Posted on 03/07/2020 6:09:00 PM PST by mdittmar
It may get better, but aside from specific stocks, it’s already an opportunity as long as you are looking out at least a year. There will be a lot of pent up demand from a dip like this.
I’m thinking the same way...once it hits 23000 I’m back in.
Next couple of weeks will be telling.
Some pharmaceutical stocks are really going up right now.....and set to go higher yet!
My response is first moderation and consistency. Plunging and all-in bets are too risky.
Buy low and sell high. If you are wrong, you can always shop at Bilo when they have sales.
Agreed, not baked in yet. Not quite enough of normal life disrupted yet. Once we see a large quarantine area like is hitting Italy. Maybe $1.50 gas and the Trump gains get close to being wiped out and people panic to sell to capture some gain then start buying stocks. I can’t be only person or company preserving cash in case business or income dries up due to illnesses. There seems to be plenty of downside left.
Agreed, not baked in yet. Not quite enough of normal life disrupted yet. Once we see a large quarantine area like is hitting Italy. Maybe $1.50 gas and the Trump gains get close to being wiped out and people panic to sell to capture some gain then start buying stocks. I can’t be only person or company preserving cash in case business or income dries up due to illnesses. There seems to be plenty of downside left. Back the truck up under dow 20k
Buy high, sell low. :)
Considering that when it bounces back it will likely be just that, a bounce, one should buy now. If it goes even lower , fine, it will come back to its highs. If you wait for the bottom you are going to get it after a thousand point bounce to probably higher than you would have bought it today.
31,000 by June.
What do I know, I was telling everyone to buy Tesla last Sept.
One thing always applies. Pigs get fed, hogs get slaughtered.
20,000 early next week.
We need this stuff to settle down in the US. This is going to be a tough week because we are ramping up testing. That will scare a bunch of people.
Not saying it’s based on reality....the stock market is anything but reality. Fear and greed. This is fear week.
I see this as a buy opportunity with a baked in gain in about a year. Wish i had a bunch of money not otherwise employed right now. Probably not the bottom yet though. 20% would be about 23,000. I expect at least that. Pretty stupid and panic driven though since most expect gdp loss of 3 to 5% globally.
Good time for some switching to dividend aristocrats with currently enhanced yields esp within tax deferred accounts to keep uncle sugar out of it for now.
Coca-Cola that will be fine in good and bad times... when companies like that sell off really badly, and their dividend yields (which are safe as safe gets) start to approach crazy high levels, then BUY, BUY, BUY
ABSOLUTELY!
No one knows. Anybody says they do is lying.
Stay short the market will go down until it stops and goes up.
Im buying SPY puts til they dont work anymore.
It goes down alot faster than it goes up.
Ok my cliche fest is over
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