Started By
Message

re: Dow futures fall 100 points

Posted on 8/25/15 at 3:06 pm to
Posted by baytiger
Boston
Member since Dec 2007
46978 posts
Posted on 8/25/15 at 3:06 pm to
man this is all so depressing. we made out really well selling our house, then we put the money in the market 3 weeks to hold until we bought our next house in 2-3 years... and we lose 10%+ of our value immediately

it's obviously going to go down more, because that's just my luck. sorry for dooming your retirement accounts guys
Posted by blueboy
Member since Apr 2006
56331 posts
Posted on 8/25/15 at 3:06 pm to
Either way, I expect to see a lot more "Zionists are destroying the world" threads on the poli board.
Posted by jennBN
Member since Jun 2010
3151 posts
Posted on 8/25/15 at 3:16 pm to
Unless you sold, you haven't lost anything yet. You still hold the same shares and this is only 3 days of trading. If you have 2-3 years until you buy a house that's plenty of time. Keep your head up....there is still a lot of ball to be played :)
Posted by baytiger
Boston
Member since Dec 2007
46978 posts
Posted on 8/25/15 at 3:19 pm to
I know, I'm not really panicking. I did sell one of our holdings and I know that was a mistake (took off all my stop losses but that one for some reason.. and it was the only ETF that rebounded today), but I'm standing firm with the rest. It just sucks to watch it all go away when we could have been buying now if we had just waited a month
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69294 posts
Posted on 8/25/15 at 3:21 pm to
dow will rally at least 500 points tomorrow.
Posted by jennBN
Member since Jun 2010
3151 posts
Posted on 8/25/15 at 3:23 pm to
meh, timing the market is a gift we all wish we had. It tears people up to think of what could have, would have etc. I don't know much about the market but as long as you never sell when you are losing technically you never lose.
Posted by deltaland
Member since Mar 2011
90598 posts
Posted on 8/25/15 at 3:35 pm to
I play the market like I play blackjack in a casino...I'll put in only what I'm willing to lose and let it ride..if I get up to the predetermined amount I wanted to make/win I cash out. I don't get greedy or feel bad about not leaving it in just because it went higher after I cashed out.
Posted by LSU1NSEC
Member since Sep 2007
17243 posts
Posted on 8/25/15 at 6:13 pm to
Will try to post some new spx/dow targets soon. Have to check out some charts.
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69294 posts
Posted on 8/25/15 at 6:58 pm to
dow futures down 130
Posted by LSU1NSEC
Member since Sep 2007
17243 posts
Posted on 8/25/15 at 7:01 pm to
SPX target is 1810 to 1820. A test of 1800 wouldn't surprise me.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 8/25/15 at 7:59 pm to
Bottom where on your chart? At what point if it breaks through does it not have a floor?

I'm probably not using the correct verbiage as I'm not a technical guy, but curious what you're seeing.

My basic understanding is we are at, or were at a head and shoulders chart as of Monday.
Posted by LSU1NSEC
Member since Sep 2007
17243 posts
Posted on 8/25/15 at 8:28 pm to
Just my opinion, but I have a move to lower 1800's then a bounce back to 1960/1970 area. Afterwards I think another big move down happens.

SPX 1700 area is interesting to me for multiple reasons.

Will see how it plays out.

What's your opinion as far as potential targets?

Posted by Volvagia
Fort Worth
Member since Mar 2006
51904 posts
Posted on 8/25/15 at 8:30 pm to
quote:

dow futures down 130






Damn

We blew our rainbows and unicorns wad today and it fizzled out.


It might be red across the board the entire week.

This post was edited on 8/25/15 at 8:31 pm
Posted by ell_13
Member since Apr 2013
85032 posts
Posted on 8/25/15 at 8:37 pm to
quote:

It might be red across the board the entire week.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 8/25/15 at 8:41 pm to
quote:

Just my opinion, but I have a move to lower 1800's then a bounce back to 1960/1970 area. Afterwards I think another big move down happens.

SPX 1700 area is interesting to me for multiple reasons.

Will see how it plays out.

What's your opinion as far as potential targets?


I'm not at all a chart guy, and any guess I have is purely a guess. That's why I asked you. I listen to chart guys about every afternoon, but outside of thinking it looked like a classic head and shoulders, I have no clue what most of it means.

I am almost 100% fundamentals, and I need to learn how to add the technicals in tot he equation at some point. point. I can give a thousand well thought out long term reasons to not buy certain Nasdaq stocks right now, or on any dip unless it has fundamentals. And I bet long term I'm right, but I don't understand charts very well at all.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 8/25/15 at 8:55 pm to
quote:

dow futures down 130

You appear to be looking at only the current futures value. To get the correct implied opening of the DJ you have to take the difference between the current futures value and the futures fair value amount.

As of right now the implied DJ opening is UP by about 50 points on the Dow Jones in spite of the current futures being negative.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 8/25/15 at 9:07 pm to
quote:

SPX 1700 area is interesting to me for multiple reasons.



Support from 2009, no?
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 8/25/15 at 9:17 pm to
The 2009 low for the S&P 500 was 666.79 on March 6.
Posted by LSU1NSEC
Member since Sep 2007
17243 posts
Posted on 8/25/15 at 9:38 pm to
quote:

I'm not at all a chart guy, and any guess I have is purely a guess. That's why I asked you. I listen to chart guys about every afternoon, but outside of thinking it looked like a classic head and shoulders, I have no clue what most of it means.

I am almost 100% fundamentals, and I need to learn how to add the technicals in tot he equation at some point. point. I can give a thousand well thought out long term reasons to not buy certain Nasdaq stocks right now, or on any dip unless it has fundamentals. And I bet long term I'm right, but I don't understand charts very well at all.



Gotcha. Will be interesting to see if market makes a bigger move down or not. Crazy week! LOL
Posted by LSU1NSEC
Member since Sep 2007
17243 posts
Posted on 8/25/15 at 9:47 pm to
quote:

Support from 2009, no?


Was looking at trend lines and moving averages on the weekly SPX chart. That 1700 area looks interesting.
Jump to page
Page First 6 7 8 9 10 11
Jump to page
first pageprev pagePage 8 of 11Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram