Where's the Stock Market going-up 200+ today
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 | 7 votes (63.63%) | ||
| | 5 votes (45.45%) | ||
| | 4 votes (36.36%) | ||
| | 2 votes (18.18%) | ||
| | 2 votes (18.18%) | ||
| | 3 votes (27.27%) |
11 members have voted
August 25th, 2015 at 7:35:20 AM
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You never know the future, unfortunately. If we did, risk taking would not be possible.
Learning to enjoy the fact that we don't know the future is always the solution.
And I'm having loads of fun.
Learning to enjoy the fact that we don't know the future is always the solution.
And I'm having loads of fun.
aahigh.com
August 25th, 2015 at 7:58:07 AM
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Life: where the waves of uncertainty meet the rocks of reality.
"What, me worry?"
August 25th, 2015 at 9:16:52 AM
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Quote: AZDuffmanIt never goes straight down. This market is on the Blue Sky Meth of free money. Dumped my equity funds yesterday. Getting to look too much like early 2008.
You have my cell number, wish you had called me.
I hate to be harsh, but that's textbook wrong move. IMO. If you thought you might need the money before stocks go up again, then you shouldn't have bought stocks in the first place IMO. And they will go back up or history will be written with this downturn.
Yes, IMO... IMHO if you like. I bought instead of sold. You may get the last laugh.
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!” She is, after all, stone deaf. ... Arnold Snyder
August 25th, 2015 at 11:47:08 AM
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Quote: AZDuffmanIt never goes straight down. This market is on the Blue Sky Meth of free money. Dumped my equity funds yesterday. Getting to look too much like early 2008.
Might not have been the best day to "dump equity funds", last Wed would have been better maybe.
But to each their own, the market is in a turmoil, find a place you're comfortable with your 'funds'.
Good luck to us all!
Youuuuuu MIGHT be a 'rascal' if.......(nevermind ;-)...2F
August 25th, 2015 at 1:11:26 PM
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Down 208 for the day, a real blast for
everybody involved.
everybody involved.
"It's not called gambling if the math is on your side."
August 25th, 2015 at 3:42:09 PM
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Quote: EvenBobAh, you have the answer then.
Waiting. (sound of crickets)
I can't believe what I believe.
August 25th, 2015 at 7:30:59 PM
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Quote: beachbumbabsAlthough the original post was 2+years ago, reference today: up 300+. For the week; down 500 from close last Friday. Or so my crystal ball says. :)
Oops. Blast. Damn. My retirement funds take another hit. Riding the trough....hopefully not a vortex....
If the House lost every hand, they wouldn't deal the game.
September 1st, 2015 at 1:09:09 PM
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Quote: beachbumbabsOops. Blast. Damn. My retirement funds take another hit. Riding the trough....hopefully not a vortex....
As long as you don't have to sell, it will only matter if it is still going on when you do - presumably that day [having to sell] comes for all of us.
I think we can now say officially this is not the typical V-shaped hiccup we have been used to. We're back to where we were almost.
Will R-Craps be right about it getting worse before better? I'll be sure to see he gets the credit for saying so. We are not there yet.
PS: in the case of AZ, he will get credit too, but only if he says he bought back in at the right spot LOL
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!” She is, after all, stone deaf. ... Arnold Snyder
September 2nd, 2015 at 12:30:30 PM
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My absolutely free investing advice for today, worth every penny.
Sell equities you don't own next Monday, early Mon AM.
Then buy those stocks around noon.....
Then go to yacht and enjoy the rest of the day.
I mean, you earned it. right?
Sell equities you don't own next Monday, early Mon AM.
Then buy those stocks around noon.....
Then go to yacht and enjoy the rest of the day.
I mean, you earned it. right?
Youuuuuu MIGHT be a 'rascal' if.......(nevermind ;-)...2F
September 2nd, 2015 at 3:11:30 PM
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China is taking two days off to celebrate VJ day(s). This should mean two days of no bad news, three if you count today. Word was there was manipulation that had a positive impact Wednesday to improve the national mood. Next crash is Monday!
When a rock is thrown into a pack of dogs, the one that yells the loudest is the one who got hit.
August 5th, 2017 at 2:09:49 AM
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imho the very most important thing to know about the stock market is that 99.9% of the people who make predictions of any kind thereby implying that there views have predictive value are incorrect. not that there predictions necessarily won't happen. even gail howard the hot selling author of books on winning the lottery sometimes might make right predictions. but the cold hard truth is that their predictions have no predictive value.
the foolish sayings of a rich man often pass for words of wisdom by the fools around him
August 5th, 2017 at 12:18:49 PM
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Here is a interesting example of stock analysis.
2 articles on investorplace that were posted 2 days apart in early July. The URL's below show the diverging subject matter;
http://investorplace.com/2017/07/5-stocks-to-sell-in-august/view-all/
http://investorplace.com/2017/07/7-all-weather-stocks-to-buy-for-the-next-30-years/view-all/
On both lists, ABBV was the first one mentioned, and both lists included Disney.
Am I supposed to buy them but sell them every August and then buy them again? Seems like a good deal for your broker, and the US Government, but not so much for the purchaser.
2 articles on investorplace that were posted 2 days apart in early July. The URL's below show the diverging subject matter;
http://investorplace.com/2017/07/5-stocks-to-sell-in-august/view-all/
http://investorplace.com/2017/07/7-all-weather-stocks-to-buy-for-the-next-30-years/view-all/
On both lists, ABBV was the first one mentioned, and both lists included Disney.
Am I supposed to buy them but sell them every August and then buy them again? Seems like a good deal for your broker, and the US Government, but not so much for the purchaser.
August 5th, 2017 at 12:54:04 PM
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Who uses brokers these days?
A stock can easily be a short term sell but a good deal long term.
Anyone who equates the stock market with playing craps is misinformed or delusional.
A stock can easily be a short term sell but a good deal long term.
Anyone who equates the stock market with playing craps is misinformed or delusional.
The older I get, the better I recall things that never happened
August 5th, 2017 at 4:43:01 PM
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Since I've nailed every single investment prediction that ive made on this forum to date, you guys would be wise to listen to what I have to say.
VGT IS THE best investment that one can make long term. It's been averaging close to 20% a year after their dividend for the last 5 years and it will continue to outperform the market. Keep in mind, the expense ratio for VGT is as low as you will find, with the ratio coming in at .10%. Vanguard never fails to disappoint and offers the most value out there when it comes to their funds. When you compare their expense ratios to their performance, Vanguard is at the top. VGT is no different. Technology is not going anywhere, in fact there hasn't been a more bullish time in history to be involved with tech. With kids these days as young as 7 years old already with a phone in their hands or some type of tablet, it would be foolish to think otherwise. Is anyone really going to replace the likes of giants such as Apple, Microsoft, Google or even Oracle, Cisco, and Intel in the next 20 years? 50 years perhaps?
Leave the individual stock picking for the deluded hedge fund analysts who think they can beat the market. Someone go ahead and tell me again what the percentage is of hedge funds that outperform the market each year. Ill wait.
The best investment you can make is in a low cost long-term bullish sector index fund.
VGT IS THE best investment that one can make long term. It's been averaging close to 20% a year after their dividend for the last 5 years and it will continue to outperform the market. Keep in mind, the expense ratio for VGT is as low as you will find, with the ratio coming in at .10%. Vanguard never fails to disappoint and offers the most value out there when it comes to their funds. When you compare their expense ratios to their performance, Vanguard is at the top. VGT is no different. Technology is not going anywhere, in fact there hasn't been a more bullish time in history to be involved with tech. With kids these days as young as 7 years old already with a phone in their hands or some type of tablet, it would be foolish to think otherwise. Is anyone really going to replace the likes of giants such as Apple, Microsoft, Google or even Oracle, Cisco, and Intel in the next 20 years? 50 years perhaps?
Leave the individual stock picking for the deluded hedge fund analysts who think they can beat the market. Someone go ahead and tell me again what the percentage is of hedge funds that outperform the market each year. Ill wait.
The best investment you can make is in a low cost long-term bullish sector index fund.
Any private business open to the PUBLIC (ie. droned out casinos) cannot have a criminal trespass enforced against an individual without GOOD CAUSE (Disruptive or Disorderly conduct). You will never go to prison for being thrown out of a casino for legal advantage play and then returning because it's simply unconstitutional 'as applied' to the individual. 'As applied' constitutional issues must FIRST be raised in DISTRICT COURT (trial court) to have it thrown out. You CANNOT raise it on APPEAL This is the best kept secret in the world of casinos not just in Vegas but everywhere in the country. Thank me later.
August 5th, 2017 at 5:31:45 PM
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Remind us how much money you have made from these investment predictions again.
The older I get, the better I recall things that never happened
August 6th, 2017 at 8:06:47 AM
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Quote: ZenKinGVGT IS THE best investment that one can make long term.
OK, it's on my radar, I like ETFs. I only buy during downturns though - it's my age demanding that, but I think even a young person might want to hold off in a hot market, I always did. Dividends are modest btw.
If I could get in a time machine and go back to the dip of early '09, well, it's up about 275% since then.
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!” She is, after all, stone deaf. ... Arnold Snyder
August 6th, 2017 at 8:40:35 AM
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Quote: odiousgambitOK, it's on my radar, I like ETFs. I only buy during downturns though - it's my age demanding that, but I think even a young person might want to hold off in a hot market, I always did. Dividends are modest btw.
If I could get in a time machine and go back to the dip of early '09, well, it's up about 275% since then.
Understood, but i wouldnt necessarily list this as a 'hot' market. Theres a huge difference between a 'hot' market that comes from media hype and a market that has both current and future sociological demand. We know technology is going no where, so the next question is will anyone dethrone the likes of Apple and Microsoft in the next 20-50 years? I just dont see it. Those are VGT's top holdings.
I do see a split though around $180-$200 though to get the price more 'attractive'. Should help it a lot as well because for some odd reason, retail investors get scared off by a high share price and think theyll make less of a return, which is ludicrous. Psychology rules the market.
VTI is another good one. If youre very conservative, XLP is as good as it gets. In fact XLP fell the least amoujt out of any ETF or mutual fund during the '08 crisis. A mere -20%. If it can survive something lile the '08 crisis with only a -20% downfall, then in my opinion, its as safe as it gets. XLP will make you a bit less, but it's much less volatile and much more suited for the really conservative investor.
Any private business open to the PUBLIC (ie. droned out casinos) cannot have a criminal trespass enforced against an individual without GOOD CAUSE (Disruptive or Disorderly conduct). You will never go to prison for being thrown out of a casino for legal advantage play and then returning because it's simply unconstitutional 'as applied' to the individual. 'As applied' constitutional issues must FIRST be raised in DISTRICT COURT (trial court) to have it thrown out. You CANNOT raise it on APPEAL This is the best kept secret in the world of casinos not just in Vegas but everywhere in the country. Thank me later.
August 6th, 2017 at 9:26:14 AM
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So how much are you investing in these and which ones ZK?
You can shear a sheep a hundred times, but you can skin it only once. — Amarillo Slim Preston
August 6th, 2017 at 9:52:47 AM
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Quote: PokerGrinderSo how much are you investing in these and which ones ZK?
Im waiting for my bankroll to get to around 70k. Then im putting around 45 or 50k into VGT. Ill leave 20-25k for blackjack which should be enough to use to play and grow unless i hit a horrific downswing like i did once back in PA.
Any private business open to the PUBLIC (ie. droned out casinos) cannot have a criminal trespass enforced against an individual without GOOD CAUSE (Disruptive or Disorderly conduct). You will never go to prison for being thrown out of a casino for legal advantage play and then returning because it's simply unconstitutional 'as applied' to the individual. 'As applied' constitutional issues must FIRST be raised in DISTRICT COURT (trial court) to have it thrown out. You CANNOT raise it on APPEAL This is the best kept secret in the world of casinos not just in Vegas but everywhere in the country. Thank me later.
August 6th, 2017 at 10:14:11 AM
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Quote: ZenKinGIm waiting for my bankroll to get to around 70k. Then im putting around 45 or 50k into VGT. Ill leave 20-25k for blackjack which should be enough to use to play and grow unless i hit a horrific downswing like i did once back in PA.
You are currently sitting around 45k? Doesn't taking that much out of your bankroll send your RoR through the ceiling?
You can shear a sheep a hundred times, but you can skin it only once. — Amarillo Slim Preston
August 6th, 2017 at 10:37:24 AM
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Quote: PokerGrinderYou are currently sitting around 45k? Doesn't taking that much out of your bankroll send your RoR through the ceiling?
What?
Any private business open to the PUBLIC (ie. droned out casinos) cannot have a criminal trespass enforced against an individual without GOOD CAUSE (Disruptive or Disorderly conduct). You will never go to prison for being thrown out of a casino for legal advantage play and then returning because it's simply unconstitutional 'as applied' to the individual. 'As applied' constitutional issues must FIRST be raised in DISTRICT COURT (trial court) to have it thrown out. You CANNOT raise it on APPEAL This is the best kept secret in the world of casinos not just in Vegas but everywhere in the country. Thank me later.
August 6th, 2017 at 11:02:10 AM
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I, for one, am looking forward to the howls when zk actually puts money in and the stock drops.
The older I get, the better I recall things that never happened
August 6th, 2017 at 11:05:34 AM
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Quote: billryanI, for one, am looking forward to the howls when zk actually puts money in and the stock drops.
Well, his screen name on bjtf was Lonewolf.
DUHHIIIIIIIII HEARD THAT!
August 6th, 2017 at 12:58:59 PM
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Quote: lilredroosterimho the very most important thing to know about the stock market is that 99.9% of the people who make predictions of any kind thereby implying that there views have predictive value are incorrect. not that there predictions necessarily won't happen. even gail howard the hot selling author of books on winning the lottery sometimes might make right predictions. but the cold hard truth is that their predictions have no predictive value.
Every year create a new online identity and make a list of stock prediction on some sites. If you get a year bang on right, go exploit it and reveal your genius. Hopefully no one will ID your previous identities where you just performed like most people.
Sanitized for Your Protection
August 6th, 2017 at 1:31:04 PM
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While I can't predict which way the next 100 point market swing will go, I can predict, with absolute certainty which way the next 100% market swing will go.
I can't believe someone would compare an author of books on winning lotteries to a financial advisor.
I can't believe someone would compare an author of books on winning lotteries to a financial advisor.
The older I get, the better I recall things that never happened
August 6th, 2017 at 2:04:09 PM
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Quote: billryanWhile I can't predict which way the next 100 point market swing will go, I can predict, with absolute certainty which way the next 100% market swing will go.
I can't believe someone would compare an author of books on winning lotteries to a financial advisor.
I thought the dart throwing monkey story was legit about picking a portfolio. Is it just legend?
Sanitized for Your Protection
August 7th, 2017 at 1:53:35 AM
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Quote: rxwineI thought the dart throwing monkey story was legit about picking a portfolio. Is it just legend?
it was an analogy put forth by Professor Burton Malkiel in his classic book "a random walk down wall street." it pissed off a lot of wall street suits. 2 noble prize winners myron scholes and robert merton thought they had the market all figured out and formed a hedge fund in the 90s - long term capital management. they did great for a couple of years. then they lost everything. when it happened they lost so much, billions, some predicted the entire world economy would come down with the fund. that didn't happen but scholes and merton wouldn't be running any more hedge funds. in malkiel's great book he points out that during the last bubble - around '99; some teenager with a carpet cleaning business and very few customers promoted himself as a dot com sensation and got his stock listed and his stock went up to somewhere in the 70s. hilarious.
Last edited by: lilredrooster on Aug 7, 2017
the foolish sayings of a rich man often pass for words of wisdom by the fools around him
August 7th, 2017 at 2:39:09 AM
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The Zzzzzbest carpet scandal was a classic ponzi scheme that collapsed in the late 1980s, not 1999.
The older I get, the better I recall things that never happened
August 7th, 2017 at 3:07:41 AM
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Quote: billryanWhile I can't predict which way the next 100 point market swing will go, I can predict, with absolute certainty which way the next 100% market swing will go.
please explain what this means. first you say you can't predict it then you say you can. i don't get it. thanks.
the foolish sayings of a rich man often pass for words of wisdom by the fools around him
August 7th, 2017 at 4:31:12 AM
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i'm not trying to brag although some will say i am bragging but i've outperformed about 80% of wall street money managers over the last 30 years with my index funds. they make millions for the advice they dole out but nobody will give me a lousy dime. it's just NOT FAIR. i know; this strategy is just too boring for a lot of people. they want zip, zap and flash. adrenaline rushing. i'd rather get that with 50 bucks on a fast horse. for many years fund managers were very embarrassed by falling well short of the s&p index. so they played a real cute trick. in their advertising, brochures, prospectuses, etc. they stopped comparing their performance to the s&p. the now compare it to something called the "lipper average" which is supposedly comparing it to other funds in the same category.
Last edited by: lilredrooster on Aug 7, 2017
the foolish sayings of a rich man often pass for words of wisdom by the fools around him
August 7th, 2017 at 9:08:09 AM
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Quote: lilredroosterplease explain what this means. first you say you can't predict it then you say you can. i don't get it. thanks.
Reading is FUNDAMENTAL. Please tell me you understand the difference in the two statements.
The older I get, the better I recall things that never happened
August 7th, 2017 at 9:23:29 AM
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Quote: billryanReading is FUNDAMENTAL. Please tell me you understand the difference in the two statements.
got it. but you're saying 100% swing the other way is impossible. nuclear war? hydrogen bombs falling?
the foolish sayings of a rich man often pass for words of wisdom by the fools around him
