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Thread: Stocks

  1. #501
    Stock market drops again, wiping out 2018 gains for the Dow and S&P 500


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  3. #502
    Quote Originally Posted by accadacca View Post
    Stock market drops again, wiping out 2018 gains for the Dow and S&P 500

    Must be a slow news day...

    Many folks see an article like this and attribute it to doom -- signs of an eroding economy that is on a downhill slide. Thing is....downturns in the stock market are how money is made. The ebb and flow of the stock market is as natural as the cycles of night and day, or the seasons.

    This latest "stock market drop" is really just a "correction," meaning it is just taking a break. It can't go up all the time. Now is a great time to buy, since the fundamental concept behind making money in the stock market is to.....buy low, sell high.
    sa·lu·bri·ous
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  5. #503
    And here we go on the up. Dow rebounds over 400 points.


    https://www.cnn.com/2018/10/25/inves...dow/index.html
    sa·lu·bri·ous
    /səˈlo͞obrēəs/

    adjective

    1. Promoting health; healthful
    2. Favorable to health of mind or body


  6. #504
    Dow is currently up over 900 points from where it was a week ago.

    I think there's a lot of volatility right now (dramatic up and down fluctuations) in anticipation of the midterm elections.


    PREDICTION: Wednesday is going to be a BIG day either up or down, depending on the results of tomorrow's elections.
    sa·lu·bri·ous
    /səˈlo͞obrēəs/

    adjective

    1. Promoting health; healthful
    2. Favorable to health of mind or body


  7. #505
    https://www.msn.com/en-us/money/mark...HFm?li=BBnbfcN

    Looks like Wall Street is good with the results.

  8. #506
    Dow is up over 1,800 points from the October 29th low of 24,442.

    A 1,800 point swing in just 8 trading days.
    sa·lu·bri·ous
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    adjective

    1. Promoting health; healthful
    2. Favorable to health of mind or body


  9. #507

    Stocks

    Market gains for 2018 wiped out by plunging stocks

    It's the worst Thanksgiving week for the Dow and the S&P since 2011, according to Dow Jones data.

    #maga

    https://www.nbcnews.com/business/mar...m_npd_nn_fb_ma


  10. #508
    Quote Originally Posted by accadacca View Post
    Market gains for 2018 wiped out by plunging stocks

    It's the worst Thanksgiving week for the Dow and the S&P since 2011, according to Dow Jones data.

    #maga

    https://www.nbcnews.com/business/mar...m_npd_nn_fb_ma
    The Fearful will see catastrophe, the wealthy will see opportunity.

    YMMV
    sa·lu·bri·ous
    /səˈlo͞obrēəs/

    adjective

    1. Promoting health; healthful
    2. Favorable to health of mind or body


  11. #509
    Quote Originally Posted by accadacca View Post
    Market gains for 2018 wiped out by plunging stocks

    It's the worst Thanksgiving week for the Dow and the S&P since 2011, according to Dow Jones data.

    #maga

    https://www.nbcnews.com/business/mar...m_npd_nn_fb_ma
    Do you have any clue how the stock market works?

    It's all about the long term gain and not the short term peaks and valleys. Not to mention I've never seen someone similar to you that is actively cheering against a prosperous economy.

    But a little tip a negative nellie like you might want to take advantage of. You can actually make money on stocks by selling short. If you honestly believe stocks are headed for the crapper now you know how to get rich.

    FWIW - since Trumps election the stock market is still up 26.7%.

    Climb-Utah.com

  12. #510
    Quote Originally Posted by rockgremlin View Post
    The Fearful will see catastrophe, the wealthy will see opportunity.

    YMMV
    Buy low and sell high.

    Climb-Utah.com

  13. #511

  14. #512
    It's scenarios like these that are frustrating for the day traders out there:

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    Dow starts out plunging, and then rallies 600 points in the afternoon.
    sa·lu·bri·ous
    /səˈlo͞obrēəs/

    adjective

    1. Promoting health; healthful
    2. Favorable to health of mind or body


  15. #513
    From what I've seen, whenever the Dow trades choppy and erratically there's a large drop just around the corner. And the Dow has been all over the place recently.

    I don't see another drastic recession like what occurred in 2008, but there's is a very large pullback coming soon. Maybe a 25% ~ 30% decrease possible?

    Bookmarking this for if I'm right. If I'm wrong I'll just delete this post and we can forget I ever said anything.






    Today (12/7/2018) the Dow is at 24,388...
    Last edited by rockgremlin; 12-17-2018 at 05:09 PM. Reason: Add the Dow snapshot for Dec 7th
    sa·lu·bri·ous
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  16. #514
    Bogley BigShot oldno7's Avatar
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    Quote Originally Posted by rockgremlin View Post
    From what I've seen, whenever the Dow trades choppy and erratically there's a large drop just around the corner. And the Dow has been all over the place recently.

    I don't see another drastic recession like what occurred in 2008, but there's is a very large pullback coming soon. Maybe a 25% ~ 30% decrease possible?

    Bookmarking this for if I'm right. If I'm wrong I'll just delete this post and we can forget I ever said anything.

    I have money on the sidelines, waiting to put into tech.

    My charting suggests the 18th is an important date.

    I'll be looking to invest again, around then in tech.

    Currently. MJ is on the rise, yesterday should have been a low, still good money here but likely a bit slower pace than prior.
    I'm not Spartacus


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  17. #515
    Bogley BigShot oldno7's Avatar
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    or----you could just buy bitcoin

    If I owned bitcoin(never have), I would trade it all in for pot stocks.
    I'm not Spartacus


    Boycotting imlay canyon gear because I value access

    Professional Mangler of Grammar

    Guns don't kill people--Static Ropes Do!!

    Who Is John Galt?

  18. #516
    I'm investing all my spare cash in hookers and blow... the rest I'll probably just waste on stocks.

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  20. #517
    Second straight day of over 2% (500 point) decreases.

    My crystal ball says a modest correction is coming tomorrow (Tuesday December 18).
    sa·lu·bri·ous
    /səˈlo͞obrēəs/

    adjective

    1. Promoting health; healthful
    2. Favorable to health of mind or body


  21. #518
    I'm just watching it going boing, boing, boing. I won't be tapping into it for 15 years.

    I'll go in and buy some stock when it gets below 20K. Everybody is tapping the equity and they may just get really sloppy.
    Every now and then you gotta throw 'em a bone.

  22. #519
    Quote Originally Posted by rockgremlin View Post
    My crystal ball says a modest correction is coming tomorrow (Tuesday December 18).

    It all depends on what the Fed does tomorrow with interest rates.


    Climb-Utah.com

  23. #520


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