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10-24-2018, 01:38 PM
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#616
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Veteran
Join Date: May 2016
Posts: 1,831
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I enjoy 5 year predictions
Gives the seer lots of time to enjoy not being wrong
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10-24-2018, 01:52 PM
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#617
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Veteran
Join Date: Mar 2009
Posts: 9,893
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25k to 35k on Dow would be roughly 7% CAGR...nothing special. We'll see if 25k was a good starting point.
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10-24-2018, 05:19 PM
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#618
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@TimeformUSfigs
Join Date: Jan 2002
Location: Moore, OK
Posts: 46,849
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Brutal day today.
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10-24-2018, 08:34 PM
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#619
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Veteran
Join Date: May 2016
Posts: 1,831
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Quote:
Originally Posted by cj
Brutal day today.
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Only if you're long.
I happened to be in a rare position a few weeks a go , not really that large .
I took what amounted to easy money , not wishing to become an investor . I like to sleep at night,
In the ensuing few weeks since I sold, the position would have moved 10,000 against me.
PS This was not some day trading screamer or penny stock garbage, but an industrial.
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10-24-2018, 09:26 PM
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#620
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Registered User
Join Date: Jan 2007
Posts: 1,133
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IBM?
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10-24-2018, 11:29 PM
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#621
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Veteran
Join Date: May 2016
Posts: 1,831
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No , probably a stock you never heard of , but many have gotten clocked of the past few weeks.
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10-24-2018, 11:37 PM
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#622
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Registered User
Join Date: Jan 2007
Posts: 1,133
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SFOR?
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10-25-2018, 09:03 AM
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#623
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Veteran
Join Date: Jun 2002
Location: near Philadelphia
Posts: 4,560
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Since I personally believe this recent stock market dive and volatility are based mostly on political factors and little else, I stepped in yesterday (Wed.,) and scooped up shares of LAZ, CBS, BK and ACN -- all now selling at ridiculously low valuations to their intrinsic value.
Of course, I instantly knew I was in trouble when I put in bids 10-15 cents below the last trade, and they were all filled just seconds after I hit the send button.
If this bloodbath truly remains until Election Day, I might go back in if certain stocks hit a price point I want.
Good luck to everyone.
PS--Just saw this. The DOW futures look to be way up this a.m. The opening prices doesn't mean as much any more than in the past, IMO.
Last edited by reckless; 10-25-2018 at 09:05 AM.
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10-25-2018, 12:02 PM
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#624
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Veteran
Join Date: May 2016
Posts: 1,831
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Quote:
Originally Posted by Tape Reader
SFOR?
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I said a stock. Not a fantasy
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10-26-2018, 02:04 AM
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#625
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Smarty Pants
Join Date: Sep 2001
Location: Every Vote Counts
Posts: 3,160
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I predict the Market will go up unless it goes down.
I already said that!
One more day left in the week. I'm not a trader although I could have been.
I am now simply an observer and along for the ride.
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10-26-2018, 04:28 AM
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#626
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,880
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Quote:
Originally Posted by Buckeye
I predict the Market will go up unless it goes down.
I already said that!
One more day left in the week. I'm not a trader although I could have been.
I am now simply an observer and along for the ride.
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If you are who I think you are...goddamn it...
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10-26-2018, 05:35 AM
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#627
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Mike Schultz
Join Date: Oct 2010
Location: North Carolina
Posts: 2,235
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NASDAQ futures down 275 points this morning. FAANG stocks have lost their bite. Which stocks will be the new leaders out of this correction???
__________________
I attract money, I attract money...
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10-26-2018, 12:37 PM
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#628
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Veteran
Join Date: May 2016
Posts: 1,831
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I love these epic rallies.
Makes the longs who stay in feel much better about themselves
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10-28-2018, 08:10 AM
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#629
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Mike Schultz
Join Date: Oct 2010
Location: North Carolina
Posts: 2,235
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Market Timing
My intermediate timing indicator has triggered a sell signal (red down arrow located on the chart on the right-hand side). My long-term indicator (chart on left) shows we've really gotten extended and it will be extremely painful if we correct to the lower moving average!
__________________
I attract money, I attract money...
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10-28-2018, 09:31 AM
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#630
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Veteran
Join Date: Dec 2016
Posts: 248
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Quote:
Originally Posted by PICSIX
My intermediate timing indicator has triggered a sell signal (red down arrow located on the chart on the right-hand side). My long-term indicator (chart on left) shows we've really gotten extended and it will be extremely painful if we correct to the lower moving average!
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gee thanks for the heads up,after we have dropped 10% and many sectors are in bear markets you get a sell signal,ill take the contrarian view and predict we will be at new highs next year.Your TA is worthless.
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