Will it go down 20%?
Will it rebound tomorrow?
Will it rebound tomorrow?
We already have a thread about this 😵
Looks like it will be going down more today. Good time to put some cash in the market!
I'm looking at getting into converting older houses into rental units, and constructing new ones.
You guys think the dip is over or more damage to come over the weekend?
We already have a thread about this 😵
Looks like it will be going down more today. Good time to put some cash in the market!
We already have a thread about this 😵
Looks like it will be going down more today. Good time to put some cash in the market!
No, no, you're supposed to panic. Get out of here with that witchcraft ability to move the X axis of the S&P 500 graph out of the 1 month range. It's unnatural.Nobody likes to lose money but it’s important to keep perspective. The S&P is back to where it was 5 months ago. It’s not a lifetime of savings lost. For those of us who have been fully invested, it’s just 5months of gains lost. Easy come, easy go.
the market down, but still very expensive. I'm still sitting in all cash 💩
(before anyone freaks out and didn't read the other thread, i'm still trying to time the market to get it out of my system. My investment horizon is about 30-40 years).
@BLADEMDA , I respect you as an anesthesiologist, and you've been a great influence on this board. Nothing but respect for you.
But i'm not gonna go invest in individual stocks or individual sectors. I'm just not qualified. Any edge I think I have, or any edge you think you have, is over confidence. May be someone that routinely invests in the market like @periopdoc may or may not have an edge. But i certainly do not. When the time comes i'm going in a low cost index fund.
Also I still think the market overall is expensive given what you've analyzed. I'm very cheap, so i probably will think the market is expensive for another 10-15% drop. then i'll buy back in.
After being 100 percent cash for a month or so, I bought into the Friday close.
I'm very close to stepping back from any more active trading. I made up the ground I needed to make up from getting started late, it's time to let market dynamics do their thing with my retirement accounts, and focus on other projects. I want something more tangible than digits in a computer.
I'm looking at getting into converting older houses into rental units, and constructing new ones.
You seem to think that reliable data drives the market when the last 30 years have proven the opposite.I never said there would be no effect on markets, stock or real estate. What I am saying is that the current reaction is overblown, given the data we currently have at hand, and disruption to most things will be transient, not sustained.
When we have new, reliable, data, we can re-evaluate. But people are panicking right now, and I don't see the numbers to support the level of panic.
Unless things take a drastic change for the worse this weekend, I think markets stabilize this next week, which is why I started laddering back in before close on Friday.
There was pretty heavy buying into the close. Buuuut, for you market history types, corrections have never bottomed on a Friday.
I haven't been actively trading for a month or two, but the algo set up was pretty clear. The market was heavily over weighted, and the quants were primed to take it down. They just needed a catalyst. No one new what the catalyst would be, but everyone who knows anything about quant and algo trading had to know that the market was springloaded for a big dip.
You also have all the dark pools who hate Trump, and were just waiting for the opportunity to tank the economy going into the election. They have been trying to crack this thing, but the Trump economy has just been too strong until now.
Already jumping back in (well, I funded my Roth today).
I never said there would be no effect on markets, stock or real estate. What I am saying is that the current reaction is overblown, given the data we currently have at hand, and disruption to most things will be transient, not sustained.
When we have new, reliable, data, we can re-evaluate. But people are panicking right now, and I don't see the numbers to support the level of panic.
Unless things take a drastic change for the worse this weekend, I think markets stabilize this next week, which is why I started laddering back in before close on Friday.
There was pretty heavy buying into the close. Buuuut, for you market history types, corrections have never bottomed on a Friday.
I haven't been actively trading for a month or two, but the algo set up was pretty clear. The market was heavily over weighted, and the quants were primed to take it down. They just needed a catalyst. No one new what the catalyst would be, but everyone who knows anything about quant and algo trading had to know that the market was springloaded for a big dip.
You also have all the dark pools who hate Trump, and were just waiting for the opportunity to tank the economy going into the election. They have been trying to crack this thing, but the Trump economy has just been too strong until now.
I never said there would be no effect on markets, stock or real estate. What I am saying is that the current reaction is overblown, given the data we currently have at hand, and disruption to most things will be transient, not sustained.
When we have new, reliable, data, we can re-evaluate. But people are panicking right now, and I don't see the numbers to support the level of panic.
Unless things take a drastic change for the worse this weekend, I think markets stabilize this next week, which is why I started laddering back in before close on Friday.
There was pretty heavy buying into the close. Buuuut, for you market history types, corrections have never bottomed on a Friday.
I haven't been actively trading for a month or two, but the algo set up was pretty clear. The market was heavily over weighted, and the quants were primed to take it down. They just needed a catalyst. No one new what the catalyst would be, but everyone who knows anything about quant and algo trading had to know that the market was springloaded for a big dip.
You also have all the dark pools who hate Trump, and were just waiting for the opportunity to tank the economy going into the election. They have been trying to crack this thing, but the Trump economy has just been too strong until now.
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Virus recession? Top economist Ed Hyman sees zero US growth the next two quarters
"More cases are showing up in the U.S. and seem likely to be just the start," Ed Hyman said. "Scope, severity, and duration are uncertain."www.cnbc.com
Some top economists sure think this thing is serious and things are just getting started.
That seems plausible. But is there any reason to think that this expectation isn't already reflected in the stock prices for those companies?earning season will be dismal for a lot of company dependent on China or other countries for manufacturing.
Lots of people drinking the koolaidThat seems plausible. But is there any reason to think that this expectation isn't already reflected in the stock prices for those companies?
@BLADEMDA , I respect you as an anesthesiologist, and you've been a great influence on this board. Nothing but respect for you.
But i'm not gonna go invest in individual stocks or individual sectors. I'm just not qualified. Any edge I think I have, or any edge you think you have, is over confidence. May be someone that routinely invests in the market like @periopdoc may or may not have an edge. But i certainly do not. When the time comes i'm going in a low cost index fund.
Also I still think the market overall is expensive given what you've analyzed. I'm very cheap, so i probably will think the market is expensive for another 10-15% drop. then i'll buy back in.