DOW closes above 9,500 (Reagan, illegal, death, Clinton)

[AnUnidentifiedMale]

Originally Posted by cleoT

I'm not saying this has happened to you, so please don't mistake me. I do feel for you and hope you can sell soon!

Thank you, but no, I'm not in that position. I was just pointing out that there still are a lot of problems in the housing market.

[LordBalfor]

PS -

I WILL predict the DOW will be above 10,000 by the end of the year, and that the S&P will be above 1,100 and the NASDQ above 2,100.

How's that?

Ken

PS - What's YOUR prediction for those?

[SLCPUNK]

Originally Posted by LordBalfor

(so much for the claim that the DOW wouldn't hold up above 8,000 that some posters made).

And -

NASDAQ back above 2,000
S&P back above 1,000

Housing sales up to the highest point in 2 years (and with the biggest monthly increase on record).

Things are looking up. The economy is on the mend.


Ken

Don't tell that to the chicken littles, half of them are still wearing a neck braces after the sky fell on their heads.

[ViewFromThePeak]

Originally Posted by LordBalfor

PS -

I WILL predict the DOW will be above 10,000 by the end of the year, and that the S&P will be above 1,100 and the NASDQ above 2,100.

How's that?

Ken

PS - What's YOUR prediction for those?

I don't make nominal predictions (I only price in gold), but I make an exception for the short term since inflation will take about a year to REALLY kick in.

DOW will be 8,000 and S&P back below 1,000. NASDAQ between 1,800 and 1,900 (call it 1,850).

Whoever is closer, wins .

[Pug Life]

Originally Posted by ViewFromThePeak

I don't make nominal predictions (I only price in gold), but I make an exception for the short term since inflation will take about a year to REALLY kick in.

DOW will be 8,000 and S&P back below 1,000. NASDAQ between 1,800 and 1,900 (call it 1,850).

Whoever is closer, wins .

Where's your response to my post from November? I put my money where my mouth was, so now you're running away from the argument you know you've lost?

10,500 DJIA
1,150 S&P
2,350 NASDAQ

[Finn_Jarber]

Originally Posted by ViewFromThePeak

That's cool. I made all of my money shorting homebuilders in 2006/2007 and participating in shorts of CDOs just before the mortgage meltdown. Whoever though schadenfreude could actually be profitable?

Couple of months ago you said you made all your money from short sales of financial stocks

[walidm]

Originally Posted by Pug Life

Where's your response to my post from November? I put my money where my mouth was, so now you're running away from the argument you know you've lost?

10,500 DJIA
1,150 S&P
2,350 NASDAQ

My money's on Pug.....

[SLCPUNK]

I still think we will retest the lows one more time.

[AlfredB1979]

Originally Posted by SLCPUNK

I still think we will retest the lows one more time.

Agreed.

Too many junk companies out there (Ford and Sirius come to mind, oddly enough...) with inflated stock prices considering how flawed they are right now. How does a company that can't make a profit last quarter without accounting help (Ford) have a stock price worth a flip at all? Maybe I'm wrong for seeing that as a problem.

General Motors was listed as a "BUY!" stock once upon a time as well.

But, why let details get in the way?

[RobertGibbs]

Has anybody told balford that just because that there is a small spike in the market, that there's no need for a new thread? Jeez, I just remember earlier this week all kinds of people whining about posting every time the corrupt, speculated market made a move.