U.S. Stock market "CORRECTION!!" Why am I not "too-skeered"

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Messages 521 - 534 of total 534 in this topic << First  |  < Previous  |  Show All  |  Next >  |  Last >>
Norton

climber
The Wastelands
Oct 11, 2018 - 01:22pm PT
the DOW is down only 2000 points now from its high in six days

nothing to get excited about, unless of course you are short and banking big profits.....
frostback

Social climber
great white north
Oct 11, 2018 - 01:32pm PT
Moose,
What are perogie futures going for?
moosedrool

climber
Andrzej Citkowicz far away from Poland
Oct 11, 2018 - 02:05pm PT
Frostback, pierogi are hot. Buy now!

Moose

PS. I need the S&P500 go down 10% in order to win the bet with Reilly.

Reilly, I believe your #6 hex is at stake? I would hate to lose my trophy 1" tubing I found in Camp 4.
Fritz

Social climber
Choss Creek, ID
Topic Author's Reply - Oct 11, 2018 - 04:15pm PT
Moose! Re your question:

ARE YOU SKEERD NOW?!

Moose

Nope! I did switch a considerable amount of an under-performing Vanguard mid-cap stock fund into Vanguard HealthCare last week. It was up over 16% YTD.

Darn! Now it's only up 13.93% YTD.

Credit: Fritz





xCon

Social climber
909
Oct 11, 2018 - 04:58pm PT
Octobers still got 20 days left to go...
Reilly

Mountain climber
The Other Monrovia- CA
Oct 11, 2018 - 05:22pm PT
Moosetrader, please be so kind as to refresh my feeble memory as to the true particulars of our supposed agreement. Was it that the sun shall continue to rise in the east, albeit to a lesser height each day now? Or was it that weak men shall envisage a great tearing asunder of the bonds that bind us when they view uncertainty over the horizon? Sure and I can rely upon your innate goodness not to practice upon me in my disadvantaged position. You must also enlighten me as to whether we had agreed upon first or second generation Hexes.
moosedrool

climber
Andrzej Citkowicz far away from Poland
Oct 11, 2018 - 08:33pm PT
Reilly, I have witnesses. Your clever language wont get you off the hook.

My people will contact your people as soon as you lose the bet.

Moostermind



Fritz

Social climber
Choss Creek, ID
Topic Author's Reply - Oct 11, 2018 - 08:50pm PT
Reilly! I would advise you to sign off on that hex, maybe with a couple lawyers making sure that Moosedrool accepts delivery.

Someone who climbs as hard as Moose with an umbrella, is just not to be ignored.

Credit: Fritz
john hansen

climber
Oct 11, 2018 - 09:47pm PT
It's about where it was in early July , three months ago.


It does not always go up.
Robert L

climber
Oct 12, 2018 - 04:01am PT
^^^ True. Just as greedy and fearful as in July. Just as in any other month or year preceding one of those frequent crashes or accounting scandals.

Canít see equities booming along for another ten yeas: climate change and pension problems ahead.
briham89

Big Wall climber
santa cruz, ca
Oct 12, 2018 - 10:45am PT
I'm thinking an end of day Friday sell off is brewing...
Toker Villain

Big Wall climber
Toquerville, Utah
Oct 12, 2018 - 10:48am PT
Ho man my neck hurts.

I guess I'll stand by the door and look for bargains after a double bottom.
blahblah

Gym climber
Boulder
Oct 12, 2018 - 12:19pm PT
I'm thinking an end of day Friday sell off is brewing...

I'm thinking if I flip a coin it will come up heads :)

If you'd like, it would be interesting for you to keep us up to date with your market timing plays . . .
Don't have to give a specific $$ amount, but rather something like if you've got a pot of X dollars, just say when you're putting what fraction into what investment. One anecdote won't really tell us anything material either way, but it might be fun to compare your results to dollar cost averaging into a broad index fund.
I would do the same, except that I'm basically buy and hold of either index funds or large cap funds that have very correlated performance, and so have nothing interesting to report.
briham89

Big Wall climber
santa cruz, ca
Oct 12, 2018 - 01:53pm PT
I'm thinking if I flip a coin it will come up heads :)

HAHA! Touche

Can't be right (wrong) unless you play ;). And based on how the day ended I was wrong! ha

FWIW I made 10% buy into a target retirement fund from "the pot" of money I have been sitting on in a federal money market account. This was because of the recent drop (over 5% of S&P high)
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