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DOW - January as an indicator
Old 01-30-2009, 03:27 PM   #1
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DOW - January as an indicator

1/1 to 1/30........roughly a 9% drop
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Old 01-30-2009, 03:37 PM   #2
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January as an indicator is up there with skirt lengths and football winners, but it sure hasn't been any fun!

My personal indicator of the day is watch size. Some of you may know that watches have grown ever larger and more expensive all through this last growth phase, until at the peak of the Dow they peaked at the size of personal pan pizzas. Even Patek Philippe started enlarging some of their most classic designs.

Mark my words, when watch sizes start to drop, the bottom will be in, and it will be time to buy, buy, buy!
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Old 01-30-2009, 03:37 PM   #3
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Looks like another crappy year. Someone tell me again why an all cd portfolio is not a good thing.
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Old 01-30-2009, 03:51 PM   #4
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Someone tell me again why an all cd portfolio is not a good thing.
Because as soon as you surrender and put it all in CDs, we could hit bottom and another 1982-1999 could be upon us.
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Old 01-30-2009, 05:12 PM   #5
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Because as soon as you surrender and put it all in CDs, we could hit bottom and another 1982-1999 could be upon us.
That sounds good to me. Dawg, you're our buddy aren't you? Just give us a little heads up before you head down to the bank to buy all those CDs, so we can make our moves. Ziggy took one for the team with USO and we all love him for it. I still owe you a beer Ziggy - will be traveling through the Hill Country again at the end of February.
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Old 01-30-2009, 05:16 PM   #6
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BTW, I took over Ziggy's duties on USO. Of course I bought it at $30... I figure how can you go wrong contributing to USO.
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Old 01-30-2009, 05:30 PM   #7
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My personal indicator of the day is watch size. Some of you may know that watches have grown ever larger and more expensive all through this last growth phase, until at the peak of the Dow they peaked at the size of personal pan pizzas. Even Patek Philippe started enlarging some of their most classic designs.

Mark my words, when watch sizes start to drop, the bottom will be in, and it will be time to buy, buy, buy!
I just bought a bigger watch a couple of weeks ago. Unfortunately, my portfolio size hasn't kept up with my watch size.
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Old 01-30-2009, 05:47 PM   #8
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I found my watch the other day. Had not seen the darn thing for a couple of months. I wonder what that portends for the market.
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Old 01-30-2009, 05:54 PM   #9
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I never wear a watch anymore. Since I have a cell phone with me at all times, why do I need a watch? Heresy or LBYM?
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Old 01-30-2009, 06:18 PM   #10
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Because as soon as you surrender and put it all in CDs, we could hit bottom and another 1982-1999 could be upon us.
But we might also be in that 1968-1982 period. Anyone with a crystal ball on here?
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Old 01-30-2009, 06:27 PM   #11
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Looks like another crappy year. Someone tell me again why an all cd portfolio is not a good thing.
It just does not have the sheer entertainment value of:

Drum roll please - psssst Wellesley!



Ya can't just golf all the time. And football season is almost over. And besides I just like saying pssst Welelsey even though I have Target 2015.

Keep an eye on those Saint's next season - just you wait.

heh heh heh -
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Old 01-30-2009, 06:35 PM   #12
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Looks like another crappy year. Someone tell me again why an all cd portfolio is not a good thing.
Dawg an all cd portfolio is great! Just make sure ya get enuff of them.
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Old 01-30-2009, 07:16 PM   #13
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Dawg an all cd portfolio is great! Just make sure ya get enuff of them.
True. And I would have, 18 months ago. And no, I can't play golf all the time. Got to make time for eating and sleep.

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Old 01-30-2009, 07:22 PM   #14
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I never wear a watch anymore. Since I have a cell phone with me at all times, why do I need a watch? Heresy or LBYM?
phew - I'm not alone - I'm the same way - only use my cell phone, not carried a watch for years.
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Old 01-30-2009, 08:22 PM   #15
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But we might also be in that 1968-1982 period. Anyone with a crystal ball on here?
Didn't REWahoo have a crystal ball...or was it a disco ball?
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Old 01-30-2009, 08:25 PM   #16
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Didn't REWahoo have a crystal ball...or was it a disco ball?
Bowling...
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Old 01-30-2009, 08:40 PM   #17
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Oh...I'm sorry. I didn't realize it had holes in it.
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Old 01-30-2009, 09:29 PM   #18
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Oh...I'm sorry. I didn't realize it had holes in it.
Most crystal balls do.
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Old 01-31-2009, 12:12 AM   #19
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But we might also be in that 1968-1982 period. Anyone with a crystal ball on here?
I don't for sure. But I was investing during that period, and there were plenty opportunities to make money. Not easy "buy anything and they will make it go higher" opportunities, but good ones nonetheless.

Ha
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Old 01-31-2009, 07:24 AM   #20
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I don't for sure. But I was investing during that period, and there were plenty opportunities to make money. Not easy "buy anything and they will make it go higher" opportunities, but good ones nonetheless.
Well, Warren Buffett sure did pretty well then.

A flat to down market isn't too good for indexers, but for a good value-oriented stock picker, those are fertile hunting grounds for good businesses at depressed prices.
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