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02-17-2016, 08:40 AM
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#1
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Thinks s/he gets paid by the post
Join Date: Mar 2010
Location: Chicago
Posts: 1,154
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wheeeeeee
Can I get a small.......wheeee.....from W2R......S and P 500 up 100 points since Friday.
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02-17-2016, 08:45 AM
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#2
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
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Beat you to the punch!
http://www.early-retirement.org/foru...ml#post1698077
I didn't quite utter the "W" word, but I love it when the market acts like this!  
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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02-17-2016, 08:52 AM
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#3
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,140
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We're not even above 2000 let along getting back above 2100.
Can't believe you folks are already partying!
I suspect someone is short the market and trying to invoke a W2R special downdraft!
__________________
Retired since summer 1999.
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02-17-2016, 09:08 AM
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#4
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Thinks s/he gets paid by the post
Join Date: Mar 2010
Location: Chicago
Posts: 1,154
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 Quote:
Originally Posted by W2R
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Thanks, Lady Luck
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02-17-2016, 09:17 AM
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#5
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
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I know it's evanescent and just on paper, but since last Thursday I have already made so much in my investment accounts.
How much? Almost 1/2 my annual take-home pay during my last year of work! You can't beat that with a stick, as the saying goes.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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02-17-2016, 02:57 PM
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#6
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gone traveling
Join Date: Feb 2016
Posts: 34
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Wheeeeeee
Sent from my iPhone using Early Retirement Forum
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02-17-2016, 03:08 PM
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#7
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,140
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Quote:
I guess you haven't looked at how much you "lost" since last July?
__________________
Retired since summer 1999.
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02-17-2016, 03:14 PM
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#8
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
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Quote:
Originally Posted by audreyh1
I guess you haven't looked at how much you "lost" since last July?
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Ha ha!! I'd rather not. Although, in July I had paid for my dream home in cash (closed on June 26th), but hadn't yet deposited the cash from selling my old home (closed on August 20th). So, compared with July, my portfolio probably looks better than most.
Now, comparing with April 24th (my personal all time high portfolio), I lost over 4x my annual take-home pay. I'll just not think about that right now....
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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02-17-2016, 04:00 PM
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#9
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Thinks s/he gets paid by the post
Join Date: Feb 2012
Posts: 1,495
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I do believe there's a lesson here though. For those who panicked last week and dropped out they missed some of (what may be a temporary) the recovery. The other lesson is that while it does seem possible to foresee doom and the need to cut back (equities) it's really hard to tell when to "get back in." Didn't see a lot of folks screaming late last week it was time to return to the trough. Yeah, yeah I know, it can turn right around and continue its oil/China fueled decline, but that's just the point.
IOW, it's nice to see the minor recovery but I'll just stay right where I was. And go, "Hmmm. Whee!" And know it can all do a U-Turn!
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02-17-2016, 04:30 PM
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#10
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gone traveling
Join Date: Sep 2003
Location: DFW
Posts: 7,586
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Its very dangerous to be uttering that word, especially when on thin ice. I bet tomorrow or the next day, we will probably hear Whoaaaaa!
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02-17-2016, 04:33 PM
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#11
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2011
Posts: 8,411
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Where is that guy on this forum last week who was predicting a major crash "as soon as next (this) week"?
Maybe. But likely not this week.
__________________
Living well is the best revenge!
Retired @ 52 in 2005
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02-17-2016, 04:43 PM
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#12
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Administrator
Join Date: Apr 2006
Posts: 23,037
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Use of that word with a "w", an "h" and several "e"s should constitute grounds for an immediate ban from the board.
__________________
Living an analog life in the Digital Age.
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02-17-2016, 05:00 PM
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#13
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Nov 2007
Posts: 7,746
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Wait, the market was down? And now it's up?
__________________
Retired in 2013 at age 33. Keeping busy reading, blogging, relaxing, gaming, and enjoying the outdoors with my wife and 3 kids (8, 13, and 15).
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02-17-2016, 05:18 PM
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#14
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Thinks s/he gets paid by the post
Join Date: Jan 2006
Posts: 4,172
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Quote:
Originally Posted by Gumby
Use of that word with a "w", an "h" and several "e"s should constitute grounds for an immediate ban from the board.
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......no! I had one more TLH to do but had other duties so didn't get it done.
What is the track record of the "w" word ..........my stereotypical view was that it was considered a curse on a rising market but I don't have data.......some would welcome it but maybe it's no better than a flip of a coin. Will the responsible party please defend her record  (w/ data).
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02-17-2016, 06:06 PM
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#15
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Full time employment: Posting here.
Join Date: Sep 2014
Posts: 645
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Quote:
Originally Posted by Frankie1926
Wheeeeeee
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I never liked roller coasters (found out I have Meniere's, a type of vertigo), so I never shout Wheee with ups and downs. With our 15 year old incontinent dog, DW shouts "wee" when she steps in a wet spot in the playroom! 
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02-17-2016, 06:59 PM
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#16
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
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Quote:
Originally Posted by Gumby
Use of that word with a "w", an "h" and several "e"s should constitute grounds for an immediate ban from the board.
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With one exception, please!
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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02-17-2016, 07:00 PM
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#17
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
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Quote:
Originally Posted by kaneohe
......no! I had one more TLH to do but had other duties so didn't get it done.
What is the track record of the "w" word ..........my stereotypical view was that it was considered a curse on a rising market but I don't have data.......some would welcome it but maybe it's no better than a flip of a coin. Will the responsible party please defend her record (w/ data). |
My track record has been terrible! Except for the first time I screamed it, back in the fall of 2007... http://www.early-retirement.org/foru...hee-30317.html
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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02-17-2016, 08:10 PM
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#18
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
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Quote:
Originally Posted by H2ODude
The other lesson is that while it does seem possible to foresee doom and the need to cut back (equities) it's really hard to tell when to "get back in."
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Many people say this, but I believe it comes from a-perfectionist definition of the problem. If on the other hand someone defines the task as only investing at a PE10 level that has in the past data been associated with attractive long term returns, there is no problem. Yet that rule would have likely kept the investor out of many recent markets, so if he is bench-marking he is not going to like it..
Ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
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02-17-2016, 08:15 PM
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#19
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,140
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Quote:
Originally Posted by W2R
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Wow - your timing on that was spectacular! You hit the S&P500 peak on the day! Then the biggest selloff and bear market I've seen in my (adult) lifetime.
Was that your very first Wheeeee?
__________________
Retired since summer 1999.
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02-17-2016, 08:23 PM
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#20
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
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Quote:
Originally Posted by audreyh1
Wow - your timing on that was spectacular! You hit the S&P500 peak on the day! Then the biggest selloff and bear market I've seen in my (adult) lifetime.
Was that your very first Wheeeee?
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Yes. 
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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