HI Bill
Thinks s/he gets paid by the post
- Joined
- Dec 26, 2017
- Messages
- 2,565
Wise or not, I made three $10K VTI ETF purchases in the past two days.
Years of quantitative easing, low interest rates, recent tax cuts, increased gov. debt, economy at equilibrium and an aging population hoarding wealth equals a 40% correction in the near future, at least Harry Dent thinks so !
Years of quantitative easing, low interest rates, recent tax cuts, increased gov. debt, economy at equilibrium and an aging population hoarding wealth equals a 40% correction in the near future, at least Harry Dent thinks so !
Carnage Continues After-Hours - Dow Down 1000 Pts, Nasdaq Collapses 5%
https://www.zerohedge.com/news/2018...er-hours-dow-down-1000-pts-nasdaq-collapses-5
Do shorts get to say WHEEEE!!! ?
Carnage Continues After-Hours - Dow Down 1000 Pts, Nasdaq Collapses 5%
https://www.zerohedge.com/news/2018...er-hours-dow-down-1000-pts-nasdaq-collapses-5
Yeep!!! Here we go...….…
Eva? She might come back before too long, if this market drop turns out to be just a short term blip. But meanwhile, the bear seemed like a good avatar du jour. The café au lait and beignets avatar was making me feel too hungry.Hopefully, this Avatar lasts only a short while and die shone deutsche Frau kommt zuruck.
I called Whee last week (although I thnk there is an official Whee spokesperson on this forum, can't recall which user). We shall see if we get a correction everyone is so adamantly hoping for lol.
I just don't think it's sustainable with the current economic outlook, but treasuries rise, and equities drop. So that's what we are seeing, along with some profit takers, robo shorts etc.
I was so close to shorting 250k last week, but Warren Buffet's infamous quote turned me away "Market timing is a fool's game".
Instead, I'll buy the dip, and ride the wave.
Bonds went down stocks also went down. No place to hide.
Maybe the Fed is going crazy.
There is really no good answer to where u put your money now. Bonds are getting hit in this rising rate market and stocks are reacting like a recession is coming.
Let's see....the economy is strong, unemployment is at an all time low, restaurants are full every night (around here, anyway), shoppers are all in the stores, etc.
Buy the Dip!
Earnings season starts on Friday. Should buoy the market.
You were right for about 15 minutes...
Correction came out 100 points...
Probably caused hundreds of heart attacks.
Bonds went down stocks also went down. No place to hide.
Maybe the Fed is going crazy.
6:30AM CT. Implied open DJIA -300. Thursday Oct. 11.