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Author Topic: Stock Market Sell Off?  (Read 878 times)

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Bar-B-Lew

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Stock Market Sell Off?
« on: August 14, 2019, 01:32:06 PM »

Anyone pull their money out of the stock market?  Been a bit of a bloodbath lately including today.  I need to scrounge up some money to put back into the market while it is low.
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pmillen

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Re: Stock Market Sell Off?
« Reply #1 on: August 14, 2019, 01:35:39 PM »

Stop posting this.

I'm standing on the ledge outside my window.
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ICIdaho

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Re: Stock Market Sell Off?
« Reply #2 on: August 14, 2019, 01:50:03 PM »

These stupid sell offs are self fulfilling prophesy's.  The "fear" of whatever may occur (media or "expert" pontificating hit piece of the day) that has not actually occurred, always causes it to occur.  Stupid day traders and reactionaries are responsible for more of the common man loss of money than anyone.  The stock market, for most, is a long term investment.  These idiots just mess it up, specially for those close to, or in, retirement.  If politician were not allowed to speak, and the media actually reported responsibly, the investments would be a whole lot more stable.
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Bar-B-Lew

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Re: Stock Market Sell Off?
« Reply #3 on: August 14, 2019, 02:20:34 PM »

Not sure I could have said that any better.  That is exactly what I think is happening too.
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Kristin Meredith

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Re: Stock Market Sell Off?
« Reply #4 on: August 14, 2019, 02:35:21 PM »

My Dad was a stockbroker for decades.  Best piece of advice -- never try to time the market. 

With that said, with the inversion yield curve and the historical data indicating a potential recession in 18 to 24 months, I will be looking over things in the next 6 months and perhaps pulling some money out of equities and let it sit on the sidelines -- and maybe sweep back in if there is a substantial downturn. Never hurts to analyze and plan.
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triplebq

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Re: Stock Market Sell Off?
« Reply #5 on: August 14, 2019, 02:39:09 PM »

My Dad was a stockbroker for decades.  Best piece of advice -- never try to time the market. 

With that said, with the inversion yield curve and the historical data indicating a potential recession in 18 to 24 months, I will be looking over things in the next 6 months and perhaps pulling some money out of equities and let it sit on the sidelines -- and maybe sweep back in if there is a substantial downturn. Never hurts to analyze and plan.

+1 Never hurts to analyze
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okie smokie

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Re: Stock Market Sell Off?
« Reply #6 on: August 14, 2019, 04:02:12 PM »

These stupid sell offs are self fulfilling prophesy's.  The "fear" of whatever may occur (media or "expert" pontificating hit piece of the day) that has not actually occurred, always causes it to occur.  Stupid day traders and reactionaries are responsible for more of the common man loss of money than anyone.  The stock market, for most, is a long term investment.  These idiots just mess it up, specially for those close to, or in, retirement.  If politician were not allowed to speak, and the media actually reported responsibly, the investments would be a whole lot more stable.
More likely the big boys spread the word that things are looking bad.  Then the masses sell off their positions in fear of losing value.  The next day or two the big boys buy, buy, buy (yesterday).  Then after the market closes, there is another rumor of lack of confidence, etc. and a big sell off happens the next day.(today)  This is particularly effective after a long period of growth and prosperity.  Our economy is still growing, so I suspect the overall curve will be up until we get into the real election campaign cycle.  Then I plan to put most into cash and wait till after the election (I'm with you Kristin).
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ICIdaho

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Re: Stock Market Sell Off?
« Reply #7 on: August 14, 2019, 05:53:49 PM »

These stupid sell offs are self fulfilling prophesy's.  The "fear" of whatever may occur (media or "expert" pontificating hit piece of the day) that has not actually occurred, always causes it to occur.  Stupid day traders and reactionaries are responsible for more of the common man loss of money than anyone.  The stock market, for most, is a long term investment.  These idiots just mess it up, specially for those close to, or in, retirement.  If politician were not allowed to speak, and the media actually reported responsibly, the investments would be a whole lot more stable.
More likely the big boys spread the word that things are looking bad.  Then the masses sell off their positions in fear of losing value.  The next day or two the big boys buy, buy, buy (yesterday).  Then after the market closes, there is another rumor of lack of confidence, etc. and a big sell off happens the next day.(today)  This is particularly effective after a long period of growth and prosperity.  Our economy is still growing, so I suspect the overall curve will be up until we get into the real election campaign cycle.  Then I plan to put most into cash and wait till after the election (I'm with you Kristin).
Our economic indicators in the US our good with employment, savings rates, small business confidence etc.  The rest of the world and their socialist economic policies & negative interest rates moving money to our market, and the Feds handling of our rates, are the issue that is killing the Bond market and messing with the curve.  I don't claim to know or understand half of what I am reading, but it makes me angry, my head spin, and investments hurt.  I just get tired of it. 

I hope you put your cash under your pillow, if the rates do go negative, you get to pay the bank to hold your money.
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okie smokie

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Re: Stock Market Sell Off?
« Reply #8 on: August 14, 2019, 11:02:06 PM »

Precious metals anyone?
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BigDave83

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Re: Stock Market Sell Off?
« Reply #9 on: August 15, 2019, 07:54:40 AM »

Or Crypto?

although that seems to be in a down market also currently.
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Bar-B-Lew

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Re: Stock Market Sell Off?
« Reply #10 on: August 15, 2019, 08:49:14 AM »

I just can't get my head around crypto.  For some reason, it feels like a giant Ponzi scheme.
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okie smokie

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Re: Stock Market Sell Off?
« Reply #11 on: August 15, 2019, 10:33:47 AM »

Or Crypto?

although that seems to be in a down market also currently.
Can't figure out how that works. Every "simple explanation" still does not seem simple to me.  Anyone have a "simpler" explanation?
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ICIdaho

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Re: Stock Market Sell Off?
« Reply #12 on: August 15, 2019, 04:24:57 PM »

And today, it is magically better....an overreaction to something many have said predict nothing unless it stays inverted for months.  I would expect to see more of this as the election draws nearer.  Those that want a power shift don't seem to care what it does to the populous.  Panic makes for good politics when a power shift is desired.
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Bar-B-Lew

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Re: Stock Market Sell Off?
« Reply #13 on: August 15, 2019, 05:27:26 PM »

Today was a rollercoaster ride.  China news had other markets spooked, USA futures were up, market dropped at the bell, picked up due to Walmart performance, dropped again, and rallied again.  Lots of people fleeing the scene and electronic buying probably taking place when things hit below certain prices.  Crazy ride since Christmas Eve, but markets are up 10%+ since then even with big drops along the way.
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Bentley

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Re: Stock Market Sell Off?
« Reply #14 on: August 23, 2019, 04:21:02 PM »

And that is what folks who get scared and flee don't pay attention too...and tell me any place I can put my money, it be safe and make more then 2%?



...but markets are up 10%+ since then even with big drops along the way.
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