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View Poll Results: Dow , S and P at END of 2017
Higher than end of 2016 23 47.92%
Lower than 2016 6 12.50%
Doesn't mater, I'l still have enough $ to buy Polygrip for my Dentures 19 39.58%
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Poll:Dow , S and P , predictions for end of 2017
Old 12-22-2016, 10:52 AM   #1
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Poll:Dow , S and P , predictions for end of 2017

Your guesses for next year.
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Old 12-22-2016, 11:24 AM   #2
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I have no scientific method to my vote it will be high then the end of 2016. If it is lower I will survive the dips. I will not have gained or lost anything until I sell and I have no intentions of selling in the near future.
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Old 12-22-2016, 11:39 AM   #3
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Your guesses for next year.
42
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Old 12-22-2016, 01:10 PM   #4
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42
+1
No, wait. That would be 43. This is tougher than it looked!
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Old 12-22-2016, 01:13 PM   #5
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Why would anyone try to predict the unknowable?
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Old 12-22-2016, 01:34 PM   #6
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42
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+1
No, wait. That would be 43. This is tougher than it looked!
You're both wrong..it's 22. C'mon 22....!!!


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Old 12-22-2016, 01:53 PM   #7
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I like this poll which only asks for the direction, up or down. This is hard enough by itself.

In the past, polls asked for a number, which was like playing a number on the roulette. Just Red or Black please.
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Old 12-22-2016, 02:16 PM   #8
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Higher or lower than now.
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Old 12-22-2016, 02:37 PM   #9
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We have had quite a few up years, we are due for a down year. Plus, I just retired.

OTOH, it should be a great year for business.
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Old 12-22-2016, 02:40 PM   #10
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Market up or down is a bit like flipping a coin. Even if Heads has come up 9 times in a row, the chance for Heads next time is still 50/50.
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Old 12-22-2016, 03:36 PM   #11
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The market tends to be up more often than down. In 189 years between 1825 and 2013, the market was up 134 years, and down 55 years. So, it was up 71% of the time. The chance for up is higher than 2x the chance for down. See: http://basehitinvesting.com/the-stoc...ast-200-years/.

So, I voted for up because that direction is historically more likely, although it may not be up very much.

About the feeling that several up years in a row may increase the odds of a down year, I guess if the P/E gets higher and higher, at some point the bubble is going to bust. Are we there yet? Probably not.

The problem is still that it takes many years to inflate up the bubble, then for it to pop in an instant. Predicting the exact moment when that balloon is going to burst is difficult. There are also all kinds of events that can happen to trigger it (or not): terrorism, political events, hurricanes and earthquakes, etc...
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Old 12-22-2016, 05:39 PM   #12
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+1
No, wait. That would be 43. This is tougher than it looked!
Nope... the super computer took over 7 million years to figure it out.... from wiki...

The number 42 is, in The Hitchhiker's Guide to the Galaxy by Douglas Adams, the "Answer to the Ultimate Question of Life, the Universe, and Everything", calculated by an enormous supercomputer named Deep Thought over a period of 7.5 million years. Unfortunately, no one knows what the question is.
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Old 12-22-2016, 05:41 PM   #13
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What is a "mater"?
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Old 12-22-2016, 06:46 PM   #14
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What is a "mater"?

LOL... reading so fast did not notice the missing T....
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Old 12-23-2016, 05:16 AM   #15
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Our expenses are set to decrease next year due to much lower housing expenses, so even if the market drops we'll be OK.
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Old 12-23-2016, 06:49 AM   #16
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What is a "mater"?
She's married to "Pater"
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Old 12-23-2016, 09:40 PM   #17
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I voted down. If it goes up, then I'm wrong but will be richer. If it goes down, at least I'll be right.
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Old 12-23-2016, 10:13 PM   #18
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I predict it will be bigly!
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