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The Dow will plummet to below 20K...

 
DAVE400 2018-12-18 06:29:25 

Within the next 6 months...

Memba me seh so...

 
Runs 2018-12-18 08:40:58 

In reply to DAVE400

Have any stock tips?

 
nick2020 2018-12-18 08:52:04 

In reply to Runs

lol

 
camos 2018-12-18 09:13:04 

In reply to Runs

well I guess based on Dave you should short the DOW index!

lol

 
SnoopDog 2018-12-18 10:27:01 

In reply to Runs

Have any stock tips?


It's going to be a bear market fire sale Bro. lol

The hard part is knowing when to cash out or moving your dough into something more stable.

One of the guys I work with loves bear markets. Why? Because he uses his dividends to buy up more cheap shares and cashes out during the bull run. He's a follower of some Buffett dude. big grin

 
StumpCam 2018-12-18 10:32:02 

In reply to DAVE400

OK, Nostradamnass lol

 
SnoopDog 2018-12-18 10:35:48 

In reply to DAVE400

Are You Ready for the Financial Crisis of 2019?

After a decade of low interest rates that fueled a massive run-up in stocks, real estate and other assets, financial Cassandras are not hard to find. Paul Tudor Jones, the billionaire investor, recently posited that we are likely in a “global debt bubble,” and Jim Rogers, the influential fund manager and commentator, has forewarned of a crash that will be “the biggest in my lifetime” (he is 76).

What might prove the pinprick to the “everything bubble,” as doomers like to call it? Could be anything. Could be nothing. Only time will tell if the everything bubble is a bubble at all. But, just a decade after the last financial crisis, here are five popular doom-and-gloom scenarios.

Happy holidays!

 
djdrastic 2018-12-18 10:37:26 

In reply to SnoopDog

That's a sound strategy if you manage to pick right.

There's a book written in the early 2000's called Triumph of the Optimists that really goes into depth about some of those strategies.The stats on compound interest and dividend reinvestment is eye opening.You could end up with something ridicilous like 80x times the return vs a capital gains model especially if bear markets are around.

 
SnoopDog 2018-12-18 10:45:12 

In reply to djdrastic

That's a sound strategy if you manage to pick right.

There's a book written in the early 2000's called Triumph of the Optimists that really goes into depth about some of those strategies.The stats on compound interest and dividend reinvestment is eye opening.You could end up with something ridicilous like 80x times the return vs a capital gains model especially if bear markets are around.


You're absolutely right. That colleague of mine is the definition of a conservative investor. He buys almost exclusively shares in blue chip companies that have been around for decades, which pay dividends, and have proven over to those decades to be recession proof (ie. Coca Cola, Colgate, and the big 4 Canadian banks). Only rarely will he buy risky stocks to flip like recently when he bought marijuana stocks and flipped them for a $40K profit. And guess what he did with half of that profit? He bought up more bank stocks! He'll never buy tech stocks - too volatile and risky.

I don't listen to anyone else for financial advice but that dude.

 
VIX 2018-12-18 10:58:21 

In reply to SnoopDog

That guy knows the game! That's a sound, foolproof strategy

I'm sure he's buying up the blue chips right now while everyone else is panicking! ($JNJ anyone?)

Successful traders plan for at least least 3-5 years down the line, not 5 weeks or five days.

Watching and reacting to day-to-day volatility is a sure sign of the novice investor.

 
DAVE400 2018-12-18 11:00:04 

Just remember I called the crash of 2008 months before...

Get over the envy of my intelligence and use my advice to manage your risks.

 
camos 2018-12-18 11:07:02 

In reply to VIX

Successful traders plan for at least least 3-5 years down the line, not 5 weeks or five days.





disagree! trading is short term day to day ,or month.. investing is what you describing.

 
SnoopDog 2018-12-18 11:08:46 

In reply to VIX

Watching and reacting to day-to-day volatility is a sure sign of the novice investor.


That's the investor who buys risky stocks, doesn't have proper diversification, and doesn't adhere to the principles of value investments.

Those guys are at the mercy of the Wall Street crooks.

 
SnoopDog 2018-12-18 11:09:52 

In reply to camos

trading is short term day to day ,or month..


a.k.a gambling.

 
VIX 2018-12-18 11:11:25 

In reply to camos

ok grammar nazi, off to the gas chamber I go lol

 
StumpCam 2018-12-18 11:20:47 

In reply to camos

Dollar cost averaging. That’s all the common man needs to know about investing!

 
camos 2018-12-18 11:38:10 

In reply to SnoopDog

yeah ! more like gambling or market timing.

 
camos 2018-12-18 11:39:26 

In reply to VIX


nothing to do with grammar! two different concepts.

 
Runs 2018-12-18 11:50:13 

Greenspan not sounding very optimistic

 
SnoopDog 2018-12-18 12:12:28 

In reply to Runs

Greenspan not sounding very optimistic


That guy is still alive! Isn't he like 120 years old? lol

 
Headley 2018-12-18 13:05:20 

In reply to DAVE400

Get over the envy of my intelligence and use my advice to manage your risks.


Difficult to get over my envy. My stocks (goats and sheep) are very low risk and well managed. lol

 
DAVE400 2018-12-18 13:25:21 

In reply to Headley

Sorry...but I can't seem to have an opinion here without some short man trying to be funny.

 
nitro 2018-12-18 14:13:10 

Somebody trying to beat Prof.

 
camos 2018-12-18 15:33:19 

so the stock buy back run out of steam!

 
sgtdjones 2018-12-19 09:36:35 

In reply to SnoopDog

Hey snoopy

Took my bitcoin profits and sunk it into GE shares.

In 12 months 14 dollars

cool

 
camos 2018-12-19 09:43:20 

In reply to sgtdjones

GE is done my friend, will never be back to its past glory!

 
DAVE400 2018-12-19 10:12:27 

Bitcoin has rallied close to 20% in the last week...break out the champagne

 
sgtdjones 2018-12-19 10:35:37 

In reply to camos

GE assets are worth more than its liabilities.

Watch how it will move next year.

lol lol

 
sgtdjones 2018-12-19 10:41:53 

In reply to DAVE400

I still have 4 bitcoins

I believe that Bitcoin will push back above $10,000 during 2019 and make a new all-time high above $20,000 within the next two years.

Will keep them, I made a big profit when I sold the rest around 16 k.

cool

 
camos 2018-12-19 10:57:20 

In reply to sgtdjones

GE assets are worth more than its liabilities.



that only means it is viable, but the market value companies based on their income generating abilities outside of the medical unit I am not sure about the prospects.

 
VIX 2018-12-19 11:15:15 

In reply to camos

Catching falling knives is a well known novice strategy big grin

Sandra/socafighter should stick to copy-pasting, he/she/it is an expert at that

 
sgtdjones 2018-12-19 14:26:39 

In reply to camos


Information about General Electric

General Electric has a net $40.8 billion revolving credit line with lenders. As of September 30, 2018, the company had ZERO borrowings under these credit facilities. This is hardly the sign of a company experiencing financial stress.

For example, GE Aviation alone is worth a lot more than the market cap of all of General Electric. A good comparison for GE Aviation is Boeing (BA). The market is trading Boeing at a forward PE ratio of 21. Here is a look at GE Aviation's third quarter performance:

GE Aviation had $1.7 billion in the third quarter profits. On an annual basis, GE Aviation could have $6.8 billion in profits. Multiply that by a forward PE ratio of 21 and GE Aviation would trade at $143 billion. There is no doubt it is worth more than the market value for all of General Electric. The current market cap for all of General Electric is only $62 billion.

For GE Healthcare $.9 billion of quarterly profits, On an annual basis, the profits for GE Healthcare would be $3.6 billion. Medtronic (MDT) is a good comp for GE Healthcare. Medtronic is trading for a forward PE ratio of 18. GE Healthcare could be worth $65 billion on the market if it traded for the same valuation that Medtronic is currently trading for.

One can see that the bearish case for General Electric seems to be way overdone. Aviation and Healthcare are not businesses that are heading for obsolescence. The company is methodically improving its balance sheet. And the company expects to raise $7.8 billion in cash coming from near-term asset sales.

Summary
GE has ample assets and liquidity to cover all of its liabilities. There are no signs this company is heading towards serious financial problems.

GE Aviation is worth a lot more than the entire market cap of General Electric.

GE Healthcare is worth more than the entire market cap of General Electric.

Some of its debt trades well below par, which provides opportunities.


Link Text

The idiot with an ant moving aimlessly is a moron Trini,
do like I do ignore him.

smile

 
DAVE400 2018-12-20 09:21:36 

Bitcoins rally is seriously misguided...

 
DAVE400 2018-12-21 06:01:07 

Down to under 23k...

 
DAVE400 2018-12-24 10:27:26 

Falling....

 
Runs 2018-12-24 10:28:21 

And Trump will be a 3 term pressy

 
camos 2018-12-24 10:29:25 

Trump is thinking about firing Dow Jones! lol

 
Oilah 2018-12-24 11:20:46 

In reply to camos

Trump is thinking about firing Dow Jones! lol



lol lol

 
Jamstar 2018-12-24 11:35:54 

Below 22,000 now.

This shit happening fast

 
Runs 2018-12-24 11:42:45 

In reply to Jamstar

my 401k ira etc done, kaput, wiped out,
if god spare life to old age a gun gafo pickup cans cry

 
ray 2018-12-24 11:44:21 

In reply to Runs

I moved everything about 10 days ago

 
Runs 2018-12-24 11:47:40 

In reply to ray
I had in targeted fund date in old job, oh well

 
camos 2018-12-24 11:57:50 

biggest and best bear market ever! really Trump style.

 
ray 2018-12-24 12:01:32 

In reply to Runs

you have time...yuh is a young man cool

 
Emir 2018-12-24 12:05:13 

In reply to Runs

Don't despair, if you have at least 7 years before retirement, you'll be fine.

Check your balance from one year ago, you'll see only this year's gain has been wiped clean. so in the bright side, you are equal to where you were last year. wink

 
sgtdjones 2018-12-24 12:06:01 

Dow Jones

21,968.07-477.30 (-2.13%)

As of 12:19 PM EST. Market open.

 
sgtdjones 2018-12-24 12:25:04 

The Dow Jones Industrial Average sank Monday after the blue-chip index fell 6.9% last week, its worst week since 2008. The S&P 500 dropped 7.1% and the Nasdaq declined 8.4% and entered bear market territory.

The U.S. stock market will close Monday at 1 p.m. ET, will be closed for Christmas Day, and will reopen with a full day of trading on Wednesday, Dec. 26.

 
Runs 2018-12-24 12:28:28 

In reply to Emir

7? oh my thanks lol

 
Runs 2018-12-24 12:28:52 

In reply to ray

Will brace and hold, thanks

 
Emir 2018-12-24 12:46:38 

In reply to Runs

I said at least 7 wink

 
sgtdjones 2018-12-24 13:03:05 

Dow dives 600 points to below 22,000, S&P 500 enters bear market - worst Christmas Eve ever

Trump resumed his attack on the Fed on Monday, tweeting that the central bank is “the only problem” with the U.S. economy.

Treasury Secretary Steven Mnuchin held calls on Sunday with the heads of the six largest U.S. banks in order to reassure nervous investors.

The NYSE closes early on Monday at 1 p.m. ET. The exchange is closed on Tuesday for Christmas day.



Market Summary > Dow Jones Industrial Average
INDEXDJX: .DJI

21,811.81 - 633.56 (2.82%)

Dec. 24, 1:00 p.m. EST ·

 
nitro 2018-12-24 13:30:31 

In reply to sgtdjones

DEEP STATE lead by Obama and Clinton sabotaging The Donald!

 
Jamstar 2018-12-24 13:51:42 

In reply to nitro

So it's Obama fault???

 
Runs 2018-12-24 14:27:27 

Chuck n Nancy has a xmas message


Statement from Nancy Pelosi and Chuck Schumer: "It's Christmas Eve and President Trump is plunging the country into chaos. The stock market is tanking and the president is waging a personal war on the Federal Reserve — after he just fired the Secretary of Defense."

 
Darkness 2018-12-24 17:06:13 

Got Gold anyone?

 
birdseye 2018-12-24 18:10:36 

I watched my little play fund went from 33k to 8k in a month before I caved in --- 8k of the losses was my money – the rest was profit they took back ---- all because I listened to nitro – that trump was going to make America great again ---- I guess that ‘great’ was not intended for me for me

 
sgtdjones 2018-12-24 20:35:21 

In reply to birdseye

razz razz razz

 
Oilah 2018-12-25 00:48:40 

Trump on de stock market...heads I win tails you lose.

When it up it's all because of him when it down he en got nuttin to do wid it rolleyes

 
RemainsUnknown 2018-12-26 14:10:30 

In reply to DAVE400

hang tight.......for now.... wink wink wink

BREAKING NEWS: Dow surges 600 points, Amazon and energy lead the gains | Check indexes

 
RemainsUnknown 2018-12-26 14:17:24 

In reply to Runs

my 401k ira etc done, kaput, wiped out,
if god spare life to old age a gun gafo pickup cans cry
Never put all your eggs in one basket. Well, well... I thought you were smarter than that. Hmm.... wink wink wink

 
Runs 2018-12-26 14:18:39 

In reply to RemainsUnknown

rolleyes wink

 
RemainsUnknown 2018-12-26 14:19:52 

In reply to birdseye

I watched my little play fund went from 33k to 8k in a month before I caved in --- 8k of the losses was my money – the rest was profit they took back ---- all because I listened to nitro – that trump was going to make America great again ---- I guess that ‘great’ was not intended for me for me
That's hilarious...... SURE you listened to Nitro's advice.... yet you believed the opposite.... but, nonetheless, someone has to be blamed..... lol lol lol

 
Khaga 2018-12-26 15:54:30 

Short covering rally? Whose shorts and panties showing? lol

Love those dips..

 
sgtdjones 2018-12-26 16:07:32 

Breaking news, 4 p.m.: The Dow Jones industrial average on Wednesday closed up more than 1,000 points, a rise that came after waves of selling had raised fears about the state of the economy.

 
Khaga 2018-12-26 16:14:38 

The biggest one day point gain in the history of DOWkind.. lol

 
camos 2018-12-26 16:15:10 

is the government buying stocks to stabilize the market?

 
Ewart 2018-12-26 17:01:34 

In reply to Runs

Greenspan not sounding very optimistic



Hmmmm.....


Don't remember him being anything other than that.....


//

 
cricketmygame 2018-12-26 19:56:34 

the DOW crash today


lol lol lol lol

 
birdseye 2018-12-26 22:30:19 

Did trump blame the fed chairman for the thousand point Dow gain today? Well he blame him for the fall – no? so why not credit him for the rise?..... No? trump takes credit for all positives? What a man…. i am just flabbergasted that people still follow this man --- so-called intelligent people --- flabbergasted confused

 
DAVE400 2019-01-08 17:22:53 

Bump...