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01-24-2013, 10:38 AM
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#1
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Recycles dryer sheets
Join Date: Aug 2012
Posts: 61
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Correction Imminent?
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.
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01-24-2013, 10:42 AM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2003
Posts: 18,085
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Yep, equities look exactly like the Venezuelan beaver cheese futures market right before it crashed. Be afraid, very afraid.
__________________
"All animals are equal, but some animals are more equal than others."
- George Orwell
Ezekiel 23:20
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01-24-2013, 10:47 AM
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#3
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Thinks s/he gets paid by the post
Join Date: Mar 2005
Posts: 2,594
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Thank-you for not asking about an EXIT point ...
__________________
FIRE'd since 2005
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01-24-2013, 10:51 AM
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#4
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,003
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I'd suggest the best entry point is at the bottom - but I don't think we're there just yet...
__________________
Numbers is hard
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01-24-2013, 10:53 AM
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#5
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,472
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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!
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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01-24-2013, 10:53 AM
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#6
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
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__________________
Have Funds, Will Retire
...not doing anything of true substance...
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01-24-2013, 10:53 AM
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#7
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 21,201
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Quote:
Originally Posted by W2R
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Uh-oh, that's the sell signal!!!
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 50% equity funds / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)
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01-24-2013, 10:56 AM
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#8
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Recycles dryer sheets
Join Date: Jan 2013
Location: Camas, WA
Posts: 96
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Quote:
Originally Posted by Midpack
Uh-oh, that's the sell signal!!!
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Exactly!
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01-24-2013, 10:57 AM
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#9
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Recycles dryer sheets
Join Date: Aug 2012
Posts: 61
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Imminent- within 3-6 months.
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01-24-2013, 11:04 AM
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#10
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Thinks s/he gets paid by the post
Join Date: Nov 2011
Posts: 3,876
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If not stocks, where do we put all this printed money?
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01-24-2013, 11:08 AM
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#11
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Moderator
Join Date: Feb 2010
Location: Flyover country
Posts: 25,198
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Quote:
Originally Posted by GrayHare
If not stocks, where do we put all this printed money?
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Forex?
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01-24-2013, 11:13 AM
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#12
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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You asked for imminent, you've got imminent.
Quote:
Originally Posted by W2R
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01-24-2013, 11:15 AM
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#13
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Thinks s/he gets paid by the post
Join Date: Oct 2010
Posts: 2,464
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Quote:
Oh, no Mr Bill.
__________________
For me experiences are not good or bad, just different
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01-24-2013, 11:15 AM
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#14
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,003
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Uh oh. We've been wheeed on...
__________________
Numbers is hard
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01-24-2013, 11:17 AM
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#15
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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The Dow has dropped to 13,818 from the day's high of 13,880. Here we go!
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01-24-2013, 11:30 AM
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#16
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Thinks s/he gets paid by the post
Join Date: May 2011
Location: St. Paul
Posts: 1,847
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Party Poopers!
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01-24-2013, 11:33 AM
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#17
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Thinks s/he gets paid by the post
Join Date: Nov 2009
Location: SF East Bay
Posts: 4,323
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No, no, no. It must continue! I'm actually starting to feel somewhat wealthy (at least by my modest standards).
__________________
Contentedly ER, with 3 furry friends (now, sadly, 1).
Planning my escape to the wide open spaces in my campervan (with my remaining kitty, of course!)
On a mission to become the world's second most boring man.
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01-24-2013, 11:49 AM
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#18
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Recycles dryer sheets
Join Date: Jan 2013
Posts: 162
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Good entry point? March 2009 with the Dow around 6500. More current times? Who the heck knows.
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01-24-2013, 11:54 AM
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#19
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,002
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Quote:
Well, I must admit you showed quite a bit of restraint this time!
Thanks for waiting to party until well after the first week of the year.
__________________
Retired since summer 1999.
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01-24-2013, 12:07 PM
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#20
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Thinks s/he gets paid by the post
Join Date: Feb 2007
Posts: 2,525
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Did you all notice that the peak of the market corresponded EXACTLY to the time W2R posted her Wheee....!!!! comment. Down almost 80 points since that very instant. I stand in awe of W2R's power to dominate the markets...
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