Investors....come in please!
- Thread starter Last_Z
- Start date
- Status
Originally Posted By: gfh77665
Originally Posted By: Warstud
Wow...The market finally sold off.
When did 1.14% constitute a "sell off"?
Bouncing around the net, I see hysterical headlines screaming "STOCKS CRUSHED" and "STOCKS TUMBLED" etc.
For 1.14%? REALLY?
The media needs to GET A GRIP.
Down 200 points on the Dow and 100 on the Nasdaq isn't a selloff ? Why not. It's the biggest point drop since the rally started in November. But yah... the media really makes a big deal over it.
Originally Posted By: Warstud
Wow...The market finally sold off.
When did 1.14% constitute a "sell off"?
Bouncing around the net, I see hysterical headlines screaming "STOCKS CRUSHED" and "STOCKS TUMBLED" etc.
For 1.14%? REALLY?
The media needs to GET A GRIP.
Down 200 points on the Dow and 100 on the Nasdaq isn't a selloff ? Why not. It's the biggest point drop since the rally started in November. But yah... the media really makes a big deal over it.
Originally Posted By: Warstud
Down 200 points on the Dow and 100 on the Nasdaq isn't a selloff ? Why not.
No, it isn't. The PER CENT decline is only 1.14. That is not a sell off. Thats a daily gyration.
Down 200 points on the Dow and 100 on the Nasdaq isn't a selloff ? Why not.
No, it isn't. The PER CENT decline is only 1.14. That is not a sell off. Thats a daily gyration.
A 1% drop for the first time in 109 days constitutes a sell-off?? Wow. Maybe it's the terminology here. I seem to remember four days in the latter part of 2008 that individually had drops either at or approaching 700 points. I remember September 2001 and October 1987 very well...those were sell-offs.
S&P futures -18.50
“The test for markets comes tonight, as American investors face the first full session of trading,” said Michael McCarthy, chief market strategist at CMC Markets in Sydney. “A significantly weaker U.S. dollar suggests the news is not fully priced into shares.”
“The test for markets comes tonight, as American investors face the first full session of trading,” said Michael McCarthy, chief market strategist at CMC Markets in Sydney. “A significantly weaker U.S. dollar suggests the news is not fully priced into shares.”
Originally Posted By: Warstud
I was going to say "Correction Time" but some would interpret as a CRASH.
So here you go >>>>>
The NDX just gave a Sell. So now all Indexes are currently on a SELL signal. GL
DJIA FUTURES -156.00 (-0.76%)
NASDAQ FUTURES -39.00 (-0.73%)
S&P 500 FUTURES -20.75 (-0.88%)
As of 9:09AM EDT
I was going to say "Correction Time" but some would interpret as a CRASH.
So here you go >>>>>
The NDX just gave a Sell. So now all Indexes are currently on a SELL signal. GL
DJIA FUTURES -156.00 (-0.76%)
NASDAQ FUTURES -39.00 (-0.73%)
S&P 500 FUTURES -20.75 (-0.88%)
As of 9:09AM EDT
Well I'm pretty much all in cash right now. Smart? Who knows...but I can't see this market going much higher and I feel a correction has to be imminent. I've done really well over the last 7 years, I am taking my winnings and putting them aside.
Originally Posted By: dishdude
Well I'm pretty much all in cash right now. Smart? Who knows...but I can't see this market going much higher and I feel a correction has to be imminent. I've done really well over the last 7 years, I am taking my winnings and putting them aside.
ataboy.
Well I'm pretty much all in cash right now. Smart? Who knows...but I can't see this market going much higher and I feel a correction has to be imminent. I've done really well over the last 7 years, I am taking my winnings and putting them aside.
ataboy.
Originally Posted By: dishdude
Well I'm pretty much all in cash right now. Smart? Who knows...but I can't see this market going much higher and I feel a correction has to be imminent. I've done really well over the last 7 years, I am taking my winnings and putting them aside.
You will be proven to be correct, sooner than later.
Well I'm pretty much all in cash right now. Smart? Who knows...but I can't see this market going much higher and I feel a correction has to be imminent. I've done really well over the last 7 years, I am taking my winnings and putting them aside.
You will be proven to be correct, sooner than later.
Nobody knows nuthin.
Invest in low-cost mutual funds and STAY invested.
Timing the market is a losers' game. Good luck, you'll need it.
Invest in low-cost mutual funds and STAY invested.
Timing the market is a losers' game. Good luck, you'll need it.
The more money invested in the market.... the more that person gets jittery if there is bad news.
Originally Posted By: Mr Nice
The more money invested in the market.... the more that person gets jittery they get if there is bad news.
Not true. At least, not true for me.
At some point, you realize how much you've got at risk, and the risk includes loss of upside. Opportunity cost, if you will, of NOT being invested. I've watched my investments grow from modest accounts to a portfolio over the past couple of decades.
I sleep just fine, whether the market is up or down. I've got 11 years to go. I know I'll retire in 2028.
And I continue to contribute 23% of my annual earnings toward my retirement funds.
The more money invested in the market.... the more that person gets jittery they get if there is bad news.
Not true. At least, not true for me.
At some point, you realize how much you've got at risk, and the risk includes loss of upside. Opportunity cost, if you will, of NOT being invested. I've watched my investments grow from modest accounts to a portfolio over the past couple of decades.
I sleep just fine, whether the market is up or down. I've got 11 years to go. I know I'll retire in 2028.
And I continue to contribute 23% of my annual earnings toward my retirement funds.
- Status
Similar threads
