Dow DEFINITELY looks good to 9000

[ktm]

Check the valuations at the beginning of each of those periods. Using REAL earnings, not today's pro-forma voodoo, you'll find that those rising markets were the result of undervaluation. We have clearly overshot to the upside here. On a dollar for dollar basis and including dividends, todays ratios are nearly triple those of the periods you list.

Of course if all you're looking for is a stock that is going up today, all you need is your trusty bar chart.

 

[Jesse J.]

when 9000 proved to be the ultimate POINT of resistance, as told to you by JJ for many weeks.

The evening news will go: "the stock market saw profit- taking after the Dow hit 9000!"

But you knew this weeks ago courtesy of JJ!

and the above poll stilll says "no" as majority answer! what did I say about contrarian analysis?

 

[dbphoenix]

You have to love the way Jesse rewrites history until it's consistent with his perception of reality.

 

[TheCaracal]

Quote from ktm:

Check the valuations at the beginning of each of those periods. Using REAL earnings, not today's pro-forma voodoo, you'll find that those rising markets were the result of undervaluation. We have clearly overshot to the upside here. On a dollar for dollar basis and including dividends, todays ratios are nearly triple those of the periods you list.

Of course if all you're looking for is a stock that is going up today, all you need is your trusty bar chart.

I agree with you, but I am just thinking out loud.

I fought last years run up tooth and nail, and got fried. Just trying to look for different parallels.

Feels good to capture this one, on sidelines now though

Best
david

 

[Tech Analysis]

You know, one day CNBC's gonna be right too, about a market bottom. I guarantee it.

 

[TM_Direct]

Quote from Tech Analysis:

You know, one day CNBC's gonna be right too, about a market bottom. I guarantee it.

....and Battipaglia from Gruntal will finally be able to say " see i told you so"

 

[prox]

Anyone ever notice these type of polls , the one with the most votes tends to be wrong about 90% of the time ?

 

[vulture]

Quote from TM_Direct:

....and Battipaglia from Gruntal will finally be able to say " see i told you so"

One thing is for sure...no one in their right mind would tell that mongoloid he is wrong, at least not to his face...I think he goes about 6-7 300...

 

[limitdown]

Hey,

let me go get my VHS tape of that lady on CNBC saying:

"well, it looks like we're cracking NASDAQ 5000"

 

[TheCaracal]

Quote from vulture:



One thing is for sure...no one in their right mind would tell that mongoloid he is wrong, at least not to his face...I think he goes about 6-7 300...

He is ..saw hime on the train a few times.

But more important, how do these people still have jobs, it's beyond me.

Something really wrong with that.