OT - Dow plunges 1,175 - worst point decline in history - Page 7

Tony T · #91 02-09-2018, 02:46 PM

With the S&P breaking the 50 Day Moving Average, then the 100, and today the 200 day MA, is this really a time to buy?

Jeff N. · #92 10-10-2018, 02:35 PM

10/10/18...bad plunge today...

godfrey1112000 · #93 10-10-2018, 02:47 PM

No screaming on the way up📈 no screaming on the way down 📉

R3awak3n · #94 10-10-2018, 02:49 PM

I mean, what did everyone expect, I am up 92% this year on my portfolio.... I am an amateur investor.... it will come down and come down again

well, was up 92%... that was last week ahah

RC. · #95 10-10-2018, 02:49 PM

Quote:

Originally Posted by godfrey1112000

No screaming on the way up📈 no screaming on the way down 📉

Yup. Time in the market will always be better than trying to time the market.

echappist · #96 10-10-2018, 02:50 PM

time to rebalance toward equities

godfrey1112000 · #97 10-10-2018, 02:51 PM

Quote:

Originally Posted by RC.

Yup. Time in the market will always be better than trying to time the market.

Thanks Mr Buffet

makoti · #98 10-10-2018, 03:29 PM

Please don't revive threads with 1K+ Dow drops in the title...

Tony T · #99 10-10-2018, 03:49 PM

Quote:

Originally Posted by makoti

Please don't revive threads with 1K+ Dow drops in the title...

Might be………….
…………..not, DOW Down 831

saab2000 · #**100** 10-10-2018, 03:51 PM

Just bought shares for about 4-5% less than they were a week ago. Stocks are on sale today.

unterhausen · #**101** 10-10-2018, 03:51 PM

Quote:

Originally Posted by makoti

Please don't revive threads with 1K+ Dow drops in the title...

okay, I laughed.

I think anyone that can't afford a few 1k drops doesn't really belong in the stock market. I went from heavily weighted towards cash to a lot of securities. But the nature of those investments are such that as long as the economy is doing okay, I will do okay. Never been one to put money in a company I didn't understand.

Louis · #**102** 10-10-2018, 03:57 PM

Quote:

Originally Posted by saab2000

Stocks are on sale today.

Might be an even better sale tomorrow.

MattTuck · #**103** 10-10-2018, 04:03 PM

Quote:

Originally Posted by Louis

Might be an even better sale tomorrow.

We're going back below 1500 on the S&P500 (not today, or tomorrow though). This is the economic equivalent of a guy going on a solo break away at Roubaix, using all his reserves, pushing past his limits to gain a temporary advantage. He will hit a wall with 50K still left to race.

fignon's barber · #**104** 10-10-2018, 04:08 PM

It's unpleasant, but if you own good companies just be patient.

echappist · #**105** 10-10-2018, 04:37 PM

Quote:

Originally Posted by godfrey1112000

Thanks Mr Buffet

actually, more like Mr. Jack Bogle

Quote:

Originally Posted by MattTuck

We're going back below 1500 on the S&P500 (not today, or tomorrow though). This is the economic equivalent of a guy going on a solo break away at Roubaix, using all his reserves, pushing past his limits to gain a temporary advantage. He will hit a wall with 50K still left to race.

last time the S&P was at that level was in early 2013... 2500 or even 2000, i could see; but 1500 (unless temporary)? then again, the S&P does generally take a 30-40% hit on bad bear markets, so...

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otoh, treasury yields haven't budged yet (i'd expect at least the long term to go down, as people flock to "safety", thus driving up prices and lowering yield). any more astute followers of the market have an explanation for that?