Started By
Message
DOW falls 1000 points after opening bell
Posted on 8/24/15 at 8:49 am
Posted on 8/24/15 at 8:49 am
Not sure if anyone is following this (some probably are) but wanted to let y'all know if you aren't and have money invested. Looks like it's going to be a pretty big correction over fears of China's economy slowing down.
LINK
LINK
9
Posted on 8/24/15 at 8:54 am to Supravol22
my 401k and kids 529 accounts are getting hard fricked. Not much I can do about that right now.
Posted on 8/24/15 at 8:54 am to Supravol22
finally. this shite has been way overpriced for years. buying opportunities coming soon.
Posted on 8/24/15 at 9:00 am to PrivatePublic
quote:
finally. this shite has been way overpriced for years. buying opportunities coming soon.
that's been my thought. i've kinda been waiting for the STHTF before i jumped in.
Posted on 8/24/15 at 9:04 am to PrivatePublic
quote:
this shite has been way overpriced for years.
Yep. No reason to panic.
Posted on 8/24/15 at 9:15 am to Supravol22
Somebody is cleaning up on puts right now
Posted on 8/24/15 at 9:16 am to Supravol22
My roth has plummeted in the last 7 days. I can't stomach it to look. I am going to buy buy buy soon though.
This post was edited on 8/24/15 at 9:18 am
Posted on 8/24/15 at 10:17 am to UMRealist
quote:
I am going to buy buy buy soon though.
That is the only way to look at it without getting ill. The only issue is when. Never try to catch a falling knife.
Posted on 8/24/15 at 10:37 am to Supravol22
I keep my ear pretty close to world market and political events. I sold every share I had of everything 2 weeks ago.
I feel pretty, pretty smart right about now.
I feel pretty, pretty smart right about now.
Posted on 8/24/15 at 10:58 am to 3nOut
quote:
that's been my thought. i've kinda been waiting for the STHTF before i jumped in.
Hopefully you haven't been waiting long. If you have, you have missed historic gains the last few years.
Posted on 8/24/15 at 10:59 am to PrivatePublic
quote:
finally. this shite has been way overpriced for years. buying opportunities coming soon.
Have you been sitting out "for years" as everyone in the market has been killing it?
Posted on 8/24/15 at 11:02 am to cokebottleag
quote:Why didn't you just buy puts and clean up even more?
I keep my ear pretty close to world market and political events. I sold every share I had of everything 2 weeks ago.
I feel pretty, pretty smart right about now.
Posted on 8/24/15 at 11:05 am to Supravol22
Made up like 800 points since then. That VIX tho
Posted on 8/24/15 at 11:06 am to MontyFranklyn
quote:
Why didn't you just buy puts and clean up even more?
Because.......
Because I don't know how!
Posted on 8/24/15 at 11:42 am to cokebottleag
quote:
Because.......
Because I don't know how!
Then it's a good idea you didn't do it. Don't frick with options if you don't understand them.
Posted on 8/24/15 at 11:50 am to Vols&Shaft83
Welcome back
Posted on 8/24/15 at 12:02 pm to Vols&Shaft83
Welcome back.
Also, yeah I don't understand them and I really don't have the time to understand them at this point in my life. Maybe when I have more money to play with I'll get into it.
Also, yeah I don't understand them and I really don't have the time to understand them at this point in my life. Maybe when I have more money to play with I'll get into it.
Posted on 8/24/15 at 12:37 pm to cokebottleag
quote:
Welcome back.
Also, yeah I don't understand them and I really don't have the time to understand them at this point in my life. Maybe when I have more money to play with I'll get into it.
Posted on 8/24/15 at 12:44 pm to cokebottleag
They're pretty simple.
A put is the right to sell in the future
A call is the right to buy in the future.
A put is the right to sell in the future
A call is the right to buy in the future.
Posted on 8/24/15 at 12:55 pm to bbvdd
Am I right to assume this is nothing more than a correction and not a signal of something deeper?
Page 1 of 3
Back to top
Follow SECRant for SEC Football News