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02-14-2017, 04:38 PM
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#121
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Veteran
Join Date: Jun 2002
Location: near Philadelphia
Posts: 4,560
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Quote:
Originally Posted by PaceAdvantage
The market has been going up since 2009...straight up basically...so not sure what reaction you're expecting HERE when record highs are recorded...ho-hum I say.
Should I be shocked? Surprised? Dumbfounded? Awed?
Call me when we drop 10-20%...now THAT would be worth noticing...
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Well, maybe so... but there were only 2-3 of us that said the market was going up, and it seemed like an army of others that said no, can't be... one guy even said 'I know why your nickname is reckless'... stuff like that.
So fine. You're right. The market has in fact been going up since 1972 ... err, I mean, since 2009.
I simply must have read it all wrong then when people said to me in early November 2016 that the world is coming to an end, the market is soooooo overvalued. Stuff like that. No big deal, of course, since no one pays any attention to what I say anyway....
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02-14-2017, 04:49 PM
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#122
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,632
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Ok then...
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02-14-2017, 06:40 PM
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#123
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Registered User
Join Date: Jan 2006
Posts: 28,563
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Quote:
Originally Posted by reckless
Has anyone noticed today was another record day in the stock market? Of course people noticed but it is ignored on here it for reasons I simply do not understand.
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You seem to imply that the confidence in TRUMP is the "driving force". But, oddly enough, I don't recall any compliments here going OBAMA's way during the stock market's stratospheric rise after he was elected.
__________________
"Theory is knowledge that doesn't work. Practice is when everything works and you don't know why."
-- Hermann Hesse
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02-14-2017, 08:30 PM
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#124
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tmrpots
Join Date: Jun 2008
Posts: 2,285
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Quote:
Originally Posted by thaskalos
But, oddly enough, I don't recall any compliments here going OBAMA's way during the stock market's stratospheric rise after he was elected.
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Thank you, Obama.
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02-14-2017, 10:14 PM
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#125
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Veteran
Join Date: Jun 2002
Location: near Philadelphia
Posts: 4,560
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Quote:
Originally Posted by thaskalos
You seem to imply that the confidence in TRUMP is the "driving force". But, oddly enough, I don't recall any compliments here going OBAMA's way during the stock market's stratospheric rise after he was elected.
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What you say I 'seem to imply' is factually and patently incorrect.
I have been contributing posts on financial matters and stock investing on this PA site for many years in case you never read any of my posts. That's OK, of course. It's no big deal. I am just saying so to set the record straight.
While I never said Trump is the 'driving force' of the trillion+ dollar increase in stock values since his election, I DO IMPLY and feel that this record setting stock market has been basically ignored -- and that's probably because of their hatred for Trump.
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02-14-2017, 11:20 PM
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#126
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Just another Facist
Join Date: Mar 2002
Location: Now in Houston
Posts: 52,797
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Quote:
Originally Posted by thaskalos
You seem to imply that the confidence in TRUMP is the "driving force". But, oddly enough, I don't recall any compliments here going OBAMA's way during the stock market's stratospheric rise after he was elected.
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Because it's propped up by printed money. Notice how suddenly Yellen is way more open to increasing interest rates? They set Trump up perfectly.
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02-15-2017, 12:04 AM
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#127
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Buckle Up
Join Date: Apr 2014
Posts: 10,614
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QUOTE=reckless]Has anyone noticed today was another record day in the stock market? Of course people noticed but it is ignored on here it for reasons I simply do not understand. [/QUOTE]
Here's where the Stock Market closed today:
</p> - S&P 500
- 2,337.58
- DOW 30
- 20,504.41
- NASDAQ
- 5,782.57
Tell you what I'm going to propose here Reckless, if all 3 indices go up 20%, from this point forward, I owe $500 towards your favorite charity. But if all 3 go down 20%, you owe $500 towards my charity.
Here's what the market has to look like, at a minimum, for you to win:
RECKLESS
- S&P 500
- 2,805.10
- DOW 30
- 24,605.29
- NASDAQ
- 6,939.08
Here's what the market has to look like, at a minimum, for me to win:
ReplayRandall
- S&P 500
- 1870.06
- DOW 30
- 16,403.53
- NASDAQ
- 4626.05
Do we have a wager?
Last edited by ReplayRandall; 02-15-2017 at 12:16 AM.
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02-15-2017, 06:27 AM
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#128
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Mike Schultz
Join Date: Oct 2010
Location: North Carolina
Posts: 2,234
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Here's a long-term prediction courtesy of Thomas Bulkowski:
__________________
I attract money, I attract money...
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02-15-2017, 07:07 AM
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#129
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,760
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this should be good for gold and other commodities
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02-15-2017, 08:47 PM
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#130
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Veteran
Join Date: Jun 2002
Location: near Philadelphia
Posts: 4,560
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Quote:
Originally Posted by ReplayRandall
QUOTE=reckless]Has anyone noticed today was another record day in the stock market? Of course people noticed but it is ignored on here it for reasons I simply do not understand.
Here's where the Stock Market closed today:
</p> - S&P 500
- 2,337.58
- DOW 30
- 20,504.41
- NASDAQ
- 5,782.57
Tell you what I'm going to propose here Reckless, if all 3 indices go up 20%, from this point forward, I owe $500 towards your favorite charity. But if all 3 go down 20%, you owe $500 towards my charity.
Here's what the market has to look like, at a minimum, for you to win:
RECKLESS
- S&P 500
- 2,805.10
- DOW 30
- 24,605.29
- NASDAQ
- 6,939.08
Here's what the market has to look like, at a minimum, for me to win:
ReplayRandall
- S&P 500
- 1870.06
- DOW 30
- 16,403.53
- NASDAQ
- 4626.05
Do we have a wager?
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Randall, after I made my absolutely fabulous, spot-on ' generational buying opportunity' prediction on or about Nov. 3, 2016, you basically called me dope and a knucklehead. You also suggested that I should get out of all my stock holdings. And you told all of us that I will thank you later for this advise! (A line that I will forever remember as the most ridiculous and funny suggestion ever offered me.)
Randall, in the 10 weeks since my absolutely fabulous 'generational buying opportunity' call the general market has increased over $2.2 trillion dollars! Did you notice that?
Not once since all this prosperity began did you extend even a simple courtesy to me that I made a good call. Not once, never.
But yet today, after another record day in the stock market, you now want to bet me $500 that the market will tank 20 per cent.
You should be ashamed of yourself for trying to rope me into this stupid bet -- especially after the market has already risen in value by over $2.2 trillion dollars since my tremendous, absolutely fabulous, 'generational buying opportunity' call on Nov. 3 or so.
We do not have a wager. What do you think I am, a dope?
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02-15-2017, 09:18 PM
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#131
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Buckle Up
Join Date: Apr 2014
Posts: 10,614
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Quote:
Originally Posted by reckless
We do not have a wager. What do you think I am, a dope?
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Yes..... BTW, nice call.....I guess?
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02-15-2017, 09:24 PM
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#132
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,760
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i love a stock that has a market cap of $15 million, but it trades under a penny.
99.9% of any company that trades this low is generally just a pump and dump. but this one is a legit company in the cyber security field with patents and patents pending. they also have some patent infrindgement cases alive, they have won a few of them already.
Strikeforce is the name of the company ticker SFOR
i wish i could call this one a living lock, but its pretty close.
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02-21-2017, 08:19 PM
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#134
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Veteran
Join Date: May 2016
Posts: 1,831
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Quote:
Originally Posted by lamboguy
i love a stock that has a market cap of $15 million, but it trades under a penny.
99.9% of any company that trades this low is generally just a pump and dump. but this one is a legit company in the cyber security field with patents and patents pending. they also have some patent infrindgement cases alive, they have won a few of them already.
Strikeforce is the name of the company ticker SFOR
i wish i could call this one a living lock, but its pretty close.
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What pump and dump tout tipped you to this ?
I'll ask you one question , do you have any idea what the float is ?
Last edited by AltonKelsey; 02-21-2017 at 08:25 PM.
Reason: added text
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02-21-2017, 08:20 PM
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#135
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Veteran
Join Date: May 2016
Posts: 1,831
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Quote:
Originally Posted by upthecreek
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This is the same market that sold OFF in a panic when the election became clear. Reversed quickly to their credit.
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