DOW JONES 20,000

Before Obama leaves office.

>>1690270
Not sure it ever will. It's already over bought and with the Federal rate hike, it will only stall price rise in stocks.

It's only a matter of time before the bubble pops. Unless things get worse before they get better and we see Hyper-inflation; DOW 40,000+

>Things that will cause you to stay poor:

>* Worrying about round numbers (Dow 20K, NASDAQ 5K)
>* Thinking stocks are subject to the laws of physics (resistance, "what goes up")
>* Not knowing the difference between a bull market and a bubble

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>>1690766
>Not sure it ever will

likely tomorrow

>>1690773
when DOW breaks the 20,000 mark a mental barrier will be broken, and investors will flood into the market.

>>1690766
>It's only a matter of time before the bubble pops.

You sound like Peter Schiff

What if it's not a bubble? What if it goes sideways for three years?

That would be a sizeable correction if it tracks at or below inflation

>>1691147
>when DOW breaks the 20,000 mark a mental barrier will be broken, and investors will flood into the market.
So say all the click-bait articles and financial media talking heads. Unless they're saying the exact opposite, which they do in equal frequency.

Use your brain. There's nothing magical about round numbers, and the forces that truly move the markets know this and/or don't care.

Soonz

>>1690766
The DOW always goes up

>>1690779
>likely tomorrow
>For the 11th day in a row

>>1691152
>What if it goes sideways for three years?
Call it what you will, the only thing that has changed is time. It would still be a bubble. Normalizing it's current price range changes nothing.

>>1691520
>The DOW always goes up
But the FED doesn't; can't.


We will either see a collapse of the current system as people gain brains again, or they will stay subservient as you all propose and we will see the DOW to 40k (Hyperinflation).

Venezuela 2.0, not sure why you all insist on allowing government control over your money and purchasing power when it can be left up to a much more kind and fair, mother nature.

>>1692616
>Venezuela 2.0, not sure why you all insist on allowing government control over your money

I'll take my chances with the government rather than goldbugs

"not sure why you all insist on allowing government control over your air traffic"

"not sure why you all insist on allowing government control over your sewage system"

"not sure why you all insist on allowing government control over your highways"

>>1692901
The government mandated the minting of gold and silver bullion and signed it into law.

.gov

https://www.gpo.gov/fdsys/pkg/STATUTE-99/pdf/STATUTE-99-Pg1177.pdf

Let that stew.

When BTC tanks DOW goes and blows roofs off

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>>1692926

Goldbugs peddle misinformation and hold back the financial self-education of well-meaning young men

>>1691355
>There's nothing magical about round numbers

He's not saying there is. He's saying there is a perception that there is among average people, which is true. The market as an entity doesn't care about 20,000, but idiots might.