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Old 5 February 2018, 20:35
edd1e22 edd1e22 is offline
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Financial market turmoil

Has anyone been looking at their 401k/IRA's? 10Y treasury crack 2.75 and then the market dropped 500 Friday and another 1200 today. I suspect today's activity was the result of etf/algorithmic selling.

Some say this is the catalyst but this next week should be telling especially, if we don't have a bump tmw.

Anyone else in the market have any thoughts?
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Old 5 February 2018, 21:18
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Anyone else in the market have any thoughts?
Buy low - sell high...

The trend is your friend...
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Old 5 February 2018, 21:24
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Buy low - sell high...

The trend is your friend...
Yep... haven't touched my 401K, but I bought back into the market today with my play investments. If the market keeps going down I'll increase my contributions in my 401K to max.
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Old 5 February 2018, 21:29
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Considering the Dow is still in the mid 20K's I think its a bump to watch but not an indicator that I should move my % of funds out unless the trend continues. It might slide a little more and then stabilize. Heard that a Fox news reporter was yelling that the sky is falling.
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Old 5 February 2018, 21:33
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Stocks were too high and the market is due for a correction. Interest rates are coming up and people are retreating to bonds with guaranteed returns.

Add in to the equation the monetary supply was inflated by QE1, QE2, QEi, and it is time to find a safe haven until the market corrects.

Past performance is no guarantee. JMHO.
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Old 5 February 2018, 21:36
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This is what the market does. If it didn't move there would be no money to be made. I am all in and not changing anything. I will still make money, and if it stays down for a couple of dividend cycles I will be buying shares on sale.
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Old 5 February 2018, 21:44
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Old 5 February 2018, 21:52
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The market literally, not figuratively, was looking like a hockey stick the last few years. The growth was absolutely unreal and completely fake, IMO. A 26000 DOW is ridiculous. This market is so juiced to the gills by fed dark pool money that the largest numerical drop in stock market history (yes, EVER) didn't trigger any of the auto killswitches. That should tell you something.

We would have to have an entire week of similar magnitude sell offs to get down to fair market value, IMO. If brokers aren't flinging themselves off of rooftops, then chances are there's not really that much to be worried about. Not yet anyway. I've been in the "economic collapse" mindset since the FED started Q1 back in the day, and still believe it's going to happen. Just don't think this is it (yet).

Otherwise, looks like that economist magazine cover was a prophecy after all....
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Old 5 February 2018, 21:59
8654maine 8654maine is offline
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Well...my correspondence with the Nigerian prince who needs a money transfer came at just the right time.

Good thing I was able to cash my 401k and help out my Nigerian friend. Hopefully, I'll be seeing my entire retirement fund triple in about 1-2 wks as soon as my wire transfer gets that trapped money out of Nigeria.

Bitcoin & Dow Jones can suck it!
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Old 5 February 2018, 22:12
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I’ve been expecting a correction so I’ve been playing it conservative the last year. I’m in it for the long haul, but I also have cash to pump in once it hits bottom.
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Old 5 February 2018, 22:56
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We're way over due for a correction. Good buy-in prices.

The Dow futures for March were in the low 24000s. So, I still expect a bit more a sell off.
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Old 5 February 2018, 23:33
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I have gotten creamed in the past two days. I am down maybe 7%. Need to remain disciplined....the dollars are real and it is oh so tempting to cash out to stay the bleeding.....stay on target, stay on target.....
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Old 6 February 2018, 00:02
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https://www.thestreet.com/story/14309564/1/federal-reserve-system.html

The CEO of Euro Pacific Capital is openly saying that the market dive may be intentional sabotage by Federal Reserve leaders seeking to undermine POTUS Trump by kneecapping the economic gains brought by his tax policies. Note that this is not a conspiracy theory being floated by a dude who lives in a van down by the river, but by a businessman with a net worth north of $70 million. His take is that if POTUS is emboldened by his party gaining seats in Congress he may feel confident enough to audit the Fed, and the most effective way for them to decrease the likelihood of any of that is to induce a recession through election day.
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Old 6 February 2018, 00:26
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This is all noise. The market goes up and down but has consistently gone up for around a hundred years through the Great Depression, two world wars, the mortgage crisis, etc. This is nothing and I'm not remotely considering changing a thing. If anyone knew when to sell they'd have done it already. Here's an interesting article on the ups and downs of the market.

http://awealthofcommonsense.com/2014...-market-timer/
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Old 6 February 2018, 01:38
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The markets are realizing that the economy was showing enough consistency that the spigot of easy money from the Fed is much more likely to come to a close. Guess we'll see if the economy can sustain itself without near zero interest loan money pouring into the banks from Uncle Sugar.
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Old 6 February 2018, 01:47
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Perspective:

https://www.marketwatch.com/story/do...300-2018-02-05
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Old 6 February 2018, 01:51
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In 2008 governments around the world stuck a band aid on a gangrenous limb, the worst is yet to come. The reason that the stock markets around were so high is because corporations themselves were purchasing their own shares. A bit like tumbler making coins out of thin air in order to purchase bitcoin.
You couldn't make this shit up.
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Old 6 February 2018, 04:45
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Quote:
Originally Posted by sixgun View Post
Buy low - sell high...

The trend is your friend...
Quote:
Originally Posted by Fu King Lawyer View Post
Stocks were too high and the market is due for a correction. Interest rates are coming up and people are retreating to bonds with guaranteed returns.

Add in to the equation the monetary supply was inflated by QE1, QE2, QEi, and it is time to find a safe haven until the market corrects.

Past performance is no guarantee. JMHO.
Quote:
Originally Posted by Justaclerk View Post
In for the long haul, no changes.
Quote:
Originally Posted by Massgrunt View Post
This is all noise. The market goes up and down but has consistently gone up for around a hundred years through the Great Depression, two world wars, the mortgage crisis, etc. This is nothing and I'm not remotely considering changing a thing. If anyone knew when to sell they'd have done it already. Here's an interesting article on the ups and downs of the market.

http://awealthofcommonsense.com/2014...-market-timer/
“That’s a bingo”. I’m DCAing my 401k throughout the year and have some buys planned. My only issue is pulling liquidity out from another planned investment to put in the market when it corrects. All I see are opportunities.
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Old 6 February 2018, 09:42
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Originally Posted by Dark Helmet View Post
I have gotten creamed in the past two days. I am down maybe 7%. Need to remain disciplined....the dollars are real and it is oh so tempting to cash out to stay the bleeding.....stay on target, stay on target.....
Soooo, I've had 50K in savings...and thought WTH is it doing in savings? I need to put it into mutual funds. Just transferred everything into 3 Vanguard index funds....and then this happened not 3 days later.
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Old 6 February 2018, 09:56
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Quote:
Originally Posted by ET1/ss nuke View Post
https://www.thestreet.com/story/14309564/1/federal-reserve-system.html

The CEO of Euro Pacific Capital is openly saying that the market dive may be intentional sabotage by Federal Reserve leaders seeking to undermine POTUS Trump by kneecapping the economic gains brought by his tax policies.
Yeah, I thought it was odd that the stock market was hammered the very day the memo was released. Then Monday, when POTUS announced aboard AF1 that a new probe into the FBI and DOJ was approved the market takes it's biggest loss in history. All against the Deep State/Shadow govt which has it's org chart stretching across govt and private firms, giving it significantly more capability than if it were just contained to either of those two sectors alone.

Of course, it's all just "conspiretard tin foil theories!!!" **insert seal barking/clapping here** and nothing like that could ever happen in this country. Ever. Because reasons I was told on TV.
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