Maserati wrote:
Erasing 2018 gains is nothing, really. I mean, seriously—if you panic over this event, you have no business in the markets.
This.
Maserati wrote:
Erasing 2018 gains is nothing, really. I mean, seriously—if you panic over this event, you have no business in the markets.
This.
Boy was i wrong about a bump today. Early bump was totally decimated. Now 200dma’s gone. Won’t even speculate on tomorrow. Hope there is another orderly retreat, maybe another 100 points, if not 500
Financial Advisor wrote:
Maserati wrote:
Erasing 2018 gains is nothing, really. I mean, seriously—if you panic over this event, you have no business in the markets.
This.
We'll see.
A big crash is inevitable. Nothing was fixed from the events that caused the 2008-2009 meltdown. In fact, the banksters were emboldened as none were held accountable and they got bailed out and got all their bonuses.
Is this the Big One? Who knows.
Enjoy the ride down.
Yes, Mr. FA will have a puckered sphincter muscle once the market is halved. At that point he will huddle in the safe room with nothing to say but incoherent mumbling.
I wrote about DB on here years ago. I still can’t say anything specific about it (much to agip’s consternation), only to pay attention to it.
An old, but not the first, post:
http://www.letsrun.com/forum/flat_read.php?thread=5369837&page=591
Wow ATT has a lot of debt. Was one in the dividend portfolio
Maserati wrote:
Wow ATT has a lot of debt. Was one in the dividend portfolio
Yep, financing the dividend people get hot over. Well?
Have to look into the debt more.
But the missus just brought eats!
https://mobile.twitter.com/RampCapitalLLC/status/1055169655533432832?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1055169655533432832&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fnews%2F2018-10-24%2Fmarkets-turmoil-sp-dow-erase-2018-gains-momo-massacre-acceleratesBrighthouse Financial wrote:
seattle prattle wrote:
Quite a day. Very active trading for me today.
Overall, about even on the day. And i am very relieved to be able to say that as bad as it looked earlier. The fact it recovered seems significant, wouldn't you think?
Of course it’s significant. This market has proven to be very resilient. In the face of today’s bad news, the bottom line was down only a fraction. Fundamentals are good and point to a positive track.
Maserati wrote:
Erasing 2018 gains is nothing, really.
Now, if it erases six more years of gains, I have a new hero!
purple martin wrote:
Maserati wrote:
Erasing 2018 gains is nothing, really.
Now, if it erases six more years of gains, I have a new hero!
Keep trading like the guy above and he will be your hero.
We'll See wrote:
Financial Advisor wrote:
This.
We'll see.
A big crash is inevitable. Nothing was fixed from the events that caused the 2008-2009 meltdown. In fact, the banksters were emboldened as none were held accountable and they got bailed out and got all their bonuses.
Is this the Big One? Who knows.
Enjoy the ride down.
It's the "Big One" if something isn't done about China! So, our leader puts nasty tariffs on China that is already on the brink of economic collapse. And I got news for everyone; if China goes down sinking - the WHOLE WORLD goes down, i.e., a Global Depression!
This is a disaster waiting to happen:
https://www.businessinsider.com/why-chinese-stocks-have-crashed-in-2018-2018-10China could be the catalyst for a Global economic crash never seen before in the history of the World!
The Chinese are all about the short term, and the shorter, the better.
When they actually have to do something, they do it as quickly and as cheaply as possible—see failing structural building elements after a handful of years.
But they are incredibly greedy, and prefer to do nothing—see unbuilt condo interiors after years of ownership, all the while waiting for some greater fool to buy it.
They prefer to speculate rather than invest, because real investment takes work, and they prefer clairvoyance and especially luck.
The ultimate in speculation is immediate-term gambling, with which they are obsessed.
China is a dump, and the Chinese economic mentality is lamentable. There was a time when I was rather closely connected to the Chinese, I’m glad it’s over.
I would assume the so-called Chinese miracle is fake in your view. The unoccupied cities seemed an odd concept. I have heard that it is common for loans being backed by non-existent collateral.
Ghost of Igloi wrote:
Yes, Mr. FA will have a puckered sphincter muscle once the market is halved. At that point he will huddle in the safe room with nothing to say but incoherent mumbling.
What is wrong with you?
Nothing, wrong is the lack of discretion in the Bullish view. Always the same, “buy, buy, buy,” at some point this becomes “bye, bye, bye.”