Friendly Reminder
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- fredsheldon
- Platinum Member
- Posts: 1175
- Joined: Tue Jan 17, 2012 1:31 pm
- Location: The Woodlands, Texas
Friendly Reminder
Just a friendly reminder that I suggested after the election that things will look up and that the stock market would respond by breaking the all time record this year. I hope you followed my advice to get into the stock market
I guess most investors are not worried about the gridlock in Washington this week, go figure
Fred Sheldon
The Woodlands, Tx
'52 10ER # 60869 (restored in 2012, used as a dedicated drill press), '52 10ER # 88712 (restored 01/2013), 52 10ER # 71368 (in process of restoring), '83 500 Shorty with OPR installed, '83 520 PowerPro with Lift Assist, 6" Joiner, 6" Belt Sander, 18" Jig Saw, 11" Band Saw, 12" ProPlaner, SS Crosscut Table. SS Dust Collector, Hitachi 1/2" router, Work Sharp 3000 with all attachement, Nova G3 Chuck, Universal Tool Rest, Appalachia Tool Works Sled.
The Woodlands, Tx
'52 10ER # 60869 (restored in 2012, used as a dedicated drill press), '52 10ER # 88712 (restored 01/2013), 52 10ER # 71368 (in process of restoring), '83 500 Shorty with OPR installed, '83 520 PowerPro with Lift Assist, 6" Joiner, 6" Belt Sander, 18" Jig Saw, 11" Band Saw, 12" ProPlaner, SS Crosscut Table. SS Dust Collector, Hitachi 1/2" router, Work Sharp 3000 with all attachement, Nova G3 Chuck, Universal Tool Rest, Appalachia Tool Works Sled.
- dusty
- Platinum Member
- Posts: 21530
- Joined: Wed Nov 22, 2006 6:52 am
- Location: Tucson (Wildcat Country), Arizona
fredsheldon wrote:Just a friendly reminder that I suggested after the election that things will look up and that the stock market would respond by breaking the all time record this year. I hope you followed my advice to get into the stock marketI guess most investors are not worried about the gridlock in Washington this week, go figure
Keep Watching. The trick is to know when to get out.
"Making Sawdust Safely"
Dusty
Sent from my Dell XPS using Firefox.
Dusty
Sent from my Dell XPS using Firefox.
Rain or Shine I'm always in. Just wish I had more in at this time and especially more discretionary funds availble. Just the 401k, 403b and rollover IRAs at this time. Up or down it doesn't really matter until you get ready to take it out and I'm a long way from that.fredsheldon wrote:Just a friendly reminder that I suggested after the election that things will look up and that the stock market would respond by breaking the all time record this year. I hope you followed my advice to get into the stock marketI guess most investors are not worried about the gridlock in Washington this week, go figure
Actually, at these prices you're getting less for you money. It 2008 while the market was going down I got into fundamental analysis and searching for stocks. Good or bad in my analysis, once the market turned all picks did well.
As the quote goes, "Good or bad, all boats wlll rise with the tide."
We could debate the importance and causation of this all day. As a finance guy, I hope most of the members on here are only making small side bets on stocks. If you're over 50, most of your money should be in bonds and treasuries and most of that held to maturity. A little bit in index funds, and unless you have a $10m portfolio treat individual stocks like Vegas - don't bet more than you're willing to lose.fredsheldon wrote:Just a friendly reminder that I suggested after the election that things will look up and that the stock market would respond by breaking the all time record this year. I hope you followed my advice to get into the stock marketI guess most investors are not worried about the gridlock in Washington this week, go figure
That is all. Be responsible folks.
- dusty
- Platinum Member
- Posts: 21530
- Joined: Wed Nov 22, 2006 6:52 am
- Location: Tucson (Wildcat Country), Arizona
Unless they spring a leak and sink.letterk wrote:Rain or Shine I'm always in. Just wish I had more in at this time and especially more discretionary funds availble. Just the 401k, 403b and rollover IRAs at this time. Up or down it doesn't really matter until you get ready to take it out and I'm a long way from that.
Actually, at these prices you're getting less for you money. It 2008 while the market was going down I got into fundamental analysis and searching for stocks. Good or bad in my analysis, once the market turned all picks did well.
As the quote goes, "Good or bad, all boats wlll rise with the tide."
"Making Sawdust Safely"
Dusty
Sent from my Dell XPS using Firefox.
Dusty
Sent from my Dell XPS using Firefox.
-
reddog5362
- Gold Member
- Posts: 155
- Joined: Sat Jan 26, 2013 10:39 am
- Location: Fredericksburg, VA
http://www.zerohedge.com/news/2013-03-0 ... os.twitter
"Mission Accomplished" - With CNBC now lost for countdown-able targets (though 20,000 is so close), we leave it to none other than Jim Cramer, quoting Stanley Druckenmiller, to sum up where we stand (oh and the following list of remarkable then-and-now macro, micro, and market variables), namely that "we all know it's going to end badly, but in the meantime we can make some money" - ZH translation: "just make sure to sell ahead of everyone else."
- Dow Jones Industrial Average: Then 14164.5; Now 14164.5
- Regular Gas Price: Then $2.75; Now $3.73
- GDP Growth: Then +2.5%; Now +1.6%
- Americans Unemployed (in Labor Force): Then 6.7 million; Now 13.2 million
- Americans On Food Stamps: Then 26.9 million; Now 47.69 million
- Size of Fed's Balance Sheet: Then $0.89 trillion; Now $3.01 trillion
- US Debt as a Percentage of GDP: Then ~38%; Now 74.2%
- US Deficit (LTM): Then $97 billion; Now $975.6 billion
- Total US Debt Oustanding: Then $9.008 trillion; Now $16.43 trillion
- US Household Debt: Then $13.5 trillion; Now 12.87 trillion
- Labor Force Particpation Rate: Then 65.8%; Now 63.6%
- Consumer Confidence: Then 99.5; Now 69.6
- S&P Rating of the US: Then AAA; Now AA+
- VIX: Then 17.5%; Now 14%
- 10 Year Treasury Yield: Then 4.64%; Now 1.89%
- EURUSD: Then 1.4145; Now 1.3050
- Gold: Then $748; Now $1583
- NYSE Average LTM Volume (per day): Then 1.3 billion shares; Now 545 million shares
Heath
Central Louisiana
-10ER - SN 13927, Born 1949, Acquired October 2008, Restored November, 2008
-10ER - SN 35630, Born 1950, Acquired April 2009, Restored May 2009, A34 Jigsaw
-Mark V - SN 212052, Born 1986, Acquired Sept 2009, Restored March 2010, Bandsaw
-10ER - SN 39722, Born 1950, Acquired March 2011, awaiting restoration
Central Louisiana
-10ER - SN 13927, Born 1949, Acquired October 2008, Restored November, 2008
-10ER - SN 35630, Born 1950, Acquired April 2009, Restored May 2009, A34 Jigsaw
-Mark V - SN 212052, Born 1986, Acquired Sept 2009, Restored March 2010, Bandsaw
-10ER - SN 39722, Born 1950, Acquired March 2011, awaiting restoration
- fredsheldon
- Platinum Member
- Posts: 1175
- Joined: Tue Jan 17, 2012 1:31 pm
- Location: The Woodlands, Texas
So, if you own gold or are looking for affordable health coverage, things are looking up, otherwise, we have a long ways to go 
Fred Sheldon
The Woodlands, Tx
'52 10ER # 60869 (restored in 2012, used as a dedicated drill press), '52 10ER # 88712 (restored 01/2013), 52 10ER # 71368 (in process of restoring), '83 500 Shorty with OPR installed, '83 520 PowerPro with Lift Assist, 6" Joiner, 6" Belt Sander, 18" Jig Saw, 11" Band Saw, 12" ProPlaner, SS Crosscut Table. SS Dust Collector, Hitachi 1/2" router, Work Sharp 3000 with all attachement, Nova G3 Chuck, Universal Tool Rest, Appalachia Tool Works Sled.
The Woodlands, Tx
'52 10ER # 60869 (restored in 2012, used as a dedicated drill press), '52 10ER # 88712 (restored 01/2013), 52 10ER # 71368 (in process of restoring), '83 500 Shorty with OPR installed, '83 520 PowerPro with Lift Assist, 6" Joiner, 6" Belt Sander, 18" Jig Saw, 11" Band Saw, 12" ProPlaner, SS Crosscut Table. SS Dust Collector, Hitachi 1/2" router, Work Sharp 3000 with all attachement, Nova G3 Chuck, Universal Tool Rest, Appalachia Tool Works Sled.