I got a good laugh out of that. Thanks.
I got a good laugh out of that. Thanks.
Money bags wrote:
I got a good laugh out of that. Thanks.
I see the Dow is now on the verge of falling below 15,000.
I wonder if Agip with his buy and hold mandate is having a good laugh as well.
it's not a mandate - I said a couple times that I sell some shares when indices cross below their 200 day moving averages.
but to your larger question - do I sweat when world indices fall 2.6% from their all time highs like right now? No I don't - should I?
Dow heading south again today.
Klondike5 wrote:
I see the Dow is now on the verge of falling below 15,000.
I wonder if Agip with his buy and hold mandate is having a good laugh as well.
That's no biggie. It's still way higher than it was just a few months ago. Those who've held have done well. Sure they're laughing....all the way to the bank!
Klondike5 wrote:
I see the Dow is now on the verge of falling below 15,000.
I see the Dow is currently higher than when you started this thread.
Runnus Minnimus wrote:
Klondike5 wrote:I see the Dow is now on the verge of falling below 15,000.
I wonder if Agip with his buy and hold mandate is having a good laugh as well.
That's no biggie. It's still way higher than it was just a few months ago. Those who've held have done well. Sure they're laughing....all the way to the bank!
Depends on where you decide to start from.
The Dow close at 11,497 at the end of 1999.
Here we are nearly 14 years later and it is at 15,000 -- and apparently headed down. That is an annual increase of less than 2% per year. Not exactly laughing all the way to the Bank.
agip wrote:
but to your larger question - do I sweat when world indices fall 2.6% from their all time highs like right now? No I don't - should I?
Yet you were ripping my having bailed out at a time when the Dow was up less than 1% from the time when I sold it.
A 2.6% loss is meaningless but foregone gains of less than 1% are monumental.
Methinks you are a huge hypocrite (I would expect no less from an Israel Firster) and/or dumb as dirt (ditto).
Runnus Minnimus wrote:
That's no biggie. It's still way higher than it was just a few months ago. Those who've held have done well. Sure they're laughing....all the way to the bank!
Klondike5 wrote:
Depends on where you decide to start from.
The Dow close at 11,497 at the end of 1999.
Here we are nearly 14 years later and it is at 15,000 -- and apparently headed down. That is an annual increase of less than 2% per year. Not exactly laughing all the way to the Bank.
1999 is hardly a few months ago, Einstein. It was around 12,500 last November and is 20% higher now. That's what I'm talking about!
Below 15,000 now.
Rut-roh shaggy wrote:
Below 15,000 now.
Not any more.
Yannix wrote:
Rut-roh shaggy wrote:Below 15,000 now.
Not any more.
It is now.
Back over 15,000....this could go on for awhile.
Run us Minnimus wrote:
Runnus Minnimus wrote:That's no biggie. It's still way higher than it was just a few months ago. Those who've held have done well. Sure they're laughing....all the way to the bank!
Klondike5 wrote:
Depends on where you decide to start from.
The Dow close at 11,497 at the end of 1999.
Here we are nearly 14 years later and it is at 15,000 -- and apparently headed down. That is an annual increase of less than 2% per year. Not exactly laughing all the way to the Bank.
1999 is hardly a few months ago, Einstein. It was around 12,500 last November and is 20% higher now. That's what I'm talking about!
As I noted, it depends where you start from.
The Dow briefly hit 15,700 in June and now is below 15,000.
What am talking about is I got out later in June when it had fallen to 15,000, fearing a reasonable possibility that it would fall far further.
We will see what happens.
Yannix wrote:
Back over 15,000....this could go on for awhile.
Maybe not.
14,972 and falling it seems.
Might be a while before it goes back over.
We will see.
Glad I am out of the market as we careen toward the debt ceiling fight. Will the GOP actually let the US govt default? It is not impossible. And I can't see the market liking the uncertainty associated with that possible eventuality that is @ 6 weeks away I believe. And I do think the GOP will retain their threat for most of those 6 weeks (if not all).
The market goes up, the market goes down, the market goes up again.
Falling like a rock now.
Klondike5 wrote:
14,972 and falling it seems.
Might be a while before it goes back over.
We will see.
Took over an hour!
Yannix wrote:
Klondike5 wrote:14,972 and falling it seems.
Might be a while before it goes back over.
We will see.
Took over an hour!
Back below 15,000. When will this roller coaster end?
Yannix wrote:
Klondike5 wrote:14,972 and falling it seems.
Might be a while before it goes back over.
We will see.
Took over an hour!
Closes under 15,000.
When it the next time it closes over 15,000?
Will it be tomorrow?
Quite possibly.
Then again, it is not out of the question that it may not close over 15,000 for a matter of years.