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Does the Dow hit 16000 in 2013?
Posted on 10/25/13 at 12:35 pm
Posted on 10/25/13 at 12:35 pm
I recall a few people saying they thought it might
7
Posted on 10/25/13 at 12:37 pm to jimbeam
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.
Posted on 10/25/13 at 12:42 pm to jimbeam
quote:
Does the Dow hit 16000 in 2013?
No chance.
Sequestration and Govt. Shutdown have doomed the economy. Or so I'm told.
Posted on 10/25/13 at 12:44 pm to jimbeam
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.
Posted on 10/25/13 at 2:41 pm to wiltznucs
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.
Posted on 10/25/13 at 7:59 pm to jimbeam
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.
With that answer, I will flip ON switch to my future prediction 8-ball and get back to you.
Posted on 10/25/13 at 8:58 pm to Sternocleidomastoid
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.
Posted on 10/25/13 at 9:33 pm to southernelite
BUY BUY BUY~ Jim Cramer
Posted on 10/25/13 at 10:31 pm to Oenophile Brah
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.
Posted on 10/26/13 at 12:34 am to Blakely Bimbo
"Cash Gushes Into Stock Funds"
Wall St. Journal article 10/25
Wall St. Journal article 10/25
Posted on 10/26/13 at 9:12 am to jimbeam
It'll sink to 9,000 in a month or two once Israel attacks Iran.
This post was edited on 10/26/13 at 9:13 am
Posted on 10/27/13 at 7:46 pm to TDsngumbo
Huh?
Posted on 10/27/13 at 8:32 pm to jimbeam
Depends on the economy. Stocks aren't particularly expensive, but we've got to start seeing some top-line growth.
Posted on 10/28/13 at 8:44 am to Blakely Bimbo
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?
Posted on 10/30/13 at 12:33 am to Oenophile Brah
"$277 billion into stock funds so far this year; highest since 2000"
New Headline on Wall Street Journal
New Headline on Wall Street Journal
Posted on 10/30/13 at 11:47 am to jimbeam
quote:given that McEDees doesn't even have a true dollar menu, what does 16,000 really mean anyway.
Does the Dow hit 16000 in 2013?
Inflation baby, the market better go up!
This post was edited on 10/30/13 at 11:48 am
Posted on 10/30/13 at 11:48 am to matthew25
quote:it has to, you lose 5% due to inflation at the bank!
Cash Gushes Into Stock Funds
Posted on 11/18/13 at 10:41 am to evil cockroach
bump
This post was edited on 11/18/13 at 10:42 am
Posted on 11/18/13 at 11:27 am to jimbeam
quote:
bump
Somewhat timely, I would agree. Will it close, though?
Posted on 11/18/13 at 12:32 pm to Ace Midnight
I bet so. Then falls tmrw
oops
oopsThis post was edited on 11/18/13 at 2:30 pm
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