DJIA, NYSE, S&P = CRASH!!!

[Lightweis]

Im going to buy this dip on Monday.

 

[Madison320]

Fed won't meet until September 16- 17th. You likely won't hear anything either way before then.

It won't be an official meeting. It will be an unofficial interview.

 

[Madison320]

People who bail out on dips tend to lose money. They miss the recovery cycle where it goes back up and don't get back in again (if they do) until after a good run of gains (which means gains are tougher after that). If you want to invest in something, it should be more "buy and hold" unless you need the cash. Jumping around when things get tough eats into your returns. Dips are often better to be buying than selling. If you had bought in March, 2008 when the DOW had fallen to about 6500, you would have 1.6 times the money (160% gain). If you waited until 2010, DOW was around 10000 and you would have 70% more (less than half the return). If you bought gold in 2010, you would be just about even (zero percent gain).

Ha! Ha! You've taken cherry picking to a new level!!! You are tooooo funnnyyy!!!!

 

[dannno]

Im going to buy this dip on Monday.

You do that.

 

[devil21]

You do that.

Clearly lightweis hasn't been reading my posts in this subforum. Oh well, you can lead a horse to water blah blah.

I wouldn't be surprised to see a bounce (or at least going sideways) next week from people like lightweis thinking its a BTFD moment but barring the Fed announcing no rate hike and another big ass QE in the next week or so, September's trajectory is clear.

 

[presence]

[SIZE=+7][SIZE=+7]
[/SIZE][SIZE=+7]BOOM GOES BUST: DOW -530 [/SIZE][/SIZE][SIZE=+7]
[SIZE=+7] [/SIZE]

World's Richest People Lose $182 Billion as Market Rout Deepens...

WEEKEND OF WORRY: APPLE UGLY...

Signs of panic-like selling...

China blamed for free-fall...

Oil biggest losing streak in 30 years...

CURRENCY COLLAPSE...

CLAIM: Dow 5,000? Yes, it could happen...[/SIZE]

We had a similar week last year.

 

[presence]

Don’t be surprised if stock markets stabilize or bounce back in the next couple of days. Markets are due at least a short-term rally after this week’s dramatic plunge. This usually happens after a sell-off, no matter what the next big move is going to be. It doesn’t mean anything.
But anyone who automatically assumes this is another easy “buying opportunity” is talking nonsense.
For the past couple of years, Wall Street’s perma-bulls have had it their way. They’ve been gloating openly as stocks went up and up and up, seemingly without pause.
It got to the point that those warning about valuations and danger signs had been mocked into silence — or were simply ignored.







Not now.

http://www.marketwatch.com/story/dow-5000-yes-it-could-happen-2015-08-21

 

[devil21]

We had a similar week last year.

Is that to mean the beginning of the Shemitah year looks a heck of a lot like the end of the Shemitah year? <scribble scribble>

 

[Traditionalist]

People who bail out on dips tend to lose money. They miss the recovery cycle where it goes back up and don't get back in again (if they do) until after a good run of gains (which means gains are tougher after that). If you want to invest in something, it should be more "buy and hold" unless you need the cash. Jumping around when things get tough eats into your returns. Dips are often better to be buying than selling. If you had bought in March, 2008 when the DOW had fallen to about 6500, you would have 1.6 times the money (160% gain). If you waited until 2010, DOW was around 10000 and you would have 70% more (less than half the return). If you bought gold in 2010, you would be just about even (zero percent gain).

True enough. On my current trades I broke even though, if I had stayed in I would be in the negatives. Buying into a down market after just a hint of recovery (no matter how small it is) seems to be the more logical approach for me at this point. I'm hoping for some sure signs next week but who knows. But right now I think the stocks I'm watching are still trying to find their bottom.

 

[Lord Xar]

My 401k is gonna take a beating....

Wondering if I should suspend my monthly allocation. I'm matched my first 3% by employer.

 

[dannno]

My 401k is gonna take a beating....

Wondering if I should suspend my monthly allocation. I'm matched my first 3% by employer.

I moved about 80% of what I had in 401k stocks into cash/bonds a couple weeks ago. Obviously I would like to put that money into gold/silver/bitcoin, however that is not an option.

 

[mad cow]

My 401k is gonna take a beating....

Wondering if I should suspend my monthly allocation. I'm matched my first 3% by employer.

Put it into a money market account at least up to the amount that is matched by your employer,that part is free money.
You will want cash to buy into the market at some point in the future.

 

[presence]

You'll know it when you see it.

 

[presence]

 

[Madison320]

Put it into a money market account at least up to the amount that is matched by your employer,that part is free money.
You will want cash to buy into the market at some point in the future.

I wouldn't want to be holding too much cash. Real assets might crash but they'll usually bounce back. When the dollar crashes I seriously doubt it will come back.

 

[enter`name`here]

For 90% of people trying to time the market is a fools errand. the best plan is to come up with an asset allocation plan based on your time horizon and risk tolerance and re-balance periodically. If you insist on trying to play market swings you should temporarily adjust your weightings, but you shouldnt be completely in or out of the market unless you have a short time horizen or a low risk tolerance.

For my part i've been SLIGHTLY over weight cash since the end of QE (around 10% but recently as high as 20%, which is very high for a 20 something male with 30-40 year time horizen). I bought some s&p index etf's yesterday. I didnt do this because i think this is THE bottom, but simply because my asset allocation plan demanded it. I fully intend to go down to 5% cash over the next few years. I generally don't like to give market predictions but if i had a gun to my head i would geuss we will go lower.... but I bought anyway, and ill buy again when we go lower. Having a systen like this is not perfect but it takes some of the emotion out of the decision making process.

making emotional decisions is what kills most retail mom and pop investors.

 

[presence]

http://www.bloomberg.com/news/artic...ts-show-how-hard-china-has-hit-global-markets

[h=1]These Charts Show How Hard China Has Hit Global Markets[/h] The damage is everywhere
Trista Kelley Camila Russo

August 21, 2015 — 1:41 PM EDT
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Weak manufacturing data out of China was the latest bad news to wreak havoc in financial markets this week. The devaluation of the yuan last week sparked global growth concerns that hit almost every global asset class, finally reaching what had until now been a bastion of stability: the S&P 500

European shares entered a correction while emerging-market stocks faced the biggest weekly drop in more than three years. Equities in Hong Kong, Indonesia, and Taiwan entered bear markets. And with the S&P 500's steepest decline in 18 months yesterday, its two-day loss is the worst since 2011. Investors are selling the biggest winners of 2015 -- including Netflix, Apple and Amazon.

One currency investor calls it "a race to the bottom." First China, then Vietnam, then Kazakhstan removed their pegs, exacerbating a rout in emerging-market currencies to reach record lows. Malaysia’s ringgit weakened to a 17-year low, the worst developing-nation performance this month after Russia’s ruble. Colombia, where oil is the biggest export, also saw its peso weaken to an all-time low.

The pain seems never-ending for commodities, hurt again by the weakest Chinese factory data since the global financial crisis. The Bloomberg Commodity Index slid to its lowest level since 2002, while oil had the longest run of weekly declines in almost 30 years. Copper, nickel, zinc, aluminum, tin and lead also fell. BlackRock estimates commodity industry ETFs have seen outflows for five straight months.

Gold is among the sole bright spots, rallying the most in seven months this week as investors fled to safety. Driving the gold boom is the Fed's fear of stubbornly low inflation, and market watchers have taken note: They have now shifted their bets on a September rate rise to a date later in the year, or even early next year.

The yen has been another haven asset, strengthening the most this week since December, while the dollar weakened against currencies of nations with the lowest borrowing costs.

Speaking of havens, Treasuries posted their best week since March as demand for fixed income soared during the global selloff. Government debt from Australia to Britain also gained this week, driving the average yield on developed-nation bonds to a three-month low.

This is going to dig deep.

SPXU ftw

 

[presence]

 

[wizardwatson]

So, presence, what's the next prediction?

We're only 22 days from Shemitah debt wipe date (which is also a solar eclipse just for good measure).

Should I be storing potable water?

 

[Madison320]

http://www.bloomberg.com/news/artic...ts-show-how-hard-china-has-hit-global-markets





This is going to dig deep.

SPXU ftw

I think falling yields are a sign that this thing is far from over. It shows that most people still have faith in the dollar. QE4 will happen before the the real crisis, which is a dollar collapse.