Corrections from time to time are good for the market long term. Smart money starts buying soon for long term gains.madhatter wrote:thanks captain obvious, yeah a correction is/was more than overdue and the DOW is now in correction territory, the question is what's next? more QE? will it matter?big market gains?, more losses?, the fed is looking for an exit strategy and seemingly doesn't have one...what about oil? 40 bux/bbl has a lot of implications worldwide...have central banks lost control? we've had virtual ZIRP for 7 years now, it hasn't helped japan who's had the same for 25 or so years now...Bubba wrote:The market was due for a correction, defined as 10%. I think we've about gotten there.
market selloff
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Re: market selloff
"Abandon hope all ye who enter here"
Killington Zone
You can checkout any time you like,
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"The test of a first-rate intelligence is the ability to hold two opposed ideas in mind at the same time and still retain the ability to function" =
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Killington Zone
You can checkout any time you like,
but you can never leave
"The test of a first-rate intelligence is the ability to hold two opposed ideas in mind at the same time and still retain the ability to function" =
F. Scott Fitzgerald
"There's nothing more frightening than ignorance in action" - Johann Wolfgang von Goethe
Re: market selloff
when? where is the smart money NOW? where HAS it been?Bubba wrote:Corrections from time to time are good for the market long term. Smart money starts buying soon for long term gains.madhatter wrote:thanks captain obvious, yeah a correction is/was more than overdue and the DOW is now in correction territory, the question is what's next? more QE? will it matter?big market gains?, more losses?, the fed is looking for an exit strategy and seemingly doesn't have one...what about oil? 40 bux/bbl has a lot of implications worldwide...have central banks lost control? we've had virtual ZIRP for 7 years now, it hasn't helped japan who's had the same for 25 or so years now...Bubba wrote:The market was due for a correction, defined as 10%. I think we've about gotten there.
mach es sehr schnell
'exponential reciprocation'- The practice of always giving back more than you take....
'exponential reciprocation'- The practice of always giving back more than you take....
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Re: market selloff
Waiting for a correction?madhatter wrote:when? where is the smart money NOW? where HAS it been?Bubba wrote:Corrections from time to time are good for the market long term. Smart money starts buying soon for long term gains.madhatter wrote:thanks captain obvious, yeah a correction is/was more than overdue and the DOW is now in correction territory, the question is what's next? more QE? will it matter?big market gains?, more losses?, the fed is looking for an exit strategy and seemingly doesn't have one...what about oil? 40 bux/bbl has a lot of implications worldwide...have central banks lost control? we've had virtual ZIRP for 7 years now, it hasn't helped japan who's had the same for 25 or so years now...Bubba wrote:The market was due for a correction, defined as 10%. I think we've about gotten there.
"Abandon hope all ye who enter here"
Killington Zone
You can checkout any time you like,
but you can never leave
"The test of a first-rate intelligence is the ability to hold two opposed ideas in mind at the same time and still retain the ability to function" =
F. Scott Fitzgerald
"There's nothing more frightening than ignorance in action" - Johann Wolfgang von Goethe
Killington Zone
You can checkout any time you like,
but you can never leave
"The test of a first-rate intelligence is the ability to hold two opposed ideas in mind at the same time and still retain the ability to function" =
F. Scott Fitzgerald
"There's nothing more frightening than ignorance in action" - Johann Wolfgang von Goethe
Re: market selloff
so who's in now? the stupid money?Bubba wrote:Waiting for a correction?madhatter wrote:when? where is the smart money NOW? where HAS it been?Bubba wrote:Corrections from time to time are good for the market long term. Smart money starts buying soon for long term gains.madhatter wrote:thanks captain obvious, yeah a correction is/was more than overdue and the DOW is now in correction territory, the question is what's next? more QE? will it matter?big market gains?, more losses?, the fed is looking for an exit strategy and seemingly doesn't have one...what about oil? 40 bux/bbl has a lot of implications worldwide...have central banks lost control? we've had virtual ZIRP for 7 years now, it hasn't helped japan who's had the same for 25 or so years now...Bubba wrote:The market was due for a correction, defined as 10%. I think we've about gotten there.
mach es sehr schnell
'exponential reciprocation'- The practice of always giving back more than you take....
'exponential reciprocation'- The practice of always giving back more than you take....
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Re: market selloff
Long term investors who know that one just rides these things out.madhatter wrote:so who's in now? the stupid money?Bubba wrote:
Waiting for a correction?
"Abandon hope all ye who enter here"
Killington Zone
You can checkout any time you like,
but you can never leave
"The test of a first-rate intelligence is the ability to hold two opposed ideas in mind at the same time and still retain the ability to function" =
F. Scott Fitzgerald
"There's nothing more frightening than ignorance in action" - Johann Wolfgang von Goethe
Killington Zone
You can checkout any time you like,
but you can never leave
"The test of a first-rate intelligence is the ability to hold two opposed ideas in mind at the same time and still retain the ability to function" =
F. Scott Fitzgerald
"There's nothing more frightening than ignorance in action" - Johann Wolfgang von Goethe
Re: market selloff
so stay the course for all eternity? What good is a downward ride? especially a large one like the lehman event? is another lehman event in the near future? distant future? both? at what point do central banks "lose control"? ( as some assert china already has)or do central banks always manage to keep things from imploding?Bubba wrote:Long term investors who know that one just rides these things out.madhatter wrote:so who's in now? the stupid money?Bubba wrote:
Waiting for a correction?
mach es sehr schnell
'exponential reciprocation'- The practice of always giving back more than you take....
'exponential reciprocation'- The practice of always giving back more than you take....
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Re: market selloff
Pulled the buy lever again. Time to make some heli skiing money.junior wrote:Time to buy again.
Or maybe wait another day or three. Tanking again today.
If my words did glow with the gold of sunshine.
Re: market selloff
This the bottom?Guy in Shorts wrote:Pulled the buy lever again. Time to make some heli skiing money.junior wrote:Time to buy again.
Or maybe wait another day or three. Tanking again today.
Re: market selloff
for now.... totally unrelated china having no effect by lowering it's rates, well except for that 600+ pt futures bounce...junior wrote:This the bottom?Guy in Shorts wrote:Pulled the buy lever again. Time to make some heli skiing money.junior wrote:Time to buy again.
Or maybe wait another day or three. Tanking again today.
mach es sehr schnell
'exponential reciprocation'- The practice of always giving back more than you take....
'exponential reciprocation'- The practice of always giving back more than you take....
Re: market selloff
Where Does The Market Go From Here: Two Opposing Views
http://www.zerohedge.com/news/2015-08-2 ... sing-views" onclick="window.open(this.href);return false;
related note: futures disappoint...
http://www.zerohedge.com/news/2015-08-2 ... sing-views" onclick="window.open(this.href);return false;
related note: futures disappoint...
mach es sehr schnell
'exponential reciprocation'- The practice of always giving back more than you take....
'exponential reciprocation'- The practice of always giving back more than you take....
Re: market selloff
I bought in at the close yesterday too.Guy in Shorts wrote:Pulled the buy lever again. Time to make some heli skiing money.junior wrote:Time to buy again.
Or maybe wait another day or three. Tanking again today.
Never argue with idiots. They will bring you down to their level, then overwhelm you with their experience.
"I have noticed that when you post, you often say more about yourself than the topic you chose to speak about." -The Suit
"I have noticed that when you post, you often say more about yourself than the topic you chose to speak about." -The Suit
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- Post Traumatic Stress Syndrome
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- Joined: Mar 29th, '12, 18:27
- Location: KMP Island
Re: market selloff
Only spent 30% of my cash stash as some dollar cost averaging is smart in case the drop continues.junior wrote:Dropped again late....
If my words did glow with the gold of sunshine.
Re: market selloff
Thought of Madhatter when I saw this.....