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Forums59
Topics1,039,636
Posts13,968,163
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Most Online39,925
Dec 30th, 2023
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 Dow Correction
#12612136
02/05/18 08:11 PM
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Joined: Dec 2012
Posts: 22,582
lconn4
OP
TFF Guru
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OP
TFF Guru
Joined: Dec 2012
Posts: 22,582 |
Down 1600 at low today.. 
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Re: Dow Correction
[Re: lconn4]
#12612143
02/05/18 08:15 PM
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Joined: May 2007
Posts: 40,515
WAWI
TFF Guru
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TFF Guru
Joined: May 2007
Posts: 40,515 |
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Re: Dow Correction
[Re: lconn4]
#12612145
02/05/18 08:16 PM
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Joined: Jan 2009
Posts: 50,043
fouzman
Methuselah
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Methuselah
Joined: Jan 2009
Posts: 50,043 |
Who was the guy last week that said after a little profit taking we'd be back over 27,000 by week's end? That dead cat bounce was just that.
"Things turn out best for those who make the best of the way things turn out" - Zachary Troy Schrah - a young man with vision far beyond his years.
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Re: Dow Correction
[Re: lconn4]
#12612148
02/05/18 08:16 PM
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Joined: Nov 2008
Posts: 25,753
elcoyote, esq.
TFF Guru
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TFF Guru
Joined: Nov 2008
Posts: 25,753 |
I just sold everything and put it somewhere safe... bitcoin. Oh, wait. Never mind.
Team wolfs I had to perform. It took a minute to get it all in my mouth and another five to swallow it all.
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Re: Dow Correction
[Re: fouzman]
#12612154
02/05/18 08:17 PM
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Joined: Mar 2010
Posts: 25,874
T Bird
TFF Guru
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TFF Guru
Joined: Mar 2010
Posts: 25,874 |
Who was the guy last week that said after a little profit taking we'd be back over 27,000 by week's end? That dead cat bounce was just that. That would be me. I'm still all in.
Okie by birth, Texan by choice. ![[Linked Image]](https://texasfishingforum.com/forums/pics/userpics/2021/01/full-47849-80883-111.jpg) USAF "Thunderbirds" Alumni 1985-1989
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Re: Dow Correction
[Re: lconn4]
#12612159
02/05/18 08:19 PM
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Joined: Dec 2012
Posts: 22,582
lconn4
OP
TFF Guru
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OP
TFF Guru
Joined: Dec 2012
Posts: 22,582 |
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Re: Dow Correction
[Re: lconn4]
#12612168
02/05/18 08:23 PM
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Joined: May 2002
Posts: 5,742
JCG57
TFF Celebrity
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TFF Celebrity
Joined: May 2002
Posts: 5,742 |
If you have a long term perspective then every dip in the market is a buying opportunity. In the market, not necessarily specific stocks.
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Re: Dow Correction
[Re: elcoyote, esq.]
#12612186
02/05/18 08:30 PM
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Joined: May 2007
Posts: 40,515
WAWI
TFF Guru
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TFF Guru
Joined: May 2007
Posts: 40,515 |
I just sold everything and put it somewhere safe... bitcoin. Oh, wait. Never mind. It's getting stomped also lol
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Re: Dow Correction
[Re: lconn4]
#12612204
02/05/18 08:40 PM
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Joined: Jul 2010
Posts: 9,367
bigfishtx
TFF Celebrity
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TFF Celebrity
Joined: Jul 2010
Posts: 9,367 |
Percentage wise it's nothing.
Keep the Lord in your heart and keep your powder dry.
5:5
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Re: Dow Correction
[Re: lconn4]
#12612221
02/05/18 08:49 PM
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Joined: Jul 2006
Posts: 49,463
RATZ
Activity Coordinator
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Activity Coordinator
Joined: Jul 2006
Posts: 49,463 |
just a bump (or dip). Seriously this puts us back to where it was 3 weeks maybe a month ago. Not like you have lost everything today.
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Re: Dow Correction
[Re: RATZ]
#12612263
02/05/18 09:06 PM
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Joined: May 2007
Posts: 40,515
WAWI
TFF Guru
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TFF Guru
Joined: May 2007
Posts: 40,515 |
just a bump (or dip). Seriously this puts us back to where it was 3 weeks maybe a month ago. Not like you have lost everything today. My appl and chevron are over 20 bucks off their highs. Life goes on
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Re: Dow Correction
[Re: lconn4]
#12612270
02/05/18 09:10 PM
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Joined: Apr 2014
Posts: 8,389
Jpurdue
TFF Celebrity
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TFF Celebrity
Joined: Apr 2014
Posts: 8,389 |
Makes me wonder if the street has got a whiff of what Mueller is cooking and doesn't like the smell.
"Bragging may not bring happiness, but no man having caught a large fish goes home through an alley." -A.L. www.LunkerLore.com
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Re: Dow Correction
[Re: lconn4]
#12612442
02/05/18 11:02 PM
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Joined: May 2008
Posts: 3,835
donothin
TFF Team Angler
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TFF Team Angler
Joined: May 2008
Posts: 3,835 |
Political uncertainty, interest on the national debt, increasing interest rates are all a possibility. Could be merely a correction but it could be the start of something more.
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Re: Dow Correction
[Re: lconn4]
#12612492
02/05/18 11:39 PM
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Joined: Dec 2007
Posts: 14,549
bloo_rainger
TFF Guru
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TFF Guru
Joined: Dec 2007
Posts: 14,549 |
I bailed today. I cant afford another all out decline in the market. Wished I would have taken my own advice and bailed a couple of weeks ago when I said if the market didnt go up anymore this year we would already had a good year.
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Re: Dow Correction
[Re: lconn4]
#12612503
02/05/18 11:44 PM
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Joined: Dec 2012
Posts: 6,687
44 Diesel
TFF Celebrity
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TFF Celebrity
Joined: Dec 2012
Posts: 6,687 |
I hope this is not what they are referring to when they said wait till Feb for the tax plan to take effect 
Last edited by 44 Diesel; 02/05/18 11:45 PM.
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