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Puffy · 4 May 2013, 12:52 AM

DJIA just hammered through 15,000!!

indicies are RED HOT and my screen is a sea of green!!

look at the DJIA, it's like a giant tsunami!!

world is digging its way out of recession

wantonebad · 4 May 2013, 01:05 AM

So are you bullish on this market? Do you see these prices as inflated and susceptible to corrections or crashes?

Olav16710 · 4 May 2013, 01:12 AM

I guess people are moving out of bonds and into the market.

Puffy · 4 May 2013, 01:15 AM

Quote:

Originally Posted by wantonebad

So are you bullish on this market? Do you see these prices as inflated and susceptible to corrections or crashes?

it's all propped up by Ben B's super fast printers BUT we must not forget that the overall macro backdrop is improving month on month and there's more to be squeezed out of the markets this year IMVO

equities is something you'd want to be long on, especially cyclicals such as banks

many companies out there are trading way below net asset value

Puffy · 4 May 2013, 01:16 AM

Quote:

Originally Posted by Olav16710

I guess people are moving out of bonds and into the market.

that happened over 6 months ago when Ben announced his never ending spending spree

wantonebad · 4 May 2013, 01:17 AM

Quote:

Originally Posted by Puffy

it's all propped up by Ben B's super fast printers BUT we must not forget that the overall macro backdrop is improving month on month and there's more to be squeezed out of the markets this year IMVO

equities is something you'd want to be long on, especially cyclicals such as banks

many companies out there are trading way below net asset value

Good points!!

Armyguy03 · 4 May 2013, 01:18 AM

"like"

Puffy · 4 May 2013, 01:24 AM

It's mostly thanks to our American friends that Europe hasn't vanished into the ground yet!

things are still bad here, very bad, but not catastrophically bad. but bad

seand442 · 4 May 2013, 01:26 AM

Now if only my salary would go up to reflect all of this additional wealth being made....

Sherwooddavid · 4 May 2013, 01:30 AM

Beautiful sight !! The TSE in Canada is up too !

sea-dweller · 4 May 2013, 01:32 AM

Yes, good news!

Kingair · 4 May 2013, 01:35 AM

Great news !

HAGWe

votepresident · 4 May 2013, 01:40 AM

The European Central Bank has lowered its rates to the lowest level EVER -
so since we got the euro, it has never been as worthless as today ...

*runs around the room with a needle poking at bubbles*

Kingair · 4 May 2013, 01:48 AM

€ vs $ = 1.31 . . .

I like that

HAGWe

East Bay Rider · 4 May 2013, 01:53 AM

Quote:

Originally Posted by seand442

Now if only my salary would go up to reflect all of this additional wealth being made....

That's right. It's time to flow some down to the workers. They've a right to be comfortable too.

BarkMaster · 4 May 2013, 02:00 AM

Quote:

Originally Posted by East Bay Rider

That's right. It's time to flow some down to the workers. They've a right to be comfortable too.

Worker reap the rewards via IRAs and 401Ks!

psv · 4 May 2013, 02:22 AM

Euro still needs to go down vis-a-vis the dollar.

Somehow I'm not bullish for this year, I think we'll see major correction the in the 2nd half.

Frosty · 4 May 2013, 02:53 AM

Quote:

Originally Posted by psv

Euro still needs to go down vis-a-vis the dollar.

Somehow I'm not bullish for this year, I think we'll see major correction the in the 2nd half.

+1 I have been talking to sales people that sell to aerospace and manufacturing and they say it is not good in So Cal. They say the people they are dealing with are expecting more large lay-offs.

Lisa · 4 May 2013, 03:08 AM

Quote:

Originally Posted by Olav16710

I guess people are moving out of bonds and into the market.

That's what I did last year. I'm still pretty conservative, with most of my money in muni bonds, but the stock market's just been too good to pass up.

Boothroyd · 4 May 2013, 03:40 AM

Puffy I spent some time with the calculator and portfolio today. A thought..most people are thinking in terms of losing money during the crash, and the market essentially growing back to where the losses have now been covered.

I am thinking of it another way. From the highpoint of the market prior to crash to today, the market has essentially given a 2% return over the last 5.5 years.

People always get caught up the volatility, but long term, it has simply been a fallow 5 year period (assuming of course one STAYED in the market, kept investing and didn't bail).

Dr. Robert · 4 May 2013, 03:52 AM

I'm not into the stock market, I'm into the supermarket.

kilyung · 4 May 2013, 03:54 AM

Everyone, keep buying watches!

eman1200 · 4 May 2013, 04:55 AM

my stock is up over 4%, making me a self-made hundredaire!

mbuckley · 4 May 2013, 05:03 AM

I am afraid that this bubble too will burst---when Fed no longer pumps it up---I am selling into this market---good luck to all.

Solo118 · 4 May 2013, 05:06 AM

Good luck to all.

I haven't bought anything since 2010

Thinking of selling what I have and going for bonds. Safe but small return is better to me than taking a risk in this market.

gmh1013 · 4 May 2013, 05:10 AM

I only own WFC from my wife's 27 years there and IBM....which I need to sell some off before options expire this year.

Wish I could dabble in the markets but I have no money to lose, because I have no money

Kingair · 4 May 2013, 05:21 AM

Quote:

Originally Posted by Dr. Robert

I'm not into the stock market, I'm into the supermarket.

So maybe you are the lucky one Bob !

HAGWe

Numismatist · 4 May 2013, 05:33 AM

This will surely mean Rolex can FINALLY raise prices...lol

wantonebad · 4 May 2013, 06:07 AM

I pick my investments with my lucky astrology mood ring

1675-David · 4 May 2013, 06:27 AM

Quote:

Originally Posted by wantonebad

I pick my investments with my lucky astrology mood ring

I wish my financial adviser had one of those...

4 May 2013, 12:52 AM	#1
Puffy "TRF" Member Join Date: Oct 2009 Location: Here and there Posts: 12,485	History in the making on US markets DJIA just hammered through 15,000!! indicies are RED HOT and my screen is a sea of green!! look at the DJIA, it's like a giant tsunami!! world is digging its way out of recession __________________ Fine Quality is Long Remembered After the Pain of Spending Money is Forgotten

4 May 2013, 01:05 AM	#2
wantonebad 2024 SubLV41 Pledge Member Join Date: Nov 2007 Location: USA Watch: 126600, 116500LN Posts: 12,849	So are you bullish on this market? Do you see these prices as inflated and susceptible to corrections or crashes? __________________ "I'm kind of a big deal... on a fairly irrelevant social media site that falsely inflates my fragile ego"

4 May 2013, 01:12 AM	#3
Olav16710 "TRF" Member Join Date: Feb 2013 Real Name: Olav Location: Carmel, CA Watch: 16710 Posts: 286	I guess people are moving out of bonds and into the market. __________________ Ignorance more frequently begets confidence than does knowledge. 116400

4 May 2013, 01:18 AM	#7
Armyguy03 "TRF" Member Join Date: Nov 2012 Location: DM[V] Watch: 16710 \| 16600 Posts: 3,546	"like" __________________ Member of the Global Association of Retro-Grouch-Curmudgeons

4 May 2013, 01:24 AM	#8
Puffy "TRF" Member Join Date: Oct 2009 Location: Here and there Posts: 12,485	It's mostly thanks to our American friends that Europe hasn't vanished into the ground yet! things are still bad here, very bad, but not catastrophically bad. but bad __________________ Fine Quality is Long Remembered After the Pain of Spending Money is Forgotten

4 May 2013, 01:26 AM	#9
seand442 "TRF" Member Join Date: Apr 2007 Location: Earth Watch: 116610 Posts: 3,455	Now if only my salary would go up to reflect all of this additional wealth being made.... __________________ NEVER ARGUE WITH AN IDIOT. FIRST THEY WILL DRAG YOU DOWN TO THEIR LEVEL. THEN, THEY WILL BEAT YOU WITH EXPERIENCE.

4 May 2013, 01:30 AM	#10
Sherwooddavid "TRF" Member Join Date: Apr 2010 Real Name: Dave Location: Canada Watch: Submariner Posts: 2,080	Beautiful sight !! The TSE in Canada is up too !

4 May 2013, 01:32 AM	#11
sea-dweller "TRF" Member Join Date: Oct 2007 Real Name: Dennis Location: Bay Area - 925 Posts: 40,018	Yes, good news!

4 May 2013, 01:35 AM	#12
Kingair "TRF" Member Join Date: Oct 2009 Location: USA Watch: Not enough ;-) Posts: 21,232	Great news ! HAGWe

4 May 2013, 01:40 AM	#13
votepresident Member Join Date: Apr 2013 Real Name: Mo Location: GermanyNewZealand Watch: Tiffany & Co NY NY Posts: 69	The European Central Bank has lowered its rates to the lowest level EVER - so since we got the euro, it has never been as worthless as today ... runs around the room with a needle poking at bubbles

4 May 2013, 01:48 AM	#14
Kingair "TRF" Member Join Date: Oct 2009 Location: USA Watch: Not enough ;-) Posts: 21,232	€ vs $ = 1.31 . . . I like that HAGWe

4 May 2013, 02:22 AM	#17
psv 2024 Pledge Member Join Date: Oct 2009 Location: USA & France Posts: 11,078	Euro still needs to go down vis-a-vis the dollar. Somehow I'm not bullish for this year, I think we'll see major correction the in the 2nd half.

4 May 2013, 03:40 AM	#20
Boothroyd 2024 SubLV41 Pledge Member Join Date: May 2011 Real Name: Daniel Location: Minneapolis, MN Watch: Wilsdorf(s) Posts: 10,259	Puffy I spent some time with the calculator and portfolio today. A thought..most people are thinking in terms of losing money during the crash, and the market essentially growing back to where the losses have now been covered. I am thinking of it another way. From the highpoint of the market prior to crash to today, the market has essentially given a 2% return over the last 5.5 years. People always get caught up the volatility, but long term, it has simply been a fallow 5 year period (assuming of course one STAYED in the market, kept investing and didn't bail). __________________ Explorer 214270 MK I/Datejust II Black 116300/Tudor Heritage Black Bay Black 79220N Last edited by Boothroyd; 4 May 2013 at 03:43 AM.. Reason: missed a comment

4 May 2013, 03:52 AM	#21
Dr. Robert 2024 SubLV41 Pledge Member Join Date: Dec 2009 Real Name: Bob Location: U.S.A. Watch: 1655 Posts: 64,310	I'm not into the stock market, I'm into the supermarket. __________________ Founder & Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons

4 May 2013, 03:54 AM	#22
kilyung 2024 SubLV41 Pledge Member Join Date: Jul 2009 Location: Cave Watch: Sundial Posts: 33,940	Everyone, keep buying watches!

4 May 2013, 04:55 AM	#23
eman1200 "TRF" Member Join Date: Sep 2011 Location: charlotte Posts: 730	my stock is up over 4%, making me a self-made hundredaire!

4 May 2013, 05:03 AM	#24
mbuckley "TRF" Member Join Date: Feb 2012 Real Name: Michael Location: Norman, Oklahoma Watch: Exp II Posts: 616	I am afraid that this bubble too will burst---when Fed no longer pumps it up---I am selling into this market---good luck to all.

4 May 2013, 05:06 AM	#25
Solo118 2024 Pledge Member Join Date: Jan 2007 Location: USA Watch: Daytona Posts: 6,092	Good luck to all. I haven't bought anything since 2010 Thinking of selling what I have and going for bonds. Safe but small return is better to me than taking a risk in this market.

4 May 2013, 05:10 AM	#26
gmh1013 Banned Join Date: Jun 2008 Real Name: greg Location: Tempe AZ Watch: GMT Posts: 5,703	I only own WFC from my wife's 27 years there and IBM....which I need to sell some off before options expire this year. Wish I could dabble in the markets but I have no money to lose, because I have no money

4 May 2013, 05:33 AM	#28
Numismatist "TRF" Member Join Date: Nov 2007 Real Name: Chris Location: Camden ME & STT Watch: 116600 Posts: 6,350	This will surely mean Rolex can FINALLY raise prices...lol __________________ Rolex 116600 Sea-dweller Montblanc Solitaire Doué Black & White Legrand FP Montblanc Solitaire Doué Black & White RB Montblanc Meisterstück Diamond Mozart BP Montblanc Meisterstück Mozart BP

4 May 2013, 06:07 AM	#29
wantonebad 2024 SubLV41 Pledge Member Join Date: Nov 2007 Location: USA Watch: 126600, 116500LN Posts: 12,849	I pick my investments with my lucky astrology mood ring __________________ "I'm kind of a big deal... on a fairly irrelevant social media site that falsely inflates my fragile ego"

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