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Market down HUGE - Coincindence?

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    Market down HUGE - Coincindence?

    Sooooo SOTU this evening and the markets just happen to be down the biggest in years.... Hmmmm

    Really?

    #2
    I still have 30 more years of dollar cost averaging to go before retirement...need some low times to buy!

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      #3
      Not down because of the upcoming speech in my opinion. Looks like a soon to come buying opportunity.

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        #4
        Long overdue correction. Probably people selling off and taking huge profits to take advantage of the new tax laws. When it bounces back in a few days it will go beserk like never before.

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          #5
          Markets are down 1% today, markets were up 1% in a single day last week. Is this really considered a huge sell off?

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            #6
            Just down about 1% today. 300 points on the Dow isn't what it used to be.

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              #7
              Amazon, Berkshire and JP Morgan Chase announced a partnership in the healthcare business. United Health Care stock, and several others plummeted. That had an impact.

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                #8
                Originally posted by RiverRat1 View Post
                Sooooo SOTU this evening and the markets just happen to be down the biggest in years.... Hmmmm

                Really?
                It's the end of January tradition

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                  #9
                  Scotts Miracle-Gro dropped 15% today... so I bought a little. Why shouldn’t I make money on pot growers?


                  Sent from my iPhone using Tapatalk

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                    #10
                    1% is a move, 5% is big......Huge is more than that. Last years' gain is 8000 points, if we gave that up it would be huge...

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                      #11
                      Market down HUGE - Coincindence?

                      Originally posted by RiverRat1 View Post
                      Sooooo SOTU this evening and the markets just happen to be down the biggest in years.... Hmmmm



                      Really?


                      If you think this is a big drop, you haven’t seen the gains made this year.
                      Last edited by Lostacresranch; 02-02-2018, 12:26 PM.

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                        #12
                        Originally posted by Lostacresranch View Post
                        If you think this is a big drop, you haven’t seen the gains made this year.
                        I just said down the most in a long time.

                        But I agree I was over thinking it.

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                          #13
                          Originally posted by BrianL View Post
                          1% is a move, 5% is big......Huge is more than that. Last years' gain is 8000 points, if we gave that up it would be huge...
                          It's down over 6%
                          I'm waiting until it's down 11% before i pump more cash into it

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                            #14
                            The average is to see one correction (dip between 10-20%) every year. If we get a 15% correction off the Dow's recent high of 26,616, that would put us at 22,623 (down about 4,000 points). We'll see..... It's been a while since we've had one.

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                              #15
                              I just swapped some bonds for stocks in my 401k. Gotta take advantage of RBD (really bad days).

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