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If you are going to put money into the market today.....

Posted on 8/24/15 at 8:35 am
Posted by 632627
LA
Member since Dec 2011
12712 posts
Posted on 8/24/15 at 8:35 am
What would you buy?
Posted by Broseph Barksdale
Member since Sep 2010
10571 posts
Posted on 8/24/15 at 8:37 am to
a put option. This isn't the bottom.
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 8/24/15 at 8:38 am to
VYM
Posted by Hammond Tiger Fan
Hammond
Member since Oct 2007
16209 posts
Posted on 8/24/15 at 8:40 am to
I invested $3500 last week between two ROTH IRAs on the inital drop. I should've waited a little longer.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80750 posts
Posted on 8/24/15 at 8:42 am to
I'm giving it a week and then re-evaluating the situation. I don't see this stopping any time soon
Posted by Hammond Tiger Fan
Hammond
Member since Oct 2007
16209 posts
Posted on 8/24/15 at 8:50 am to
quote:

I'm giving it a week and then re-evaluating the situation. I don't see this stopping any time soon


How low do you think it will go?
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
55206 posts
Posted on 8/24/15 at 8:52 am to
After never being in the stock market for over 40 years, I put 200k into the market last year

Fortunately I held off on another 200k and went with real estate and held some cash


I hate insecurity
Posted by fatboydave
Fat boy land
Member since Aug 2004
17979 posts
Posted on 8/24/15 at 8:52 am to
It ain't finished going down.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80750 posts
Posted on 8/24/15 at 8:54 am to
No telling right now; I want to see how the rest of the week plays out to see if it starts pointing a certain direction for the following weeks
Posted by Clyde Tipton
Planet Earth
Member since Dec 2007
38719 posts
Posted on 8/24/15 at 8:57 am to
I'm thinking...

quote:

This isn't the bottom.


Posted by TigerDeBaiter
Member since Dec 2010
10254 posts
Posted on 8/24/15 at 9:03 am to
IMO, any "deals", which were pre-market lack of liquidity are gone. This fall from here still.
Posted by ItNeverRains
37069
Member since Oct 2007
25382 posts
Posted on 8/24/15 at 9:51 am to
Nothing. Check my stock app on iPhone shows DJIA @ just under 15958. Turned on CNBC to see WTF and it shows 16300. tinfoil...
Posted by zelman
Bogan Walk
Member since Feb 2015
2400 posts
Posted on 8/24/15 at 10:19 am to
UNP.
Posted by Big Scrub TX
Member since Dec 2013
33285 posts
Posted on 8/24/15 at 10:34 am to
quote:

a put option.


The opposite. I would sell APPL long-term vol.
Posted by Dr Rosenrosen
Member since May 2006
3332 posts
Posted on 8/24/15 at 10:37 am to
I think the bottom will be around 1750-1800 on the S&P, which would represent a 16-18% drop from the high. It would be a VERY healthy correction IMO if that's indeed the bottom for 2015.

Personally, I am planning to deposit $8K in mid-October.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 8/24/15 at 10:39 am to
Gonna wait a few weeks I think
Posted by Jp1LSU
Fiji
Member since Oct 2005
2542 posts
Posted on 8/24/15 at 10:43 am to
I added to aapl and key today. Bought CPE and xom.
Posted by zelman
Bogan Walk
Member since Feb 2015
2400 posts
Posted on 8/24/15 at 10:56 am to
quote:

CPE


Great little company, but oil is going to be tough in the near to mid term.
Posted by roguetiger15
Member since Jan 2013
16143 posts
Posted on 8/24/15 at 11:00 am to
oil dropping below 40 a barrell is the biggest reason for this imho
Posted by Jp1LSU
Fiji
Member since Oct 2005
2542 posts
Posted on 8/24/15 at 11:15 am to
This is the 5th time in 2015 that I've bought into CPE. I've been buying/adding at around $6-$7 and selling at $9 ish. A true benefit of the oil price saga.
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