U.S. stocks in free fall

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MotoTrojan
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Re: U.S. stocks in free fall

Post by MotoTrojan »

fortfun wrote: Sun May 05, 2019 9:22 pm
dougger5 wrote: Sun May 05, 2019 9:20 pm I have my Market Timing Lite® play all set up: Limit order for 1 share of VTI at ~1.5% below Friday's close.

YOLO!!1!
H-town says to move it to 5% :shock:
China kissed those levels already.
H-Town
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Re: U.S. stocks in free fall

Post by H-Town »

dougger5 wrote: Sun May 05, 2019 9:36 pm
fortfun wrote: Sun May 05, 2019 9:22 pm
dougger5 wrote: Sun May 05, 2019 9:20 pm I have my Market Timing Lite® play all set up: Limit order for 1 share of VTI at ~1.5% below Friday's close.

YOLO!!1!
H-town says to move it to 5% :shock:
Would not surprise me if it touched that intraday. Meh, I'll be fine if I catch my falling butter knife.

Incidentally, every time I see a post by H-Town, it reminds me of a personal connection I have to their screen name. Can't be more specific without personal ID stuff.
https://www.marketwatch.com/story/asian ... o_homepage

Asian markets plunge 3-5% and keep going down. Future S&P 500 is down more than 2%. If things got worse, maybe they'll give tomorrow a catchy name someday...
MotoTrojan
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Re: U.S. stocks in free fall

Post by MotoTrojan »

H-Town wrote: Sun May 05, 2019 11:15 pm
dougger5 wrote: Sun May 05, 2019 9:36 pm
fortfun wrote: Sun May 05, 2019 9:22 pm
dougger5 wrote: Sun May 05, 2019 9:20 pm I have my Market Timing Lite® play all set up: Limit order for 1 share of VTI at ~1.5% below Friday's close.

YOLO!!1!
H-town says to move it to 5% :shock:
Would not surprise me if it touched that intraday. Meh, I'll be fine if I catch my falling butter knife.

Incidentally, every time I see a post by H-Town, it reminds me of a personal connection I have to their screen name. Can't be more specific without personal ID stuff.
https://www.marketwatch.com/story/asian ... o_homepage

Asian markets plunge 3-5% and keep going down. Future S&P 500 is down more than 2%. If things got worse, maybe they'll give tomorrow a catchy name someday...
The Twitter Tumble.
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J G Bankerton
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Re: U.S. stocks in free fall

Post by J G Bankerton »

H-Town wrote: Sun May 05, 2019 11:15 pm
Asian markets plunge 3-5% and keep going down. Future S&P 500 is down more than 2%. If things got worse, maybe they'll give tomorrow a catchy name someday...
MotoTrojan wrote: Sun May 05, 2019 11:17 pm
The Twitter Tumble.
Twitter is banned in China.


It's just another manic Monday.


Catch the falling knife, buy the "V".
Last edited by J G Bankerton on Mon May 06, 2019 4:08 am, edited 1 time in total.
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NotYourAverageJones
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Re: U.S. stocks in free fall

Post by NotYourAverageJones »

MotoTrojan wrote: Sun May 05, 2019 11:17 pm
H-Town wrote: Sun May 05, 2019 11:15 pm
dougger5 wrote: Sun May 05, 2019 9:36 pm
fortfun wrote: Sun May 05, 2019 9:22 pm
dougger5 wrote: Sun May 05, 2019 9:20 pm I have my Market Timing Lite® play all set up: Limit order for 1 share of VTI at ~1.5% below Friday's close.

YOLO!!1!
H-town says to move it to 5% :shock:
Would not surprise me if it touched that intraday. Meh, I'll be fine if I catch my falling butter knife.

Incidentally, every time I see a post by H-Town, it reminds me of a personal connection I have to their screen name. Can't be more specific without personal ID stuff.
https://www.marketwatch.com/story/asian ... o_homepage

Asian markets plunge 3-5% and keep going down. Future S&P 500 is down more than 2%. If things got worse, maybe they'll give tomorrow a catchy name someday...
The Twitter Tumble.
hahah...2 Tweets that started it all...Thanks for another stock sale Trump! :moneybag
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ruralavalon
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Re: U.S. stocks in free fall

Post by ruralavalon »

willthrill81 wrote: Sun May 05, 2019 10:37 pm
nedsaid wrote: Sun May 05, 2019 7:36 pm It is still Sunday and the markets won't open until Monday morning. Amazing that even futures being down can cause this thread to pop up again.
This forum and thread in particular seem to attract a lot of nervous nellies. Of course, we want a lot of people to have grave concerns about stocks or else they'll stop going up. :wink:
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J G Bankerton
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Re: U.S. stocks in free fall

Post by J G Bankerton »

Charlie Munger, Warren Buffett and Bill Gates are on CNBC live form Omaha and they don't seem worried. Well Bill is a bit concerned but not much. I would buy early before the buy the dips types wake up.
This is a trade war not a real war, no problem.
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TheTimeLord
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Re: U.S. stocks in free fall

Post by TheTimeLord »

J G Bankerton wrote: Mon May 06, 2019 7:11 am Charlie Munger, Warren Buffett and Bill Gates are on CNBC live form Omaha and they don't seem worried. Well Bill is a bit concerned but not much. I would buy early before the buy the dips types wake up.
This is a trade war not a real war, no problem.
Markets move on probabilities not certainties and the probabilities were altered over the weekend.
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J G Bankerton
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Re: U.S. stocks in free fall

Post by J G Bankerton »

TheTimeLord wrote: Mon May 06, 2019 7:16 am
J G Bankerton wrote: Mon May 06, 2019 7:11 am Charlie Munger, Warren Buffett and Bill Gates are on CNBC live form Omaha and they don't seem worried. Well Bill is a bit concerned but not much. I would buy early before the buy the dips types wake up.
This is a trade war not a real war, no problem.
Markets move on probabilities not certainties and the probabilities were altered over the weekend.
The fundamentals are solid and an efficient market will eventually get it right.

US did send a carrier strike group into the South China Sea after a Chinese admiral said:
‘We’ll see how frightened America is’ — Chinese admiral says sinking US carriers key to dominating South China Sea.
If there is an attempt to sink a carrier I would buy stock in companies who have large military contracts.
Gufomel
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Re: U.S. stocks in free fall

Post by Gufomel »

S&P opens all the way back to 4/22 levels and close to intra-day 5/2.

Hope your retirements are still intact folks!!!
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Re: U.S. stocks in free fall

Post by willthrill81 »

Gufomel wrote: Mon May 06, 2019 8:36 am S&P opens all the way back to 4/22 levels and close to intra-day 5/2.

Hope your retirements are still intact folks!!!
You don't mean that we may have to 'give back' the last two weeks of returns do you?

Ma! Time to head for the hills!!
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Re: U.S. stocks in free fall

Post by goodenyou »

J G Bankerton wrote: Mon May 06, 2019 7:28 am
TheTimeLord wrote: Mon May 06, 2019 7:16 am
J G Bankerton wrote: Mon May 06, 2019 7:11 am Charlie Munger, Warren Buffett and Bill Gates are on CNBC live form Omaha and they don't seem worried. Well Bill is a bit concerned but not much. I would buy early before the buy the dips types wake up.
This is a trade war not a real war, no problem.
Markets move on probabilities not certainties and the probabilities were altered over the weekend.
The fundamentals are solid and an efficient market will eventually get it right.

US did send a carrier strike group into the South China Sea after a Chinese admiral said:
‘We’ll see how frightened America is’ — Chinese admiral says sinking US carriers key to dominating South China Sea.
If there is an attempt to sink a carrier I would buy stock in companies who have large military contracts.
Just be sure to get the asset allocation right with war bonds.
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J G Bankerton
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Re: U.S. stocks in free fall

Post by J G Bankerton »

On May 2ed I bought VTI at 149, today I bought some at 148.19. It doesn't look like my limit order of 147.75 will execute.
I'm a bit disappointed.
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TheTimeLord
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Re: U.S. stocks in free fall

Post by TheTimeLord »

J G Bankerton wrote: Mon May 06, 2019 9:40 am On May 2ed I bought VTI at 149, today I bought some at 148.19. It doesn't look like my limit order of 147.75 will execute.
I'm a bit disappointed.
I bought iShares China Large-Cap ETF (FXI) instead of VTI.
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AerialWombat
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Re: U.S. stocks in free fall

Post by AerialWombat »

I’m up 0.12% today so far.

Days like this are why I’m 30/70.
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TheTimeLord
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Re: U.S. stocks in free fall

Post by TheTimeLord »

AerialWombat wrote: Mon May 06, 2019 10:41 am I’m up 0.12% today so far.

Days like this are why I’m 30/70.
Do you feel less pressure/urgency to take risk because you are still working? If so I believe I can relate.
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DanMahowny
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Re: U.S. stocks in free fall

Post by DanMahowny »

AerialWombat wrote: Mon May 06, 2019 10:41 am I’m up 0.12% today so far.

Days like this are why I’m 30/70.
You're beating me, man. I'm only +0.09%.

This is normal (doesn't matter very much what the market is doing).
Funding secured
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J G Bankerton
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Re: U.S. stocks in free fall

Post by J G Bankerton »

TheTimeLord wrote: Mon May 06, 2019 9:50 am
J G Bankerton wrote: Mon May 06, 2019 9:40 am On May 2ed I bought VTI at 149, today I bought some at 148.19. It doesn't look like my limit order of 147.75 will execute.
I'm a bit disappointed.
I bought iShares China Large-Cap ETF (FXI) instead of VTI.
My foreign holdings are on hold. I was at 20% foreign and am dropping to 10%; not by selling just not buying until I'm there. I gave up on sector funds, it is now VTI, VXUS and emergency cash VMMXX.

FXI could be the mother of all dip buying opportunities if/when there is an trade agreement. VTI and FXI are both up about 0.9% from today's open.
This is so un-Boglehead but fun. :mrgreen:
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TheTimeLord
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Re: U.S. stocks in free fall

Post by TheTimeLord »

J G Bankerton wrote: Mon May 06, 2019 10:55 am
TheTimeLord wrote: Mon May 06, 2019 9:50 am
J G Bankerton wrote: Mon May 06, 2019 9:40 am On May 2ed I bought VTI at 149, today I bought some at 148.19. It doesn't look like my limit order of 147.75 will execute.
I'm a bit disappointed.
I bought iShares China Large-Cap ETF (FXI) instead of VTI.
My foreign holdings are on hold. I was at 20% foreign and am dropping to 10%; not by selling just not buying until I'm there. I gave up on sector funds, it is now VTI, VXUS and emergency cash VMMXX.

FXI could be the mother of all dip buying opportunities if/when there is an trade agreement. VTI and FXI are both up about 0.9% from today's open.
This is so un-Boglehead but fun. :mrgreen:
I haven't held any International for about 2 years and even then it was a very small percentage of my portfolio. Personally I am not interested in being World Cap (not that it is bad strategy) but for me there are less than a dozen countries in the world I would want to invest in currently and the creation of country ETF let's me do that if I choose. Years ago I held a Norway ETF, which I imagine not a lot of people can say.
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BeneIRA
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Re: U.S. stocks in free fall

Post by BeneIRA »

After all of the supposed drama, DOW is down 67 points as of 3:19 EST, or 0.25% of a decline which is effectively nothing. Just another day.
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Tycoon
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Re: U.S. stocks in free fall

Post by Tycoon »

More useless predictions. What a waste of time.
Emotionless, prognostication free investing. Ignoring the noise and economists since 1979. Getting rich off of "smart people's" behavioral mistakes.
MotoTrojan
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Re: U.S. stocks in free fall

Post by MotoTrojan »

BeneIRA wrote: Mon May 06, 2019 2:21 pm After all of the supposed drama, DOW is down 67 points as of 3:19 EST, or 0.25% of a decline which is effectively nothing. Just another day.
China is hurting a bit more.
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J G Bankerton
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Re: U.S. stocks in free fall

Post by J G Bankerton »

BeneIRA wrote: Mon May 06, 2019 2:21 pm After all of the supposed drama, DOW is down 67 points as of 3:19 EST, or 0.25% of a decline which is effectively nothing. Just another day.
It was the three percent swing that made it fun.,
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TheTimeLord
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Re: U.S. stocks in free fall

Post by TheTimeLord »

BeneIRA wrote: Mon May 06, 2019 2:21 pm After all of the supposed drama, DOW is down 67 points as of 3:19 EST, or 0.25% of a decline which is effectively nothing. Just another day.
No drama if you own mutual funds, some drama if you have or trade ETFs.
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Re: U.S. stocks in free fall

Post by ohai »

Just because the mutual funds don't publish intraday prices doesn't mean their values were not volatile.
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Re: U.S. stocks in free fall

Post by nedsaid »

BeneIRA wrote: Mon May 06, 2019 2:21 pm After all of the supposed drama, DOW is down 67 points as of 3:19 EST, or 0.25% of a decline which is effectively nothing. Just another day.
Yep. The predicted really bad day was a fizzle. The Nazz down 40.71 or -0.50%, the S&P Down 13.17 or -0.45%, the Dow down 66.47 or -0.25%. Not a stock up on ammo, food, and water day.
A fool and his money are good for business.
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Re: U.S. stocks in free fall

Post by Cody6136 »

nedsaid wrote: Mon May 06, 2019 4:27 pm
BeneIRA wrote: Mon May 06, 2019 2:21 pm After all of the supposed drama, DOW is down 67 points as of 3:19 EST, or 0.25% of a decline which is effectively nothing. Just another day.
Yep. The predicted really bad day was a fizzle. The Nazz down 40.71 or -0.50%, the S&P Down 13.17 or -0.45%, the Dow down 66.47 or -0.25%. Not a stock up on ammo, food, and water day.
I beg your pardon. Out here in Montana, each and every day is an ammo day.
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Re: U.S. stocks in free fall

Post by dougger5 »

J G Bankerton wrote: Mon May 06, 2019 9:40 am On May 2ed I bought VTI at 149, today I bought some at 148.19. It doesn't look like my limit order of 147.75 will execute.
I'm a bit disappointed.
148.19 is where my limit order executed - I had it set for 148.36 :beer

That must have been about where it opened - execution time was 9:33.
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Re: U.S. stocks in free fall

Post by dknightd »

wake me up if US stocks go down 20%
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Re: U.S. stocks in free fall

Post by dogagility »

dknightd wrote: Mon May 06, 2019 7:49 pm wake me up if US stocks go down 20%
Wake me up when stocks are down for ten years
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AerialWombat
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Re: U.S. stocks in free fall

Post by AerialWombat »

TheTimeLord wrote: Mon May 06, 2019 10:43 am
AerialWombat wrote: Mon May 06, 2019 10:41 am I’m up 0.12% today so far.

Days like this are why I’m 30/70.
Do you feel less pressure/urgency to take risk because you are still working? If so I believe I can relate.
I choose to take my risk elsewhere, because I cannot stomach the day to day volatility of equities, and also because I have zero ability to control value.
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TheTimeLord
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Re: U.S. stocks in free fall

Post by TheTimeLord »

J G Bankerton wrote: Mon May 06, 2019 10:55 am
TheTimeLord wrote: Mon May 06, 2019 9:50 am
J G Bankerton wrote: Mon May 06, 2019 9:40 am On May 2ed I bought VTI at 149, today I bought some at 148.19. It doesn't look like my limit order of 147.75 will execute.
I'm a bit disappointed.
I bought iShares China Large-Cap ETF (FXI) instead of VTI.
My foreign holdings are on hold. I was at 20% foreign and am dropping to 10%; not by selling just not buying until I'm there. I gave up on sector funds, it is now VTI, VXUS and emergency cash VMMXX.

FXI could be the mother of all dip buying opportunities if/when there is an trade agreement. VTI and FXI are both up about 0.9% from today's open.
This is so un-Boglehead but fun. :mrgreen:
May get another bite at the apple tomorrow.
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AerialWombat
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Re: U.S. stocks in free fall

Post by AerialWombat »

As one of, if not the, longest active threads on this forum, do any of you actually get anything practical out of it? Or is this thread 100% for fun?
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Re: U.S. stocks in free fall

Post by robertmcd »

dogagility wrote: Mon May 06, 2019 8:05 pm
dknightd wrote: Mon May 06, 2019 7:49 pm wake me up if US stocks go down 20%
Wake me up when stocks are down for ten years
Stock start dropping, treasury yields start dropping, stocks recover cause of lower treasury yields. Like clockwork. Just own the treasuries that give you risk parity. Cash will continue to lose double digits per year in asset price inflation at this rate. Just think, will cash ever be allowed to be a good investment again? The answer is no, because it would collapse everything.
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Re: U.S. stocks in free fall

Post by jbranx »

{I deleted off-topic posts about ammunition.}
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Re: U.S. stocks in free fall

Post by DonIce »

robertmcd wrote: Mon May 06, 2019 10:59 pm
dogagility wrote: Mon May 06, 2019 8:05 pm
dknightd wrote: Mon May 06, 2019 7:49 pm wake me up if US stocks go down 20%
Wake me up when stocks are down for ten years
Stock start dropping, treasury yields start dropping, stocks recover cause of lower treasury yields. Like clockwork. Just own the treasuries that give you risk parity. Cash will continue to lose double digits per year in asset price inflation at this rate. Just think, will cash ever be allowed to be a good investment again? The answer is no, because it would collapse everything.
When has cash ever been a good "investment"? Over the last 10 years, it's been the least bad that it could be, given inflation rates have been very low.
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TheTimeLord
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Re: U.S. stocks in free fall

Post by TheTimeLord »

DonIce wrote: Mon May 06, 2019 11:34 pm
robertmcd wrote: Mon May 06, 2019 10:59 pm
dogagility wrote: Mon May 06, 2019 8:05 pm
dknightd wrote: Mon May 06, 2019 7:49 pm wake me up if US stocks go down 20%
Wake me up when stocks are down for ten years
Stock start dropping, treasury yields start dropping, stocks recover cause of lower treasury yields. Like clockwork. Just own the treasuries that give you risk parity. Cash will continue to lose double digits per year in asset price inflation at this rate. Just think, will cash ever be allowed to be a good investment again? The answer is no, because it would collapse everything.
When has cash ever been a good "investment"? Over the last 10 years, it's been the least bad that it could be, given inflation rates have been very low.
2018?
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clip651
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Re: U.S. stocks in free fall

Post by clip651 »

AerialWombat wrote: Mon May 06, 2019 10:11 pm As one of, if not the, longest active threads on this forum, do any of you actually get anything practical out of it? Or is this thread 100% for fun?
For me personally, mostly this thread is entertaining.

But this thread has at times alerted me to possible tax loss harvest opportunities, since I don't follow the market or my accounts closely day to day. (Lots of other times though, the thread is active and I'm nowhere near a chance to TLH.)

And it helps me stay the course to hear the doubts, fears, and jokes about doubts and fears, from other posters.

I suspect other posters may have other minor practical uses for this thread, including a chance to joke about their doubts and fears on a day to day basis.

cj
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Re: U.S. stocks in free fall

Post by SocalLiving »

AerialWombat wrote: Mon May 06, 2019 10:11 pm As one of, if not the, longest active threads on this forum, do any of you actually get anything practical out of it? Or is this thread 100% for fun?
This thread has been very useful to me the past few years. Big drops in the market can be unsettling for new investors, even if you are completely committed to your AA and staying the course. The headlines are sensational and scary and full of advice to take action. I come to this thread and read the posts from members who have been invested in the market a lot longer than me. The people who are posting their fear and doubts often echo the worries of a lot of investors. Reading the fun and calm responses on this thread is all the action I take when markets are down.

I can imagine when we are no longer in a bull market, this thread will be even more needed to steady nerves.
columbia
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Re: U.S. stocks in free fall

Post by columbia »

SocalLiving wrote: Tue May 07, 2019 7:52 am
AerialWombat wrote: Mon May 06, 2019 10:11 pm As one of, if not the, longest active threads on this forum, do any of you actually get anything practical out of it? Or is this thread 100% for fun?
This thread has been very useful to me the past few years. Big drops in the market can be unsettling for new investors, even if you are completely committed to your AA and staying the course. The headlines are sensational and scary and full of advice to take action. I come to this thread and read the posts from members who have been invested in the market a lot longer than me. The people who are posting their fear and doubts often echo the worries of a lot of investors. Reading the fun and calm responses on this thread is all the action I take when markets are down.

I can imagine when we are no longer in a bull market, this thread will be even more needed to steady nerves.
Just wait until Friday. ;)
robertmcd
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Re: U.S. stocks in free fall

Post by robertmcd »

TheTimeLord wrote: Tue May 07, 2019 7:19 am
DonIce wrote: Mon May 06, 2019 11:34 pm
robertmcd wrote: Mon May 06, 2019 10:59 pm
dogagility wrote: Mon May 06, 2019 8:05 pm
dknightd wrote: Mon May 06, 2019 7:49 pm wake me up if US stocks go down 20%
Wake me up when stocks are down for ten years
Stock start dropping, treasury yields start dropping, stocks recover cause of lower treasury yields. Like clockwork. Just own the treasuries that give you risk parity. Cash will continue to lose double digits per year in asset price inflation at this rate. Just think, will cash ever be allowed to be a good investment again? The answer is no, because it would collapse everything.
When has cash ever been a good "investment"? Over the last 10 years, it's been the least bad that it could be, given inflation rates have been very low.
2018?
Correct 2018. And how quickly did the global money supply reverse to ensure that did not continue?

And inflation rates have been very low if you are looking at buying toaster ovens in the future with your investments. If you want to buy anything of actual value with your investments in the future such as a ranch, vacation home, college education for your children, etc. inflation has been rampant. No one even agrees on how to define inflation anymore. The only thing I am confident in is that the trend of lower interest rates and higher asset price valuations has no reason not to continue. If we get any hint of asset price deflation, treasury bond yields will collapse again. I predict that we will hit new historical lows in entire the yield curve before the 10 yr ever gets over 3% again.
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Re: U.S. stocks in free fall

Post by ruralavalon »

clip651 wrote: Tue May 07, 2019 7:43 am
AerialWombat wrote: Mon May 06, 2019 10:11 pm As one of, if not the, longest active threads on this forum, do any of you actually get anything practical out of it? Or is this thread 100% for fun?
For me personally, mostly this thread is entertaining.

But this thread has at times alerted me to possible tax loss harvest opportunities, since I don't follow the market or my accounts closely day to day. (Lots of other times though, the thread is active and I'm nowhere near a chance to TLH.)

And it helps me stay the course to hear the doubts, fears, and jokes about doubts and fears, from other posters.

I suspect other posters may have other minor practical uses for this thread, including a chance to joke about their doubts and fears on a day to day basis.

cj
+ 1, some limited uses plus entertainment.
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TheTimeLord
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Re: U.S. stocks in free fall

Post by TheTimeLord »

TheTimeLord wrote: Mon May 06, 2019 9:30 pm
J G Bankerton wrote: Mon May 06, 2019 10:55 am
TheTimeLord wrote: Mon May 06, 2019 9:50 am
J G Bankerton wrote: Mon May 06, 2019 9:40 am On May 2ed I bought VTI at 149, today I bought some at 148.19. It doesn't look like my limit order of 147.75 will execute.
I'm a bit disappointed.
I bought iShares China Large-Cap ETF (FXI) instead of VTI.
My foreign holdings are on hold. I was at 20% foreign and am dropping to 10%; not by selling just not buying until I'm there. I gave up on sector funds, it is now VTI, VXUS and emergency cash VMMXX.

FXI could be the mother of all dip buying opportunities if/when there is an trade agreement. VTI and FXI are both up about 0.9% from today's open.
This is so un-Boglehead but fun. :mrgreen:
May get another bite at the apple tomorrow.
I took a second bite at the FXI apple today.
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HomerJ
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Re: U.S. stocks in free fall

Post by HomerJ »

AerialWombat wrote: Mon May 06, 2019 10:11 pm As one of, if not the, longest active threads on this forum, do any of you actually get anything practical out of it? Or is this thread 100% for fun?
One very important use of this thread is to go back, and read various people, declaring in real-time, that they are absolutely sure, that this time, the market is definitely about to crash big time. And then it doesn't occur.

This happens over and over and over, year after year after year.

All documented in this one 8 year old thread.

It's useful to see that nobody knows enough to predict anything accurately. Helps you to ignore the noise.
A Goldman Sachs associate provided a variety of detailed explanations, but then offered a caveat, “If I’m being dead-### honest, though, nobody knows what’s really going on.”
anoop
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Re: U.S. stocks in free fall

Post by anoop »

HomerJ wrote: Tue May 07, 2019 9:54 am It's useful to see that nobody knows enough to predict anything accurately. Helps you to ignore the noise.
Those who predicted "no crash" were right.
H-Town
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Re: U.S. stocks in free fall

Post by H-Town »

anoop wrote: Tue May 07, 2019 9:59 am
HomerJ wrote: Tue May 07, 2019 9:54 am It's useful to see that nobody knows enough to predict anything accurately. Helps you to ignore the noise.
Those who predicted "no crash" were right.
Even a broken clock is right twice a day. Not that hard to bat sub .100 when they try to "hit the home run" in predicting the market. When it comes to investing, just try to hit singles, not home runs.
michaeljmroger
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Re: U.S. stocks in free fall

Post by michaeljmroger »

Does this qualify as a RBD?
anoop
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Re: U.S. stocks in free fall

Post by anoop »

H-Town wrote: Tue May 07, 2019 10:35 am
anoop wrote: Tue May 07, 2019 9:59 am
HomerJ wrote: Tue May 07, 2019 9:54 am It's useful to see that nobody knows enough to predict anything accurately. Helps you to ignore the noise.
Those who predicted "no crash" were right.
Even a broken clock is right twice a day. Not that hard to bat sub .100 when they try to "hit the home run" in predicting the market. When it comes to investing, just try to hit singles, not home runs.
Not a good analogy because the “no crash” crowd have been right for 10 years now!
LiterallyIronic
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Re: U.S. stocks in free fall

Post by LiterallyIronic »

michaeljmroger wrote: Tue May 07, 2019 10:40 am Does this qualify as a RBD?
I thought the cutoff was -2% or more.
livesoft
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Re: U.S. stocks in free fall

Post by livesoft »

michaeljmroger wrote: Tue May 07, 2019 10:40 am Does this qualify as a RBD?
Goodness, no!
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