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Old 08-14-2019, 11:07 AM   #1
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Current Market Aug 14

Just a place to post your thoughts on the current changing Stock market.

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Old 08-14-2019, 11:14 AM   #2
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A quote by Hedley Lamarr expresses my sentiment on the current markets: My mind is a raging torrent, flooded with rivulets of thought cascading into a waterfall of creative alternatives.
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Old 08-14-2019, 11:23 AM   #3
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Just another day. It'll be warmer today than yesterday, but not as hot as last week.

Edit: I did see that CNBC has added a "WATCH LIVE!!!" banner to the top of their page. Nothing better than seeing a train wreck LIVE!!!
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Old 08-14-2019, 11:24 AM   #4
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Stuff I wonder about.... random thoughts.

I'm watching the VIX.... 22.6.. when to worry?
Would like to know more about the bank ETF's.
What can the Fed do?
What about the China bounce?
What do you think may be triggers to watch?
Will the volatility continue?
Consumer Confidence... short term or long term?
Will what goes down... come up?
What do you see as strengths?

Or maybe it will all be over by tomorrow.
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Old 08-14-2019, 11:28 AM   #5
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Some thoughts...

Quote:
Originally Posted by imoldernu View Post
Stuff I wonder about.... random thoughts.

I'm watching the VIX.... 22... when to worry? Never
Would like to know more about the bank ETF's. Google
What can the Fed do? They don't know
What about the China bounce? Like a dead cat
What do you think may be triggers to watch? None. Life is too short
Will the volatility continue? Probably
Consumer Confidence... short term or long term? Yes, no, maybe
Will what goes down... come up? Yes. No.
What do you see as strengths? My ability to see the future

Or maybe it will all be over by tomorrow.
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Old 08-14-2019, 11:31 AM   #6
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Originally Posted by imoldernu View Post
Stuff I wonder about.... random thoughts.

I'm watching the VIX.... 22.6.. when to worry?
Would like to know more about the bank ETF's.
What can the Fed do?
What about the China bounce?
What do you think may be triggers to watch?
Will the volatility continue?
Consumer Confidence... short term or long term?
Will what goes down... come up?
What do you see as strengths?

Or maybe it will all be over by tomorrow.
I watch the VIX. At 24 or 25 it becomes interesting. Anything over 25 and that could be considered a time to buy the market. Over 30 definitely a time to buy. We have reached those levels only at some of the most fearful times in the market. I think we need a little more fear yet to put any cash to work. Your results may vary.
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Old 08-14-2019, 12:44 PM   #7
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I watch the VIX. At 24 or 25 it becomes interesting. Anything over 25 and that could be considered a time to buy the market. Over 30 definitely a time to buy. We have reached those levels only at some of the most fearful times in the market. I think we need a little more fear yet to put any cash to work. Your results may vary.
+1000

Probably the only thing I genuinely like about "interesting" market weeks like last week, and now this week so far, in terms of volatility, and even times like 1987, the early oughts, 2007-2008, etc, is that they are opportunities for me to first learn, and then confirm, that I have a high tolerance for such events, and find them rather stimulating, especially as I watch others panic. I do feel sorry for the, frankly financially rather dim, I'm sad to say, folks who use such events to sell, sell, sell, and then never return to the market until its so high they overcome their irrational fear, then lather (and quite a lather it is) rinse, repeat.
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Old 08-14-2019, 02:23 PM   #8
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It's all because of the person who had to make the Wheeeee post. He/she knew they shouldn't have done it, but went ahead and did it anyhow.
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Old 08-14-2019, 03:22 PM   #9
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I have stuff to do. The market has stuff to do. I have more patience than it does. We'll take a serious look at things at year-end like we always do. Probably that will not cause us to make any trades.

But the funny headlines are here again: "Extensive Selling Today" No mention of the fact that there was exactly as much buying.
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Old 08-14-2019, 03:26 PM   #10
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It's all because of the person who had to make the Wheeeee post. He/she knew they shouldn't have done it, but went ahead and did it anyhow.
What? I missed the "wheeee" post and my opportunity to SELL? Why didn't anyone TELL me?? I KNEW I shouldn't have gone out of town!
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Old 08-14-2019, 03:31 PM   #11
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system trading on an inverted yc, no biggie just a little volatility

volatility is volatile
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Old 08-14-2019, 03:40 PM   #12
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What? I missed the "wheeee" post and my opportunity to SELL? Why didn't anyone TELL me?? I KNEW I shouldn't have gone out of town!
I have retrieved...

Quote:
Originally Posted by W2R View Post
I am over my all time high as well, and patting myself on the back for not starting another Wheee!!! thread about it.

...
Quote:
Originally Posted by pb4uski View Post
OMG! W2R typed the dreaded W-word... we are DOOMED.
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Originally Posted by flintnational View Post
I have my computer set up to automatically move everything to cash when she mentions the "w" word.
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Originally Posted by gcgang View Post
https://businessnewspress.com/dow-ce...-fox-business/

Best June in 81 years for DJIA.

Wheeeeeeeeeeeeeeeeeeeee!!!
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Old 08-14-2019, 07:09 PM   #13
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Woo-hoo! I'm probably going to w*rk about 5 more years, so I'm happy to be able to snap up some bargains! (I'm actually kinda disappointed to see my NW drop, but hey, I have to find the upside in order to stay the course.)
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Old 08-14-2019, 07:17 PM   #14
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Woo-hoo! I'm probably going to w*rk about 5 more years, so I'm happy to be able to snap up some bargains! (I'm actually kinda disappointed to see my NW drop, but hey, I have to find the upside in order to stay the course.)
You have the right attitude. I always had to laugh at the 30-40 yo's at work who thought it was GREAT that the market was going up, and TERRIBLE when it tanked. I would keep telling them, they have it BACKWARDS for them. A few finally caught on. Not that they could do anything about the market.
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Old 08-14-2019, 08:04 PM   #15
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It's all because of the person who had to make the Wheeeee post. He/she knew they shouldn't have done it, but went ahead and did it anyhow.
I *may have posted a pic of a family having a bunch of fun on a roller coaster...with the caption something like "hang on kiddos!"

I didn't sell though, all I do is buy. Talk to me in about 12 years when I switch to passive income lol.
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Old 08-14-2019, 08:05 PM   #16
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Woo-hoo! I'm probably going to w*rk about 5 more years, so I'm happy to be able to snap up some bargains! (I'm actually kinda disappointed to see my NW drop, but hey, I have to find the upside in order to stay the course.)
It makes that bounce/rebound that much more entertaining. Especially if you are in 100% equities high growth like me hahaha.
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The bloody Wednesday of '19
Old 08-14-2019, 08:07 PM   #17
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The bloody Wednesday of '19

Quote:
Originally Posted by CardsFan View Post
You have the right attitude. I always had to laugh at the 30-40 yo's at work who thought it was GREAT that the market was going up, and TERRIBLE when it tanked. I would keep telling them, they have it BACKWARDS for them. A few finally caught on. Not that they could do anything about the market.
I just told my co-worker today that if we see another correction like we had earlier it's just another opportunity for me to buy. I told him I will be buying tomorrow anyways...

He looked at me and said "Oh what are you buying, you have dry powder (in other terms)" I said no, tomorrow is the 15th, we get paid, I contribute to our 401k. He had a suuuper puzzled look on his face. I didn't really know what to say so I sort of slowly retreated.
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FIRE in 2031 @ 50yrs old (+/- 2yrs) w/ a hypothetical $2.5mil portfolio, 3 appreciated homes worth $1.0mil and rental income to fund my gap years until RMD. Assets will go to an inherited IRA where I plan on watching the investments grow until I die or the trust gets executed.
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Old 08-14-2019, 08:17 PM   #18
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I *may have posted a pic of a family having a bunch of fun on a roller coaster...with the caption something like "hang on kiddos!"

I didn't sell though, all I do is buy. Talk to me in about 12 years when I switch to passive income lol.
Found it.

Scary boots ... images for current market

Scary images for current market a few days back lol!

http://www.early-retirement.org/foru...1&d=1565105640
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FIRE in 2031 @ 50yrs old (+/- 2yrs) w/ a hypothetical $2.5mil portfolio, 3 appreciated homes worth $1.0mil and rental income to fund my gap years until RMD. Assets will go to an inherited IRA where I plan on watching the investments grow until I die or the trust gets executed.
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Old 08-14-2019, 08:56 PM   #19
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Know it's boring, but I remain happy with my AA. I like boring.

I have to admit it was interesting when the numbers got goofy the other day with the software snafu regarding Wellsely and Wellington... The first time I checked I had lost a ton. The 2nd time I checked I was up about 78 Million. Really, that's what it said. By the time they figured it out I was down a wee bit, nothing to excite me after a long run-up...

So...steady as she goes. I expect stormy seas ahead. At some point. In the future. I like my AA...
Carry on my wayward son.
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Old 08-14-2019, 09:12 PM   #20
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I think the "Wheeee Girl" had knee surgery today. If she is saying the "W" word tonight, it's probably the painkillers...
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