 |
|
02-05-2018, 12:32 PM
|
#141
|
|
Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,498
|
 Quote:
Originally Posted by mamadogmamacat
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! 
__________________
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!
|
|
|
 |
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!
|
|
02-05-2018, 12:34 PM
|
#142
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 17,250
|
Quote:
Originally Posted by frayne
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.
__________________
Comparison is the thief of joy
The worst decisions are usually made in times of anger and impatience.
|
|
|
|
02-05-2018, 12:39 PM
|
#143
|
|
Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,498
|
I just looked.
Cluck, cluck.... 
__________________
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!
|
|
|
|
|
02-05-2018, 12:42 PM
|
#144
|
|
Thinks s/he gets paid by the post
Join Date: Feb 2007
Location: Upstate
Posts: 2,950
|
Been nibbling today on the down trodden. A little XLE and QCOM.
Why these two? Who knows.
|
|
|
|
|
02-05-2018, 12:48 PM
|
#145
|
|
Thinks s/he gets paid by the post
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
|
|
|
|
|
02-05-2018, 01:05 PM
|
#146
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
|
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.
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
|
|
|
|
|
02-05-2018, 01:08 PM
|
#147
|
|
Full time employment: Posting here.
Join Date: Jan 2014
Location: Austin
Posts: 661
|
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. Wow, is it already 2022?
|
|
|
|
|
02-05-2018, 01:08 PM
|
#148
|
|
gone traveling
Join Date: Mar 2015
Location: Greenville
Posts: 653
|
Down 1000.... Nothing to do now but hold on.
|
|
|
|
|
02-05-2018, 01:09 PM
|
#149
|
|
Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,498
|
Quote:
Originally Posted by flintnational
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).
__________________
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!
|
|
|
|
|
02-05-2018, 01:11 PM
|
#150
|
|
Gone but not forgotten
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... 
|
|
|
|
|
02-05-2018, 01:12 PM
|
#151
|
|
Thinks s/he gets paid by the post
Join Date: Feb 2012
Location: Tampa Bay Area
Posts: 1,866
|
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.
|
|
|
|
|
02-05-2018, 01:12 PM
|
#152
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,071
|
A correction is past due. Now down 1500.....
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
|
|
|
|
|
02-05-2018, 01:13 PM
|
#153
|
|
Thinks s/he gets paid by the post
Join Date: Oct 2002
Location: Chattanooga
Posts: 3,892
|
Dilly, Dilly is it 4pm yet ?
__________________
Earning money is an action, saving money is a behavior, growing money takes a well diversified portfolio and the discipline to ignore market swings.
|
|
|
|
|
02-05-2018, 01:14 PM
|
#154
|
|
gone traveling
Join Date: Mar 2015
Location: Greenville
Posts: 653
|
Time to buy yet?
|
|
|
|
|
02-05-2018, 01:17 PM
|
#155
|
|
Full time employment: Posting here.
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
|
|
|
|
|
02-05-2018, 01:19 PM
|
#156
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 17,250
|
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.
__________________
Comparison is the thief of joy
The worst decisions are usually made in times of anger and impatience.
|
|
|
|
|
02-05-2018, 01:20 PM
|
#157
|
|
Thinks s/he gets paid by the post
Join Date: Jan 2013
Posts: 3,412
|
Quote:
Originally Posted by W2R
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...
|
|
|
|
|
02-05-2018, 01:21 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: 6,002
|
Nice to have cash equivalents where no IRAs or 401k's have to be sold for a few years--until RMDs are taken.
|
|
|
|
|
02-05-2018, 01:22 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.
|
|
|
|
|
02-05-2018, 01:22 PM
|
#160
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
|
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.
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
|
|
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
|
| Thread Tools |
|
|
| Display Modes |
 Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|
