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OK Prognosticators, what's your call for the week ?
Old 02-11-2018, 11:50 AM   #1
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OK Prognosticators, what's your call for the week ?

My crystal ball is in the shop after suffering some serious crackage due to a high velocity meeting with a stationary object last Monday. So what's the call for this week on the ever eventful DOW, up, down, sideways ?

I'm SWAGing another interesting and volatile week, maybe up or down a grand either way, no more, no less !

What say the wise sages and prognosticators of the forum ?
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Old 02-11-2018, 11:54 AM   #2
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I'll refrain from commenting about whether or not prognosticators get pimples and hair growing on the palms of their hands.

I will admit that I have ZERO idea of what will happen in the market, and think it would be the ultimate in hubris to pretend that I do. Still, like most, I have irrational, completely unreliable hunches based on absolutely nothing. Mine tell me that the market will stay relatively stable for the first part of the week, and then continue to drop precipitously maybe starting next Thursday or Friday.

But who knows?

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Old 02-11-2018, 11:59 AM   #3
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Will definitely go up, if it doesn't fall.
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Old 02-11-2018, 12:04 PM   #4
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I have no idea what will happen, but I hope for at least a small increase so that I can sell all the equities that I bought last week.

I will say that this kind of reminds me of the time that Congress tried to default on debt in early August 2011 with a few up/down days of 4% each day:



Eventually, the bottom was reached late Sept-early October.
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Old 02-11-2018, 12:05 PM   #5
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I'll get back with you once I have a clear reading.....

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Old 02-11-2018, 12:58 PM   #6
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Without a doubt, the market will definitely _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _.

Once again, I've called it.
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Old 02-11-2018, 01:01 PM   #7
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I'll give a WAG (not even able to use the qualifying S)
Lots of ups and downs finishing S&P down 5%.
And I'll lose 5 lbs at the gym and dieting. Or maybe by taking the rocks out of my pocket.
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Old 02-11-2018, 01:01 PM   #8
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Perhaps watching Asian and European futures tonight will give us a clue?
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Old 02-11-2018, 01:08 PM   #9
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Quote:
Originally Posted by LOL! View Post
I have no idea what will happen, but I hope for at least a small increase so that I can sell all the equities that I bought last week.

I will say that this kind of reminds me of the time that Congress tried to default on debt in early August 2011 with a few up/down days of 4% each day:



Eventually, the bottom was reached late Sept-early October.
+1 on both what I will do, and also what the market will.
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Old 02-11-2018, 03:16 PM   #10
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Perhaps watching Asian and European futures tonight will give us a clue?
I don't trust them at all as they were not that helpful last week.
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Old 02-11-2018, 03:33 PM   #11
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my call: down slightly beginning of week to shake out the nervous investors and then mostly sideways rest of week

not really sure that all the international investors have reacted to the domestic market. may still have some reaction.... but i’ve seen some uptick on CD rates recently- - noticed because my old part of ladder just matured and held off until the new rates got priced in
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Old 02-11-2018, 03:48 PM   #12
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"It will fluctuate." -- J.P. Morgan
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Old 02-11-2018, 03:53 PM   #13
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Here it is, pulled right from my personal place where sun does not shine: 2 more weeks of continued volatility with a general downward trend. DOW bottom will be somewhere between 22000. and 23000. before returning to a upward trend as the bull is not yet dead.
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Old 02-11-2018, 03:57 PM   #14
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Quote:
Originally Posted by frayne View Post
My crystal ball is in the shop after suffering some serious crackage due to a high velocity meeting with a stationary object last Monday. So what's the call for this week on the ever eventful DOW, up, down, sideways ?

I'm SWAGing another interesting and volatile week, maybe up or down a grand either way, no more, no less !

What say the wise sages and prognosticators of the forum ?
This week? Hah! I’m just waiting for the 10yr to reach 3.15%, then I’ll see what happens.

I think the S&P500 will visit its 200dma again, but I hope it takes more than a week!
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Old 02-11-2018, 04:05 PM   #15
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I never know what the market is going to do. I don't think it will be flat. It will either go up or down several %.
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Old 02-11-2018, 04:18 PM   #16
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Did my taxes this weekend, so all other financial thoughts are blocked for at least a week so I can rest what few brain cells are left.
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Old 02-11-2018, 04:20 PM   #17
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Just finished Mandelbrot's old book, The (mis)Behavior of Markets, so I wouldn't be surprised to see more down days, IF one of his findings, that market movements cluster, is correct.
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Old 02-11-2018, 04:22 PM   #18
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Have no clue. I was stunned to see that the DJIA went up 330 points today - just like last Friday. Then I found out that today is Sunday.
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Old 02-11-2018, 04:26 PM   #19
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row row row the boat,
up and down we go.
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Old 02-11-2018, 04:27 PM   #20
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Futures are up so that's a good start....

https://www.cnbc.com/pre-markets/
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