Early Retirement & Financial Independence Community

Early Retirement & Financial Independence Community (http://www.early-retirement.org/forums/)
-   FIRE and Money (http://www.early-retirement.org/forums/f28/)
-   -   OK Prognosticators, what's your call for the week ? (http://www.early-retirement.org/forums/f28/ok-prognosticators-whats-your-call-for-the-week-90766.html)

frayne 02-11-2018 11:50 AM

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 ?

W2R 02-11-2018 11:54 AM

I'll refrain from commenting about whether or not prognosticators get pimples and hair growing on the palms of their hands. :hide:

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?

http://www.early-retirement.org/foru...picture509.jpg

travelover 02-11-2018 11:59 AM

Will definitely go up, if it doesn't fall.

LOL! 02-11-2018 12:04 PM

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:

https://i.imgur.com/lczx6jR.png

Eventually, the bottom was reached late Sept-early October.

aja8888 02-11-2018 12:05 PM

1 Attachment(s)
I'll get back with you once I have a clear reading.....

Attachment 27795

Red Badger 02-11-2018 12:58 PM

Without a doubt, the market will definitely _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _.

Once again, I've called it. :dance::dance:

GravitySucks 02-11-2018 01:01 PM

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.

Lcountz 02-11-2018 01:01 PM

Perhaps watching Asian and European futures tonight will give us a clue?

NW-Bound 02-11-2018 01:08 PM

Quote:

Originally Posted by LOL! (Post 2011095)
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:

https://i.imgur.com/lczx6jR.png

Eventually, the bottom was reached late Sept-early October.

+1 on both what I will do, and also what the market will.

LOL! 02-11-2018 03:16 PM

Quote:

Originally Posted by Lcountz (Post 2011128)
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.

FI_RElater 02-11-2018 03:33 PM

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

Gumby 02-11-2018 03:48 PM

"It will fluctuate." -- J.P. Morgan

mamadogmamacat 02-11-2018 03:53 PM

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.

audreyh1 02-11-2018 03:57 PM

Quote:

Originally Posted by frayne (Post 2011088)
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!

aaronc879 02-11-2018 04:05 PM

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 %.

Dash man 02-11-2018 04:18 PM

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.

racy 02-11-2018 04:20 PM

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.

Ronstar 02-11-2018 04:22 PM

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.

retired1 02-11-2018 04:26 PM

row row row the boat,
up and down we go. :)

CaliKid 02-11-2018 04:27 PM

Futures are up so that's a good start....

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


All times are GMT -6. The time now is 11:41 PM.

Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.