General Discussion

PoindexterOglethorpe

(25,839 posts)

3. Also keep in mind that this market has climbed steadily

Thu Mar 29, 2018, 02:49 PM

Mar 2018

for eight or nine years without even a minor correction, which would be 10%.

And honestly, I'm thinking something or another bit of news happened Friday, but not sure.

The other thing to bear in mind is that the vast majority of the buying and selling is from programmed trades, not when you or I call up our broker (or even go on-line) and buy 100 shares of Microsoft. Which is why if selling starts, it can be hard to stop. Buying is similar.

Personally, I have no plans to get out of the market, and can weather a certain amount of loss.

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Fed mistakes could spark 'unusually fast' bear market, 'lost decade' for stocks [View all] yallerdawg Mar 2018 OP

At the moment, PoindexterOglethorpe Mar 2018 #1

Wild fluctuations are consistent with... yallerdawg Mar 2018 #2

Also keep in mind that this market has climbed steadily PoindexterOglethorpe Mar 2018 #3

I was mistaken. It's going so fast! yallerdawg Mar 2018 #4

From what I've read here on DU, PoindexterOglethorpe Mar 2018 #5

The market was riding high until the tax cuts IronLionZion Mar 2018 #6

Uhhhh, he's already announced tariffs. PoindexterOglethorpe Mar 2018 #8

The tax cut bill had little to do with it Exotica Mar 2018 #9

Treasury has to sell more bonds to pay for it IronLionZion Mar 2018 #10

I agree if you lengthen the event horizon, yes, it will, of course have some effect Exotica Mar 2018 #11

I'll take my chances Awsi Dooger Mar 2018 #7