REAL WORLD EVENT DISCUSSIONS

Dow @ 20K. Time to jump off!

POSTED BY: JO753
UPDATED: Thursday, May 14, 2020 12:54
SHORT URL:
VIEWED: 37491
PAGE 13 of 23

Saturday, August 25, 2018 1:54 AM

JEWELSTAITEFAN



Quote:

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.

This was posted on 6 Feb. I should try to post it at top of page for convenience, since a lot of noise has been posted since then.

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Saturday, August 25, 2018 1:56 AM

JEWELSTAITEFAN



Quote:

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.

Another repost, for convenience. From 8 Feb.

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Saturday, August 25, 2018 1:58 AM

JEWELSTAITEFAN



Top-of-the-Page reposting, from 22 May:
Quote:

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:

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.



This was posted 23 March, with the lowest close of the Dow in 2018, at 23,533.
Prior to 4 November 2017 the Dow had never closed higher than 23,516.

Today Dow closed at 24,834.


The within quote was from 6 Feb. Folk can't say I didn't provide the recipe in time.

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Saturday, August 25, 2018 4:19 AM

JEWELSTAITEFAN


I also just noticed that the 2 funds that my retirement account is in right now have hit their Record All-Time High value.

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Saturday, August 25, 2018 4:26 AM

6IXSTRINGJACK

[/i]


If you ain't sharin' people ain't carin'.

Do Right, Be Right. :)

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Saturday, August 25, 2018 6:53 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly


Quote:

Originally posted by JEWELSTAITEFAN:
I also just noticed that the 2 funds that my retirement account is in right now have hit their Record All-Time High value.

Despite not wanting to brag, Trump modestly gave himself all the credit for your increase: “Had Hillary and the Democrats gotten in, had she been president, you would have had negative growth. We picked up $10 trillion in worth.”

www.foxnews.com/politics/2018/08/23/trump-declares-market-would-crash-
if-democrats-impeached-him.html


The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Saturday, August 25, 2018 11:05 PM

JEWELSTAITEFAN


Quote:

Originally posted by 6IXSTRINGJACK:
If you ain't sharin' people ain't carin'.

Do Right, Be Right. :)

You mean my 2 funds? Millions of working people share my funds.
It's not a secret.

They mirror many index funds, which are all increasing in share value.
It's not a secret.

I've been sharing information on the rising value of Stock Market funds.
It's not a secret, except to you.

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Saturday, August 25, 2018 11:08 PM

JEWELSTAITEFAN


Quote:

Originally posted by second:
Quote:

Originally posted by JEWELSTAITEFAN:
I also just noticed that the 2 funds that my retirement account is in right now have hit their Record All-Time High value.

Despite not wanting to brag, Trump modestly gave himself all the credit for your increase: “Had Hillary and the Democrats gotten in, had she been president, you would have had negative growth. We picked up $10 trillion in worth.”

Despite your overwhelming obsession with regurgitating Fake News, it's almost amazing that you can post the greatest of truths.

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Monday, August 27, 2018 7:41 PM

JEWELSTAITEFAN


Dow closed today at 26,049. This is 2.1% off the Record All-Time High. This is a full 1% gain for the day. This is the first close above 26K since January. This is one of 13 closes above 26K in the history of the Dow.

This is the 32nd day in a row over 25K, the 8th over 25,500.
The prior longest streak over 25K was 21 days, in January.

S&P500 closed at 2,896. This is a new Record All-Time High.

NASDAQ closed at 8,017. This is a new Record All-Time High.


Perhaps your opportunity to Jump Off has passed - now if you exit the Market you will be forced to absorb an increase in the value of your fund.

Wednesday the monthly update on the economy will be released.
Also Wednesday is the 10th Anniversary of the announcement of Sarah Palin as candidate for Vice President, giving voice and spurring the beginnings of the Tea Party Patriots.
Thursday will be the Jobless Claims report, already at historic number of weeks at historic lows levels.

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Monday, August 27, 2018 8:49 PM

6IXSTRINGJACK

[/i]


All those reports are just as "fake news" today as they were under the Obama administration.

I don't see why you choose to believe any of them today, when you didn't believe them 4 years ago.


I mean, I get why Trump won't recognize this flaw in logic because he has something to personally gain from denying the facts in 2018. I don't see what you have to gain from it though.

Do Right, Be Right. :)

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Monday, August 27, 2018 9:22 PM

JEWELSTAITEFAN


Libtard.

Libtard.

Libtard.

Libtard.













Rumor has it that should shield the rest of this thread from 6ix.

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Tuesday, August 28, 2018 12:01 AM

6IXSTRINGJACK

[/i]


Quote:

Originally posted by JEWELSTAITEFAN:
Libtard.

Libtard.

Libtard.

Libtard.













Rumor has it that should shield the rest of this thread from 6ix.



lol

Do Right, Be Right. :)

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Tuesday, August 28, 2018 12:24 AM

JEWELSTAITEFAN


Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
Libtard.

Libtard.

Libtard.

Libtard.













Rumor has it that should shield the rest of this thread from 6ix.



lol

Do Right, Be Right. :)

somebody read past Libtard.

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Tuesday, August 28, 2018 12:44 AM

JEWELSTAITEFAN


Quote:

Originally posted by JEWELSTAITEFAN:
Dow closed today at 26,049. This is 2.1% off the Record All-Time High. This is a full 1% gain for the day. This is the first close above 26K since January. This is one of 13 closes above 26K in the history of the Dow.

This is the 32nd day in a row over 25K, the 8th over 25,500.
The prior longest streak over 25K was 21 days, in January.

S&P500 closed at 2,896. This is a new Record All-Time High.

NASDAQ closed at 8,017. This is a new Record All-Time High.


Perhaps your opportunity to Jump Off has passed - now if you exit the Market you will be forced to absorb an increase in the value of your fund.

Wednesday the monthly update on the economy will be released.
Also Wednesday is the 10th Anniversary of the announcement of Sarah Palin as candidate for Vice President, giving voice and spurring the beginnings of the Tea Party Patriots.
Thursday will be the Jobless Claims report, already at historic number of weeks at historic lows levels.

I noticed that on Monday, International funds outpaced the rest.

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Tuesday, August 28, 2018 11:28 PM

JEWELSTAITEFAN


Dow closed today at 26,064. That is the highest close since January. This is the 33rd day above 25K, and the 9th above 25,500.

This is the 11th highest close in the history of the Dow.


S&P 500 closed at 2,897. That is a new Record All-Time High.

NASDAQ closed at 8,030. That is a new Record All-Time High.

Tomorrow the report on the economy is released.

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Wednesday, August 29, 2018 4:17 AM

JO753

rezident owtsidr


Do you think it may hav broken out uv its stagnation?

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com

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Wednesday, August 29, 2018 7:31 PM

JEWELSTAITEFAN


Dow closed today at 26,124. That is 1.8% off the Record All-Time High.

This is the 9th highest Close in the history of the Dow. This is the 34th day in a row above 25K, and the 10th above 25,500.


S&P 500 closed at 2,914. That is another new Record All-Time High.

NASDAQ closed at 8,109. That is another new Record All-Time High.


Tomorrow the Jobless Claims report is released.

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Wednesday, August 29, 2018 10:01 PM

JEWELSTAITEFAN


Quote:

Originally posted by 6IXSTRINGJACK:
All those reports are just as "fake news" today as they were under the Obama administration.

I don't see why you choose to believe any of them today, when you didn't believe them 4 years ago.


I mean, I get why Trump won't recognize this flaw in logic because he has something to personally gain from denying the facts in 2018. I don't see what you have to gain from it though.

Do Right, Be Right. :)

6ix won't be able to read this because I already posted Libtard. But he may be confused or forgetful.
I already posted that the Market is like a popularity contest using dollars as votes. It is not dependent upon Libtards having any reasonable basis for buying at high prices and selling at low prices, it allows all sorts of idiotic behavior. So when the monthly reports constantly remind everybody how great the economy is, the Market rises. And then within a few weeks Libtards completely forget the most obvious facts and depress the Market prices. So when I remind that the Rosy Report is coming out soon and the Market is impending another rise, non-Libtards can ride the increase in prices, because to non-Libtards a gain in fund valuation is an acceptable path to pursue. Just because I've gained 32% since January does not mean I expect couch monkeys to fill the jobs vacant across the land.

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Thursday, August 30, 2018 4:04 AM

JO753

rezident owtsidr


How did you get so far away from reality?

6string iznt a 'libtard', hez a Russian spy, possibly reziding in the US.

Investorz arent karakteristicly memberz uv any particular political party, they are peeps with spare money. And being a herd beast iz a common human trait.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com

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Thursday, August 30, 2018 7:58 AM

6IXSTRINGJACK

[/i]


Quote:

Originally posted by JO753:
How did you get so far away from reality?

6string iznt a 'libtard', hez a Russian spy, possibly reziding in the US.

Investorz arent karakteristicly memberz uv any particular political party, they are peeps with spare money. And being a herd beast iz a common human trait.



If you ask Reaverfan, I'm a Nazi.

I love you knuckleheads, you know that?

Do Right, Be Right. :)

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Thursday, August 30, 2018 7:59 PM

JEWELSTAITEFAN


Dow closed today at 25,986. This is the 35th day in a row over 25K and the 11th over 25,500.


S&P 500 closed at 2,901. This is the 2nd highest close in history.

NASDAQ closed at 8,088. This is the 2nd highest close in history.


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Thursday, August 30, 2018 8:04 PM

6IXSTRINGJACK

[/i]


Meaningless stats when the currency backing it up is being constantly split but the people who hold it don't get any of the split.

Do Right, Be Right. :)

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Friday, August 31, 2018 7:31 PM

JEWELSTAITEFAN


Dow closed today at 25,964. This is the 36th day in a row over 25K and the 12th over 25,500.

This is the 17th highest Close in the history of the Dow. Every day this week closed higher than any day between January and this week.

S&P 500 closed at 2,901. That is the 2nd highest in history.

NASDAQ closed at 8,109. That is a new Record All-Time High.


Next week on Friday the 7th the Unemployment Report is scheduled for release.

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Friday, August 31, 2018 11:52 PM

JO753

rezident owtsidr


I dont recall you saying if you are actually making money in stocks.

You do alot uv cheering, but how much do you hav riding on this ponzi skeem?

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com

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Saturday, September 1, 2018 1:53 PM

JEWELSTAITEFAN


Quote:

Originally posted by JO753:
I dont recall you saying if you are actually making money in stocks.

You do alot uv cheering, but how much do you hav riding on this ponzi skeem?

I'm not involved with Social Security. Or did you have a different Ponzi Scheme in mind?

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Wednesday, September 5, 2018 1:10 AM

JEWELSTAITEFAN


Dow closed today at 25,952. This is the 37th day in a row over 25K, and the 13th day over 25,500.
Previously, the longest streak over 25,500 was for 15 days, starting 11 January.

This is the 18th highest Close in the history of the Dow.


Obviously, the true value of the Dow is still around 15,000 - as believed by JO.

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Wednesday, September 5, 2018 2:47 AM

6IXSTRINGJACK

[/i]


Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by JO753:
I dont recall you saying if you are actually making money in stocks.

You do alot uv cheering, but how much do you hav riding on this ponzi skeem?

I'm not involved with Social Security. Or did you have a different Ponzi Scheme in mind?



He said this Ponzi Scheme, presumably referring to the the thread title and what you seem to blather on about nearly every single day.

Do Right, Be Right. :)

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Wednesday, September 5, 2018 5:37 AM

JEWELSTAITEFAN


Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by JO753:
I dont recall you saying if you are actually making money in stocks.

You do alot uv cheering, but how much do you hav riding on this ponzi skeem?

I'm not involved with Social Security. Or did you have a different Ponzi Scheme in mind?


He said this Ponzi Scheme, presumably referring to the the thread title and what you seem to blather on about nearly every single day.

Do Right, Be Right. :)

Which Ponzi Scheme? The only Ponzi Scheme that I've seen masquerading as a Retirement Fund or Safety Net is FDR's Ponzi Scheme aka Social Security.

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Wednesday, September 5, 2018 8:50 AM

6IXSTRINGJACK

[/i]


Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by JO753:
I dont recall you saying if you are actually making money in stocks.

You do alot uv cheering, but how much do you hav riding on this ponzi skeem?

I'm not involved with Social Security. Or did you have a different Ponzi Scheme in mind?


He said this Ponzi Scheme, presumably referring to the the thread title and what you seem to blather on about nearly every single day.

Do Right, Be Right. :)

Which Ponzi Scheme? The only Ponzi Scheme that I've seen masquerading as a Retirement Fund or Safety Net is FDR's Ponzi Scheme aka Social Security.



Don't worry about it buddy. Anybody who has ever fallen for a Ponzi Scheme in the history of Ponzi Schemes didn't recognize the fact they were dumping their money into a Ponzi Scheme.

The USD itself is a Ponzi Scheme we're all forced into at this point anyhow, so any way you look at it you lose.

Do Right, Be Right. :)

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Wednesday, September 5, 2018 8:25 PM

JEWELSTAITEFAN


Dow closed today at 25,974. This is 38 days in a row over 25K, and 14 days over 25,500.

This is the 17th highest close in history. And the 5th highest close since January.


S&P 500 closed at 2,888. This is the 7th highest in history, following the prior 6 closes.

NASDAQ closed at 7,995. This is the 7th highest close in history, following the prior 6 closes.


Tomorrow the Jobless Claims report comes out.

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Thursday, September 6, 2018 4:48 AM

JEWELSTAITEFAN


Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by JO753:
I dont recall you saying if you are actually making money in stocks.

You do alot uv cheering, but how much do you hav riding on this ponzi skeem?

I'm not involved with Social Security. Or did you have a different Ponzi Scheme in mind?


He said this Ponzi Scheme, presumably referring to the the thread title and what you seem to blather on about nearly every single day.

Do Right, Be Right. :)

Which Ponzi Scheme? The only Ponzi Scheme that I've seen masquerading as a Retirement Fund or Safety Net is FDR's Ponzi Scheme aka Social Security.


Don't worry about it buddy. Anybody who has ever fallen for a Ponzi Scheme in the history of Ponzi Schemes didn't recognize the fact they were dumping their money into a Ponzi Scheme.

The USD itself is a Ponzi Scheme we're all forced into at this point anyhow, so any way you look at it you lose.

Do Right, Be Right. :)

You confusing Ponzi Scheme with Legal Tender makes me think you don't understand Ponzi Scheme.

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Thursday, September 6, 2018 10:24 PM

JEWELSTAITEFAN


Dow closed today at 25,995. This is the 39th trading day in a row over 25K, and the 15th over 25,500. This ties the previous streak at 15 days, set in January.

This is the 4th highest Close since January. And the 16th Highest in history.


S&P 500 closed at 2,878. This is the 8th highest in history.

NASDAQ closed at 7,922. This is the 10th highest in history, following behind the previous 9 trading days.

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Thursday, September 6, 2018 11:30 PM

6IXSTRINGJACK

[/i]


Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by JO753:
I dont recall you saying if you are actually making money in stocks.

You do alot uv cheering, but how much do you hav riding on this ponzi skeem?

I'm not involved with Social Security. Or did you have a different Ponzi Scheme in mind?


He said this Ponzi Scheme, presumably referring to the the thread title and what you seem to blather on about nearly every single day.

Do Right, Be Right. :)

Which Ponzi Scheme? The only Ponzi Scheme that I've seen masquerading as a Retirement Fund or Safety Net is FDR's Ponzi Scheme aka Social Security.


Don't worry about it buddy. Anybody who has ever fallen for a Ponzi Scheme in the history of Ponzi Schemes didn't recognize the fact they were dumping their money into a Ponzi Scheme.

The USD itself is a Ponzi Scheme we're all forced into at this point anyhow, so any way you look at it you lose.

Do Right, Be Right. :)

You confusing Ponzi Scheme with Legal Tender makes me think you don't understand Ponzi Scheme.



Easy thing to get confused when said legal tender isn't actually backed up by anything.

Do Right, Be Right. :)

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Friday, September 7, 2018 11:14 AM

JO753

rezident owtsidr


An interesting idea thats been bandied about here iz to giv everybody stock az a solution to the automation 'problem'.

Expanding the social security system to bekum an unconditional minimum pay system iz another solution.

They can both work together to keep the ponzi skeem we call sivilization going after the machinez take over all work.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com

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Friday, September 7, 2018 12:30 PM

6IXSTRINGJACK

[/i]


It really is all a Ponzi Scheme, isn't it J0?

Every Single Thing.



Nike spending millions on advertisements, selling shoes that we buy for hundreds, that were made by 10 year old kids for pennies.

And poor Colin Kaepernick on the very bottom after having sacrificed everything for what he believed in.

Do Right, Be Right. :)

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Saturday, September 8, 2018 2:38 AM

JEWELSTAITEFAN


Dow closed today at 25,916. This is the 40th day in a row over 25K, and the 16th in a row over 25,500.




Apparently tech stocks, and FAAMG are in a tizzy because all those Libtard companies have spent so much treasure Colluding with Russians meddling in Elections, and violating Privacy, and tracking everybody, and spying on everybody, and selling everyb.....oops, Imean "getting Breached" or "hacked" to expose everybody's Personal data - and now they're afraid of a crackdown where they might be required to start abiding the Law for a change. And now that their nonstop censorship and secret banning of Conservatives is being exposed, they get little sympathy from any quarter.
Boo hoo.



The monthly update from CBO comes out Monday 10 September.

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Saturday, September 8, 2018 10:57 AM

JO753

rezident owtsidr


Quote:

Originally posted by 6IXSTRINGJACK:
It really is all a Ponzi Scheme, isn't it J0?

Every Single Thing.



A big chunk uv everything iz stolen. If not from another human, then from animalz.

Even wen we are mining, the surrounding envirement iz often destroyed or degraded.

Eventually there wont be anything left to steal and the entire mess collapsez. Everybody hoo figured 'I'll get mine, to hell with everybody else' will be wondering wi their money cant buy a jar uv peanut butter wen they are starving to deth in their mansionz.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com

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Tuesday, September 11, 2018 12:30 AM

JEWELSTAITEFAN


Dow closed today at 25,857. This is the 41st trading day in a row over 25K, and the 17th over 25,500. The prior longest streak over 25K was 21 days, starting in January.


S&P500 closed at 2,877. Prior to 27 August, it had never closed that high.

NASDAQ closed at 7,924. Prior to 24 August it had not closed that high.

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Tuesday, September 11, 2018 2:49 AM

6IXSTRINGJACK

[/i]


Sounds like it's pretty stagnant overall these days. It's a precarious place to be when there's nowhere left to go but down.

Do Right, Be Right. :)

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Wednesday, September 12, 2018 12:26 AM

JEWELSTAITEFAN


Dow closed today at 25,971. That is the 42nd day in a row over 25K, since 13 July. The prior record streak was 21 days, in January. It is the 18th day over 25,500.

This is the 18th highest close in history, and the 6th highest close since January.


S&P 500 closed at 2,887. This is the 8th highest close in history.

NASDAQ closed at 7,972. This is the 8th highest close in history.

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Wednesday, September 12, 2018 12:34 AM

JEWELSTAITEFAN


Quote:

Originally posted by 6IXSTRINGJACK:
Sounds like it's pretty stagnant overall these days. It's a precarious place to be when there's nowhere left to go but down.

Do Right, Be Right. :)

Nowhere left to go.....
Sure.


I wish I had more $ to put in before it continues to rise. We might be able to buy for cheap from folk like you.

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Wednesday, September 12, 2018 7:35 AM

6IXSTRINGJACK

[/i]


Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by 6IXSTRINGJACK:
Sounds like it's pretty stagnant overall these days. It's a precarious place to be when there's nowhere left to go but down.

Do Right, Be Right. :)

Nowhere left to go.....
Sure.


I wish I had more $ to put in before it continues to rise. We might be able to buy for cheap from folk like you.



That would be a neat trick. It would require a time machine. I haven't had a dime in the DOW since I cashed out before buying my house free and clear.

The house has been paid for six years. At this point, it has paid for itself with the money that I don't pay in rent every month. I figure I'm "making" about 1k per month right now by not having rent or a mortgage. That's a good thing since I'm only saving about $500 bucks a month at the moment.



Do Right, Be Right. :)

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Wednesday, September 12, 2018 7:39 AM

CAPTAINCRUNCH

... stay crunchy...


Quote:

Originally posted by JEWELSTAITEFAN:
Dow closed today at 25,971. That is the 42nd day in a row over 25K, since 13 July. The prior record streak was 21 days, in January. It is the 18th day over 25,500.

This is the 18th highest close in history, and the 6th highest close since January.


S&P 500 closed at 2,887. This is the 8th highest close in history.

NASDAQ closed at 7,972. This is the 8th highest close in history.



You sound like that guy who brags about inching further and further out on that limb... "I could go forever." Naw, markets go up and they go down - law of nature. When Trump gets impeached - if not sooner - the crash will come. Putin chose well.

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Wednesday, September 12, 2018 8:15 AM

JEWELSTAITEFAN


Quote:

Originally posted by captaincrunch:
Quote:

Originally posted by JEWELSTAITEFAN:
Dow closed today at 25,971. That is the 42nd day in a row over 25K, since 13 July. The prior record streak was 21 days, in January. It is the 18th day over 25,500.

This is the 18th highest close in history, and the 6th highest close since January.


S&P 500 closed at 2,887. This is the 8th highest close in history.

NASDAQ closed at 7,972. This is the 8th highest close in history.


You sound like that guy who brags about inching further and further out on that limb... "I could go forever." Naw, markets go up and they go down - law of nature. When Trump gets impeached - if not sooner - the crash will come. Putin chose well.

All variety of Nostradoofus wandering around here.

You sound like Chicken Little.

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Wednesday, September 12, 2018 8:18 AM

JEWELSTAITEFAN


I notice our post ID number has gone over 1,060,000. Was about 367 ago, I missed it earlier.
It happened early 5 September.

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Thursday, September 13, 2018 12:57 AM

JEWELSTAITEFAN


Dow closed today at 25,998. This is the 4th highest since January, and the 16th highest in history.

This is the 43rd trading day in a row over 25K, since 13 July - or 2 calendar months. And the 19th day Closing over 25,500.


S&P 500 closed at 2,888. That is the 8th highest Close in history.

Tomorrow the Jobless Claims are reported.

Yup. Nowhere to go but down, as of yesterday.

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Thursday, September 13, 2018 7:41 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly


Quote:

Originally posted by JEWELSTAITEFAN:

Yup. Nowhere to go but down, as of yesterday.

Wrong! Could continue into 2020 per article at Barron's
www.barrons.com/articles/why-the-bull-market-could-end-in-2020-1530317
447?mod=barpkt19


Why the Bull Market Could End in 2020
By Ben Levisohn, June 30, 2018

To understand why 2020 should loom large in investors’ vision, keep in mind the reasons that the past nine years have been so good. Some might call post-financial-crisis growth in the U.S. lackluster; it has also been remarkably consistent, never climbing by more than 2.9% or by less than 1.5% in any calendar year since 2010. And inflation has been subdued, as well, creating the Goldilocks environment that was neither too hot nor too cold.

The latest fiscal stimulus — the tax cuts — changes that. Congress passed $1.5 trillion of them over a 10-year period, while also increasing spending by some $300 billion over two years. The Peterson Institute for International Economics puts the total impact at an additional 0.5% of gross domestic product by 2020.

Companies have used that cash to repurchase shares, increase dividends, buy competitors, and invest in their businesses. All of that activity looks set to have a big impact, though the question remains how big. Economists expect the U.S. economy to grow at a 2.9% clip in 2018, up from 2.3% in October. And that economic growth has also translated to a big boost in earnings projections, as corporations are expected to see profits rise by 21% in 2018 and 10% in 2019.

Like any artificial high, the good feelings won’t last forever. By the end of 2019, the last of the fiscal intoxication should have worn off, and the hangover could begin. Economists expect the U.S. economy to expand by 1.9% in 2020, and earnings to increase by 10%.

“The tax stimulus is designed to be very front-loaded in the lift it gives to economy,” Morgan Stanley chief U.S. economist Ellen Zentner says. “You have to deal with the hole on the other side.”

The stimulus, however, isn’t occurring in a vacuum. The Fed is already raising interest rates, and is doing so at a faster pace than some investors had counted on. At its current pace of a hike every three months, the federal-funds rate should hit a range of 3.25% to 3.5% by the end of 2019, up from 1.75% to 2% currently.

At the same time, the Fed is shrinking its behemoth balance sheet. That means monetary policy could be hitting its tightest levels just as the impact of the government stimulus begins to wear off.

Much more at www.barrons.com/articles/why-the-bull-market-could-end-in-2020-1530317
447?mod=barpkt19



The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Thursday, September 13, 2018 11:33 PM

JEWELSTAITEFAN


Dow closed today at 26,145. That is the highest Close since January. Around the 9th highest Close in history.
That is the 44th trading day in a row over 25K, since 13 July. And the 20th day over 25,500 - since 16 August.

S&P closed at 2,904. That is the 2nd highest close in history.

NASDAQ closed at 8,013. This is the 7th highest close in History.


Yup. Rumor has it that there is nowhere to go but down, as of a few days ago. Much like the cerebral insight which kicked off this thread.

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Thursday, September 13, 2018 11:46 PM

JEWELSTAITEFAN


Quote:

Originally posted by second:
Quote:

Originally posted by JEWELSTAITEFAN:

Yup. Nowhere to go but down, as of yesterday.

Wrong! Could continue into 2020 per article at Barron's
www.barrons.com/articles/why-the-bull-market-could-end-in-2020-1530317
447?mod=barpkt19


Why the Bull Market Could End in 2020
By Ben Levisohn, June 30, 2018

Did you miss the 2 Nostradoofus that I was paraphrasing, or quoting?

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Friday, September 14, 2018 12:50 AM

JEWELSTAITEFAN


I will try to notate the Top Ten Dow Closes, so that other folk might follow along.

1. 26,616 26 January 2018.
2. 26,439 28 January 2018.
3. 26,394 25 January 2018.
4. 26,252 24 January 2018.
5. 26,214 22 January 2018.
6. 26,210 23 January 2018.
7. 26,185 31 January 2018.
8. 26,149 30 January 2018
9. 26,145 13 September 2018.
10. 26,124 29 August 2018.

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