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Re: Anyone else having panic attacks about the market?
Old 03-21-2007, 04:48 PM   #121
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Re: Anyone else having panic attacks about the market?

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Originally Posted by REWahoo!
The Dow is up almost 4% from it's drop two weeks ago. The roller coaster is climbing up the next hill. Are those of you who stained your shorts and sold about ready to buy again?

I didn't stain no stinkin shorts. I just sat there; didn't flush anything.
I am a professional when it comes to doing nothing.
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Re: Anyone else having panic attacks about the market?
Old 03-21-2007, 05:00 PM   #122
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Re: Anyone else having panic attacks about the market?

I held tight through the flush. This is a distribution week for me so distributed and sold 1.25x that sum out of my largest holding.

Funny, hesitant to sell in the flush, hesitant to sell in fill. Must kept my resolve to have x years distributions in cash/cd/bonds.
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Re: Anyone else having panic attacks about the market?
Old 03-21-2007, 05:02 PM   #123
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Re: Anyone else having panic attacks about the market?

Holy smoking electrons - bet those computers at Vanguard rebalancing my Target Retirement are just humming away.

The Norwegian widder will probably be mad - cause it will drop her current yield in the second decimal place a tad.

There is a ying and yang to all of this.

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Re: Anyone else having panic attacks about the market?
Old 03-21-2007, 05:16 PM   #124
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Re: Anyone else having panic attacks about the market?


I didn't have any panic attacks or flutters until today, when my portfolio total got within 0.4% of a long desired goal.

The good days play with me more.
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Re: Anyone else having panic attacks about the market?
Old 03-21-2007, 06:13 PM   #125
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Re: Anyone else having panic attacks about the market?

I never flinched....I mighta twitched just a teeny bit, but I didn't touch the controls. If I hadn't found this board awhile back, I most likely would have been hopping around, trying to "cut my losses"! :
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Re: Anyone else having panic attacks about the market?
Old 03-21-2007, 07:05 PM   #126
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Re: Anyone else having panic attacks about the market?

I was nervous too, but made no changes at all. Yay!!

My conclusion is that the correct level of risk for me is 60% stocks, not 75% stocks as I had in 2006.

It didn't feel good, not one bit good, but what I felt doesn't matter. What I DID (or rather DIDN'T DO) is what mattered. 8)
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Re: Anyone else having panic attacks about the market?
Old 03-21-2007, 07:24 PM   #127
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Re: Anyone else having panic attacks about the market?

i did a small amount of buying during the "sale" ... now will start to consider a bit of selling ... not market timing, just rebalancing (i do it small "chunks", but somewhat frequently as the market might dictate). net result, i'm smiling a bit, but a dip is never fun, and until more time passes, don't know that it's done.
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Re: Anyone else having panic attacks about the market?
Old 03-21-2007, 08:18 PM   #128
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Re: Anyone else having panic attacks about the market?

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Originally Posted by Want2retire
I was nervous too,
An understatement, for me at least. I was really concerned, not because of the fluctuation, but because of the reason behind the fluctuation (China, Asia, Europe and then the US).

Quote:
Originally Posted by Want2retire
but made no changes at all. Yay!!
Neither did I. Double yeah!

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Re: Anyone else having panic attacks about the market?
Old 03-21-2007, 08:27 PM   #129
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Re: Anyone else having panic attacks about the market?

Quote:
Originally Posted by REWahoo!
Are those of you who stained your shorts and sold about ready to buy again?
Eh, I shorted FirstFed Financial and Abercrombie & Fitch. I coulda sold a couple weeks ago.

But I think there's time to turn these into bigger long-term cap gains.
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Re: Anyone else having panic attacks about the market?
Old 03-21-2007, 08:39 PM   #130
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Re: Anyone else having panic attacks about the market?

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Originally Posted by d
i did a small amount of buying during the "sale" ... now will start to consider a bit of selling ... not market timing, just rebalancing (i do it small "chunks", but somewhat frequently as the market might dictate). net result, i'm smiling a bit, but a dip is never fun, and until more time passes, don't know that it's done.
This is market timing. Not that there is anything wrong with that.

ha
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Re: Anyone else having panic attacks about the market?
Old 03-21-2007, 09:00 PM   #131
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Re: Anyone else having panic attacks about the market?

Quote:
just rebalancing
... market timing would be when i change my allocation from planned targets.
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Re: Anyone else having panic attacks about the market?
Old 03-21-2007, 10:11 PM   #132
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Re: Anyone else having panic attacks about the market?

Oh man - Is that correction already over? I can't believe it was over so quick.

Audrey
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Re: Anyone else having panic attacks about the market?
Old 03-21-2007, 10:44 PM   #133
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Re: Anyone else having panic attacks about the market?

I'm with you Audrey.... I was hoping to move some of my mother's money into stocks... but wanted to talk to her about how much... I was hoping it was going to go down a bit more than it did... hoping for the 10% correction...
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Re: Anyone else having panic attacks about the market?
Old 03-22-2007, 07:00 AM   #134
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Re: Anyone else having panic attacks about the market?

Quote:
Originally Posted by audreyh1
Oh man - Is that correction already over? I can't believe it was over so quick.

Audrey
Might not be. We all need to be prepared for a big one. Maybe now, maybe not for years. Now that I am already ERed (DW to follow shortly) I begin to understand the need for some bonds in the mix. A little less volatility would be comforting.
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Re: Anyone else having panic attacks about the market?
Old 03-22-2007, 09:01 AM   #135
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Re: Anyone else having panic attacks about the market?

i think at best we'll get a summer rally until reality slaps people in 3Q or in 2008. Wall Street is hoping for a rate cut to sell more mortgages so people can refi into another ARM and postpone the rate adjusts. They are praying for the fed to save them from their mistakes.

The fed has a long history of showing the finger in these situations until there is a real crisis. aka 1998
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Re: Anyone else having panic attacks about the market?
Old 03-22-2007, 09:13 AM   #136
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Re: Anyone else having panic attacks about the market?

I think we have not seen the real correction yet. When a dip reaches 10% and then triggers programmed trading of all the trailing stop loss orders then we will see some real buying opportunities...
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Re: Anyone else having panic attacks about the market?
Old 03-22-2007, 09:25 AM   #137
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Re: Anyone else having panic attacks about the market?

Quote:
Originally Posted by kate
I didn't have any panic attacks or flutters until today, when my portfolio total got within 0.4% of a long desired goal.

The good days play with me more.
Mine reached a goal this morning that it would have reached on February 27th, if the market had not dropped. Now I can celebrate!

Naturally, I don't expect this to be the end of it. But the fact that the market has stabilized and then recovered to such a great extent before possibly dropping again, is very pleasant to observe.
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Re: Anyone else having panic attacks about the market?
Old 03-22-2007, 12:19 PM   #138
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Re: Anyone else having panic attacks about the market?

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I think we have not seen the real correction yet
... the recent dip certainly doesn't qualify as a correction by traditional standards ... and even if it did, there's nothing to preclude another one just around the corner.
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Re: Anyone else having panic attacks about the market?
Old 03-22-2007, 06:08 PM   #139
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Re: Anyone else having panic attacks about the market?

I am invested for the rest of my life. So since I dont short anything why should I get worked up over a small dip like this. Obviously if we have a super duper 50 percent drop I suspect we all have more worries than our money
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Re: Anyone else having panic attacks about the market?
Old 03-23-2007, 06:51 PM   #140
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Re: Anyone else having panic attacks about the market?

Well, no panic here, but, it was a wake-up call when the market dipped like it recently did. It appears that fear is the movitation I need to rebalance, which means making my portfolio more conservative. It really is a greed vs. fear situation. And, as I'm getting older, fear is definitely becoming the stronger motivator.
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