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#1
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Below 12,000 Sooner or Later?
When do you predict it will drop below 12,000?
(yeah, the DOW in case you couldn't figure it out) |
#2
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Oh God, don't start that! It's gone down enough already. This feels like one step forward, two steps back.
I've weathered at least three big corrections in the stock market so far (since I have had much of a stake in it personally). It doesn't get any less harrowing and I don't seem to become any more astute as far as when to hold and when to fold.
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" We have nothing to fear but the main stream media itself . . . ."- Adapted from Franklin D Roosevelt for the 21st century OBK #55 1998 Lincoln Continental - Sold Max 1984 300TD 285,000 miles - Sold The Dee8gonator 1987 560SEC 196,000 miles - Sold Orgasmatron - 2006 CLS500 90,000 miles 2002 C320 Wagon 122,000 miles 2016 AMG GTS 12,000 miles |
#3
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SSW is a friggin trip. The announce another 4.5 @ 33.5 the stock is @ 27.86 and still dropping. The numbers support the the 33.5 (easily) -- and they have a rockin dividend. So even if they drop the div (to compensate for the additional shares) -- you still have a 27.86/33.5 growth.
I mean, their segment is red-hot -- and getting hotter as our economy tanks. This market is unreal. ACAS is another darling that has turned sour... Either we're headed for something friggin' horrid or it will swing a bit lower and then rebound higher than it was. All I know is we need a new leader for our nation... fiscally we're a mess, and the fed is even more a mess... |
#4
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Are you an investor or do you think your a stock picker/trader. The five year chart does'nt look to bad to me.
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I'm sick of .sig files |
#5
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Glass half empty or full? There are some real bargins out their.
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BENZ THERE DONE THAThttp://www.peachparts.com/shopforum/...c/progress.gif 15 VW Passat TDI 00 E420 98 E300 DT 97 E420 Donor Car - NEED PARTS? PM ME! 97 S500 97 E300D 86 Holden Jackaroo Turbo D 86 300SDL (o\|/o) |
#6
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At this rate it could be tomorrow or early next week! But, it's only a slice of the total market. And long-term, the market looks alright.
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1983 M-B 240D-Gone too. 1976 M-B 300D-Departed. "Good" is the worst enemy of "Great". |
#7
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Yes. Many bargains. I'll agree to that.
As far as the 5 year chart... I disagree. The minute I see a chart like that I look at the WHOLE chart. Take a look at the middle two years. 04 and 05. Basically flat. Wise long positions are always going to perform well. The problem is the definition of "long" seems to be getting looooonger! |
#8
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If there are a lot of bargains, then that means the market is over reacting in those instances. If that's the case it will come back. The problem is when the overall stock market becomes over-priced like it did in 1999.
As long as you invest in good management, in good industries, you'll be fine in the longrun.
__________________
" We have nothing to fear but the main stream media itself . . . ."- Adapted from Franklin D Roosevelt for the 21st century OBK #55 1998 Lincoln Continental - Sold Max 1984 300TD 285,000 miles - Sold The Dee8gonator 1987 560SEC 196,000 miles - Sold Orgasmatron - 2006 CLS500 90,000 miles 2002 C320 Wagon 122,000 miles 2016 AMG GTS 12,000 miles |
#9
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One of my portfolio's has really taken a dump in the last 30 days but even with that said I still bought another position today.
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BENZ THERE DONE THAThttp://www.peachparts.com/shopforum/...c/progress.gif 15 VW Passat TDI 00 E420 98 E300 DT 97 E420 Donor Car - NEED PARTS? PM ME! 97 S500 97 E300D 86 Holden Jackaroo Turbo D 86 300SDL (o\|/o) |
#10
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Who would ahve thought that the unwinding of the specualtive excesses in the sub prime lending markets, tighter credit, and a housing slump could all collude to cause ripples thruout the capital markets.
With the yen up and DOW down, the hedge funds are still unwinding their yen carry trade. Look out. When the hedgies head for the exits, bad things happen fast! And I do believe this is the fast money crowd covering their arses to some extent. I'm heartened to see you individual investors keep the faith. If we lose it, a bear will ensue. However, one of yopu folks pull a DJIA chart and superimpose the 30, 100 and 200 day MA on it. Tell me what you see? |
#11
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My View
Stock Market should hit sub-12,000 by this time next week. At which point I believe it will probably *begin* leveling off; i.e.: smaller 'dumps' day-to-day. When the market reaches the 11,999 mark, people are going to start waking up and saying, “Hey, there’s good bargains out there!”
Where's the 'bottom'? Dunno - if I did, I wouldn't be living in Round Rock, TX. What I do know is that the market will bottom at some point AND it will rise again. Like a roller coaster, you can't get off so hang on for the ride. The more you panic - sell/buy/speculate/sell/buy/contemplate/sell/buy/agitate - the worst your life is gonna be. And yes, I own stock – lots – my retirement is closely tied to it - and I'm only 52. So the market has significant interest to me... but I refuse to allow it to consume me. If people would quite going into absolute, unadulterated panic over the market, 'corrections' would not be as dramatic as they are. Look at the daily ride of the market and compare it to the hysterical ‘news releases’, rumors, legends, folklore and other crap that permeates our up-to-the-second, electronic, digitized society. You'll see an amazing correlation. Think logically, invest logically and *know* that market corrections, for whatever reasons, will occur. And stop with the emotional flotsam. I worry more about my Mercedes, than I do the market. The market will hear itself, my MB will not. (Sorry. Guess I got a little tall on the soapbox, there.)
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MBCA Member #B012089 (Lone Star Section) OBK Member #47 (W123 Division) '96 SL600 (105K) Triple Black - Mein über-Fräulein '79 240D (292K) Yellow/Saddle - Mein Spielzeug '01 ML430 (123K) Black/Saddle - Wife's Ride '94 SL500 (164K) Green/Champagne - Daughter's Dream '73 450SL - RIP '86 300E - RIP '88 420SEL - SOLD '94 S320 - SOLD |
#12
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The only people who lose now are the ones who have to sell.
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1985 380SE Blue/Blue - 230,000 miles 2012 Subaru Forester 5-speed 2005 Toyota Sienna 2004 Chrysler Sebring convertible 1999 Toyota Tacoma |
#13
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Get Shorty.
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#14
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after Mattel anounces the next toy re-call.
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"It's normal for these things to empty your wallet and break your heart in the process." 2012 SLK 350 1987 420 SEL |
#15
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Buy now, avoid the rush.
B |
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