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Old 11-02-2014, 01:41 PM   #41
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I did nothing and am glad.

Do you think the speed of corrections is shortened these days as a result of all of the computerized trading programs the big guys use? Face it the retail investor is not moving markets, it's the big boys and there computers. Maybe as a result corrections will be quicker than what we have seen in the past?
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Old 11-02-2014, 02:29 PM   #42
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Originally Posted by Aeowyn View Post
To take the edge off market volatility, I like to look at the lowest value my portfolio has been in the last 18 months (this includes contributions - withdrawals + growth).
Thanks for posting this. Nice way to smooth volatility and gives me food for thought.
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Old 11-02-2014, 06:03 PM   #43
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I took some S&P gains and transferred the money to bonds.
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Old 11-02-2014, 06:09 PM   #44
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I did nothing and am glad.

Do you think the speed of corrections is shortened these days as a result of all of the computerized trading programs the big guys use? Face it the retail investor is not moving markets, it's the big boys and there computers. Maybe as a result corrections will be quicker than what we have seen in the past?
No. What drove the correction had nothing to do with computerized trading. It was big guy (oil price) trades gone bad which forced them to sell a lot of other things to cover, topped with a little ebola panic. Then when the big guys were done selling, in the absence of sellers it popped right back up.

Computerized trading glitches cause flash crashes, and those are more likely to occur during a correction, but they don't drive the speed of corrections.
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Old 11-03-2014, 07:40 AM   #45
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I'm now a few % above the previous high in my index tracking account, in euro's though.

This correction lasted shorter than my mother's vacation. Guess she'll have a merry christmas when she's back in a few weeks.
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Old 11-04-2014, 12:44 PM   #46
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I really don't know if this last market downturn meets the strict definition of a correction or not but the turnaround sure was fast. Glad I don't get too emotional about the market moving either way.

Did anyone make/lose any money in the last couple of weeks ?
I made some money - bought equities on 10/15 even though my AA was still fine. I'll be selling them in a couple weeks, assuming markets don't tank again.

That makes me 2 for 2 on market timing this year (also bought on Feb 3rd). Maybe I should quit my job and become a trader.
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Old 11-06-2014, 06:01 PM   #47
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Anyone who doubts the correction is over - new closing highs yesterday and today, new intraday highs too. If we "correct" from here, it will be a completely separate one!

This happened way too fast for me to do anything.
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Old 11-08-2014, 06:06 PM   #48
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Did anyone make/lose any money in the last couple of weeks ?
Not me. CD's pay 1%, everyone is worried about the "bond bubble", and governments are printing money like crazy. That is all good news for stocks.
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Old 11-09-2014, 09:00 AM   #49
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I've read that 2-3% is just ripple or minor waves, 10% is expected, every now and then, and 20% is a real correction. Well, 30-35% drop is a bad one especially for a retired person."

In the long term a bad correction may be followed by a "bear market".
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Old 11-09-2014, 09:42 PM   #50
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I heard it wasn't a correction at all. Just a return to volatility that we had been absent from for an extended period.


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Old 11-09-2014, 10:25 PM   #51
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Except for a few good stocks which I've neglected to sell - and (I didn't watch the Saint's lose in overtime), pretty much 'hurry up just stand there' - like a good Boglehead.

Went Target Retirement 2015 in 2006 so I don't even watch that much anymore. My Pals the computers at Vanguard rebalance and my Buds at the IRS take out the RMD every Jan leaving me a balance in MM after taxes.

heh heh heh - If mad money piles up in MM after RMD a few good stocks or a sport's car or ?
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Old 11-10-2014, 07:53 AM   #52
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I did nothing... I switched a few non-performing stocks to my index ETFs, but that is just normal allocation stuff.

I have went to many trading schools. InvestTools, Online Trading Academy, Ino.com, etc. I have watched more videos and studied more charts than one could even imagine. Candle stick patterns, Bollinger bands, Elliot Wave Theory, etc. I have played with options. I have used Sink or Swim, TradeStation, and Fidelity and tried a few others.

I found my 401K out performed my individual accounts, year after year. I could not 'monkey around' with my 401K like I could my individual account. If I would have just stayed the course, that I set out in my 30s rather than tinker, I would be already RE by now.
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Old 11-10-2014, 09:01 AM   #53
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I heard it wasn't a correction at all. Just a return to volatility that we had been absent from for an extended period.


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Uh, no, I don't think it can be dismissed as such. Even during the much higher volatility of 2011 and 2012, we still didn't manage a sell off of more than 7% since 2009. 10% this year (well, 9.9%) is significant.
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Old 11-10-2014, 09:20 AM   #54
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Except for a few good stocks which I've neglected to sell - and (I didn't watch the Saint's lose in overtime), pretty much 'hurry up just stand there' - like a good Boglehead.

Went Target Retirement 2015 in 2006 so I don't even watch that much anymore. My Pals the computers at Vanguard rebalance and my Buds at the IRS take out the RMD every Jan leaving me a balance in MM after taxes.

heh heh heh - If mad money piles up in MM after RMD a few good stocks or a sport's car or ?
I think you should get a sports car if you want one!
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Was that the quickest correction or what ?
Old 11-10-2014, 09:51 PM   #55
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Was that the quickest correction or what ?

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Uh, no, I don't think it can be dismissed as such. Even during the much higher volatility of 2011 and 2012, we still didn't manage a sell off of more than 7% since 2009. 10% this year (well, 9.9%) is significant.

A true correction is a decline of at least ten percent, and usually more over a time period of no more than two months and often of shorter duration. So when did that happen this year?? I still am at an overall gain this year so thats no where near a market correction. Thats just volatility. I have pretty good long term memory, so this is nothing new. Its the old normal actually. We might be seeing a correction down the road, but that was no correction.


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Old 11-10-2014, 10:14 PM   #56
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A true correction is a decline of at least ten percent, and usually more over a time period of no more than two months and often of shorter duration. So when did that happen this year?? I still am at an overall gain this year so thats no where near a market correction. Thats just volatility. I have pretty good long term memory, so this is nothing new. Its the old normal actually. We might be seeing a correction down the road, but that was no correction.


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9.9% is close enough to 10%. It just happened in Sept and October. We already recovered, that's why you aren't down for the year.

Did you check your portfolio on Oct 14?
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Old 11-10-2014, 10:44 PM   #57
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Was not 10% drop. The drop occurred on Oct 8 and Oct 16 it started to regain. The drop was less than 6%(closer to 5%) on the S&P. You a looking at the swing between the lowest and highest so far from the drop until now. That's not what you look at. It's the overall drop from the value of the market the day before the downturn started until it bounced back to where it was.


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