SteadyMercury
Gold Member
- Jan 1, 2013
- 4,731
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I think we will see something around 10,000 to 11,000 or so, not 5,000 on the DOW.
Just like last time you made that call and the market went the other way?
Don't quit your day job, rube.
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I think we will see something around 10,000 to 11,000 or so, not 5,000 on the DOW.
As a "top investor," I too have started dumping stocks.
Having said that, I would pay little attention to "technicians" calling for a 70% decline in the market.
As a "top investor," I too have started dumping stocks.
Having said that, I would pay little attention to "technicians" calling for a 70% decline in the market.
Toro, can you define "dumping"? what percentage did you sell?
As a "top investor," I too have started dumping stocks.
Having said that, I would pay little attention to "technicians" calling for a 70% decline in the market.
Toro, can you define "dumping"? what percentage did you sell?
As a "top investor," I too have started dumping stocks.
Having said that, I would pay little attention to "technicians" calling for a 70% decline in the market.
Yeah, 70% sounds a bit extreme to me as well. We see that kind of downturn and I think we will have a lot more problems than mere stock values.
I think we will see something around 10,000 to 11,000 or so, not 5,000 on the DOW.
This so called "news article" has been repeated since a year ago. If you scroll down you will see that they are trying to sell a $47 book or newsletter. Someone in the Kitko forum exposed this phony "news article" with several links.Top Investers Start Dumping Stocks, Signal to Exit DOW?
This so called "news article" has been repeated since a year ago. If you scroll down you will see that they are trying to sell a $47 book or newsletter. Someone in the Kitko forum exposed this phony "news article" with several links.Top Investers Start Dumping Stocks, Signal to Exit DOW?
And aren't you all glad that Social Security funds are not dependent on the stock market?
Hmmmmmmmm ??
~
Lots of potential exogenous shocks from the EU, Far East and technology. The fed can't do squat about that.The theme for the last few years has been "Don't fight the Fed". Do you really think they are going to yank the carpet out from under the stock market? They're going to do all they can to keep QE Infinity going as Peter Schiff calls it.
You nailed it. There are so many of these threads talking about the coming crash, it is hilarious to read through them and imagine how much money it would cost people if they followed through on their claims of going to cash.Yawn.....
Stock prices fluctuate. But over time, there is no better place to grow your money than the Stock (and bond) market. Individual investors make the mistake of allowing emotions to intervene- they buy at market tops and sell at bottoms. The only antidote to this is a PLAN.
An Investment policy statement (IPS) is a statement that defines general investment goals and objectives. It describes the strategies that will be used to meet these objectives and contains specific information on subjects such as asset allocation, risk tolerance, and liquidity requirements.
My advice? Create an IPS and stick with it- over the long haul you'll come out way ahead.