In March of '80....I was in Ft. Lauderdale, spring break... wasn't paying much attention back then either ;)

I now have the same exposure as way back when....and life's been good to me so far...

I suspect many of us old farts have reduced their equity positions too...permamently.

Wild ride today. Down as much as 800 points at one time, and got back all but 80 by close.
I'll be in the stands eating popcorn until this gets under control.

Day's Range 24,242.22 - 24,951.01

The emotional/fear responses you cite are the opposite of data driven computer trading. The computer doesn’t see ‘trade war” or “recession,” it sees numbers.

Speaking of numbers...equities are STILL over valued...artificially juiced imo, with no other viable option for a long time. They were the day T was elected, but"emotion" and more juice was in play and up they went. Now reality sits in....when the FED rates get back to "normal" and all this tariff bs wanes...I'll think about getting back in...mebbe???

Meanwhile...a 4% return on "safe", short duration CDs & Corp bonds is where I'll be parked...I sleep well and will check on things a year from now...gonna be chaotic for some.

Good luck everyone...

I just glanced at the current Treas. yields on Fidelity...holy moly....I'm going ice fishin' ;)

They can't be right...???

I'm not sure that's accurate. As I understand it from reading a bit about it, the algorithm keys on certain things that can potentially cause a decline in the market. If it then sees the market start to slide, it begins to sell.
As I understand it, an algorithm can actually be created to read news headlines, determine the likelihood of of a market fluctuation and within milliseconds of the market fluctuation start selling based on what it sees. The computer is actually reacting to certain keywords in a given cycle that might indicate a drop or increase in the market.

Serious question....Is China behind this? They sure hold enough to do so....in theory.

I suppose it's possible but I'm not sure how it would help them much since our markets and theirs are fluctuating from what I have read.

Why would they want to hurt the economy of their #1 customer?

Because we're hurting theirs.

Employment numbers and non farm payroll out at 830 eastern this morning

Someone look at the current yields....tell me wtf is going on? What am I missing?

If that is the case they should follow the rules.

I guess this wouldn’t surprise me. We have computers writing news stories, why not have computers reading them?

Supposed concerns over a slowing economy and trade comflict. People dumping stocks and moving to less risky government bonds.

They were somewhat flat yesterday at the close...now... I have NEVER seen this....crazy :(?

Computers only do what we, humans, tell them to do. Nothing more. Except for Arnold of course.

A computer algorithm is nothing more than Steve getting a newsflash on his phone, reading it and yelling over to Al, hey Al, looks like Ren Zhengfei just got arrested. This will impact the US-China trade war, we'll have more uncertainty for quite some time, everything is worth less now.

Those damn humans, what will they think of next.

Nevermind....don't know what was going on, but the Fidelity stuff seems "normal" now...it did NOT compute :)

This is funny! Thanks for the morning chuckle.SmileWavy

Some of y'all seem to know a bit about computers...that is all ;)

The announcements at 830 will either sooth the nerves or create chaos.

I don’t follow is as closely any more. At 65 I am mostly on the sideline.

When I was a programmer many years ago at a little boutique firm in NYC, on the very cusp of computer trading, the NYSE wanted us to write their system. Owner of the company was this very nice, brilliant, but mousy nerd. Something spooked him during one meeting (I was not there) and he declined the job. He was visibly flustered that day. Always wanted to know what happened.

I'm outta here....ice is thawin' ;)

I just happened to glance at the yields on Fidelity....if true...today would have been epic.

I still wonder about China manipulating the US Treas. market....'cause they could....imo.

I really only follow it to try and see potential trouble on the horizon for my sales. I have to keep an eye on everything that might affect my sales. Personally I invest my money where I know I'll get a good return, in inventory for me to sell. I put some away in IRA's but have been working towards self funding my inventory and hope to get there in the next few years. I get to that point, and I have life by the ass.

155,000 jobs. A little on the low side.

Well...this is the way Equities woulda bin if the FED didn't step in, in September of 2012...

So you have enjoyed a nice 6 year ride...

This will equate to Main Street before very long.

Not if the Yield is in decline... the stampede is from Equities into bonds as a flight to safety..

Some think that they have already tried...the FED used proxy buyers to buy up what they were dumping to keep interest rates stable.

It maybe necessary for the FED to make a statement that they will do what it takes to insure the economy does not fall off a cliff. Put rate hikes on hold or even lower rates again if necessary.

This instability in Equities is a reflection of the chaos in the economy and political realm. Nobody can afford this...and the danger is that it will all get out of hand...and if it does whoops there goes your nice day.

Even if on the sidelines you are being effected and it is only a big dummy who thinks that they may not be....

The "current yields" from 3 mo > 5 yrs were wonky-donkey on my screen for about 20 min this morning as I was posting....looked like the slope of todays equity curve....I knew it couldn't be correct....I hoped ;)

Interesting....the last part. I assumed they might....

Look like we have another "surge" today.

According to an article I just read, the DOW is up 300 at the open on "hopes" of a deal between the US and China.. Not sure exactly what is bolstering their hopes.

^^^ The release of the exec in Canada.

I've been shoveling freakin' big azz boulders of frozen crap....so I still ain't none too happy with 'em though ;)

You know you can buy these things that have augers and gas engines that make the job easier right? I have two if you want to come over and grab one :D

I was happy about that Surge..but that surge turned out to be a DOWN 0.94. Today another surge...we are due for a rally..probably because of oversold conditions..might push back to the 2800 level? It would have to break the high of the last rally to be meaningful. otherwise...

Next time I need one (every 30 years or so)....I'll be knocking on yer door :). We got a foot of snow, then ice, then my street was plowed for the first time ever....freakin' ice boulders :(

I don't even have a snow shovel....

We are southerners....and don't know doodly-squat about snow...but my street would be fine by now if some azzhole hadn't plowed it and made a huge mess.

That's how we roll here....wait 'til the sun melts it.....I credit Al Gore :)

DOW down 200 on global concernshttp://forums.pelicanparts.com/uploa...1544800488.jpg

Just tuck & monkey roll....it's not going away anytime soon.

Well I was just going to comment that you Boyz 401k results are going to be in shreads come the end of the qtr. That ought to get yer attention. Nothing like feeling a little pain to sharpen your wits up from complacency. But ya already beat me to the sentiment.

Mine is doing fine. I have a low exposure to equities since I am retired.

I balance my holdings every quarter so I have been taking profits during the run up. Trying to time the market is most difficult.