Roller coaster called THE DOW

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Old 06-05-2013, 03:46 PM
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anarick anarick is offline
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Default Roller coaster called THE DOW

Dow went back under 15,000 today.
It was up to 15,400 a couple of weeks ago.
I guess it's true when they say, 'what goes up must come down'
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Old 06-05-2013, 04:51 PM
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Quote:
Originally Posted by anarick View Post
Dow went back under 15,000 today.
It was up to 15,400 a couple of weeks ago.
I guess it's true when they say, 'what goes up must come down'
It's only doing what the Dow has always done and will continue to do.
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Old 06-12-2013, 01:04 PM
Big47moe Big47moe is offline
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The stock market does not go straight up or straight down! IMO buy and hold and adjust when you need to is a strategy that has worked.
If you are in a dividend re-investment program when the market drops dividends buy shares at a lower price and when market rise the portfolio increases in value.
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Old 06-12-2013, 01:22 PM
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The market and I am including the global market is a very scary thing. The Fed's tinker worries me about the bond market and the government continues to interfere with housing , etc. While these factors are ever present they have been exaggerated for the past 5.5 years

the markets continue to reflect the uncertainty too prevalent in the global economy. I have never worried in the past and rode it out but as my window closes it is creating bit of a concern for me.

bottom line i have no confidence in current leadership
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Old 06-12-2013, 01:24 PM
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The Nikkei went from 10,500 to 15,500 in the first five months of this year and is now back around 13,500, but it has never got back to anywhere near its high of 38,916 at the end of 1989

The DOW was 2,732 at the end of 1989, so if it had tracked the Nikkei it would currently be just under 1,000
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