The market goes up and the market goes down, but mostly the market goes UP.Market swoons are to be expected.
Stock Market - Pathetic Close
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China
One of the worst Christmas Eves ever, down more that 600 points.
Christmas usually gets a bump.
Hopefully not too many people will get hurt.
Balance is key, so that say.
Christmas usually gets a bump.
Hopefully not too many people will get hurt.
Balance is key, so that say.
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Originally Posted by JeffKeryk
GE stock is back to its early 1990's value. Jack Welch is the father of modern CEOs. Offshoring to China and India to lower the middle line and maximize bottom line.
Get massive stock options to make $$ with low tax burden (capital gains).
This is an example of not having an over weighted portfolio and/or taking profits from time to time.
I have quite a bit of stock in one company that has done very well over the past 25 years.
It was $225 at the peak and is now $127.
From time to time I took profits near the peak and paid stupid low taxes on it.
Probably not enough but I am just as stupid as the next guy.
It can go up just like it went down. Mine went way down then in a matter of about 4 days almost went back up to what it was when it was at its highest point, but now it's back to being pretty low. Just have to sit on it or better yet buy more now while its cheap. I've bought quite a bit recently and i'm just waiting for it to come back up to reap the rewards. Atleast I get about 10k year in dividends.
GE stock is back to its early 1990's value. Jack Welch is the father of modern CEOs. Offshoring to China and India to lower the middle line and maximize bottom line.
Get massive stock options to make $$ with low tax burden (capital gains).
This is an example of not having an over weighted portfolio and/or taking profits from time to time.
I have quite a bit of stock in one company that has done very well over the past 25 years.
It was $225 at the peak and is now $127.
From time to time I took profits near the peak and paid stupid low taxes on it.
Probably not enough but I am just as stupid as the next guy.
It can go up just like it went down. Mine went way down then in a matter of about 4 days almost went back up to what it was when it was at its highest point, but now it's back to being pretty low. Just have to sit on it or better yet buy more now while its cheap. I've bought quite a bit recently and i'm just waiting for it to come back up to reap the rewards. Atleast I get about 10k year in dividends.
Remember, if a stock (or a house or whatever the asset) goes down 50% it has to go up 100% to return to the starting value.
The DOW is negative for the year and in correction status.
If you are young enough to recover, or if you are well off enough that it does not matter that much, you are OK.
But some who are more dependent on the market will not be so lucky.
The market is still incredibly high; it ha been on an incredible run.
Of course that depends on when you got in.
I believe in minimizing costs to better manage over the down turns.
I worked hard for many years to pay off my house and invest.
I am installing solar; I installed a tankless water heater.
I am in it for the long run.
The DOW is negative for the year and in correction status.
If you are young enough to recover, or if you are well off enough that it does not matter that much, you are OK.
But some who are more dependent on the market will not be so lucky.
The market is still incredibly high; it ha been on an incredible run.
Of course that depends on when you got in.
I believe in minimizing costs to better manage over the down turns.
I worked hard for many years to pay off my house and invest.
I am installing solar; I installed a tankless water heater.
I am in it for the long run.
Last edited:
this train resembles a roller coaster
Originally Posted by ZeeOSix
Looks like the big players who manipulate the market all decided to jump back in and drive the market back up. It's all a manipulation game.
Yes it can be looked at that way. These roller coaster environments happen from time to time. If you are young and dollar cost averaging then you pick up shares on sale.
It's also computer driven. The enormous server farms in New Jersey can affect the markets quite a bit.
In my experience and opinion, when a market has such wild swings it's something to pay attention to. Nervousness in the markets usually portends a downturn. You can continue to plug away or save up some money for a gift horse purchase in the future. This all depends on your age of course.
Looks like the big players who manipulate the market all decided to jump back in and drive the market back up. It's all a manipulation game.
Yes it can be looked at that way. These roller coaster environments happen from time to time. If you are young and dollar cost averaging then you pick up shares on sale.
It's also computer driven. The enormous server farms in New Jersey can affect the markets quite a bit.
In my experience and opinion, when a market has such wild swings it's something to pay attention to. Nervousness in the markets usually portends a downturn. You can continue to plug away or save up some money for a gift horse purchase in the future. This all depends on your age of course.
Originally Posted by ZeeOSix
Looks like the big players who manipulate the market all decided to jump back in and drive the market back up. It's all a manipulation game.
Popular delusion. Just to unwind a position takes weeks-months for big players. It is much harder to manage huge accounts - Stan Druckenmiller is a great example.
If you look at volume down, the large players were selling for many many weeks while the market was going up. Of course, when one lacks knowledge and experience, one takes a shortcut - a conspiracy theory.
Most retail customers have no idea how positions are calculated and established, how they are managed and hedged and how they are closed.
Just plot Volume Down for NYSE, the chart will amaze you. Also, new 52 week highs vs lows, volumes for new highs and lows, etc. Various volatility indicies, including bond volatility, etc
This sell-off started in October. Still has some time to go. Also, liquidity, e.g. Eurex was closed for a few days while CME/CBOT/NYSE were open, so Frankfurt server farms were on vacation.
As was stated before, a lot of trading is automated nowadays.
Looks like the big players who manipulate the market all decided to jump back in and drive the market back up. It's all a manipulation game.
Popular delusion. Just to unwind a position takes weeks-months for big players. It is much harder to manage huge accounts - Stan Druckenmiller is a great example.
If you look at volume down, the large players were selling for many many weeks while the market was going up. Of course, when one lacks knowledge and experience, one takes a shortcut - a conspiracy theory.
Most retail customers have no idea how positions are calculated and established, how they are managed and hedged and how they are closed.
Just plot Volume Down for NYSE, the chart will amaze you. Also, new 52 week highs vs lows, volumes for new highs and lows, etc. Various volatility indicies, including bond volatility, etc
This sell-off started in October. Still has some time to go. Also, liquidity, e.g. Eurex was closed for a few days while CME/CBOT/NYSE were open, so Frankfurt server farms were on vacation.
As was stated before, a lot of trading is automated nowadays.
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