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What does this mean to you?


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#1 Chilidawgz

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    A fool and his money... (the second mousie gets the cheese)

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Posted 07 March 2021 - 04:33 PM

bubble.jpg


Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#2 Chilidawgz

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    A fool and his money... (the second mousie gets the cheese)

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Posted 07 March 2021 - 04:57 PM

https://insight.fact...-500-since-2002


Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#3 fib_1618

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Posted 07 March 2021 - 05:14 PM

It means nothing...just fundamental gibberish.

 

Fib


Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

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#4 Chilidawgz

Chilidawgz

    A fool and his money... (the second mousie gets the cheese)

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Posted 07 March 2021 - 07:00 PM

It means nothing...just fundamental gibberish.

 

Fib

Hi Fib. So, I take it you share Don's outlook. To the moon?


Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#5 pdx5

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    I want return OF my money more than return ON my money

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Posted 07 March 2021 - 07:55 PM

What that chart means to me: 2009 and March 2020 were opportunities of a life time to go long.

Both times I was mostly in high yield bond funds, so my simple method of sell stocks high even if early, 

buy when stocks are on sale has worked out fine, without spending time analyzing something 

I have not figured out why stocks get over-valued and why panic selling occurs. Getting ready 

to park my money in high yield bond funds again. Currently 30% long 70% flat.

Tax bill for 2021 is going to kill me.


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#6 Rogerdodger

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Posted 08 March 2021 - 11:04 AM

CNBC:

"Wall Street analysts make a big S&P 500 call for 2021. Market history says ignore them

S&P 500 Earnings Per Share Forward Estimate: 42.94 USD for Q4 2021
"The poor track record of analysts, and the big stock gains this year, suggest the S&P 500 could actually finish lower in 2021."
 
"Fortune teller hit by a bus named COVID. She didn't see it coming."
 

January 29, 2020:

Highest Forward 12-Month P/E Ratio for S&P 500 Since 2002

"analysts are projecting record-high EPS of $177.41 for the S&P 500 for CY 2020." 


Edited by Rogerdodger, 08 March 2021 - 11:17 AM.


#7 fib_1618

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Posted 08 March 2021 - 04:18 PM

 

It means nothing...just fundamental gibberish.

 

Fib

 

Hi Fib. So, I take it you share Don's outlook. To the moon?

 

 

At this point, it looks as though we have gone past the moon and we're on our way to the points unknown!

 

In response, we know this kind of information never leads, it only follows, which makes it "rear view mirror" gibberish.

 

Fib

 

quarterlyspx021521.png

 

quarterlynasdaq021521.png
 


Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions