The stock market will crash starting tomorrow

Question

call it whatever you want correction, profit taking, whatever, this SOB is going down big-time

GarySanders · Answer

call it whatever you want correction, profit taking, whatever, this SOB is going down big-time

rr207 · Answer

Yea can&#x2019;t wait. Everyone is going to pull their money out then that&#x2019;s when the fun will start.

searchwarrant · Answer

dead cat bounce.

Johnzimbo34 · Answer

Where were you two weeks ago?

Slobbasaurus · Answer

Another 5% at most before the Correction reaches it's bottom. Save the Cash you are earning from the next couple of pay periods before you start buying on Discount!

This is amateur hour for an anyone who is panicking and that's completely liquidating their brokerage accounts. If anything, people should be holding for the LT (especially if any dividends are being paid) and prepared to buy more. I'm saying this as a 32 year old as I have plenty of time on my side. It may be a little different strategy for older members here.

Anyone paying attention to market news knew that this correction was coming and should come as no surprise.

BOL

Midnight1 · Answer

Good advice Slob...I&#x27;ve been in the market for as long as you have been alive &amp; people are real quick to panic &amp; believe they will eventually be able to time the market before it goes back up.Yesterday&#x27;s close was very ugly &amp; I agree we will have more bumpy days ahead. However, I &#x27;m a firm believer of staying in for the long haul even at my age.

THEMUGG · Answer

About 10 years ago, when I was still working, I did this very thing. After the market dropped 30-40%, I upped my 401k contributions from 10% to 15% &amp; left it, which is part of the reason I was able to retire last year @ 54.

Slobbasaurus · Answer

Love stories like this.  That&#x27;s great Mugg!  Congrats to you sir

GarySanders · Answer

ahhhh i was wrong maybe Monday?????????

Macwestie1 · Answer

BINGO!!!!

wallstreetcappers · Answer

These swings are curious and interesting, very telling about a thin bid market. It shows you that when the HFT guys arent making phony bids that the market can and will drop. This so far is nothing, not even worth rushing in to buy...we are at over-blown historic highs fueled by forced zero rates and no alternatives AND a massive pile of corporate debt to fuel buybacks.

I am not even blinking until we get at least to 15k, then maybe I will wake up and pay attention. 23k still???? please!

GarySanders · Answer

&#xA;me too 15k i start paying attention

Goggles-Pisano · Answer

[Quote: Originally Posted by wallstreetcappers]  These swings are curious and interesting, very telling about a thin bid market. It shows you that when the HFT guys arent making phony bids that the market can and will drop. This so far is nothing, not even worth rushing in to buy...we are at over-blown historic highs fueled by forced zero rates and no alternatives AND a massive pile of corporate debt to fuel buybacks.&#xD;&#xA;I am not even blinking until we get at least to 15k, then maybe I will wake up and pay attention. 23k still???? please!  [/Quote]15k?You calling for a recession? Granted it ran to far to fast. We need a shake out but 15k in a low unemployment, good earnings, corporate tax friendly environment i just don&#x27;t see occuring. Rates are still historically low. If i must make a call i&#x27;d say 2300 for the S&amp;P 500, about 20%

wallstreetcappers · Answer

[Quote: Originally Posted by Goggles-Pisano]QUOTE Originally Posted by wallstreetcappers: These swings are curious and interesting, very telling about a thin bid market. It shows you that when the HFT guys arent making phony bids that the market can and will drop. This so far is nothing, not even worth rushing in to buy...we are at over-blown historic highs fueled by forced zero rates and no alternatives AND a massive pile of corporate debt to fuel buybacks. I am not even blinking until we get at least to 15k, then maybe I will wake up and pay attention. 23k still???? please! 15k?You calling for a recession? Granted it ran to far to fast. We need a shake out but 15k in a low unemployment, good earnings, corporate tax friendly environment i just don&#x27;t see occuring. Rates are still historically low. If i must make a call i&#x27;d say 2300 for the S&amp;P 500, about 20%[/Quote]&#xA; &#xA;All of what you said happened because the FED engineered it and corporate profits were artificially bloated, those conditions are changing and we have also artificially altered the economic cycle...that is changing. Fair value to me with rates even remotely close to historic norms is below 10k...maybe well below.&#xA;Sheesh I go to Home Depot and the market reverses 400 points after reversing 600 points earlier. Yeah the HFT boys being out of the market has a real big impact on stock price action.

Goggles-Pisano · Answer

Yes the Fed engineered it and now the tax plan will band aid it. But isnt part of the Fed's job to make sunshine and roses even when it's raining? What if they keep making roses for another 5 years? I'm on for the ride and will nip away with what I don't have invested as i see fit.

Yeah its bouncing all over the place, nothing we haven't seen b4.

Enjoy your weekend

searchwarrant · Answer

two words. Buy Puts.

The stock market will crash starting tomorrow

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