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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
08-22-2015, 09:52 AM
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Yup, my 401k is getting beat up but, I'm holding on and buying more. It'll flip soon and I'll have more in the pot.
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**I have been Enlightened**
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#8
08-22-2015, 07:36 PM
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Jake's
 gy bank is safe and secure on my dresser. All my good sh** is in my safe. I'm good
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NRA Life Member Wilson Combat CQB Kimber Tactical Pro II S&W J-Frame .38 ect " I don't own the clothes I'm wearin', and the road goes on forever " There's a gator in the bushes, and it's calling my name... COTEP #523
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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
08-25-2015, 04:20 PM
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Quote:
__________________
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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