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#2
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#3
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Close Aug 31: 16526 Close Sept 11: 16433 Down less than 100 points so far. A few moderate spikes, about 50/50 up/down. When do the major spikes start and when do we get started with the huge drop off you predicted? Can't wait for the fed to meet, decide not to raise interest rates, and watch the market rebound back to 18k+. Or maybe we'll both be wrong and the current sideways trend will continue. | |||
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#4
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#5
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Well look at that, the Fed decided not to raise interest rates (despite 95% of economists predicting a September raise just a month ago). The market rebound isn't huge, though the REITs are doing quite well with the news that their borrowing costs will stay low for the foreseeable future. Glad I took the gamble and put money into them while the market was spooked about impending interest rate hikes. Quote:
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#6
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Close Sept 15: 16599 Halfway through the month and the dow has been fairly stable compared to this summer, and is now up a little under half a percent on the month. When are we "just getting started" on anything other than a sideways holding pattern? | |||
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#8
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Sept 2, 10am, Ranndom makes his prediction - 16,229 Sept 30 close - 16,284 So markets were mostly unchanged for the month and up slightly from the time you made this prediction to the end of the month. Don't quit your day job, unless you're in the investing industry. | |||
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#9
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#10
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So did the economy crash yet?
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Blue: Seniksin | Jarshale Red: Sieg | Cazissa | ||
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