so another +18% from current levels ..... i don't see it in 2017 but i think we'll see it at some point in the next 3 years i vote no
I think I am with @bigbear0083 and will go with nope. 17% to 18% gains for the next 6 months seem like a tall order, I think Europe and EM might attract more inflows than us too because of cheaper valuations. If we get some serious progress on tax reform though, it could be achievable. Just my 2 cents, Interesting poll
I think 2018 end would be a better target.... But, seeing as how we keep nudging ATH's on weak economic reports.... I'll vote YES.... Cause I believe sooner than later those economic reports will turn to strength
I voted yes because my "mathematics" say so.... but yes but? many things could happen before the end of year but a decision had to be made so I said yes .... IMO it will carry on (too many don't like Trump because he does not do the things that the big finances etc... ask him to do) so will let him go so far they they will attach therefore the market will suffer and ??? falling market? ok I don't wont to go into politics, although are those behind the scene that control everything!!!! I stop here wishing you a nice enjoyable w/e
hate to bump this old thread but man crazy to think we're not too far off from dow 25k now ... what are we right now, another +6% or so from current levels? this could easily happen if we see a strong EOY rally. i'm not holding my breathe on that outcome but just sayin'.
Haha definitely doable but I still would bet on Dow 25K not gonna happen The Dow has really outperformed the S&P and the NASDAQ for the last 3 months or so though
damn ... this isn't looking so "far-fetched" now! we could easily see another +4% in december (which would get us to dow 25k) for the traditional SCR (santa claus rally) especially that tax reform seems to be moving along nicely!
wish @Timbo still chimed in to stockaholics ... looks like this has a real legit shot of happening ... only another +1.50% away from here with still 13 trading days left to the year ... helluva call!
I'm back after taking a break. People thought I was nuts, some still do. I also said S&P would hit 2750 or really close by years end and here we are. The 2017 market was really great to me, not to mention my plunge into the cryptocurrency world, I have been really blessed. I'm all cash at the moment waiting on the sidelines.
Had to take a break, working 70+ hours a week, trying to build a house and trading was more than the old man could handle.
I'm right there with ya on the hours... but you got more grit than me building a house at the same time!
that is pretty awesome to hear Tim. really glad you are back. you've been missed around here. merry xmas and happy new year to you and the fam.
Looks like the DOW will fall a little short of 25K unless we have a pretty good day tomorrow, but it is still a very nice call by @Timbo
Didn't make 25,000 but got really close, I also said S&P would print 2,750. Again really close but didn't make it. Funny thing is people thought I was nuts,some still do,I tend to go against the grain for the most part. It's who I am, my style,my way, its just me. I have about as much ability to predict the market as a monkey playing football, I read,study vigorously and stay alert. 2017 was a great year for me, wall street was very kind but it's all about the way you play it. A great friend has the motto "Swim with the sharks or get fed to the piranhas" I live by that rule on a daily basis, made some bad mistakes and got my nose bloodied many times, but I got back up, shook it off and learned from my mistakes.
