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Non-Cattle Specific Topics
Coffee Shop
Dow Jones breaks 30,000
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<blockquote data-quote="Son of Butch" data-source="post: 1728461" data-attributes="member: 14585"><p>1/24/22 update</p><p>S&P 500 December low 4538 Friday 12/3/21 - new moon Saturday 12/4/21</p><p>Dec high 4778 Thursday 12/30/21 and new record high</p><p>All time record high closing price 4796 Monday 1/3/22 (New Moon Sun 1/2/22)</p><p>Full moon 1/17 (MLK holiday close) Tues. 1/18 S&P drops 86 pts 4577</p><p>and has fallen each day since to currently 4397</p><p></p><p>Friday 1/21 S&P 4397 significantly 233 pts (5.03%) below key resistance number 4630</p><p></p><p>Next New Moon Monday January 31</p><p>Full Moon Wednesday February 16</p><p></p><p>I shorted after the new moon 1/3 and after full moon 1/18 and will be sitting tight until Weds March 2 new moon.</p><p></p><p>Historically round numbers 1000, 2000, 3000, 4000 are slow to break through</p><p>5000 is 8% over 4630 and after being up 26.6% in 2021 - I don't expect to see S&P break 5000 until sometime in 2023</p><p>just my 2 cents</p><p></p><p>p.s.</p><p>8 out of 20 yrs with more than 20% gain the S&P finishes minus for the following year, or to be positive 12 of 20 yrs it has finished breakeven or above</p></blockquote><p></p>
[QUOTE="Son of Butch, post: 1728461, member: 14585"] 1/24/22 update S&P 500 December low 4538 Friday 12/3/21 - new moon Saturday 12/4/21 Dec high 4778 Thursday 12/30/21 and new record high All time record high closing price 4796 Monday 1/3/22 (New Moon Sun 1/2/22) Full moon 1/17 (MLK holiday close) Tues. 1/18 S&P drops 86 pts 4577 and has fallen each day since to currently 4397 Friday 1/21 S&P 4397 significantly 233 pts (5.03%) below key resistance number 4630 Next New Moon Monday January 31 Full Moon Wednesday February 16 I shorted after the new moon 1/3 and after full moon 1/18 and will be sitting tight until Weds March 2 new moon. Historically round numbers 1000, 2000, 3000, 4000 are slow to break through 5000 is 8% over 4630 and after being up 26.6% in 2021 - I don't expect to see S&P break 5000 until sometime in 2023 just my 2 cents p.s. 8 out of 20 yrs with more than 20% gain the S&P finishes minus for the following year, or to be positive 12 of 20 yrs it has finished breakeven or above [/QUOTE]
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Dow Jones breaks 30,000
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