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10-10-2018, 06:29 PM
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#41
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Thinks s/he gets paid by the post
Join Date: Mar 2018
Posts: 3,507
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 Quote:
Originally Posted by aja8888
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!
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Yep. I bought a little bit today.
Earnings season starts on Friday. Should buoy the market.
__________________
Age is a very high price to pay for maturity.
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10-10-2018, 07:02 PM
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#42
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Thinks s/he gets paid by the post
Join Date: Jun 2013
Location: Bonita (San Diego)
Posts: 1,795
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Quote:
Originally Posted by Qs Laptop
Earnings season starts on Friday. Should buoy the market.
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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!
__________________
"So we beat to our own drummer in the sun;
We ask for nobody's permission to run.
I just wanna live in a world like that;
Now I'm gonna live in a world like that!" - World Like That, O.A.R.
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10-10-2018, 07:39 PM
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#43
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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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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.
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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10-10-2018, 08:00 PM
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#44
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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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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. 
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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10-10-2018, 08:04 PM
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#45
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Thinks s/he gets paid by the post
Join Date: Sep 2016
Location: Acworth
Posts: 1,214
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Quote:
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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10-10-2018, 08:46 PM
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#46
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Thinks s/he gets paid by the post
Join Date: Feb 2007
Location: Upstate
Posts: 2,951
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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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10-11-2018, 05:25 AM
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#47
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Gone but not forgotten
Join Date: Jul 2012
Location: Peru
Posts: 6,335
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6:30AM CT. Implied open DJIA -300. Thursday Oct. 11.
__________________
If you want others to be happy, practice compassion. If you want to be happy, practice compassion.
--Dalai Lama XIV
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10-11-2018, 05:37 AM
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#48
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Recycles dryer sheets
Join Date: Feb 2018
Posts: 145
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The part I’m just wondering is if this will be a 5-10% or 10%+ event.
__________________
Person who will often put his foot in his mouth and not realize it.
2020 or bust!
Or
Perhaps 2021...2022...NVM
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10-11-2018, 05:51 AM
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#49
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gone traveling
Join Date: Mar 2015
Posts: 3,508
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Quote:
Originally Posted by Fedup
Bonds went down stocks also went down. No place to hide.
Maybe the Fed is going crazy.
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Yup. That's what the President says.
I forget. Did the President praise the Fed when stocks were up?
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10-11-2018, 07:35 AM
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#50
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Sep 2005
Location: Northern IL
Posts: 26,892
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Quote:
Originally Posted by imoldernu
6:30AM CT. Implied open DJIA -300. Thursday Oct. 11.
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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.
-ERD50
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10-11-2018, 07:36 AM
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#51
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Sep 2005
Location: Northern IL
Posts: 26,892
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Quote:
Originally Posted by joeea
Yup. That's what the President says.
I forget. Did the President praise the Fed when stocks were up?
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Since you brought it up, why don't you research it before posting the question?
-ERD50
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10-11-2018, 07:55 AM
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#52
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Thinks s/he gets paid by the post
Join Date: Feb 2007
Location: Upstate
Posts: 2,951
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Quote:
Originally Posted by copyright1997reloaded
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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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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10-11-2018, 08:02 AM
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#53
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Thinks s/he gets paid by the post
Join Date: Mar 2014
Location: Southern Cal
Posts: 4,032
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Quote:
Originally Posted by copyright1997reloaded
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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10-11-2018, 08:03 AM
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#54
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Thinks s/he gets paid by the post
Join Date: Mar 2014
Location: Southern Cal
Posts: 4,032
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Quote:
Originally Posted by joeea
Yup. That's what the President says.
I forget. Did the President praise the Fed when stocks were up?
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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.
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10-11-2018, 08:04 AM
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#55
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gone traveling
Join Date: Mar 2015
Posts: 3,508
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Quote:
Originally Posted by ERD50
Since you brought it up, why don't you research it before posting the question?
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Actually, I didn't bring it up.
It was a reply to the individual who did bring it up.
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10-11-2018, 08:05 AM
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#56
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gone traveling
Join Date: Mar 2015
Posts: 3,508
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Quote:
Originally Posted by Fedup
I wouldn’t associate Powell with craziness.
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I agree. I suspect most folks would agree as well.
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10-11-2018, 08:31 AM
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#57
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Location: Syracuse
Posts: 3,502
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Quote:
Originally Posted by joeea
Yup. That's what the President says.
I forget. Did the President praise the Fed when stocks were up?
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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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10-11-2018, 08:42 AM
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#58
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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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Quote:
Originally Posted by Fedup
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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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?
__________________
Have Funds, Will Retire
...not doing anything of true substance...
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10-11-2018, 08:49 AM
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#59
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2003
Location: Florida's First Coast
Posts: 7,723
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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.
__________________
"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain
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10-11-2018, 08:56 AM
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#60
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Thinks s/he gets paid by the post
Join Date: Mar 2014
Location: Southern Cal
Posts: 4,032
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Quote:
Originally Posted by HFWR
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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Why I’m not surprised by your comment. Just rant and rant.
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