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I am in...

Posted on 8/1/14 at 7:59 am
Posted by Cmlsu5618
Destin, FL
Member since Sep 2010
3763 posts
Posted on 8/1/14 at 7:59 am
- Non-farm payrolls rise 206k.

- Jobless rate falls to 6.2%

- Moderate, but still easy monetary policy.

- Interest rates still historically low expected to gradually rise which should bode well for stocks.

- YoY earnings are showing up fairly well overall and the S&P is trading less than 20 earnings. Some developed international markets are trading at a discount to that.

I'll hang tight for now.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 8/1/14 at 8:34 am to
I just read this book. I'm in. No wait, I'm out.
Posted by nelatf
NELA
Member since Jan 2011
2296 posts
Posted on 8/1/14 at 8:40 am to
I made my move without quantitative support - rather an emotional sell.

You seem to have done a better job sticking with your game plan based on fundamentals.

Posted by southernelite
Dallas
Member since Sep 2009
53177 posts
Posted on 8/1/14 at 8:42 am to
LSU only sold out one game. I'm out.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 8/1/14 at 9:00 am to
Iowa no good. I'm in.
Posted by Cold Cous Cous
Bucktown, La.
Member since Oct 2003
15046 posts
Posted on 8/1/14 at 9:07 am to
I strongly believe that buy and hold is the best way to invest, and that timing a market is a fool's game.

But this time is different...
Posted by UL-SabanRival
Member since May 2013
4651 posts
Posted on 8/1/14 at 9:48 am to
Got out when my 3Ds ticked up the other day. frick this place. I feel a deep darkness approaching.

Aaaaaaaaaaaaaaahhhhhhhhhhhhh!!!!
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
48945 posts
Posted on 8/1/14 at 9:56 am to
Silly thread is silly

Stick in and hold through the ups and downs!
Posted by Cmlsu5618
Destin, FL
Member since Sep 2010
3763 posts
Posted on 8/1/14 at 2:21 pm to
"Over the long term, stock market news will be good.

In the 20th century, the United States endured two world wars and other expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president.

Yet the Dow rose from 66 to 11,497"
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