Down goes the Dow

لوله بازکنی

seattle prattle wrote:

agip wrote:

Oy this market stinks.

When up days evaporate into losses it is so demoralizing.

I mean down 8% like we are in the SPX isn't so bad, but these days of losses over and over and the savageness of the downturns is getting to me.

And of course portfolio theory is failing - bonds are down more than 2% this year, so there hasn't been the usual hedging from bonds.

That said, US stocks are still up for the year - around 3%. So it hasnt' been a disaster, when you look at 2018 as a whole.

totally agree. Just relentless.

Futures are up overnight and climbing, hoping that portends better things for tomorrow. That, and if we revisit the low from a couple of weeks ago, hope that will form a double bottom and rise from there.

Futures haven't meant sh!t all week. If it opens green then get out by 10:30. Also ins't today the last day for investors to get out or something like that?

I read an interesting article in WSJ that GE's bonds could cause a bit of a credit crunch. They're just barely above junk status right now and they basically have to rely on credit cards. This company looks more and more like it'll be the next Sears I'm afraid

If the shoe fits wrote:

Ghost of Igloi wrote:

This guy’s psychosis knows no bounds with lying and twisting unabated.

Agreed. K5 is certifiable.

I think it's schizophrenia when you talk to yourself.

Dishonest, overly sensitive, dumb, cliche'd and schizophrenic......you're the whole package.

Ghost of Igloi wrote:

This guy’s psychosis knows no bounds with lying and twisting unabated.

Oh, the irony!

Racket wrote:

seattle prattle wrote:

totally agree. Just relentless.

Futures are up overnight and climbing, hoping that portends better things for tomorrow. That, and if we revisit the low from a couple of weeks ago, hope that will form a double bottom and rise from there.

Futures haven't meant sh!t all week. If it opens green then get out by 10:30. Also ins't today the last day for investors to get out or something like that?

I read an interesting article in WSJ that GE's bonds could cause a bit of a credit crunch. They're just barely above junk status right now and they basically have to rely on credit cards. This company looks more and more like it'll be the next Sears I'm afraid

The character of the market is not the same as it was. I doubt whether trading along the margins is going to be profitable. If, and I realize this is the question, we are in the beginning stages of a Bear Market, rallies should be sold.

Ghost of Igloi wrote:

Racket wrote:

Futures haven't meant sh!t all week. If it opens green then get out by 10:30. Also ins't today the last day for investors to get out or something like that?

I read an interesting article in WSJ that GE's bonds could cause a bit of a credit crunch. They're just barely above junk status right now and they basically have to rely on credit cards. This company looks more and more like it'll be the next Sears I'm afraid

The character of the market is not the same as it was. I doubt whether trading along the margins is going to be profitable. If, and I realize this is the question, we are in the beginning stages of a Bear Market, rallies should be sold.

An 8% fall proves nothing. Every correction feels like an utter change in the market. I mean that's how it works - people sell when terrified and things aren't working anymore. It always feels very bad.

These huge savage moves actually comfort me - tells me that new artificial intelligence programs are out roving the markets, all doing the same thing. That there isn't something fundamentally bad going on in the world - it's just a new form of computer trading. But as we speak AI programs are learning how to counter the current ones. Then those new programs will drive the markets back up.

On the other hand, Germany and Japan just filed negative growth quarters, Brexit is a colossal cluster situation, as are US politics, and the trade wars are not stopping.

For those keeping track, YTD as of 11/15:

HSGFX +5.29%

Ghost of Igloi wrote:

For those keeping track, YTD as of 11/15:

HSGFX +5.29%

In reality, closer to 2%. You’d do better with T bills.

Investment performance my friend, stuff the rest in your losing troll box.

Video portrayal of market action:

https://m.youtube.com/watch?v=GY0kGYuGdFQ

I think the other thing happening may be that funds are using this occasion to lock-in some of their gains for the year a bit early, realizing that they have a lot to lose and not much of a likelihood of gaining much more given this suddenly choppy market.

Anyway, today's action was a welcome relief. Does it feel like there might be some loading up at what might be a bottom? After all, didn't see the sell the rally trend at the close.

Ghost of Igloi wrote:

Investment performance my friend, stuff the rest in your losing troll box.

I’m interested in net return. You should be too.

I am interested in proving the superiority of the investment. You never include the cost of purchase and sale in any of your posts. So put that in your troll man purse.

Ghost of Igloi wrote:

I am interested in proving the superiority of the investment. You never include the cost of purchase and sale in any of your posts. So put that in your troll man purse.

The superiority of an investment is measured by its net return.

Yea, but you never use it, so put that in your man bun.

Swengali wrote:

Yea, but you never use it, so put that in your man bun.

Wrong. I measure all of my investments by their net return. Don’t you?

nvidia : ded.

tech : ded.

economy : ded

He also had munis on his mind a few weeks ago, i just saw on bloomberg that muni funds are up on a flight to safety. Seems like he’s just one step ahead of momentum. He must get killed on capital gains.

Also, why do you guys bicker so much? Lots of interesting things going on in the markets right now. My “fully diversified” 401k is actually down on the year except for new money I contributed, I bet yours is too

Balance sheet wrote:

He also had munis on his mind a few weeks ago, i just saw on bloomberg that muni funds are up on a flight to safety. Seems like he’s just one step ahead of momentum. He must get killed on capital gains.

Also, why do you guys bicker so much? Lots of interesting things going on in the markets right now. My “fully diversified” 401k is actually down on the year except for new money I contributed, I bet yours is too

Yeah, my 401 K equivalent is down 3.5% YTD. Most of the funds therein held up pretty well but the International and Emerging Markets funds dragged it down.

My wife's which is predominately S&P 500 is up a little for the year.

Brokerage accounts are worse off (down 15% from their all time highs) and their the only ones i mess with or watch all that closely.