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Stock Market

It went over 14000 again today, wish I could find the thread awhile back to see who was betting against it.


Last edited by BeyGon; 10-01-2007 at 01:26 PM.. Reason: missed a 0
Old 10-01-2007, 12:25 PM
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1st day of quarter and short covers.

Wait til tomorrow.
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Old 10-01-2007, 01:04 PM
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I said 14250 at years end....
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Old 10-01-2007, 01:38 PM
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Quote:
Originally Posted by BeyGon View Post
It went over 14000 again today, wish I could find the thread awhile back to see who was betting against it.

Here you go:

Dow at the end of the year will be . . . take your guess.
Old 10-01-2007, 02:09 PM
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Please don't bet your retirement on the current stock market. Short term the market will be weak until we get government spending under control. A defensive investment strategy will be the smart play for the next year or so. Meanwhile enjoy the 14,000, it won't last.
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Old 10-01-2007, 02:52 PM
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If a stock analyst couches his words carefully, they can say "The market will go up" or "the market will go down" and be correct either way.
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Old 10-01-2007, 04:14 PM
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Quote:
Originally Posted by 2.7RACER View Post
Please don't bet your retirement on the current stock market. Short term the market will be weak until we get government spending under control. A defensive investment strategy will be the smart play for the next year or so. Meanwhile enjoy the 14,000, it won't last.
I don't understand you post. When you say "retirement", I assume many years out, so are you saying that you don't think the market will be greater than 14K "down the road"? IMO, short term market swings should have minnimal impact upon a retirement strategy...well for me it does, but I don't ignore the day-to-day stuff either.
Old 10-02-2007, 05:11 AM
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Originally Posted by Moneyguy1 View Post
If a stock analyst couches his words carefully, they can say "The market will go up" or "the market will go down" and be correct either way.
Then they can move on to predicting the weather (or women) with even greater accuracy
Old 10-02-2007, 05:13 AM
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you're either a pessimist or an optimist?

you either the believe it's the greatest story never told or you don't?

you either believe that capital growth is worldwide or you don't?

you either believe that US capitalism is the most dynamic in the world or you don't?

you either believe that Congress is the only thing that can screw it up or you don't?
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Old 10-02-2007, 05:32 AM
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Yep, no shades of gray.
Old 10-02-2007, 01:59 PM
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KC911,
As I'm retired, My view is a different from those of you with 10 or 20 years to go before retirement. As always, dips in the market are opportunities for buying low. Good for younger investors.
I feel the market will be weak for at least a year. Too much Govt. spending, weak dollar, foriegn competition, housing mkt, credit crunch, etc. Thus my defensive approach. My portfolio is still smarting from the 2000 dip.
Will we see a 20,000 DOW in 5 years? Not before the Feds get their house (our house), in order.
We simply cannot continue to run high deficits in today's world and expect everything to be rosy.
20 years from now, I'll be gone, so my horizon is much closer than you 40 and 50 types.
The market remains the place for long term investment. There are other investments as well. I like the market. I now have the time to strategize.
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Last edited by 2.7RACER; 10-02-2007 at 04:55 PM..
Old 10-02-2007, 04:52 PM
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This is all so confusing. I hope The Ramp comes in here soon to clear things up. He really knows the stock market.

Hah@ l0| c0mm0n s+0ckzzzzz11!111!111o!!1?1one!11!
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Old 10-02-2007, 05:07 PM
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Originally Posted by 2.7RACER View Post
KC911,
As I'm retired, My view is a different ...
I understand your perspective now
Old 10-03-2007, 02:56 AM
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Oct 1, 2007 Monday Morning Outlook Brian S. Wesbury - Chief Economist, Robert Stein, CFA - Senior Economist

crop

Former Treasury Secretary Robert Rubin said last week that there were only two near-term paths for the US economy – either a soft landing or recession. His comments resonated because they were put down right in the middle of a consensus of economists and public commentators who believe the same thing. The only problem is that, right now, there is very little evidence to support this view. While most analysts are mesmerized by the weak housing sector, the rest of the economy seems to be taking off.

crop

Those who believe the credit crunch slowdown story argue that all this strong economic data should be ignored because it will eventually turn down. But this is far from clear. Our view is that the reports from last week reflect a relatively strong economy. Rather than coming in for a landing, it looks like the re-acceleration in growth to 3%+ real GDP that began in Q2 will continue in the year ahead.

It still looks like a takeoff, not a landing.
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Old 10-03-2007, 05:19 AM
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Let's take another look at this today, Nov 1, 2007.
Anyone care to revise their outlook.
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Old 11-01-2007, 07:02 PM
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Quote:
Originally Posted by 2.7RACER View Post
Let's take another look at this today, Nov 1, 2007.
Anyone care to revise their outlook.
Day to day isn't how I look at it...
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Old 11-01-2007, 07:07 PM
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I'm down for today, by about 2% from yesterday, but still up by an equivalent amount, or more, since this thread was started. Also, I'm still net up by a good 10-12% for the year.
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Old 11-01-2007, 07:10 PM
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hell no


it's time for the wall of worry fans to buy in. The put/call ratios have indicated very high levels of pessimism recently. Just as it's been doing for the past few years.

the $300B capital hit from hot lending is just about the size of the Gulf hurricane hit w/New Orleans a few yrs ago.

i've humbly said that we are in a worldwide economic war.. always has been as always will.

If Hillery and the far left gain critical mass next election I'll be revising my strategy.
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Old 11-01-2007, 07:18 PM
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Quote:
Originally Posted by pwd72s View Post
Day to day isn't how I look at it...
Yup; today's performance is just noise for long term investors.

Best,

Kurt
Old 11-01-2007, 07:30 PM
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Quote:
Originally Posted by kstarnes View Post
Yup; today's performance is just noise for long term investors.

Best,

Kurt
in the recent market, today's performance is noise for short term investors also. Up 150 today, down 300 tomorrow, up 100 for the next couple days..... down a couple the next... no real movement overall in the market for the last couple months.

Either way what do I care, I'm flippin houses

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Old 11-01-2007, 07:38 PM
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