New closing records?
- Thread starter Blue Collar Guy
- Start date
Blue Collar Guy
Thinks s/he gets paid by the post
No negative thoughts , Im enjoying the week end
. Feel free to depress me Monday morning.
Fedup
Thinks s/he gets paid by the post
Should we ban people posting negative thoughts? Of course I'm just kidding at you BCG.
capjak
Full time employment: Posting here.
Winter is coming is a Game of Thrones reference......which the new season starts tomorrow....
Blue Collar Guy
Thinks s/he gets paid by the post
Winter is coming is a Game of Thrones reference......which the new season starts tomorrow....
Oh, in that case, Bring on the Winter, Let is snow!
Sunset
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
ducky911
Recycles dryer sheets
- Joined
- May 18, 2010
- Messages
- 497
Two things I remember from pre 2008
Cab drivers (and others) were flipping houses
House wives where day trading stocks
So those are my indicators to watch for.
Cab drivers (and others) were flipping houses
House wives where day trading stocks
So those are my indicators to watch for.
easysurfer
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jun 11, 2008
- Messages
- 13,156
Oh, another record?
Confess that I've been busy lately and haven't followed the record climbs. My strategy is to talk no action regardless based on record or not.
Just for kicks, probably should follow the ups and downs a bit closer.
Confess that I've been busy lately and haven't followed the record climbs. My strategy is to talk no action regardless based on record or not.
Just for kicks, probably should follow the ups and downs a bit closer.
Ready-4-ER-at-14
Full time employment: Posting here.
I think the dow and sp500 to some extent are like beauty contests, except the beauty is measured in how much mass the participants have. (mass = profits/potential in this reality and every oz of fat is converted to cold cash in my whimsical story).
When one of the contestants gets sick or even terminal and has a significant mass loss, they just replace that contestant with a new comer with even greater mass and potential.
No wonder the average mass of the group goes up! : )
It would be more transparent if the changes occurred say when any stock went below $40 a share, it was replaced with a stock that cost $60 a share. Oh wow the index average went up," Who woulda thunk that?" : )
Now the changes just seem to happen. I presume the market specialists know and unload some or go short way before it happens and that if it happens would be a drag on all index type fund holders since your fund has to sell the ousted company and buy the new darling fresh off the casting couch. (oooh la la)
The other reason I expect stock prices to go up is money is just worth less and less over time because everyone has so much. I now pay in taxes annually about what I paid for my first house. Movies in my small home town were like fifteen cents, now like $15.
Finally the index amounts are now so high that a 0.5 to 1.5% hiccup in the market seems huge. 1% of 200 = 2 1% of 22000 = 220
The moral of my story is when evaluating a company, first determine if they are "solid" lol.
When one of the contestants gets sick or even terminal and has a significant mass loss, they just replace that contestant with a new comer with even greater mass and potential.
No wonder the average mass of the group goes up! : )
It would be more transparent if the changes occurred say when any stock went below $40 a share, it was replaced with a stock that cost $60 a share. Oh wow the index average went up," Who woulda thunk that?" : )
Now the changes just seem to happen. I presume the market specialists know and unload some or go short way before it happens and that if it happens would be a drag on all index type fund holders since your fund has to sell the ousted company and buy the new darling fresh off the casting couch. (oooh la la)
The other reason I expect stock prices to go up is money is just worth less and less over time because everyone has so much. I now pay in taxes annually about what I paid for my first house. Movies in my small home town were like fifteen cents, now like $15.
Finally the index amounts are now so high that a 0.5 to 1.5% hiccup in the market seems huge. 1% of 200 = 2 1% of 22000 = 220
The moral of my story is when evaluating a company, first determine if they are "solid" lol.
