Quote:

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Originally posted by JEWELSTAITEFAN:
Although a lot of people would be relieved if it drops to 22,623 before rebounding.


Perhaps I should point out, here in the moment: these are the days of making the largest gains in funds. Buying at a discount of 6% can get an easy gain on bounce back, in a matter of days instead of the 55 days it recently took to scale this mountain of stock value.
And if it can drop to 22,623 then the rebound can only be reasonably expected to be 5% to 10% of the all-time high, so buying at the end of Monday could still result in a loss.
But regardless, whenever the market hits the best bargain price, that is when the common trader has the greatest opportunity to grow their funds. Although this volatility is just noise, the potential for growth is far greater than days of a couple hundred point gains.

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Quote:

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Originally posted by JEWELSTAITEFAN:
Alright, so let's take a moment to explore the scenario if the Libtard view actually wasn't a delusion.

Their premise is that the real actual value of the Market is represented by Dow 15,000.
So then 26,616 is an actual overevaluation of 11,616 - or 177% of the true value. That may well be a historical record.
So if Dow goes no higher than that during this cycle, then a drop to 22,623 will signal onset of a Bear Market cycle. The rebound will go to about 23,954 - 25,285 range and then drop. A Bear Market drop always bottoms far below the true value of a stock, so the Dow would at this point bottom out around 8,000 - 12,000. The would represent a drop of 55% - 70%. Such a large drop gives investors plenty of time or range to recognize the drop and exit their stocks, before the bottom price is available to buy back in for massive gains - doubling or tripling your fund value. Unless the Libtard duplicates 2008 and keeps all their money in the Market until they've lost 60% of their life savings. So what are the Libtards panicking about? Their scenario provides the best possible outcome for their funds!

By comparison OTOH, if the Libtards are delusional and the Stock Market is the Real World, then a couple extreme possibilities can be presented.
One is that, for no reason, the current high of 26,616 remains the peak of this cycle. The drop to trigger remains the same as above, as well as the rebound range. But then the bottom would be more like 17,740 (67%) or we could hope for 13,300 (50%). The discount price for buying back in would not be as big of a bargain, plus the time of range of drop would be more brief, so exiting the fund would be more time critical, allowing for less dilly-dallying. And then the recovery gains would only be 30 - 50%.
The other possibility would be that the explanation for Obamanomics which I posted earlier in this thread are correct. The Market will continue to climb, for up to 8 years, before moving to Bear Market.
By that time most folk would have forgotten about Libtard delusional theories.

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Quote:

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Originally posted by JEWELSTAITEFAN:
Dow closed today at 23,533. A drop of 1.7% today. This is 11.6% off the Record All-Time High. Hard to beat a discount price like this to buy in at. Buffet must be buying like crazy about now.
The Dow closed at 23,860 on 8 February.
Dow closed at 23,539 on 4 November 2017.
Dow closed at 23,516 on 3 November 2017.

Today Trump signed the Cramnibus Spendaholic bill, largest spending bill in history, to last until September if this year, 6 months from now.

Quote:

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Originally posted by JEWELSTAITEFAN:
Although a lot of people would be relieved if it drops to 22,623 before rebounding.


Perhaps I should point out, here in the moment: these are the days of making the largest gains in funds. Buying at a discount of 6% can get an easy gain on bounce back, in a matter of days instead of the 55 days it recently took to scale this mountain of stock value.
And if it can drop to 22,623 then the rebound can only be reasonably expected to be 5% to 10% of the all-time high, so buying at the end of Monday could still result in a loss.
But regardless, whenever the market hits the best bargain price, that is when the common trader has the greatest opportunity to grow their funds. Although this volatility is just noise, the potential for growth is far greater than days of a couple hundred point gains.

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Originally posted by JEWELSTAITEFAN:
Dow closed at 24,356 today.

Tomorrow the Jobs Report is released, expected to be even better yet, as good as during the Korean War.

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Quote:

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Originally posted by 6IXSTRINGJACK:

Quote:

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Originally posted by JEWELSTAITEFAN:
Dow closed at 24,356 today.

Tomorrow the Jobs Report is released, expected to be even better yet, as good as during the Korean War.

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Quantity over quality. Once again.

Why are you so quick to believe these numbers now that Trump is in office, but not when Obama was in office?

Better yet, why is Trump so quick to believe these numbers now that Trump is in office, but not when Obama was in office?

Do Right, Be Right. :)

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Quote:

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Originally posted by JEWELSTAITEFAN:

Quote:

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Originally posted by 6IXSTRINGJACK:

Quote:

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Originally posted by JEWELSTAITEFAN:
Dow closed at 24,356 today.

Tomorrow the Jobs Report is released, expected to be even better yet, as good as during the Korean War.

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Quantity over quality. Once again.

Why are you so quick to believe these numbers now that Trump is in office, but not when Obama was in office?

Better yet, why is Trump so quick to believe these numbers now that Trump is in office, but not when Obama was in office?

Do Right, Be Right. :)

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Have you been asleep since the Unemployment Rate Facts thread was started? What's wrong with you?

I think I have clearly laid out why the same numbers show Obama was faking and Trump is baking, making, and waking.

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Quote:

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Originally posted by 6IXSTRINGJACK:

Quote:

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Originally posted by JEWELSTAITEFAN:

Quote:

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Originally posted by 6IXSTRINGJACK:

Quote:

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Originally posted by JEWELSTAITEFAN:
Dow closed at 24,356 today.

Tomorrow the Jobs Report is released, expected to be even better yet, as good as during the Korean War.

---

Quantity over quality. Once again.

Why are you so quick to believe these numbers now that Trump is in office, but not when Obama was in office?

Better yet, why is Trump so quick to believe these numbers now that Trump is in office, but not when Obama was in office?

Do Right, Be Right. :)

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Have you been asleep since the Unemployment Rate Facts thread was started? What's wrong with you?

I think I have clearly laid out why the same numbers show Obama was faking and Trump is baking, making, and waking.

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The numbers are bullshit.

Show me the number that, when adjusted for inflation, shows that the annual gross income of EVERYBODY has improved at all.

Then again, don't bother. I doubt you'd be able to find those numbers anywhere, and if you could the outlook would not be good. Every year, we make less against inflation. McDonalds and retail grunt is not a sufficient replacement for livable wage jobs lost to outsourcing and automation.

Do Right, Be Right. :)

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Quote:

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Originally posted by JEWELSTAITEFAN:

Quote:

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Originally posted by 6IXSTRINGJACK:

Quote:

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Originally posted by JEWELSTAITEFAN:

Quote:

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Originally posted by 6IXSTRINGJACK:

Quote:

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Originally posted by JEWELSTAITEFAN:
Dow closed at 24,356 today.

Tomorrow the Jobs Report is released, expected to be even better yet, as good as during the Korean War.

---

Quantity over quality. Once again.

Why are you so quick to believe these numbers now that Trump is in office, but not when Obama was in office?

Better yet, why is Trump so quick to believe these numbers now that Trump is in office, but not when Obama was in office?

Do Right, Be Right. :)

---

Have you been asleep since the Unemployment Rate Facts thread was started? What's wrong with you?

I think I have clearly laid out why the same numbers show Obama was faking and Trump is baking, making, and waking.

---

The numbers are bullshit.

Show me the number that, when adjusted for inflation, shows that the annual gross income of EVERYBODY has improved at all.

Then again, don't bother. I doubt you'd be able to find those numbers anywhere, and if you could the outlook would not be good. Every year, we make less against inflation. McDonalds and retail grunt is not a sufficient replacement for livable wage jobs lost to outsourcing and automation.

Do Right, Be Right. :)

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Being Employed or not, by choice, and keeping up with the Joneses are entirely different matters.

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Quote:

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Originally posted by 6IXSTRINGJACK:

Quote:

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Originally posted by JEWELSTAITEFAN:

Quote:

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Originally posted by 6IXSTRINGJACK:

Quote:

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Originally posted by JEWELSTAITEFAN:
Dow closed at 24,356 today.

Tomorrow the Jobs Report is released, expected to be even better yet, as good as during the Korean War.

---

Quantity over quality. Once again.

Why are you so quick to believe these numbers now that Trump is in office, but not when Obama was in office?

Better yet, why is Trump so quick to believe these numbers now that Trump is in office, but not when Obama was in office?

Do Right, Be Right. :)

---

Have you been asleep since the Unemployment Rate Facts thread was started? What's wrong with you?

I think I have clearly laid out why the same numbers show Obama was faking and Trump is baking, making, and waking.

---

The numbers are bullshit.

Show me the number that, when adjusted for inflation, shows that the annual gross income of EVERYBODY has improved at all.

Then again, don't bother. I doubt you'd be able to find those numbers anywhere, and if you could the outlook would not be good. Every year, we make less against inflation. McDonalds and retail grunt is not a sufficient replacement for livable wage jobs lost to outsourcing and automation.

Do Right, Be Right. :)

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Quote:

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Originally posted by JO753:
Now mite be a good time to bale out. Duznt look like it can rize much hier.

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Quote:

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Originally posted by JEWELSTAITEFAN:
Dow closed Friday at 25,058. 6th day in a row over 25K. In the monthly cycle of boosts from the GDP reports and Job Reports, this is the highest level at this point in the cycle since February.

This coming week will have the report showing, for the first time ever, GDP is over $20 Trillion. Which means at the end of June, the end of the 3rd Quarter.

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Quote:

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Originally posted by JO753:
A gy hoo uzed to hav a seat on the Chicago Stock Exchanje told me he'd be doing indexez if he wuz still a trader.

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Quote:

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Originally posted by JEWELSTAITEFAN:
Dow closed Friday at 25,058. 6th day in a row over 25K. In the monthly cycle of boosts from the GDP reports and Job Reports, this is the highest level at this point in the cycle since February.

This coming week will have the report showing, for the first time ever, GDP is over $20 Trillion. Which means at the end of June, the end of the 3rd Quarter.

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Quote:

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Originally posted by JEWELSTAITEFAN:
On Friday the GDP report will announce the first time in history it has surpassed $20 Trillion.

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Quote:

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Originally posted by 6IXSTRINGJACK:
If we're going to celebrate that 20Trillion GDP number, I think we should also be celebrating the steady increases of the GDP every single year during the Obama Administration.

2009: $14,418.74 Billion
2010: $14,964.37 Billion
2011: $15,517.93 Billion
2012: $16,155.26 Billion
2013: $16,691.52 Billion
2014: $17,427.61 Billion
2015: $18,120.71 Billion
2016: $18,624.48 Billion

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