Re: DOW headed to 1,000 point drop
[Re: Canvasback2]
#6786295
02/28/20 01:59 PM
02/28/20 01:59 PM
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Joined: Oct 2007
Posts: 4,460 havelock, NC
Rye
trapper
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trapper
Joined: Oct 2007
Posts: 4,460
havelock, NC
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White
things are leveling off now. I doubt there will be another drop today. Monday on the other hand is a long way away.
"Don't go around saying the world owes you a living; the world owes you nothing; it was here first. " --Mark Twain.
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Re: DOW headed to 1,000 point drop
[Re: hippie]
#6786317
02/28/20 02:11 PM
02/28/20 02:11 PM
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Joined: Oct 2007
Posts: 4,460 havelock, NC
Rye
trapper
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trapper
Joined: Oct 2007
Posts: 4,460
havelock, NC
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Why not wait until this hits bottom and even a day or two of gains before buying in?
It rarely goes up more than a percent or two a day. I understand not all companies/stocks are the same, as in some are gaining now, but folks who jumped the gun on alot of stocks a couple days ago are looking at 10_20 percent drop already. Because not all stocks respond the same as the Market. SQ for example has been bucking the trend consistently. Even rising. So you can't look at the whole market and make the decisions to stay or go. Make your picks, watch them closely, evaluate your entry point and go. No different than any other day, just more opportunity in this chaos than on a normal week. This week provides many with the chance to enter a stock they were waiting on a pull back for. I have a couple of those.
"Don't go around saying the world owes you a living; the world owes you nothing; it was here first. " --Mark Twain.
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Re: DOW headed to 1,000 point drop
[Re: Rye]
#6786349
02/28/20 02:35 PM
02/28/20 02:35 PM
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Joined: Apr 2014
Posts: 7,084 MO
cfowler
trapper
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trapper
Joined: Apr 2014
Posts: 7,084
MO
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things are leveling off now. I doubt there will be another drop today. Monday on the other hand is a long way away. Lot of time left in the day yet. Should be lots of rate-cut talk this weekend.
I trap for fun. I skin 'em for the money! Grinners For Life-Lifetime Member, MO Chapter, Den #1 ~You Grin, You're In~
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Re: DOW headed to 1,000 point drop
[Re: Canvasback2]
#6786424
02/28/20 03:18 PM
02/28/20 03:18 PM
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Joined: Apr 2014
Posts: 7,084 MO
cfowler
trapper
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trapper
Joined: Apr 2014
Posts: 7,084
MO
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Several that sold a week ago are sitting near the bottom with a pocket full of cash ready to re-enter. There was some big sellers in December. Some of those sells are looking pretty good right now on the buy end of things.
I trap for fun. I skin 'em for the money! Grinners For Life-Lifetime Member, MO Chapter, Den #1 ~You Grin, You're In~
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Re: DOW headed to 1,000 point drop
[Re: Canvasback2]
#6786435
02/28/20 03:29 PM
02/28/20 03:29 PM
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Joined: Mar 2011
Posts: 11,491 Montana ,Rocky Mtns.
Sharon
"American Honey"
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"American Honey"
Joined: Mar 2011
Posts: 11,491
Montana ,Rocky Mtns.
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I have been following this subject the whole time.
I am gazing through the window into this fascinating entity , only grasping certain things , with limited understanding, but nonetheless , highly appreciative of the sheer depth and ability needed to grasp the details. I am learning along the way. In this time of insane reactions and panic scrambles in the market, it is a very good thing to have an educational exchange of thoughts and possible tactical decisions among minds.
In the multitude of councilors , there is wisdom . Many thoughts to help through this time.
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Re: DOW headed to 1,000 point drop
[Re: Canvasback2]
#6786559
02/28/20 05:04 PM
02/28/20 05:04 PM
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Joined: Apr 2014
Posts: 7,084 MO
cfowler
trapper
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trapper
Joined: Apr 2014
Posts: 7,084
MO
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Last few minutes got exciting with the Dow.
I trap for fun. I skin 'em for the money! Grinners For Life-Lifetime Member, MO Chapter, Den #1 ~You Grin, You're In~
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Re: DOW headed to 1,000 point drop
[Re: Rye]
#6787661
02/29/20 02:11 PM
02/29/20 02:11 PM
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Joined: Sep 2011
Posts: 2,582 sometimes PA sometimes ME
ebsurveyor
trapper
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trapper
Joined: Sep 2011
Posts: 2,582
sometimes PA sometimes ME
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Why not wait until this hits bottom and even a day or two of gains before buying in?
It rarely goes up more than a percent or two a day. I understand not all companies/stocks are the same, as in some are gaining now, but folks who jumped the gun on alot of stocks a couple days ago are looking at 10_20 percent drop already. Because not all stocks respond the same as the Market. SQ for example has been bucking the trend consistently. Even rising. So you can't look at the whole market and make the decisions to stay or go. Make your picks, watch them closely, evaluate your entry point and go. No different than any other day, just more opportunity in this chaos than on a normal week. This week provides many with the chance to enter a stock they were waiting on a pull back for. I have a couple of those. Impossible for me to pick the bottom and markets don't go straight up. I buy every other week regardless of what the markets are doing. Key point being you only loose when you sell. Everything I buy pays dividends. Even something like "T" currently paying 5.91% is starting to look good.
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