Will the Stock Market keep going up or is their a fall coming?

[PRICEPLUS]

The Dow has broken 12,000. Will stocks keep going up or will we see a major drop in the market?

[sweeps]

My tarot cards say it's overbought in the short term. It'll go back down to 11,000 before it continues its ascent.

Originally Posted by PRICEPLUS

The Dow has broken 12,000. Will stocks keep going up or will we see a major drop in the market?

yes

[tinapbeana]

Originally Posted by rexdart

yes

don't you just love barnum statements?

[markio26]

i stay out of the stock market until nov. 01... in the near term the stock market, i think, will have a correction... it is a healthy thing... i always buy on the dips only.

[thekid]

Originally Posted by markio26

i stay out of the stock market until nov. 01... in the near term the stock market, i think, will have a correction... it is a healthy thing... i always buy on the dips only.

Why November 1st?

[Ima saver]

If we knew the answer, we would all be rich.[Automated by GetSmile]

[Bookie]

J.P Morgan, when asked what the stock market will do, replied, "It will fluctuate".

[PRICEPLUS]

I guess if all the pundits who give us advice at a price were right they would all be rich and have no need to want to sell us anything. Frankly, If I had the secret I would not share it!

[Ima saver]

Not even with me??

[PRICEPLUS]

Well, okay! I'd share it with you Julie!

[meaghanchan]

I don't know and I don't care!

I mean, of course I want the economy to do well... But the dow this fall/winter, 2007, 2008 has no effect on my investment strategy.

The only exception is, if it dropped a lot more than I would expect (like to 6000) I would be trying to pinch pennies everywhere I can so that I could invest even more in a down market and buy even more stock mutual funds 'on sale'.

Otherwise... Same (small) amount every month till my debts are paid off (November, looks like), then move to maxxing out my Roth.

[disneysteve]

Unless you invest all your money in Dow 30 stocks or a Dow ETF, it really doesn't matter what the DJIA does. What matters is how your investments do. The Dow could be up. The Dow could be down. And my personal investments may or may not match the Dow's performance.

Even within the Dow 30, some days the average is up, but when you look closer you'll see that only 12 of 30 stocks went up and 18 went down, but the average carried higher.

So be careful not to pay too much attention to the market averages (unless you invest in them). Ultimately, what matters is the performance of your particular investments.

[markio26]

nov.01-apr.30 is my stock time....
ppl. go on vacation, not much trading volume in my stocks of interest.
nov. ppl. get serious about the stock market it seems to me.
may 01-oct.31 is my bond time... this is vacation time...

i have found over the years, i make easy money this way.....

fundamental analysis is the approach, i am using this year....
the five highest yielding stocks of the dow, are an interest of mine......hth.

[argo]

Originally Posted by markio26

nov.01-apr.30 is my stock time....
ppl. go on vacation, not much trading volume in my stocks of interest.
nov. ppl. get serious about the stock market it seems to me.
may 01-oct.31 is my bond time... this is vacation time...

i have found over the years, i make easy money this way.....

fundamental analysis is the approach, i am using this year....
the five highest yielding stocks of the dow, are an interest of mine......hth.

Hi,

Do you mind telling more about your strategy bond/stock - november/may?

[PRICEPLUS]

I'd be curious to hear more too but was afraid to ask!

[markio26]

nov.01, i like to be in stocks with pe's of 8 or less, high dividend paying stocks, and stock plays of fallen leaders, like gtw, lu, f, gm, etc.. i stay in this position, until april 30, then sell off and go into bonds that pay high dividends....
the 401k is in a balanced stock/bond fund, a bond fund, and a small cap fund with dividends.. the rest of my money is in cash, cd's and high interest paying savings accounts... hth...