- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Stock market just fell off a cliff... -1,193.70
Posted on 2/27/20 at 3:57 pm to doublecutter
Posted on 2/27/20 at 3:57 pm to doublecutter
quote:
It they buying, sell.
If they selling, buy.
I don't think this wisdom, which is being posted by everyone, can be posted enough! What's shocking is that with this wisdom so commonly known to all that the market ever has sellers for buyers or vice versa.
1
Posted on 2/27/20 at 4:02 pm to reo45
quote:
And this is with the QE since last October through repo market and last year lowering interest rates and reversing course after raising them (a paltry 0.25 if a percent three times I believe) to save such a robust economy *cough*--not corona but the bull shite gets me.
The federal funds rate is currently 1.75%. During 7 of Obama's 8 years in office it was 0, and never eclipsed .5%. Since Trump took office the rate had climbed a full 2% to 2.5%, and the economy has been growing while the Federal funds rate was increased. And the stock market also grew inspite of the higher rates. The FED got a little rambunctious by going all the way to 2.5% and then did a few rate cuts, to the present 1.75%.
Your bull shite post shows a complete ignorance to what is going on with interst rates. It is 100% factually wrong.
Posted on 2/27/20 at 4:03 pm to reo45
OP is wish casting
Posted on 2/27/20 at 4:04 pm to 4LSU2
quote:
Buy while you can.
When it bottoms out sure, it hasn't bottomed out.
Posted on 2/27/20 at 4:05 pm to Azkiger
quote:
When it bottoms out sure, it hasn't bottomed out.
How will we know it has bottomed out?
Posted on 2/27/20 at 4:05 pm to reo45
quote:
Get out while you can.
So you are the guy that taught my wife to buy high and sell low. It only took her 8 months to lose two-thirds of her investment.
Posted on 2/27/20 at 4:05 pm to cwill
quote:
I don't think this wisdom, which is being posted by everyone, can be posted enough! What's shocking is that with this wisdom so commonly known to all that the market ever has sellers for buyers or vice versa.
Emotion quite often defeats wisdom
And of course while the rule you cited is valid it probably isn't valid in all cases. For example if you are somebody who let yourself stay way over exposed to stocks way late near your retirement then you probably need to get the frick out. LOL
Posted on 2/27/20 at 4:07 pm to reo45
quote:
And this is with the QE since last October
What?
QE ended 29 October 2014.
Posted on 2/27/20 at 4:07 pm to Azkiger
quote:
When it bottoms out sure, it hasn't bottomed out.
Calling a bottom is impossible
Posted on 2/27/20 at 4:08 pm to cwill
quote:
How will we know it has bottomed out?
Use a bit of common sense, public panic over this will last a while.
Washington St just closed down a high school because one of the relatives of one of the teachers tested positive. People are freaking out over this. It will not be out of the news cycle tomorrow.
Posted on 2/27/20 at 4:08 pm to ShortyRob
quote:
And of course while the rule you cited is valid it probably isn't valid in all cases.
Posted on 2/27/20 at 4:09 pm to ShortyRob
quote:
Calling a bottom is impossible
Not if you have common sense.
Posted on 2/27/20 at 4:10 pm to Azkiger
quote:
Washington St just closed down a high school because one of the relatives of one of the teachers tested positive. People are freaking out over this. It will not be out of the news cycle tomorrow.
Complete overreactions like this is what will cause problems.
Posted on 2/27/20 at 4:10 pm to cwill
quote:quote:
Calling a bottom is impossible
Not if you have common sense.
Are you a billionaire? Serious question.
Posted on 2/27/20 at 4:10 pm to Henry Jones Jr
quote:Even then, wait it out.
Unless you are 70 years old and are retiring next month, wait it out
Posted on 2/27/20 at 4:11 pm to GumboPot
Just check a couple posts above mine and maybe you'll get it.
Posted on 2/27/20 at 4:14 pm to cwill
quote:
Just check a couple posts above mine and maybe you'll get it.
Or just wait a day, see another drop, and realize that I was right.
Posted on 2/27/20 at 4:14 pm to ShortyRob
quote:
Calling a bottom is impossible
I got pretty close in 2008-2009. I had just changed jobs and rolled my 401k over to schwab. It was sitting in cash in my new rollover IRA and the dow was at about 14000. My plan was to do a few buys over about 6 months. Then the bottom fell out. I kept in cash, and started buying big when it hit about 8000. It dropped another 500 or so, then started to rebound.
My wife thought I was some sort of genius, but the truth was i was very lucky, and made a lot of money with those moves.
Posted on 2/27/20 at 4:15 pm to GumboPot
He's talking about the non-qe QE. The repo balance sheet expansion. They took on over $400B in securities which completley wiped out any tightening that occured during the Trump term.
This sell-off is not Corona induced it's the Fed's forward guidance on repo operations for April. Their last minutes indicated that they are going to taper those operations.
Also, the market is pricing in 3 rate cuts. So once the Fed completely folds on their forward guidance, they will cut rates, and establish a permanent repo facility to deal with the regulatory issues and liquidity shortfalls for overnight lending. Just like they did after January 2019, the markets will hit ATHs again on more leverage. They won't let it fall when a communist is a leading presidential candidate.
This sell-off is not Corona induced it's the Fed's forward guidance on repo operations for April. Their last minutes indicated that they are going to taper those operations.
Also, the market is pricing in 3 rate cuts. So once the Fed completely folds on their forward guidance, they will cut rates, and establish a permanent repo facility to deal with the regulatory issues and liquidity shortfalls for overnight lending. Just like they did after January 2019, the markets will hit ATHs again on more leverage. They won't let it fall when a communist is a leading presidential candidate.
Posted on 2/27/20 at 4:16 pm to reo45
quote:
Get out while you can.
Yes... please unload it all, today!
Page 5 of 10
Back to top
Follow TigerDroppings for LSU Football News