Down goes the Dow

another round of all time highs this morning

makes me happy to type that, so I did

Posted without comment

Doubting Man wrote:

Sally Vixxxens wrote:

Oh, he's still around. He monitors the thread to see what people are saying about him. But he takes a beating for his idiotic investment strategy every time he opens his mouth, so he's a little shy about posting.

Shy about posting? No.

1) He posts under multiple handles.

2) He is not shy about anything, including some notablly unpopular political views.

3) When drawn into arguments about investing or grammar he usually wins.

He is posting all the time. Most of you folks just fail to recognize the lion by his paw.

I thought you could tell that I was talking about his reluctance to post on this thread. He's certainly still active under several names - Mooner, Tao Steve, et. al. - but the bashing he takes on this thread for his idiotic investment strategy has left him cowering with his tail between his legs. He's lurking, but licking some serious wounds.

Sally Vixxxens wrote:

I thought you could tell that I was talking about his reluctance to post on this thread. He's certainly still active under several names - Mooner, Tao Steve, et. al. - but the bashing he takes on this thread for his idiotic investment strategy has left him cowering with his tail between his legs. He's lurking, but licking some serious wounds.

You are mistaken.

Doubting Man wrote:

Sally Vixxxens wrote:

I thought you could tell that I was talking about his reluctance to post on this thread. He's certainly still active under several names - Mooner, Tao Steve, et. al. - but the bashing he takes on this thread for his idiotic investment strategy has left him cowering with his tail between his legs. He's lurking, but licking some serious wounds.

You are mistaken.

The evidence suggests otherwise.

Sally Vixxxens wrote:

Doubting Man wrote:

You are mistaken.

The evidence suggests otherwise.

You are blind to the evidence right before your eyes.

Yes, Doubting Man is right. I have been posting here nonstop using many familiar names like Maserati, fisky, Bigfoot Investments, and even agip. In fact, I think I am the only one who has posted on this thread since I started it. Me and Flagpole, that is. Suck it, buy-and-holders!

* wrote:

Recognizer of Bold Calls wrote:

That's a very bold call. Well, almost. If you put a deadline on 'soon' then you will have made a truly bold call.

By Tuesday.

It went up to 16,943

Need a big surge. Now!

Got to 16970 yesterday. So close.

I failed in my prediction.

But I got spared having to sweat the second part, it never going below 17,000 again.

Now, it will never go over.

In fact, we must be heading to 13,000 as Klondike called it.

* wrote:

I failed in my prediction.

But I got spared having to sweat the second part, it never going below 17,000 again.

Now, it will never go over.

In fact, we must be heading to 13,000 as Klondike called it.

You da MAN!

Dow treading water. Summer must have started early.

* wrote:

I failed in my prediction.

But I got spared having to sweat the second part, it never going below 17,000 again.

Now, it will never go over.

In fact, we must be heading to 13,000 as Klondike called it.

lol

DJIA 16,783, up 289 from 16,494 at the end of 2013, or 1.75% YTD

So far this is perfectly in keeping with my Q2/Q3 prediction made upthread. I think I said I could see 3-4% in Q2/Q3 combined, or something like that. I still think so.

Kids are out of school, NBA/NHL playoffs are over, crops are planted, heat is around, and the doldrums have set in.

Also, I'm not K5.

Maserati wrote:

* wrote:

I failed in my prediction.

But I got spared having to sweat the second part, it never going below 17,000 again.

Now, it will never go over.

In fact, we must be heading to 13,000 as Klondike called it.

lol

DJIA 16,783, up 289 from 16,494 at the end of 2013, or 1.75% YTD

So far this is perfectly in keeping with my Q2/Q3 prediction made upthread. I think I said I could see 3-4% in Q2/Q3 combined, or something like that. I still think so.

Kids are out of school, NBA/NHL playoffs are over, crops are planted, heat is around, and the doldrums have set in.

Also, I'm not K5.

global stocks ytd incl dividends: +5.36%

US stocks ytd: +5.37

the dow is not representing the stock market as a whole this year - it up just 2.27%.

A standard 60/40 stock/bond portfolio is up 4.5% YTD.

So 2014 has been a pretty good year to be invested - you really shouldn't characterize it as a slow year, Maser.

I do understand you have other investments - I am just speaking to your implication that we are in the doldrums - we're not. This is a pretty good year.

Are you also not K5?

BTW - I am not K5.

My modest little stock/etf portfolio is up 6.7% YTD including dividends. Not too shabby. I did take some small profits today and have a little more than 10% in cash waiting for a buying opportunity.

No, I was referring to the summer slump that always seems to set in.

Yes I know about the 4.5% on a 60/40 portfolio, but I thought this thread used the DJIA as its metric.

In other news, I just missed out on a great property opportunity, because I'm pretty sure I got scooped by a crooked realtor. Big house was relatively under-priced, and with easy work it could be doubled in value--literally--in 6 months. First offer went in 2 seconds after it was on the market, even before it was advertised on any listing, anywhere--obviously the realtor had someone in their back pocket, or is buying it herself in a conflict of interest. In MN we have this bizarre dual-agency concept, which means that she's likely in the clear, but still crooked, and if the seller wanted to push it, she could--but she doesn't.

There was an inspection contingency on it because the sophisticated buyer was trying to bury the seller and get major concessions, but they lifted the contingency entirely when the seller refused to negotiate for said concessions. I still have an offer in, because there is still a financing contingency--but it looks like the inside game has won again.

Oh well, one that got away, I'm not killing myself over it, but it would have been nice. I'm doing well enough as it is, but that would have been really great. The markets won't touch me this year, and I would still consider getting back in in the event of either a crash, or solid performance until XMAS 2014, not really any sooner--not in any major way, at least.

Anybody making money on investing in metals in any way?

Maserati, I am bullish and playing metals right now. Mainly some junior miners and levered ETF products, but also gold. I believe the bottom for gold is in. Everyone is projecting to the downside. Hoping for another shakedown; will probably add silver, platinum, palladium. The market may run a bit further but I am out and looking to play a correction.

Maserati wrote:

I thought this thread used the DJIA as its metric.

In other news, I just missed out on a great property opportunity, because I'm pretty sure I got scooped by a crooked realtor....

Anybody making money on investing in metals in any way?

If you thought the thread was about the Dow, why all your talk about RE and metals?