The sky is falling!!

[Lucavia123]

Down 5 days in a row. 10 - 15% drop in stock price for many big name companies reporting earnings. Weakness seems to be the thing. I hate to bring it up but maybe we should revisit this thread...

Is the sky falling?

[billyjoe]

Mimo, I'll bet if we could research back e-mails there has been a looming crash, stock market disaster coming each year for the last 15 years. Some day they'll be right.

--------------billy

[mimo_100]

I have in the money Leaps with TBT and TMV.

some "experts" are saying it may be 1st qtr 2016 before fed increases short term rates - and even then only 1/4 percent. Never bought TBT but I read the mantra was only keep for a few days as the methods they use cause the price to deteriorate even if nothing happens

[mimo_100]

I received this in my inbox today - did anyone else get this?

We are on the precipice of the greatest stock market collapse since the great depression Make no mistake: a giant bubble is about to pop.


Here is a link to the transcript

http://pro.dentresearch.com/DOW_IES_EXT/WBNBR331?h=true

Of course they are trying to sell something. If you click "subscribe", here is part of what it says:


YES, Harry! I want to prepare for the coming Great Shake Out… an event that will eventually drag the Dow to lows of 3,300 and hurl America, and much of the industrialized west, into the first great economic winter in 80 years. Sign me up for 12 risk-free issues of Boom & Bust (the world’s first investment service designed to capitalize on the predictive power of demographics) for just $49.


Even with that $50 discount, I’ll still get my monthly issues of Boom & Bust, weekly updates in the form of 5 Day Forecasts and Dent Digest, instant e-mail trade alerts, monthly Insights video, Economy & Markets daily e-mails, and 4 FREE online investment reports including: How to Survive and Prosper in the Winter Season, The Pharma Poised for Explosive Gains from Aging Baby Boomers, How to Get 10-20 Times Richer in the Coming Great Western Depression and The Last Five Standing: 5 Corporate "El Dorado's" that Will Dominate the New Economic Order.

[riverbabe]

Lightened up considerably yesterday at good prices. Can breathe easier for a while as the market decides which way it's gonna go.

[riverbabe]

Actually, it may be time for capital preservation. Looking hard at this. http://www.marketwatch.com/story/are...=MW_TD_popular and http://stockcharts.com/articles/deci...g-bearish.html

[riverbabe]

Tempted to go to cash here! DJ Transports just broke support. http://www.stocktiming.com/Tuesday-D...rketUpdate.htm http://stockcharts.com/h-sc/ui?s=%24tran Ouch! http://stockcharts.com/h-sc/ui?s=%24indu

Worried about all those sell programs getting triggered.

[billyjoe]

You know how you're sometimes tempted to sell everything and go to cash? I've had some big dividend paying stocks in my retirement accounts , many for several years. I reinvest the dividends and hate to think of selling. Backtesting revealed an interesting result. In most cases the dividend payers don't take much of a hit in down markets. In fact returns are much greater when held thru bad markets. It makes sense in a way since more shares pile up when prices drop except if dividend is cut. A cut in dividend would make me sell. I checked 7 big dividend payers I hold to determine if the dividend is offsetting price drops. For the majority of these stocks, the price is up YTD. Here's a list with symbol followed by performance YTD, then % dividend.

CIVB----+7.11%YTD------div. 1.83%
HQL-----+10.94%YTD----div. 7.37%
KKR-----+1.14%YTD------div. 8.51%
CODI----+2.82%YTD-----div. 8.99%
IDE----- -2.68%YTD-----div. 10.01%
OZM----+13.60%YTD----div. 14.71%
ORC-----+14.83%YTD---div. 15.19%

-----------------billy

[riverbabe]

Here's a chart to give one pause!

http://www.stocktiming.com/Wednesday-DailyMarketUpdate.htm

[sixfeetfour]

Not for sure why I brought this thread back up to the top. Maybe 800-1000 point swings are the new norm?
I'm not a big Cramer fan, but found this interesting:

http://www.cnbc.com/id/102314777

[tiedyed1]

How far does DOW drop? What is your projection? 16.2k would be a 10% correction, that's what I think.

No idea how far, but I take these times to evaluate the Mr. Market picks as their fundamentally based and those are the ones that will usually emerge winners once the smoke clears.

[sixfeetfour]

How far does DOW drop? What is your projection? 16.2k would be a 10% correction, that's what I think.

[riverbabe]

Just can't get this one out of my brain, last few days. https://www.youtube.com/watch?v=kn481KcjvMo

[Louetta]

Would that be because of their large endowment ?

-------------billy

That was a pretty good line. Actually, there was once a crisis on the rowing team. Many of the girls did not wear bras to practice. The effects of the spray generated during practice created what the coach deemed an unseemly display so bras were mandated. That was nice for the rest of us since the school then decided to supply them.

[billyjoe]

Don't knock Harvard. The athletic department provided me with a lifetime supply of black bras. (The rowers still wear Radcliffe's black shirts.)

Would that be because of their large endowment ?

-------------billy