Official Dow 10,000 thread

[Paulie]

I think that if we work through the excess of inventory of housing, prices would start to rise. I do believe the government is targeting real estate prices. They want to keep house prices up to stem the defaults in the banking system.

Could you wager a guess on how long you think we have left before housing prices start rising in any kind of significant fashion?

We're about a year away from buying our first house, possibly sooner. The area we're looking at has an overloaded inventory, and prices for middle class "dream homes" in that area are around 200k and even less.

I'd love to think we could still get in at or under 200k by the time we're ready.

 

[Toro]

I have no idea. But if you find a house you like and can afford it and it is reasonably priced, you should buy it because it is more than an investment. It is a place to live.

 

[DavidS]

Damn - I'm within 700 points and we still have two months left!

 

[davidss]

Damn - I'm within 700 points and we still have two months left!

527 points now.

 

[elvis]

that's cute, dave.

 

[mal]

Call me a pessimist but I think we will see 6000 before we see 10000, because of what xsited said pretty much, people are going to make some profits and bail when the government cheese ends and then we will also see some kick ass inflation that will exceed any gains for the next several years.

JR, you are a Pessimist... You need stop Hangin' out with all those End of Worlder "Libertarians"...

Did we ever see 6,000?...



peace...

 

[DavidS]

Damn - I'm within 700 points and we still have two months left!

527 points now.

Damn 629 points... not a good day. We've got a little over a month left.

 

[mal]

Damn - I'm within 700 points and we still have two months left!

527 points now.

Damn 629 points... not a good day. We've got a little over a month left.

Easy... One more "Good News" in Jobs Reports and it will Break 10K...

I've almost Regained all of my Losses... Of course I've lost almost 2 Years of Time, but at least I ain't Broke, and I Boughtened those Shares in the Last Year and Half CHEAP!...

Bring it!



peace...

 

[DavidS]

527 points now.

Damn 629 points... not a good day. We've got a little over a month left.

Easy... One more "Good News" in Jobs Reports and it will Break 10K...

I've almost Regained all of my Losses... Of course I've lost almost 2 Years of Time, but at least I ain't Broke, and I Boughtened those Shares in the Last Year and Half CHEAP!...

Bring it!



peace...

I should've gone into Ford at $1 and gone into Apple at $80 earlier this year. Ford is at $7.50 and Apple is at $165. Would've octuppled my returns on Ford and doubled them with Apple.

 

[Paulie]

Damn 629 points... not a good day. We've got a little over a month left.

Easy... One more "Good News" in Jobs Reports and it will Break 10K...

I've almost Regained all of my Losses... Of course I've lost almost 2 Years of Time, but at least I ain't Broke, and I Boughtened those Shares in the Last Year and Half CHEAP!...

Bring it!



peace...

I should've gone into Ford at $1 and gone into Apple at $80 earlier this year. Ford is at $7.50 and Apple is at $165. Would've octuppled my returns on Ford and doubled them with Apple.

Do we need to resurrect the thread where you said you already had a large position in Apple?

You know, the one where you were mulling over whether or not to sell back when Jobs left on hiatus because of his health?

 

[DavidS]

Easy... One more "Good News" in Jobs Reports and it will Break 10K...

I've almost Regained all of my Losses... Of course I've lost almost 2 Years of Time, but at least I ain't Broke, and I Boughtened those Shares in the Last Year and Half CHEAP!...

Bring it!



peace...

I should've gone into Ford at $1 and gone into Apple at $80 earlier this year. Ford is at $7.50 and Apple is at $165. Would've octuppled my returns on Ford and doubled them with Apple.

Do we need to resurrect the thread where you said you already had a large position in Apple?

You know, the one where you were mulling over whether or not to sell back when Jobs left on hiatus because of his health?

Yes, please.

 

[Paulie]

I should've gone into Ford at $1 and gone into Apple at $80 earlier this year. Ford is at $7.50 and Apple is at $165. Would've octuppled my returns on Ford and doubled them with Apple.

Do we need to resurrect the thread where you said you already had a large position in Apple?

You know, the one where you were mulling over whether or not to sell back when Jobs left on hiatus because of his health?

Yes, please.

http://www.usmessageboard.com/stock-market/67426-sell-apple-sell-apple.html

I've had 5000 shares of Apple at $150/share for a while.

 

[DavidS]

http://finance.yahoo.com/q?s=^DJI

Almost 500 points away from my prediction and still more than a month left!!

 

[Paulie]

Prediction?

You threw a fucking number out there and might just get lucky enough for it to be right.

You "predicted" nothing.

 

[DavidS]

Prediction?

You threw a fucking number out there and might just get lucky enough for it to be right.

You "predicted" nothing.

I predicted it would hit 10,000 by the end of Summer.

Very close.

 

[wimpy77]

you predicted it would hit 10,000 by july.

 

[DavidS]

I thought it would hit 10,000 by the end of Summer. I was 3 weeks off. No one else had the balls to make the same call I did.

 

[Toro]

I thought it would hit 10,000 by the end of Summer. I was 3 weeks off. No one else had the balls to make the same call I did.

Indeed you did, Dave. Props!

 

[Paulie]

I thought it would hit 10,000 by the end of Summer. I was 3 weeks off. No one else had the balls to make the same call I did.

Would have been much more interesting had you given some technical or fundamental reasons why you came to the prediction.

Alas, it was just a wild guess and nothing more.

I did that once in roulette and walked out of the casino doing the snoopy shuffle the whole way.

I also did that in a hand of blackjack, and spent an hour trying to figure out how to break the bad news to the mrs.

In conclusion, wild guesses mean nothing.

What I'll give you though, is props for at least calling it during a time when it didn't seem remotely possible.

 

[Modbert]

In conclusion, wild guesses mean nothing.

What I'll give you though, is props for at least calling it during a time when it didn't seem remotely possible.

This, although if David had done something like this then maybe I'd be more impressed:

[ame=http://www.youtube.com/watch?v=sMFxfEjx3zo&feature=related]YouTube - Mike Blowers Prediction ''The Call Of The Year'' Seattle Mariners.09-29-2K9.[/ame]