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08-22-2020, 12:59 PM
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#1
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Recycles dryer sheets
Join Date: Feb 2020
Location: Danville
Posts: 167
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Dow 30,000
Am hoping the Dow Jones Industrial Average hits 30,000 by the end of 2020. The market has been going sideways for over a year and a half now. Can't wait to see it happen!
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08-22-2020, 01:08 PM
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#2
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2013
Location: Texas
Posts: 10,941
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Many of us here hope that happens.... If not for CV19, I'm pretty sure we'd be there by now... However, IMO, it's now a 50/50 chance.
__________________
20's "something" mind, trapped in a 70's "something" body
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08-22-2020, 01:53 PM
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#3
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Thinks s/he gets paid by the post
Join Date: Mar 2012
Posts: 3,931
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DJIA should be closer to if not below 20,000 at this time - with or without Covid situation.
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08-22-2020, 02:07 PM
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#4
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,501
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 Quote:
Originally Posted by Blue531
Am hoping the Dow Jones Industrial Average hits 30,000 by the end of 2020. The market has been going sideways for over a year and a half now. Can't wait to see it happen!
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When the DJIA hits 30,000 it will be awfully hard for me to suppress that "W***" word! Perhaps I will yell it so loud as to be heard from sea to shining sea.
I am already utterly thrilled with how the market has been doing lately. I remember when the Dow was in the 300's, back in the early 1950's.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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08-22-2020, 02:10 PM
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#5
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Thinks s/he gets paid by the post
Join Date: Oct 2010
Posts: 1,226
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VTSAX (Vanguard Total Stock Market) is up 26% (including dividends) over the past year and a half. Not sideways to me.
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08-22-2020, 02:10 PM
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#6
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2017
Location: City
Posts: 10,351
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Hell, I hope it hits 35,000. And hope it doesn't hit 20,000. Olympus! Are you listening?
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08-22-2020, 02:15 PM
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#7
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2013
Location: Les Bois
Posts: 5,761
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__________________
You can't be a retirement plan actuary without a retirement plan, otherwise you lose all credibility...
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08-22-2020, 02:21 PM
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#8
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Thinks s/he gets paid by the post
Join Date: Oct 2010
Posts: 1,226
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Quote:
Originally Posted by Big_Hitter
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The comments on the book are kind of funny.
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08-22-2020, 04:38 PM
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#9
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2017
Location: City
Posts: 10,351
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Quote:
Originally Posted by Blue531
... The market has been going sideways for over a year and a half now. ...
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I'm not sure I'd agree with that statement but generally speaking I have always liked sideways periods. Periods of calm, IMO, tend to indicate that market pricing is not wacky. I don't particularly enjoy Wacky as he usually ends up leading a bear into the tent.
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08-22-2020, 06:51 PM
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#10
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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: 38,154
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Quote:
Originally Posted by W2R
When the DJIA hits 30,000 it will be awfully hard for me to suppress that "W***" word! Perhaps I will yell it so loud as to be heard from sea to shining sea.
I am already utterly thrilled with how the market has been doing lately. I remember when the Dow was in the 300's, back in the early 1950's. |
Oh no! She’s at it again!! 
__________________
Retired since summer 1999.
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08-24-2020, 12:36 PM
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#11
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2008
Posts: 12,660
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Today I found myself wondering, "What is causing this 'Wheee"?"
(It only counts when W2R says it).
__________________
If you understood everything I say, you'd be me ~ Miles Davis
'There is only one success – to be able to spend your life in your own way.’ Christopher Morley.
Even a blind clock finds an acorn twice a day.
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08-24-2020, 12:36 PM
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#12
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2008
Posts: 12,660
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Deleted! There was a delay somewhere.
__________________
If you understood everything I say, you'd be me ~ Miles Davis
'There is only one success – to be able to spend your life in your own way.’ Christopher Morley.
Even a blind clock finds an acorn twice a day.
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08-24-2020, 01:10 PM
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#13
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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A search of "Wheee" on the Web found me this.
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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08-24-2020, 02:14 PM
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#14
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Thinks s/he gets paid by the post
Join Date: Aug 2017
Location: Champaign
Posts: 4,729
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Don't get me wrong, I'm thrilled with a bit of uneasiness. Something just doesn't feel right. Like driving along a beautiful wooded country road, listening to Tom Petty and a deer jumps in front of me.
__________________
"Do not go where the path may lead, go instead where there is no path and leave a trail."
Ralph Waldo Emerson
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08-24-2020, 02:17 PM
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#15
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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Quote:
Originally Posted by Rianne
Don't get me wrong, I'm thrilled with a bit of uneasiness. Something just doesn't feel right. Like driving along a beautiful wooded country road, listening to Tom Petty and a deer jumps in front of me.
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Something doesn't feel right? Have you seen this video?
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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08-24-2020, 02:23 PM
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#16
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Nov 2016
Posts: 9,526
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Quote:
Originally Posted by njhowie
DJIA should be closer to if not below 20,000 at this time - with or without Covid situation.
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True and I'm surprised with all that has happened etc.. we are where we are at.
Quote:
Originally Posted by OldShooter
I'm not sure I'd agree with that statement but generally speaking I have always liked sideways periods. Periods of calm, IMO, tend to indicate that market pricing is not wacky. I don't particularly enjoy Wacky as he usually ends up leading a bear into the tent.
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I like that way of thinking. I beleive that side ways tells us just the way you described it.
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08-24-2020, 02:30 PM
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#17
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Thinks s/he gets paid by the post
Join Date: Aug 2017
Location: Champaign
Posts: 4,729
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Quote:
Originally Posted by NW-Bound
Something doesn't feel right? Have you seen this video?
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So the plane is the DOW and the Green Giant is the Coronavirus in 2 years?
__________________
"Do not go where the path may lead, go instead where there is no path and leave a trail."
Ralph Waldo Emerson
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08-24-2020, 02:53 PM
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#18
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Thinks s/he gets paid by the post
Join Date: Dec 2014
Location: St. Charles
Posts: 3,919
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Quote:
Originally Posted by Rianne
So the plane is the DOW and the Green Giant is the Coronavirus in 2 years?
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Does everything need to be about CV? It's just a funny video, illustrating perspective, and its been on YouTube since 2016.
__________________
If your not living on the edge, you're taking up too much space.
Never slow down, never grow old!
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08-24-2020, 03:12 PM
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#19
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Thinks s/he gets paid by the post
Join Date: Aug 2017
Location: Champaign
Posts: 4,729
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Quote:
Originally Posted by CardsFan
Does everything need to be about CV? It's just a funny video, illustrating perspective, and its been on YouTube since 2016.
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You're right. I have COVID on the brain. I need a vacation.
__________________
"Do not go where the path may lead, go instead where there is no path and leave a trail."
Ralph Waldo Emerson
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08-24-2020, 03:21 PM
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#20
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Thinks s/he gets paid by the post
Join Date: Dec 2014
Location: St. Charles
Posts: 3,919
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Quote:
Originally Posted by Rianne
You're right. I have COVID on the brain. I need a vacation.
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No harm. No foul. We all have Covid on the brain. Just nice to ignore it once in a while (in the safety of my own home, of course)
__________________
If your not living on the edge, you're taking up too much space.
Never slow down, never grow old!
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