Down goes the Dow

Big Dog will snag the cat.

Ghost of lgIoi wrote:

Death,

I am on record here advising other posters against going long CHK. Your link validates my pessimism.

Igy

I bought CHK at the beginning of last week. It's up about 25% since then. Never say never.

OK all gurus, here's one:

DJIA around 16.8k and up around 230 so far today, edging closer to my predicted upper bound for 2016.

Should I take a small 401k to cash today? 80-20 VFINX-VBMFX

"Rebalance", that is.

Igy, I don't acknowledge any such concept as retirement. We have more than enough, we are fine. This 401k is just a canary in the coal mine, and is totally unnecessary, just a plaything.

Igy I'm surprised you didn't just tell me to rebalance to cash. Isn't this one of your sell the rally days? NAV tonight should be good.

BTW does anybody know when an order placed during the day is executed, and at what NAV? I assume it is filled at the NAV calculated at the end of the day on which it is placed. (Vanguard)

OK then, that's too bad Igy. Yeah, the trolls are a pain.

I'm also surprised that Flagpole hasn't immediately chimed in with a big "NO".

Maserati,

Mutual Funds are settled at close based on NAV, you can usually get a price two hours after market close.

Igy

this february/march recovery continues to mirror the sept/oct recovery. They look very very similar on a chart.

in sept/oct we made it all the way back, only to collapse again 15%.

We still are down around 6% from a full recovery in the US

It's done, rebalanced to 100% VMMXX, a money market fund that I can get out of as soon as I wish. I wanted treasuries, but the most I could get was a fund with 60-65% treasuries, munis, etc.

I just moved my canary to a safer place in the mine.

Although it is still in the mine, it is not in the tunnel in which the roof needs reinforcing to prevent a very possible cave-in.

The classic fiddling, that is advised against at every turn. DJIA just above 16.8k at the moment, and I have predicted that it won't go much higher between now and the election...and if it does, I can move.

Really, REALLY glad I have the luxury of doing this without sweating.

Maserati wrote:

I just moved my canary to a safer place in the mine.

Although it is still in the mine, it is not in the tunnel in which the roof needs reinforcing to prevent a very possible cave-in.

The classic fiddling, that is advised against at every turn. DJIA just above 16.8k at the moment, and I have predicted that it won't go much higher between now and the election...and if it does, I can move.

Really, REALLY glad I have the luxury of doing this without sweating.

the mine surely is a twisty turny thing. I believe I've found a video of it.

well jeez here...A 2.4% rally in the developed markets, a 3.7% rally in emerging markets, treasuries getting hammered

the chart has not been repaired yet - it still looks like a big rolling top, but that was a powerful rally. No dead cat there - that was a giant live lion.

agip wrote:

this february/march recovery continues to mirror the sept/oct recovery. They look very very similar on a chart.

in sept/oct we made it all the way back, only to collapse again 15%.

We still are down around 6% from a full recovery in the US

The market goes up. The market goes down. Repeat.

Maserati wrote:

It's done, rebalanced to 100% VMMXX, a money market fund that I can get out of as soon as I wish. I wanted treasuries, but the most I could get was a fund with 60-65% treasuries, munis, etc.

There are no funds with a higher percentage of treauries? Seriously?

Well it looks like the Hill and me. I will own her in the Debates. Good thing because we don't need Bill hiring interns.

The Trumpster

I plan to vote for Bernie because I am a socialist.

Wait,

Any question ant time since I am not a troll.

Igy

I'm confused with all the double talk.

Why bother?