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Re: Dow hits 13,000 for the first time...
Old 04-25-2007, 01:29 PM   #21
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Re: Dow hits 13,000 for the first time...

Quote:
Quote:
Or maybe not.
That pretty much sums up all the analysis I've seen in the last year or so...
well, that's only the half of it ... the other half is the original "maybe"
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Re: Dow hits 13,000 for the first time...
Old 04-25-2007, 01:47 PM   #22
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Re: Dow hits 13,000 for the first time...

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Originally Posted by saluki9
Totally meaningless

It may cause some new flows from the retail side but nothing worth getting excited about
Give the man a cigar !
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Re: Dow hits 13,000 for the first time...
Old 04-25-2007, 01:53 PM   #23
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Re: Dow hits 13,000 for the first time...

I almost did some market timing today. In my after tax account, I have mostly VG 500 Index funds plus money market. The MM is down to an amount that would last about 1 year, and I thought I might just move 10K from the index fund to the MM.

Went through half the online exchange procedure then, said "Nahh -- that would be market timing!"

So, expect a big correction tomorrow.
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Re: Dow hits 13,000 for the first time...
Old 04-25-2007, 02:09 PM   #24
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Re: Dow hits 13,000 for the first time...

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Originally Posted by TromboneAl


Went through half the online exchange procedure then, said "Nahh -- that would be market timing!"
Not too late Al - about 13090 and climbing.
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Re: Dow hits 13,000 for the first time...
Old 04-25-2007, 02:10 PM   #25
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Re: Dow hits 13,000 for the first time...

I never understood the excitement about stocks hitting a new high. In a country with the population hitting a new high each day, and the GDP hitting a new high almost every day, shouldn't you expect the stock market to also be hitting a new high almost every day?

The fact that it doesn't simply means that stocks aren't completely rooted in fundamentals.
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Re: Dow hits 13,000 for the first time...
Old 04-25-2007, 02:11 PM   #26
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Re: Dow hits 13,000 for the first time...

Quote:
Originally Posted by TromboneAl

Went through half the online exchange procedure then, said "Nahh -- that would be market timing!"
Al, I did something similar with two major differences:

- Followed all the way through with my online exchange procedure
- Rather than try to time the market, I 'rebalanced'

...Bring on the correction!

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Re: Dow hits 13,000 for the first time...
Old 04-25-2007, 02:32 PM   #27
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Re: Dow hits 13,000 for the first time...

Well, you can really tell it's made Maria B's day!

Audrey
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Re: Dow hits 13,000 for the first time...
Old 04-25-2007, 02:52 PM   #28
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Re: Dow hits 13,000 for the first time...

Quote:
Originally Posted by frayne
Give the man a cigar !
Please make it a CAO Brazillia or a Arturo Fuente 8-5-8 please

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Re: Dow hits 13,000 for the first time...
Old 04-25-2007, 03:05 PM   #29
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Re: Dow hits 13,000 for the first time...

My what a bunch of party poopers.Yes I know it is pretty meaningless, but I'm happy seeing a bunch of up indicator next to my positions. Plus many of my stock raised their dividends this quarter, now that is something to celebrate. 8)
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Re: Dow hits 13,000 for the first time...
Old 04-25-2007, 03:16 PM   #30
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Re: Dow hits 13,000 for the first time...

I threw some options out the window today. Scooped up some calls on one of my holdings when t he market fell apart at the end of Feb, and let them go today. Nice profit plus I still have my core position in the stock.
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Re: Dow hits 13,000 for the first time...
Old 04-25-2007, 03:50 PM   #31
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Re: Dow hits 13,000 for the first time...

I got excited; went to the gym. But, I'm gonna log into Vanguard a little after 6 pm and see what my take is.... just for kicks, don't ya know. Then, I'm gonna repeat yesterday's action, and do nothing....
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Re: Dow hits 13,000 for the first time...
Old 04-25-2007, 04:05 PM   #32
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Re: Dow hits 13,000 for the first time...

Actually, I'll be more interested when the S&P500 crosses 1500. Specifically 1526 which would be an all-time high for S&P500, and represent the end of a very long time "underwater".

We're getting pretty darn close.

NASDAQ crossing 5000? Gosh, that might be well past 2010.

Audrey
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Re: Dow hits 13,000 for the first time...
Old 04-25-2007, 04:38 PM   #33
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Re: Dow hits 13,000 for the first time...

In hex notation, we're about to cross 32C8 on the Dow. Where were the news agencies when we crossed 3000h on the Dow? or 1111111111 binary on the S&P? I think it's a conspiracy.

:P :P

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Re: Dow hits 13,000 for the first time...
Old 04-25-2007, 07:06 PM   #34
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Re: Dow hits 13,000 for the first time...

Our international ETF (PID) was up over 3% and our portfolio popped over 1%.

Up 4.6% YTD. I'd sure hate to have been out of the market today...
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Re: Dow hits 13,000 for the first time...
Old 04-25-2007, 09:57 PM   #35
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Re: Dow hits 13,000 for the first time...

Biggest weiners today:

VWO up 1.42%
PCRIX up 1.37%
VFINX ip 1.03%

Up 5.6% ytd...

Baby needs new shoes!
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Re: Dow hits 13,000 for the first time...
Old 04-25-2007, 10:20 PM   #36
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Re: Dow hits 13,000 for the first time...

Quote:
Originally Posted by SecondCor521
In hex notation, we're about to cross 32C8 on the Dow. Where were the news agencies when we crossed 3000h on the Dow? or 1111111111 binary on the S&P? I think it's a conspiracy.

:P :P

2Cor521
Reminds me of my buddy that once bought a lottery ticket and picked the numbers 1-2-3-4-5-6, to which his dad says "What are you some kind of idiot, what are the chances of that coming up?"

- John
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Re: Dow hits 13,000 for the first time...
Old 04-26-2007, 12:23 AM   #37
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Re: Dow hits 13,000 for the first time...

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Originally Posted by runchman
Reminds me of my buddy that once bought a lottery ticket and picked the numbers 1-2-3-4-5-6, to which his dad says "What are you some kind of idiot, what are the chances of that coming up?"

- John
Hey, that's the combination to my luggage
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Re: Dow hits 13,000 for the first time...
Old 04-26-2007, 01:45 AM   #38
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Re: Dow hits 13,000 for the first time...

That's a combination to my ATM card I realized how dangerous it was.

Once, I was able to crack into my ex boyfriend's hotmail account with the same combination...turned out he had impregnated his then "fling" and she had gone to abortion without his knowledge. Fuih....glad I lose that punk!
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Re: Dow hits 13,000 for the first time...
Old 04-26-2007, 06:09 AM   #39
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Re: Dow hits 13,000 for the first time...

Quote:
Originally Posted by runchman
Reminds me of my buddy that once bought a lottery ticket and picked the numbers 1-2-3-4-5-6, to which his dad says "What are you some kind of idiot, what are the chances of that coming up?"

- John
Actually that combo happen in PA lottery, it turned out it was fixed, the ping-pong
balls had been weighted, so only the non weighted one came up in what was suppose
to a completely random drawing. If the crooks had only pick a more random number
they would have got away with it, but almost everybody was saying that exact same
thing, "what are the chances...", so they investigated and rest is history.
TJ
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Re: Dow hits 13,000 for the first time...
Old 04-26-2007, 09:00 AM   #40
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Re: Dow hits 13,000 for the first time...

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Originally Posted by teejayevans
"what are the chances...", so they investigated and rest is history.
Well, the thing is, the chances are exactly the same as for any other numeric combination!!! Why don't people understand that?

Audrey
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