lol stock market

[coyotes_geek]

Pretty good day for tech too. AAPL & IBM at new all-time highs.

[Wild Cobra]

Once again, WC doesn't do any research and is wrong.

Hey, I just took the chance to make a comment against the head. Sorry I didn't use Blue.

[TeyshaBlue]

Stork market? smh

[Drachen]

Hey, I just took the chance to make a comment against the head. Sorry I didn't use Blue.

WC makes some idiotic statement that he truely believes

WC is called out on the stupidity of the statement

WC gets angry and says he was joking

[spursncowboys]

I highly doubt you have not made as equal of idiotic statements as any other poster besides chump. But group speak here is in your favor so you probably don't get called out on it too often. This isn't a put down. Just with the idiotic notion in this forum that if you don't agree with an issue, you are unintelligent or below others.

[spursncowboys]

federal credit union bra

[clambake]

I highly doubt you have not made as equal of idiotic statements as any other poster besides chump. But group speak here is in your favor so you probably don't get called out on it too often. This isn't a put down. Just with the idiotic notion in this forum that if you don't agree with an issue, you are unintelligent or below others.

wc, somebody has a crush on you!

[Drachen]

I highly doubt you have not made as equal of idiotic statements as any other poster besides chump. But group speak here is in your favor so you probably don't get called out on it too often. This isn't a put down. Just with the idiotic notion in this forum that if you don't agree with an issue, you are unintelligent or below others.

I won't disagree with you SnC, I am in no way above making mistakes. However, I do my best to remain concious of this fact and remain vigilant against it. If you go back through my posts, not only will you see me back down from obviously wrong points (generally with some kind of "mea culpa" post), but you will likely find some where I came back later and said that I was obviously wrong (without prompting from other members). I will even write an entire post then backspace the whole thing and leave a thread because what I have to add is generally not valuable.


Point is, if it happens, and I am aware of it (through my own assessment or that of others), I try to correct it ASAP. For WC, though, it isn't a one-off thing, it is his MO. He doesn't post something that people disagree with and that is why they think he is stupid, he posts stupid things regularly and that is why people feel this way about him. FWIW, I feel the same way about CD as you do. The next time he adds something valuable to a conversation will be the first time in years (it seems). I assume he is fine with that and is satisfied just being antagonistic because he has been called out on it repeatedly (including by yours truely) and doesn't seem to have a problem.

[coyotes_geek]

AAPL is on course to reach 600 bn this year

They'll probably make that before the next earnings date.

[Drachen]

I give it until June. They're not going to make it to 600 with a month to spare.

When does the DJIA change components? I figure by now that Apple is going to be there.

The Dow changes components when they feel like it, but as I was looking for a more concrete answer for you, I found this interesting tidbit (a bit dated, but still interesting).

http://www.peridotcapitalist.com/200...omponents.html

[coyotes_geek]

I give it until June. They're not going to make it to 600 with a month to spare.

When does the DJIA change components? I figure by now that Apple is going to be there.

A week or two ago I'd have agreed with you. But $600B mkt cap = $643 a share and as I write this they're at $582. Another 10% run up from here gets them there and I certainly think that's doable.

[Drachen]

Interesting methodology...but a lot of experts say that the DJIA is not the best index and that the S&P 500 is better.

Is it good to go index investing now?

I want to say that this year will probably have a lot of volatility without a clear direction due to Europe, Iran, Election..... You can most certainly make money off of volatility (options investing for example), but I say all of this as an amateur so be sure to do your own research.

[coyotes_geek]

Interesting methodology...but a lot of experts say that the DJIA is not the best index and that the S&P 500 is better.

Is it good to go index investing now?

Definitely agree that the S&P 500 is a better index than the Dow.

And IMO it's always a good time to index invest. S&P 500 index funds still make up the largest portions of my retirement accounts.

[Drachen]

Definitely agree that the S&P 500 is a better index than the Dow.

And IMO it's always a good time to index invest. S&P 500 index funds still make up the largest portions of my retirement accounts.

I guess I should have clarified time horizon, yes I agree with you. Also, sp500 is better simply because it has almost all of the non-systemic risk diversified out based solely on the number companies represented (as opposed to the 30 in the Dow).

[MannyIsGod]

Maybe investors are believing Obama will lose, and want to get in the stork market before it shoots up really high?

Buy low, sell high... Set the trend to win, follow the trend to lose.

ANd people don't think WC is a troll?

[coyotes_geek]

Even by Apple standards, the stock has just been going nuts for about 3 months now.

[Wild Cobra]

ANd people don't think WC is a troll?

I have my moments.

[ElNono]

I was reading a bit ago that some investment companies are starting to remove apple numbers to do their analysis on the market...

[spursncowboys]

I won't disagree with you SnC, I am in no way above making mistakes. However, I do my best to remain concious of this fact and remain vigilant against it. If you go back through my posts, not only will you see me back down from obviously wrong points (generally with some kind of "mea culpa" post), but you will likely find some where I came back later and said that I was obviously wrong (without prompting from other members). I will even write an entire post then backspace the whole thing and leave a thread because what I have to add is generally not valuable.


Point is, if it happens, and I am aware of it (through my own assessment or that of others), I try to correct it ASAP. For WC, though, it isn't a one-off thing, it is his MO. He doesn't post something that people disagree with and that is why they think he is stupid, he posts stupid things regularly and that is why people feel this way about him. FWIW, I feel the same way about CD as you do. The next time he adds something valuable to a conversation will be the first time in years (it seems). I assume he is fine with that and is satisfied just being antagonistic because he has been called out on it repeatedly (including by yours truely) and doesn't seem to have a problem.

Thanks for responding with an actual take. I sometimes write a post and hit post without reading it. Then when I reread it, it doesn't come across as how I meant it or doesn't express my feeling. There are many times, however, when WC makes good points but gets thrown to the side because he isn't in the in crowd.

[Big Empty]

I have my entire 401K in Citi. Im swinging for the fence I aint retiring for 32 more years at least so the only place to go is up. I had taken half of it out (of Citi) and put it in a money market as it shot back up from the 20's thinking ok, they are suppose to breeze past this stress test and buy back stock and even upgrade the dividend its gonna sky rocket back to 50 in no time. I put my trade in 30 minutes till the market closed putting the other half back into it and then an hour later they failed......my luck lol im not discouraged. The fed took into account that Citi was gonna buy back shares and increase the dividend or else the would be at a 5.9 vs a 4.9 (failed by .1). So either way its all good.

[Big Empty]

It gives me more time to load up on shares before it shoots into the 60's. I think itl get there by this time next year if the Euro peeps can get their together

[clambake]

Thanks for responding with an actual take. I sometimes write a post and hit post without reading it. Then when I reread it, it doesn't come across as how I meant it or doesn't express my feeling. There are many times, however, when WC makes good points but gets thrown to the side because he isn't in the in crowd.

wimpy soldier boy.

[ElNono]

Citi and BofA ain't going anywhere. If they need a bailout, they'll get a bailout.

[SnakeBoy]

Even by Apple standards, the stock has just been going nuts for about 3 months now.

I was scared of Apple at $400, should have jumped on it for awhile but now I'm not going near it. At some point alot of people are going to lose there ass on apple. I put some money on microsoft awhile back, I think they are going to make a serious run at apple over the next couple of years...assuming they don't drop the ball completely.

[SnakeBoy]

I have my entire 401K in Citi. Im swinging for the fence I aint retiring for 32 more years at least so the only place to go is up. I had taken half of it out (of Citi) and put it in a money market as it shot back up from the 20's thinking ok, they are suppose to breeze past this stress test and buy back stock and even upgrade the dividend its gonna sky rocket back to 50 in no time. I put my trade in 30 minutes till the market closed putting the other half back into it and then an hour later they failed......my luck lol im not discouraged. The fed took into account that Citi was gonna buy back shares and increase the dividend or else the would be at a 5.9 vs a 4.9 (failed by .1). So either way its all good.

If your long then I agree Citi is the one to put your money on. WFC & JPM are safer bets short but not nearly the upside of Citi. I've made some decent money playing BAC but just sold it a couple of weeks ago. I can't help but think BAC has another crash coming.