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Posted: 4/30/2015 3:20:18 PM EDT
Link Posted: 4/30/2015 3:22:32 PM EDT
Interesting how the market ignores bad news most of the time.
Link Posted: 4/30/2015 3:23:20 PM EDT
Overreaction to latest GDP numbers

I hope
Link Posted: 4/30/2015 3:26:54 PM EDT
It goes up, it goes down. If you can't stomach the losses in the short term, you shouldn't be in the market.

For the past 20 YEARS, I've averaged 10% annual returns. I'm excruciatingly diversified.

Am I worried about today: not in the least.
Link Posted: 4/30/2015 3:27:26 PM EDT
Bush's fault
Link Posted: 4/30/2015 3:36:15 PM EDT
[Last Edit: 4/30/2015 3:36:21 PM EDT by 4thbreak]
So what should we buy?
Link Posted: 4/30/2015 3:36:16 PM EDT
My oil stock jumped 2.75% and the earnings report comes out next, which I think will be positive. I'm looking forward to it.
Link Posted: 4/30/2015 3:43:42 PM EDT
down today, up tomorrow, who knows where it will go other than up in the long term.
Link Posted: 4/30/2015 3:46:17 PM EDT
ZOMG %2 off of all time highs. Everyone panic.
Link Posted: 4/30/2015 3:52:07 PM EDT
My Orange shares (formerly France Telecom) are up 1.52% today. But yeah, today's generally a down day.

Link Posted: 4/30/2015 4:02:46 PM EDT
Since when did a few percent drop in the stock market become a "hammering" or plummeting or whatever term you want for a scary crisis? It reminds me of living in SoCal when one of the few rain storms per year would blow in off the coast and drop 0.25" of rain. All the local weather people would be outside in a raincoat with an umbrella hyping up StormWatch 2010 or StormWatch 2014 like it was going to be 40 days and 40 nights of torrential monsoon downpours. Dunno, maybe just something to all this Wall Street voodoo I'm not privy to where a 1% shift in the DOW really is scary. Doubt it though.
Link Posted: 4/30/2015 4:05:39 PM EDT
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Originally Posted By godzillamax:
Since when did a few percent drop in the stock market become a "hammering" or plummeting or whatever term you want for a scary crisis? It reminds me of living in SoCal when one of the few rain storms per year would blow in off the coast and drop 0.25" of rain. All the local weather people would be outside in a raincoat with an umbrella hyping up StormWatch 2010 or StormWatch 2014 like it was going to be 40 days and 40 nights of torrential monsoon downpours. Dunno, maybe just something to all this Wall Street voodoo I'm not privy to where a 1% shift in the DOW really is scary. Doubt it though.
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Every time the market goes down a couple percent we have one of these thread in GD. People pop Pmags then the marked recovers. Seriously there must be some very worn Pmag covers out there.
Link Posted: 4/30/2015 4:13:10 PM EDT
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Originally Posted By StewartTR:

Every time the market goes down a couple percent we have one of these thread in GD. People pop Pmags then the marked recovers. Seriously there must be some very worn Pmag covers out there.
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Originally Posted By StewartTR:
Originally Posted By godzillamax:
Since when did a few percent drop in the stock market become a "hammering" or plummeting or whatever term you want for a scary crisis? It reminds me of living in SoCal when one of the few rain storms per year would blow in off the coast and drop 0.25" of rain. All the local weather people would be outside in a raincoat with an umbrella hyping up StormWatch 2010 or StormWatch 2014 like it was going to be 40 days and 40 nights of torrential monsoon downpours. Dunno, maybe just something to all this Wall Street voodoo I'm not privy to where a 1% shift in the DOW really is scary. Doubt it though.

Every time the market goes down a couple percent we have one of these thread in GD. People pop Pmags then the marked recovers. Seriously there must be some very worn Pmag covers out there.

Some of us here don't work for the government. We have investments in the stock market.
A 2% drop per day will affect us more than the threads about Japanese game shows or Popeye's chicken.
Link Posted: 4/30/2015 4:16:00 PM EDT
It's gone down ever since I signed up for a god damn roth IRA last week.

Sorry guys I am just bad luck.
Link Posted: 4/30/2015 4:22:40 PM EDT
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Originally Posted By Vengeance6661:
It's gone down ever since I signed up for a god damn roth IRA last week.

Sorry guys I am just bad luck.
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Not to mention have you ever noticed that it seems to take the biggest shits on the day you get paid like in today?
The 17% that came out of my check today got evaporated.
Link Posted: 4/30/2015 4:25:59 PM EDT
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Originally Posted By Vengeance6661:
It's gone down ever since I signed up for a god damn roth IRA last week.

Sorry guys I am just bad luck.
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Story of my investment life.

Newly married Flcroc and wife go to see manager, set up Roths, write check in the amount of two (2) Roth max contributions for 1999.
Next year:
Spend a few years getting back to break even.
2008.

I have to look long term, otherwise I lose like a MFer.
Link Posted: 4/30/2015 4:29:02 PM EDT
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Originally Posted By LurchAddams:

Some of us here don't work for the government. We have investments in the stock market.
A 2% drop per day will affect us more than the threads about Japanese game shows or Popeye's chicken.
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Originally Posted By LurchAddams:
Originally Posted By StewartTR:
Originally Posted By godzillamax:
Since when did a few percent drop in the stock market become a "hammering" or plummeting or whatever term you want for a scary crisis? It reminds me of living in SoCal when one of the few rain storms per year would blow in off the coast and drop 0.25" of rain. All the local weather people would be outside in a raincoat with an umbrella hyping up StormWatch 2010 or StormWatch 2014 like it was going to be 40 days and 40 nights of torrential monsoon downpours. Dunno, maybe just something to all this Wall Street voodoo I'm not privy to where a 1% shift in the DOW really is scary. Doubt it though.

Every time the market goes down a couple percent we have one of these thread in GD. People pop Pmags then the marked recovers. Seriously there must be some very worn Pmag covers out there.

Some of us here don't work for the government. We have investments in the stock market.
A 2% drop per day will affect us more than the threads about Japanese game shows or Popeye's chicken.


How did a 2% drop affect you today?
Link Posted: 4/30/2015 4:31:07 PM EDT
I am betting it will gap up and recover a significant part of the loss tomorrow. Does look to be in a short-term downtrend though.
Link Posted: 4/30/2015 4:33:07 PM EDT
UGAZ is up about 30% this week.
Link Posted: 4/30/2015 4:33:11 PM EDT
Get back to me when it drops 10% in a day

Nothing is going to happen. There will be no more market crashes. We are living in a new paradigm. People all over the world are putting their money into US equities.

Where else are you going to put money to earn a return? A savings account with .0005% interest?
Link Posted: 4/30/2015 4:33:58 PM EDT
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Originally Posted By AndrewS:

How did a 2% drop affect you today?
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Discussion ForumsJump to Quoted PostQuote History
Originally Posted By AndrewS:
Originally Posted By LurchAddams:
Originally Posted By StewartTR:
Originally Posted By godzillamax:
Since when did a few percent drop in the stock market become a "hammering" or plummeting or whatever term you want for a scary crisis? It reminds me of living in SoCal when one of the few rain storms per year would blow in off the coast and drop 0.25" of rain. All the local weather people would be outside in a raincoat with an umbrella hyping up StormWatch 2010 or StormWatch 2014 like it was going to be 40 days and 40 nights of torrential monsoon downpours. Dunno, maybe just something to all this Wall Street voodoo I'm not privy to where a 1% shift in the DOW really is scary. Doubt it though.

Every time the market goes down a couple percent we have one of these thread in GD. People pop Pmags then the marked recovers. Seriously there must be some very worn Pmag covers out there.

Some of us here don't work for the government. We have investments in the stock market.
A 2% drop per day will affect us more than the threads about Japanese game shows or Popeye's chicken.

How did a 2% drop affect you today?

My net worth went down by around 0.4% from today's drop.
Link Posted: 4/30/2015 4:36:09 PM EDT
STock market is down, time to sell...
Link Posted: 4/30/2015 4:38:10 PM EDT
[Last Edit: 4/30/2015 4:38:26 PM EDT by gym007]
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Originally Posted By SanchoCobb:
STock market is down, time to sell...
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Sell low, buy high. The retail "investors" strategy.
Link Posted: 4/30/2015 4:38:46 PM EDT
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Originally Posted By LurchAddams:

My net worth went down by around 0.4% from today's drop.
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Discussion ForumsJump to Quoted PostQuote History
Originally Posted By LurchAddams:
Originally Posted By AndrewS:
Originally Posted By LurchAddams:
Originally Posted By StewartTR:
Originally Posted By godzillamax:
Since when did a few percent drop in the stock market become a "hammering" or plummeting or whatever term you want for a scary crisis? It reminds me of living in SoCal when one of the few rain storms per year would blow in off the coast and drop 0.25" of rain. All the local weather people would be outside in a raincoat with an umbrella hyping up StormWatch 2010 or StormWatch 2014 like it was going to be 40 days and 40 nights of torrential monsoon downpours. Dunno, maybe just something to all this Wall Street voodoo I'm not privy to where a 1% shift in the DOW really is scary. Doubt it though.

Every time the market goes down a couple percent we have one of these thread in GD. People pop Pmags then the marked recovers. Seriously there must be some very worn Pmag covers out there.

Some of us here don't work for the government. We have investments in the stock market.
A 2% drop per day will affect us more than the threads about Japanese game shows or Popeye's chicken.

How did a 2% drop affect you today?

My net worth went down by around 0.4% from today's drop.


Again, how did that affect you?
Link Posted: 4/30/2015 4:43:54 PM EDT
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Originally Posted By gunham:
Interesting how the market ignores bad news most of the time.
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Bad news has been good because of the fed and rates
Link Posted: 4/30/2015 4:49:03 PM EDT
[Last Edit: 4/30/2015 4:49:31 PM EDT by PKT1106]
I love how people focus on one leaf on one branch on one tree and miss the entire forest when it comes to the stock market.

I have investments. They have good days, they have bad days, but they grow. I have 30-40 years. I am not getting caught up on one day.

ETA: Unless the market crashes hard and I have some cash to gobble up some cheap stocks.
Link Posted: 4/30/2015 4:55:25 PM EDT
So?
Link Posted: 4/30/2015 4:57:58 PM EDT
Originally Posted By LurchAddams:
Dow & S&P are down 1.3%. Interesting times.
http://finance.yahoo.com/news/shares-fall-weak-results-dollar-184002334.html
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Lies.

This is going to be another Summer Of Recovery. Little green shoots. Shovel-ready jobs.
Link Posted: 4/30/2015 5:04:40 PM EDT
Op is lying. I went all cash two days ago and the market always breaks out to the up side when I do that. So....


TC
Link Posted: 4/30/2015 5:13:00 PM EDT
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Originally Posted By Vengeance6661:
It's gone down ever since I signed up for a god damn roth IRA last week.

Sorry guys I am just bad luck.
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one week of decline is nothing, give it a year or two and see where the market is
Link Posted: 4/30/2015 5:29:59 PM EDT
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Originally Posted By flcroc:


Story of my investment life.

Newly married Flcroc and wife go to see manager, set up Roths, write check in the amount of two (2) Roth max contributions for 1999.
Next year:
Spend a few years getting back to break even.
2008.

I have to look long term, otherwise I lose like a MFer.
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Originally Posted By flcroc:
Originally Posted By Vengeance6661:
It's gone down ever since I signed up for a god damn roth IRA last week.

Sorry guys I am just bad luck.


Story of my investment life.

Newly married Flcroc and wife go to see manager, set up Roths, write check in the amount of two (2) Roth max contributions for 1999.
Next year:
Spend a few years getting back to break even.
2008.

I have to look long term, otherwise I lose like a MFer.


Yeah, but if you kept buying every month you'd be way ahead. Investing for long term growth is not a one and done thing.
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