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View Poll Results: Who is “selling” Mondays “dead cat bounce “? Please comment “why” and what below!
I am selling equities on Mondays dead cat stock market bounce 10 10.87%
I am buying equities on Mondays dead cat stock market bounce 8 8.70%
I am staying the course 74 80.43%
Voters: 92. You may not vote on this poll

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Old 03-02-2020, 10:47 AM   #21
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Bought today. A very small amount.
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Old 03-02-2020, 10:54 AM   #22
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Still too early to make any moves. Three hours until the bell.
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Old 03-02-2020, 10:56 AM   #23
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Hot dog!! The Dow is 26,200 at this moment, up 800 points.

As always, I'm going to do nothing but it's good to see a nice number like that.
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Old 03-02-2020, 12:32 PM   #24
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I'll buy more if it goes closer to 15% to 20% down. Or if I chicken out and cave. I put DW's lump sum pension money into bonds when we received it. I really just want to get it into the AA somewhere other than the market top. Also trying to Roth convert a substantial amount at a low price. 25% of each done last Wednesday. 75% to go, sometime this year.
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Old 03-02-2020, 12:34 PM   #25
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I think I'll hold onto my AAPL and VHT for a while.
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Old 03-02-2020, 12:41 PM   #26
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Not to poke everyone, but today's rally at +666 even as we speak may be the last gasp for a few months.... Bueller, Bueller .....? BTW, 666 is the sign of "you know who"....
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Old 03-02-2020, 12:47 PM   #27
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Staying the course. I just re-balanced.
Same here. I did a small rebalance (2%) in my tIRA from bonds to stocks. The last time I rebalanced in this direction was back in 2015.
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Old 03-02-2020, 12:50 PM   #28
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Holding today. Have some cash from YTD divs and will add shares if SPY falls 20% from the recent high mark.
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Old 03-02-2020, 12:57 PM   #29
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Not to poke everyone, but today's rally at +666 even as we speak may be the last gasp for a few months.... Bueller, Bueller .....? BTW, 666 is the sign of "you know who"....
I remember when GSPC fell to 666 during the subprime mortgage event. Been pretty strong since that low.
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Old 03-02-2020, 02:04 PM   #30
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So at market close, only 8% of poll takers took a bit off the table. 5% bought more and most everyone 86% stayed the course (72 Sample size).

I am a bit surprised there were not more takers who regretted not rebalancing before last week or tweaking their AA a bit with the risk of a market downturn being higher now. But even a stopped clock is right twice a day, right?

....time will tell.
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Old 03-02-2020, 02:28 PM   #31
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Can't vote, because I both sold and bought some option contracts today.

Generally, I bought back some outstanding options that looked hopeless and cheaper than when I sold.

And I sold some options that were also out-of-the-money, but at strike prices not so outrageous because I did not think the market would soar back to where it was recently, in just a few weeks before the options expire.

The goal is as usual, that is for the options to expire worthless, and for me to still have the shares to sell new options for the next month.
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Old 03-02-2020, 02:29 PM   #32
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I checked selling because I sold my NVAX at the opening. Bought it last week at 6 and sold at 14 this morning. Just a few K in my play account. Other than that I am standing pat.
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Old 03-02-2020, 05:18 PM   #33
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Stayed the course
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Old 03-02-2020, 08:14 PM   #34
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Quote:
Originally Posted by BeachOrCity View Post
So at market close, only 8% of poll takers took a bit off the table. 5% bought more and most everyone 86% stayed the course (72 Sample size).

I am a bit surprised there were not more takers who regretted not rebalancing before last week or tweaking their AA a bit with the risk of a market downturn being higher now. But even a stopped clock is right twice a day, right?

....time will tell.
We're living off of 2/3 of our income, which is all pension/ss - the rest is put into equities. So our AA is 100% equities basically. Nothing to rebalance, nothing to regret.
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Old 03-02-2020, 08:55 PM   #35
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I voted "buy" before fully reading the instructions. We did some buying today but it was a scheduled purchase unrelated to the current gyrations.

I did reallocate from bonds to stocks last Wednesday and Friday. Waiting to see what happens before doing any more, so essentially standing pat.
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Old 03-03-2020, 05:24 AM   #36
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Bought some index shares on Friday close and am holding.
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Old 03-03-2020, 09:39 AM   #37
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I'm staying the course .

The same rationale as no sense is tornado chasing when stormy weather hits.
What if your current path leads to a tornado in front of you? Stay the course?

Just teasing.
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Old 03-03-2020, 11:48 AM   #38
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What if your current path leads to a tornado in front of you? Stay the course?

Just teasing.
I'd have other things to worry about than my finances .
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Old 03-03-2020, 12:22 PM   #39
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Old 03-03-2020, 12:35 PM   #40
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That seems to strike the right tone for appropriate public response.....

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