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Tomorrow should be fun... the trade war is escalating
06-18-2018, 08:52 PM
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#1
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Full time employment: Posting here.
Join Date: Mar 2010
Posts: 889
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Tomorrow should be fun... the trade war is escalating
US Futures Plunge After Trump Calls For $200BN More In Chinese Tariffs, Beijing Vows To "Hit Back"
https://www.zerohedge.com/news/2018-...-tariffs-china
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06-18-2018, 09:04 PM
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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: Jun 2016
Location: Colorado
Posts: 8,971
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Just horrible. My portfolio is up YTD. Horrible. Yawn.
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06-18-2018, 09:10 PM
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#4
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,000
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Sigh...
__________________
Numbers is hard
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06-18-2018, 09:15 PM
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#5
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2005
Location: Northern IL
Posts: 26,806
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I don't worry about day to day. We will see.
-ERD50
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06-18-2018, 09:20 PM
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#6
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Thinks s/he gets paid by the post
Join Date: Jul 2009
Location: Miraflores,Peru
Posts: 1,992
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Same set up as today! I sold 100k $DJI when it crossed 25k last week. I will probably buy a bit tomorrow at the open and see how the week goes.
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06-18-2018, 09:33 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: Aug 2013
Location: Texas
Posts: 10,836
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Just another buying opportunity from my POV as this gets sorted out.
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06-18-2018, 09:35 PM
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#8
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Thinks s/he gets paid by the post
Join Date: May 2005
Location: Portland
Posts: 1,703
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Quote:
Originally Posted by Car-Guy
Just another buying opportunity from my POV.
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Can you get DJT to hold off one more day. That is the day my auto deposit goes in to Vangaurd. I would appreciate it
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06-18-2018, 09:40 PM
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#9
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2013
Location: Texas
Posts: 10,836
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Quote:
Originally Posted by Scrapr
Can you get DJT to hold off one more day. That is the day my auto deposit goes in to Vangaurd. I would appreciate it
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Not to worry, I suspect he's not done shaking things up yet!
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06-18-2018, 09:50 PM
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#10
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2004
Location: SW Ohio
Posts: 14,404
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If we can keep out of the political trenches, we enhance the chance for thread longevity and useful discussion.
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06-18-2018, 10:18 PM
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#11
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Thinks s/he gets paid by the post
Join Date: Feb 2013
Location: Toronto
Posts: 3,320
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You think that there could be useful discussion here? Market goes up, market goes down, market goes up....
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06-19-2018, 03:58 AM
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#12
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2011
Posts: 8,332
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Right. And monthly dividends payout next Friday at the usual amount.
I'm going out on my boat.
__________________
Living well is the best revenge!
Retired @ 52 in 2005
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06-19-2018, 07:36 AM
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#14
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2011
Posts: 8,332
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Quote:
Originally Posted by ESRwannabe
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Buy Buy Buy!!!
__________________
Living well is the best revenge!
Retired @ 52 in 2005
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06-19-2018, 07:41 AM
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#17
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Thinks s/he gets paid by the post
Join Date: Jul 2009
Location: Miraflores,Peru
Posts: 1,992
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Bought $50k (DIA) at the open!
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06-19-2018, 07:48 AM
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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: May 2013
Location: ATL --> Flyover Country
Posts: 6,649
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Lots of folks look like this is a "good" opportunity. Granted, I don't have crystal ball, but I don't see this as a great buying time. My gut sure tells me that this is just the beginning of a correction. I know, I know...trying to time the market is a fool's game. It just seems like the storm clouds are on the horizon and although we may not have to deal with a hurricane, I do think that something with gale force winds is a distinct possibility.
__________________
FIRE'd in 2014 @ 40 Years Old
Professional Retiree
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06-19-2018, 07:56 AM
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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: Mar 2011
Posts: 8,332
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Quote:
Originally Posted by ExFlyBoy5
Lots of folks look like this is a "good" opportunity. Granted, I don't have crystal ball, but I don't see this as a great buying time. My gut sure tells me that this is just the beginning of a correction. I know, I know...trying to time the market is a fool's game. It just seems like the storm clouds are on the horizon and although we may not have to deal with a hurricane, I do think that something with gale force winds is a distinct possibility.
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True.
But I think most folks here view this as just another downturn with an upturn somewhere in the wings.
I've mentioned here a few times lately that 2008 taught me that "the worst downturn since the Great Depression" wasn't the end of the world and if anything it has made me less concerned about these things.
What goes down must go up. Eventually.
Meanwhile, my dividends/interest keep coming in at their regular amounts and intervals; my NW may vary but my "paycheck" keeps coming in every month.
__________________
Living well is the best revenge!
Retired @ 52 in 2005
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06-19-2018, 08:00 AM
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#20
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Thinks s/he gets paid by the post
Join Date: Nov 2009
Location: SF East Bay
Posts: 4,321
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I've had some very time consuming personal issues come up in the last week. As a result, I have not been sitting around checking news and social media feeds, and have been almost completely out of the loop on the day to day news. While the events that caused this change of habits isn't good, the part that involves not being aware of the news is proving to be very, very enjoyable.
I had thought that continuing to check E-R.org occasionally would keep me "safe" from the news, but apparently not
Quote:
Originally Posted by marko
But I think most folks here view this as just another downturn with an upturn somewhere in the wings.
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Bingo!
__________________
Contentedly ER, with 3 furry friends (now, sadly, 1).
Planning my escape to the wide open spaces in my campervan (with my remaining kitty, of course!)
On a mission to become the world's second most boring man.
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