How low will it go? Stock market taking a dip

Discussion in 'The Okie Corral' started by RWBlue, Feb 24, 2020.

  1. Z71bill

    Z71bill

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    A lot of effort has been put in to manipulate the stock market up to this level --

    It would surprise me if the FED and the PPT sat back and allowed any meaningful correction.
     
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  2. thespork

    thespork

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    Unfortunately, interest rates are at near record lows, despite, you know, being the best economy ever...
     

  3. OXMYX

    OXMYX

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    Wall St is like the government, they like to make folks panic.
     
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  4. rj1939

    rj1939

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    Did anybody say rate cut?.............Yet.
     
  5. willie_pete

    willie_pete NRA Life Member

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    :headscratch:

    djiafall.PNG
     
  6. powernoodle

    powernoodle

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    If you look at your portfolio only every 6 months, it doesn't really matter what it does on a daily or weekly basis. I have enough stress in my life!
     
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  7. Jonesee

    Jonesee

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    401K buy and sell orders are executed at the closing price for the day.

    If you put the order in earlier today, you order was processed at today's close.
     
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  8. railfancwb

    railfancwb

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    If the Fed ever lets interest rates rise, your bond investment is screwed.
     
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  9. HJB

    HJB Banned

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    Not if you are investing in a ladder of bonds that you hold to maturity and then reinvest.
     
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  10. JohnBT

    JohnBT NRA Benefactor

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    "I read a very compelling article from a Wall Street guy and he said sell all your stocks,"

    And pay taxes on all of those long term capital gains? No thanks.
     
  11. Z71bill

    Z71bill

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    I am the opposite --

    Back when I owned stocks - I am currently out of equities - I would stress if I didn't know.

    I totally agree you shouldn't buy and sell stuff from your investment portfolio based off short term moves - that is not what I am saying -

    I just like to know.

    I use to do hundreds of trades a month - but that was my trading account - I never considered myself a "day trader" to me that is an insult. Scalping pennies off of random moves is boring -



    I would rarely change things in my investment account - and even less often in my 401K and IRAs.

    But I still wanted to know.

    I kept a tally - even tracked changes in bonds - most days it was like watching paint dry -

    I am now half convinced it doesn't matter - I use to think it helped me understand the market.


    I wish we still had a market that traded on fundamentals (that I understand)

    This bad news is good news and good news is good news and no news is good news and good employment numbers are good news and bad employment numbers are good news and changes in the news is good news and no change in the news is good news and trade deal success is good news and trade deal failure is good news and rate cuts are good news and rate increases are good news and war is good news - and up until today anyway -a pandemic virus is good news.

    I sort of lost my ability to figure out why things are good news -

    I really can't complain but sometimes I still do -


    View: https://www.youtube.com/watch?v=H8ocviQ3ux0
     
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  12. Patchman

    Patchman Florist

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    Very similar plan here. Have enough cash (to supplement pensions) in a high yield account to ride out any bad market lasting 18 to 24 months. Replenish cash used by selling when markets are up.
     
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  13. OXMYX

    OXMYX

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  14. Jon_R

    Jon_R

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    There are 7 billion people. Multiple millions die is that really that dire? 7 million would be .1%. Thousand person company is one person dying though most likely to die would be the pretty old or very young.

    Flu takes about 650k every year and barely is even mentioned.

     
  15. Chui

    Chui

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    And plants cannot be built in a week so...


    Sent from my iPhone using Tapatalk
     
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  16. G-nineteen

    G-nineteen

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    Between 2007 - 2009, the market dropped 51%.
     
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  17. Patchman

    Patchman Florist

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    Those were a great 2 years!
     
  18. HollowHead

    HollowHead Firm member

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    Where's WeeWilly? HH
     
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  19. F106 Fan

    F106 Fan

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    Being one of the old, I have some concern. Not enough to spend any time worrying about it, but some. About as much as I have for the flu.
     
  20. G-nineteen

    G-nineteen

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    I prefer the historic rebound after that. But now the Fed's unceasing heroin injections of cash have pushed PE ratios into historic, unsustainable levels. Irrational exuberance on 'roids.

    Short term, this will get ugly. Long term (10+ years), we always bounce back
     
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