Down goes the Dow

Sorry, but it really was just a joke.

Oh, by the way the prevailing interest rate on a one year CD is 1.45%, double what it was a year ago.

KM

Karnack Magnificent wrote:

It is amazing that I actually predicted the beginning of what will be a really BIG DECLINE! Way more than 1%. How much, well, how does a 65% decline in the S&P 500 sound?

I didn't see the word "beginning" in your post. And the "ending"?

Let me guess. "2067"

Karnack Magnificent wrote:

Sorry, but it really was just a joke.

Oh, by the way the prevailing interest rate on a one year CD is 1.45%, double what it was a year ago.

KM

Hell.

Called it to the minute it seems as far as the big downturn beginning this AM at 10:33.

I honestly sold out that index fund

agip,

Doing well here. Improved my 5k time this season by 1:25 (23:44, and 400m by 4 seconds (1:22.71). Dropped 15 lbs. I took a couple week break, gearing up for fall road season. How about you?

Hey your BLV is up 5.352% principal YTD plus dividend yield of a couple percent and GLD up 15% YTD.

Igy

mellon wrote:

Karnack Magnificent wrote:

It is amazing that I actually predicted the beginning of what will be a really BIG DECLINE! Way more than 1%. How much, well, how does a 65% decline in the S&P 500 sound?

I didn't see the word "beginning" in your post. And the "ending"?

Let me guess. "2067"

No 2047, same as Mountain House freeze dried meals. Just in case there is a disaster. Expiration date out there a bit.

"The Mountain House Taste Guarantee was created to let you know that we stand behind our shelf-life promise. We guarantee your Mountain House meal, in our pouches or cans, will still taste good in 30 years!"

Can't beat that mellon!

Ghost of Igloi wrote:

agip,

Doing well here. Improved my 5k time this season by 1:25 (23:44, and 400m by 4 seconds (1:22.71). Dropped 15 lbs. I took a couple week break, gearing up for fall road season. How about you?

Hey your BLV is up 5.352% principal YTD plus dividend yield of a couple percent and GLD up 15% YTD.

Igy

good to hear you have been running well. My favorite masters running teaching is 'you can always run faster than last year.'

15 pounds is a big drop - hope that helped.

I've been running well - hit 82.6% for a 5k last month - 17 mid. That's about as well as I've ever done by age graded % in a road race, so I am pleased. I was able to do that after an easy summer of training, so I'm curious to see if going hard will speed me up or slow me down. I'm definitely seeing lately that high mileage is counterproductive to me.

That said, I'm in the middle of a big training block, getting ready for the masters 5k xc champs in Boston.

Bonds have taken off like a Hawker Harrier yes. I'm not brave enough to sell, but I can see the argument to take profits in inters and long term bonds here.

agip,

Very good on the age graded. Also, very good time for what I believe is a new age group or soon to be.

I am still 15 lbs over a good for me masters weight. I was as low as 167 mid-June in a training block where my volume and intensity peaked, now I am back to 172 after two weeks rest. No slack for old age. Ha! I need to be low 150s to be competitive in my age group. If, and that is a big if, I get to where I can run the All-American Standard for my age group I will travel to compete. At this point I have plenty of competition at home.

Glad you are doing well, and good luck at Boston.

Igy

Igy,

Why do use your registered handle sometimes and troll handles at others?

SQ

[quote]agip wrote:

Note to cherry picking investors (Hey, Igy, whassup?)

The 15 year return of the US market used to be terrible. Now it is fantastic.

15 years, Vanguard Total Stock market 9.47% per year.

The only difference is that 15 years ago we were near the bottom of a bear market.

What?

The bottom 15 years ago (2002) was not a bad place to be compared to 2008-2009.

Serious Questioner wrote:

Igy,

Why do use your registered handle sometimes and troll handles at others?

SQ

Why do you accuse this person, when you do the same?

Why do you answer a question with a question? What are you afraid of?

Hellooooooo? wrote:

Why do you answer a question with a question? What are you afraid of?

flattest yield curve since the financial crisis.

uh oh

but historically not an outlier.

https://fred.stlouisfed.org/series/T10Y2Y

All eight indexes on our world watch list have posted gains for 2017 through September 5.

https://www.advisorperspectives.com/dshort/updates/2017/09/05/world-markets-update?

Karnack Magnificent wrote:

It is amazing that I actually predicted the beginning of what will be a really BIG DECLINE! Way more than 1%. How much, well, how does a 65% decline in the S&P 500 sound?

OK! So it was a little shy of 65%. Still enough to be running scared for the past 3 years.

I predict the market rolls over by close. The Ouija Board has never failed the great Karnack Magnificent.

Maybe you could loan that to Igy. He couldn't possibly do any worse with that than he does without it.

Oh, Snap!