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OptionManiac

OptionManiac
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  • How should investors react to extraordinary market plunges? According to Peter Cohan: Relax, check your safety net, and then go shopping for good companies that have suddenly become much less expensive.  [View news story]
    Not great if the market plummets through your stops and than boom-a-rangs back up in a matter of minutes.
    May 7 11:33 AM | 3 Likes Like |Link to Comment
  • April nonfarm payrolls: +290K vs. +190K expected, +230K in March (revised from +162K). Unemployment 9.9% vs. 9.7% expected, 9.7% in March. Upside surprise in payroll gains, and unemployment.  [View news story]
    I haven't seen too many perma bulls out today, just a few here and there.
    May 7 11:31 AM | Likes Like |Link to Comment
  • Three Things I Think I Think About the Markets [View article]
    Exact same thing happened to me, and I can watch the market throughout the day. All it took was stepping from my desk for just a few moments.......
    May 7 11:15 AM | 2 Likes Like |Link to Comment
  • April nonfarm payrolls: +290K vs. +190K expected, +230K in March (revised from +162K). Unemployment 9.9% vs. 9.7% expected, 9.7% in March. Upside surprise in payroll gains, and unemployment.  [View news story]
    College graduates.
    May 7 08:57 AM | Likes Like |Link to Comment
  • Surviving Market Sell-Offs: Beware the Sound Bite [View article]
    I'm actually a mild mannered conservative investor. My moniker here is just the Walter Mitty in me. But maybe I'll let loose this weekend.
    May 7 08:13 AM | Likes Like |Link to Comment
  • Citigroup's Tobias Levkovich warns not to buy the dip: "In view of the recovery in corporate confidence and general investor sentiment from a year ago, it seems improbable that investors will feel emboldened to step up now, particularly when European economic challenges and a stronger dollar could crimp H2 earnings. Indeed, selling on rallies could be more pronounced than buying on the dips."  [View news story]
    I'm in between long term and short term, dangerous for me to listen to anybody.
    May 7 08:11 AM | 1 Like Like |Link to Comment
  • Surviving Market Sell-Offs: Beware the Sound Bite [View article]
    DigDeep -
    Thanks for the thoughtful rebuttal. Mr. Quinn, you contributed nothing to the discussion.
    May 7 07:13 AM | 2 Likes Like |Link to Comment
  • Citigroup's Tobias Levkovich warns not to buy the dip: "In view of the recovery in corporate confidence and general investor sentiment from a year ago, it seems improbable that investors will feel emboldened to step up now, particularly when European economic challenges and a stronger dollar could crimp H2 earnings. Indeed, selling on rallies could be more pronounced than buying on the dips."  [View news story]
    Nothing like trying to catch a falling knife!!

    That being said - Buy this dip if you are looking at a long time frame for your investments - in long time frames - buying dips for long term investing will eventually pay off.
    May 7 06:32 AM | 3 Likes Like |Link to Comment
  • Stocks plunging off the cliff: Dow -480 to 10387. S&P -54 to 1111. Nasdaq -125 to 2277.  [View news story]
    Thank God for stops!! Now what am I going to do with all this cash!?
    May 6 02:51 PM | Likes Like |Link to Comment
  • Initial Jobless Claims: -7K to 444K vs. 440K consensus. Continuing claims -59K to 4,594,000.  [View news story]
    Trust me, this is nothing like the great depression.
    May 6 12:40 PM | Likes Like |Link to Comment
  • Initial Jobless Claims: -7K to 444K vs. 440K consensus. Continuing claims -59K to 4,594,000.  [View news story]
    Always good to look back at history. Those of us who have lived long enough have seen this before. (I can't believe I'm starting to sound like an old man).
    May 6 09:02 AM | Likes Like |Link to Comment
  • Surviving Market Sell-Offs: Beware the Sound Bite [View article]
    I think back to the Asia crisis in the '90's. Stocks took a temporary beating for a little bit (my neighbor who at one point said he should be a day trader - always a danger sign stocks are in trouble - went into a bit of a depression), but I enjoyed paying less than a buck a gallon for gas. You are right, cash and guts in time like these are a good thing.

    Speaking of guts, I like to kneeboard, don't have as far to fall when I wipe out.
    May 6 07:52 AM | Likes Like |Link to Comment
  • EC President Herman Van Rompuy decries "totally irrational" market movement related to Spain and Portugal. "I would like to make it very clear... the situation in these countries has nothing to do with that of Greece, the latter being unique" because of unreliable statistics, a competitiveness problem and high public debt.  [View news story]
    If the rest of the world was doing just hunky-dory, then maybe. It don't take much to spook any market today!!
    May 5 12:37 PM | 1 Like Like |Link to Comment
  • Surviving Market Sell-Offs: Beware the Sound Bite [View article]
    Think World War II followed by the Marshall Plan. How did we ever dig ourselves out of that hole? But we did.
    May 5 09:00 AM | 2 Likes Like |Link to Comment
  • Surviving Market Sell-Offs: Beware the Sound Bite [View article]
    Agreed. For every buck paid out, someone makes a buck. Enlisting out of work fisherman to help was a stroke of genius.
    May 5 08:55 AM | 1 Like Like |Link to Comment
COMMENTS STATS
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