Stock Market Correction finally.

Discussion in 'Stock Market' started by Dan Stubbs, Aug 24, 2019.

  1. Dan Stubbs
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    Dan Stubbs FORGET ---- HELL

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    https://www.fool.com/knowledge-center/6-things-you-should-As you know if you work the Mkt, we are about two years past a normal correction in the stock Mkt. It was suppose to happen about 4 years ago and it was over due then. I hope we get about a 22 percent downward correction in the next three months or so. If you have no idea of what a Stock Mrk Correction is look it up...
     
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  2. william the wie
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    william the wie Gold Member

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    this is already a great buying opportunity.
     
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  3. Rambunctious
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    Rambunctious Gold Member

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    I made a quick bundle on Pot stock....didn't expect it didn't see it coming...but man what a nice payoff...I'll take that capital and buy in while the media is talking down the market and the economy....
     
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  4. Natural Citizen
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    Natural Citizen Platinum Member

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    A 50% correction isn't out of the question.
     
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  5. william the wie
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    william the wie Gold Member

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    Since I buy for dependable yield I don't see where that's a problem.
     
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  6. Picaro
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    Picaro Gold Member

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    I look at the P/E ratios and just laugh at calling many stocks 'investments'.It's just gambling at this point; interest rates are so low and ratios so high because far too much money has been sucked out of the domestic economy and just sitting at the top with nowhere to go, not recirculating back around through the economy; it doesn't exist as far as th real economy is concerned. The Feds can keep printing money until Doomsday in that situation. And many tards keep whining about raising the minimum wage, as if that 's the problem, people with real jobs making too much money ... hilarious stuff.
     
  7. Dan Stubbs
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    Dan Stubbs FORGET ---- HELL

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    Smart move when you know that it is a false downward move. I shorted some stocks and did make a good buck. Now looking to buy them back.
     
  8. Dan Stubbs
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    Dan Stubbs FORGET ---- HELL

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    Sorry to smash you dreams but even CNN would never make that statement..LLOl
     
  9. william the wie
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    william the wie Gold Member

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    If the EU and China both tank because of their fascist/socialist ways we could definitely get a signal indicating a high probability of a 50% decline in the near future. we've already seen a few of those already. With the transfer of Capital to income issues it would not surprise me in the least given the weightings of the Dow and S&P if the NYSE went up as the Dow and S&P went Down by a considerable amount simply because of multi-national regulation and getting tired of the pie in sky BS
     

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