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Old 07-03-2014, 11:04 AM   #1
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17,000

DOW 17,000........Can I go hear a WHEEEEEEEE.
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Old 07-03-2014, 11:09 AM   #2
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Nope, market hasn't closed above 17,000 yet.
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Old 07-03-2014, 11:17 AM   #3
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Yeah, to be fair, I think we should hold our whee for about 44 minutes...
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Old 07-03-2014, 11:18 AM   #4
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Cross your legs fingers...
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Old 07-03-2014, 11:18 AM   #5
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Yeah, to be fair, I think we should hold our whee for about 44 minutes...
+1 We need to wait until the market closes, it seems to me.....
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Old 07-03-2014, 11:55 AM   #6
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I went back to look -- in November 2013 I asked for advice on whether to get back into the market after having sat on the sidelines for last 5 years in a stupid money market, missing the five year ride back up.

After reflecting on the advice given here I picked an AA I could live with (65/35) and went all in at once.

$70K up so far this year! Of course, I recognize it could have and still could go the other way.

You can't time the market.

Wheeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee!
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Old 07-03-2014, 12:01 PM   #7
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Okay, it closed over 17,000. NOW let the celebrations begin!
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Old 07-03-2014, 12:08 PM   #8
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yay, now I can whee!
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Old 07-03-2014, 12:08 PM   #9
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The timing was interesting. So what will a long holiday produce?
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Old 07-03-2014, 12:14 PM   #10
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Okay, it closed over 17,000. NOW let the celebrations begin!
And dare I say (shhh!),

"Wheeeeeeeeeee!!!"

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Old 07-03-2014, 12:16 PM   #11
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Oh boy...
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Old 07-03-2014, 12:19 PM   #12
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hmm, wonder if I should've done a rebalance today? If I had, then the market would have shot up on Monday. But since I didn't, I predict it drops.
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Old 07-03-2014, 12:34 PM   #13
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The timing was interesting. So what will a long holiday produce?
Hangovers, sunburns, and indigestion.
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Old 07-03-2014, 12:44 PM   #14
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hmm, wonder if I should've done a rebalance today? If I had, then the market would have shot up on Monday. But since I didn't, I predict it drops.
I thought about that, but got distracted and lost track of time. More evidence of a likely drop on Monday.
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Old 07-03-2014, 03:09 PM   #15
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I took the opportunity to do a little selling and replenish my cash buffer.
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Old 07-03-2014, 03:28 PM   #16
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I don't think there will be a drop longer term. This IMO is a Nirvana economy, at least for right now.
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Old 07-03-2014, 03:36 PM   #17
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DOW 17,000 is so yesterday. DOW 20,000 here we come!
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Old 07-03-2014, 03:56 PM   #18
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Most analysts are tracking the S&P 500, not Dow. Dow set to outperform S&P in second half?
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Old 07-03-2014, 04:09 PM   #19
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After reading these posts I am certain of a correction in the near term.
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Old 07-03-2014, 04:16 PM   #20
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There are on average 3 to 4 corrections a year. You have to look at the current environment and trend to really determine where things are going economy wise. At the moment they're good but you never know.

Happy 4th!
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