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Letsgodiving · 9 March 2020, 11:41 PM

I'm certainly not able to pick a bottom so I will be buying all the way down. I purchased some when the s&p was down 7.5% which was obviously a premature move and I will buy some today of we are heavily down. I have enough dry power to keep catching this knife and I am looking out many years so I'm not overly concerned about the near term.

smohr33 · 9 March 2020, 11:42 PM

That was quick.

Hope everyone's comfy with their asset allocation. We're in for an ugly ride for a while.

pickettt · 9 March 2020, 11:47 PM

Quote:

Originally Posted by beshannon

In 2021 maybe

I meant for stuff to continue going south.

superdog · 9 March 2020, 11:55 PM

Quote:

Originally Posted by smohr33

That was quick.

Hope everyone's comfy with their asset allocation. We're in for an ugly ride for a while.

ha. not comfortable.

but I am very heavy in fixed income. thank god....

still getting crushed though.

Golden Ellipse · 10 March 2020, 12:09 AM

The Oracle of Omaha had a little advice for us some time ago:

“Be fearful when others are greedy and greedy when others are fearful.”

If you have the stomach for it, and the long term view of an investor (not a trader), then this is bargain season.

beshannon · 10 March 2020, 12:12 AM

Quote:

Originally Posted by Golden Ellipse

The Oracle of Omaha had a little advice for us some time ago:

“Be fearful when others are greedy and greedy when others are fearful.”

If you have the stomach for it, and the long term view of an investor (not a trader), then this is bargain season.

Easy for him to say.

There is a serious issue with ETF pricing at the moment, some issues have not reopened so how can you know the true price of an ETF? So many things are based on ETF's today, this is a real problem.

I would not be buying anything today

enjoythemusic · 10 March 2020, 12:19 AM

Peter11 · 10 March 2020, 12:21 AM

False alarm. Everything is fine now. Now the DJIA is only down 5.28%.

uracowman · 10 March 2020, 12:37 AM

Quote:

Originally Posted by superdog

ha. not comfortable.

but I am very heavy in fixed income. thank god....

still getting crushed though.

That's surprising to me. Most fixed income assets are up right now.

superdog · 10 March 2020, 12:46 AM

Quote:

Originally Posted by uracowman

That's surprising to me. Most fixed income assets are up right now.

I am comfortable with my fixed income.

not with the stocks.

beshannon · 10 March 2020, 12:51 AM

Several analysts trying to draw parallels from past events

Typically the failed rally on a Black Monday leads to a low close, the lower open on Tuesday is (historically) the time to buy.

Past performance is no guarantee of future results, I am not suggesting buying/timing anything. Take the info and perform you own due diligence.

scarlet knight · 10 March 2020, 01:25 AM

Quote:

Originally Posted by enjoythemusic

On target!

beshannon · 10 March 2020, 02:30 AM

Slow climb back, VIX +51 10 yr .57%

Trading seems orderly after the morning stoppage

enjoythemusic · 10 March 2020, 03:12 AM

Quote:

Originally Posted by beshannon

Trading seems orderly after the morning stoppage

PPT finally kicks in.

beshannon · 10 March 2020, 04:08 AM

2:00 pm margin calls, VIX spiked to +55, 10 year down to .49%

I am expecting a fall into the close with another fall tomorrow morning. We then need to see the setup at that point.

Eventually the fundamentals will either remain the same for long enough or change for the better and all the sellers will be exhausted

Several analysts waiting for a VIX over 75 or even into triple digits to signal the start of at least an intermediate term bottom

Doc Savage · 10 March 2020, 04:19 AM

Quote:

Originally Posted by Peter11

False alarm. Everything is fine now. Now the DJIA is only down 5.28%.

....and now we're back down 7%. The permabulls are losing.

Peter11 · 10 March 2020, 04:21 AM

Quote:

Originally Posted by Doc Savage

....and now we're back down 7%. The permabulls are losing.

I should've typed /sarcasm.

Doc Savage · 10 March 2020, 05:23 AM

Quote:

Originally Posted by Peter11

I should've typed /sarcasm.

LOL my fault - I should have indicated I got your sarcasm

We were joking in the office earlier today - when today's opening crash slightly reversed, someone commented: "look, the DOW is only down 1,300." The new optimism

s2h904 · 10 March 2020, 06:26 AM

I am far from a genius or guru but when Bob Iger stepped down at Disney I sold everything in my portfolio sans a few dividend stocks. Smart/lucky move on my behalf.....I am waiting to get back into Disney/Apple/Microsoft once the dust settles.

I am 45 so time is on my side in regards to these stocks(fingers crossed/knock on wood)

All the best to everyone-Scott

Letsgodiving · 10 March 2020, 08:35 AM

Italy extends the lock down to the entire country and European index futures down -10%.

GB-man · 10 March 2020, 08:47 AM

Quote:

Originally Posted by Letsgodiving

Italy extends the lock down to the entire country and European index futures down -10%.

I read that as a pessimistic prediction

77T · 10 March 2020, 09:04 AM

I think he was just reporting the financial news that I’m seeing on the wires too.

Sent from my iPhone using Tapatalk Pro

GB-man · 10 March 2020, 09:06 AM

Quote:

Originally Posted by 77T

I think he was just reporting the financial news that I’m seeing on the wires too.

Sent from my iPhone using Tapatalk Pro

Indeed but when I read it I thought hope not!

superdog · 10 March 2020, 09:56 AM

Dow futures up 459.

Bearxj86 · 10 March 2020, 09:57 AM

I have picked my positions long-term, buying a bit here and there but not blowing my load all at once.

superdog · 10 March 2020, 10:07 AM

Quote:

Originally Posted by bearxj86

I have picked my positions long-term, buying a bit here and there but not blowing my load all at once.

Long term as well. Not selling anything. But I’ve asked my guy to sit tight on cash.

I’m not buying anything yet. I’ll be more than content to buy on the way up rather than down. I’m okay with that.

brandrea · 10 March 2020, 10:09 AM

I bought 1/4 positions today in the same old boring dividend payers

pickettt · 10 March 2020, 10:15 AM

Quote:

Originally Posted by superdog

Long term as well. Not selling anything. But I’ve asked my guy to sit tight on cash.

I’m not buying anything yet. I’ll be more than content to buy on the way up rather than down. I’m okay with that.

I swear I've read every one of your investment strategies and we are EXACTLY on the same page.

healer · 10 March 2020, 10:18 AM

Nice! Tom will be up big time. Finally;)

superdog · 10 March 2020, 10:20 AM

Quote:

Originally Posted by healer

Nice! Tom will be up big time. Finally;)

I sure hope it holds.

I hope the markets realize a lot if this is simply panic.

Yes, companies will lose money on lack of production. But not enough to cause this...

9 March 2020, 11:41 PM	#301
Letsgodiving "TRF" Member Join Date: Jul 2007 Real Name: Mike Location: Virginia, US Watch: SD 16600 Posts: 4,320	I'm certainly not able to pick a bottom so I will be buying all the way down. I purchased some when the s&p was down 7.5% which was obviously a premature move and I will buy some today of we are heavily down. I have enough dry power to keep catching this knife and I am looking out many years so I'm not overly concerned about the near term. __________________ The fool, with all his other faults, has this also - he is always getting ready to live. - Epicurus (341–270 BC)

10 March 2020, 12:19 AM	#307
enjoythemusic 2025 Pledge Member Join Date: Nov 2012 Real Name: Steven Location: Glocal Posts: 21,614	__________________ __________________ Love timepieces and want to become a Watchmaker? Rolex has a sensational school. www.RolexWatchmakingTrainingCenter.com/ Sent from my Etch A Sketch using String Theory.

10 March 2020, 12:51 AM	#311
beshannon "TRF" Member Join Date: Jun 2009 Real Name: Brian Location: Northern Virginia Watch: One of Not Many Posts: 17,892	Several analysts trying to draw parallels from past events Typically the failed rally on a Black Monday leads to a low close, the lower open on Tuesday is (historically) the time to buy. Past performance is no guarantee of future results, I am not suggesting buying/timing anything. Take the info and perform you own due diligence. __________________ IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock

10 March 2020, 02:30 AM	#313
beshannon "TRF" Member Join Date: Jun 2009 Real Name: Brian Location: Northern Virginia Watch: One of Not Many Posts: 17,892	Slow climb back, VIX +51 10 yr .57% Trading seems orderly after the morning stoppage __________________ IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock

10 March 2020, 04:08 AM	#315
beshannon "TRF" Member Join Date: Jun 2009 Real Name: Brian Location: Northern Virginia Watch: One of Not Many Posts: 17,892	2:00 pm margin calls, VIX spiked to +55, 10 year down to .49% I am expecting a fall into the close with another fall tomorrow morning. We then need to see the setup at that point. Eventually the fundamentals will either remain the same for long enough or change for the better and all the sellers will be exhausted Several analysts waiting for a VIX over 75 or even into triple digits to signal the start of at least an intermediate term bottom __________________ IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock

9 March 2020, 11:42 PM	#302
smohr33 "TRF" Member Join Date: Feb 2014 Real Name: Scott Location: New York Posts: 121	That was quick. Hope everyone's comfy with their asset allocation. We're in for an ugly ride for a while.

10 March 2020, 12:09 AM	#305
Golden Ellipse 2024 Pledge Member Join Date: Jul 2010 Location: Family first Posts: 653	The Oracle of Omaha had a little advice for us some time ago: “Be fearful when others are greedy and greedy when others are fearful.” If you have the stomach for it, and the long term view of an investor (not a trader), then this is bargain season.

10 March 2020, 12:21 AM	#308
Peter11 "TRF" Member Join Date: Jul 2010 Location: Pennsylvania Posts: 144	False alarm. Everything is fine now. Now the DJIA is only down 5.28%.

10 March 2020, 06:26 AM	#319
s2h904 "TRF" Member Join Date: Aug 2015 Real Name: Scott Location: Florida Watch: Datejust/YM Posts: 436	I am far from a genius or guru but when Bob Iger stepped down at Disney I sold everything in my portfolio sans a few dividend stocks. Smart/lucky move on my behalf.....I am waiting to get back into Disney/Apple/Microsoft once the dust settles. I am 45 so time is on my side in regards to these stocks(fingers crossed/knock on wood) All the best to everyone-Scott

10 March 2020, 08:35 AM	#320
Letsgodiving "TRF" Member Join Date: Jul 2007 Real Name: Mike Location: Virginia, US Watch: SD 16600 Posts: 4,320	Italy extends the lock down to the entire country and European index futures down -10%. __________________ The fool, with all his other faults, has this also - he is always getting ready to live. - Epicurus (341–270 BC)

10 March 2020, 09:04 AM	#322
77T 2025 Pledge Member Join Date: Dec 2010 Real Name: PaulG Location: Georgia Posts: 42,325	I think he was just reporting the financial news that I’m seeing on the wires too. Sent from my iPhone using Tapatalk Pro __________________ Does anyone really know what time it is?

10 March 2020, 09:56 AM	#324
superdog "TRF" Member Join Date: Oct 2011 Real Name: Seth Location: nj Watch: Omega Posts: 24,856	Dow futures up 459. __________________ If happiness is a state of mind, why look anywhere else for it? IG: gsmotorclub IG: thesawcollection (Both mostly just car stuff)

10 March 2020, 09:57 AM	#325
Bearxj86 2025 Pledge Member Join Date: Jun 2017 Location: Los Angeles Watch: 3970 Posts: 3,909	I have picked my positions long-term, buying a bit here and there but not blowing my load all at once.

10 March 2020, 10:09 AM	#327
brandrea 2025 Pledge Member Join Date: Jul 2013 Real Name: Brian (TBone) Location: canada Watch: es make me smile Posts: 79,265	I bought 1/4 positions today in the same old boring dividend payers

10 March 2020, 10:18 AM	#329
healer "TRF" Member Join Date: Aug 2019 Location: U.S.A Posts: 195	Nice! Tom will be up big time. Finally;)

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