#4385795 - 10/19/17 02:54 PM
Re: DOW JONES 23,000 ! Buyer Beware
[Re: Haggart]
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Haggart
I Fought Diablo
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I Fought Diablo
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The Lone Star State
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lol ! Panzer I'm only a short distance from 15,000 posts - i have to make it there ! I've never purchased single farm commodities VF9 but i do have an agro-business ETF
"everything lives by a law, a central balance sustains all"
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#4385805 - 10/19/17 03:54 PM
Re: DOW JONES 23,000 ! Buyer Beware
[Re: Haggart]
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Chucky
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UK
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Where's Bill Grant's joke posts to even this out? As for a first date movie,I went with The Exorcist
EV's are the Devils matchbox.
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#4385840 - 10/19/17 07:02 PM
Re: DOW JONES 23,000 ! Buyer Beware
[Re: Haggart]
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TerribleTwo
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We've been used to mediocre production far too long. The USA is a monster.
There's always selling when there's been buying, that's natural. But 23k is too low. Americans haven't seen what the US is capable of for a loooong time.
BTW, I told everyone to buy Facebook when it was $30-$50. FB will make you a millionaire if you hang on to it for 10 years, like I told ya a couple years ago. It'll easily hit $500 within the next 3 years. Stock will split and so forth... Just like Google, Amazon, etc..
"College graduates should not have to live out their 20s in their childhood bedrooms, staring up at fading Obama posters and wondering when they can move out and get going with life" - Paul Ryan
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#4385922 - 10/20/17 11:11 AM
Re: DOW JONES 23,000 ! Buyer Beware
[Re: Haggart]
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VF9_Longbow
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not yet, but it is worth watching carefully. we just came off a period of extreme corn prices. almost every time there is a recession in the US the prices of corn go up - the last time it went up was due to other factors, but again considering the fact that the economy is overdue for a market recession, even if small, it's very likely they will go up. http://www.macrotrends.net/2532/corn-prices-historical-chart-dataalways think long term, 5-10-20 years.
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#4385964 - 10/20/17 03:55 PM
Re: DOW JONES 23,000 ! Buyer Beware
[Re: VF9_Longbow]
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Joined: Mar 2007
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Aullido
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not yet, but it is worth watching carefully. we just came off a period of extreme corn prices. almost every time there is a recession in the US the prices of corn go up - the last time it went up was due to other factors, but again considering the fact that the economy is overdue for a market recession, even if small, it's very likely they will go up. http://www.macrotrends.net/2532/corn-prices-historical-chart-dataalways think long term, 5-10-20 years. But NAFTA could be dead. A trade war looms and in that case corn will be a casualty.
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#4386022 - 10/20/17 09:09 PM
Re: DOW JONES 23,000 ! Buyer Beware
[Re: Haggart]
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Haggart
I Fought Diablo
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I Fought Diablo
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The Lone Star State
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I don't know if this market will hit a DOW of 24,000 before a correction but I decided to sell a lot into cash today before the market close
Last edited by Haggart; 10/20/17 09:13 PM.
"everything lives by a law, a central balance sustains all"
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#4386026 - 10/20/17 09:39 PM
Re: DOW JONES 23,000 ! Buyer Beware
[Re: Haggart]
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TerribleTwo
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If I told you the market was at Ice Cream, and might be at Pizza tomorrow, would you sell?
Confusing eh? The markets are influenced a lot by emotions. Some people love Ice Cream so they'll buy, others love Pizza so they'll buy tomorrow.
The title of this thread is an example. As if 23k itself is some kind of evil demon. People tend to forget that the market goes up and up and up and up... it always has, ALWAYS will. Look at a historical chart. Don't let emotions tell you how to trade.
"College graduates should not have to live out their 20s in their childhood bedrooms, staring up at fading Obama posters and wondering when they can move out and get going with life" - Paul Ryan
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#4386042 - 10/20/17 10:46 PM
Re: DOW JONES 23,000 ! Buyer Beware
[Re: Haggart]
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Mr_Blastman
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The rules of the market are simple...
When everyone is saying buy or miss out--the talking heads, television, news--that's a clear sell signal. Sell asap!
When everyone is saying sell, it's the end of the world, the sky is falling--that's a signal to buy.
When half of the folks are saying sell and the other half are saying buy, like now, that means don't fight the tape, and the market likely has room to go higher.
Market is 1/2 logical(male), 1/2 emotional(female). It is rarely all of one or the other, so, you must treat it as such.
Last edited by Mr_Blastman; 10/20/17 10:47 PM.
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#4386062 - 10/21/17 12:13 AM
Re: DOW JONES 23,000 ! Buyer Beware
[Re: Mr_Blastman]
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Joined: Mar 2007
Posts: 483
Aullido
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Member
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The rules of the market are simple...
When everyone is saying buy or miss out--the talking heads, television, news--that's a clear sell signal. Sell asap!
When everyone is saying sell, it's the end of the world, the sky is falling--that's a signal to buy.
When half of the folks are saying sell and the other half are saying buy, like now, that means don't fight the tape, and the market likely has room to go higher.
Market is 1/2 logical(male), 1/2 emotional(female). It is rarely all of one or the other, so, you must treat it as such. Wonder what your wife think about this.
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Exodus
by RedOneAlpha. 04/18/24 05:46 PM
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