Dow jones industrial average closes at 15,056.20.... obliterating losses from Great Recession of 2008/09

Quote from boltman2007 : Told you all so when it was back at 8000. Now at 14009.79 .

Wow... congrats. You are so amazing. Can I have your autograph?

Quote from tennis8363 : Wow... congrats. You are so amazing. Can I have your autograph?

Ha..don't be a hater.

Anyone with a brain could tell this was gonna happen.

Where else you going to put money?

Housing... maybe
Gold..already high
Savings... 1%

So that leaves stocks.

The world DID NOT END so people re-invested.
Those who dd nothing but continue to buy stock at lows are now are now way ahead of the 2007 correction.
Like it never happened.

Sell high...buy low

Quote from boltman2007 : Told you all so when it was back at 8000. Now at 14009.79 Those who took money out at 8000 noe officially LOST A TON again! All time high and climbing! Still Trillions on the sidelines and those people now that its high will want in.

Yeah and it took 5-6 years to get there and I am sure will head south again at the next corection whenever that may be. One always looks like a genius at the high, let;'s see you predict the next correction which is going to come...it is just a matter of when\what year.

The reason trillions sit on the sidelines is that people do not trust the crooks on Wall Street and in DC and are not going to spend another decade of zero gains or get ripped off at the next correction. Fool me once, shame on you...fool me twice, shame on me. The government can keep rates at near 0 for however long they want, sooner or later all the money printing and debt will catch up with them and those who got burned the last decade are not coming back. Unless you want to play Vegas and market time, the market remains a rigged game and those that come in at the high and think the party is going to never end will end up waiting another x number of years to recoup their money imo.

If you want to invest in something, try real estate as at least with that you have a tangible asset that does not vaporize.

Quote from boltman2007 : Ha..don't be a hater. Anyone with a brain could tell this was gonna happen. Where else you going to put money? Housing... maybe Gold..already high Savings... 1% So that leaves stocks. The world DID NOT END so people re-invested. Those who dd nothing but continue to buy stock at lows are now are now way ahead of the 2007 correction. Like it never happened. Sell high...buy low

Not a hater, just think this thread is stupid.

Quote from YanksIn2009 : Yeah and it took 5-6 years to get there and I am sure will head south again at the next corection whenever that may be. One always looks like a genius at the high, let;'s see you predict the next correction which is going to come...it is just a matter of when\what year. The reason trillions sit on the sidelines is that people do not trust the crooks on Wall Street and in DC and are not going to spend another decade of zero gains or get ripped off at the next correction. Fool me once, shame on you...fool me twice, shame on me. The government can keep rates at near 0 for however long they want, sooner or later all the money printing and debt will catch up with them and those who got burned the last decade are not coming back. Unless you want to play Vegas and market time, the market remains a rigged game and those that come in at the high and think the party is going to never end will end up waiting another x number of years to recoup their money imo. If you want to invest in something, try real estate as at least with that you have a tangible asset that does not vaporize.

you are right until the end where some real estate actually vaporize...

Quote from tennis8363 : Not a hater, just think this thread is stupid.

Why? Dow 14K is significant

Quote from vinz : you are right until the end where some real estate actually vaporize...

Like anything else, one can make a bad investment in anything. Location and income producing are the key imo. Buying property for speculation sakes is bad news. Buying it to generate income sufficient to pay whatever loans you have on it at a min is what to me makes the most sense. I am not advocating throwing a lot into real estate, but I would try investing a little there before I delve back into stocks at near highs.

The clowns on TV will always say things are great and will continue to do so when things are going good on paper. None can predict the next correction outside of using a ouija board. I have no desire to take my savings to Vegas and day trade.

it's not the all tiime high, sorry

All time high, eh? Give or take a couple hundred points. No one's really counting...

Quote from boltman2007 : Still Trillions on the sidelines and those people now that its high will want in.

Link?

Quote from boltman2007 : Why? Dow 14K is significant

just about as significant as it was last time.... people must have very short memories.

End of the year it'll go down

U.S. default it'll nosedive.

Nothing has changed at all yet stocks are going up, up, up...



I think I've heard this before....

Quote from boltman2007 : Told you all so when it was back at 8000. Now at 14009.79

Oh yeah? Where? And did you say what year it would occur in? The month? The day? And like someone else already asked, when will it correct? Come on smart guy, you got all the answers, lets hear them!