Down goes the Dow

For example:

http://www.shadowstats.com/alternate_data

There are more.

And that is the key, seattle—for you.

Just as my system works, for me. It’s one reason kids can easily lose their parents’ money—because the same system does not work equally well for all operators, except for the dumb “diversified portfolio”, no insult intended.

Anyone who did not put all of their money in to the market at the 2008 low is an idiot. anyone suggesting CDs now as a viable investemnt is an evver bigg er idiot.

Sally Vix wrote:

Anyone who did not put all of their money in to the market at the 2008 low is an idiot. anyone suggesting CDs now as a viable investemnt is an evver bigg er idiot.

CDs always match the inflation rate plus or minus a few tenths.

CDs are just as viable today as they ever were.

Sometimes you just need to stand pat and preserve value.

In line at Costco, people spending like there is no tomorrow. Blow off top!

Ghost of Igloi wrote:

In line at Costco, people spending like there is no tomorrow. Blow off top!

heh

always amusing:

if sales are good at discount stores, bears will say 'hah everyone is poor and has to shop here'

if sales are bad at discount stores, bears will say 'see? even at discount stores people are hurting.

you've introduced a new one tho - that people are throwing their last dollars at more stuff for some reason.

agip wrote:

Ghost of Igloi wrote:

In line at Costco, people spending like there is no tomorrow. Blow off top!

heh

always amusing:

if sales are good at discount stores, bears will say 'hah everyone is poor and has to shop here'

if sales are bad at discount stores, bears will say 'see? even at discount stores people are hurting.

you've introduced a new one tho - that people are throwing their last dollars at more stuff for some reason.

Yeah, i heard that one recently - that retail is booming becuase they see the good economy is topping and they want a last hurrah while they still can.

LOL. Never, and i repeat, Never underestimate the American consumer. Things would sure be different if that were not the case.

agip wrote:

Ghost of Igloi wrote:

In line at Costco, people spending like there is no tomorrow. Blow off top!

heh

always amusing:

if sales are good at discount stores, bears will say 'hah everyone is poor and has to shop here'

if sales are bad at discount stores, bears will say 'see? even at discount stores people are hurting.

you've introduced a new one tho - that people are throwing their last dollars at more stuff for some reason.

Millennial low wage earners and Wal Mart greeters never save for a rainy day.

Ghost of Igloi wrote:

In line at Costco, people spending like there is no tomorrow. Blow off top!

Christmas shopping.

What I have left killed it this week, but one guy here beat me, thank you very much. Free beer!!

Stater of the obvious wrote:

Ghost of Igloi wrote:

In line at Costco, people spending like there is no tomorrow. Blow off top!

Christmas shopping.

Sure. I was mostly joking as I waited in a long line. However, things have an accelerated feel to 2000 and 2007. A certain amount of unhinged optimism is required to create the largest asset bubble ever.

“The stock market isn’t a bubble, you see, it’s merely climbing a wall of worry. Or, bull markets don’t die of old age. And, don’t forget, the bull market isn’t over until the last bear capitulates.

But what if the stock market isn’t climbing a wall of worry after all? What if it’s a massive bubble that indexers are fully invested in? What will come along and pop it?

Ultimately, it really doesn’t matter what pops it. Every bubble eventually finds its pin. When this bubble pops, like all bubbles pop, the remaining wealth of workers and savers, goaded into the market by Washington’s policies of mass dollar debasement, will die a painful death.

No doubt, traversing the final crack-up is a harrowing endeavor.”

—MN Gordon via economicprism.com

Earnings Scorecard: For Q3 2019 (with 99.8% of the companies in the S&P 500 reporting actual results), 76% of S&P 500 companies have reported a positive EPS surprise and 60% of S&P 500 companies have reported a positive revenue surprise.

[quote]Sally Vix wrote:

Anyone who did not put all of their money in to the market at the 2008 low is an idiot.

And you of course knew it was a low (actually it was in 2009 by the way).

And U knew wrote:

[quote]Sally Vix wrote:

Anyone who did not put all of their money in to the market at the 2008 low is an idiot.

And you of course knew it was a low (actually it was in 2009 by the way).

Thinking the same. I like the adage, don't try to catch a falling knife. I would usually look to buy after it re-coops a certain percentage, I usually continue to buy up incrementally along the way. In the early 2018 meltdown, i got faked several times as it reversed direction quite a bit. The rebound at the beginning of this year was massively one direction.

And U knew wrote:

[quote]Sally Vix wrote:

Anyone who did not put all of their money in to the market at the 2008 low is an idiot.

And you of course knew it was a low (actually it was in 2009 by the way).

Sally learned in March 2009 the dollar he invested nine years earlier was worth 39 cents. After 20 years that dollar has compounded at an annual rate of 3.76%. If he invested it in the NASDAQ Composite that dollar would have compounded at half that rate. The miracle of technology stocks, here one day, gone the next. Just like a boy named Sally.

?‍♀️

Stocks lost 50% in that crash. They have quadrupled since.

And U knew wrote:

[quote]Sally Vix wrote:

Anyone who did not put all of their money in to the market at the 2008 low is an idiot.

And you of course knew it was a low (actually it was in 2009 by the way).

I had no idea that it was a low. I DID know that the market has historically returned about 11- to 12% with dividends reinvested. The market WAS going to rebound. If the market was to tank tomorrow - i will be investing everything I have knowing that the market WILL rebound and what I invest today may be worth double tomorrow.

Ghost of Igloi wrote:

And U knew wrote:

[quote]Sally Vix wrote:

Anyone who did not put all of their money in to the market at the 2008 low is an idiot.

And you of course knew it was a low (actually it was in 2009 by the way).

Sally learned in March 2009 the dollar he invested nine years earlier was worth 39 cents. After 20 years that dollar has compounded at an annual rate of 3.76%. If he invested it in the NASDAQ Composite that dollar would have compounded at half that rate. The miracle of technology stocks, here one day, gone the next. Just like a boy named Sally.

?‍♀️

The market is up about 450% since 2008 or 2009. CDs might have negative real returns.