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  • Wall Street Breakfast: World Stocks Don Rally Caps [View article]
    Instead of placing a stop loss order 20-25% below, I prefer to place GTC limit buy orders on what I feel are good companies 20-25% down.
    I would rather buy it on sale than sell it at the lows.
    Looks like AMBA would have been a good buy when it fell below 80, that one wasn't on my radar. May be a good buy where its at right now though the P/E is still up there, unless the other shoe drops.
    Aug 28, 2015. 02:26 PM | Likes Like |Link to Comment
  • How Low Can This Market Go? [View article]
    Mark,

    Thanks for that explanation, interesting.
    So if one was interested in a particular ETF it would make sense to keep some ridiculously low GTC limit orders in the market near some good support level just in case of a repeat.
    Aug 27, 2015. 01:09 PM | 1 Like Like |Link to Comment
  • Yield Spreads: This Selloff Is For Real [View article]
    stander,

    Wondering how you define recession?
    Aug 27, 2015. 01:00 PM | Likes Like |Link to Comment
  • How Low Can This Market Go? [View article]
    anonymoose,

    I was thinking about that as well. Looking at a lot of stock and ETF charts its curious the level many of them stopped at. Some down 25% stopped at a good support area.

    I find it interesting that many of the declines stopped where they did, as 20-25% is a common stop-loss point. So going down a lot "stops" were taken out, then buying started at the low to ride it back up. And with all the stops being hit, all those people/funds etc were taken out and now in cash. So they need to come back in and buy to get reinvested.
    If this is a scheme, its a good one.

    If the market continues to rise from here and the lows are now in I would find this whole decline to be very suspicious from a cause standpoint.
    But if Mondays lows are taken out in the near future, something else is at work and I would guess a longer term decline may be in the works.
    Aug 27, 2015. 06:58 AM | Likes Like |Link to Comment
  • How Low Can This Market Go? [View article]
    Mark,

    Well put. Yes, currency wars are in progress and yes, that will or can have a very bad outcome. It may be down the road a ways, I can't see the powers that be causing a depression in an election year., that would really stir the pot.
    Aug 27, 2015. 06:29 AM | 2 Likes Like |Link to Comment
  • How Low Can This Market Go? [View article]
    Comanche,

    Good points. The defense sector is my favorite and the one I am most heavily invested in. War is never going away and as long as the US retains its empire status the defense companies will be favored.
    Aug 26, 2015. 03:39 PM | 2 Likes Like |Link to Comment
  • How Low Can This Market Go? [View article]
    Elco,

    No, not swayed at all on that, I don't think there is even a .01% chance the Feds get out of the way. Its not a part of their MO or their egos. Its the nature of govt to interfere and manipulate until they screw it up so badly that dramatic changes take place. Then it starts again.

    Don't undersell yourself as far as making any meaningful contributions. Many of those who write the articles and who comment are expressing opinions, not factual knowledge, and some are a mix of facts and opinions.
    So comment away!
    Aug 26, 2015. 03:31 PM | 1 Like Like |Link to Comment
  • The Fragile State Of Affairs Part 1 - Data Security [View article]
    Perhaps you should also have mentioned the other cyber security ETF CIBR.
    There was a pretty good article in July by CVS Research here on SA that showed it to be the better choice between it and HACK (not just because it has a lower ER).
    Aug 26, 2015. 12:33 PM | 1 Like Like |Link to Comment
  • How Low Can This Market Go? [View article]
    Elco,

    Yes, I follow politics (geopolitics), macroeconomics and the financial markets as they are closely related, even intertwined.
    No, I don't think the recent market turmoil is related much to any upcoming changes in the political landscape.
    In short, I think market behavior influences the the political landscape and vice versa.
    Aug 26, 2015. 07:06 AM | 2 Likes Like |Link to Comment
  • How Low Can This Market Go? [View article]
    Mark,

    Thanks for the response and I agree with all you wrote in your reply but no, i don't believe that "Wall Street and the Fed will be able to convince the masses that the economy is just fine."
    They have done that for a while but if things continue to steamroll downhill they will lose whatever credibility that some think they still have.

    I think they are losing the ability to control but will continue to try as opposed to letting the markets work it out. They are running out of ammo, maybe a QE4 is coming, certainly no interest rate hike.

    And deflation seems to be winning the battle vs inflation, if the deflation side turns into a rout look out below.

    With so many other countries devaluing, is the US next to do so? An official devaluation of the USD seems to be coming down the road and that will spill some apples off the apple cart. They are running out of options.

    We all need to be alert and willing to adjust our outlook in this environment.
    Aug 26, 2015. 06:51 AM | 1 Like Like |Link to Comment
  • How Low Can This Market Go? [View article]
    Franklin,

    Good thorough response Mark to Franklin.

    I would only ad that before investing anything to have a backup supply of funds so you could live for 6 months without earning any income. Put it in a money market account, bank savings or something very safe, no you won't get much interest. It should be easily accessible but never touch it, it is for an emergency only.
    Even keep a few weeks worth of cash available for a worst case situation of not being able to access any funds.
    Also, pay off debt.

    Then open a Roth IRA, I like Vanguard but you have many options.
    Keep adding to your IRA each year (whatever you can spare) as well as a separate savings acct since your IRA money is earmarked for many years in the future.
    It would be nice to have some savings outside an IRA so if somewhere down the road you want to buy house, start a family, start a business or whatever you have some funds to get started.
    Then start with some investments as Mark suggested, or buy a general market ETF that pays a dividend until you can educate yourself some more about investing and picking individual stocks.
    SA is a pretty good place to learn stuff but you have the entire internet at your disposal and Google can be a good friend to get questions answered.
    Aug 25, 2015. 06:18 PM | 2 Likes Like |Link to Comment
  • How Low Can This Market Go? [View article]
    Mark,

    Do you really believe "gov't and CBs will get out of the way"?
    I can understand wanting to see that, but seriously, the odds of that happening must be very slim. I don't think thats really even worth considering as I don't think it even close to happening.
    Pols and the CB think that have all the answers and are certainly not going to let go of the reigns.
    Nice thing to wish for but I certainly wouldn't base any decisions made about anything on that happening.
    Aug 25, 2015. 06:04 PM | 1 Like Like |Link to Comment
  • Stop The Insanity [View article]
    Indeed, yesterday was the day to do some buying, even if just nibbling, not sell.
    Aug 25, 2015. 02:20 PM | Likes Like |Link to Comment
  • Stocks: Perspectives On The Selloff [View article]
    Or the opposite, looks like there may be a large volume of eager buyers waiting to load up when the selling gets rolling.
    Aug 24, 2015. 02:28 PM | 1 Like Like |Link to Comment
  • Stocks: Perspectives On The Selloff [View article]
    Going forward those ETF charts are going to be very unusual looking now to say the least.
    Aug 24, 2015. 12:52 PM | Likes Like |Link to Comment
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