NYEXPAT
Thinks s/he gets paid by the post
With the Russell 2000,Nasdaq and 60% of the S&P in a Bear Market, I think we can stop calling it a correction. Agree or disagree with a +1 or -1.
+0.5
I'm holding back to see how things are January before calling it bear or no bear .
I don't think the market cares what people call it.
With the Russell 2000,Nasdaq and 60% of the S&P in a Bear Market, I think we can stop calling it a correction. Agree or disagree with a +1 or -1.
-1With the Russell 2000,Nasdaq and 60% of the S&P in a Bear Market, I think we can stop calling it a correction. Agree or disagree with a +1 or -1.
With the Russell 2000,Nasdaq and 60% of the S&P in a Bear Market, I think we can stop calling it a correction. Agree or disagree with a +1 or -1.
On the bright side, it has decreased my RMD
-1. Not yet.
The S&P high was 2940.91. It closed today at 2467.42. That's -16.1% down. Only 4 more percents to go. It may make it there before New Year. Plenty of time for us to celebrate NY and start 2019 in the pits. Why rush it?
But, but, but it increases my WR.
Yep, I’m waiting for the official S&P 500 index 20% down.
+1
Wake me up when it drops 20% and I may start to bite.
Keep in mind oil has hit another low. While this may not be great for the industries and areas where most oil is produced, it is good for businesses and consumers and even government agencies that do things like run bus lines. And unemployment is still very low. It's not all bad news.
FWIW, investors need lower prices to get the returns they need to FIRE. Maybe not this group, but others do.
+1
Wake me up when it drops 20% and I may start to bite.