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Started By
Message
Dow will be at 30,000 by early summer
Posted on 4/8/20 at 5:24 pm
Posted on 4/8/20 at 5:24 pm
At the rate the market is going up the past few days, I think Dow is on its way to 30,000 by early summer. What 100,000 deaths? What 30% unemployment? What Pandemic? It's like the Corona drop never happened. People who went and bought in at the 18K-20K levels will look like geniuses here shortly. Does anyone dare short the market at this point?
19
Posted on 4/8/20 at 5:25 pm to hikingfan
If that happens, the democrat party will experience a MASSIVE suicide pandemic.
Posted on 4/8/20 at 5:27 pm to hikingfan
Well historically there's a 2nd dip and it's always worse than the first. Let's see if history repeats itself.
Posted on 4/8/20 at 5:40 pm to hikingfan
“Don’t fight the fed” brought his big brother (The White House) into the game.
Posted on 4/8/20 at 5:44 pm to Tri City Tigers
I don’t think we hit 30k by early summer, that’s 27% upside from here. However, everyone’s looking at historical recessionary trends to analyze this market which I think is wrong. I can see us breaking even on the year then going sideways until the election.
Posted on 4/8/20 at 6:03 pm to TDsngumbo
Keep this shite on the poli board. We have a good thing here on the money board; dont ruin it.
Posted on 4/8/20 at 6:05 pm to gatorsimz
quote:
I don’t think we hit 30k by early summer, that’s 27% upside from here. However, everyone’s looking at historical recessionary trends to analyze this market which I think is wrong. I can see us breaking even on the year then going sideways until the election.
Won’t go sideways until election. Everyone knows GEOTUS will be re-elected. The market will be a rocket ship passing the moon for Mars by November.
Posted on 4/8/20 at 6:13 pm to hikingfan
Dow: 30,000
CNN Headline: Trump illegally killing bears out of season
CNN Headline: Trump illegally killing bears out of season
Posted on 4/8/20 at 6:30 pm to Sput
As Rick Santelli said, it's the Great Cessation. Start her up.
Posted on 4/8/20 at 6:50 pm to Shepherd88
quote:
“Don’t fight the fed” brought his big brother (The White House) into the game
Money printer go brrrrr
Posted on 4/8/20 at 7:07 pm to Tri City Tigers
quote:
Well historically there's a 2nd dip and it's always worse than the first. Let's see if history repeats itself.
I’m not sure this is an apples to apples comparison to historical dips
Posted on 4/8/20 at 7:30 pm to hikingfan
Maybe by December if Trump wins.
Posted on 4/8/20 at 8:23 pm to hikingfan
You and poster MillerLiteTime should chit-chat.
Posted on 4/8/20 at 9:06 pm to skewbs
You're assuming we pick up where we left off...prolly not. Damage to earnings will be real. Folks will ease back into things. Think going back to a restaurant after an ecoli breakout. Will be a process, and virus will still be around.
Posted on 4/8/20 at 10:21 pm to hikingfan
quote:
I think Dow is on its way to 30,000 by early summe
Hope I'm wrong, but I don't see it. There has been a lot of economic damage and earnings will be ugly. Add in uncertainty over the election, and I think we will be lucky to see 25,000. I also predict that we will continue to see some very ugly drops and a lot of volatility.
Posted on 4/8/20 at 10:31 pm to hikingfan
you are fricking mental if you think dow is at 30k by early summer LOLOLOLOLOLOLOL
This post was edited on 4/8/20 at 10:32 pm
Posted on 4/8/20 at 10:33 pm to hikingfan
I am riding the roller coaster down and hopefully up, but if it hits 30,000 this summer my arse is selling.
Posted on 4/8/20 at 10:33 pm to MrJimBeam
Don’t ever rule anything out. I don’t think it’ll happen but you have to be open minded or you will not be successful with stocks or trading or whatever it is you’re doing in the market
Posted on 4/8/20 at 10:34 pm to SloaneRanger
The sad thing is the damage that has been done already even with an early to mid May opening of the economy and stores I don’t think it’s going to be enough. I hope I’m wrong. I don’t even want to think about a scenario where this goes until June or July.
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