Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 02-05-2018, 01:32 PM   #141
Moderator Emeritus
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 45,264
Quote:
Originally Posted by mamadogmamacat View Post
Will be interesting to see what happens between 2:30 and 3:30 or thereabouts. is that not when large institutional investors weigh in typically? be it either large buying or selling, or i suppose most typically a lot of churning of both
Good point! Maybe the Dow will even end up higher than Friday; who knows? Not me, that's for sure.

As of this moment, the Dow is down 542 points. WOW!
__________________
Happily retired since 2009, at age 61.
W2R is online now   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 02-05-2018, 01:34 PM   #142
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Chuckanut's Avatar
 
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 12,697
Quote:
Originally Posted by frayne View Post
Not worried a bit, the sooth sayers are telling us the market fundamentals are sound, dilly, dilly !

Also the check is in the mail. Dilly, Dilly !
'
Dilly Dilly?

Good Grief! Does that indicate this market correction means I can only afford Bud Light instead of the craft beer I now drink? Now that would be a big cut in my quality of life.
__________________
The worst decisions are usually made in times of anger and impatience.
Chuckanut is offline   Reply With Quote
Old 02-05-2018, 01:39 PM   #143
Moderator Emeritus
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 45,264
Quote:
Originally Posted by W2R View Post
I'm just going to do nothing but post about it. As Looking4Ward said, it may not turn out to be that bad. I might be over-reacting. Trying not to be Chicken Little about this.
I just looked.

Cluck, cluck....
Attached Images
File Type: jpg easter-chick.jpg (3.9 KB, 300 views)
__________________
Happily retired since 2009, at age 61.
W2R is online now   Reply With Quote
Old 02-05-2018, 01:42 PM   #144
Thinks s/he gets paid by the post
 
Join Date: Feb 2007
Location: Upstate
Posts: 1,746
Been nibbling today on the down trodden. A little XLE and QCOM.

Why these two? Who knows.
copyright1997reloaded is offline   Reply With Quote
Old 02-05-2018, 01:48 PM   #145
Thinks s/he gets paid by the post
flintnational's Avatar
 
Join Date: Mar 2008
Location: Atlanta Suburb
Posts: 1,499
How can you all remain calm. Its down more than 10% today alone and off 60% from its all time high.

Why didn't someone warn me about bitcoin!
__________________
"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
flintnational is offline   Reply With Quote
Old 02-05-2018, 02:05 PM   #146
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 29,903
DJIA down 800 now. It has to drop 2662 points from its recent high in order to be a correction, and has gone only 1900 points. Needs another day like today.

PS. Now, down 960 points. Whoo hoo! Are we having fun yet? And people thought that the Wh*** proclamation lost its power. I said its effect would be delayed, and that made it even more devilish to lure people into complacency.
__________________
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
NW-Bound is online now   Reply With Quote
Old 02-05-2018, 02:08 PM   #147
Full time employment: Posting here.
 
Join Date: Jan 2014
Location: Austin
Posts: 591
YTD market gains now gone, VIX is at 28, and Dow is down over 1,000 points for the day.

Shorts are cashing in their gains.
__________________
ER'd 6/1/2014 @ age 53.
Looking4Ward is offline   Reply With Quote
Old 02-05-2018, 02:08 PM   #148
gone traveling
 
Join Date: Mar 2015
Location: Greenville
Posts: 653
Down 1000.... Nothing to do now but hold on.
Pilot2013 is offline   Reply With Quote
Old 02-05-2018, 02:09 PM   #149
Moderator Emeritus
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 45,264
Quote:
Originally Posted by flintnational View Post
How can you all remain calm. Its down more than 10% today alone and off 60% from its all time high.

Why didn't someone warn me about bitcoin!
The Dow is down 1080 as of this moment!!! Wow.

I can remain calm because I've been through this before, and came out of it fine. Also, some of us become paralyzed with fear and actually just cannot sell. This is a GOOD thing at times when the market is dropping like this.

I never liked bitcoin because of another forum I frequent, where they push it a lot (which I hate).
__________________
Happily retired since 2009, at age 61.
W2R is online now   Reply With Quote
Old 02-05-2018, 02:11 PM   #150
Gone but not forgotten
imoldernu's Avatar
 
Join Date: Jul 2012
Location: Peru
Posts: 6,335
Like watching a horror movie... As of now, DJ headed down towards $1600...
Technical correction now official if it holds.
VIX @45

(edit) VIX was @35... bad reporting from FoxNews...
imoldernu is offline   Reply With Quote
Old 02-05-2018, 02:12 PM   #151
Thinks s/he gets paid by the post
Live And Learn's Avatar
 
Join Date: Feb 2012
Location: Tampa Bay Area
Posts: 1,863
down 1500 but still not enough for me to rebalance .... I thought I might be able to TLH some stuff but every single lot that I own is still in the profit zone (not that I'm complaining)
__________________
"For the time being no discipline brings joy, but seems grievous and painful; but afterwards it yields a peaceable fruit of righteousness to those who have been trained by it." ~
Hebrews 12:11

ER'd in June 2015 at age 52. Initial WR 3%. 50/40/10 (Equity/Bond/Short Term) AA.
Live And Learn is offline   Reply With Quote
Old 02-05-2018, 02:12 PM   #152
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Dawg52's Avatar
 
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 8,775
A correction is past due. Now down 1500.....
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
Dawg52 is offline   Reply With Quote
Old 02-05-2018, 02:13 PM   #153
Thinks s/he gets paid by the post
frayne's Avatar
 
Join Date: Oct 2002
Location: Chattanooga
Posts: 3,293
Dilly, Dilly is it 4pm yet ?
__________________
"The only function of economic forecasting is to make astrology look respectable. Ezra Solomon
frayne is offline   Reply With Quote
Old 02-05-2018, 02:14 PM   #154
gone traveling
 
Join Date: Mar 2015
Location: Greenville
Posts: 653
Time to buy yet?
Pilot2013 is offline   Reply With Quote
Old 02-05-2018, 02:17 PM   #155
Full time employment: Posting here.
mamadogmamacat's Avatar
 
Join Date: Dec 2012
Posts: 751
Maybe time to buy for some of us. For me, it is time to go out and eat and shop.....life goes on
mamadogmamacat is offline   Reply With Quote
Old 02-05-2018, 02:19 PM   #156
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Chuckanut's Avatar
 
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 12,697
This will drive out the nervous Nellies and the get-rich-quick crowd, thus leaving the rest of us with an opportunity to buy at prices that promise a richer future total return.
__________________
The worst decisions are usually made in times of anger and impatience.
Chuckanut is offline   Reply With Quote
Old 02-05-2018, 02:20 PM   #157
Thinks s/he gets paid by the post
 
Join Date: Jan 2013
Posts: 2,790
Quote:
Originally Posted by W2R View Post
I'm just going to do nothing but post about it. As Looking4Ward said, it may not turn out to be that bad. I might be over-reacting. Trying not to be Chicken Little about this.

And, I am still planning on buying that SUV at some point this year. Just not sure when or what SUV, yet. I am encouraged by reading that Moemg likes her Rav4 so much, so I'm looking into that one again as well as two or three other models.
The prices on the Highlander are insane but the RAV 4 is too small. Honda has gone to a turbo motor on the CR-V on all the models except the base LX. Don't trust the longevity on the turbo. It looks like another 5 to 10 years for the Lexus for me...
Another Reader is offline   Reply With Quote
Old 02-05-2018, 02:21 PM   #158
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Dec 2014
Location: Huntsville, AL/Helen, GA
Posts: 5,134
Nice to have cash equivalents where no IRAs or 401k's have to be sold for a few years--until RMDs are taken.
Bamaman is offline   Reply With Quote
Old 02-05-2018, 02:22 PM   #159
gone traveling
 
Join Date: Mar 2015
Location: Greenville
Posts: 653
Luckily, I was already at my pretty much 65/35 AA (although I guess that will have changed now). As in 2008/2009, since I am working and not drawing down, I can weather it. I will probably increase my contributions once I see things stabilize for a while to try and take advantage. Still 5+ years out, so hoping this too will pass and I will still only be 5 or so years out.
Pilot2013 is offline   Reply With Quote
Old 02-05-2018, 02:22 PM   #160
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 29,903
Earlier, said I would not be trading.

Couldn't help it to see the market drops so much, so step in to "help" and just bought a token amount of 5-figure worth of S&P index. It's a dirty job, but someone has to do it.
__________________
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
NW-Bound is online now   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
T-Theory - Secular Bear Market - Market down into June/July? dex FIRE and Money 8 08-26-2010 06:48 PM
Pay down existing mortgage or save up for big down payment? Andre1969 Young Dreamers 13 04-29-2010 10:05 AM
Housing prices down; Stock Market down; Economy slowing; & the benefits dex FIRE and Money 32 03-16-2007 04:46 PM
How do you deal with a down market day like today? dante60093 FIRE and Money 31 07-17-2004 01:17 PM
Buy House Now w/Low Down or Save Bigger Down? BigMoneyJim Young Dreamers 11 07-14-2004 04:23 PM

» Quick Links

 
All times are GMT -6. The time now is 10:31 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2021, vBulletin Solutions, Inc.