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So....anyone else waiting for the correction?

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So....anyone else waiting for the correction?

 
Old 01-26-2018, 04:16 PM
  #21  
 
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I thought the pinnacle was on the 16th when Dow jumped to 26k unsubstantiated, then went sideways midday.
i panicked and took my gains that day before the market tumbled.

Where I once stayed awake at night thinking of when the correction would come.....
i now stay awake thinking of the missed gains the last two weeks as the market rises.
i suck at this.

This market seems to break “the rules” I learned in college text books.
maybe Now is the time to invest in an air cooled Porsche 911.
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Old 01-30-2018, 06:07 AM
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Here it comes........
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Old 01-30-2018, 01:39 PM
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Originally Posted by vader1 View Post
Here it comes........
haha, not yet. Still some good buys short term. Earnings season is not over.
Personally, not feeling bad anymore about the “fear of missing out”
maybe I did know what I was doing on the 16th....or I got lucky.
I guess we’ll know by friday


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Old 02-02-2018, 07:46 AM
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I am actually of the opinion that it would be healthy for this selloff to expand into a correction. The economy is really firing right now, but getting inflated prices back to more normal PE ratios might be a good thing so that the market can grow along with earnings reports without piling on top of speculated prices we have now.

I'd really like to see the crypto bubble just pop and go to zero.
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Old 02-02-2018, 11:08 AM
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1000 points this week.
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Old 02-02-2018, 11:18 AM
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Did you guys pull out and restock your mattresses yet?
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HawkeyeGeoff (02-05-2018)
Old 02-05-2018, 11:55 AM
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Originally Posted by s2000Junky View Post
Did you guys pull out and restock your mattresses yet?
Man....the crypto market is BLOODY. Thanks Obama.
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Old 02-05-2018, 12:05 PM
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Originally Posted by HawkeyeGeoff View Post
Man....the crypto market is BLOODY. Thanks Obama.
I think the market has finally realized that we are now in the Trump presidency. Which means total uncertainty and violent mood swings on any given day. Place your new portfolio bets....

Last edited by s2000Junky; 02-05-2018 at 12:07 PM.
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Old 02-05-2018, 12:06 PM
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Originally Posted by s2000Junky View Post
Did you guys pull out and restock your mattresses yet?
I actually got a bad feeling after the few hundred point drop last week and pulled 10% out and put it in cash. That money was spared the 666 point drop and today's 1,200 point (so far) drop. But I suppose I would have like to have moved a little more. Not real worried because it was, as everybody knew, over valued. But I suppose if it dropped another 2,500 points in the coming weeks I'd be a little concerned. Ideally, I would like it to go down about 15% across the whole market to get back to historic PE's and then climb along with the economy, but who knows if it will stop short of that or fall even further. If it follows regular corrections, it will stabilize a little with some buying maybe later in the week, and then resume dropping until it finds bottom in the next week or two.

I switched all my contributions to cash at the beginning of the year but that did not build up much of a stockpile before the drops.

Last edited by vader1; 02-05-2018 at 12:09 PM.
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Old 02-05-2018, 02:42 PM
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Originally Posted by s2000Junky View Post
Did you guys pull out and restock your mattresses yet?
Reduced stock portfolio 80% back in Jan when Dow jumped over 26 and went sideways.
10 yr went over 2.6%, volatility index jumped up....took gains and principle.
you can read above,I regretted it within a week as markets climbed higher.
Now I look brilliant, except for those 3 purchases of Ford on the decline. 5% div though, not so bad.

Mattress is comfy!

Now the challenge, when to jump back in....this is where i’ll make mistakes (see Ford comment)

Last edited by berlinablackie; 02-05-2018 at 02:47 PM.
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