Down goes the Dow

EMD down 0.31% on the day.

The next time I trade/invest based on what appears on Bloomberg or CNBC will be the first time. Having said that, I am still looking at them, and might buy select ones rather than a big fund. I see no particular hurry.

I am looking for a bigger down day on EMD to add to my position.

I would not buy individual emerging market securities. Diversification is your friend.

Remind us, what was the bet, and with whom?

I looked at EDM. Sure it looks cheap, but it seems like its whole existence it's always looked cheap, and continued to get cheaper... :-)

Geez, this place is awfully quiet when stocks don't always go up...?

lol.

Stocks only go up.

Ah, "only," not "always" ...

Here is an update of my forecasts from March 2018, starting with S&P500 since 1949 with index values on a log scale to show where it comes from, more or less:

ibb.co

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And then a closer look since summer 2016 at a natural scale:

ibb.co

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I'm probably out to lunch, but my plan is to start to think about maybe dipping my toe cautiously back into US equities if/when S&P500 gets to around 3500, but not if it continues there on a straight trajectory as it has recently. If equities continue to drop and hit 3500 by end-May +/- I'll be holding on and looking for a lot lower bottom.

Tell that to Igy. He’s been busy having a conversation with himself.

That is true, and likely to get cheaper.

To clarify, the symbol is EMD.

Sally Vixxxxxxxxens wrote:
Ghost of Igloi wrote:
SARK will hit $60 by 12/31/22 - mark it on your calendars. 😉
Gentleman's bet - you are on Igy!

Chinese stocks getting absolutely massacred lately

Yep. Tempting, something like KWEB.

Buy it while you still can😂. Lots of potential pitfalls, just with the listing mechanism alone, never mind the businesses themselves.

Hey all just wanted to say hello and wish everyone well.
I'm on a break from social media but I'm sure I'll be back soon.
Probably when the SP500 rises another 5% or so.

Make sure you get in some running! I just finished a 90-minuter, it felt great

I’ll really miss you over the next ten years. 😉

1500 yards swimming and 10 minutes in the whirlpool = 71 year old. Running for an hour in the morning, various paces.

EMD up 1.76% today.

Great! I am swimming with my swimmer mrs tomorrow, probably 2200m. If I hit the hot tub after that, I would fall asleep, guaranteed! She will be doing her usual drills beside me, of course faster than I swim.😡 I get even with her on bleachers😁.

Strange day today. Reason for the ramp? Cheaper oil? But my oil stocks were also green, except SU.

Today I pulled a boffo move—bought tsla early, followed it up with stops. After a couple, I mistakenly entered a sell limit order and of course it sold immediately. Ate into my profits. My mind was thinking about my other screen’s info! Moron. Never happened to me before.