26,000....that's pretty high, huh?

LightRoasted

LightRoasted

If I may ...
If I may ...

What goes up, will come down. Market is way over valued. A serious reality disconnect. When many companies are trading 25-30 times earnings, or more, there lies trouble ahead. Remember until you sell, the money is not yours.
 
T

transporter

Well-Known Member
Gilligan said:
More winning for Tranny to savor...

:oldman:

http://www.foxbusiness.com/markets/2018/01/15/dow-charging-toward-26000-in-record-time.html
Click to expand...

it really is amazing that someone who claims such a high level of educational attainment is so utterly clueless about so many things.

Yes, 26,000 is high. No Trump is not the key factor.

If you knew anything, which you clearly don't, you would know that the global economy (you know the ENTIRE world) is doing well and that is having a significantly positive impact on corp profits.

if you would have passed that grad level stats class you would understand that 1000 point levels don't mean anything (other than to clueless rubes) and that the larger the numbers get the easier it is to attain the next 1000 level....but you clearly failed that course.
 
PsyOps

PsyOps

Pixelated
LightRoasted said:
If I may ...

What goes up, will come down. Market is way over valued. A serious reality disconnect. When many companies are trading 25-30 times earnings, or more, there lies trouble ahead. Remember until you sell, the money is not yours.
Click to expand...

Eventually that true. Much of what's going on hinges on what they believe the tax cuts will do. But, if the tax cuts do what they claim to do, corrections will be minor, as opposed to a major crash leading to a recession.
 
This_person

This_person

Well-Known Member
transporter said:
it really is amazing that someone who claims such a high level of educational attainment is so utterly clueless about so many things.

Yes, 26,000 is high. No Trump is not the key factor.

If you knew anything, which you clearly don't, you would know that the global economy (you know the ENTIRE world) is doing well and that is having a significantly positive impact on corp profits.

if you would have passed that grad level stats class you would understand that 1000 point levels don't mean anything (other than to clueless rubes) and that the larger the numbers get the easier it is to attain the next 1000 level....but you clearly failed that course.
Click to expand...

Just to be clear, you’re now saying Obama had zero to do with this, too, completely counter to all the times you said Trump is taking credit for Obama’s economy?
 
Last edited:
Gilligan

Gilligan

#*! boat!
PREMO Member
transporter said:
it really is amazing that someone who claims such a high level of educational attainment is so utterly clueless about so many things.

Yes, 26,000 is high. No Trump is not the key factor.

If you knew anything, which you clearly don't, you would know that the global economy (you know the ENTIRE world) is doing well and that is having a significantly positive impact on corp profits.

if you would have passed that grad level stats class you would understand that 1000 point levels don't mean anything (other than to clueless rubes) and that the larger the numbers get the easier it is to attain the next 1000 level....but you clearly failed that course.
Click to expand...

He carefully sets up the shot..he shoots..he scores!! The audience goes wild. :howdy: :diva:
 
GWguy

GWguy

*
LightRoasted said:
If I may ...

What goes up, will come down. Market is way over valued. A serious reality disconnect. When many companies are trading 25-30 times earnings, or more, there lies trouble ahead. Remember until you sell, the money is not yours.
Click to expand...

My broker and I have discussed that at length, and made arrangements for a 20% drop in the market. It will not bother me in the least, as the 'correction' was really expected months ago and never happened, so anything between then and now is pure gravy. I'm taking a disbursement monthly and took a lump sum for a big purchase and I have more in the account now than ever. A 20% drop will take me back to a point just after I pulled money out. Still acceptable.
 
Gilligan

Gilligan

#*! boat!
PREMO Member
GWguy said:
My broker and I have discussed that at length, and made arrangements for a 20% drop in the market. It will not bother me in the least, as the 'correction' was really expected months ago and never happened, so anything between then and now is pure gravy. I'm taking a disbursement monthly and took a lump sum for a big purchase and I have more in the account now than ever. A 20% drop will take me back to a point just after I pulled money out. Still acceptable.
Click to expand...

Did I mention recently how much I like you and respect you? :battingeyes:

Say..I got a chance to buy in to real corker of a deal but I'm a bit short on the scratch to do it. Help a buddy out?

;-p
 
GWguy

GWguy

*
Gilligan said:
Did I mention recently how much I like you and respect you? :battingeyes:

Say..I got a chance to buy in to real corker of a deal but I'm a bit short on the scratch to do it. Help a buddy out?

;-p
Click to expand...

If you were blonde, blue-eyed and 5'8" and a real head-turner, might have a shot. Or a weld job for a custom hitch.

What's the expected ROI for your venture?
 
S

Starman

New Member
LightRoasted said:
If I may ...

What goes up, will come down. Market is way over valued. A serious reality disconnect. When many companies are trading 25-30 times earnings, or more, there lies trouble ahead. Remember until you sell, the money is not yours.
Click to expand...

Depending on the sector, 25-30x earnings is not uncommon at all in a bull market. In many cases, the fundamentals support those trading levels

There will be market corrections but the bulls will be running through 2018 at least, continuing to be fuelled by corporate buy backs.
 
H

hitchicken

Active Member
This, from many of the most renowned and wise investment journals and experts…


http://money.cnn.com/2016/10/24/investing/stocks-donald-trump-hillary-clinton/index.html

https://www.cnbc.com/2016/11/02/thi...to-the-stock-market-if-donald-trump-wins.html

https://www.nytimes.com/2016/11/01/...pens-to-the-markets-if-donald-trump-wins.html

https://www.politico.com/story/2016/10/donald-trump-wall-street-effect-markets-230164

https://www.marketwatch.com/story/the-stock-market-could-crash-if-donald-trump-is-elected-2016-10-31

http://fortune.com/2016/11/05/stock-market-prediction-donald-trump/

… and there are plenty more where they came from.
 
GWguy

GWguy

*
hitchicken said:
This, from many of the most renowned and wise investment journals and experts…


http://money.cnn.com/2016/10/24/investing/stocks-donald-trump-hillary-clinton/index.html

https://www.cnbc.com/2016/11/02/thi...to-the-stock-market-if-donald-trump-wins.html

https://www.nytimes.com/2016/11/01/...pens-to-the-markets-if-donald-trump-wins.html

https://www.politico.com/story/2016/10/donald-trump-wall-street-effect-markets-230164

https://www.marketwatch.com/story/the-stock-market-could-crash-if-donald-trump-is-elected-2016-10-31

http://fortune.com/2016/11/05/stock-market-prediction-donald-trump/

… and there are plenty more where they came from.
Click to expand...

Well, they got it kinda wrong, huh?
 
b23hqb

b23hqb

Well-Known Member
PREMO Member
GWguy said:
My broker and I have discussed that at length, and made arrangements for a 20% drop in the market. It will not bother me in the least, as the 'correction' was really expected months ago and never happened, so anything between then and now is pure gravy. I'm taking a disbursement monthly and took a lump sum for a big purchase and I have more in the account now than ever. A 20% drop will take me back to a point just after I pulled money out. Still acceptable.
Click to expand...

If the market takes a correction of a 20% drop, that still leaves it at at least 20800, which is still a thousand points higher than obams's last day of 19,732.40. Then it will only continue to rise again. I'm not going anywhere, even at my retired age. Let it ride.:yahoo:
 
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