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(CNN)   No need to panic. It's just another one of those pesky market corrections   ( money.cnn.com) divider line
    More: News, Dow Jones Industrial Average, Dow Jones, bond market, Dow Jones Indices, S&P Dow Jones, Wall Street, Jones Indices LLC, stock market  
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9430 clicks; posted to Main » on 08 Feb 2018 at 3:00 PM (23 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2018-02-08 02:45:54 PM  
s.faketrumptweet.comView Full Size
 
2018-02-08 02:55:02 PM  
Great, another dip due to nothing actually happening; just a bunch of greedy chucklef#cks being afraid  something might happen to mess up the market so, hey, might as well mess up the market and get the party started.
 
2018-02-08 03:01:02 PM  
What if I wanna panic?

/trivia HQ starting
//I get so panicky around question 10
 
2018-02-08 03:03:53 PM  
buy on the way down...
 
2018-02-08 03:05:10 PM  
I bet a couple of hundred bucks on GE stock when the DJIA was down 700 for the day.  I'll just lay off the lottery tickets for a while.
 
2018-02-08 03:05:11 PM  
img.fark.netView Full Size
 
2018-02-08 03:05:21 PM  

That Guy What Stole the Bacon: Great, another dip due to nothing actually happening; just a bunch of greedy chucklef#cks being afraid  something might happen to mess up the market so, hey, might as well mess up the market and get the party started.


The stock market is, and has been for a while (in my humble opinion) nothing more than legalized gambling for the rich.
 
2018-02-08 03:05:40 PM  

That Guy What Stole the Bacon: Great, another dip due to nothing actually happening; just a bunch of greedy chucklef#cks being afraid  something might happen to mess up the market so, hey, might as well mess up the market and get the party started.


The 10-year bond is happening.
 
2018-02-08 03:06:30 PM  
Damn market is going up & down more often than a hooker's panties at a Shriner's convention! Geesh!
 
2018-02-08 03:06:51 PM  
Yawn, anyone who has been paying ANY attention to the markets over the last couple years would know tha the growth in stock prices have been backed by nothing except speculative returns. Look, if the stock market grew by 40% since 1/2016 and the corresponding businesses didn't grow by 40%, then it's a price bubble. Price bubbles are often corrected and deflated. This is what you are seeing with the recent market volatility. 

I'd say we're still due for another ~10%ish correction (down to around 22k) before we start to see things settle out.
 
2018-02-08 03:06:58 PM  

SirDigbyChickenCaesar: buy on the way down...


Never collect the knives if they're still falling.
 
2018-02-08 03:07:07 PM  
Trump takes credit when stock market goes up, Trump blames Democrats when the stock market goes down.  You can't explain that.
 
2018-02-08 03:08:02 PM  
9 year bull market, it's about time we had a pullback. With rates going up lately it's a fairly textbook reaction. Gonna be alot more down before it goes up so be careful about when to reinvest. Or pull a bunch out and buy real estate (depending on the market you are in) or something safe for a bit.
 
2018-02-08 03:09:06 PM  

hammettman: Trump takes credit when stock market goes up, Trump blames Democrats when the stock market goes down.  You can't explain that.


Sure i can. ''Trump is an utter moron.''

Works for every occasion.
 
2018-02-08 03:09:19 PM  
Like always: if you're gonna buy, buy and hold for at least 15 yrs.

/also you were kinda dumb if you thought the market was gonna keep heading on its recent roid rage trajectory
 
2018-02-08 03:09:26 PM  

hammettman: Trump takes credit when stock market goes up, Trump blames Democrats when the stock market goes down.  You can't explain that.


Sure you can: "Sociopathic narcissism."
 
2018-02-08 03:09:56 PM  
Faaaaaaaaaaaaart goes the hot air.
It will plateau around 20-22 - somewhere in the neighborhood of real values.
Not really Drumft's fault - except the hot air being there to begin with, if you believe him.
Which no one does.
 
2018-02-08 03:10:13 PM  

Kit Fister: That Guy What Stole the Bacon: Great, another dip due to nothing actually happening; just a bunch of greedy chucklef#cks being afraid  something might happen to mess up the market so, hey, might as well mess up the market and get the party started.

The stock market is, and has been for a while (in my humble opinion) nothing more than legalized gambling for the rich.


I was just about to say that. As Eddie Murphy said in Trading Places,  "so you're bookies".

The story here isn't the stock market, which I'm too poor to give a shiat about. It's the republican hipocracy.
 
2018-02-08 03:10:37 PM  

Bannanaslug: 9 year bull market, it's about time we had a pullback. With rates going up lately it's a fairly textbook reaction. Gonna be alot more down before it goes up so be careful about when to reinvest. Or pull a bunch out and buy real estate (depending on the market you are in) or something safe for a bit.


O.K., bitcoin it is then. *ducks and runs
 
2018-02-08 03:10:52 PM  

seadoo2006: Yawn, anyone who has been paying ANY attention to the markets over the last couple years would know tha the growth in stock prices have been backed by nothing except speculative returns. Look, if the stock market grew by 40% since 1/2016 and the corresponding businesses didn't grow by 40%, then it's a price bubble. Price bubbles are often corrected and deflated. This is what you are seeing with the recent market volatility. 

I'd say we're still due for another ~10%ish correction (down to around 22k) before we start to see things settle out.


Probably more than that - a deflation to 22K would assume that business as usual is occurring, when it's clear that the U.S. government's own volatility is going to make things uncertain well beyond the correction.
 
2018-02-08 03:10:53 PM  
I am 50 years old , I want 2-3 more stock dives before I go safe investing.  Who cares , unless you need the money , enjoy the sale prices
 
2018-02-08 03:11:00 PM  

ParallelUniverseParking: Bannanaslug: 9 year bull market, it's about time we had a pullback. With rates going up lately it's a fairly textbook reaction. Gonna be alot more down before it goes up so be careful about when to reinvest. Or pull a bunch out and buy real estate (depending on the market you are in) or something safe for a bit.

O.K., bitcoin it is then. *ducks and runs


Bwahahaha.
 
2018-02-08 03:11:44 PM  

foo monkey: [s.faketrumptweet.com image 590x314]


Profile pic checks out...
 
2018-02-08 03:12:33 PM  

seadoo2006: Yawn, anyone who has been paying ANY attention to the markets over the last couple years would know tha the growth in stock prices have been backed by nothing except speculative returns. Look, if the stock market grew by 40% since 1/2016 and the corresponding businesses didn't grow by 40%, then it's a price bubble. Price bubbles are often corrected and deflated. This is what you are seeing with the recent market volatility. 

I'd say we're still due for another ~10%ish correction (down to around 22k) before we start to see things settle out.


Yeah, that's what I'm betting on.  Not going to lie though: it is nerve wracking making such a bet.  I am putting my money on the line and directly questioning the "buy and hold forever" ethos that has gotten me this far, but I cannot shake the feeling that this is a damn bubble and there will be a big fall.
 
2018-02-08 03:13:25 PM  

Kit Fister: The stock market is, and has been for a while (in my humble opinion) nothing more than legalized gambling for the rich.


The market has returned 7+%, reliably, over any long-term (let's say 10 years) period you wish to choose. Buy-and-hold in broad-market funds is, far and away, the most reliable and profitable investment strategy for increasing wealth, regardless of your income level. Yes, there are corners of the market that are subject to manipulation, but an ordinary investor with a well-diversified portfolio will not be affected by that.
 
2018-02-08 03:13:28 PM  
Fark it. I'm putting all my money in penny stocks.
 
2018-02-08 03:13:30 PM  
Good, my 401k contributions go in tomorrow morning, I'll get a little more for my money.
 
2018-02-08 03:14:10 PM  

hammettman: Trump takes credit when stock market goes up, Trump blames Democrats when the stock market goes down.  You can't explain that.


He actually seems kinda happy about the decline. Oops, forgot to check the date.

img.fark.netView Full Size
 
2018-02-08 03:14:18 PM  
"This is my retard face. I don't have another one."

img.fark.netView Full Size
 
2018-02-08 03:15:08 PM  
zerohedge.comView Full Size
 
2018-02-08 03:15:57 PM  
You should have seen me with the poker man / I had a honey and I bet a grand / Just in the nick of time I looked at his hand.
 
2018-02-08 03:16:13 PM  
img.fark.netView Full Size
 
2018-02-08 03:16:21 PM  

foo monkey: [s.faketrumptweet.com image 590x314]



"45 tweets on toilet again and markets crash. Come on, Cheeto-in-Chief, get off the pot."
 
2018-02-08 03:17:06 PM  

Kegluneq: seadoo2006: Yawn, anyone who has been paying ANY attention to the markets over the last couple years would know tha the growth in stock prices have been backed by nothing except speculative returns. Look, if the stock market grew by 40% since 1/2016 and the corresponding businesses didn't grow by 40%, then it's a price bubble. Price bubbles are often corrected and deflated. This is what you are seeing with the recent market volatility. 

I'd say we're still due for another ~10%ish correction (down to around 22k) before we start to see things settle out.

Yeah, that's what I'm betting on.  Not going to lie though: it is nerve wracking making such a bet.  I am putting my money on the line and directly questioning the "buy and hold forever" ethos that has gotten me this far, but I cannot shake the feeling that this is a damn bubble and there will be a big fall.


I wouldn't worry unless I was planning on retiring in the next decade. If you have 30-40 years ahead of you, stay in it and don't pull out. Yes, it took several years for the markets to correct themselves after 2008, but they still did. Those who bailed out of the market in 2009 were the dumb ones, while most anyone buying stocks in March and April of 2009 were getting 100-200% returns within 36 months. 

That said, if you're still heavily invested in stocks within 10 years of your planned retirement, you're doing it wrong. You should be much more into bonds and safer investment products than the daily volatility of betting on business futures.
 
2018-02-08 03:18:30 PM  
img.fark.netView Full Size
 
2018-02-08 03:18:41 PM  

Totally Sharky Complete: [img.fark.net image 720x651]


But the market is measured in points, not price.  I think your graph may be just a little misleading.
 
2018-02-08 03:20:24 PM  
I sold everything I had invested in the Market when it dropped on Monday and invested it all in Twitter today.  So, I'm going to make fat wads of cash because I know how to beat the market.  Suckers.
 
2018-02-08 03:20:55 PM  
I just need to know when its done 'correcting' so I can buy in.
 
2018-02-08 03:21:08 PM  

Totally Sharky Complete: [img.fark.net image 720x651]


How the stock market has actually performed...

thumbnails-visually.netdna-ssl.comView Full Size

/GHWB so boring he didn't even get mentioned.
 
2018-02-08 03:21:39 PM  

Kit Fister: That Guy What Stole the Bacon: Great, another dip due to nothing actually happening; just a bunch of greedy chucklef#cks being afraid  something might happen to mess up the market so, hey, might as well mess up the market and get the party started.

The stock market is, and has been for a while (in my humble opinion) nothing more than legalized gambling for the rich.


The market has averaged a return of 9% a year. I'd say that's some pretty sweet odds
 
2018-02-08 03:21:56 PM  
Holy crap! The DOW hasn't been this low since 2:30pm Tuesday!!!!
 
2018-02-08 03:22:16 PM  

Makh: [img.fark.net image 850x476]


Every time I see that, Money for Nothing starts playing in my head.
 
2018-02-08 03:22:25 PM  

seadoo2006: Yawn, anyone who has been paying ANY attention to the markets over the last couple years would know tha the growth in stock prices have been backed by nothing except speculative returns. Look, if the stock market grew by 40% since 1/2016 and the corresponding businesses didn't grow by 40%, then it's a price bubble. Price bubbles are often corrected and deflated. This is what you are seeing with the recent market volatility.
I'd say we're still due for another ~10%ish correction (down to around 22k) before we start to see things settle out.


Since I'm 48 years old, and I saw this downturn coming, I moved put about 60% of my 401K totals into a cash account about two months ago. The remaining I moved from all of the different individual funds my plan had, and simply put it on the S&P500 index fund. In 2008, I did nothing since I was 38 years old. I kept everything the same, and kept putting the max allowance for each year. I was young enough to take the initial loss.

I'm now waiting for the markets to become more stable before I move some of that money I put in the cash portion of my 401K back to the S&P500 fund.
 
2018-02-08 03:23:19 PM  

foo monkey: [s.faketrumptweet.com image 590x314]


I honestly can't tell if that's real or not.  Ima google it, but it troubles me that it might, just might, be real.
 
2018-02-08 03:23:26 PM  

Kit Fister: That Guy What Stole the Bacon: Great, another dip due to nothing actually happening; just a bunch of greedy chucklef#cks being afraid  something might happen to mess up the market so, hey, might as well mess up the market and get the party started.

The stock market is, and has been for a while (in my humble opinion) nothing more than legalized gambling for the rich.


Except, of course, in reality anyone can buy stock and those that do buy it can receive dividends and rights to vote at shareholders meetings.

Please name a casino that'll pay you dividends on your investment in games and allow you to vote on how the game is played.

Just more leftist drivel show big exactly how much they know about economics.
 
2018-02-08 03:23:29 PM  

Totally Sharky Complete: [img.fark.net image 720x651]


1/10
 
2018-02-08 03:24:10 PM  

Totally Sharky Complete: [img.fark.net image 720x651]


awwww... You tried.
 
2018-02-08 03:25:12 PM  

hugram: seadoo2006: Yawn, anyone who has been paying ANY attention to the markets over the last couple years would know tha the growth in stock prices have been backed by nothing except speculative returns. Look, if the stock market grew by 40% since 1/2016 and the corresponding businesses didn't grow by 40%, then it's a price bubble. Price bubbles are often corrected and deflated. This is what you are seeing with the recent market volatility.
I'd say we're still due for another ~10%ish correction (down to around 22k) before we start to see things settle out.

Since I'm 48 years old, and I saw this downturn coming, I moved put about 60% of my 401K totals into a cash account about two months ago. The remaining I moved from all of the different individual funds my plan had, and simply put it on the S&P500 index fund. In 2008, I did nothing since I was 38 years old. I kept everything the same, and kept putting the max allowance for each year. I was young enough to take the initial loss.

I'm now waiting for the markets to become more stable before I move some of that money I put in the cash portion of my 401K back to the S&P500 fund.


Market timing is a fool's errand. What determines markets becoming more stable? When will you buy back in? The market is never stable.

Although at 48, you shouldn't be 100% stocks, anyway.
 
2018-02-08 03:25:27 PM  

weddingsinger: I just need to know when its done 'correcting' so I can buy in.


Post your number in this thread. Somebody will call when it bottoms out.
 
2018-02-08 03:26:06 PM  

foo monkey: [s.faketrumptweet.com image 590x314]


It's insane that I have no idea whether that's a real tweet. Maybe it's fake, but it's well in line with something тяцмр would write, and it wouldn't surprise me one bit if it's real.
 
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