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Re: Dow hits 13,000 for the first time...
04-25-2007, 12:29 PM
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#21
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Thinks s/he gets paid by the post
Join Date: Apr 2006
Posts: 1,490
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Re: Dow hits 13,000 for the first time...
Quote:
Quote:
That pretty much sums up all the analysis I've seen in the last year or so...
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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...
04-25-2007, 12:47 PM
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#22
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Thinks s/he gets paid by the post
Join Date: Oct 2002
Location: Chattanooga
Posts: 3,877
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Re: Dow hits 13,000 for the first time...
Quote:
Originally Posted by saluki9
Totally meaningless
It may cause some new flows from the retail side but nothing worth getting excited about
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Give the man a cigar !
__________________
Earning money is an action, saving money is a behavior, growing money takes a well diversified portfolio and the discipline to ignore market swings.
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Re: Dow hits 13,000 for the first time...
04-25-2007, 12:53 PM
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#23
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2006
Posts: 12,880
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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.
__________________
Al
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Re: Dow hits 13,000 for the first time...
04-25-2007, 01:09 PM
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#24
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2006
Location: Washington, DC
Posts: 11,317
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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!"
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Not too late Al - about 13090 and climbing.
__________________
Idleness is fatal only to the mediocre -- Albert Camus
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Re: Dow hits 13,000 for the first time...
04-25-2007, 01:10 PM
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#25
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Thinks s/he gets paid by the post
Join Date: Dec 2003
Posts: 4,459
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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...
04-25-2007, 01:11 PM
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#26
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,003
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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!"
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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!
__________________
Numbers is hard
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Re: Dow hits 13,000 for the first time...
04-25-2007, 01:32 PM
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#27
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,001
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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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Retired since summer 1999.
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Re: Dow hits 13,000 for the first time...
04-25-2007, 01:52 PM
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#28
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Thinks s/he gets paid by the post
Join Date: Feb 2005
Posts: 2,032
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Re: Dow hits 13,000 for the first time...
Quote:
Originally Posted by frayne
Give the man a cigar !
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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...
04-25-2007, 02:05 PM
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#29
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Oct 2006
Posts: 7,733
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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...
04-25-2007, 02:16 PM
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#30
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2003
Posts: 18,085
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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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"All animals are equal, but some animals are more equal than others."
- George Orwell
Ezekiel 23:20
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Re: Dow hits 13,000 for the first time...
04-25-2007, 02:50 PM
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#31
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Thinks s/he gets paid by the post
Join Date: Jan 2005
Location: DFW
Posts: 2,016
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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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Resist much. Obey Little. . . . Ed Abbey
Disclaimer: My Posts are for my amusement only.
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Re: Dow hits 13,000 for the first time...
04-25-2007, 03:05 PM
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#32
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,001
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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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Retired since summer 1999.
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Re: Dow hits 13,000 for the first time...
04-25-2007, 03:38 PM
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#33
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2006
Location: Boise
Posts: 7,865
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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
2Cor521
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"At times the world can seem an unfriendly and sinister place, but believe us when we say there is much more good in it than bad. All you have to do is look hard enough, and what might seem to be a series of unfortunate events, may in fact be the first steps of a journey." Violet Baudelaire.
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Re: Dow hits 13,000 for the first time...
04-25-2007, 06:06 PM
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#34
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,856
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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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Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
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Re: Dow hits 13,000 for the first time...
04-25-2007, 08:57 PM
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#35
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
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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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Have Funds, Will Retire
...not doing anything of true substance...
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Re: Dow hits 13,000 for the first time...
04-25-2007, 09:20 PM
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#36
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Recycles dryer sheets
Join Date: Jun 2005
Posts: 304
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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
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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...
04-25-2007, 11:23 PM
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#37
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Moderator Emeritus
Join Date: Dec 2005
Posts: 10,125
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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
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Hey, that's the combination to my luggage
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Angels danced on the day that you were born.
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Re: Dow hits 13,000 for the first time...
04-26-2007, 12:45 AM
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#38
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Recycles dryer sheets
Join Date: Jun 2006
Posts: 63
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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...
04-26-2007, 05:09 AM
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#39
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Thinks s/he gets paid by the post
Join Date: Sep 2006
Posts: 1,691
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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
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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...
04-26-2007, 08:00 AM
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#40
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,001
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Re: Dow hits 13,000 for the first time...
Quote:
Originally Posted by teejayevans
"what are the chances...", so they investigated and rest is history.
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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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Retired since summer 1999.
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