KineticSync wrote: ↑Fri Jun 18, 2021 10:56 am
My megacorp 401k deposit happens every other Monday. Just once, just one time, I'd like to see some of this jawboning happen on a Monday so I have a fair shot at a dip.
Mine go in today. First time I've caught a dip on contribution day in quite a while.
FTFY. This thread is for fun and wild conjecture. Replying with the long winded BH equivalent of is being far too serious.
The very fact that we are even IN this thread (or the soaring one) has more deliberate irony than a battleship. Real bogleheads aren't even watching the forum, much less the market.
"The market dropped last year? Huh...I wasn't paying attention...I was trying to find toilet paper. Seemed more than fine when I rebalanced in January..."
ksualum wrote: ↑Fri Jun 18, 2021 12:37 pm
well, this still does beat the daily 5% drops we had at the beginning of the pandemic . . . . It could be worse
If we don't trigger a circuit breaker is it really a RBD anymore? Those days were both awesome and scary like a good roller coaster should be.
Unfortunately, my fear is that the fed is out of rabbits to pull out of their hats if things actually go pear shaped this year.
FTFY. This thread is for fun and wild conjecture. Replying with the long winded BH equivalent of is being far too serious.
Being far too serious in a thread meant for fun and wild conjecture is my way of having fun. But seriously, I do sense nervousness coming from newyorker, and I wanted to calm their fears.
I never heard of diamond hands before. I like it.
Anyone take a gander at the scare headlines on Bloomberg?
"Fed Shocks Stocks With Blow to Dreams of Value Investor Nirvana"
"Michael Burry Warns Retail Traders About the ‘Mother of All Crashes’"
"Mark Cuban’s Loss and a Possible Death Cross: The Week in [censored]"
ImUrHuckleberry wrote: ↑Fri Jun 18, 2021 5:46 pm
I've already seen a couple of articles with tech analysis guys patting themselves on the back for having predicted this "crash".
The "Stopped Clock Syndrome" never goes out of fashion.
"There are no new ideas, only forgotten ones." -- Amity Shlaes
ImUrHuckleberry wrote: ↑Fri Jun 18, 2021 5:46 pm
I've already seen a couple of articles with tech analysis guys patting themselves on the back for having predicted this "crash".
The "Stopped Clock Syndrome" never goes out of fashion.
Bluce! Welcome back!
Haven’t seen you post here in a while. Good to see you again.
Retired life insurance company financial executive who sincerely believes that ”It’s a GREAT day to be alive!”
ImUrHuckleberry wrote: ↑Fri Jun 18, 2021 5:46 pm
I've already seen a couple of articles with tech analysis guys patting themselves on the back for having predicted this "crash".
The "Stopped Clock Syndrome" never goes out of fashion.
Bluce! Welcome back!
Haven’t seen you post here in a while. Good to see you again.
Hey thanks bud! I hope all is well with you. I've been in and out of here a bit lately, but I guess we didn't cross paths til now.
I am now an unhappy retiree. Ridiculous arthritis in my hands, had to fold my business up.
"There are no new ideas, only forgotten ones." -- Amity Shlaes
lostdog wrote: ↑Sun Jun 20, 2021 9:21 pm
Asia is in the red big time. US pre-market is red.
Here we go again. Hang on!
Not sure why Asia's so red. Headlines say they're concerned about US hiking earlier. I mean, really? Why are they worried about that now I ask.
When somebody says something, and then later they say something else, and the old something is no longer true, how does that make you feel? Confident in that person? Or wary? And how long does it take you to decide how you feel?
"The only thing that makes life possible is permanent, intolerable uncertainty; not knowing what comes next." ~Ursula LeGuin
lostdog wrote: ↑Sun Jun 20, 2021 9:21 pm
Asia is in the red big time. US pre-market is red.
Here we go again. Hang on!
Not sure why Asia's so red. Headlines say they're concerned about US hiking earlier. I mean, really? Why are they worried about that now I ask.
When somebody says something, and then later they say something else, and the old something is no longer true, how does that make you feel? Confident in that person? Or wary? And how long does it take you to decide how you feel?
Well, finance sites always bring the most plausible narratives they can find. Realistically Asia selling off because we sold off -1.33% on Friday, not much more to it imo.
lostdog wrote: ↑Sun Jun 20, 2021 9:21 pm
Asia is in the red big time. US pre-market is red.
Here we go again. Hang on!
Not sure why Asia's so red. Headlines say they're concerned about US hiking earlier. I mean, really? Why are they worried about that now I ask.
When somebody says something, and then later they say something else, and the old something is no longer true, how does that make you feel? Confident in that person? Or wary? And how long does it take you to decide how you feel?
Well, finance sites always bring the most plausible narratives they can find. Realistically Asia selling off because we sold off -1.33% on Friday, not much more to it imo.
So you are sure? And you say domino effect? Interesting.
"The only thing that makes life possible is permanent, intolerable uncertainty; not knowing what comes next." ~Ursula LeGuin
Beensabu wrote: ↑Sun Jun 20, 2021 10:07 pm
So you are sure? And you say domino effect? Interesting.
At this hour, I think so. Now, Europe / US might not follow suit. Obviously the domino effect has to stop somewhere.
Well. The US started it according to your theory, so it's the first domino. There could be a last domino or a middle domino that is also the US. It could be a zig zag pattern. Ooooh... or one of those where a ball gets pushed by one set and rolls and drops down and starts a whole different set going... Or three balls! Or five! Or like that crazy video in that rich kid's "backyard" where a basketball eventually ended up going through a hoop. That was cool. That was an excellent use of that backyard.
"The only thing that makes life possible is permanent, intolerable uncertainty; not knowing what comes next." ~Ursula LeGuin
Marseille07 wrote: ↑Sun Jun 20, 2021 11:50 pm
10Y crashing to 1.37%...bonds are really popular for some reason, even though the Fed signaled hikes
The hikes would affect the short end. All the long bond is saying is if they raise rates (a flattening/inversion of the curve will happen), market will crater and they will be forced to lower rates and do even more QE.
The fed is in an interesting place -- they either accommodate and people will quit their jobs and live off investments creating inflationary pressures (companies not able to hire), or they tank the market and we even more unemployment and joblessness/homelessness.
My goodness, it’s been two weeks since anyone posted to this thread! It had fallen off the first sixteen pages of “active topics”, and I had to search for it under the dead leaves in the middle of the forest.
Today’s action certain seems like at least a controlled descent, if not a free fall. S&P has been grinding lower all morning.
Retired life insurance company financial executive who sincerely believes that ”It’s a GREAT day to be alive!”
nigel_ht wrote: ↑Tue Jul 06, 2021 5:37 pm
It’s not a free fall…just a climb in the downward direction.
As Arthur Dent learned:
https://hitchhikers.fandom.com/wiki/Flying wrote:There is an art to flying, or rather a knack. The knack lies in learning how to throw yourself at the ground and miss. ... Clearly, it is this second part, the missing, that presents the difficulties.