Dow futures are down 200+ points as of 10 am cst. Looks like we will be going over the cliff. I smell a buying opportunity and keeping my powder dry. Any thoughts?
Dow futures are down 200+ points as of 10 am cst. Looks like we will be going over the cliff. I smell a buying opportunity and keeping my powder dry. Any thoughts?
For those still accumulating, a nice 7,000 - 8,000 point dip would be good.I have a shopping list ready and DW's bonus to invest. Hopefully we get a nice dip.
Now...now, lets not get carried away. I was thinking more like a 10% correction.For those still accumulating, a nice 7,000 - 8,000 point dip would be good.
A good question! I always want to be in what will go up.Why aren't you at least in a bond fund that will go up?
Yeah-- stick to your asset allocation and only buy as much as you need to rebalance.I smell a buying opportunity and keeping my powder dry. Any thoughts?
Powder dry? Does that mean cash? Why aren't you at least in a bond fund that will go up? One can always exchange from a bond fund into an equity fund with a few clicks.
Or for the more brave, no shorts?
Yep, we started writing about this quite a few months ago:Yeah-- stick to your asset allocation and only buy as much as you need to rebalance.
That way you don't have to keep an eye out for every burp in the market. This one has not exactly sneaked up on us.
with 5%pt bands..
Hey, give him a break, the world looked a lot bleaker eight hours ago...Apparently, the OP miscommunicated futures:
U.S. Stock Futures Rise as Congress Works Toward Deal - Bloomberg