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Old 01-28-2014, 09:31 AM   #21
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I call the 2013 run up as the correction. This week is just noise.
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Old 01-28-2014, 09:34 AM   #22
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Market dips=buying opportunity.
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Old 01-28-2014, 10:05 AM   #23
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If you pay me enough, I will privately inform you where the market is going in the next few months.

Or you can buy it here for a more modest sum: Amazon.com : The Future by Lsbcal

Some of you think this is just a joke, but I take it very seriously and have all my money riding on this.
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Old 01-28-2014, 10:10 AM   #24
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Some of you think this is just a joke, but I take it very seriously and have all my money riding on this.
You have all your money riding on this board or that one?
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Old 01-28-2014, 10:10 AM   #25
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I'm going to go see this guy today:

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Old 01-28-2014, 10:11 AM   #26
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This morning I spent an hour in intense concentration as I tried to read the minds of the Fed Chair and the Central Bankers in Europe. Nothing but blank thoughts. So, I brought out my Crystal Ball, but it is cracked and the magical 'ether' inside has escaped. Finally, I decided to play my trump card and fired up my Time Machine. Alas, it is broken and the part it needs won't be made until 2347. So, I can't help answer the question.
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Old 01-28-2014, 10:13 AM   #27
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Market dips=buying opportunity.
But low, sell high. What a novel concept!
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Old 01-28-2014, 11:26 AM   #28
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I think I started a thread a few months ago about my first investment in bonds ever, and bonds crashed right after that. I bought my first home ever, a condo, in 2008, cash with no mortgage, at the very peak - still have not recovered from that. No more real estate for me.

And now this correction. This is yet again another piece of evidence that some of us, including myself, are just unlucky when it comes to investments, even if we don't try to time the market.

I bought at some of the highs before the crash in 2008. I was down over 37% in 2008 - more than the S&P500! - but I kept buying. I broke even sometime in 2010 and since then have done quite well. It's hard to see your principal take a hit, and of course there's no guarantee that it will come back, but historically it always has. I take comfort in that fact and my take is that if it doesn't come back, then sh*t's hit the fan and my portfolio value may not matter much.

Btw, if it's cheaper now, maybe it's a good time to buy more?
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Old 01-28-2014, 11:31 AM   #29
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I'm going to go see this guy today:

This guy just reminds me too much of Ming the Merciless, and you should know how that turned out.
http://static3.wikia.nocookie.net/__...-middleton.jpg
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Old 01-28-2014, 11:42 AM   #30
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You have all your money riding on this board or that one?
Definitely on that one. Now I'm a bit confused.
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Old 01-28-2014, 11:43 AM   #31
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This morning I spent an hour in intense concentration as I tried to read the minds of the Fed Chair and the Central Bankers in Europe. Nothing but blank thoughts. So, I brought out my Crystal Ball, but it is cracked and the magical 'ether' inside has escaped. Finally, I decided to play my trump card and fired up my Time Machine. Alas, it is broken and the part it needs won't be made until 2347. So, I can't help answer the question.
You have missed your calling as a novelist. I'm now waiting for the next installment.
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Old 01-28-2014, 11:52 AM   #32
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I live in the moment.

When in a bull market, I think about how much my net worth grows.

When in a bear market, I think about all the shares I'm getting.

I just DCA so no zig zagging around for me.

But I'll take the bait and look in my crystal ball and say since it's been about 5 years since the start of the great recession, we are due for a long correction, until the next election come around then it's go, go go
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Old 01-28-2014, 03:13 PM   #33
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just bought some more stocks on this dip. I'm calling it a short but tepid correction.

Aren't you glad I brought this all into discussion??
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Old 01-28-2014, 03:54 PM   #34
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Define long.
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Old 01-28-2014, 04:15 PM   #35
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I'm going to go see this guy today:

I DIY, I have my own crystal ball. And I'm keeping it to myself.
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Old 01-28-2014, 05:33 PM   #36
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Last few days have been interesting in the market. Don't see the start of a Bear market but wondering if this might be a sharp but short correction or one of a longer deeper magnitude?
Short and shallow one. But if it turns out to be a longer and deeper one, I see it as an opportunity to re-balance.
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Old 01-28-2014, 07:26 PM   #37
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I asked my son for his opinion on the stock market:

Travis Stock Market Show
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Old 01-28-2014, 07:51 PM   #38
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I bought $175k of SDY at the open this morning, so that is my stake in the ground. We'll see how it goes.
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Old 01-28-2014, 10:39 PM   #39
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I bought $175k of SDY at the open this morning, so that is my stake in the ground. We'll see how it goes.

Thanks for the warning...what's your track record lol
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Old 01-28-2014, 10:40 PM   #40
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Short one
At least I got a 50-50 chance

See I was right. Market up today.
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