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DOW 21,637 NASDAQ 6,312 S&P 2,459

Barber Shop Talk
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  • @mjp28 said:

    Friday 7/11/17 close:

    Dow 21,637

    NASDAQ 6,312

    S&P 500 2,459

    So? Well unless you've been living under a rock this is all-time nose bleed high stock market territory.

    So is it time to do a little profit taking...yet? People have been asking this since before the 2016 election.

    Now Wed. 8/2 DOW 22,016, maybe a good time to short the market? I sure would be reluctant to put new money long.

    @mjp28 said:

    Now Wed. 8/2 DOW 22,016, maybe a good time to short the market? I sure would be reluctant to put new money long.

    The rule about buying low and selling high is that first you have to buy low!

    WSS

  • @mjp28 said:

    Now Wed. 8/2 DOW 22,016, maybe a good time to short the market? I sure would be reluctant to put new money long.

    The rule about buying low and selling high is that first you have to buy low!

    WSS

    @westside-steve said:

    The rule about buying low and selling high is that first you have to buy low!

    WSS

    Or short the stock(s) when you go in as high as possible and wait for the drop and make super easy money because you "borrow" the stock and pay it back when you cover the short.

    CAUTION: shorting has a limited downside profit (stock goes bust) and unlimited upside potential loss (stock goes up, even splits and keeps going).

    And no guarantees on anything, hey almost like gambling! (but not gambling)

  • Friday 7/11/17 close:

    Dow 21,637

    NASDAQ 6,312

    S&P 500 2,459

    So? Well unless you've been living under a rock this is all-time nose bleed high stock market territory.

    So is it time to do a little profit taking...yet? People have been asking this since before the 2016 election.

    @mjp28 said:

    Friday 7/11/17 close:

    Dow 21,637

    NASDAQ 6,312

    S&P 500 2,459

    So? Well unless you've been living under a rock this is all-time nose bleed high stock market territory.

    So is it time to do a little profit taking...yet? People have been asking this since before the 2016 election.

    Monday 8/7/17 close, and the beat goes on:

    DOW 22118

    NASDAQ 6383

    S&P 500 2480