Predict date Dow Jones 📈 hits 40,000!

We didn’t make it
Am deflated

Hutch wrote:
We didn’t make it
Am deflated

Things we also didn't do:

Start the Fire
Light it

Yes I can it's my brush

sweetcell wrote:
you cannot paint their approaches to covid with the same brush.

ok, well may 16 2024 is the day it crossed
https://www.msn.com/en-us/money/markets/the-dow-crosses-40000-for-the-first-time-in-history/ar-BB1mvBZv?ocid=BingNewsSerp

likely won't close over that, but line crossed…what's next 80K

Yes space beat me to it, but he didn't post in the correct thread

Guessing March 28

Sidefi when will you be issuing your BUY order??

^what stock/index is that?

Absosmurfly not…site on the sidelines with cash.  CD's are still paying 3%, so not a bad place to sit
But I do think buying opportunities will happen

Goldman Sachs (GS) said Friday that the likelihood of a recession within the next 12 months has increased from 15% to 20%. If the White House continues with additional tariffs, the bank said the risk of a recession would increase


QQQ (Nasdaq ETF )just lost 6 months of gain in about 3 weeks
is this what great means.  Democrats should be telling people to look at their 401ks…specifically the YTD returns

Wait what kind of operation you running Sidefi??


Tesla

hutch wrote:
Wait what kind of operation you running Sidefi??


Tesla

all of my clients have made millions, so not sure what you are talking about
-narrator: he has never had any clients

hutch wrote:
Wait what kind of operation you running Sidefi??


Tesla

also tesla
look at the 5 years chart

the time to get in was in 2020 (was in the $30s)
You could have even bought in 2023 (at $113) and still be up over 100% today (although on 1/6 you would have been up 280%)

short term stocks are always a poor play

hAtchsIde wrote:

hutch wrote:
Wait what kind of operation you running Sidefi??


Tesla

also tesla
look at the 5 years chart

the time to get in was in 2020 (was in the $30s)
You could have even bought in 2023 (at $113) and still be up over 100% today (although on 1/6 you would have been up 280%)

short term stocks are always a poor play

But when it was $113 Sidefi said not to buy until it got to $100?!

“I want restitution!!!!”

Dow down 963 points but am sure will bounce up bigly as we have entered a new American golden age.

Anyhow Trump said he doesn’t pay attention to market. Remember his first term???

hutch wrote:

But when it was $113 Sidefi said not to buy until it got to $100?!

“I want restitution!!!!”

do you have proof? 

also in the contract you signed for me to be your fiduciary advisory explicitly states:



**Disclaimer:**
Please do not take my investment advice seriously unless you enjoy living life on the edge, have a penchant for financial thrill-seeking, or are secretly a superhero with a cape and a magic crystal ball.

So can we change the name of this thread to Predict date down will go below 40k (or 30K if we are being woke)

Question is now…do one bank (sell) a lot of the gains they made in the last decade now before it's too late
there are lots of CDs still above 4%  (although only 6-18 month terms)

This is the problem with the MAGA/GOP philosphy of running the Gov't like a business
“If a company goes boom and blows up and suddenly, you know, is just a smoking crater, it’s a tragedy … but it’s easily recoverable. If a government blows up, that’s a terror for all of society,” Hoffman said.
co-founder Reid Hoffman, who worked with Musk in the early days of PayPal in 2000

Thread title still works…I predicted March 28 I think


Maybe too optimistic

hAtchsIde wrote:

hutch wrote:

But when it was $113 Sidefi said not to buy until it got to $100?!

“I want restitution!!!!”

do you have proof? 

also in the contract you signed for me to be your fiduciary advisory explicitly states:



**Disclaimer:**
Please do not take my investment advice seriously unless you enjoy living life on the edge, have a penchant for financial thrill-seeking, or are secretly a superhero with a cape and a magic crystal ball.

Well you do have the lowest mortgage rate of anyone…will give you that

I'll take that as a win!

in related news

Donald Trump (August 2024):
“We are going to have a crash and we’re going to have a crash like a 1929 crash if she gets in."

i was buying on dips up until a couple of weeks ago. now i am waiting until the end. you will never get in the bottom, because when it reverses, it goes up fast. the question is, will this be as bad as trump's covid crash? on another note, i heard bill gates made big money betting tesla would crash.

S&P 500 On Verge of Correction

Sevens Report Research's Tom Essaye told Barron's. "But while I don't think the bottom is in, I am hesitant of this sort of all of a sudden chorus of bears just coming out screaming, you know, that the whole thing's over. I'm hesitant to go that far as well."


So Bearman, can you tell me about the Chorus of Bears? 
Is that the new Gay Men’s Chorus, with a little DEI-unwashing?

notme wrote:
buy on the dip

‘Buy The Dip’ Calls Fade as Trump Selloffs Rattle Wall Street
https://finance.yahoo.com/news/buy-dip-calls-fade-trump-120042858.html


Hutch may be pretty close to hitting the date we will slide back to 40k (after hitting a high of 44627 on 2/19/25)