Investors....come in please!

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Originally Posted By: miden851
With the crazy stuff in DC, this market screams crash!!

Selloff today!
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I would hardly call this a selloff. 1%? I do agree that the turbulence in DC might fuel the correction I've been expecting...
 
it goes down abit quicker than up, if the rest of the week goes flat to down it starts to get juicy, bulls need a serious shake to start the stampede...today was an opening salvo.
 
right now Asia in the toilet, day 2 for them, we'll see how smart these bulls are when S&P goes down 400 points.
 
Originally Posted By: dblshock
we'll see how smart these bulls are when S&P goes down 400 points.


Are you putting your money where your mouth is? Are you shorting the market? If not, why?
 
trash talk aside, yes, short equities mentioned above mostly on valuation...expect a bounce up later today, Friday will be pivotal imo.
 
Originally Posted By: dblshock
trash talk aside, yes, short equities mentioned above mostly on valuation...expect a bounce up later today, Friday will be pivotal imo.

Down 85 pre-market this AM.

Who bought VIX last week?
 
I'm taking my winning stocks to the side for now, about 50%; the rest of my allocation is still in energy and retailers though
 
Originally Posted By: Warstud
Originally Posted By: dishdude
I would hardly call this a selloff.


Let me guess...it was a reverse rally ....
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October, 1987 was a bloodbath.

Other sell offs have been far worse.

1 or 2 % is just noise...
 
Originally Posted By: miden851
a bloodbath!!


Well...my portfolio total value is above where it was on Friday of last week.

Some "bloodbath"...
 
Originally Posted By: Astro14
Originally Posted By: miden851
a bloodbath!!


Well...my portfolio total value is above where it was on Friday of last week.

Some "bloodbath"...

What started as a sell off, quickly became a bargain hunters friend. I personally added to 3 of my stocks. I keep some cash just for such times.
 
Originally Posted By: miden851
a bloodbath!!


"bloodbath" to BOOM!
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It amazes me how the financial media (like CNBC) spins normal market fluctuations.

IF MARKET UP 1%: They quietly say "The market rose 1% today..."
IF MARKET DOWN 0.5%: Headlines scream: "STOCKS CRUSHED!...STOCKS TUMBLE!..."
 
Well that was a nice head fake. Now I'm back to where I was on May 16th and also up a few dollars.
 
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