merc
Man of a Thousand Holds 
Posts 1514
Registered 2-23-2006 Location New England Member Is Offline Mood: GO PATS!!!
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| posted on 12-13-2016 at 07:59 PM |
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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)
"I wish sarcasm was available as a font." John Stuart Mill
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coxito
IMPUDENT WRETCH! 
Posts -164
Registered 9-17-2012 Member Is Offline Mood: National
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| posted on 12-15-2016 at 01:05 AM |
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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!!!
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| posted on 12-15-2016 at 01:47 PM |
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I'll bite, is there a site that runs it or is it manual?
"I wish sarcasm was available as a font." John Stuart Mill
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coxito
IMPUDENT WRETCH!
Posts -164
Registered 9-17-2012 Member Is Offline Mood: National
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| posted on 12-16-2016 at 01:25 AM |
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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
IMPUDENT WRETCH!
Posts -164
Registered 9-17-2012 Member Is Offline Mood: National
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| posted on 1-5-2017 at 02:31 AM |
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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 Member Is Offline Mood: GO PATS!!!
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| posted on 1-5-2017 at 04:27 AM |
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I guess. The apathy around educational stuff here is really...eh who cares.
"I wish sarcasm was available as a font." John Stuart Mill
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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!!!
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| posted on 1-25-2017 at 03:43 PM |
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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]
"I wish sarcasm was available as a font." John Stuart Mill
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