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Without an antiviral treatments by late summer I fear 2009 Dow levels will be the range 10-12k .
 
Posts: 2714 | Registered: March 22, 2010Reply With QuoteReport This Post
Ignored facts
still exist
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My prediction for the upcoming week (which is based on all the available information I have right now)...

Down 2,997 points on Monday
Up 1,048 points on Tuesday
Down 1,338 points on Wednesday
Up 188 points on Thursday
Down 913 points on Friday

Total loss of 4014 points for the upcoming week.

I'll give you an update for the week of March 30 in about a week Wink


----------------------
Let's Go Brandon!
 
Posts: 10926 | Location: 45 miles from the Pacific Ocean | Registered: February 28, 2003Reply With QuoteReport This Post
Get Off My Lawn
Picture of oddball
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Bloodbath tomorrow



"I’m not going to read Time Magazine, I’m not going to read Newsweek, I’m not going to read any of these magazines; I mean, because they have too much to lose by printing the truth"- Bob Dylan, 1965
 
Posts: 16694 | Location: Texas | Registered: May 13, 2003Reply With QuoteReport This Post
Member
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quote:
Originally posted by oddball:
Bloodbath tomorrow


The Dow futures are up 648 at 8:23 AM EDT. My wife says there must be some news out there.

She suggested that maybe Nancy Pelosi died.


----------------------------------------------------
Dances with Crabgrass
 
Posts: 2183 | Location: East Virginia | Registered: October 12, 2009Reply With QuoteReport This Post
Shall Not Be Infringed
Picture of nhracecraft
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quote:
Originally posted by radioman:
My prediction for the upcoming week (which is based on all the available information I have right now)...

Down 2,997 points on Monday
Up 1,048 points on Tuesday
Down 1,338 points on Wednesday
Up 188 points on Thursday
Down 913 points on Friday

Total loss of 4014 points for the upcoming week.

I'll give you an update for the week of March 30 in about a week Wink

No Thanks.... Roll Eyes


____________________________________________________________

If Some is Good, and More is Better.....then Too Much, is Just Enough !!
Trump 2024....Save America!
"May Almighty God bless the United States of America" - parabellum 7/26/20
Live Free or Die!
 
Posts: 8886 | Location: New Hampshire | Registered: October 29, 2011Reply With QuoteReport This Post
Get Off My Lawn
Picture of oddball
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quote:
Originally posted by Hay2bale:
The Dow futures are up 648 at 8:23 AM EDT. My wife says there must be some news out there.

She suggested that maybe Nancy Pelosi died.


That should bring us back up to 29k Big Grin



"I’m not going to read Time Magazine, I’m not going to read Newsweek, I’m not going to read any of these magazines; I mean, because they have too much to lose by printing the truth"- Bob Dylan, 1965
 
Posts: 16694 | Location: Texas | Registered: May 13, 2003Reply With QuoteReport This Post
Lawyers, Guns
and Money
Picture of chellim1
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quote:
Originally posted by Hay2bale:
The Dow futures are up 648 at 8:23 AM EDT. My wife says there must be some news out there.
She suggested that maybe Nancy Pelosi died.

Nancy Pelosi missed her opportunity yesterday. It doesn't matter how big the bailout was going to be, she and Schumer wanted more.
Now, with the announcement of Open-Ended QE, Including Corporate Bonds, there may be no deal for a direct bailout.



"Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible."
-- Justice Janice Rogers Brown

"The United States government is the largest criminal enterprise on earth."
-rduckwor
 
Posts: 24115 | Location: St. Louis, MO | Registered: April 03, 2009Reply With QuoteReport This Post
Experienced Slacker
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Try buying precious metals now. Oh the prices look great, but NOBODY seems to have any for sale. Measly fractional silver aside, and even then the premiums are ridiculous relative to current bid/ask.

Buy on the dips is always the mantra, but I guess it only works if the other person is willing to sell.

See, I do believe that they have inventory but they are listing it as out of stock. They paid more for it than they can sell it for right now, so they took it off the table until prices come back up.

Just my theory, but I do think I'm right.
 
Posts: 7495 | Registered: May 12, 2004Reply With QuoteReport This Post
Shit don't
mean shit
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Well, I pulled the trigger on XOM today at $31.50 in my wife's 401k account. She'll be 40 this year, so we're in it for the long haul. Time will tell I guess. The money has been in a money market account since Jan 10.
 
Posts: 5760 | Location: 7400 feet in Conifer CO | Registered: November 14, 2006Reply With QuoteReport This Post
Member
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quote:
Originally posted by 1967Goat:
Well, I pulled the trigger on XOM today at $31.50 in my wife's 401k account. She'll be 40 this year, so we're in it for the long haul. Time will tell I guess. The money has been in a money market account since Jan 10.


that's a good call IMO

i have bought XOM and Shell as they have been falling also

---------------------


Proverbs 27:17 - As iron sharpens iron, so one man sharpens another.
 
Posts: 8940 | Location: Florida | Registered: September 20, 2004Reply With QuoteReport This Post
Ammoholic
posted Hide Post
quote:
Originally posted by Hay2bale:
quote:
Originally posted by oddball:
Bloodbath tomorrow


The Dow futures are up 648 at 8:23 AM EDT. My wife says there must be some news out there.

She suggested that maybe Nancy Pelosi died.

Could America possibly be that lucky?
 
Posts: 6919 | Location: Lost, but making time. | Registered: February 23, 2011Reply With QuoteReport This Post
Go Vols!
Picture of Oz_Shadow
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I'm wondering why Netflix stock is not skyrocketing.
 
Posts: 17887 | Location: SE Michigan | Registered: February 10, 2007Reply With QuoteReport This Post
Ethics, antics,
and ballistics
Picture of Dtech
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I increased my 401K contributions percentage dramatically two pay periods ago and have even been transferring an additional cash amount to mutual funds weekly for the past three weeks. My wife and I have 15 to 20 years to go for our projected retirement time frame and we are not likely to ever get an opportunity like this during that time frame again IMHO so I will continue to do so until there is a substantial recovery under way. The money we are saving now due to the more limited spending activity is going to pay off big time in the future.


-Dtech
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Posts: 4413 | Location: Central Florida | Registered: April 03, 2006Reply With QuoteReport This Post
Green grass and
high tides
Picture of old rugged cross
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I am curious about what percentage of your portfolio that has been affected by the market in the last few weeks. The dow dropping from 29k to 18k and some change. What percentage of your portfolio has gone away?



"Practice like you want to play in the game"
 
Posts: 19186 | Registered: September 21, 2005Reply With QuoteReport This Post
Run Silent
Run Deep

Picture of Patriot
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Nice little run on RCL as they have secured new credit line for two years...


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The problem with Socialism is that eventually you run out of other people's money. - Margaret Thatcher
Spread my work ethic, not my wealth
 
Posts: 6984 | Location: South East, Pa | Registered: July 04, 2002Reply With QuoteReport This Post
Partial dichotomy
posted Hide Post
quote:
Originally posted by Oz_Shadow:
I'm wondering why Netflix stock is not skyrocketing.


Last I checked it was up over $20




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Posts: 38675 | Location: SC Lowcountry/Cape Cod | Registered: November 22, 2002Reply With QuoteReport This Post
Run Silent
Run Deep

Picture of Patriot
posted Hide Post
quote:
Originally posted by 6guns:
quote:
Originally posted by Oz_Shadow:
I'm wondering why Netflix stock is not skyrocketing.


Last I checked it was up over $20



+23


_____________________________
Pledge allegiance or pack your bag!
The problem with Socialism is that eventually you run out of other people's money. - Margaret Thatcher
Spread my work ethic, not my wealth
 
Posts: 6984 | Location: South East, Pa | Registered: July 04, 2002Reply With QuoteReport This Post
Member
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quote:
Originally posted by Patriot:
Nice little run on RCL as they have secured new credit line for two years...


nice

i jumped in a bit early on RCL -- at $30 / share -- but I think they'll be fine long term

their CEO has been around for a long time so this isn't his first rodeo -- Financial Crisis, H1N1, etc.

I also got NCLH at around $7 / share so I'm up a bit on that for now.

I want to hold these for a few years and see what happens.

Hopefully this anomaly will pass in the next 6 months or so.

---------------------------------


Proverbs 27:17 - As iron sharpens iron, so one man sharpens another.
 
Posts: 8940 | Location: Florida | Registered: September 20, 2004Reply With QuoteReport This Post
Now in Florida
Picture of ChicagoSigMan
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Today's nibbles included: AAPL, ABBV, BRK, D, GS, MMM, MSFT, SO, and T. Tried to get VZ, but my limit order didn't get filled.
 
Posts: 6063 | Location: FL | Registered: March 09, 2009Reply With QuoteReport This Post
Ignored facts
still exist
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^^^ Awesome. You guys are much bolder than I. I'm just frozen and doing nothing, but I know some day I'll kick myself for not buying (other than 401K contributions). Too scared right now.


----------------------
Let's Go Brandon!
 
Posts: 10926 | Location: 45 miles from the Pacific Ocean | Registered: February 28, 2003Reply With QuoteReport This Post
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