It's still above where it was when you started this thread. Just sayin'.
It's still above where it was when you started this thread. Just sayin'.
Down 1.7%in 4 days according to my fuzzy math.
Clinton's popularity hit a new high after the 1995/96 but the Reps maintained a majority in the House despite losing the free vote.
What rollercoaster? We haven't even had 10% drop lately. These like 2 and 3% changes are just the stock market working. SOme days it goes up 1%, other days it goes down. If your stomach can't handle little bumps like this, you need to start investing else where.
Rut-roh shaggy wrote:
Yannix wrote:Took over an hour!
Back below 15,000. When will this roller coaster end?
Agreed...not really a rollercoaster. MAYBE a baby one, but as you said, that's par for the course with the market. Was up to 15,700 then back down to low 15000s then up to 15,700 again and now back to 14,996. Big deal.Enjoy the opportunity now to buy when there's a little bit of turmoil. Once the shutdown thing and the debt ceiling thing get worked out (and they will), the market will bounce up again...WHEN exactly is anyone's guess, but I'll just be a buyer the whole time and now worry about it.
asdfaafdafasd wrote:
What rollercoaster? We haven't even had 10% drop lately. These like 2 and 3% changes are just the stock market working. SOme days it goes up 1%, other days it goes down. If your stomach can't handle little bumps like this, you need to start investing else where.
Rut-roh shaggy wrote:Back below 15,000. When will this roller coaster end?
[quote]Flagpole wrote:
Agreed...not really a rollercoaster. MAYBE a baby one, but as you said, that's par for the course with the market. Was up to 15,700 then back down to low 15000s then up to 15,700 again and now back to 14,996. Big deal.
We will see.
Notice how when then market goes up a pctge point or two I am lambasted as a fool for having bailed out when the Dow was at $15k,
Now that is has dropped back to $15k -- it's no big deal.
You guys are the most transparent victims of confirmation bias one could ever see
Butchie wrote:
It's still above where it was when you started this thread. Just sayin'.
Anything relevant to say?
Klondike5 wrote:
[quote]Flagpole wrote:
Agreed...not really a rollercoaster. MAYBE a baby one, but as you said, that's par for the course with the market. Was up to 15,700 then back down to low 15000s then up to 15,700 again and now back to 14,996. Big deal.
We will see.
As I said well above in this thread, just be patient. I gave you guys a bunch of reasons above why what is happening was going to happen, and some of the shit hasn't even been thrown at the fan yet.
My own strategy is unless Obama and the Tea Party jump over the debt crisis cliff together in about 2 weeks, this is a buying opportunity (hopefully for me a much lower prices than right now). I think the only way the Republicans get rid of the individual mandate and such is the way the Tea Party is presently doing it, and this is only going to work if Obama believes the Tea Party is actually "crazy" enough to go all the way and cause the US to default on our bonds. What I'm getting at is that if things actually go that way, it could get a LOT scarier than what you saw in 2011.
Anyone reading this thread should be thinking about their own risk tolerance. If you don't think you can sit through what I just described, you should take action to reduce your risk NOW. DO NOT sit through the next couple of weeks (if there's no resolution), watch things start to collapse....and sell at the bottom, which is what actually did happen in the 1987 Crash (I was there). There was a great line back then about people who actually got through to their broker so they were able to sell at the bottom.
I don't know if it's actually going to go that far, but I'd be quite happy to buy the SP 600 Small Cap Futures at prices at least 10% lower than present.
By the end of next week, DOW will be well below 14,000. If you haven't gotten at least some of your money out of the market, do it first thing tomorrow.
Monday is going to be a really bad day if the gov't isn't back up and running.
Butchie wrote:
It's still above where it was when you started this thread. Just sayin'.
Klondike5 wrote:
Anything relevant to say?
Yes. Thanks for asking.
The Dow is higher than when you started this thread. So, you're still a loser.
Klondike5 wrote:
Notice how when then market goes up a pctge point or two I am lambasted as a fool for having bailed out when the Dow was at $15k,
Now that is has dropped back to $15k -- it's no big deal.
You guys are the most transparent victims of confirmation bias one could ever see
You are a fool for using a "$" to describe the Dow.
Why?
If you believed the market was going to be at 14k next week, you wouldn't take your money out of the market. You would be buying short term putts like mad and be looking to double your money in 5 days. Given that you are not willing to do that, I am guessing you have very little faith in your predication.
Sintiven wrote:
By the end of next week, DOW will be well below 14,000. If you haven't gotten at least some of your money out of the market, do it first thing tomorrow.
Monday is going to be a really bad day if the gov't isn't back up and running.
asdfaafdafasd wrote:
If you believed the market was going to be at 14k next week, you wouldn't take your money out of the market. You would be buying short term putts like mad and be looking to double your money in 5 days. Given that you are not willing to do that, I am guessing you have very little faith in your predication.
Would those be anything like short term drives?
asdfaafdafasd wrote:
If you believed the market was going to be at 14k next week, you wouldn't take your money out of the market. You would be buying short term putts like mad and be looking to double your money in 5 days. Given that you are not willing to do that, I am guessing you have very little faith in your predication.
And you will lose it just as fast as if you took that money to Vegas. BUYING puts or calls is a rigged game against the speculator in which you have to be right about direction, magnitude, and time, and over 90% of exchange traded options expire worthless. If you think the market is headed down sharply, its far better to be out or hedged and waiting for the fire sale. My sense is we will net get a nice, juicy sell off until or unless both sides are staring into the abyss, but if that does happen, I will be looking to be a buyer.
Butchie wrote:
Butchie wrote:It's still above where it was when you started this thread. Just sayin'.
Klondike5 wrote:
Anything relevant to say?
Yes. Thanks for asking.
The Dow is higher than when you started this thread. So, you're still a loser.
Jesus H Xist. Enuff with your whining
Why don't you just do that and tell me how it works out for you. :) (pssst. you don't know what you're talking about)
asdfaafdafasd wrote:
If you believed the market was going to be at 14k next week, you wouldn't take your money out of the market. You would be buying short term putts like mad and be looking to double your money in 5 days. Given that you are not willing to do that, I am guessing you have very little faith in your predication.
Sintiven wrote:By the end of next week, DOW will be well below 14,000. If you haven't gotten at least some of your money out of the market, do it first thing tomorrow.
Monday is going to be a really bad day if the gov't isn't back up and running.
Klondike5 wrote:
What an effin embarrassment you are.
I know you are, but what am I?
Klondike5 wrote:
Notice how when then market goes up a pctge point or two I am lambasted as a fool for having bailed out when the Dow was at $15k,
Now that is has dropped back to $15k -- it's no big deal.
You guys are the most transparent victims of confirmation bias one could ever see
I haven't lambasted you based on ANY move in the market. My issue with your investment strategy is that it is risky. As with risky things, you MIGHT make out big, but you might not as well, and the odds are that you DON'T make out big.
As it is, you've been out since June. If you are like MOST people who leave the market, you haven't invested any of what would have gone in there since then. In my case, if I were out, I would have missed out on a HUGE dividend that I got in September from just one source; and man, it was RIDICULOUS.
You mentioned in your initial post that the Dow would get below 13,000. If it does, are you planning to get back in then? Do you plan an entry point BEFORE then (meaning higher than 13,000)?
Ridiculous rally going on this AM.