And I agree not the time to buy yet... but in about a month, time to buy. If market hits 15,500 or something, buy. Dow Jones in my mind should be about 16,000, but with these sell offs it might even go below what it should be at, possibly down to 15,000 in a month if shit gets real bad. Not time to buy yet, but in a month or two or three, yes, time to buy. Market will be up to 18,000 again in about a year and a half or two years. 15,5000 to 17,500 or 18,000, some good earnings and profit to be made in that span if you snipe the right time.
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just a nice correction
we need itComment -
Worst week since 2011. Yikes.Comment -
No correction since 2011 diggity. Ususally 1 per yearComment -
that is what I call opportunity.
$LL doesn't matter what the market does, stock is going up from this level.
$DIS way over sold, possibly could hit next support level at $93. Really depends on next week but the fact it is double digits is a deal.Comment -
not too specific bro, what you talkin about? im predicting it falls to a low within a few months, and then will begin to slowly rise back to where it was. nothing crazy. It was at 18,000 a few months ago and it went up way too fast in those last 5 years. i knew the correction was coming, and maybe we're in the middle of it. it'll fall, it'll rise. my predictions of 15,500 or 16,000 aren't too crazy or specific at all, nor is 17,500 or 18,000 in a few years.Comment -
I agree. Got into disney a few years ago at $45 or so. Been probably top 3 stock buys I've ever made. I did think it was huuuuge, possibly overvalued, in the last few weeks, but we'll see. It's one of the few large media stocks that has no reason to drop. ESPN is doing fantastic, great buy for Disney. Hopefully this little sell-off is temporary and continues rising to maybe 125 or 130 or something by the end of the year or next year.Comment -
So DIS will be at $135 by the end of the year but it will take "a few years" for the Dow to get back to 18,000? smhComment -
What a crazy concept!!! It's almost like every single stock doesn't do exactly what the overall market does! Some companies succeed and others fail!
Are you like really stupid or are you a troll? Can't tell. Honestly.
Also I said 125 or 130, by the end of the year or next year. You said "135 by the end of this year", not what I said on both counts. Shut up.Last edited by gregmav1; 08-21-15, 05:22 PM.Comment -
Greg let me ask you this, how did you develop the eye behind the DIS buy? Did you just know they had money and it would go back up or essentially regress back to the mean? Sorry I am uneducated.
To me personally it seems like a simple concept to buy low sell high but is that a dangerous course to navigate if you are a noobpie investor?Comment -
DIS is trading at 20× earnings and it is going up 25-30% in the next 4 months while it will take 3 years for the dow to get back to where it was at the beginning of the month? You have NO idea what youre talking about. Zero. The average BEAR market lasts 13 months, this is a correction, which lasts two months on average. I am not a troll but if I see somebody talking like theyre an expert when in fact they are a total amateur, I will call you out.Comment -
Put your money in bonds and metalsComment -
I honestly didn't know it would rise as high as it did. I got it at 45 and thought it could be at 75 or something in 5 years but it's really outperformed my guess.
I just thought it was very under-priced. ESPN networks are huge and sports are the biggest they've ever been. Despite people acting like movies are down, they still make a ton of money and Disney has been doing fantastic with those the last 5 years. But yeah main reason was that I just thought it was under-priced. A name like Disney, owning ESPN and ABC networks, I just thought it was a good stock to hold, and I was at least right about that. Made some bad investments, but more good than bad ones.
greaselightnin: not at all saying im an expert. i sniped disney hard, and just last week i told my money manager i wanted to sell my big mutual fund because i thought a market correction was coming, it worked out perfectly. not an expert but i have a good feel for US and global economies I feel like.
and fuc.king AGAIN, i didnt say it would be up to 135 in 4 months. You fuc.king said that. Shut the fu.ck up. I said by the end of this year or next, it will be back up to 125 or 130. and i believe it. I'll make a wager with you if you want, that it tops 125 by some point before Jan 1 2017. Disney is doing extremely well, one of the few media companies that is, and they have no reason to falter. I agree it might be slightly overvalued, but this correction should be about enough, maybe down to 90 or so at most. It's going to go back up pretty soon.
If I were to give money advice to anyone, it would be commodities and overseas/emerging markets. Oil might still fall, some think it could get down to 35, but after that it will go up without a doubt. When it starts looking like it's coming back, pound it. Gold could be decent too but I'm holding back on that. China and Russia and Indian markets, that's where I'm looking to put my money once things even out and China stops falling. US is overvalued, those are undervalued.Comment -
6.5 years, it's been a great run.Comment -
Mav--I am not going to make any specific predictions, but you saying DIS will rise 25-30% ($125-$130) in the next 4 months (eoy) when it is currently trading at 20x earnings, while at the same time saying it will take a few years for the dow to rise 9%--you are contradicting yourself. If it were to take the dow that long to recover, then its going much lower from here and if that happens, DIS aint going up, pal.Comment -
Again, I'll make that wager with you if you want. And if you think it's impossible for stocks to rise while the overall market drops, you're a fu.cking idiot. The opposite can happen too. I have no idea what you're trying to say... That the market is going to fall so Disney has to as well? 0 logic.Comment -
I will make a wager with you that if DIS is at 125-130 by eoy, the dow will be above 18000. As much as you wantComment -
Haha I will not take that bet. You are just like, saying whatever you want and not looking at what I'm saying. I don't think Disney will be at 125 by the end of this year. I think it will by end of next year, and I also think Dow will rise at some point next year, but it has to fall a little more first. I even said I think it will be at 17,500 or 18,000 in two years. What are you reading?Comment -
What I am saying is that if it takes 2-3 years for the dow to recover, we are going into a bear market and if we do, DIS will not be going up 25-30% in the midst of it.Comment -
Not gonna waste my time. I'll enjoy my Disney stock and the market crashing after I got out of it. Both will rise in the near future.Comment -
Very bad things are going to come very soon...get out of the market and take out max 401k loan... Not kidding.Comment -
looks like bad tomorrow
Futures sharply lowerComment -
Asian markets getting railedComment -
Should be interesting todayComment -
Where are those bitches saying to invest more $ in market now, like the homosexual Ronnie boy?
Screwed me once, ain't happening again. Go on, go get some!Comment -
Greed... Get SomeComment -
Stop panicking ... it is all a part of the process.
Market will be fine over time, just as it always is.Comment -
gold seems to be holding
roosterComment -
I'm investing a small amount tomorrow shortly after open in PYPL.Comment
