I remember a number of pages ago when this downturn really started ro roll I called out 22500 by the end of the year....what y’all think?
Alan
Sure would not take much to get there.
Runningart2004 wrote:
I remember a number of pages ago when this downturn really started ro roll I called out 22500 by the end of the year....what y’all think?
Alan
Link? I would like to see what reasoning you gave.
Runningart2004 wrote:
I remember a number of pages ago when this downturn really started ro roll I called out 22500 by the end of the year....what y’all think?
Alan
I think we’ve already seen the low for the year.
Seven full trading days and two early closes. So not much left in 2018.
Ghost of Igloi wrote:
Seven full trading days and two early closes. So not much left in 2018.
Don't forget the tax loss harvesting and there may need to be a fair amount of it since many undoubtedly sold some long term winners after multi-year run-ups, and now they need to find some losses to offset those capital gains. I can't be the only one who has to do that.
seattle prattle wrote:
Ghost of Igloi wrote:
Seven full trading days and two early closes. So not much left in 2018.
Don't forget the tax loss harvesting and there may need to be a fair amount of it since many undoubtedly sold some long term winners after multi-year run-ups, and now they need to find some losses to offset those capital gains. I can't be the only one who has to do that.
Except you don’t “have” to do it. Why sell a loser tat you think might turn into a winner?
Les Habitants wrote:
seattle prattle wrote:
Don't forget the tax loss harvesting and there may need to be a fair amount of it since many undoubtedly sold some long term winners after multi-year run-ups, and now they need to find some losses to offset those capital gains. I can't be the only one who has to do that.
Except you don’t “have” to do it. Why sell a loser tat you think might turn into a winner?
Because i don't think it's coming back anytime soon. Semiconductors. Sure was up by a lot and sure held i'em for too long.
seattle prattle wrote:
Les Habitants wrote:
Except you don’t “have” to do it. Why sell a loser tat you think might turn into a winner?
Because i don't think it's coming back anytime soon. Semiconductors. Sure was up by a lot and sure held i'em for too long.
Well then you obviously don’t think it will turn into a winner.
Les Habitants wrote:
seattle prattle wrote:
Because i don't think it's coming back anytime soon. Semiconductors. Sure was up by a lot and sure held i'em for too long.
Well then you obviously don’t think it will turn into a winner.
not within 30 days, and that's all i have to stay out of it in order to avoid triggering the wash sale rules. In other words, i can always buy it back later, but preferably not within the 30 days of selling it.
26,828.39 set on October 3, 2018.
Closed yesterday at 23,592.98.
Down 12% plus.
If down 10% is a correction and healthy, what's down 20%?
VIX is at 25.70. About to test the agip VIX Indicator again.
it's a christmas miracle
S&P 500
2,546.16
+0.22(+0.01%)
Interesting article, here. About how the algos are running the show, and making the markets even more unpredictable and volatile.
Correction plus wrote:
26,828.39 set on October 3, 2018.
Closed yesterday at 23,592.98.
Down 12% plus.
If down 10% is a correction and healthy, what's down 20%?
40% shy of 60%
Details, man...Details! wrote:
Runningart2004 wrote:
I remember a number of pages ago when this downturn really started ro roll I called out 22500 by the end of the year....what y’all think?
Alan
Link? I would like to see what reasoning you gave.
No reason lol, I have no financial or economic experience whatsoever....just trying to look at trends and 22500 looked like a pretty number. I think we will drop off a cliff after Mueller is done, assuming it’s damaging to Trump, we will drop under 20000 as a knee jerk reaction.
Alan
Correction plus wrote:
26,828.39 set on October 3, 2018.
Closed yesterday at 23,592.98.
Down 12% plus.
If down 10% is a correction and healthy, what's down 20%?
Great job again, Igy!
Big Dog Investments wrote:
Igy wrote:
Down 5% and falling fast.
Another great call, Igy. You posted at 2:23 PM Eastern and the stock literally turned around immediately. One just can’t make this stuff up.
[IMG]
http://i63.tinypic.com/r1mmhy.jpg[/IMG]
Sure. CHK a new 52 week low today!
Fed, please save us!
Ghost of Igloi wrote:
Big Dog Investments wrote:
Another great call, Igy. You posted at 2:23 PM Eastern and the stock literally turned around immediately. One just can’t make this stuff up.
[IMG]
http://i63.tinypic.com/r1mmhy.jpg[/IMG]
Sure. CHK a new 52 week low today!
Fed, please save us!
There’s your BUY signal, folks. CHK guaranteed to go up!