will you buy if we dip below 12?: Lavender Room: Slowtwitch Forums

Bike Shops Coaches Fitters Race Calendar Running Stores Store Stack & Reach Training Log Triathlon Clubs We Noticed
		MAIN INDEX	RULES & LEGEND	LOG IN

Slowtwitch Forums: Lavender Room:
will you buy if we dip below 12?

iO4

Jun 1, 12 12:35

Post #1 of 10 (812 views)

will you buy if we dip below 12?	Quote \| Reply

Seems feasible to ride one more bounce of volatility before the market really starts to take a dive at the mere thought of the wingnuts becoming president. ;-)
----
Don't hold back

MJuric

Jun 1, 12 12:43

Post #2 of 10 (769 views)

Re: will you buy if we dip below 12? [jO4] [In reply to]	Quote \| Reply

The mere fact that it's below 12 will trigger a bunch of people to do exactly that. You might get a bounce for no other than psychological reasons. "Look it's below 12, Buy!"

OTOH you might have an "Oh crap it's below 12, SELL!"

See why I don't play the market :-)

~Matt

j p o

Jun 1, 12 12:45

Post #3 of 10 (766 views)

Re: will you buy if we dip below 12? [jO4] [In reply to]	Quote \| Reply

jO4 wrote:

Seems feasible to ride one more bounce of volatility before the market really starts to take a dive at the mere thought of the wingnuts becoming president. ;-)

So here is my free analysis/prediction that you can't hold me to. :)

I pulled out some time in April when the S&P was at 1370. At this moment it is sitting at 1279. I'm thinking mid-August for my return, though it is awfully tempting to come back now.

The situation in Europe has not improved and there is no reason to think the economy will take off without notice. The only thing that would be driving it right now is that there is a lot of money sitting on the sidelines waiting to be invested. But I think the most that will do is stabilize the market a little, not reverse it.

I asked my wife if it was wrong of me to be hoping for a crash even if it means Romney wins the election?

tigerpaws

Jun 1, 12 12:47

Post #4 of 10 (759 views)

Re: will you buy if we dip below 12? [jO4] [In reply to]	Quote \| Reply

Yea get in at the top of an epic asset bubble so I can do a DiCaprio on the back of the TITanic!

I will wait for 6 when Europe stops buying any of what little we produce.

spot

Jun 1, 12 15:23

Post #5 of 10 (693 views)

Re: will you buy if we dip below 12? [j p o] [In reply to]	Quote \| Reply

j p o wrote:

jO4 wrote:

Seems feasible to ride one more bounce of volatility before the market really starts to take a dive at the mere thought of the wingnuts becoming president. ;-)

I'm not going to put any money into the stock market until fall or late fall. The whole Europe thing has me greatly worried, and I don't think that our fragile recovery (if you can even call it that) won't survive a serious downturn in Europe. There does not seem to be a good outcome in Europe, no matter what avenue they choose. If Greece exits the Eurozone, and then defaults on their debt, banks in France and Germany are going to take a beating. The only way to keep Greece in the Eurozone is to allow them to essentially stiff their creditors for an extended period of time.....pretty much the same as defaulting. What that all does to credit availability to other countries on the edge (Spain, Portugal, Italy, Ireland) is hard to discern, but could be a domino effect. If credit availability seizes up in the Eurozone this summer like it did here in 2008, things could get ugly for the US.

Spot
_______________________________________________
Taco cat spelled backward is....taco cat.

Duffy

Jun 1, 12 15:29

Post #6 of 10 (684 views)

Re: will you buy if we dip below 12? [jO4] [In reply to]	Quote \| Reply

I only by and sell oil.

Buy at $65, sell at $100.

No brainer.

____________________________________________________
"This hip-hoppers ended up tightly connected with basketball along with highway dances."

Rambler

Jun 2, 12 5:00

Post #7 of 10 (579 views)

Re: will you buy if we dip below 12? [jO4] [In reply to]	Quote \| Reply

Waiting for 6000

FJB

Jun 2, 12 6:54

Post #8 of 10 (560 views)

Re: will you buy if we dip below 12? [jO4] [In reply to]	Quote \| Reply

My lucky streak in the markets have ended for now.

I bought back in 2008 when the Dow was just under 7,000 and then sold when it hit 13,000. Earlier this year I decided to continue travelling so wanted to finance that with investment income so bought dividend paying stocks. That was a good decision but I bought when the Dow was just over 13,000 (I sold and then rebought around the 13,000 mark).

It's okay because I don't have to sell and will hold until they increase in value which may be a long time in coming. It takes nerve to hold but I refuse to sell at a loss.

I think Europe is also a problem but also think the situation there shouldn't be impacting my U.S and Canadian stocks so much. It appears to be just headline grabbing noise that should not impact the markets here. I also think that if Greece and any other country leaves the Euro, it will create a short term shock but it will be better for the Euro in the long run. If you get rid of the weak player, it will help the strong and leave countries like Germany in a far better position. I also think U.S companies are doing well, making lots of profit with less people It may not be the best for employment but it does help in terms of competitiveness and in the long run, the values of the companies will go up.

That's my theory for now...

jharris

Jun 3, 12 23:00

Post #9 of 10 (453 views)

Re: will you buy if we dip below 12? [jO4] [In reply to]	Quote \| Reply

You can't predict tommorows prices.......

But, if today's prices look attractive- buy.

I think there is as much greed at the top as greed at the bottom. People wanting to invest, but always trying to hold out for a cheaper price to buy in. You could sit there and miss the train.

It's fact that most investors sell to often. How can you properly predict what we don't know?

justgeorge

Jun 4, 12 4:58

Post #10 of 10 (427 views)

Re: will you buy if we dip below 12? [jO4] [In reply to]	Quote \| Reply

My guess is it will go below 12k today.