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View Poll Results: Will the Market be UP or Down at the Close Monday 12-24-2018?
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Up
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11 |
12.50% |
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Down
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55 |
62.50% |
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No Real Change From Friday
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22 |
25.00% |
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12-24-2018, 07:50 AM
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#41
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Thinks s/he gets paid by the post
Join Date: Mar 2009
Posts: 2,985
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Dang. Just got a Fido text alert - ITOT new 52 week low. I wasn't going to look but forgot to shut off the phone.
__________________
Took SS at 62 and hope I live long enough to regret the decision.
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12-24-2018, 08:16 AM
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#42
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2003
Location: Florida's First Coast
Posts: 7,723
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Well I was wrong! I thought it would jump at the open then slide into oblivion.....
__________________
"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain
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12-24-2018, 08:27 AM
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#43
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Recycles dryer sheets
Join Date: May 2013
Posts: 327
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 Quote:
Originally Posted by njhowie
Will trade in 21,000s today.
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Almost there as I post this....
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12-24-2018, 09:50 AM
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#44
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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: 38,145
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Just got to the 21,000s!
__________________
Retired since summer 1999.
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12-24-2018, 09:55 AM
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#45
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2006
Location: Boise
Posts: 7,882
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I put in an order last night to rebalance from bonds to stocks. It's a Vanguard mutual fund trade, so it will execute at the close today. Maybe I'll need to rebalance again tomorrow. :-)
__________________
"At times the world can seem an unfriendly and sinister place, but believe us when we say there is much more good in it than bad. All you have to do is look hard enough, and what might seem to be a series of unfortunate events, may in fact be the first steps of a journey." Violet Baudelaire.
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12-24-2018, 09:56 AM
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#46
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Thinks s/he gets paid by the post
Join Date: Mar 2012
Posts: 3,931
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Quote:
Originally Posted by SecondCor521
I put in an order last night to rebalance from bonds to stocks. It's a Vanguard mutual fund trade, so it will execute at the close today. Maybe I'll need to rebalance again tomorrow. :-)
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Wednesday
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12-24-2018, 09:57 AM
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#47
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2003
Location: Florida's First Coast
Posts: 7,723
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Quote:
Originally Posted by SecondCor521
I put in an order last night to rebalance from bonds to stocks. It's a Vanguard mutual fund trade, so it will execute at the close today. Maybe I'll need to rebalance again tomorrow. :-)
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You mean the 26th.
__________________
"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain
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Will the Market be UP or Down at the Close Monday 12-24-2018?
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12-24-2018, 10:14 AM
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#48
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2004
Location: Laurel, MD
Posts: 8,327
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Will the Market be UP or Down at the Close Monday 12-24-2018?
Quote:
Originally Posted by ShokWaveRider
Well I was wrong! I thought it would jump at the open then slide into oblivion.....
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Yup. That’s what I expected also, but we got the close right.
Edit: oh wait. I thought it was closed at -420 but now see it’s -500 with 35 min to go.
__________________
...with no reasonable expectation for ER, I'm just here auditing the AP class.Retired 8/1/15.
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12-24-2018, 10:25 AM
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#49
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Thinks s/he gets paid by the post
Join Date: Sep 2011
Location: Placerville
Posts: 1,788
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Is DOW really gonna drop 8% in 3 trading days?! 15% in the past 3 weeks?!
I bet there's a lot of novice investors out there thinking saving for retirement means funding someone else's retirement as they see their accounts drop for probably the first time ever.
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12-24-2018, 10:33 AM
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#50
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Give me a museum and I'll fill it. (Picasso)
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Join Date: Jun 2008
Posts: 13,147
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Maybe poll should have been phrased "How much will the market be down by on Christmas Eve?" 
__________________
Have you ever seen a headstone with these words
"If only I had spent more time at work" ... from "Busy Man" sung by Billy Ray Cyrus
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12-24-2018, 10:49 AM
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#51
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gone traveling
Join Date: Aug 2006
Posts: 994
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.
FOX Business news said this is the worst December since 1931.
But, a down market also means tax write-offs.
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12-24-2018, 11:07 AM
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#52
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2003
Location: Florida's First Coast
Posts: 7,723
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-653, -65.5, -140 Ouch!
__________________
"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain
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12-24-2018, 11:12 AM
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#53
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gone traveling
Join Date: Aug 2006
Posts: 994
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.
Good thing it closed early for Christmas eve.
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12-24-2018, 11:13 AM
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#54
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Thinks s/he gets paid by the post
Join Date: Dec 2015
Posts: 2,232
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Quote:
Originally Posted by SecondCor521
I put in an order last night to rebalance from bonds to stocks. It's a Vanguard mutual fund trade, so it will execute at the close today. Maybe I'll need to rebalance again tomorrow. :-)
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Yeah, me too. We got our stuff even cheaper than we thought. I've used most of my dry powder until some CDs mature in April. Hopefully I won't need it.
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12-24-2018, 11:14 AM
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#55
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2003
Location: Florida's First Coast
Posts: 7,723
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Should we dare to predict Wednesday? I think up, but I could be wrong again... I am sure a lot of buys were triggered today.
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"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain
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12-24-2018, 11:14 AM
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#56
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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: 38,145
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Well I was wrong! That was a very spectacular sell-off.
I started my rebalancing today - partial. I just have so much to buy into equities decided to do some this year at least to make up for lots of paid out distributions.
__________________
Retired since summer 1999.
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12-24-2018, 11:24 AM
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#57
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Moderator Emeritus
Join Date: Apr 2011
Location: Conroe, Texas
Posts: 18,731
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Well, that was "FUN"!
But I did what I planned and continued my liquidation of equities over the last two weeks. Early today I dumped my remaining ETF's and one MF at VG. I also dumped one ETF and individual stock in my Schwab account. This was all in the scope of freeing up cash for whenever this market drop decides to reverse.
At or near that point, i will buy back in an get my equities up to 30%. At my age, I must view our remaining years as ones for capital preservation. Since we have been taking RMD's for 5+ years, we need to minimize risks.
Honestly, this to me looks like an engineered selloff that may take a few years to reverse given the state of the issues here in the U.S. and abroad.
__________________
*********Go Yankees!*********
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12-24-2018, 11:29 AM
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#58
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
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I was SO wrong.  I thought it would stay the same today.
OK, well, we have been expecting this for at least 9 years so by now we are surely ready for it. I even had this new avatar prepared for this eventuality. 
I'm still not rebalancing until after the new year. The market might go down even further between now and then.
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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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12-24-2018, 11:30 AM
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#59
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Thinks s/he gets paid by the post
Join Date: Mar 2008
Location: Atlanta Suburb
Posts: 1,499
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I voted down. So, I won? 
__________________
"Oh, twice as much ain't twice as good
And can't sustain like one half could
It's wanting more that's gonna send me to my knees" - John Mayer
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12-24-2018, 11:31 AM
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#60
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Full time employment: Posting here.
Join Date: Dec 2012
Posts: 751
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Well i predicted 400 down today, so I was wrong in a not good sort of way.
For Wednesday, let's say down again, but no more than 200, which will seem like a "good" day.
Would suggest not to be fooled that we are bottoming yet though, knife still falling until a certain someone quits the more childish Fed bashing tweeting (and I'm normally a fan but not on this topic) or those funds that are selling based on algorithms get done selling, if they ever do. If those two things don get better soon, we need to wait for earnings reports to hopefully right the ship, as the fundamentals are still good but no one is noticing as there is too much noise and panic.
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