Stock market!!!!

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supton,

25 years out till retirement ?
Just stay put and don't worry. Stay diversified and reinvest the dividends.

I'd increase 401K contributions if you can afford it.


*** Off Topic ***
Expect big layoffs in the very near recession that's on the horizon and quickly approaching.
frown.gif
 
Originally Posted by PimTac
Well, the Fed just cut rates to zero. This just happened minutes ago in a emergency meeting.


That's great news !!!!!
 
Originally Posted by Mr Nice
Originally Posted by PimTac
Well, the Fed just cut rates to zero. This just happened minutes ago in a emergency meeting.


That's great news !!!!!





At first glance , until reality sinks in.
 
Supton - rebalancing forces you to sell high and buy low.

Consider, if, over a period of time, stocks have grown and bonds are off, you have to sell some stock (which is high) to buy bonds (which are low) to rebalance to your target percentages.

It's actually a very good strategy, but without knowing what you have and your target asset allocation, I don't feel comfortable recommending it.

Still, now that others are fearful, it's time to consider being greedy. I'm not taking all my cash and putting it back in, but I'm watching closely now as everyone else is panicking.

Again, this crisis and volatility are very reminiscent of 2008, which presented a gift horse buying opportunity.

Stay the course.
 
Originally Posted by Astro14
Supton - rebalancing forces you to sell high and buy low.

Consider, if, over a period of time, stocks have grown and bonds are off, you have to sell some stock (which is high) to buy bonds (which are low) to rebalance to your target percentages.

It's actually a very good strategy, but without knowing what you have and your target asset allocation, I don't feel comfortable recommending it.

Still, now that others are fearful, it's time to consider being greedy. I'm not taking all my cash and putting it back in, but I'm watching closely now as everyone else is panicking.

Again, this crisis and volatility are very reminiscent of 2008, which presented a gift horse buying opportunity.

Stay the course.




I would seriously take this advice.
 
Originally Posted by Mr Nice
Originally Posted by PimTac
Well, the Fed just cut rates to zero. This just happened minutes ago in a emergency meeting.


That's great news !!!!!


I don't know. That just means they have no more to give.
 
Originally Posted by JOD
Originally Posted by alarmguy
Remember, just 10 years ago we had the Swine Flu, with almost no percussions because our government did nothing while 12,000 Americans died, simply because, every year 100,000 + Americans die from flu's and viruses.

What will be the reaction when 12,000 American are dead from the China Flu? How many understand that even happened 10 years ago, even scarier was 10 years ago it was killing young people more then old and its not even a thought on anyones mind?
Never mind that well over 20,000 and maybe 50,000 dead for this flu season alone simply by the everyday good old USA standard flu.

I stopped reading right here, because it's obviously that you're just listening to biased news sources that are not based in reality. That's probably why you are so misinformed.


If anyone has listened to the actual experts on viral disease (instead of MSN spin doctors), they would understand this is not like "normal flu" and has a much larger potential for impact on society. The experts say it can not be ignored at this point in time, in fact it was ignored a bit too much already to effectively head it off early. That's what the alarm factor is about Corvid-19, and why the world is reacting like it is right now. The spread of the virus needs to be controlled before it gets any more out of control.

I've got most of my investments in stable funds right now, and some stocks that I'll just let ride the storm.
 
Originally Posted by Astro14


Again, this crisis and volatility are very reminiscent of 2008, which presented a gift horse buying opportunity.

Stay the course.


Keep in mind, it took several months to hit bottom on the last crash, a couple of years to get back to even. While no one knows how closely this will mimic the last crash, I think that ultimately it comes down to how strongly you feel about the economy's fundamentals.

I do not feel good about the global outlook right now, and zero percent rates from the fed don't make me feel any better about it. It's only selling low if you doesn't go lower--and think all indications are that things will get worse before they get better. My $.02.

That said, there are certainly some things that are almost "sure bets", and some energy ETF's seem like long-term sure things. Oil will not remain at 30 dollars a barrel, that's for sure. I moved about 15% back into an energy ETF early Friday (VDE). While it jumped on Friday, I'm sure it will zigzag for the foreseeable future. The end result of oil price wars is always the same, though: higher oil prices eventually. Even with a transition away from fossil fuels for passenger vehicles, it's still vital for production.
 
This time is going to be hard to predict.

I got out before the 08 recession but didn't get back in, so I lost more than had I stay in. I'm now on dollar cost averaging between Treasury, US index fund, and international stock, so I can gain from any movement without human emotion involved.

I've been paying off mortgage early and when things get real bad (mass layoff, people forced to sell assets to cover their position), I'm going to refinance as much as I can and buy something. I don't think it is time yet.
 
Its basic science. Particles have a difficult time spreading around in hot humid weather. So the hotter it is...the more rain...the less it will spread.
 
All MGM Resorts Int. announced it will close all of their hotels in Las Vegas effective Tuesday. Will not take any reservations till May 1 2020. Not going to be a good time to have all your money in stocks.

Rod
 
Limit down day. The selling will happen after moves up. Most of it is covering short positions as the market is controlled by bear at this point. 3/4 of the move happens at the last part of the selling which is months out. By my calculations which I have researched for a while we are a minimum of 1 1/2 years out to a base maybe 2 years. Some support points based on round numbers off the top of my head, 19980, 18500, 14600, 12600, 9000, 6800. We will have rallies in the down which will get sold into and quickly reverse.

My original targets I plotted a year ago are 14,000-16,000 on the Dow Jones. Although 7,000 seems ridiculous at this point, its there and markets behave irrational. We will see how this plays out. Be safe.
 
I think we re-test previous lows and then go up from here. Im looking at the OIH which I feel is a deal right now.

I disagree the market is 2 years out from a bottom. I think the bottom is now.

Keep in mind our friendly neighborhood moderator has posted a new policy specifically posted in this section of the site. Please read it. No discussions of that topic.



[Linked Image]

[Linked Image]
 
Might be a short term bottom. We will see. I have been through 3 of the major drops. A V shape recovery has to have strong fundamentals. I will be moving the vast majority of my money in when its time and the time is a long way out IMO.
 
I dont believe in that technical pattern stuff. That will get you in trouble.

Ive been through each of these crisis. 2003 tech collapse was obvious. We all knew those companies were not valued that high. It was just a matter of when not if. 2008 was only obvious to those in the mortgage industry. A lot of these loans were bad. However the current time frame is based on panic, fear and hysteria. I dont want to get into current time frame out of respect for the new forum policy, but you can read about it in the news.

All Im concerned now is it holding at that level and then I can make my entry into the OIH.
 
I just picked up some SPY in the premarket at 242.8 and have a stop placed under 242.2.
 
If anyone is looking for falling knives, check out TSLA. The stock was well in the $900 plus range but it's on fire sale currently for $468.

Wait a bit and get it for $300.
 
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