Dont let today's fools gold fool you. - Page 3 - TigerDroppings.com

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Baylor
Member since May 2009
240 posts

re: Dont let today's fools gold fool you.


That could be premature Chad.

Will know more about the absolute bottom once 800 is reached.



This post was edited on 8/11 at 10:43 am


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Fat Bastard
New Orleans Saints Fan
Paradise
Member since Mar 2009
15648 posts

re: Dont let today's fools gold fool you.


quote:

Will no more


no more what????






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Baylor
Member since May 2009
240 posts

re: Dont let today's fools gold fool you.


And BTW everyone.

I have made some tremendously bold statements.

Statements that are either going to be 100% correct, or 100% incorrect.

I will be the 1st person in this thread to eat my crow and say that I was wrong.

But based on the size of my friends house, I think im on the right side of this.

Good luck






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horndog
LA-Monroe Fan
*edited by ADMIN
Member since Apr 2007
10874 posts

re: Dont let today's fools gold fool you.


I've put a million on each of those stocks. Dont let me down.





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Chad504boy
New Orleans Saints Fan
Five Oh Four
Member since Feb 2005
79402 posts

re: Dont let today's fools gold fool you.


quote:

Will know more about the absolute bottom once 800 is reached.


Less than 800 reached only once in modern era... I might move to Canada if that happens again.






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kfizzle85
LSU Fan
en oh, el ay
Member since Dec 2005
20982 posts

re: Dont let today's fools gold fool you.


Means absolutely nothing. Look at percentages, absolute values are completely useless. The S&P didn't even reach 800 until 1997.





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John Merlyn
Alabama Fan
Member since Oct 2009
2203 posts

re: Dont let today's fools gold fool you.


There is some psychological significance associated with say 10,000 DJI, $100 oil, and 1000 S&P. Otherwise I agree with you.





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Baylor
Member since May 2009
240 posts

re: Dont let today's fools gold fool you.


quote:

Means absolutely nothing. Look at percentages, absolute values are completely useless. The S&P didn't even reach 800 until 1997


agree







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TheHiddenFlask
Clemson Fan
The Welsh red light district
Member since Jul 2008
16845 posts

re: Dont let today's fools gold fool you.


quote:

Means absolutely nothing. Look at percentages, absolute values are completely useless. The S&P didn't even reach 800 until 1997.


Back in the day, Russian posted a log based chart for the DJIA and I thought he was just being a terd. This board has really helped me understand the financial world a lot better. At a minimum, it has encouraged me to learn more about the subjects with outside learning.






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Chad504boy
New Orleans Saints Fan
Five Oh Four
Member since Feb 2005
79402 posts

re: Dont let today's fools gold fool you.


1170 was just breached....





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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80468 posts

re: Dont let today's fools gold fool you.


quote:

Russian posted a log based chart for the DJIA and I thought he was just being a terd.

I probably was....






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Chad504boy
New Orleans Saints Fan
Five Oh Four
Member since Feb 2005
79402 posts

re: Dont let today's fools gold fool you.


1177 approached.





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kfizzle85
LSU Fan
en oh, el ay
Member since Dec 2005
20982 posts

re: Dont let today's fools gold fool you.


I'm just referencing his "modern era" quip. It makes it sound like its some kind of long-run historical moment, and its clearly not, that's all.





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Teacher
LSU Fan
Member since Sep 2006
3060 posts

re: Dont let today's fools gold fool you.


Baylor I heard there was a lot of insider buying over the last 3 days. It has been reported 10 buys for every 1 sale. Since your friend bases his projections on insider buying does this change his mind.





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Baylor
Member since May 2009
240 posts

re: Dont let today's fools gold fool you.


Ok, just hit 1180, exactly what I predicted.

You will see some serious resistance here.

Short activated, and waiting for the ride down.






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Baylor
Member since May 2009
240 posts

re: Dont let today's fools gold fool you.


quote:

Baylor I heard there was a lot of insider buying over the last 3 days. It has been reported 10 buys for every 1 sale. Since your friend bases his projections on insider buying does this change his mind.


Good question.

Read the end of my post at 10:15AM for the answer.






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Baylor
Member since May 2009
240 posts

re: Dont let today's fools gold fool you.


quote:

1170 was just breached....


Exactly what I predicted this morning and was hoping for.

Now if it goes up to 1221 feel free to call me an idiot.






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John Merlyn
Alabama Fan
Member since Oct 2009
2203 posts

re: Dont let today's fools gold fool you.


quote:

Now if it goes up to 1221 feel free to call me an idiot


Fingers crossed, salivating like one of Pavlov's dogs.






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Baylor
Member since May 2009
240 posts

re: Dont let today's fools gold fool you.


quote:

Fingers crossed, salivating like one of Pavlov's dogs


Im sure you are. LOL
As are many others I assume.



This post was edited on 8/11 at 2:33 pm


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John Merlyn
Alabama Fan
Member since Oct 2009
2203 posts

re: Dont let today's fools gold fool you.


Although my post was no indication that I am short term bullish. Just want to clear that up.





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