User Panel
Posted: 5/19/2022 3:56:26 PM EDT
post your prediction for the lowest day close of the DJIA whenever the bottom may occur. winner gets bragging rights.
20,087 |
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Let's go over the rules first.
-Is this closest without going over? ETA: If so... I'll say 27,051 |
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Quoted: https://d1bdmzehmfm4xb.cloudfront.net/original/3X/c/7/c7a4e6399b24d16ecd1398cd0f09a667e4209d89.gif View Quote You saw my episode?!? |
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There are two trading gaps that will be "filled". A gap in March 2020 & again in November 2020. Those two gaps created a rare occurrence - a trading island. Running down to 28,700 or so to cover those gaps will happen. I'm not sure the market will stop there and 26,300 might begin to show bottom resistance.
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30K, because the numbers, the dollars, and the metrics aren't real anymore.
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Quoted: post your prediction for the lowest day close of the DJIA whenever the bottom may occur. winner gets bragging rights. 20,087 View Quote Losers lose their life savings and retirement accounts. |
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It won't surprise me if we see 25xxx by Independence day this year. S&P could be around 36xx.
I'm sitting out for a bit and the more I see buying opportunities continue the more my patience grows. |
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Quoted: post your prediction for the lowest day close of the DJIA whenever the bottom may occur. winner gets bragging rights. 20,087 View Quote 23.87 % lower than the all time high. Not looking it up. I bet I’m close. |
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28,000 ish is a good bet. I could see it spiking down to 26,500 during a nasty capitulation rout, but we have to keep in mind, that there are many more dollars in circulation, than before Covid.
What would the DJIA be with a Shiller P/E of 19? |
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Quoted: 23.87 % lower than the all time high. Not looking it up. I bet I’m close. View Quote View All Quotes View All Quotes Quoted: Quoted: post your prediction for the lowest day close of the DJIA whenever the bottom may occur. winner gets bragging rights. 20,087 23.87 % lower than the all time high. Not looking it up. I bet I’m close. That would be 28,132 |
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