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Thread: Getting very Late in the Game...

  1. #1

    Question Getting very Late in the Game...

    Does anyone want to Venture a Guess as to the Next stop for the Dow by this years End?

    anyone think we see 27,000 or 28,000?
    x3

  2. #2

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    It's going to bomb. It's way over bought and looks like its forming a double top reversal. Once it touches the 1st top. Roughly 26,600 ish again, its gonna dive hard.

    Plus this weekend is a holiday weekend, it's a death trap.
    Last edited by jhwatts2010; 08-29-2018 at 08:01 PM.

  3. #3

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    Quote Originally Posted by silverone View Post
    Does anyone want to Venture a Guess as to the Next stop for the Dow by this years End?

    anyone think we see 27,000 or 28,000?
    I'm not big on predictions but I'd be surprised if we see the DOW as high as 24K at the end of this year. My thought is that a serious drop will take place this fall. In anticipation of that, I took some profits off the table late last week.

    The DOW hitting 27 or 28K this year? I doubt it.

    I'd be interested in your prediction, silverone.

  4. #4

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    Quote Originally Posted by BodieGhost View Post

    I'd be interested in your prediction, silverone.
    Well Bodie you know I'm not stock guy.
    However, I see no reason the "market"
    can't go higher as long as the (printing)
    and bond rates stay low enough...
    Christmas should be Telling this year.
    x3

  5. #5

    Default

    Since the markets are all rigged it's hard to say.

    It may well be that the stock market is the safest place to be in a crash. It might lose the least value.

    It may be that it is the most dangerous place since it's way over bought.

    Nobody knows except a slect few at the Federal Reserve doing the rigging.

  6. #6

    Default

    I don't know where Americans are going to get a whole lot more money to spend on the holidays this year as they had last year but they will, tax breaks, trade wars, etc, jobs are here, anyone can get one and work their way up, etc

    No reason 28-30k couldn't be achieved even through the holidays, such robust numbers

    and just think:
    Trump hasn't even finished shaving the hair off the legs of the rocking chair in the Oval Office and come October,
    give him another Omnibus cause the Military's going to need some of it where Planned Parenthood won't


    LOL

    where's the popcorn?
    Honor for US, Justice for Our Children! Now!

  7. #7

    Default

    Quote Originally Posted by Silvercoin View Post
    Since the markets are all rigged it's hard to say.

    It may well be that the stock market is the safest place to be in a crash. It might lose the least value.

    It may be that it is the most dangerous place since it's way over bought.

    Nobody knows except a slect few at the Federal Reserve doing the rigging.
    Yeah, it's probably nothing..
    but, that "market" (in China)
    the Hang Seng Index dropped
    again Last night -729 points..
    down now to 27,243.
    x3

  8. #8
    Join Date
    Jun 2008
    Posts
    3,144

    Default

    My thoughts, as usual, are stock markets will continue to increase as long as real short term
    interest rates are negative. This has been the case since the last recession.
    Two caveats to this. If inflation gets over 4.5% the market will tank, no matter what the rates are( this will happen eventually with continuous real negative interest rates) and
    the market may take a short time to tank after real interest rates go positive. ( work through system, but will not take long)
    Credit expansions built on cheap money fuel bubbles. The market can burst very soon or could run a few more years. It just depends how severe a recession those in control
    will be able to tolerate.

  9. #9

    Default

    Hang Seng continues to drop.. 26,974 after last night.
    x3

  10. #10

    Default

    Quote Originally Posted by silverone View Post
    Hang Seng continues to drop.. 26,974 after last night.
    Another -360 point drop Last Night 26,613 Now.
    x3

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