Posted on 01/24/2014 10:21:21 AM PST by STJPII
Not sure if this is an adjustment or disaster. We need to stop the hemorrhaging by Monday.
(Excerpt) Read more at marketwatch.com ...
Dow Jones Industrial Average
Dow Jones Indices: .DJI - Jan 24 1:51 PM ET
16,001.39-195.96 (-1.21%)
Microsoft is up nicely today, and it also pays a 3% dividend.
That is a pretty rapid drop...
Bump for Later, if it’s not TEOTWAWKI
When the Chinese bank opens back up the market will zoom again. As long as the Fed keeps re-arranging the deck chairs the Titanic will continue to float.
Me too. I'm watching the folks on CNBC trying to calm people down. They keep talking about the strong fundamentals of the American economy. My own eyes see things a bit differently.
Procter and Gamble wants 30 bucks for a box of Tide at BJ's or Costco. Take a look at their earnings report - Americans are refusing to pay it. Sales in "developed countries" are down. People just don't have the money. FOr some reason P&G is up today.
You really didn’t think 16 and change was for real, did you?
“There’s a cool way to play this. Each sell-off day, check to find the stocks that didn’t dive, or actually went up! Then check that list with a list of companies reporting higher earnings. Finally, compare the list that’s left to stocks trading at a forward PE multiple less than 16X and which pay a dividend in excess of 1.5% Those are the companies the big boys will be or are, rotating into.”
Sweet thinking on the above! I have a diverse portfolio. Hard to rotate out of some sectors.
Quick someone pass some gun control....or...or a special econo-nomic zone....or....or just GIVE them alaska....revolution in mexico?........someone HAS to do SOMETHING.....quick.....oh the humanity.
:)
The fall had to come. The printing of money incessantly, being poured into the market, helped it to make great gains. Now that the printing machines have slowed, there is less capitol to trade on. It had to come.
Well, since the Chinese kicked off this meltdown party I'd buy some of the ProFunds Triple Levered Bearish China ETF symbol $YANG
DJIA -243.87 (-1.51%)
Bubble, bubble, crony capitalism is trouble.
We need to stop the hemorrhaging by Monday.
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Why?
I’m getting killed.
Denver was an AFL team but Seattle was never in the AFL, they didn’t exist until 1976.
Bill O’Reilly gave some prescient advice around the new year. He said to put stops under your investments so you wouldn’t be hurt during an expected correction. He’s a bloviator for sure but it appears that was prudent, precautionary financial advice.
Gubmint is still printing lots of money to prop up the economy. In that environment a 20% decline is probably not going to happen but 10-15% downside is definitely possible.
Gold and silver holding and that was a fast drop...huge control effort.
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