Call the dow (5/1)!

Redneck1

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The stock market is an International market so in order for it to go up it also has to go up sll over the world, so it is kinda wierd that the recent bounce up seems irrational. Reaction to virus was a overreaction so maybe people are returning to an optimistic view.
 


fireone

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Part of the reason the market went up this week was Bernie dropping out of the race, making Biden the nominee. Biden doesn't really scare me as far as the market goes, the market did just fine under Obama.

The S&P 500 was about 675 when Obama was inaugurated and about 2150 after his 2 terms, roughly a 220% gain in 8 years. Also that time period was the best prices farmers received since the Russian wheat deal. If some of these new meds pan out for the virus by fall markets ought to stabilize. Markets react to the future, not the present.
 

db-2

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My guess of 24442 with the market this morning may, i hope, be to low and will concede a failure to predict the right number.
About 70% of the wife and my savings are in CD with 30% in some kind of stock being handled by someone else.
From Janurary to the end of March those funds in stock had drop about $19,000. So hopefully, April there was some recovery and it continues on and i become a winner in that regards. db
 

db-2

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But your guess was after mine so life is not fair. db
 


Sluggo

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[MENTION=194]Kurtr[/MENTION] and [MENTION=324]JayKay[/MENTION].....don't you know it is not good social media form to quote yourself.
 


db-2

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Imagine that, it is stuck in the 24250 range, maybe be stuck there or slightly higher at close on friday.
Imagine that.
Got letter from Jackson who handles one of the stocks (who knows where) we have.
Loss $8,176 from first of year to end of March and now by 4/23 i got $1,900 of that back. Not sure what the dow was on 4/23 but will sleep good tonight.

God bless Trump. db
 

Ristorapper

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May 1st Countdown:

Monday 4/28/2020: 24,101.55....AR-15 you close @ 24107...Uncle Jimbo @ 23963.26


Tuesday: 24,637.86... 3Roosters 24.601.23 !!...Callem'in 24,731.80...KurtR 24509.23

I'm liking that 25,555.55 (LBrandt) guess if this thing stays bullish the next two days!!!!


Wednesday:

Thursday:

Friday:
 
Last edited:

JayKay

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@Kurtr and @JayKay.....don't you know it is not good social media form to quote yourself.

bah. If we don't bring it up, how will people know/remember how good we are? I can't necessarily speak for Kurt (although sometimes, kinda..) but I sure can't rest on my actual accomplishments. Without bringing them up, they're lost in the clutter of history.
 

3Roosters

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dang.. i would have been in the running if contest was end of trading today. 24,633.86!
Way back on page 2..post #23 on 3/25 i guessed 24,601.23;:;bowdown
still 2 trading days to go in contest though..oh well.. i was close 2 days early.
 

shorthairsrus

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Is this contest end of day friday or beginning (before the UC numbers)?

I was way off -- lot of boomers raising the dead horse up.

Currency exchange next year at this time.
 


njsimonson

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DOWN THE STRETCH THEY COME! With two days remaining (and a lot of help from the Federal Reserve) here's the top 10 who are likely within striking distance after the 4/29 close of 24,633.86!

NameGuess Off By
3Roosters24601.2332.63
Callem'In24731.8097.94
Kurtr24509.23124.63
RANGER 124495.05138.81
Greenrocks24789.39155.53
Brian Renville24471.00162.86
db-224442.00191.86
AR-1524107.00526.86
Uncle Jimbo23963.26670.60
Lbrandt25555.55921.69
Browneye23669.00964.86
 


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