Might be too late, but my accounts have been pretty defensive anyway. There have been losses, but nowhere close to the averages.
Jim
Jim
Been waiting to buy the dip. When it finally bottoms I’m ready.
This is one of the 2 things that I would like TUGgers to clue me in on. After all, TUGgers seem to know everything.How will you know it's bottomed?
I got out of the equities market a few years ago so I’m somewhat protected from the worst of the volatility. I‘m retired now and I hate for those close to retirement see their savings lose this much value. And I just saw that the medical experts now have to run any information they want to provide the public through Pence’s office. So now, your hurricane tracking and deadly virus information must come from a politician, not the meteorologists or medical professionals. Feel better?Might be too late, but my accounts have been pretty defensive anyway. There have been losses, but nowhere close to the averages.
Jim
How will you know it's bottomed?
Been waiting to buy the dip. When it finally bottoms I’m ready.
I think its called algorithm trading. Supposedly the Dow should have topped out at near 30,000 but politics and corona virus has caused the top. It was a good ride.
Bill
For those who read the Wall St. Journal, there is an interesting article today about how large funds must sell and smaller investors don't. (Note: unfortunately it's behind a subscriber wall).
![]()
The Pros Have to Sell Stocks Now. You Don’t.
When markets crumple, the culprits usually aren’t the smallest investors, but the biggest.www.wsj.com
BTW...I would expect that drug companies, surgical mask makers, and in-home items such as Netflix, Zoom (video conferencing), and exercise equipment would fare well in this new economy.
I do think that computer algorithms and computerized trading contribute to some of these major swings we see, both up and down.I think its called algorithm trading.
Bill
I do think that computer algorithms and computerized trading contribute to some of these major swings we see, both up and down.
Basically, whenever I find myself thinking " What the hel... is going on with the stock market," I assume it's computers doing it.
But I try to look on the bright side. At least it's not aliens controlling the stock market ( or is it??).
DCA continues to be my friend.....