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Re: How much money have you lost the last two days?
[Re: DLALLDER]
#7757661
02/27/20 12:39 PM
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Joined: Jan 2015
Posts: 590
HWY72
Tracker
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Tracker
Joined: Jan 2015
Posts: 590 |
Unless you have sold, you haven't lost any money. That’s one way to look at it but then again you have not made anything either. Bingo, but I still don't like it. Give it a few more days with no drastic changes & it's time to buy! Looks like it's shaping up to be another big drop today. Looking for a short term up. Should I jump in now or wait another day or two?
Last edited by HWY72; 02/27/20 12:40 PM.
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Re: How much money have you lost the last two days?
[Re: Buzzsaw]
#7757746
02/27/20 02:33 PM
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Joined: Sep 2012
Posts: 1,213
tShawnB
Pro Tracker
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Pro Tracker
Joined: Sep 2012
Posts: 1,213 |
Zero. No way I'd be selling my stocks now. I'm in it for another 20 years.
How come everybody I meet is a deer hunting expert?
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Re: How much money have you lost the last two days?
[Re: tShawnB]
#7757774
02/27/20 02:49 PM
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Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
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THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
Zero. No way I'd be selling my stocks now. I'm in it for another 20 years. Good thinking. The drop could help you in the long run.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: How much money have you lost the last two days?
[Re: Buzzsaw]
#7757850
02/27/20 04:06 PM
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Joined: Apr 2005
Posts: 43,845
Stub
THF Celebrity
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THF Celebrity
Joined: Apr 2005
Posts: 43,845 |
There was mention of buying opportunity yesterday, what about today? https://www.foxbusiness.com/DOW JONES AVERAGES(I:DJI) 26,437.65change down -519.94 (-1.93%) NASDAQ COMPOSITE INDEX(I:COMP) 8,717.38change down -263.40 (-2.93%) S&P 500(SP500) 3,037.31change down -79.08 (-2.54%)
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Re: How much money have you lost the last two days?
[Re: Stub]
#7757855
02/27/20 04:14 PM
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Joined: Sep 2004
Posts: 1,862
swampthang
Pro Tracker
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Pro Tracker
Joined: Sep 2004
Posts: 1,862 |
There was mention of buying opportunity yesterday, what about today? https://www.foxbusiness.com/DOW JONES AVERAGES(I:DJI) 26,437.65change down -519.94 (-1.93%) NASDAQ COMPOSITE INDEX(I:COMP) 8,717.38change down -263.40 (-2.93%) S&P 500(SP500) 3,037.31change down -79.08 (-2.54%) What's the hurry? Why not wait until you get absolute confirmation the virus "effect" is over?
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Re: How much money have you lost the last two days?
[Re: Buzzsaw]
#7757856
02/27/20 04:15 PM
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Joined: Jul 2010
Posts: 6,862
HuntnFly67
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jul 2010
Posts: 6,862 |
I am very curious how it is going to wash out for us. We switched 401K providers. The blackout period started Monday morning. From what I understand funds were pulled and placed into a 'safe harbor' account from the old provider until the blackout period ends and we are active with the new provider. Haven't gotten a 100% clear answer yet, but it seems that we were insulated from the initial fall and for the next two weeks when the 401k is fully funded with the new provider.
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Re: How much money have you lost the last two days?
[Re: swampthang]
#7757865
02/27/20 04:26 PM
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Joined: Sep 2005
Posts: 6,466
ndhunter
THF Trophy Hunter
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THF Trophy Hunter
Joined: Sep 2005
Posts: 6,466 |
Top economic adviser touting the buying opportunities: Top White House economic adviser Larry Kudlow told The Washington Post late Monday that investors should consider “buying these dips” in the stock market amid the coronavirus panic. The message was to take advantage of one-day slumps and “buy low.”
After all, the Dow Jones industrial average had just fallen 1,032 points. President Trump tweeted similar guidance thousands of miles away in India.
Less than 24 hours later, the Dow Jones industrial average would fall another 879 points, bringing Trump and Kudlow’s investment advice — at least in the short term — under greater scrutiny.
Buying on the dip is good but it works a lot better when you know where the bottom of the market is. Maybe Kudlow is just trying to average down.
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Re: How much money have you lost the last two days?
[Re: HuntnFly67]
#7757866
02/27/20 04:27 PM
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Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
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THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
I am very curious how it is going to wash out for us. We switched 401K providers. The blackout period started Monday morning. From what I understand funds were pulled and placed into a 'safe harbor' account from the old provider until the blackout period ends and we are active with the new provider. Haven't gotten a 100% clear answer yet, but it seems that we were insulated from the initial fall and for the next two weeks when the 401k is fully funded with the new provider.
Sounds like you got lucky. I'd call them.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: How much money have you lost the last two days?
[Re: Buzzsaw]
#7757879
02/27/20 04:47 PM
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Joined: Jan 2013
Posts: 19,650
Pitchfork Predator
THF Celebrity
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THF Celebrity
Joined: Jan 2013
Posts: 19,650 |
For those asking when to buy the bottom; no one can tell you when that's going to be........the prudent way to buy is when the stock is below it's intrinsic value. Some will get lucky when they buy it will be at the bottom of this volatility cycle. Regardless buying this way will be good to you over the long term.......
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Re: How much money have you lost the last two days?
[Re: Pitchfork Predator]
#7757896
02/27/20 05:15 PM
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Joined: Jan 2015
Posts: 590
HWY72
Tracker
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Tracker
Joined: Jan 2015
Posts: 590 |
For those asking when to buy the bottom; no one can tell you when that's going to be........the prudent way to buy is when the stock is below it's intrinsic value. Some will get lucky when they buy it will be at the bottom of this volatility cycle. Regardless buying this way will be good to you over the long term....... I'm looking for a good short term return on some kind of index or balanced fund. 4-6 months max. I'll definitely be out again before the volatility of the fall elections hits. Plan to retire within the next 24 months...
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Re: How much money have you lost the last two days?
[Re: HWY72]
#7757906
02/27/20 05:27 PM
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Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
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THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
For those asking when to buy the bottom; no one can tell you when that's going to be........the prudent way to buy is when the stock is below it's intrinsic value. Some will get lucky when they buy it will be at the bottom of this volatility cycle. Regardless buying this way will be good to you over the long term....... I'm looking for a good short term return on some kind of index or balanced fund. 4-6 months max. I'll definitely be out again before the volatility of the fall elections hits. Plan to retire within the next 24 months... Look for a high dividend fund. Most will be heavy with stocks like AT&T. Which is paying more than 5% now.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: How much money have you lost the last two days?
[Re: Pitchfork Predator]
#7757964
02/27/20 06:32 PM
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Joined: Sep 2005
Posts: 6,466
ndhunter
THF Trophy Hunter
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THF Trophy Hunter
Joined: Sep 2005
Posts: 6,466 |
For those asking when to buy the bottom; no one can tell you when that's going to be........the prudent way to buy is when the stock is below it's intrinsic value. Some will get lucky when they buy it will be at the bottom of this volatility cycle. Regardless buying this way will be good to you over the long term....... It is true that nobody can forecast the bottom of the market with certainty but it should be obvious that we have not seen the bottom yet.
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Re: How much money have you lost the last two days?
[Re: Nathan at Fork]
#7757970
02/27/20 06:38 PM
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Joined: Jul 2005
Posts: 3,309
Stump_jumper
Veteran Tracker
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Veteran Tracker
Joined: Jul 2005
Posts: 3,309 |
Unless you have sold, you haven't lost any money. correct, and I took some profits. I thought about taking them on Friday but decided to wait one day. A mistake. I had sell orders in by 5:30 Monday morning along with 1 buy. GOLD
2017 Tundra 5.7 CM 4x4 2006 Champion 2200 Bay Boat
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Re: How much money have you lost the last two days?
[Re: HuntnFly67]
#7757975
02/27/20 06:43 PM
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Joined: Jul 2005
Posts: 3,309
Stump_jumper
Veteran Tracker
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Veteran Tracker
Joined: Jul 2005
Posts: 3,309 |
I am very curious how it is going to wash out for us. We switched 401K providers. The blackout period started Monday morning. From what I understand funds were pulled and placed into a 'safe harbor' account from the old provider until the blackout period ends and we are active with the new provider. Haven't gotten a 100% clear answer yet, but it seems that we were insulated from the initial fall and for the next two weeks when the 401k is fully funded with the new provider.
One thing I hate about 401K providers (especially Fidelity) is they frown upon selling. Fidelity has sent me a couple of threats about excessive trading.
2017 Tundra 5.7 CM 4x4 2006 Champion 2200 Bay Boat
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Re: How much money have you lost the last two days?
[Re: Buzzsaw]
#7758168
02/27/20 09:10 PM
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Joined: Mar 2007
Posts: 5,721
tigger
THF Trophy Hunter
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THF Trophy Hunter
Joined: Mar 2007
Posts: 5,721 |
Marke rallied to close down 1100 points Obama’s is killing us
Tigger If it isn't white it is not a birddog.
KC Lying is lying. Don't bitch about one doing it and condone another. That's called hypocrisy. _________________
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Re: How much money have you lost the last two days?
[Re: Buzzsaw]
#7758196
02/27/20 09:30 PM
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Joined: Apr 2005
Posts: 43,845
Stub
THF Celebrity
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THF Celebrity
Joined: Apr 2005
Posts: 43,845 |
Now might be a good time to buy?
DOW JONES AVERAGES(I:DJI) 25,766.64change down -1,190.95 (-4.42%)
NASDAQ COMPOSITE INDEX(I:COMP) 8,566.48change down -414.29 (-4.61%)
S&P 500(SP500) 2,978.76change down -137.63 (-4.42%)
Last edited by Stub; 02/27/20 09:32 PM.
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Re: How much money have you lost the last two days?
[Re: Buzzsaw]
#7758201
02/27/20 09:38 PM
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Joined: Mar 2007
Posts: 5,721
tigger
THF Trophy Hunter
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THF Trophy Hunter
Joined: Mar 2007
Posts: 5,721 |
Worst point drop in history
Can fed bail us out
Tigger If it isn't white it is not a birddog.
KC Lying is lying. Don't bitch about one doing it and condone another. That's called hypocrisy. _________________
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Re: How much money have you lost the last two days?
[Re: tigger]
#7758207
02/27/20 09:44 PM
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Joined: Apr 2007
Posts: 60,414
BOBO the Clown
kind of a big deal
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kind of a big deal
Joined: Apr 2007
Posts: 60,414 |
Marke rallied to close down 1100 points Obama’s is killing us Rework your socialist math, and gives thought of optimism Even with Corona V, markets still up 40 percent since your Current President took office This why the wealth of doer’s increases and the projecting just get poorer.
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Re: How much money have you lost the last two days?
[Re: tigger]
#7758212
02/27/20 09:47 PM
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Joined: Apr 2007
Posts: 60,414
BOBO the Clown
kind of a big deal
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kind of a big deal
Joined: Apr 2007
Posts: 60,414 |
Worst point drop in history
Can fed bail us out We can just cut Medicaid..... then Work on a few other social bail out programs...lol
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Re: How much money have you lost the last two days?
[Re: tigger]
#7758215
02/27/20 09:49 PM
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Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
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THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
Worst point drop in history
Can fed bail us out Not even close percentage wise.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: How much money have you lost the last two days?
[Re: Stub]
#7758235
02/27/20 10:14 PM
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Joined: Sep 2007
Posts: 574
Pigsicles
Tracker
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Tracker
Joined: Sep 2007
Posts: 574 |
Now might be a good time to buy?
DOW JONES AVERAGES(I:DJI) 25,766.64change down -1,190.95 (-4.42%)
NASDAQ COMPOSITE INDEX(I:COMP) 8,566.48change down -414.29 (-4.61%)
S&P 500(SP500) 2,978.76change down -137.63 (-4.42%) The S&P closed below $3,000 which is a sell signal. Tomorrow could be ugly if margin calls and leveraged Hedge funds start dumping. Fed better pump it tonight, unless they have decided to let the market get off of the cheap money.
Pulsar Trail XQ50 Pulsar HD 19A
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Re: How much money have you lost the last two days?
[Re: Buzzsaw]
#7758259
02/27/20 10:32 PM
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Joined: Jun 2011
Posts: 33,946
Buzzsaw
OP
THF Celebrity
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OP
THF Celebrity
Joined: Jun 2011
Posts: 33,946 |
Well my broker went out a month ago and invested me heavily in 3M, NetFlix, and Clorox, so I'm raking in the dough now, all is good
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Re: How much money have you lost the last two days?
[Re: Buzzsaw]
#7758540
02/28/20 06:51 AM
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Joined: Aug 2005
Posts: 20,928
Sniper John
gumshoe
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gumshoe
Joined: Aug 2005
Posts: 20,928 |
I looked at futures around midnight. It's going to be ugly tomorrow. Many do not want to risk holding through the weekend.
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Re: How much money have you lost the last two days?
[Re: Sniper John]
#7758580
02/28/20 12:27 PM
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Joined: Apr 2005
Posts: 43,845
Stub
THF Celebrity
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THF Celebrity
Joined: Apr 2005
Posts: 43,845 |
I looked at futures around midnight. It's going to be ugly tomorrow. Many do not want to risk holding through the weekend. Yep down another 276 points
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Re: How much money have you lost the last two days?
[Re: Buzzsaw]
#7758585
02/28/20 12:42 PM
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Joined: Oct 2008
Posts: 15,171
Tbar
THF Celebrity
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THF Celebrity
Joined: Oct 2008
Posts: 15,171 |
I looked at mine last night and compared each to the highest dollar value it had achieved.
Brokerage A is off 9% Brokerage B is off 6.5% Brokerage C is off 2%
Its good to be diversified.
Make America Great Again
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