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Author: Subject: Dow 20,000
merc
Man of a Thousand Holds






Posts 1514
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posted on 12-13-2016 at 06:59 PM Edit Post Reply With Quote
Dow 20,000

With Dow 20,000 likely before year’s end, and BBMN asking about 401k stuff, I thought it would be fun and maybe a little educational to pick some stocks to see how they run in the next 12 months. We can post predictions and forget about them for a year, or revisit whenever some company goes belly up or acquires another, or whenever.

Kinda like fantasy investing.

Anyone interested?

In case this takes off I'll post the disclaimer at the top: So all of the financial networks do this liability posting that says something like opinions only, do your own research and past performance is no indicator of future earnings. Same holds true here. Plus this is fairly anonymous websites where any and all posts can be BS.

(Oh yeah, I have five picked and ready to go as of today)





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coxito
IMPUDENT WRETCH!






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posted on 12-15-2016 at 12:05 AM Edit Post Reply With Quote
I'm in for sure. A buddy and I at work do something very similar with a scoring system if we want to get that in depth. The scoring is pretty simple based on growth percentages, dividends, acquisitions and we pick 3 standard forecasts (WSJ, Yahoo, CNN Money) and play an over/under. You can run the time period as long as you want. We've also done it like a daily fantasy league where you have a salary cap.
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merc
Man of a Thousand Holds






Posts 1514
Registered 2-23-2006
Location New England
Member Is Offline

Mood: GO PATS!!!

posted on 12-15-2016 at 12:47 PM Edit Post Reply With Quote
I'll bite, is there a site that runs it or is it manual?





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coxito
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posted on 12-16-2016 at 12:25 AM Edit Post Reply With Quote
Once all the picks are in it can be all set up for trackers on any site. I dont mind running it. Ill post a few different options for scoring over the weekend and we can decide what we want to do. Maybe once everything is fleshed out we might get some more takers.
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coxito
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posted on 1-5-2017 at 01:31 AM Edit Post Reply With Quote
Shit- i forgot all about this with the holidays. Still interested?
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merc
Man of a Thousand Holds






Posts 1514
Registered 2-23-2006
Location New England
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Mood: GO PATS!!!

posted on 1-5-2017 at 03:27 AM Edit Post Reply With Quote
I guess. The apathy around educational stuff here is really...eh who cares.





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merc
Man of a Thousand Holds






Posts 1514
Registered 2-23-2006
Location New England
Member Is Offline

Mood: GO PATS!!!

posted on 1-25-2017 at 02:43 PM Edit Post Reply With Quote
And there you go. Dow 20,000.

Had one invested $1,000 one year ago in DIA you would have about 1200 today...or 15 year's worth of bank/CD interest. DIA is an ETF available at any price with an expense fee of 0.18%, plus the commission you would have paid, maybe $6.

The Dow Jones Industrial Average is 50 stocks. Picking trend is kind of fun. The question now is does it run, or do chart investors cause a pull back. I'm going with run. 3M should have good news, based on earnings shared, I like Alcoa to run, so the individual stocks real earnings should offset any chart trading.

As I type the DJI Is at 20,013, having opened just over 20,033. If it closes over 20,000 look for upward movement for the rest of the week.

Were I an active trader, DIA is one I would research and work.

[Edited on 1-25-2017 by merc]





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