So....anyone else waiting for the correction?
01-26-2018, 04:16 PM
#21
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.
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.
01-30-2018, 06:07 AM
#22
Thread Starter
Here it comes........
01-30-2018, 01:39 PM
#23
Last edited by berlinablackie; 01-30-2018 at 01:45 PM.
02-02-2018, 07:46 AM
#24
Thread Starter
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.
I'd really like to see the crypto bubble just pop and go to zero.
02-02-2018, 11:08 AM
#25
Thread Starter
1000 points this week.
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HawkeyeGeoff (02-05-2018)
02-05-2018, 12:05 PM
#28
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.
02-05-2018, 12:06 PM
#29
Thread Starter
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.
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.
02-05-2018, 02:42 PM
#30
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)
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.