Down goes the Dow

K5 wrote:

I got back in the market with the Dow at 9k and got out at $15k. I know better than to get greedy. You are going to get played.

Wow. You got out when it was 15 thousand dollars?

Putting dollars there doesn't make cents.

* wrote:

K5 wrote:

I got back in the market with the Dow at 9k and got out at $15k. I know better than to get greedy. You are going to get played.

Wow. You got out when it was 15 thousand dollars?

Putting dollars there doesn't make cents.

How clever you are! Well, not really. That was pretty much the level of creativity we can expect from you groupthinkers

K5 wrote:

* wrote:

Wow. You got out when it was 15 thousand dollars?

Putting dollars there doesn't make cents.

How clever you are! Well, not really. That was pretty much the level of creativity we can expect from you groupthinkers

Us wealthy group thinkers you mean.

(Ok, maybe not wealthy, but better off than someone who bailed in June.)

K5 wrote:

You guys have to be the dumbest people on the planet. You think yourselves smart to put your lifetime earnings at risk in the market. You will see. You are all going to get your a$$es handed to you just like you did in 2000,2001, 2001 and 2008-09.

I got back in the market with the Dow at 9k and got out at $15k. I know better than to get greedy. You are going to get played.

Ha! I can only wish to have my ass handed to me like it was in the years you mentioned. First of all, 2009 was AWESOME! I went up 34.7% that year. 2008 was bad though. Also, just as ALWAYS, I bounced back big time and then some from every down turn.

Dude, you got out in June 2013. June 2014 is fast-approaching, and when that hits, you will not have invested for a whole year. There's where your risk lies, brother.

Again though, I called you the ultimate troll before, and you remain that...NO ONE can be as stupid as you are pretending to be...NO ONE.

Am I falling for your act? Well, I'll say no. I DO like this topic, and I respond so that others might not believe you are real.

Crusty wrote:

(Ok, maybe not wealthy, but better off than someone who bailed in June.)

Doubtful.

Your argument is akin to saying that people who did not bet on the Seahawks in the Superbowl lost a lot of money. There is some truth to it, but it's primarily nonsense

The market is gambling, pure and simple.

I earn my money thru my own labor and will sometimes take chances in the market. What I will not do is stay in until the next bubble pops. Fools who have followed buy and buy and hold and hold have been hammered the past 15 years.

I was fortunate to get in at 9 and out at 15 and will stay out until the next meltdown seems to be over.

R2D3 wrote:

[quote]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.

It looks like the point of resistance is 16027.19

Really Flag.

You honestly are afraid to tackle a grade school math question?

Wow

K5 wrote:

The market is gambling, pure and simple.

This is idiotic.

Here's why the stock market is not gambling:

1) The odds are in your favor! Talk about pure and simple. 73% of calendar years are up, and over time it is ALWAYS up. When you gamble (lottery tickets, casino, horse racing, sports betting, etc.) the odds are NOT in your favor.

2) Results are not random. With GAMBLING, the results are either random (roulette wheel) or they are stacked against you (horse racing). This is not true with investing in the stock market...as long as you diversify, especially in diversified mutual funds.

3) There is no end game with the stock market. In gambling, if you lose, that's it. With the stock market, if you have a bad year, no one makes you cash out and accept a loss. You still own the stock, and you can hold on to it, or sell it for less that you bought it for it you want, but you do not lose everything.

Even though I know you are a troll, and it's good to dispel some of the stupid things you say AS A TROLL, even I don't have the patience to correct idiotic statements indefinitely.

global stocks now down just 2.0% from their peak

when I say this is the machines trading - this is what it looks like.

For a week all the program trades said sell at the same time and drive the market down and this week all the program trades say buy at the same time, driving the market up.

And now that so many people use ETFs and can get in and out very quickly...they get in and out very quickly.

this kind of thing will just get weak hands like k5 to fold so the strong hands will make more money, buying k5's shares low.

When you invest in the market, there is a chance that everyone can win.

When you gamble, everyone cannot possibly win.

Now those that try to make moves in the market based on hunches are gambling.

For example, someone that sells because they think the market will drop is taking a gamble that the market will go up and they will miss out on the earnings.

game blur wrote:

When you invest in the market, there is a chance that everyone can win.

When you gamble, everyone cannot possibly win.

Now those that try to make moves in the market based on hunches are gambling.

For example, someone that sells because they think the market will drop is taking a gamble that the market will go up and they will miss out on the earnings.

CORRECT!

Funny that the ONLY way you can gamble in the stock market is EXACTLY the way that the one who calls it gambling does it.

You CAN gamble with anything if you want, but constant buy-in in the stock market in diversified mutual funds is NOT gambling.

K5 wrote:

Rockette wrote:

History.

The history in any game of chance played in Vegas is more precise and more applicable to the future results than the equities market

History

Dow Jones Index Annual gain/loss

Year Percent Gain or Loss

1975 38.32%

1976 17.86%

1977 -17.27%

1978 -3.15%

1979 4.19%

1980 14.93%

1981 -9.23%

1982 19.61%

1983 20.27%

1984 -3.74%

1985 27.66%

1986 22.58%

1987 2.26%

1988 11.85%

1989 26.96%

1990 -4.34%

1991 20.32%

1992 4.17%

1993 13.72%

1994 2.14%

1995 33.45%

1996 26.01%

1997 22.64%

1998 16.10%

1999 25.22%

2000 -6.18%

2001 -7.10%

2002 -16.76%

2003 25.32%

2004 3.15%

2005 -0.61%

2006 16.29%

2007 6.43%

2008 -33.84%

2009 18.82%

2010 11.02%

2011 5.53%

2012 7.26%

2013 26.50%

Average gain = 10%

[quote]game blur wrote:

When you invest in the market, there is a chance that everyone can win.

You don't understand a thing about the market, do you?

[quote]game blur wrote:

When you invest in the market, there is a chance that everyone can win.

You don't understand a thing about the market, do you?

I notice you rather conspicuously left out the years 1929 - 1940.\

As well as all other market indices -- including foreign ones.

You guys are so foolish to buy into the market will always go up in the long run BS the investment industry is selling you.

This is not physics or math. This is salesmanship and psychology -- with a heavy dose of inside playing and you ain't part of that.

What exactly do you do for a living K5?

[quote]dumb wrote:

[quote]game blur wrote:

If your money is sitting in a bank rotting away to inflation

Historically, savings accounts and CDs have returned 1.5% to 2% more than inflation.

But the Fed has lowered the interest rates so much that they now return 1.5% to 2.00% less.

Hence, many people feel forced into the equities market. Which drives the market up. Until the next bubble pops, that is, and all you suckers get cleaned out by the inside players.

Just don't tell me I did not warn you. A bubble will burst and you will get hammered. It is a matter of when, not if. I am happy with my ride up from a dow of 9k to 15k in a 4 or so year period. Just as I was happy to be out when the Dow went from 12k plus to 6,800 or so. I am not greedy or foolish. I am patient. I will not be back in the market until after the next crash...be it next month next year, or two years from now (no way it will be any longer than that).

But go ahead. Repeat the sales propaganda of the investment hucksters as if it is wisdom and as if you thought of it yourselves.

Rockette wrote:

What exactly do you do for a living K5?

Mathematics

K5 wrote:

You guys are so foolish to buy into the market will always go up in the long run BS the investment industry is selling you.

This is not physics or math. This is salesmanship and psychology -- with a heavy dose of inside playing and you ain't part of that.

Actually it seems as if you are the one following the advice of the investment industry sales people. They make money off sales, so they love people like you who buy and sell on a whim. They don't make much off the buy-and-hold gang.