The Dow aproacheth 20k

[Tahoe]

Do it! Expect a correction at some point after this latest run up. Will it hit 20k before it corrects? Does anyone give a shit?

[MikeMyers]

Now with the swamp in charge, it will go crazy for another year and then it will crash and burn.

[MikeMyers]

Thanks for jinxing it. Hopefully you pick the Packers on Sunday.

[MikeMyers]

Feeling really bad about whoever Tahoe favors for anything in life. Stock market down again.

[Tahoe]

^LOL

I got out, or mostly out, a while ago. Did some individual stocks. But I missed the Trump run up, if that's what happened. I was hearing that things would go south and I was going to get back in, but Nov 9 it took off. I didn't catch it in time. Something will happen and it'll come back or correct, but overall the future should be good with the anticipated deregulation shit.

[Uncle Mxy]

Not really a Trump run-up -- it fits with the 8-year trend since Obama became president.
Look at the 5-10 year view of DJIA and it's obvious.

[Tahoe]

^ LOL

[Uncle Mxy]

The Dow will have to hit ~30000 by the end of Trump's first term to equal the % performance of the Dow under Obama. Despite rhetoric, Trump's not starting out from the biggest recession in many decades like Obama did. The Dow was <8000 when Obama was inaugurated in 2009, greatly benefiting folks who had enough to spare in those dismal times to put money in Dow ETFs.

[Uncle Mxy]

The Dow will have to hit ~30000 by the end of Trump's first term to equal the % performance of the Dow under Obama. Despite rhetoric, Trump's not starting out from the biggest recession in many decades like Obama did. The Dow was <8000 when Obama was inaugurated in 2009, greatly benefiting folks who had enough to spare in those dismal times to put money in Dow ETFs.

Anyone betting on 30000 at this point?

[Tahoe]

you can say this wasn't due to Trump all you want, but you'd be wrong.

The recession Obama inherited was due to liberal policies and when Bush wanted to regulate housing loans more and sent people to congress to testify, the liberal dems, of course, called them RACISTS. Its pretty much the only thing the libs have anymore, 'just call them racists'.