Exnavyew's Account Talk

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I don't have the will to go all in, but I do think it's a buying opportunity - but there may be some downside still to come (probable actually)... As a point of reference, back in the early 2000's I rode it down hard and then lost my nerve, got out and missed the climb back up -- the result was my 100K loss turned real instead of just on paper. It's all paper right now, but hard to keep that in mind. By the way, RTR!

Old_School said:
Then you have this....

http://www.cnbc.com/2015/08/24/amid-carnage-strategists-predict-bounce-go-all-in.html


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Click to expand...
 
BamaAF said:
I don't have the will to go all in, but I do think it's a buying opportunity - but there may be some downside still to come (probable actually)... As a point of reference, back in the early 2000's I rode it down hard and then lost my nerve, got out and missed the climb back up -- the result was my 100K loss turned real instead of just on paper. It's all paper right now, but hard to keep that in mind. By the way, RTR!
Click to expand...
I'm with ya brother! However, in 2008, I rode the equities down and had the good sense to put all my new contributions into C, S, & I. Took a few years, but my investment strategy paid off. I ended up better off than many.

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BamaAF said:
I don't have the will to go all in, but I do think it's a buying opportunity - but there may be some downside still to come (probable actually)... As a point of reference, back in the early 2000's I rode it down hard and then lost my nerve, got out and missed the climb back up -- the result was my 100K loss turned real instead of just on paper. It's all paper right now, but hard to keep that in mind. By the way, RTR!
Click to expand...

I'm simply thinking this way: If I get out then there is ZERO chance of recovering. If I COMMIT I'll be rewarded later. (Hopefully!)
That said, for anyone on the sidelines of this 'event' it sure seems like a great entry point...IF (and I think so)...you believe that LONG TERM the economy is improving. Cuz sooner or later the market will reflect that.
But of course until then...I'm stocking up on antacid! :laugh:

Fasten your seatbelts...
https://www.youtube.com/watch?v=XypVcv77WBU
 
Some of the Elliott Wave folks say we're headed to 2032 to 2041. Don't know if that's tomorrow or not but that is the trend line upwards. I was kidding with Bquat about predicting the New Sideways channel from his Wedge chart this afternoon. Guess I need to do that more often. No sooner had I hit the send button than things headed into nice positive territory. Good Luck EXN.

FS
 
th
 
The Nikkei is up about 400 points in 30 minutes?
Doesn't 'feel' right.

I feel a tremor in The Force. :worried:
 
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