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DOW heading 20K !
Old 12-07-2016, 02:39 PM   #1
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DOW heading 20K !

Who would have thunk and does anyone have the thread started earlier in the year predicting where the DOW might end 2016 ?

The way things are going I may have to rebalance before the end of 2016.
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Old 12-07-2016, 02:44 PM   #2
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Looks like 20,000 (or higher) is a real possibility. Who would have thought that a month ago.
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Old 12-07-2016, 02:46 PM   #3
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Been watching go up up up since about 1PM
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Old 12-07-2016, 02:52 PM   #4
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maybe he wasn't wrong, just a bit premature?

https://www.amazon.com/Dow-2008-Diff.../dp/1893958701
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Old 12-07-2016, 03:02 PM   #5
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Wow, I have great hopes!

Those of us who calculate the withdrawal rate as a percentage of portfolio value on December 31st, could really make out nicely this time.

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Old 12-07-2016, 03:20 PM   #6
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Meaningless discussion or slow day @ home?
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Old 12-07-2016, 03:22 PM   #7
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Meaningless discussion or slow day @ home?
Bah Humbug !
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Old 12-07-2016, 03:27 PM   #8
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Speaking of 20,000....

Dow to hit 20,000!
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Old 12-07-2016, 04:19 PM   #9
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We just thought PE10 was high!
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Old 12-07-2016, 04:35 PM   #10
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Prediction - over the long haul, the markets will all move up.

The end.

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Old 12-07-2016, 04:42 PM   #11
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Prediction - over the long haul, the markets will all move up.

True that. The problem is they often went down a lot, and stayed down for many years before they go up again.

Up until the market crashed, was it not in an uptrend? Will it be different now? Up and never down ever again? A true "permanently high plateau" this time?
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Old 12-07-2016, 04:43 PM   #12
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Whenever folks get giddy about the market, it's my cue to dial back on equities
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Old 12-07-2016, 04:45 PM   #13
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Whenever folks get giddy about the market, it's my cue to dial back on equities
Yes, buy high and sell low is my motto !
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Old 12-07-2016, 04:47 PM   #14
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Yes, buy high and sell low is my motto !
Does FIRECalc have that as an investment option, instead of plain old rebalancing?
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Old 12-07-2016, 04:58 PM   #15
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Yet my portfolio is roughly 2% off it's high earlier this year. Healthcare has taken a hit and my bond component has dragged it down a bit as well.
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Old 12-07-2016, 05:45 PM   #16
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I love days like this, I cheer on all my stocks. GO TEAM GO! It's fun to watch. I know it can turn down tomorrow but I enjoy the stock market and I'm still in accumulation stage.
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Old 12-07-2016, 05:48 PM   #17
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...I'm still in accumulation stage.
Stock up is good for people who are converting it to bread caviar, Cognac, airfares, RVs, etc... People still accumulating should cheer for it to crash.
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Old 12-07-2016, 05:55 PM   #18
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As long as certain Louisiana denizens keep their mouths shut and avoid the W word, we should be OK.
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Old 12-07-2016, 05:58 PM   #19
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Pretty please, do not go there ...
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Old 12-07-2016, 05:58 PM   #20
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Stock up is good for people who are converting it to bread caviar, Cognac, airfares, RVs, etc... People still accumulating should cheer for it to crash.
I like cheering either way. Double the cheering is my idea of fun.
P.S. - - I'll be good! I promise, honest, I'll keep my mouth shut (maybe).
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