Dow DEFINITELY looks good to 9000

Check the valuations at the beginning of each of those periods. Using REAL earnings, not today's pro-forma voodoo, you'll find that those rising markets were the result of undervaluation. We have clearly overshot to the upside here. On a dollar for dollar basis and including dividends, todays ratios are nearly triple those of the periods you list.

Of course if all you're looking for is a stock that is going up today, all you need is your trusty bar chart.

 

when 9000 proved to be the ultimate POINT of resistance, as told to you by JJ for many weeks.

The evening news will go: "the stock market saw profit- taking after the Dow hit 9000!"

But you knew this weeks ago courtesy of JJ!

and the above poll stilll says "no" as majority answer! what did I say about contrarian analysis?

 

You have to love the way Jesse rewrites history until it's consistent with his perception of reality.

 

I agree with you, but I am just thinking out loud.

I fought last years run up tooth and nail, and got fried. Just trying to look for different parallels.

Feels good to capture this one, on sidelines now though

Best
david

 

You know, one day CNBC's gonna be right too, about a market bottom. I guarantee it.

 

....and Battipaglia from Gruntal will finally be able to say " see i told you so"

 

Anyone ever notice these type of polls , the one with the most votes tends to be wrong about 90% of the time ?

 

One thing is for sure...no one in their right mind would tell that mongoloid he is wrong, at least not to his face...I think he goes about 6-7 300...

 

Hey,

let me go get my VHS tape of that lady on CNBC saying:

"well, it looks like we're cracking NASDAQ 5000"

 

He is ..saw hime on the train a few times.

But more important, how do these people still have jobs, it's beyond me.

Something really wrong with that.