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Stock Market Widespread Panic?

Posted on 4/3/13 at 10:26 am
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16900 posts
Posted on 4/3/13 at 10:26 am
is this our correction?

what am i missing...



Posted by Big Data
Scotch Fan
Member since Nov 2007
2553 posts
Posted on 4/3/13 at 10:34 am to
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 4/3/13 at 10:51 am to
quote:

what am i missing...

Maybe a brain?

The DJ is down 0.42% today. Not a panic.....
Posted by Blue Velvet
Apple butter toast is nice
Member since Nov 2009
20112 posts
Posted on 4/3/13 at 12:18 pm to
quote:

j5geaux
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16900 posts
Posted on 4/3/13 at 12:54 pm to
still going down bro.

also, it could just be my portfolio. even though the market was up yesterday, almost my entire portfolio was in the red :/
This post was edited on 4/3/13 at 12:59 pm
Posted by Lsut81
Member since Jun 2005
80099 posts
Posted on 4/3/13 at 12:55 pm to
quote:

Stock Market Widespread Panic?


Huh???? It's not even down 1/2 a percent
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 4/3/13 at 12:56 pm to
quote:

also, it could just be my portfolio. even though the market was up yesterday, almost my entire portfolio was in the red


Same here....
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16900 posts
Posted on 4/3/13 at 12:59 pm to
for instance. % change as of a few mins ago

ADM -1.96
AFL -0.47
BA 0.48
CAT -1.21
CHK -3.71
COP -1.21
CVRR -1.32
CVX -1.19
JPM -2.72%
LNG -4.84
MO -0.71
MPC -5.78
MRO -0.48
PSX -7.31
RF -1.99
RTN 1.06
SNTS -4.95
TSH -1.15
VMW -2.69
XOM -0.59

fwiw my refiners have taken most of the hits. but there does appear to be some collateral damage.
This post was edited on 4/3/13 at 1:01 pm
Posted by Lsut81
Member since Jun 2005
80099 posts
Posted on 4/3/13 at 1:02 pm to
quote:

fwiw my refiners have taken most of the hits


Thats because that upstream nat gas company (don't remember who it was) declared bankruptcy yesterday...
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 4/3/13 at 1:04 pm to
quote:

still going down bro.

So it's now down .78%. And you seriously call that a "stock market widespread panic"???

quote:

even though the market was up yesterday, almost my entire portfolio was in the red
That sucks. I was up very nicely yesterday and several of my stocks are up nicely today....MRK, LMT and CMI just to mention three.

However, I do thank you for starting this thread. Usually when someone starts a thread like this, it's a very good time to buy more stock....which I just did.
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16900 posts
Posted on 4/3/13 at 1:05 pm to
GMXR i believe.

i saw that as well. didn't think it would have this type of impact.
Posted by Lsut81
Member since Jun 2005
80099 posts
Posted on 4/3/13 at 1:05 pm to
quote:

Usually when someone starts a thread like this, it's a very good time to buy more stock....which I just did.







Russian, whats your email? Want to ask you something, but want to keep it off the board.
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16900 posts
Posted on 4/3/13 at 1:06 pm to
fwiw there was a bit of sarcasm in my OP.

glad i could give you the heads up though.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 4/3/13 at 1:08 pm to
quote:

fwiw my refiners have taken most of the hits




Thats because that upstream nat gas company (don't remember who it was) declared bankruptcy yesterday...


No, its because yesterday the EPA has mandated the refiners extract more sulphur from gas starting in 2017. This will be an expensive theing to adjust to.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 4/3/13 at 1:10 pm to
quote:

Russian, whats your email? Want to ask you something, but want to keep it off the board.


Please post your email (at your own risk ) and I'll email you. I posted my email address a week or so ago and you won't believe the number of spam/junk emails I got within 24 hours....I stopped counting at around 25.
Posted by Lsut81
Member since Jun 2005
80099 posts
Posted on 4/3/13 at 1:10 pm to
quote:

No, its because yesterday the EPA has mandated the refiners extract more sulphur from gas starting in 2017. This will be an expensive theing to adjust to.


Which upstream company declared bankruptcy yesterday? Read and article where they cited the price compression as reasoning.
Posted by Lsut81
Member since Jun 2005
80099 posts
Posted on 4/3/13 at 1:11 pm to
(no message)
This post was edited on 4/3/13 at 1:16 pm
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16900 posts
Posted on 4/3/13 at 1:11 pm to
CMI - growth over the past four years is awesome. wish i had been there and not CAT

LMT - need to move my RTN there. Pops put me in RTN years back and i never moved it.

MRK - done great as well.

might need to move some of my spec stocks out back into blue chippers for a while. too busy to pay attention all the time.

This post was edited on 4/3/13 at 1:13 pm
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 4/3/13 at 1:14 pm to
quote:

fwiw there was a bit of sarcasm in my OP.
Oh, okay. In that case, you got me....

quote:

glad i could give you the heads up though.
Seriously, thanks. I'm already up about .20% on the DOW that I just bought based on seeing your thread.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 4/3/13 at 1:16 pm to
YGM.

BTW, we must have exchanged emails sometime in the past because when I started to enter the address you gave your address was already in my contacts list.
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