DOW 30000

[Non sequitur]

So the doctor lady from the cdc who cried wolf today happens to be rod rosensteins sister. Freaking jackass.

It's going to be a v shape recovery so take your Dramamine and strap in.

 

[DriveInDriveOut]

My retirement is too important to ride out 1000 point drops while hoping for the turn around. That line of thinking could go south real fast.
Im only down -0.73% ytd, but keeping an eye on it.

1000 points isn't what it used to be.
Makes for a good headline though.

 

[IVE GOTTA PACKAGE 4U]

My retirement is too important to ride out 1000 point drops while hoping for the turn around. That line of thinking could go south real fast.
Im only down -0.73% ytd, but keeping an eye on it.

I can only tell you this. It's very hard to look at your portfolio when these kinda a things happen. Just make a plan and stick with it.

The stock market is on sale.
Buy low, sell high. Ask some of the old timers like @retiredTxfeeder , @oldngray , @rod


How many years before you are going through have to work before you use this money?

 

[Brownsocks]

1000 points isn't what it used to be.
Makes for a good headline though.

S&P500 is still up. Im losing in Russell.

 

[IVE GOTTA PACKAGE 4U]

1000 points isn't what it used to be.
Makes for a good headline though.

Thank you Suze Orman.....

 

[bbsam]

1000 points isn't what it used to be.
Makes for a good headline though.

1900 in two days?

 

[DriveInDriveOut]

1900 in two days?

Yes the thought of a communist like BSanders being president has worried the markets.

 

[bbsam]

Yes the thought of a communist like BSanders being president has worried the markets.

I thought it was corona virus.

 

[DriveInDriveOut]

Thank you Suze Orman.....

Just saying.
If a market drop has you rethinking your strategy, you probably weren't allocated correctly to begin with.

 

[IVE GOTTA PACKAGE 4U]

1900 in two days?

We lost around 6% in two days.

Nothing compared to this
Remembering the worst day in Wall Street history

 

[DriveInDriveOut]

I thought it was corona virus.

Same as it was last week before the drop. BSanders won Nevada Saturday. Just wait till the day after super Tuesday when the fun really starts.

 

[IVE GOTTA PACKAGE 4U]

Just saying.
If a market drop has you rethinking your strategy, you probably weren't allocated correctly to begin with.

I'm not rethinking anything.
I keep a little cash on the sidelines for things like this

 

[DriveInDriveOut]

I'm not rethinking anything.
I keep a little cash on the sidelines for things like this

I wasnt talking about you Goober.....





Me too.

 

[IVE GOTTA PACKAGE 4U]

I wasnt talking about you Goober.

You stuck up P*

 

[bbsam]

We post around 6% in two days.

Nothing compared to this
Remembering the worst day in Wall Street history

Fewer people in the stock market then means a smaller number needed to cause the panic slide.

 

[Old Man Jingles]

I'm not rethinking anything.
I keep a little cash on the sidelines for things like this

I have been dollar cost averaging out of my 401k investments 10% per month into Guaranteed Government Securities with my last deduction last Thursday.
I'm sitting at 50% at the moment ...
... thinking about getting back into the stock market if the DOW hits 26,000 or roughly 10% drop.

Question: Do I just get back into the S&P or try and pick individual stocks?
I have made good returns in the past on 'fear based' drops in stocks in the past.

Delta was one that I made over 20% gain in a weeks time back when a plane crashed in Queens after 9/11.
Delta is down today and trading at a P/E of 7 and down 12% in the last two days.

 

[bbsam]

Same as it was last week before the drop. BSanders won Nevada Saturday. Just wait till the day after super Tuesday when the fun really starts.

So people are freaking out about a Sanders presidency before he’s even the nominee?

 

[DriveInDriveOut]

So people are freaking out about a Sanders presidency before he’s even the nominee?

Yes.
Apparently they're smarter than you.

 

[bbsam]

Yes.
Apparently they're smarter than you.

So you’re pulling you money out?

 

[IVE GOTTA PACKAGE 4U]

Fewer people in the stock market then means a smaller number needed to cause the panic slide.

You probably had more people in the market back then . And you definitely had more companies that offered pension plans and they money was invested in the market.


I can't remember the exact source but individuals holding stocks has went down over the years.