SOMEperspective of serious stuff

24 Feb 2020 08:49 - 24 Feb 2020 11:55 #1 by homeagain
THE VIX is at 22 and change.....in 2007 it was 17.54, in 2008 it was 32.69.......are we on the brink of the abyss? THESE numbers might be a clue.

2pm est....25.5....any number over 20 is fear multiplied. It will be interesting to see where the vix
sits at the end of the week....just a hic cup OR a serious correction.

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27 Feb 2020 18:45 - 27 Feb 2020 18:46 #2 by homeagain
VIx at 39.18.....DOW DROPS almost 2,000 PTS.......GEE 2008 REPEAT.....wait for it

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27 Feb 2020 19:47 #3 by Pony Soldier
This, in no way, resembles 2008. The mortgage market is strong. Employment is strong. This is nerves over a virus that may or may not be a big factor.

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28 Feb 2020 05:57 #4 by FredHayek
The smart investors like Warren Buffett are looking for bargains in this panicked market.

Thomas Sowell: There are no solutions, just trade-offs.

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28 Feb 2020 07:49 #5 by homeagain
Buying the dip is NOT good advice,from what I see....


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28 Feb 2020 08:06 #6 by Pony Soldier

FredHayek wrote: The smart investors like Warren Buffett are looking for bargains in this panicked market.


I was just thinking that Monday might be the day that will tell the tale. If we see more panicked selling Monday, things are going towards a large correction. If, on the other hand, a weekend worth of news and a bit of perspective calms things down, the buyers might emerge from hiding. On Tuesday I’ll either be buying stocks or real estate lol.

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28 Feb 2020 09:50 #7 by Blazer Bob
BALLS. Bought DOW. yld 7.1%

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28 Feb 2020 14:00 #8 by ramage
Are you trying to time the market?

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28 Feb 2020 17:18 #9 by Blazer Bob

ramage wrote: Are you trying to time the market?


No.. Cash is still trash. I have dry powder and am stealing some yield. At 7.1% I can ride it out.

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29 Feb 2020 06:45 #10 by homeagain
You have some,that is for sure......2008 apparently is a faded memory of everything going wrong,
except now it is GLOBAL......I hope your optimism is correct, because THIS time it is different.
THE WORLD is involved in this fubar,not just AMERICA

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