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Started By
Message
re: Dont let today's fools gold fool you.
Posted on 8/11/11 at 10:39 am to Chad504boy
Posted on 8/11/11 at 10:39 am to Chad504boy
That could be premature Chad.
Will know more about the absolute bottom once 800 is reached.
Will know more about the absolute bottom once 800 is reached.
This post was edited on 8/11/11 at 10:43 am
3
Posted on 8/11/11 at 10:41 am to Baylor
quote:
Will no more
no more what????
Posted on 8/11/11 at 10:42 am to Baylor
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
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
Posted on 8/11/11 at 11:00 am to Baylor
I've put a million on each of those stocks. Dont let me down.
Posted on 8/11/11 at 11:46 am to Baylor
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.
Posted on 8/11/11 at 11:54 am to Chad504boy
Means absolutely nothing. Look at percentages, absolute values are completely useless. The S&P didn't even reach 800 until 1997.
Posted on 8/11/11 at 12:00 pm to kfizzle85
There is some psychological significance associated with say 10,000 DJI, $100 oil, and 1000 S&P. Otherwise I agree with you.
Posted on 8/11/11 at 12:18 pm to kfizzle85
quote:
Means absolutely nothing. Look at percentages, absolute values are completely useless. The S&P didn't even reach 800 until 1997
agree
Posted on 8/11/11 at 12:51 pm to kfizzle85
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.
Posted on 8/11/11 at 1:29 pm to TheHiddenFlask
1170 was just breached.... 
Posted on 8/11/11 at 1:54 pm to TheHiddenFlask
quote:
Russian posted a log based chart for the DJIA and I thought he was just being a terd.
I probably was....
Posted on 8/11/11 at 2:08 pm to John Merlyn
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.
Posted on 8/11/11 at 2:14 pm to Baylor
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.
Posted on 8/11/11 at 2:19 pm to Chad504boy
Ok, just hit 1180, exactly what I predicted.
You will see some serious resistance here.
Short activated, and waiting for the ride down.
You will see some serious resistance here.
Short activated, and waiting for the ride down.
Posted on 8/11/11 at 2:21 pm to Baylor
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.
Posted on 8/11/11 at 2:22 pm to Chad504boy
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.
Posted on 8/11/11 at 2:28 pm to Baylor
quote:
Now if it goes up to 1221 feel free to call me an idiot
Fingers crossed, salivating like one of Pavlov's dogs.
Posted on 8/11/11 at 2:31 pm to John Merlyn
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 8/11/11 at 2:33 pm
Posted on 8/11/11 at 2:34 pm to Baylor
Although my post was no indication that I am short term bullish. Just want to clear that up.
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