Stocks tumble
Yipsters!
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Stay the course!
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Aye Aye Captain.
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might be time to buy - waiting for Dow to go below 28,000
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Nowadays about 75% of the trading is automated which can cause big price swings. Many years of ultra low interest rates have driven market capitalization very high so stocks prices are currently quite vulnerable to a "Black Swan" of some sort. Is the coronavirus the '''Black Swan''' event that blows up the US market?
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Exactly. If you have some cash...................BUY. |
As Arnold would say, They'll be back!
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Particularly since this chart allows you to compare, using different criteria (by year, by fed chair, by recession). Methinks though, some will be quite surprised (upset?)...by the facts. :D |
Buy ... when will you see Apple stock drop.
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Speaking of "history," we are now in the longest bull market (even with yesterday's precipitous drop)...EVER.
IMHO (and many other, more professional opinions) it would be silly to think, that it can continue without some type of major correction...coming soon. I certainly hope not, but history and common sense...says it WILL happen. |
Given that almost 49% of Americans own NO stocks whatsoever, in any form (pension/company/investment/other)...it certainly doesn't matter to them.
Stock Ownership (trade here) Quote:
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Seems we had a group of people on this forum and in congress (tea party) that absolutely warned us of the dangers of this deficit, yet today are silent. My little knowledge says this is the most pressing problem because of the time it will take to "fix". Really not sure but that deficit is now in a territory it has never been before. |
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The February 3 issue of Time magazine, discusses the mess that we 'boomers'...are leaving the millennial's. And the antipathy from so many, to even acknowledge, much less than to start addressing, the issues...continues. :oops: Anyone who calls themselves a patriot or a true American...should care about our future generations. :ohdear: |
But, I just read that some guy said the "stock market looks great to me". Another distortion of fact?
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I would proffer that to "distort" a fact, there needs to be at least...a grain of truth. With a 1,000 point drop of the DJIA, that grain of truth in "great"...does not exist in any form of the definition. :oops: |
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And I'm one of the fortunate ones, who has benefited greatly...from the long-term rise in stock prices. I'm also (barely :D) smart enough, to research the BIG picture and not rely on little snippets of confirmation bias...to guide my overall viewpoints. :ho: |
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A poster posted this earlier..... "I can predict who enjoys the news most when the stock market drops. Hmmmmm." As i said, and nobody objected.......everyone likes when the market is up thus I really dont know why the discussion. It took a dive...that is worth discussion but seems the subject is going to be changed by those who feel they have that right and nobody else. Used to be, as I have often said.,..you could come to this forum and interact and learn from others. This area is always something I like to learn about but now days, it seems impossible because of other interests affecting posters and they need control |
You need to keep this in perspective. A 1000 point drop when the DOW is at 28,000 is about 3%. Go back and look at how many 3% drops have happened in the past. It's just when the DOW was 5000 and dropped 150 points or 3% it didn't seem so bad. And as an investor you should care more about the S&P or the total stock market than the DOW. One big stock with a significant drop can swing the DOW way out of proportion. Total market drop was 3.29% and that is pretty high for one day. But what you really need to do is just one simple thing. Do nothing.
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No quick bounce today.
Hate to be a downer, but this dip might take months to recover. Hope I'm wrong. |
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Do you think it has something to do with the financial impact of trade relating to the Corona Virus? |
The historic P/E ratio of the S&P 500 is 15.54. As of a few minutes ago it is 21.28. It's a long way to the bottom baby.
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Hopefully it returns in the next two weeks and someone pulls out my prior post and laughs at me. Hopefully. :) |
Don't blink, but things aren't looking much better...right now. :(
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Absolutely. Very emotional response lead by computer triggers. I don't think "we" have good numbers to determine the extent. Going to take some time to get effective drugs out. The good thing is it's less than a 5% hit right now. Remember..........with yesterday's sell-off, somebody was buying. |
As of right now, between yesterday and today...the DOW loss is about 6.5%. :(
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Just another day in the neighbourhood. buy buy if you have some cash
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If you gambe at anything, losses are inevitable.
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Do people still read Time magazine? |
Hope our owners catch this falling knife...How's that debt market looking :)
Heck, people here still have newspapers delivered. Magazines are for guns :) |
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Yeah, yeah, I know..."how antiquated." :D . |
It’s only a matter of time before the bubble bursts. An economy supported by artificially low interest rates, along with the huge budget defect, and our country’s unsustainable debt levels, will eventually catch up in a very painful way. I hope I am wrong, but just in case I am correct, the gold we own will become very valuable.
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No.1 rule of basic economics. 'You cannot borrow your way out of debt!' |
Turn that Frown upside Down.
Maybe. :pray: |
Who's buying what ?
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