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Started By
Message
re: Dow will be at 30,000 by early summer
Posted on 5/26/20 at 2:33 pm to Hussss
Posted on 5/26/20 at 2:33 pm to Hussss
quote:
There is a huge difference between money and currency. The matrix has people blinded to this fact.
Money is a store of value. Your time and freedom are stored here.
Currency is a medium of exchange that constantly leaks its value as inflation eats it away.
Besides this being a Huss post, not sure why it’s being downvoted
1
Posted on 5/26/20 at 3:07 pm to jimbeam
quote:Probably because of this part of his post,
Besides this being a Huss post, not sure why it’s being downvoted
quote:That's total bullshite taken straight out of 19th century Mises doctrine.
Money is a store of value. Your time and freedom are stored here.
Money is a medium of exchange. It is not a "store of value."
We use money to buy things that can store value.
Posted on 5/26/20 at 3:09 pm to LSURussian
Russian, you seem to be informed. We going to hit 29,000 before the election?
Posted on 5/26/20 at 3:22 pm to DiamondDog
I posted back on March 20 when the DJ closed at 19,174 that it would be near 25,000 before the November Presidential election. LINK
That was too conservative, since it went over 25,000 today in intra-day trading.
So if I had to guess, I'd guess yeah, we'll see the DJ hit 29,000 before the election. But that's just a forced guess.
Of course, that's baring any big spike in virus cases/deaths or if the vaccines now in clinical trials all crap out.
That was too conservative, since it went over 25,000 today in intra-day trading.
So if I had to guess, I'd guess yeah, we'll see the DJ hit 29,000 before the election. But that's just a forced guess.
Of course, that's baring any big spike in virus cases/deaths or if the vaccines now in clinical trials all crap out.
Posted on 5/26/20 at 3:24 pm to LSURussian
Me in this thread...
quote:
Money is a store of value. Your time and freedom are stored here.
quote:
Money is a medium of exchange. It is not a "store of value."
Posted on 5/26/20 at 5:09 pm to stewie
I always at Husss posts, but they're especially great when LSURussian shows up talking facts and dick slapping Husss up and down the Money board
at Husss posts, but they're especially great when LSURussian shows up talking facts and dick slapping Husss up and down the Money board
Posted on 5/26/20 at 5:24 pm to Boring
Once again no one knows what the future holds (unless maybe you are a republican or democrat on the senate intel committee).
As I Watching CNBC during the worst of this in late March, half of the people said we were going to level out and half said it was going to keep diving down.
As I Watching CNBC during the worst of this in late March, half of the people said we were going to level out and half said it was going to keep diving down.
Posted on 5/26/20 at 5:59 pm to BearsFan
quote:
no one knows what the future holds
Funny how absolutely nobody (meaning the financial journalists and other assorted talking heads) saw this coming, yet they all keep trying to assure us that they know what's going to happen next.
Posted on 5/26/20 at 8:16 pm to LSURussian
quote:
That's total bull shite taken straight out of 19th century Mises doctrine.
Your Mises reference made me Google around and I found this interesting article from the Mises institute.
Mises - Store of Value
Posted on 6/11/20 at 11:26 am to hikingfan
frick. Thought we had good momentum there trending towards 30K the last few weeks.
Posted on 6/11/20 at 11:36 am to hikingfan
Something spooked the Robinhood herd.
Posted on 8/11/20 at 8:27 am to LSURussian
Seems like a good day to bump this thread.
Futures are at 28,003 at this writing.
If the Dow rises on news of a "Russian" Covid vaccine, I imagine when the Nancy's get their FDA approved USA Covid vaccine we'll see a 1000 point day on the news.
Landslide.
Futures are at 28,003 at this writing.
If the Dow rises on news of a "Russian" Covid vaccine, I imagine when the Nancy's get their FDA approved USA Covid vaccine we'll see a 1000 point day on the news.
Landslide.
Posted on 8/11/20 at 8:31 am to HubbaBubba
V shape 
Posted on 8/11/20 at 8:40 am to jimbeam
we need HUSSSSSSSSSSSSSSS to make another doom and gloom thread so market will really take off like a rocket so we can all buy more!
Posted on 8/11/20 at 8:43 am to hikingfan
You could be right
Here’s an interesting observation
When we look back a year from now and analyze the earnings of the companies in the SP500, it will resemble what is typical of a normal recession. We all know that this has been different from a normal recession but when it comes to earnings, that’s about all this is going to be when it comes to earnings.
Here’s an interesting observation
When we look back a year from now and analyze the earnings of the companies in the SP500, it will resemble what is typical of a normal recession. We all know that this has been different from a normal recession but when it comes to earnings, that’s about all this is going to be when it comes to earnings.
This post was edited on 8/11/20 at 9:30 am
Posted on 8/11/20 at 8:50 am to Fat Bastard
to the moon baby!!!
Posted on 8/11/20 at 10:23 am to iAmBatman
i just bought more shares of a certain security. screw it
Posted on 8/14/20 at 1:11 am to Fat Bastard
28,000 -- Here we come! 30,000 by Sep 22nd, the official end of summer in 2020, might actually happen. 
Posted on 9/2/20 at 8:58 am to hikingfan
Sept 2nd and creeping up on 29,000. It's at 28,813 at writing for the Dow.
20 day countdown to the end of summer. Hit 30,000 before Fall? It's still possible, and would take a major rally, but.... possible.
20 day countdown to the end of summer. Hit 30,000 before Fall? It's still possible, and would take a major rally, but.... possible.
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