Good Luck

[RJR]

But he left out the part about it dropping after going up 300.

Market sure did give up it's gains it made earlier today.

I screwed up. I should have sold the dog at noon.

[jmay28711]

I saw Amazon up $25.00 a share now its down to just being up $4.00 but better than nothing

[OKI]

The S&P 500 has gapped up +3% and closed down on the day only once since the inception of the futures, 10/16/08

Guys be very careful here. Bottom pickers are going to end up with stinky fingers. If you buy the dips make sure you sell the rips until we clear thru October.

[NitroZ7]

DOW Futures down over 100.

[boneil]

2014 gains are just about gone. How quickly can we wipe out 2013 gains on the S&P?
It's unfortunate that workers have spent the last year or more funding a 401k that was buying at those recent highs. The whole time raising their cost averages up. If we don't find a floor soon, I think we test 1700 on the S&P. Thats another 150 pts. After that, I think we test the old breakout at 1560+-.

[NitroZ7]

A few months ago the TV pundits were saying sell utilities, sell dividend stocks, buy banks and dump bonds. Today I hear them saying to buy things like Southern Company. Crazy how quickly things change in such a short time.

[OKI]

A short concise history lesson. The 7 year harvest of FIAT money. Be prepared for volatility and opportunity.

http://www.zerohedge.com/news/2015-0...-has-time-come

1901-1902 Shmitah
46% US Stock market value wiped out.
1916-1917 Shmitah
40% US Stock market value wiped out. German, Austro-Hungarian, Russian and Ottoman Empires collapsed. Britain, the world’s greatest empire was almost bankrupt. The beginning of American to rise to world power.
1930-1931 Shmitah
86% U.S stock market value wiped out in the worst financial crisis in modern history.
1937-1938 Shmitah
50% US Stock market value wiped out. Global recession.
1944-1945 Shmitah
End of German Reich and Britain's hold on territories. Establishment of America as the world’s superpower.
1965-1966 Shmitah
23% stock market value wiped out.
1972-1973 Shmitah
48% US Stock market value wiped out. Global recession. US Voted to kill its unborn children (Abortion legalized). US lost its first war Vietnam…
1979-1980 Shmitah
US and global recession
1986-1987 Shmitah
33% US Stock market value wiped out.
1993-1994 Shmitah
Bond market crash.
2000-2001 Shmitah
37% US stock market value wiped out. 9/11 and global recession.
2007-2008 Shmitah
50% US Stock market value wiped out. Global recession from which there has yet been no recovery.
2014-2015 Shmitah

[Bug88]

so at what point is it a buying opportunity if investments continue to go south? Just curious about this myself as when low is low.

Depends on your personal timeline (age).... and how much time u have to wait for the recovery

[LunkerLloyd]

Time to buy

[NitroZ7]

Interesting thing that was mentioned yesterday was that the mutual fund sales of their holdings occur at the end of the day so that may be what happened yesterday. Will be interesting to see if it happens today.

[davidsa]

Interesting how markets all over the world today going in different directions. Might be good sign that this is just buying and selling on panic news rather then data.

The only learning I take from this is you have to get largely out of the market years (2 to 5) before you need the money. Seems with globalization that stocks go up when they should not and come down hard.

[dkibat]

Too bad i didn't have EGRX today went up $9 have done well on them previously.