stock market has gone nuts

Discussion in 'General Chat' started by demosfen, Jul 16, 2007.

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  1. #1
    Looks like DOW may close above 14k any day now. It's about as insane as California real estate bubble a few years ago...
     
    demosfen, Jul 16, 2007 IP
  2. sachin410

    sachin410 Illustrious Member

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    #2
    More than a two dozen world markets have made all time highs in last few days, including US, Canada, Brazil and India.

    Bears have no place to hide right now. :D.
     
    sachin410, Jul 16, 2007 IP
  3. snapplekid13

    snapplekid13 Active Member

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    #3
    If the US goes up a buck its an all time high so yea no surprise about the US
     
    snapplekid13, Jul 16, 2007 IP
  4. cherry_yuya

    cherry_yuya Active Member

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    #4
    The old adage "Buy in April and Go away in May" did not happen also so we are still subject to correction sometimes later in this year perhaps. But what do I know.
     
    cherry_yuya, Jul 16, 2007 IP
  5. longhornfreak

    longhornfreak Well-Known Member

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    #5
    I know the worst part is my dad and I sold our stocks last month so we are missing out. One of my stocks almost doubled :(
     
    longhornfreak, Jul 16, 2007 IP
  6. Jackuul

    Jackuul Well-Known Member

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    #6
    When it hits 14K everyone is gonna sell sell sell.

    When we hit 2k, I'll be laughing my arse off whilst calling them all morons and pointing at RE, the safest investment besides gold.
     
    Jackuul, Jul 16, 2007 IP
  7. baseballworld

    baseballworld Peon

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    #7
    This is why I do not invest in the stock market..
     
    baseballworld, Jul 16, 2007 IP
  8. smartz993

    smartz993 Peon

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    #8
    The stock market is too unpredictable.
     
    smartz993, Jul 16, 2007 IP
  9. demosfen

    demosfen Peon

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    #9
    So true, I had to convert everything into gold and similiar hard assets. Very few investment opportunities around (unless one believes that bull market can last forever)
     
    demosfen, Jul 16, 2007 IP