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Old 10-10-2018, 07:29 PM   #41
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Let's see....the economy is strong, unemployment is at an all time low, restaurants are full every night (around here, anyway), shoppers are all in the stores, etc.

Buy the Dip!
Yep. I bought a little bit today.

Earnings season starts on Friday. Should buoy the market.
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Old 10-10-2018, 08:02 PM   #42
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Earnings season starts on Friday. Should buoy the market.





I need about two more weeks of negative nellies so I can get a big bump of cash... QUICK! Someone spread the rumor that TSLA is going to drag the entire US economy into the muck or something!
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Old 10-10-2018, 08:39 PM   #43
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Buy, buy, buy?

CAPE 10 is still at around 31.6. Should we not wait until it is down to the historical average of about 17 or so?

That would be the Dow at 13,800. Only another 11,900 points to go.
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Old 10-10-2018, 09:00 PM   #44
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I just remember something.

If the market drops to average CAPE10 and I maintain my living standard, my WR of 2.6% will become 4.8%.

Hurrah! I will be considered a splurging spendthrift, and no longer a miser.

Er, lemme compute what my WR will be if I take SS early. No more waiting till 70.
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Old 10-10-2018, 09:04 PM   #45
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You were right for about 15 minutes...
Correction came out 100 points...

Probably caused hundreds of heart attacks.
Currently the e-mini S&P 500 futures are down a little shy of 1% additional drop in after-hours trading. With ~ 6 years to go before I'm looking to retire, I'm looking forward to the "FIRE" sale that seems to be happening in this October.
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Old 10-10-2018, 09:46 PM   #46
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Hoping for a big whoosh DOWN on the opening, followed by a rebound. That will be the time to buy (at least on the short run).

-800 points on the dow today but up around $450K that since 11/7/2016 including the down draft today. So, all in all, I will take it any day of the week. After all, the night of the election was when the world and our economy was supposed to come to an end.
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Old 10-11-2018, 06:25 AM   #47
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6:30AM CT. Implied open DJIA -300. Thursday Oct. 11.
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Old 10-11-2018, 06:37 AM   #48
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The part I’m just wondering is if this will be a 5-10% or 10%+ event.
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Old 10-11-2018, 06:51 AM   #49
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Bonds went down stocks also went down. No place to hide.
Maybe the Fed is going crazy.
Yup. That's what the President says.

I forget. Did the President praise the Fed when stocks were up?
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Old 10-11-2018, 08:35 AM   #50
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6:30AM CT. Implied open DJIA -300. Thursday Oct. 11.
You need to look long term. You are focused on the day to day, now minute-by-minute pre-market? DOW now down less than ~0.3%.

I never follow DOW anyhow - just 30 stocks? S&P a better measure, and it is just about the same right now.

Relax.

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Old 10-11-2018, 08:36 AM   #51
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Yup. That's what the President says.

I forget. Did the President praise the Fed when stocks were up?
Since you brought it up, why don't you research it before posting the question?

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Old 10-11-2018, 08:55 AM   #52
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Hoping for a big whoosh DOWN on the opening, followed by a rebound. That will be the time to buy (at least on the short run).

-800 points on the dow today but up around $450K that since 11/7/2016 including the down draft today. So, all in all, I will take it any day of the week. After all, the night of the election was when the world and our economy was supposed to come to an end.
Quoting my own post here. Unfortunately, we did not get the big down on the open. Instead we have some buying on the open. I think this will fail and we head further down. However, 2-year is down today so if they stabilize here for a while that is a positive.

In other words, I have no idea and I am sitting on my hands here, other than looking for things that I might eventually want to buy.
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Old 10-11-2018, 09:02 AM   #53
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Quoting my own post here. Unfortunately, we did not get the big down on the open. Instead we have some buying on the open. I think this will fail and we head further down. However, 2-year is down today so if they stabilize here for a while that is a positive.

In other words, I have no idea and I am sitting on my hands here, other than looking for things that I might eventually want to buy.
I took a bit of nibbling today. I have no idea, it will be down or not, but it’s lower than when I sold this year.
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Old 10-11-2018, 09:03 AM   #54
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Yup. That's what the President says.

I forget. Did the President praise the Fed when stocks were up?
I wouldn’t associate Powell with craziness.( Hint, Christine Laggard).
It was a sort of joke on my part to echo what I hear on CNBC on this thread.
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Old 10-11-2018, 09:04 AM   #55
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Since you brought it up, why don't you research it before posting the question?
Actually, I didn't bring it up.
It was a reply to the individual who did bring it up.
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Old 10-11-2018, 09:05 AM   #56
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I wouldn’t associate Powell with craziness.
I agree. I suspect most folks would agree as well.
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Old 10-11-2018, 09:31 AM   #57
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Yup. That's what the President says.

I forget. Did the President praise the Fed when stocks were up?
Politicians take credit when things go right, blame others when things go wrong.
As sound a rule as gravity.

Mad at myself, this thread made me look at my Fido account. Promised myself to only look when I need to look, not when news pops up. Luckily nothing to worry about.....yet.
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Old 10-11-2018, 09:42 AM   #58
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I wouldn’t associate Powell with craziness.( Hint, Christine Laggard).

It was a sort of joke on my part to echo what I hear on CNBC on this thread.

CNBC’s talking heads need to start wearing cheerleader outfits. Apparently POTUS has pictures of them with transvestite clowns or something....

Loose money, loose regulations, loose lending, augmented by ballooning deficits and a trade war; what could go wrong?
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Old 10-11-2018, 09:49 AM   #59
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I predict the market will pull back 40% in October/November...… or not. What I am trying to say is that there is no consequence in making any kind of prediction. I have read so many articles in the last 6 months about how in XYZ month the market will crash because of... you name it, stock buybacks, tariffs, interest rates.. blah blah blah.

It is so sad because there is no consequence anymore, one can miss-predict, speculate incorrectly and outright lie and there is no ramification. Oops, sorry I was wrong or even silence is perfectly acceptable till the next Miss-prediction is offered.
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Old 10-11-2018, 09:56 AM   #60
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CNBC’s talking heads need to start wearing cheerleader outfits. Apparently POTUS has pictures of them with transvestite clowns or something....

Loose money, loose regulations, loose lending, augmented by ballooning deficits and a trade war; what could go wrong?
Why I’m not surprised by your comment. Just rant and rant.
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