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Started By
Message
America enjoying greatest stock market rally EVER
Posted on 10/4/17 at 8:17 pm
Posted on 10/4/17 at 8:17 pm
LINK /
Highlights:
*One new closing high on average every FOUR DAYS
*The only President to have TWO periods of nine or more consecutive days of record closing highs
*Tied for the fewest days needed to gain 1,000 points and set record for fewest days needed to gain 2,000 points
My 401K is NOT getting tired of all this winning! (Though tomorrow I need a down day--our plan buys shares after the close on Thursdays before pay day)
Highlights:
*One new closing high on average every FOUR DAYS
*The only President to have TWO periods of nine or more consecutive days of record closing highs
*Tied for the fewest days needed to gain 1,000 points and set record for fewest days needed to gain 2,000 points
My 401K is NOT getting tired of all this winning! (Though tomorrow I need a down day--our plan buys shares after the close on Thursdays before pay day)
4
Posted on 10/4/17 at 8:18 pm to Quidam65
Sounds like a bubble
Posted on 10/4/17 at 8:21 pm to SuperSaint
Seriously. I should sell, but instead I’ll lose money.
Posted on 10/4/17 at 8:22 pm to SuperSaint
Change is inevitable
Posted on 10/4/17 at 8:32 pm to Quidam65
This board 
. Never change
Stock market hits record highs when Obama is president: "The president has no real actual effect on the stock market!"
Literally months later
Stock market hits record highs when Trump is president: "Hail Trump! Lord emperor has single handedly gotten the stock market to new highs".
. Never change Stock market hits record highs when Obama is president: "The president has no real actual effect on the stock market!"
Literally months later
Stock market hits record highs when Trump is president: "Hail Trump! Lord emperor has single handedly gotten the stock market to new highs".
This post was edited on 10/4/17 at 8:33 pm
Posted on 10/4/17 at 8:57 pm to Quidam65
quote:
Highlights:
*One new closing high on average every FOUR DAYS
*The only President to have TWO periods of nine or more consecutive days of record closing highs
*Tied for the fewest days needed to gain 1,000 points and set record for fewest days needed to gain 2,000 points
My 401K is NOT getting tired of all this winning! (Though tomorrow I need a down day--our plan buys shares after the close on Thursdays before pay day)
So when do I pull the plug and get out? I want another 2007/2008 so I can drop in on the bottom of a 60% crash.
Posted on 10/4/17 at 9:01 pm to baybeefeetz
quote:
Seriously. I should sell, but instead I’ll lose money.
I'm seriously thinking about going 20/80, I'm starting to feel the "irrational exuberance".
Posted on 10/4/17 at 9:27 pm to Bass Tiger
quote:
So when do I pull the plug and get out? I want another 2007/2008 so I can drop in on the bottom of a 60% crash
When you start seeing valuations that make no sense. You saw it with Tech IPOs before the tech crash of 2001. And you saw it with real estate before the great recession in 2008. The problem with bubbles, people can convince themselve that anything makes sense as long as they're raking in money.
Posted on 10/4/17 at 9:29 pm to Bass Tiger
quote:
So when do I pull the plug and get out? I want another 2007/2008 so I can drop in on the bottom of a 60% crash.
Now might not be a bad time. If you are certain a sizable correction is coming, then take some profits and hold onto it. Look for bargains here and there while you watch the market sink.
Posted on 10/4/17 at 9:31 pm to Quidam65
I'm getting a tad bit nervous. Some of it seems to be built on the tax reform Trump promised in his campaign--and if tax reform fails YIKES!
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