DOW flirting with 10,000. When do you think it will finally break the 10k mark?

[DevilsAdvocate]

 

[Captain4]

Nice to hear that the NASDAQ passed 2k for a while yesterday.

 

[amcdonald]

I hope they hit it off

 

[RossMAN]

Originally posted by: amcdonald
I hope they hit it off

You and me both, my 401k will rejoice!

 

[DevilsAdvocate]

Would be nice

 

[MikeMike]

every stock im in but one has gone down, i think its time to sell while im ahead in amd (its gone up over 6$ w/ 1000 shares) and xmsr (up over 8$ but went down 1$ today) and keep my highly volitale stocks hoping to make me money in the game im playing.

MIKE

 

[iwearnosox]

2001.

 

[dxkj]

Im guessing around June to hit 10k and be stable

 

Originally posted by: iwearnosox
2001.

 

[DT4K]

12/7 - 12/13
About six months ago, I bet a co-worker that it would hit 10k before the end of the year. There's still hope.

Originally posted by: nourdmrolNMT1
every stock im in but one has gone down, i think its time to sell while im ahead in amd (its gone up over 6$ w/ 1000 shares) and xmsr (up over 8$ but went down 1$ today) and keep my highly volitale stocks hoping to make me money in the game im playing.

MIKE

Sorry to hear that. My 401k is up about 20% this year. A good chunk of it is in a science and tech fund that has gained around 30% in the last 4 months.

 

[conjur]

DOW above 10,000

But came back down.

 

[LordMagnusKain]

the money is imaginary, get your money out of the stock market now, the ultra rich use the stock market to bilk the working upper class out of it's hard-earned money under the guise of 'retirement'.

the market is over-valued, foreign investment is going to leave very quickly because of our monetary policy and grand fiscal problems. devaluation will be good to start for the export market, then we'll have trade sanctions imposed.. eventually the Japanese will flood the market with our currency and not only will the fed increase it's benchmark rate to something crazy, it may even increase the Reserve requirement, destroying our economy in order to save it from run-away inflation: because green span is a conservative cronie.

Stag-Flation will follow, along with 401ks going south.. you will then try to cash out any way you can. you will then find out your 401k is mostly of your company's stock *who is now going under* and will sell.

the stock will ' pick back up' and you will have it handed to you again for another 10 years wages.. a bubble will end next century and call this century's bilking of the American people another 'fluke' that could 'never happen again'

 

[FeathersMcGraw]

Originally posted by: LordMagnusKain
the money is imaginary, get your money out of the stock market now, the ultra rich use the stock market to bilk the working upper class out of it's hard-earned money under the guise of 'retirement'.

Feel free to hide your money under your mattress while I leave it in the market. We'll see who's ahead thirty years down the line.

 

[AccruedExpenditure]

Originally posted by: LordMagnusKain
the money is imaginary, get your money out of the stock market now, the ultra rich use the stock market to bilk the working upper class out of it's hard-earned money under the guise of 'retirement'.

the market is over-valued, foreign investment is going to leave very quickly because of our monetary policy and grand fiscal problems. devaluation will be good to start for the export market, then we'll have trade sanctions imposed.. eventually the Japanese will flood the market with our currency and not only will the fed increase it's benchmark rate to something crazy, it may even increase the Reserve requirement, destroying our economy in order to save it from run-away inflation: because green span is a conservative cronie.

Stag-Flation will follow, along with 401ks going south.. you will then try to cash out any way you can. you will then find out your 401k is mostly of your company's stock *who is now going under* and will sell.

the stock will ' pick back up' and you will have it handed to you again for another 10 years wages.. a bubble will end next century and call this century's bilking of the American people another 'fluke' that could 'never happen again'

Bitter much?

 

[huey1124]

Originally posted by: Shanti
12/7 - 12/13
About six months ago, I bet a co-worker that it would hit 10k before the end of the year. There's still hope.

Originally posted by: nourdmrolNMT1
every stock im in but one has gone down, i think its time to sell while im ahead in amd (its gone up over 6$ w/ 1000 shares) and xmsr (up over 8$ but went down 1$ today) and keep my highly volitale stocks hoping to make me money in the game im playing.

MIKE

Sorry to hear that. My 401k is up about 20% this year. A good chunk of it is in a science and tech fund that has gained around 30% in the last 4 months.

my 401k is up around 33% for the year. on 1/6, i redistributed my entire balance and put it heavily towards High Technology Sector. if i didn't put 40% into S&P500 Index Fund, i would be up over 50% for the year. (my High Technology Sector fund is up over 60%)

 

[huey1124]

Originally posted by: Shanti
12/7 - 12/13
About six months ago, I bet a co-worker that it would hit 10k before the end of the year. There's still hope.

Originally posted by: nourdmrolNMT1
every stock im in but one has gone down, i think its time to sell while im ahead in amd (its gone up over 6$ w/ 1000 shares) and xmsr (up over 8$ but went down 1$ today) and keep my highly volitale stocks hoping to make me money in the game im playing.

MIKE

Sorry to hear that. My 401k is up about 20% this year. A good chunk of it is in a science and tech fund that has gained around 30% in the last 4 months.

my 401k is up around 33% for the year. on 1/6, i redistributed my entire balance and put it heavily towards High Technology Sector. if i didn't put 40% into S&P500 Index Fund, i would be up over 50% for the year. (my High Technology Sector fund is up over 60%)

 

[Squisher]

I have no idea. Our stock is in the toilet. The only saving grace is that we are suppose to get a new lump sum stock option when my wife gets her promotion in January and it's better if the stock is low then, but I just don't like being down $30K from where I was a month ago.

 

[Zenmervolt]

Originally posted by: LordMagnusKain
the money is imaginary, get your money out of the stock market now, the ultra rich use the stock market to bilk the working upper class out of it's hard-earned money under the guise of 'retirement'.

the market is over-valued, foreign investment is going to leave very quickly because of our monetary policy and grand fiscal problems. devaluation will be good to start for the export market, then we'll have trade sanctions imposed.. eventually the Japanese will flood the market with our currency and not only will the fed increase it's benchmark rate to something crazy, it may even increase the Reserve requirement, destroying our economy in order to save it from run-away inflation: because green span is a conservative cronie.

Stag-Flation will follow, along with 401ks going south.. you will then try to cash out any way you can. you will then find out your 401k is mostly of your company's stock *who is now going under* and will sell.

the stock will ' pick back up' and you will have it handed to you again for another 10 years wages.. a bubble will end next century and call this century's bilking of the American people another 'fluke' that could 'never happen again'

I hope that tin-foil hat you're wearing isn't messing up your hair too much...

ZV

 

[Noirish]

how many people play their 401k like stock?
i usually change it between money and tech funds depends on the rise and fall of the stocked market.
for example, i've been on money funds this week, but after the big fall today, it's about time for me to switch to tech again.
anyone does that?

 

[Zenmervolt]

Originally posted by: orangel
how many people play their 401k like stock?
i usually change it between money and tech funds depends on the rise and fall of the stocked market.
for example, i've been on money funds this week, but after the big fall today, it's about time for me to switch to tech again.
anyone does that?

Active trading almost always under-performs compared to an index fund. You're better off sticking it out in an index fund than trying to time the market.

ZV

 

[LordMagnusKain]

Originally posted by: Zenmervolt

Originally posted by: LordMagnusKain
the money is imaginary, get your money out of the stock market now, the ultra rich use the stock market to bilk the working upper class out of it's hard-earned money under the guise of 'retirement'.

the market is over-valued, foreign investment is going to leave very quickly because of our monetary policy and grand fiscal problems. devaluation will be good to start for the export market, then we'll have trade sanctions imposed.. eventually the Japanese will flood the market with our currency and not only will the fed increase it's benchmark rate to something crazy, it may even increase the Reserve requirement, destroying our economy in order to save it from run-away inflation: because green span is a conservative cronie.

Stag-Flation will follow, along with 401ks going south.. you will then try to cash out any way you can. you will then find out your 401k is mostly of your company's stock *who is now going under* and will sell.

the stock will ' pick back up' and you will have it handed to you again for another 10 years wages.. a bubble will end next century and call this century's bilking of the American people another 'fluke' that could 'never happen again'

I hope that tin-foil hat you're wearing isn't messing up your hair too much...

ZV

it's just how things could work.

anyone in the know has GOT to be concerned about run-away inflation and foreign investors pulling there money out of our markets, not to mention the problems we'll face when we are forced to hike the interest rates to cover the fiscal and monetary liberalism of past years.

 

[SynthesisI]

Gee, December 7-13 is winning!

We'll go back and forth across the line but probably won't continuously stay above ten grand until after the first of January, I predict. Sure is good news though!