who just invest for the future based on their age and nearness to retirement, just invest and don't worry.
Which would you rather be today? Trust me, it is MUCH more fun to be in a position to just invest a certain percentage of your income and just ride the waves without being concerned about when to get out and when to get in.
When investing, why would you ever be wishing for the market to go down? If you really believe it is a good place to be ultimately, then just do that...be in, put money in regularly, and wish for it to go UP over time. If it goes down, then just view that as a buying opportunity, and be secure in the knowledge that it WILL go back up again.
Timing the market does not work. It also causes unnecessary stress.
Flagpole wrote:
Greta wrote:That's because when the market is up, K5 doesn't come here to crow about the end of the world.
Here's a little lesson in the world of investing that those who don't subscribe to my view should really consider:
Anyone who is timing the market and has been since June, is currently looking at the market and wanting it to go down...hoping and praying that it will go down. People who just invest for the future based on their age and nearness to retirement, just invest and don't worry.
Which would you rather be today? Trust me, it is MUCH more fun to be in a position to just invest a certain percentage of your income and just ride the waves without being concerned about when to get out and when to get in.
When investing, why would you ever be wishing for the market to go down? If you really believe it is a good place to be ultimately, then just do that...be in, put money in regularly, and wish for it to go UP over time. If it goes down, then just view that as a buying opportunity, and be secure in the knowledge that it WILL go back up again.
Timing the market does not work. It also causes unnecessary stress.
This ^ is very true.
Back to 16,000 by the end of the day?
Whatdyathink? wrote:
Back to 16,000 by the end of the day?
Not obvious
Whatdyathink? wrote:
Back to 16,000 by the end of the day?
done
Real-time: 1:34PM EST
INDEXDJX real-time data - Disclaimer
Range 15,803.40 - 16,000.81
ol' K5 has to be stewing in his juices even more than usual. Oh man what shadows are flying around in his tortured mind.