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Re: Dow hit 28,000's Friday anyone listen ? [Re: Kansas Cat] #7684908
10/03/22 11:54 PM
10/03/22 11:54 PM
Joined: Apr 2007
Posts: 5,849
ohio
Ohio Wolverine Offline
trapper
Ohio Wolverine  Offline
trapper

Joined: Apr 2007
Posts: 5,849
ohio
Originally Posted by Kansas Cat
That's too bad. JMO, but I would say the chance that he can see the future is pretty near zero. Unless your brother is on Trapperman and his screen name is Jbyrd63. If that is the case, all bets are off. LOL.

LOL NO! But even as a kid other people called him a thing on a thissel .


We have met the enemy and the enemy is us!
Re: Dow hit 28,000's Friday anyone listen ? [Re: BvrRetriever] #7684913
10/04/22 12:16 AM
10/04/22 12:16 AM
Joined: Feb 2008
Posts: 1,384
WI
B
BvrRetriever Offline
trapper
BvrRetriever  Offline
trapper
B

Joined: Feb 2008
Posts: 1,384
WI
Originally Posted by BvrRetriever
What’s it going to do tomorrow jbryd? Let me know tonight.


I guess when you can shake the crystal balls like jbyrd63, you can’t do it for free.

Re: Dow hit 28,000's Friday anyone listen ? [Re: BvrRetriever] #7684935
10/04/22 03:04 AM
10/04/22 03:04 AM
Joined: Apr 2007
Posts: 5,849
ohio
Ohio Wolverine Offline
trapper
Ohio Wolverine  Offline
trapper

Joined: Apr 2007
Posts: 5,849
ohio
Originally Posted by BvrRetriever
Originally Posted by BvrRetriever
What’s it going to do tomorrow jbryd? Let me know tonight.


I guess when you can shake the crystal balls like jbyrd63, you can’t do it for free.



You believe that Martha Sewart really went to prison?
Puzzles me how she wasn't chastised like anyone else?
Came out on top again?
Wonder why?


We have met the enemy and the enemy is us!
Re: Dow hit 28,000's Friday anyone listen ? [Re: BvrRetriever] #7684957
10/04/22 05:54 AM
10/04/22 05:54 AM
Joined: Feb 2014
Posts: 13,059
Ky
J
jbyrd63 Offline OP
trapper
jbyrd63  Offline OP
trapper
J

Joined: Feb 2014
Posts: 13,059
Ky
Originally Posted by BvrRetriever
Originally Posted by BvrRetriever
What’s it going to do tomorrow jbryd? Let me know tonight.


I guess when you can shake the crystal balls like jbyrd63, you can’t do it for free.


Sorry beaver. Just saw this Like I said IF YOU BOUGHT on Friday when it was in the 28,000 you will be ok . It will jump again today Like I said I’m done for the year Just praying we aren’t slinging nukes or dodging them by Christmas!!

Re: Dow hit 28,000's Friday anyone listen ? [Re: jbyrd63] #7685004
10/04/22 07:46 AM
10/04/22 07:46 AM
Joined: Jan 2018
Posts: 284
Montana/Florida
G
Gene Dziza Offline
trapper
Gene Dziza  Offline
trapper
G

Joined: Jan 2018
Posts: 284
Montana/Florida
I heard Warren Buffett say in an interview, “I can’t even predict what the market is going to do in a year, let alone a day.”

Re: Dow hit 28,000's Friday anyone listen ? [Re: jbyrd63] #7685079
10/04/22 10:22 AM
10/04/22 10:22 AM
Joined: Feb 2014
Posts: 13,059
Ky
J
jbyrd63 Offline OP
trapper
jbyrd63  Offline OP
trapper
J

Joined: Feb 2014
Posts: 13,059
Ky
Sorry beaver. Just saw this Like I said IF YOU BOUGHT on Friday when it was in the 28,000 you will be ok . It will jump again today Like I said I’m done for the year Just praying we aren’t slinging nukes or dodging them by Christmas!!
Posted that at 6 am BOOM right on cue !!! LOL LOL



Yep if you bought on FRIDAY like I suggested YOU BE HAPPY right now !!!!

No more, time to chase a deer you guys all become millionaires and live long and all that ............

I'm out ......

Last edited by jbyrd63; 10/04/22 10:26 AM.
Re: Dow hit 28,000's Friday anyone listen ? [Re: Gene Dziza] #7685082
10/04/22 10:27 AM
10/04/22 10:27 AM
Joined: Feb 2014
Posts: 13,059
Ky
J
jbyrd63 Offline OP
trapper
jbyrd63  Offline OP
trapper
J

Joined: Feb 2014
Posts: 13,059
Ky
Originally Posted by Gene Dziza
I heard Warren Buffett say in an interview, “I can’t even predict what the market is going to do in a year, let alone a day.”


That's why he called me on Thursday LOL LOL LOL

Re: Dow hit 28,000's Friday anyone listen ? [Re: jbyrd63] #7685179
10/04/22 01:25 PM
10/04/22 01:25 PM
Joined: Mar 2007
Posts: 35,129
McGrath, AK
W
white17 Offline

"General (Mr.Sunshine) Washington"
white17  Offline

"General (Mr.Sunshine) Washington"
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Joined: Mar 2007
Posts: 35,129
McGrath, AK
Some of you are overlooking the obvious.

Last Friday was the last trading day of the third quarter. As such, a lot of large money managers sold the losers from their portfolios. Also JP Morgan rolled over a HUGE options hedge which also caused a spike in prices on the S&P to the downside.

Monday was.....the first day of the 4th quarter and all that cash generated from Friday's sales needs to go back into the market.......so traders are now buying the "relative" winners from last quarter.

It is all referred to as "window dressing"....so their portfolio results don't look as bad as they really were. Today is just a follow through on that action.

Also the Reserve Bank of Australia raised its key rate 25 basis points..instead of 50 bp.......reinforcing the hope that our FED will also slow down rate increases.

So unless you believe that the war in Ukraine will soon end, and that oil supply will increase, and recession will recede, while the US Fed continues to raise rates and kill jobs............then I would expect to see more downside movement of the indices.

I'd be tickled to be wrong


Mean As Nails
Re: Dow hit 28,000's Friday anyone listen ? [Re: jbyrd63] #7685218
10/04/22 02:26 PM
10/04/22 02:26 PM
Joined: Dec 2006
Posts: 15,594
MN, Land of 10,000 Lakes
T
Trapper7 Offline
trapper
Trapper7  Offline
trapper
T

Joined: Dec 2006
Posts: 15,594
MN, Land of 10,000 Lakes
Heard today that the DOW was in the black over 700. That makes the second day in a row. Just last week it took a big dip. What drove the big positive spike?


I don't care how nice the hand soap smells, you should never walk out of the restroom sniffing your fingers.
Re: Dow hit 28,000's Friday anyone listen ? [Re: charles] #7685219
10/04/22 02:29 PM
10/04/22 02:29 PM
Joined: Dec 2006
Posts: 15,594
MN, Land of 10,000 Lakes
T
Trapper7 Offline
trapper
Trapper7  Offline
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Joined: Dec 2006
Posts: 15,594
MN, Land of 10,000 Lakes
Originally Posted by charles
Up over 700 today.

OPEC has a big meeting Wednesday. Some people think the Saudi govt will reduce oil output by 600,000 barrels per day.

That's what I heard on NewsMax this morning, I misunderstood him to say it was a done deal. That must have been his opinion, not fact.


I don't care how nice the hand soap smells, you should never walk out of the restroom sniffing your fingers.
Re: Dow hit 28,000's Friday anyone listen ? [Re: Trapper7] #7685241
10/04/22 02:57 PM
10/04/22 02:57 PM
Joined: Dec 2006
Posts: 21,539
Sandhills Nebraska
G
Gary Benson Offline
trapper
Gary Benson  Offline
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Joined: Dec 2006
Posts: 21,539
Sandhills Nebraska
Originally Posted by Trapper7
Heard today that the DOW was in the black over 700. That makes the second day in a row. Just last week it took a big dip. What drove the big positive spike?

Read White17s post just above yours.


Life ain't supposed to be easy.
Re: Dow hit 28,000's Friday anyone listen ? [Re: jbyrd63] #7685288
10/04/22 04:14 PM
10/04/22 04:14 PM
Joined: Sep 2013
Posts: 4,822
Nevada
N
nvwrangler Offline
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Joined: Sep 2013
Posts: 4,822
Nevada
From what i was reading last week October is the most volatile month there is especially in an election year.

Re: Dow hit 28,000's Friday anyone listen ? [Re: jbyrd63] #7685316
10/04/22 04:51 PM
10/04/22 04:51 PM
Joined: Jan 2007
Posts: 2,932
NY
R
Rat_Pack Offline
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Rat_Pack  Offline
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Joined: Jan 2007
Posts: 2,932
NY
They say the 4th quarter usually has good earnings with the holiday seasons

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