The RetrieverTraining.Net Forums The Retriever Academy
Total Retriever Training with Mike Lardy
Hawkeye Media Gunners Up Tritronics Outdoor Media
Page 2 of 2 FirstFirst 12
Results 11 to 13 of 13

Thread: Dow Jones Industrial Average Closes at 10,015.86 GDG

  1. #11
    Senior Member Jim Pickering's Avatar
    Join Date
    Sep 2004
    Location
    Georgia
    Posts
    588

    Default

    Quote Originally Posted by DeWitt Boice View Post
    13 months ago it closed over 11,000
    24 months ago on Oct 8, 2007 the DJIA closed at 14,093.

    To put this event in some prospective the DJIA first closed above 10,000 in 1999, about 10.5 years ago. Some of the buy and hold long term stock investors should be close to getting even again.

    The question is, where does it go from here? Time to get in or out?
    Jim Pickering

  2. #12
    Senior Member twall's Avatar
    Join Date
    Jun 2006
    Location
    Ohio
    Posts
    1,130

    Default

    Quote Originally Posted by Jim Pickering View Post
    The question is, where does it go from here? Time to get in or out?
    Jim,

    At first I thought of a line from a Grateful Dead song. But, then realized it doesn't apply either..."I may be going to hell in a bucket, but at least I'm enjoying the ride." I don't think many are enjoying this ride.

    Tom
    Tom Wall

  3. #13
    Senior Member Uncle Bill's Avatar
    Join Date
    Jan 2003
    Location
    Rapid City, SD
    Posts
    4,289

    Default

    This is a game of musical chairs. I can only hope most of you are playing with the 'casinos' money, and not your original 'investment'.

    Since pre-historic times and before, (just for your benefit Keith)... we have learned big bubbles require big corrections. If you believe we have had that big correction, then by all means stay comfortably "all-in" as the hold-em crowd is fond of doing. But, like the hold-em gamble, this is not much different. Don't confuse it with 'investing'. Only Wall Streeters use that terminology. You won't find it in the lexicon of the day traders.

    Keep those stop-loss margins snug....so you won't become fodder for the Street when the 'other' shoe drops.

    Of course this is JMHBFWDAO.

    UB
    When the one you love becomes a memory, that memory becomes a treasure.

Similar Threads

  1. Dow down another 700pts GDG
    By Richard Halstead in forum RTF - Retriever Training Forum
    Replies: 4
    Last Post: 10-16-2008, 09:53 AM
  2. Pac-rat Jones Suspended GDG
    By Danno in forum RTF - Retriever Training Forum
    Replies: 4
    Last Post: 10-14-2008, 04:16 PM
  3. Dow under 10,0000 GDG
    By luvmylabs23139 in forum RTF - Retriever Training Forum
    Replies: 67
    Last Post: 10-10-2008, 01:03 PM
  4. Dow Jones
    By Roger Perry in forum RTF - Retriever Training Forum
    Replies: 5
    Last Post: 05-01-2007, 03:40 PM
  5. Dow Jones to determine starting number
    By dogcommand in forum RTF - Retriever Training Forum
    Replies: 8
    Last Post: 01-18-2005, 08:34 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •