chef Posted December 1, 2017 Report Share Posted December 1, 2017 2 hours ago, OILERMAN said: Fell sharply DOWN to still above 24K. With Trump as pres, full-blown nuclear saber-rattling out of Pyongyang, a special council investigation that could conceivable bring down a President (not thinking it really will). And yet DJ still sits above 24,000, on a bad day. With the lowest volatility run in history. Would have never expected that in a 1,000 years if two yeas ago I knew all the news except the market numbers. The group of items to actually crash it? Legit conflict with N Korea, investigation heating up to serious levels, but even more than that tax bill not passing (every conceivable recent historical study shows the tax cuts for corps will end up primarily in the form of shareholder divs and buybacks, upper level bonuses, some additional internal investment/expansion, expansion via takeovers, and last but not least - though mostly least - higher salaries... which would end up as high as they need to be regardless of tax cut based simply on wage pressure with low employment rates and lack of skilled workers. thus market up on expected additional instant % gains via this tax bill). The one that might really crash the market? Massive turnabout in Congress to populist Dems in the Bernie vein. Again not thinking that is the likelihood, but a legit anti-Wall ST Congress will send them running in the short term, pocketing gains and playing wait and see. Very unlikely though. OILERMAN 1 Link to post Share on other sites More sharing options...
OILERMAN Posted December 2, 2017 Report Share Posted December 2, 2017 @chef I heard someone the other day say that the world banks are pouring so much money into the markets that it's almost impossible to derail the market. I don't think anything can slow it down. When it pops it will likely be a big one though Link to post Share on other sites More sharing options...
abenjami Posted December 2, 2017 Author Report Share Posted December 2, 2017 Yeah I was going to say LOL at a sharp drop of way less than 1% wiscotitansfan 1 Link to post Share on other sites More sharing options...
OILERMAN Posted January 4, 2018 Report Share Posted January 4, 2018 Dow 25k, the @abenjami run continues! Link to post Share on other sites More sharing options...
Downtown Posted January 5, 2018 Report Share Posted January 5, 2018 22 hours ago, OILERMAN said: Dow 25k, the @abenjami run continues! With the stock market looking like it'll continue this rally, I've given myself 10k to day-trade cryptocurrencies. Super fun. I'm up 2k in a week. Gambling gone big. Link to post Share on other sites More sharing options...
Supdawg Posted January 5, 2018 Report Share Posted January 5, 2018 55 minutes ago, Downtown said: With the stock market looking like it'll continue this rally, I've given myself 10k to day-trade cryptocurrencies. Super fun. I'm up 2k in a week. Gambling gone big. We should compare notes... What's some of your breakouts that you like? Link to post Share on other sites More sharing options...
OILERMAN Posted January 5, 2018 Report Share Posted January 5, 2018 I can’t help but think the crypto currency market will end very badly Jamalisms 1 Link to post Share on other sites More sharing options...
Downtown Posted January 5, 2018 Report Share Posted January 5, 2018 3 hours ago, Supdawg said: We should compare notes... What's some of your breakouts that you like? REQ, XLM, XRP, NEO, EOS are the ones I'm keeping track of. Aeron (ARN) had a huge rally today, most likely because it was just adde to binance. Link to post Share on other sites More sharing options...
Downtown Posted January 5, 2018 Report Share Posted January 5, 2018 1 hour ago, OILERMAN said: I can’t help but think the crypto currency market will end very badly Either bitcoin will crash because the lightning network fails or the others will crash because the lightning network succeeds. I don't think the technology is going away, instead its going to takeover and you have to gamble which of the 1300 cryptos will be the foundation of a new economy. There are multiple trillion dollar markets that could be radically transformed by crypto technology. This isn't a total fluke, but the market is still in the billions (dot com market was 3 trillion before it crashed). So if anything, I want to ride the year hard and see if I can make 1000%+ margins. Link to post Share on other sites More sharing options...
Supdawg Posted January 6, 2018 Report Share Posted January 6, 2018 4 hours ago, OILERMAN said: I can’t help but think the crypto currency market will end very badly The market is growing at 100 billion dollars per month. Will be past a global 1 trillion $ market cap in 2 months. Is it a bubble? Nope, I don't think so. Not yet at least. Stil so many people dying to get into the exchanges but literally are being turned away because the demand is so much that they literally can't confirm new accounts. I've heard almost 200K people per day were trying to sign up on Binance. That all comes with verification of ID/passports/etc.... There are dozens of legit real world use cases for many of these coins. From VPN to WW Logistics, to Intellectual Property protection, to currency exchanges, etc... The list goes on and on. Crypto is a once in a generation way to make wealth. Get in or lose your opportunity. It's pretty much going to be the future of everything. Everything will be on the blockchain. One thing is for sure. There are some crap coins and companies out there trying to make money. They will go away, but there will be some strong players that will endure through the test of time. Link to post Share on other sites More sharing options...
Supdawg Posted January 6, 2018 Report Share Posted January 6, 2018 3 hours ago, Downtown said: REQ, XLM, XRP, NEO, EOS are the ones I'm keeping track of. Aeron (ARN) had a huge rally today, most likely because it was just adde to binance. I own some XRP.... Was trying to purchase since it was in the .25 cent range... Couldn't get my accounts verified. Bitstamp still hasnt verified my account from 3 weeks ago. I also like: LTC, VEN, POE, SUB, NEQ, ELF, AST Link to post Share on other sites More sharing options...
pat Posted January 8, 2018 Report Share Posted January 8, 2018 On 1/5/2018 at 2:46 PM, OILERMAN said: I can’t help but think the crypto currency market will end very badly Thing is, the difficulty getting out of the market also prevents a run on the bank Link to post Share on other sites More sharing options...
Jamalisms Posted January 9, 2018 Report Share Posted January 9, 2018 I may have mentioned it before, but I ended up with 22.6% in my 401k through simple retirement date funds and some corporate stock. Not overthinking it seems wise to me. Link to post Share on other sites More sharing options...
OILERMAN Posted January 10, 2018 Report Share Posted January 10, 2018 My Vanguard funds did 17.8%(Real Estate Investment Trust didn't do great, pulled it down) My 401k did 18.22% Here is another thing about this" @abenjami bull market" 2017 is the first time in history the S&P 500 did not have one single losing month. This is also the 2nd longest streak the market has ever had without more than a 5% correction Link to post Share on other sites More sharing options...
abenjami Posted January 10, 2018 Author Report Share Posted January 10, 2018 I read an article last week about how crazy positive the market has been. Apparently there is still lots of cash on the sidelines and some are predicting the market will soon bubble even higher because cash on the sidelines will get invested due to people not wanting to miss out any longer. Then you’ll have some profit taking causing a downturn. That was the theory anyway. Link to post Share on other sites More sharing options...
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