Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 01-24-2013, 01:20 PM   #21
Full time employment: Posting here.
 
Join Date: Jun 2006
Posts: 926
The market goes up and the market goes down. Kind of like the tides and waves. You can get a stomach upset if you watch it too closely.
__________________

__________________
CW4, USA-(ret)
RN, BSN-(ret)
jclarksnakes is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 01-24-2013, 01:28 PM   #22
Thinks s/he gets paid by the post
 
Join Date: Mar 2010
Posts: 1,648
Quote:
Originally Posted by W2R View Post
It can't last forever.

Meanwhile, I must admit I am absolutely thrilled every day when I see my portfolio balances!! Wheee....!!!!



What a great ride!
Uh....Oh.! I think that means ...get ready to sell.....
__________________

__________________
sheehs1 is offline   Reply With Quote
Old 01-24-2013, 01:34 PM   #23
Thinks s/he gets paid by the post
heeyy_joe's Avatar
 
Join Date: Nov 2012
Location: Madeira Beach Fl
Posts: 1,403
A market correction is generally defined as a drop in the averages of 10%. I do not see a drop like that for the markets, barring an unforseen calamity or congress screwing up the sequester/budget/continuing resolution thereby causing a market panic. Personally I do not see this as an entry point in general, preferring to wait until May. Might sell some at the money covered calls out to August to generate some cash.
__________________
_______________________________________________
"A man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do" --Bob Dylan.
heeyy_joe is offline   Reply With Quote
Old 01-24-2013, 01:43 PM   #24
Thinks s/he gets paid by the post
powerplay's Avatar
 
Join Date: Oct 2008
Posts: 1,380
Quote:
Originally Posted by sheehs1 View Post
Uh....Oh.! I think that means ...get ready to sell.....
Well I thought it meant we should have already sold!
__________________
powerplay is offline   Reply With Quote
Old 01-24-2013, 01:51 PM   #25
Moderator Emeritus
aja8888's Avatar
 
Join Date: Apr 2011
Location: The Woodlands, TX
Posts: 7,156
I think all the Bud Light bottle labels must be in alignment for the market to change direction.
__________________
aja8888 is offline   Reply With Quote
Old 01-24-2013, 01:57 PM   #26
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,096
Quote:
Originally Posted by aja8888 View Post
I think all the Bud Light bottle labels must be in alignment for the market to change direction.
Or maybe all the Carlsberg bottles at a movie theater in Brussels...

Carlsberg stunts with bikers in cinema - YouTube
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 01-24-2013, 02:36 PM   #27
Full time employment: Posting here.
 
Join Date: Dec 2010
Posts: 572
Nothing goes up forever. There will always be a pullback, but the question is how big is the correction, whether it is temporary and how long with the pullback last before its starts the next leg up. A bull market climbs on the wall of worry. You always should have diversification in your investment. And do you listen to Bogle?
__________________
bondi688 is offline   Reply With Quote
Old 01-24-2013, 04:17 PM   #28
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2006
Posts: 11,018
I predict that the markets will go down in February and will oscillate wildly until the US gets its debt ceiling sorted out, and then there will be a bull market.

But what do I know? Your educated guess is as good as mine. But I hope I'm right.
__________________
Meadbh is offline   Reply With Quote
Old 01-24-2013, 04:38 PM   #29
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
 
Join Date: Apr 2003
Location: Hooverville
Posts: 22,384
It interests me to see this thread. Ordinarily investors get turned on by rising prices. We have had essentially 4 years of rising prices. Why the bearishness? I don't have an opinion, but I wonder why apparently many others do.

Ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is offline   Reply With Quote
Old 01-24-2013, 04:40 PM   #30
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2006
Posts: 11,018
Quote:
Originally Posted by haha View Post
It interests me to see this thread. Ordinarily investors get turned on by rising prices. We have had essentially 4 years of rising prices. Why the bearishness? I don't have an opinion, but I wonder why apparently many others do.

Ha
Because we're a bunch of pessimistic, skeptical, risk averse, analytic, OCD navel gazers, that's why!

__________________
Meadbh is offline   Reply With Quote
Old 01-24-2013, 04:55 PM   #31
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,402
What a tragedy!

If the market stayed at the level before W2R rung the bell, I would have had a nice daily gain. As it is now, I am staring at a loss of $77. Was quite a bit worse earlier, but the market recovered some.

Dow was still up, but S&P closed flat, and my diversified portfolio tracked the S&P more closely than the Dow.
__________________
NW-Bound is offline   Reply With Quote
Old 01-24-2013, 04:56 PM   #32
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,096
Quote:
Originally Posted by Meadbh View Post
Because we're a bunch of pessimistic, skeptical, risk averse, analytic, OCD navel gazers, that's why!
'Cept me...
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 01-24-2013, 05:08 PM   #33
Full time employment: Posting here.
 
Join Date: Dec 2010
Posts: 572
Quote:
Originally Posted by REWahoo View Post
'Cept me...
What do you gaze at instead?
__________________
bondi688 is offline   Reply With Quote
Old 01-24-2013, 05:20 PM   #34
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,860
Quote:
Originally Posted by NW-Bound View Post
What a tragedy!

If the market stayed at the level before W2R rung the bell, I would have had a nice daily gain. As it is now, I am staring at a loss of $77. Was quite a bit worse earlier, but the market recovered some.

Dow was still up, but S&P closed flat, and my diversified portfolio tracked the S&P more closely than the Dow.
If you think THIS was bad, just wait....



As for me, today was another all time high. It's a little unnerving.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is offline   Reply With Quote
Old 01-24-2013, 05:21 PM   #35
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,096
Quote:
Originally Posted by bondi688 View Post
What do you gaze at instead?
I'm an Air Force gazer...
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 01-24-2013, 05:27 PM   #36
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 8,616
Quote:
Originally Posted by rembrandt View Post
The stock market has been going straight up lately. Does anybody think a correction is imminent, and when a good entry point would be? Thanks.
I'm LOL! because I don't think your definition of "straight up" or perhaps your definition of "lately" are the same as mine. That probably means you define "correction" and "imminent" differently as well.

I have all my money riding on "LOL!'s Market Timing Newsletter" and I follow that strictly without any deviation.
__________________
LOL! is offline   Reply With Quote
Old 01-24-2013, 05:48 PM   #37
Thinks s/he gets paid by the post
 
Join Date: Feb 2007
Posts: 1,905
Quote:
Originally Posted by NW-Bound View Post
What a tragedy!

If the market stayed at the level before W2R rung the bell, I would have had a nice daily gain. As it is now, I am staring at a loss of $77. Was quite a bit worse earlier, but the market recovered some.

Dow was still up, but S&P closed flat, and my diversified portfolio tracked the S&P more closely than the Dow.
Up about $2K. I guess most of my actively managed funds were honest when they said they buy value stocks. The only actively managed fund in my portfolio that was down today was Contra which owns a chunk of Apple stock.
__________________
ejman is offline   Reply With Quote
Old 01-24-2013, 05:55 PM   #38
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,402
The Dow 30 components tend to be dividend-paying stodgy companies and the opposite of the Nasdaq with growth stocks. The S&P is somewhere in the middle.

My portfolio does not really mirror the S&P, as it has higher concentrations of natural resource and industrial companies, in addition to many international stocks. Yet, on some days, it tracks the S&P reasonably close. I always find it interesting to watch from day to day.

PS. By the way, W2R has shown herself to be an evil sadist, despite the nice looking avatars that she used.
__________________
NW-Bound is offline   Reply With Quote
Old 01-24-2013, 06:03 PM   #39
Moderator
Ronstar's Avatar
 
Join Date: Aug 2007
Location: A little ways southwest of Chicago
Posts: 9,345
It has been a good run. I reallocated a week ago to more bonds and felt ok about until I read the "get crushed in bonds" thread.
__________________
Ronstar is offline   Reply With Quote
Old 01-24-2013, 06:07 PM   #40
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,860
Quote:
Originally Posted by NW-Bound View Post
PS. By the way, W2R has shown herself to be an evil sadist, despite the nice looking avatars that she used.
Who, me?

Here's an avatar that I used once, briefly. I admit, I was in a bit of a mood at the time.

__________________

__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


 

 
All times are GMT -6. The time now is 07:39 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.