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jimbeam
USA Fan
University of LSU
Member since Oct 2011
38050 posts
Online

Does the Dow hit 16000 in 2013?

I recall a few people saying they thought it might




southernelite
McNeese State Fan
New Orleans
Member since Sep 2009
43485 posts

re: Does the Dow hit 16000 in 2013?
If the retail numbers in late November come out strong, then I think it definitely runs it up there. I think that's gonna be key to getting there.


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Oenophile Brah
LSU Fan
The Edge of Sanity
Member since Jan 2013
6653 posts

re: Does the Dow hit 16000 in 2013?
quote:

Does the Dow hit 16000 in 2013?

No chance.

Sequestration and Govt. Shutdown have doomed the economy. Or so I'm told.


wiltznucs
South Florida Fan
Apollo Beach, FL
Member since Sep 2005
8005 posts

re: Does the Dow hit 16000 in 2013?
I have a few guys I went to B-school with that work for Bernstein Wealth Mgmt. They collectively will boldly say that the Dow will top 18K before Obama leaves office and be over 20K before the decade ends.


Ace Midnight
LSU Fan
Between sanity and madness
Member since Dec 2006
39944 posts

re: Does the Dow hit 16000 in 2013?
quote:

I have a few guys I went to B-school with that work for Bernstein Wealth Mgmt. They collectively will boldly say that the Dow will top 18K before Obama leaves office and be over 20K before the decade ends.


I kind of believe that. Hyperinflation is going to be a bitch.


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Sternocleidomastoid
LSU Fan
La Northshore
Member since Apr 2010
214 posts

re: Does the Dow hit 16000 in 2013?
Is Dow weighted for number of shares per Dow stock in portfolio (like that of the S&P 500)?

With that answer, I will flip ON switch to my future prediction 8-ball and get back to you.


southernelite
McNeese State Fan
New Orleans
Member since Sep 2009
43485 posts

re: Does the Dow hit 16000 in 2013?
quote:

Is Dow weighted for number of shares per Dow stock in portfolio (like that of the S&P 500)?



No. The Dow is price weighted and is not an average. It's a cumaltive over a divisor.

That's why Google and Apple can't join the Dow, they'd skew it too much.


fatboydave
LSU Fan
Fat boy land
Member since Aug 2004
7826 posts

re: Does the Dow hit 16000 in 2013?
BUY BUY BUY~ Jim Cramer


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Blakely Bimbo
Alabama Fan
Member since Dec 2010
1183 posts

re: Does the Dow hit 16000 in 2013?
quote:

No chance.

Sequestration and Govt. Shutdown have doomed the economy.


Economy has nothing to do with it. As long as the money keeps flowing and interest rates are so low that investors are chasing yield, the indices will continue to rise. We may even hit 16000 by the first of dec.


matthew25
Ole Miss Fan
Member since Jun 2012
4022 posts

re: Does the Dow hit 16000 in 2013?
"Cash Gushes Into Stock Funds"

Wall St. Journal article 10/25


TDsngumbo
LSU Fan
Member since Oct 2011
7198 posts

re: Does the Dow hit 16000 in 2013?
It'll sink to 9,000 in a month or two once Israel attacks Iran.
This post was edited on 10/26 at 9:13 am


Paul Allen
Notre Dame Fan
Baton Rouge, LA
Member since Nov 2007
33890 posts

re: Does the Dow hit 16000 in 2013?
Huh?


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RedStickBR
LSU Fan
Member since Sep 2009
10342 posts

re: Does the Dow hit 16000 in 2013?
Depends on the economy. Stocks aren't particularly expensive, but we've got to start seeing some top-line growth.


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Oenophile Brah
LSU Fan
The Edge of Sanity
Member since Jan 2013
6653 posts

re: Does the Dow hit 16000 in 2013?
quote:

Economy has nothing to do with it. As long as the money keeps flowing and interest rates are so low that investors are chasing yield, the indices will continue to rise. We may even hit 16000 by the first of dec.

ha.

I was being completely sarcastic.

It was the end of the work day for me and just blowing off some steam.

16k seems reasonable within a few months. Wonder if that could prove to be a natural correction point?


matthew25
Ole Miss Fan
Member since Jun 2012
4022 posts

re: Does the Dow hit 16000 in 2013?
"$277 billion into stock funds so far this year; highest since 2000"

New Headline on Wall Street Journal


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evil cockroach
LSU Fan
27.98N // 86.92E
Member since Nov 2007
5126 posts

re: Does the Dow hit 16000 in 2013?
quote:

Does the Dow hit 16000 in 2013?
given that McEDees doesn't even have a true dollar menu, what does 16,000 really mean anyway.

Inflation baby, the market better go up!
This post was edited on 10/30 at 11:48 am


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evil cockroach
LSU Fan
27.98N // 86.92E
Member since Nov 2007
5126 posts

re: Does the Dow hit 16000 in 2013?
quote:

Cash Gushes Into Stock Funds
it has to, you lose 5% due to inflation at the bank!


jimbeam
USA Fan
University of LSU
Member since Oct 2011
38050 posts
Online

re: Does the Dow hit 16000 in 2013?
bump
This post was edited on 11/18 at 10:42 am


Ace Midnight
LSU Fan
Between sanity and madness
Member since Dec 2006
39944 posts

re: Does the Dow hit 16000 in 2013?
quote:

bump


Somewhat timely, I would agree. Will it close, though?


jimbeam
USA Fan
University of LSU
Member since Oct 2011
38050 posts
Online

re: Does the Dow hit 16000 in 2013?
I bet so. Then falls tmrw


oops
This post was edited on 11/18 at 2:30 pm


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