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#1
08-21-2015, 04:34 PM
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The Dow got HAMMERED
Closed down 530.94. The Volatility Index (VIX) is at 28.03. Above 25 is called "True Fear." Above 30 is the "Chicken Little" scenario. I guess the sky isn't falling JUST yet...
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Jim CBOB0497 "That rifle hanging on the wall of the working class flat or laborer's cottage is the symbol of democracy. It is our job to see that it stays there." - George Orwell Last edited by DrHenley; 09-07-2015 at 06:17 PM. 
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BadOscar (08-23-2015) | ||
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#2
08-21-2015, 05:36 PM
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I have a BIL who is deep into the market. Been texting with him all day. He is a liberal democrat. I been hammerin' him with.."I hope we slide into a Depression, then all you liberals can have a wet dream cause we will have income equality as we're all broke". Well, he didn't like that message, so I asked him.."what, only other peoples' money can disappear?" I been poundin' him for hours on end, wishing we would all go bankrupt. Told him I would pick out a skyscraper for him to jump off when the market crashes. He's probably mixing likker and xanax by now....
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CBOB0716 "The most basic right that we have emanates from our Creator and it is that unalienable right to life. We stand firmly on the principle that from conception until the last breath is drawn, life is sacred.” Political Correctness is a doctrine, recently fostered by a delusional, illogical minority and promoted by a sick mainstream media, which holds forth the proposition that it is entirely possible to pick up a piece of shit by the clean end!
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#3
08-21-2015, 05:46 PM
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Nah. I still have gains. I don't trade short term. The broader markets have been lower recently.
Just remember, when the crowd panics, buy.
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COTEP #719 "Laws that forbid the carrying of arms...disarm only those who are neither inclined nor determined to commit crimes. Such laws make things worse for the assaulted and better for the assailants; they serve rather to encourage than prevent homicides, for an unarmed man may be attacked with greater confidence than an armed one." - Thomas Jefferson quoting Cesare Beccaria
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#4
08-21-2015, 09:04 PM
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Quote:
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Jim CBOB0497 "That rifle hanging on the wall of the working class flat or laborer's cottage is the symbol of democracy. It is our job to see that it stays there." - George Orwell Last edited by DrHenley; 09-07-2015 at 06:17 PM.
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#5
08-21-2015, 09:54 PM
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Quote:
Stealing that!
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CBOB0716 "The most basic right that we have emanates from our Creator and it is that unalienable right to life. We stand firmly on the principle that from conception until the last breath is drawn, life is sacred.” Political Correctness is a doctrine, recently fostered by a delusional, illogical minority and promoted by a sick mainstream media, which holds forth the proposition that it is entirely possible to pick up a piece of shit by the clean end!
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#6
08-21-2015, 11:46 PM
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Quote:
http://www.investopedia.com/terms/f/fallingknife.asp
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Jim CBOB0497 "That rifle hanging on the wall of the working class flat or laborer's cottage is the symbol of democracy. It is our job to see that it stays there." - George Orwell Last edited by DrHenley; 09-07-2015 at 06:15 PM.
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#7
08-25-2015, 04:20 PM
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Quote:
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Jim CBOB0497 "That rifle hanging on the wall of the working class flat or laborer's cottage is the symbol of democracy. It is our job to see that it stays there." - George Orwell Last edited by DrHenley; 09-07-2015 at 06:13 PM.
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#8
08-25-2015, 05:09 PM
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I think this is the fourth time over the years I have gotten out probably a little early and have missed a little of the last up and all of the down...so far. More chicken shyt than knowledge beyond, "I do not know why the market is this high and cannot justify any more pie in the sky." The down side is that there is no where else to put $ that pays better than in the mattress when the market is falling....so flex annuities that share some growth and shield loss. Takes the cream off the milk in exchange for missing the down hill thrill ride. The Fed has destroyed the dollar with their Obama printing press and when the stimulation Stock Mkt bubble burst occurs, as it must, there is nothing left. What is the fed going to do next... already the interest earned rate is near zero. Good job with the economy folks. My investment advise ...buy potato donuts in Portland, Maine.
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Dennis COTEP CBOB0761 Semper Fi - Old Corp Rubber Boat Jockey NRA Life Member  I stand for the flag, I kneel for the fallen! The sooner you fall behind, the more time you'll have to catch up. 
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#9
08-23-2015, 08:31 AM
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Quote:
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Quick Kill Pistol https://www.youtube.com/user/azqkr "The mind is the limiting factor"
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#10
08-27-2015, 07:35 PM
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When I read the thread title I thought our resident
 boy was hammering dough.
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Pedro U / Member# 0770 
Last edited by pitor; 08-27-2015 at 07:38 PM.
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