Posted on 03/11/2020 1:04:02 PM PDT by Syncro
Stock market people please weigh in
All I know is that it goes from a bull to a bear market when all three of these are down 20% from the most recent high.
After The Bell on now.
Oh well. Happens every few years. This stretch has been a record breaker. The king is dead. Long live the King.
If you thought your stocks were worth their price a few months ago, this is a 20% off sale.
“Buy when everyone else is selling and hold until everyone else is buying. That’s not just a catchy slogan. It’s the very essence of successful investing.”
-J. Paul Getty
Thanks BUMP!
It will recover some day. It sucks and it is artificially generated - purposely - and was preventable. Problem is, the global elites fight a different war than we say coming. Protecting their billions of illegal income was being halted, so they did what they had to to try to retain that grasp on their power and $$$. They are winning this battle, but hopefully not the war. One cannot compare this to 2008 or 1997 as those were not fake; this is fake. The virus was planted, the MSM play along to continue the fear and panic, and the hedge fund/global elites continue to short and orchestrate the market plummet. My advice? Buy cheap when you can. I bought too early and am down in my IRA and other investments 30% over the past week or so. It sucks.
The war is in the heavenlies not flesh and blood - these people are simply evil. They’ve killed many on purpose, destroyed lives, livelihoods, fortunes, etc. Remember Ephesians 6:
Finally be strong in the Lord and in the strength of His might. Put on the full armor of God, so that you will be able to stand firm against the schemes of the devil. Verse 12 – For our struggle is not against flesh and blood, but against the rulers, against the powers, against the world forces of this darkness, against the spiritual forces of wickedness in the heavenly places.
My stalker will tell you all is well because of Tueday.
All I will say is point to a statistic
Jonathan Krinsky,CMT
@jkrinskypga
·
-1865 NYSE TICK at 3:07
That is the LOWEST TICK reading since 9/17/01 which was the day the market opened after 9/11
Yeah I heard Liz say how many years it’s been but it slipped out of my brain.
FBN now replaying Trump from a few minutes ago.
He’s mentioning this.
More bad news, apparently.
Jennifer Griffin
@JenGriffinFNC
·8m
2 Americans and 1 Brit were killed when 15 Katyusha rockets landed at Taji Base in Iraq at about 7:52 pm local time today. “ISIS doesn’t have this capability,” I am told by a US military source. The US military is still treating the wounded right now, which number more than 11.
Nothing to cry about. We were a whisker from being in bear territory on Christmas Eve, 2018, but narrowly escaped it. So, the market is down 20 percent from the high. It’s happened before, and it’ll happen again. It could go lower, perhaps a lot lower. Over the long term, it’ll be fine. 10, 20 years from now, stocks will be a lot higher than they are now.
Thanks
Facts is Facts.
Your are absolutely correct
That’s why I didn’t put this in breaking news.
There are a number of things that could turn this around
WIll depend on Trump tonight
The only thing thing I hate about stock market crashes is I never have enough cash to truly capitalize.
This is not a normal market event. It has always been a possibility that a pandemic might happen given how the world has changed and how easily it has become to travel . The is all new and how it will all shake out.
Sad news, thanks for the info.
RIP to our brave men and the Brit who perished.
If you don’t sell, you don’t lose
If you are not invested you can’t lose
If your asset allocation is tweaked to your risk level(this makes many reasses) then your fine as Divs Cap gains ect will reinvest at the lower rates during the time period whatever that may be. When things turn around and they will,Walahh Mo Money.
If one is depended enthuse funds they need to reassess their spending habits and adjust their life style and hang on.
Draw down taxable 1st,principle from CDs vs interest and lastly retirement shelters funds.
This mess is not contributed to any market fundamental but reactions to an unknown at this time,Corona,although oil dips contributed.
That is all.
Iam not a financial guru but did stay at a Holiday inn
(didnt use the pool)
Buying opportunities.
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