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Posted by
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Dow will be at 30,000 by early summer
Posted by hikingfan
on 4/8/20 at 5:24 pm
22
57At 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?
re: Dow will be at 30,000 by early summerPosted by Tri City Tigers 
on 4/8/20 at 5:27 pm to hikingfan
on 4/8/20 at 5:27 pm to hikingfanWell historically there's a 2nd dip and it's always worse than the first. Let's see if history repeats itself.
re: Dow will be at 30,000 by early summerPosted by Shepherd88 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.
re: Dow will be at 30,000 by early summerPosted by gatorsimz 
on 4/8/20 at 5:44 pm to Tri City Tigers
on 4/8/20 at 5:44 pm to Tri City TigersI 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.
re: Dow will be at 30,000 by early summerPosted by OleWarSkuleAlum 
on 4/8/20 at 6:05 pm to gatorsimz
on 4/8/20 at 6:05 pm to gatorsimzquote:
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.
re: Dow will be at 30,000 by early summerPosted by JakeRStephenes 
on 4/8/20 at 6:30 pm to Sput
on 4/8/20 at 6:30 pm to SputAs Rick Santelli said, it's the Great Cessation. Start her up.
re: Dow will be at 30,000 by early summerPosted by crazycubes 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
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re: Dow will be at 30,000 by early summerPosted by RebelExpress38 
on 4/8/20 at 7:07 pm to Tri City Tigers
on 4/8/20 at 7:07 pm to Tri City Tigersquote:
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
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.
re: Dow will be at 30,000 by early summerPosted by SloaneRanger on 4/8/20 at 10:21 pm to hikingfan
on 4/8/20 at 10:21 pm to hikingfanquote:
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.
re: Dow will be at 30,000 by early summerPosted by geauxpurple on 4/8/20 at 10:33 pm to hikingfan
on 4/8/20 at 10:33 pm to hikingfanI am riding the roller coaster down and hopefully up, but if it hits 30,000 this summer my arse is selling.
re: Dow will be at 30,000 by early summerPosted by thatguy777 on 4/8/20 at 10:33 pm to MrJimBeam
on 4/8/20 at 10:33 pm to MrJimBeamDon’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
re: Dow will be at 30,000 by early summerPosted by Paul Allen 
on 4/8/20 at 10:34 pm to SloaneRanger
on 4/8/20 at 10:34 pm to SloaneRangerThe 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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