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Stocks reverse higher to end brutal week
Yahoo Finance ^ | Feburary 9,2018 | Yahoo Finance

Posted on 02/09/2018 1:03:42 PM PST by Hojczyk

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To: Paulie
Oops.... I meant 24,600 will settle as the new floor after the next couple of weeks Number dyslexia....😎
21 posted on 02/09/2018 2:01:17 PM PST by nevergore (I have a terrible rash on my covfefe....)
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To: nevergore

Ooooo...bold prediction.

Hope you are right!


22 posted on 02/09/2018 2:02:48 PM PST by Paulie (America without Christ is like a Chemistry book without the periodic table.)
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To: abb

The problem is the speed at which that 10% came.

I think if it was over a period of weeks or months many more people would view it soberly instead of emotionally.


23 posted on 02/09/2018 2:05:11 PM PST by Paulie (America without Christ is like a Chemistry book without the periodic table.)
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To: Hojczyk

I want the market to go down another 15%. There are some really inexpensive stocks that are just begging to be bought at the right price. I read on this thread earlier about how they lived through the market corrections in the 80’s. I made best friends with my father in law and my dad when Hillary tried to take over the pharmaceutical industries when Bill was getting BJs and pretending to run things.

If you all remember that all the drug stocks, biotech stocks, health insurance stocks tanked. It was epic. All I have to say that Johnson and Johnson along with Amgen brought a smile to my father in law’s face. I just figured that we would still need baby powder, Tylenol, medicine that is cheap to make and prevents you from needing blood transfusions and helps your body fight infection.

“The market” might be expensive but there are companies that are still undervalued. Remember how everyone made fun of Buffet for buying rail company stocks a couple of years ago. Look at what his rail holding have done.

Investment is all about emotions and knowing your ability to trust your instincts. People even dump out of mutual funds and ETFs which are designed to mitigate risk and avoid emotional trading....at the bottom when it’s the cheapest as opposed to dollar cost averaging and letting the beauty of compounding interest help them.


24 posted on 02/09/2018 2:12:22 PM PST by Dick Vomer (2 Timothy 4:7 deo duce ferro comitante)
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To: Hojczyk

So basically this was all about the fear of shutdown and program trading.


25 posted on 02/09/2018 3:23:43 PM PST by pas
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To: Jonny7797

How old are you?


26 posted on 02/09/2018 3:23:59 PM PST by brianr10
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To: brianr10

That’s a rather personal question but I’m 48.


27 posted on 02/09/2018 3:26:08 PM PST by Jonny7797
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To: Hojczyk

After listening to Rush today, and his theory the Fed is conspiring to cause the market to tank, I am asking, who is Powell, and is he a homicide conservative or like justice Kennedy and Souter, a squishy plant by the Left???

Who is Powell, really???


28 posted on 02/09/2018 3:30:04 PM PST by CincyRichieRich (Do not go gentle into that good night. Dylan Thomas)
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To: Jonny7797

You have a pretty high risk tolerance.


29 posted on 02/09/2018 3:33:01 PM PST by brianr10
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To: brianr10

That’s a fair statement.

I don’t like to lose but I tend to preserver due to my high opinion of the economy and of things to come yet under Trump given what’s he’s doing to unleash our economy.


30 posted on 02/09/2018 3:43:54 PM PST by Jonny7797
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To: Hojczyk

I’m curious about how all this affects CALPERS and other government retirement.

Many years ago, I watched a documentary where the CALPERS people were all giddy about how much money they were making in the stock market and how they were going to force liberal policies on the companies whose stock they purchased.

It seems like they were barely limping along in a great market.


31 posted on 02/09/2018 4:13:46 PM PST by blueunicorn6 ("A crack shot and a good dancer")
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To: Hojczyk

I wonder how many Democrats lost to the Democrat shorts? A circle of misery, they are. ;-)


32 posted on 02/09/2018 4:54:25 PM PST by familyop (President Trump said that we're all important, so let's do something!)
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