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Fuss about Dow Jones reaching 20,000. A few days ago, it got within 0.37 of that mark. I predict it will hit on Jan 20 for Trump. Thoughts ?

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  • Fuss about Dow Jones reaching 20,000. A few days ago, it got within 0.37 of that mark. I predict it will hit on Jan 20 for Trump. Thoughts ?


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Answer #1 | 11/01 2017 16:27
I predict that on Jan 21 it will begin to sink, because of trump.
Positive: 42 %
Answer #2 | 11/01 2017 16:06
Credit Trump .37 and hide 300% increase...lol
Positive: 36 %
Answer #3 | 11/01 2017 15:53
What if it does? Do you recommend that investors take profits (sell) or stay in? Because you don't make any money until you sell. If I sell, where should I put my money? No one really predicts the market for more than a month or two. There probably will be a bump up for Trump. But, what if his policies start a trade war? Stocks will drop. Also - we have not gone 10 years without a recession start since the 1800s. The last one was 2009, so we're due.
Positive: 16 %
Answer #4 | 11/01 2017 15:50
I don't think it has to do with Inauguration Day. I mean, traders already know who is going to be President. There's an old saying, "Buy on rumor; sell on news." And investors don't risk money just to make a statement. So they aren't going to hold to wait for Jan. 20th if they can buy at a lower price today. 'Course, this is not to say that it WON'T hit on that day. But I don't think it's on news or a symbol. And if you want to believe that, I suggest you call your broker right now and get him ready to sell all of your stock on Jan. 20. You'll be one rich dude.
Positive: 10 %
Answer #5 | 11/01 2017 15:50
Glad we're doing so well.
Positive: 10 %
Answer #6 | 11/01 2017 15:49
Eight years straight the stock market is at record breaking levels.
Positive: 10 %

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