Big Dog Investments wrote:
^ Bingo!
^Not.
If that were the case you would have bought already a month ago, when there was a wave of rotation.
Big Dog Investments wrote:
^ Bingo!
Helmut wrote:
Big Dog Investments wrote:
^ Bingo!
^Not.
If that were the case you would have bought already a month ago, when there was a wave of rotation.
DGTD Contrarian Indicator Alert wrote:
Ghost of Igloi wrote:
Gert wrote:
Ghost of Igloi wrote:
Oh but there are only 1,385 US listed equity ETFs. So chew on that overweight to these grossly overvalued stocks.
Is there some point you are trying to make?
Yes. Facebook Inc. stock plunged as much as 23% in the extended session Wednesday after the social-media giant missed analyst expectations for the top line and user growth — which was flat in the U.S. and Canada compared with the first quarter — but beat on the bottom line.
??
Sounds like a BUY recommendation.
agip wrote:
No Hope For Mankind wrote:
Racket wrote:
agip wrote:
I recently saw a list - it had the corrections 2008-2018 and a reason for them. Most of them had 1 or 2 reason. For this one, there were something like 6.
I think that is what is happening - china slowdown, trade war, awful politics, Brexit, Italexit, EM slowdown, housing slowdown....the market is taking many small blows and they are taking a toll.
If the china-us meeting in Buenos Aires doesnt' go well, that could be another leg down.
Do you think this is the march toward bear territory? NASDAQ could very well finish under 7000 today
So how far is the Dow going down when all is said and done?
15% from it's high?
20%?
25% or higher?
I'm about 70% in stocks in a 30 yr 401(k) employer plan, and I'm going bail & sell. Going for 90% in safe money markets funds. None of the high-powered experts in my 401(k) company seem to have any idea of how bad this correction or crash is going to be. Highly educated finance guys and they have no idea. Lolz.
Any expert here have any idea? Or did all the fancy-smancy college go to waste? Is my guess as good as any of your's here. (probably. lolz).
Dow crashing at -450 right now!
(this is what we talk about when we talk about the weak hands folding - when you hear a few stories like this one, it's usually time to start buying.)
Racket wrote:
agip wrote:
No Hope For Mankind wrote:
Racket wrote:
agip wrote:
I recently saw a list - it had the corrections 2008-2018 and a reason for them. Most of them had 1 or 2 reason. For this one, there were something like 6.
I think that is what is happening - china slowdown, trade war, awful politics, Brexit, Italexit, EM slowdown, housing slowdown....the market is taking many small blows and they are taking a toll.
If the china-us meeting in Buenos Aires doesnt' go well, that could be another leg down.
Do you think this is the march toward bear territory? NASDAQ could very well finish under 7000 today
So how far is the Dow going down when all is said and done?
15% from it's high?
20%?
25% or higher?
I'm about 70% in stocks in a 30 yr 401(k) employer plan, and I'm going bail & sell. Going for 90% in safe money markets funds. None of the high-powered experts in my 401(k) company seem to have any idea of how bad this correction or crash is going to be. Highly educated finance guys and they have no idea. Lolz.
Any expert here have any idea? Or did all the fancy-smancy college go to waste? Is my guess as good as any of your's here. (probably. lolz).
Dow crashing at -450 right now!
(this is what we talk about when we talk about the weak hands folding - when you hear a few stories like this one, it's usually time to start buying.)
Possibly. On the other hand, I have $12 11/23 TZA calls that are currently in the money if pre-market doom holds (in addition to my $11.50 calls). Gonna start writing and selling naked puts on it next! What could go wrong
3x leveraged funds, like trade wars, are good and easy to win
Go Washburn!!! wrote:
24,500 on the doww now. On Maserati’s advice I have just convinced my dad to buy that 3x SPXL with his brokerage for me, I put in about $1200. He said between 24,400-24,500, iirc, so wouldn’t be surprised to see a small dip. Lol I have about 10k to my name, my mom thinks I’m a total idiot. This is the first stock i have ever got my dad to buy for me hopefully not the last!
agip wrote:
Racket wrote:
agip wrote:
No Hope For Mankind wrote:
Racket wrote:
agip wrote:
I recently saw a list - it had the corrections 2008-2018 and a reason for them. Most of them had 1 or 2 reason. For this one, there were something like 6.
I think that is what is happening - china slowdown, trade war, awful politics, Brexit, Italexit, EM slowdown, housing slowdown....the market is taking many small blows and they are taking a toll.
If the china-us meeting in Buenos Aires doesnt' go well, that could be another leg down.
Do you think this is the march toward bear territory? NASDAQ could very well finish under 7000 today
So how far is the Dow going down when all is said and done?
15% from it's high?
20%?
25% or higher?
I'm about 70% in stocks in a 30 yr 401(k) employer plan, and I'm going bail & sell. Going for 90% in safe money markets funds. None of the high-powered experts in my 401(k) company seem to have any idea of how bad this correction or crash is going to be. Highly educated finance guys and they have no idea. Lolz.
Any expert here have any idea? Or did all the fancy-smancy college go to waste? Is my guess as good as any of your's here. (probably. lolz).
Dow crashing at -450 right now!
(this is what we talk about when we talk about the weak hands folding - when you hear a few stories like this one, it's usually time to start buying.)
Possibly. On the other hand, I have $12 11/23 TZA calls that are currently in the money if pre-market doom holds (in addition to my $11.50 calls). Gonna start writing and selling naked puts on it next! What could go wrong
3x leveraged funds, like trade wars, are good and easy to win
heh hah
this is sad, but not the first or last options fund to blow up. This guy's clients not only lost their entire investment, they owe MORE than their entire investment. Options are not investment tools, imho. Gambling.
https://www.bloomberg.com/news/articles/2018-11-19/hedge-fund-s-accounts-liquidated-amid-energy-market-volatility
agip wrote:
Possibly. On the other hand, I have $12 11/23 TZA calls that are currently in the money if pre-market doom holds (in addition to my $11.50 calls). Gonna start writing and selling naked puts on it next! What could go wrong
3x leveraged funds, like trade wars, are good and easy to win
No Hope For Mankind wrote:
I'm about 70% in stocks in a 30 yr 401(k) employer plan, and I'm going bail & sell. Going for 90% in safe money markets funds.
Go Washburn!!!! wrote:
My dad told me he sold it at $40.33 and that he bought it at $39.53, he said I was lucky to get out alive I don’t think he will ever buy anything for me again☹️. I think he is pissed off because it went up I think he was thinking this would be a good lesson. Lesson learned, I have to open my own trading account somewhere lol
Ghost of Igloi wrote:
Go Washburn!!! wrote:
24,500 on the doww now. On Maserati’s advice I have just convinced my dad to buy that 3x SPXL with his brokerage for me, I put in about $1200. He said between 24,400-24,500, iirc, so wouldn’t be surprised to see a small dip. Lol I have about 10k to my name, my mom thinks I’m a total idiot. This is the first stock i have ever got my dad to buy for me hopefully not the last!
The trade will be your last. Don’t worry though, a parent’s love is eternal.
Grown Up wrote:
I think Maserati was pretty smart, at least smart enough not to bet 12% of his net worth on spxl. But if you’re young and have a few thousand bucks to play with, I say go for it. Dad sounds like a stick in the mud. Are you Flagpole Jr?😂