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he got a new phone tho
his flip phone is now history |
1000 pts is a good size dip, but remember it's an index average.
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14 of the 30 Dow stocks went up.
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All of my pharma funds went down a couple of points, but I'm still up overall.
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~3.5% yesterday. Lets see what today has in store.
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I moved a few shekels from cash to stock (funds) late yesterday. Hoping I didn’t jump the gun. I’m confident of a rebound as the strong fundamentals haven’t changed.
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Roughly a 10% drop on the dow so far, major corrections tend to be in the 15 or 20% range.
But this is a strange deal with the virus causing most of the correction. Unless all heck breaks looooose, I'm a playa when the dow hits 25,000. Until then or unless we get some stability, I'm under a rock. |
You guys may have bought WAY too soon. As I mentioned buy gold.
The lead story on UK's Daily mail is Corona Virus Sweeps Europe. Local politics don't come into play when something this big is going on. |
Fedex hasn't dropped as much as I expected. waiting...
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Place your bets gentlemen !
Anyone ? |
Another potential wild-card ...
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With 20 years to retirement, I don’t care about day to day movements. I care that these businesses are still making money 20 years from now...
I was planning to buy some last week but didn’t have time. Maybe I will pull the trigger tomorrow on 5 of the ten stocks on my watch list... |
the market opened slightly up this morning, but way to early to assume a bottom. I think it might be just a pause on the road to 25,000.
At my age, I'm more than willing to miss potential upside to avoid likely downside. Besides it's actually kind of cozy under this rock. |
DJIA Currently up 400, I think many folks are seeing cheap opportunities, and buying on the dip !
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It depends on how much you think Coronavirus will impact supply chains. If a person buys into the hype they should be selling. Don't buy in you should be buying.
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I own some shares of Masimo (Masi) since the IPO. It has performed very well, they are the leading manufacturer of pulse oximeters that measure oxygen saturation and blood gases.
It dropped a bit the last few days, I bought a few more shares since the virus is respiratory, maybe we'll see a bump in sales next quarter. |
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But I'm starting to get that it doesn't always matter if it makes sense, it doesn't matter if its rational. Lately I've had better luck (and that's what it is, luck) when I bet on how the average Joe irrational and emotional investor will act and ignore the fundamentals. I wish I was smart enough to predict the hedge-fund al-go-rhythms but that ain't gonna happen. |
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Don't be greedy. Have a balanced portfolio that is inline with your risk tolerance and rebalance quarterly. |
dead bounce.
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I am so confident I have made no changes... |
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