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Old 02-02-2018, 07:59 PM
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Long bond over 3.0 VIX over 17!

Over due correction - will likely open lower on Monday but will come back by the end of the day on buying.

Great time to pick up some deals as market refreshes.
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Old 02-02-2018, 11:54 PM
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Old 02-03-2018, 01:53 PM
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God bless Trump! I jut got a $3000 a year tax saving on my take home pay too Jan 1st too
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1971 Torino 351c 4v GT convertible. White/white with black,4 speed, shaker, am/fm, ps/pdb, buckets/console, ac, flip headlights

1969 GTO Judge Warwick blue/blue, RAIII, 4 speed, tach/gauges, safe t track, flip headlights, 3.55's, ps and radio.
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Old 02-03-2018, 04:24 PM
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Investing for the long run but listening to market news everyday is like a man walking up a big hill with a yo-yo and keeping his eyes fixed on the yo-yo instead of the hill.
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Old 02-03-2018, 07:09 PM
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Just a reminder do not turn this into a political discussion. The market will have many correction and ups and downs. The last 9 years have been very fruitful for investors in the market. Looking at the daily variances is not a good indicator.
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Old 02-04-2018, 01:21 PM
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10 Year pushed 2.8, market scared the FED will raise interest rates too quickly. Monday will start down, will likely close in modest territory by the end of the day. % wise this isn't even close to 1987's 22.67% although the 508 point drop has been compared endlessly by the mindless talking heads in the bright box on the wall. This too shall pass.
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Last edited by The Boss; 02-04-2018 at 01:24 PM.
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Old 02-05-2018, 08:01 PM
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Last edited by Lee Stewart; 02-05-2018 at 08:06 PM.
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Old 02-05-2018, 08:08 PM
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Today was a little scary - lots of profit taking. Down between 6 & 7% in 2 days is a little disturbing.
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Some guys they just give up living
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Some guys come home from work and wash up,
And go racin' in the street.

Bruce Springsteen - Racing In The Street - 1978
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  #29  
Old 02-06-2018, 11:47 AM
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Opening lower, world markets lower (Asia 3-5%, Euro markets 2-3%), should find the bottom today.

Sell-off has been largely machine trading
Average for market resets that exceed 5% is 12%
Market ALWAYS tests a new Fed Chairman
Wages year over year up 2.9% on Friday sparked the inflation fears
Market has already priced in 2 Fed increases for the year, 1 or 2 more likely
VIX at 49.21 - not good, but XIV (the inverse) went from 99 to 15 in after hours which is a very good sign.
Futures are all over the place, down almost 700 one minute 400 the next.

Please put your seats in the upright position and fasten your seat belts, this will be a bumpy landing but a GREAT opportunity to buy into certain stocks at a huge discount!
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Some guys they just give up living
And start dying little by little, piece by piece,
Some guys come home from work and wash up,
And go racin' in the street.

Bruce Springsteen - Racing In The Street - 1978

Last edited by The Boss; 02-06-2018 at 12:40 PM. Reason: Correction to VIX
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  #30  
Old 02-06-2018, 01:43 PM
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10 minutes into the day, Dow opened over 500 down, now down 50 with swings to 80/100 down.

NASDAQ up, heat map is going green.
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Some guys they just give up living
And start dying little by little, piece by piece,
Some guys come home from work and wash up,
And go racin' in the street.

Bruce Springsteen - Racing In The Street - 1978
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