OILERMAN Posted July 4, 2019 Report Share Posted July 4, 2019 On 7/24/2016 at 12:48 AM, abenjami said: However, I can tell you three things for sure. 1. At some point in the relatively near future, it will go down below 17,000 again. 2. From a long term perspective, it will go back up afterwards. 3. None of us are going to be able to time it perfectly. People often get too wrapped up in advanced analytics that they miss the obvious and forget basic economic principles. Buy low, sell high. The market is higher than it's ever been right now. I'm liquidating and waiting for the fall. When the time seems right, I will dump my wad of cash back in at a lower price point. We're a couple of weeks shy of this post being 3 years old. The market(Dow, which you used) was around 17k, it's now just barely under 27k. At this point it would take a 37% fall to get back down to 17k, certainly not impossible. The only question is how much higher will it go before we get another pull back. Rate of return for DOW: 2016: 13.42% 2017: 25.08% 2018: -5.63% 2019 year to date: 15.60% CreepingDeath, and wiscotitansfan 2 Link to post Share on other sites More sharing options...
abenjami Posted July 5, 2019 Author Report Share Posted July 5, 2019 16 hours ago, OILERMAN said: We're a couple of weeks shy of this post being 3 years old. The market(Dow, which you used) was around 17k, it's now just barely under 27k. At this point it would take a 37% fall to get back down to 17k, certainly not impossible. The only question is how much higher will it go before we get another pull back. Rate of return for DOW: 2016: 13.42% 2017: 25.08% 2018: -5.63% 2019 year to date: 15.60% The question isn't how much higher, the question is how long until the pull back. Link to post Share on other sites More sharing options...
OILERMAN Posted July 7, 2019 Report Share Posted July 7, 2019 There hasn't been a real pull back since 08. Now politicians and the Fed seem intent on making sure the markets keep going up with stock buy backs(the tax cuts), monetary easing and keeping interest rates low. How long can they keep doing it? 1 more year, 5, 10? Who the hell knows Link to post Share on other sites More sharing options...
abenjami Posted July 7, 2019 Author Report Share Posted July 7, 2019 1 hour ago, OILERMAN said: There hasn't been a real pull back since 08. Now politicians and the Fed seem intent on making sure the markets keep going up with stock buy backs(the tax cuts), monetary easing and keeping interest rates low. How long can they keep doing it? 1 more year, 5, 10? Who the hell knows They can keep doing it until policy changes, something in the house of cards breaks down, or something crazy like another terrorist attack happens. The last pull back was more than 50% in less than 18 months. It all began when the housing market took a dump due to the subprime mortgages and the Fed having to bail out Fannie, Freddie, and a couple of large banks. I certainly wasn't expecting it to take this long though, especially with Trump in office. Link to post Share on other sites More sharing options...
OILERMAN Posted July 7, 2019 Report Share Posted July 7, 2019 55 minutes ago, abenjami said: They can keep doing it until policy changes, something in the house of cards breaks down, or something crazy like another terrorist attack happens. We've had Brexit, Trump getting elected, interest rate raises and tariffs threat, experts said those events might do it. Nada. It's usually something people don't see coming though Link to post Share on other sites More sharing options...
Number9 Posted July 10, 2019 Report Share Posted July 10, 2019 On 5/14/2019 at 2:05 PM, Number9 said: I started watching MAXR a few weeks ago. I took a full position in it on a spike up at the high of the day 5/3/19, 6.50. I regretted not starting sooner. I placed another order for a fall back in the 5's. I bought again yesterday near the high @7.50. I have seen stocks like this before, hesitation is a killer. This security has a historical high in the 80's. I hesitate to share because the market is fickle, but in my opinion this is an easy triple. My plan is to double my original position, then sell half when I am up 100%. I then let it ride. I am already up 36% on my total investment. These types stocks you don't know about until the story is over. I have learned not to wait. I still have my order to buy on a pullback to 5.50, but I doubt it's going to fill. I added more today @8.85. Plenty time left, weeks. OILERMAN 1 Link to post Share on other sites More sharing options...
OILERMAN Posted January 9, 2020 Report Share Posted January 9, 2020 Broad markets funds did anywhere from 20-30 % for the year Link to post Share on other sites More sharing options...
abenjami Posted January 9, 2020 Author Report Share Posted January 9, 2020 29 minutes ago, OILERMAN said: Broad markets funds did anywhere from 20-30 % for the year It's going to be interesting to see what happens during election time. Trump has a history of leaving a path of shit when he exits. If he loses the election, will the market crash? Link to post Share on other sites More sharing options...
OILERMAN Posted January 9, 2020 Report Share Posted January 9, 2020 7 hours ago, abenjami said: It's going to be interesting to see what happens during election time. Trump has a history of leaving a path of shit when he exits. If he loses the election, will the market crash? He deleted this but are you predicting your 409k will go down? Donald J. Trump (realDonaldTrump) STOCK MARKET AT ALL-TIME HIGH! HOW ARE YOUR 409K’S DOING? 70%, 80%, 90% up? Only 50% up! What are you doing wrong? Link to post Share on other sites More sharing options...
abenjami Posted January 9, 2020 Author Report Share Posted January 9, 2020 (edited) 409k LOL But that's sort of where my post was headed. Trump might have deleted his tweet but there's no denying the market has skyrocketed during his presidency. What happens if a democrat wins the election? I think it crashes. Edited January 9, 2020 by abenjami Link to post Share on other sites More sharing options...
Number9 Posted January 10, 2020 Report Share Posted January 10, 2020 On 5/14/2019 at 2:05 PM, Number9 said: I started watching MAXR a few weeks ago. I took a full position in it on a spike up at the high of the day 5/3/19, 6.50. I regretted not starting sooner. I placed another order for a fall back in the 5's. I bought again yesterday near the high @7.50. I have seen stocks like this before, hesitation is a killer. This security has a historical high in the 80's. I hesitate to share because the market is fickle, but in my opinion this is an easy triple. My plan is to double my original position, then sell half when I am up 100%. I then let it ride. I am already up 36% on my total investment. These types stocks you don't know about until the story is over. I have learned not to wait. I still have my order to buy on a pullback to 5.50, but I doubt it's going to fill. MAXR closed today @18.86. You may never hear of this company, but it's under heavy accumulation. I'm up 175%. Link to post Share on other sites More sharing options...
OILERMAN Posted January 10, 2020 Report Share Posted January 10, 2020 9 hours ago, abenjami said: 409k LOL But that's sort of where my post was headed. Trump might have deleted his tweet but there's no denying the market has skyrocketed during his presidency. What happens if a democrat wins the election? I think it crashes. People said the market would crash if Obama was elected and said the same thing when Trump was elected Link to post Share on other sites More sharing options...
OILERMAN Posted January 10, 2020 Report Share Posted January 10, 2020 Since this thread was started my 401k has made just under 300k. I have other accounts as well but just my 401k Link to post Share on other sites More sharing options...
titanruss Posted January 11, 2020 Report Share Posted January 11, 2020 They both did and both quickly recovered. Link to post Share on other sites More sharing options...
OILERMAN Posted February 27, 2020 Report Share Posted February 27, 2020 On 7/24/2016 at 12:48 AM, abenjami said: I'm liquidating and waiting for the fall. Come on Corona Virus! If we get a 60% infection rate with a 2.2% death rate that shuts down the US economy you may have timed this thing perfectly! abenjami, and Starkiller 2 Link to post Share on other sites More sharing options...
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