Is everyone keeping an eye on the markets?

Parent Cafe
1

<p>As one strategist put it “It’s showtime.” </p>

<p>Ya had to figure all this subprime lending and loan defaults were gonna bite us in the derrierre eventually.</p>

2

<p>Sell in May and stay away (at least until Nov. 1).</p>

3

<p>Yup watching and someone, I don’t recall who, almost ripped me a new you know what when I made the statement that the economy was still shaky and unstable in a thread about a month ago.</p>

4

<p>this certainly was a down day, but I’m not a great predictor of the future. It may be nothing more than a pullback regained in a couple of days, or it may be the start of the next depression. It also may be somewhere in between.</p>

5

<p>mom! No! Someone was rude on CC?? Just kidding…you were right. What has been going on in mortgage funding has been a problem in the making for a couple of years. The market is very squeamish on that issue. But hey…at least we have a buying opportunity in the making. Silver lining.</p>

<p>Washdad - I like that strategy…sit tight, especially during October.</p>

6

<p>CNN reported this AM that Exxon/Mobil made 10 billion this quarter, and they predicted that the news would bring the markets down for some reason.
<a href=“http://money.cnn.com/2006/07/27/news/companies/exxon/index.htm[/url]”>http://money.cnn.com/2006/07/27/news/companies/exxon/index.htm&lt;/a&gt;
I divided 10 billion by 300 million (approx. number of people in the US) and came up with 33 dollars per person profit per quarter. That equals $400 for our family this year, from one oil company!</p>

7

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<p>Because Exxon could have made LOTS more (as scary as that is to think about).</p>

8

<p>This is NOT the time we wanted to have to sell some of my fa’s stock to handle house repairs. But as my h said, all the market did this week was go back to here it was at the beginning of the month. That feels much better-- easier pill to swallow, as they say.</p>

9

<p>Started shorting the home builders since beginning of the month. The profits goes toward covering my long positions in technology. Beware,the VIX (volatility index) kicked up and you don’t see the nice even daily trend anymore. I am on edge because most of my positions are short term. If you are long term investor, opportunities are golden where you can find them.</p>

10

<p>The market hovered at 11K for how many years? Seven? Eight? Long term investors are still chuffed.</p>

11

<p>Not true. US Market had tremendous,sustained rally last 3-4 years. Even more ahead of US is the Asian market especially Chinese funds.</p>

12

<p><a href=“smallinvestors.com”>smallinvestors.com;

<p>When I look at the second chart through the eyes of a long term investor, I see a market hovering around 11K from 1999 thru 2006–with a dip at 2002. Where do you see a three year rally in the Dow?</p>

<p>China is another story altogether.</p>

13

<p>dollar cost averaging…dollar cost averaging…dollar cost averaging…dollar cost averaging…dollar cost averaging…</p>

14

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Down severily one day, and up sharply another day.
It seems like a YoYo to me.;)</p>

15

<p>I’m not a financial market expert…What is considered “extreme” yoyo-ing? My husband lives back in the days of the 1000-2000 Dow, when a 50 point drop was considered shaky. Now he looks at anything over 200 as the bottom dropping out. What percentage is considered “big” nowadays?</p>