Dow at 17,000. What's more likely to happen first: it drops to 15,000 or continues to 20,000?

[SECplayer]

DOW closing in on 18,000.


currently sitting at 17,940 this morning. Re-reading this thread, there's quite a bit of good discussion.

 

[SECplayer]

18,005 this morning.

 

[SECplayer]

18,140

 

[5teamparlay]

It's getting hammered today, was holding steady at 18k for while before today--


17,833.48. -272.29 (1.50%)

 

[SECplayer]

It's getting hammered today, was holding steady at 18k for while before today--


17,833.48. -272.29 (1.50%)

Right back to 18,000+ this morning.

 

[The Guesser]

 

[cloverleaf]

You people are missing one glaring fact, the US dollar has been allowed to erode dramatically in recent years Vs other world currencies. The apparent rise of the US stock markets is almost completely wiped out when viewed in Euro terms for example. Try changing a dollar for a pound in London these days (or Canada or Japan or...)

The rise in the US markets is a well orchestrated illusion created by US monetary policy in recent years

+1 Smart man!

 

[5teamparlay]

AFTER REACHING AN ALL TIME HIGH AT 18,312 its stuck around 17K

[h=2]Dow Jones Industrial Average (^DJI)[/h] -DJI Watchlist

17,373.38

 

[TheComputerGroup]

Yeah, Health South reached $48 2 days ago & then lost $4, down to $44 & change......very wacky!

I wonder if the Greek 60% or more loss from their banks & stock market clunker has much to do with our stock market?

 

[5teamparlay]

OH shite

[h=2]Dow Jones Industrial Average (^DJI)[/h] -DJI

16,459.75

530.94(3.12%) 4:20PM EDT


Add to Portfolio

 

[TheComputerGroup]

I think the Dow Jones will take a big tumble next 6 months......

 

[VicVega91]

Headed down to 12,000 or so

 

[TheComputerGroup]

Headed down to 12,000 or so

I concur......I thought something bad could happen after June.....let's see if it happens.

 

[LoCalDallasGuy]

welp, if that is the case.. i will save and get ready to throw in later.

 

[groundhog11]

Headed down to 12,000 or so

Wow, that would be a big correction..

 

[cloverleaf]

Buy Ford!

I'm a little pimp on the smoke screen. Bought 1250 today.

I own a good number of Ford shares now...looking for opportunity to buy more.

Not in any hurry...none....especially as a small timer.

 

[PatsFan1283]

Buy Ford!

I'm a little pimp on the smoke screen. Bought 1250 today.

I own a good number of Ford shares now...looking for opportunity to buy more.

Not in any hurry...none....especially as a small timer.

This is an off the wall prediction but I could see Apple buying a big automaker like Ford or GM within the next 3-5 years. Designing a car is one thing but the supply chain takes 6-7 years to build and they have no industry knowledge of how to do so. They have 200M in cash and Ford is valued at 60 so it wouldn't be a big leap as implausible as it does sound.

If that happened it would likely be at a solid 20-30% premium to their stock price at the given time.

 

[cloverleaf]

Pats, you look at a stock in a forward, progressive way.

I look at a stock I can buy at a price that will give me a strong return in the not so distant future.

I'm aware of Ford problems...also aware of the F-150 truck and down the road potential.

Hell sir, I ain't in any hurry....should be able to by groceries for awhile.

 

[brucefan]

Janet will save the day

 

[DrunkenHorseplayer]

Good time to buy LVS at $47.99.