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Message
Dow 19000
Posted on 11/22/16 at 8:54 am
Posted on 11/22/16 at 8:54 am
I seent it 
5
Posted on 11/22/16 at 8:56 am to jimbeam
Make the Stock Market Great Again
Posted on 11/22/16 at 9:18 am to jimbeam
But this board told me to go to cash...
Posted on 11/22/16 at 10:07 am to jimbeam
MAGA 
Posted on 11/22/16 at 10:18 am to jimbeam
folks keep saying "there will be a correction soon". heck, that correction may be from 30,000 down to 23,000 in a few years.
Posted on 11/22/16 at 12:24 pm to crazycubes
I feel like I've only been investing in market highs. Does this make anyone else nervous?
Posted on 11/22/16 at 12:28 pm to NewIberiaHaircut
quote:
I feel like I've only been investing in market highs. Does this make anyone else nervous?
It's making me nervous, but I dollar cost average throughout the year to minimize the impact of high market valuations.
Posted on 11/22/16 at 12:29 pm to NewIberiaHaircut
quote:
I feel like I've only been investing in market highs. Does this make anyone else nervous?
Invest in BP and XOM, they fairly cheap
Posted on 11/22/16 at 12:59 pm to windshieldman
They are?
Posted on 11/22/16 at 1:03 pm to Grits N Shrimp
quote:
They are?
Well not off the 52 week range. I'm long term and they've been a good bit higher over the years.
Posted on 11/22/16 at 1:14 pm to windshieldman
Exxon dividend is not sustainable based on earnings and its trading for over 100x earnings. The 52 week high and low is a facade, I actually entered a cvx short recently as it's trading at levels it was at with $100 oil and there is no way the dividend is sustainable if oil stays here
Posted on 11/22/16 at 1:44 pm to dabigfella
I was thinking about shorting it as well. However not sure they are going to drop enough or that I can afford enough to make it worth it.
Still kicking myself over not getting in on peabody before the election or shorting it after.
Still kicking myself over not getting in on peabody before the election or shorting it after.
This post was edited on 11/22/16 at 2:07 pm
Posted on 2/22/17 at 11:08 am to jimbeam
This bad boy is going to hit 22k this year. Choo Choo!
Posted on 2/22/17 at 11:13 am to castorinho
21k and some change
Posted on 2/22/17 at 11:17 am to wfallstiger
Be greedy when everyone is fearful and fearful when everyone is greedy.
Posted on 2/22/17 at 11:19 am to barry
don't have many holdings but a few and has been nice, thus far and no reason to expect otherwise for the moment
Posted on 2/22/17 at 12:16 pm to barry
quote:I'm riding the train and buying more when it "corrects."
Be greedy when everyone is fearful and fearful when everyone is greedy.
Posted on 2/22/17 at 12:27 pm to castorinho
quote:
I'm riding the train and buying more when it "corrects."
I'm not selling either, but i also have a healthy stash of cash ready to go.
Posted on 3/1/17 at 9:10 am to barry
21 achieved 
Posted on 3/1/17 at 9:59 am to dabigfella
quote:The dividend is not threatened by earnings.
Exxon dividend is not sustainable based on earnings and its trading for over 100x earnings.
Exxon wrote down its huge natural gas reserves valuation to more accurately reflect market prices. That is a non-cash expense, meaning it's only an accounting adjustment and no cash left the company.
Ignoring the adjustment, Exxon's earnings are doing just fine.
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