tsptalk's Market Talk

[99percent]

[TABLE="class: genTbl closedTbl crossRatesTbl, width: 1"]
[TR="bgcolor: #EDF4FA"]
[TD="class: flag, align: center"] [/TD]
[TD="class: bold left noWrap elp"]S&P 500[/TD]
[TD="class: left noWrap"]Mar 16[/TD]
[TD="class: pid-8839-last redBg, bgcolor: #FCDEDE, align: right"]1,955.75[/TD]
[TD="class: pid-8839-last_close, align: right"]1,986.00[/TD]
[TD="class: pid-8839-high, align: right"]1,991.00[/TD]
[TD="class: pid-8839-low, align: right"]1,952.00[/TD]
[TD="class: bold pid-8839-pc redFont, align: right"]-30.25[/TD]
[TD="class: bold pid-8839-pcp redFont, align: right"]-1.52%[/TD]
[TD="class: pid-8839-time, align: right"]07:34:20[/TD]
[TD="class: icon, align: center"] [/TD]
[/TR]
[/TABLE]

This sucks. No, really...this sucks.

 

[Mapper]

S is H(ing) TF. Folks front-running tonight's Asian markets? Talk about a gut check.

 

[jkenjohnson]

S is H(ing) TF. Folks front-running tonight's Asian markets? Talk about a gut check.

This is making me sick. Hanging on for a rebound is useless.

 

[tsptalk]

This is making me sick. Hanging on for a rebound is useless.

I think we just got the puke indicator.

 

[Mapper]

What is turning me green (queasy green) today, is the percentage losses I'm seeing in the stodgy old blue chips in my Roth...those are the ones that are supposed to keep me sane!!

 

[RealMoneyIssues]

What is turning me green (queasy green) today, is the percentage losses I'm seeing in the stodgy old blue chips in my Roth...those are the ones that are supposed to keep me sane!!

They'll come back, they always do. 2000-2007, 2008-2015, etc. No worries

 

[Mapper]

They'll come back, they always do. 2000-2007, 2008-2015, etc. No worries

I'm not worried about them, given my time horizon. The more they, drop the more I can accumulate. But, as an indicator of what may be afoot short-term, my eyes are open.

 

[RealMoneyIssues]

I'm not worried about them, given my time horizon. The more they, drop the more I can accumulate. But, as an indicator of what may be afoot short-term, my eyes are open.

Yes, but what do you do if you are out of the accumulation window of your life??? (rhetorical question)

 

[Mapper]

Yes, but what do you do if you are out of the accumulation window of your life??? (rhetorical question)

Hopefully, if sufficiently planned, keep living life using dividends to reinvest or supplement income. Like you said, they'll come back up. I'm hoping, for me anyway, my IRA is just supplemental to the other "3 legs of FERS".

In any case, for those of us accumulating...do we sit and wait for lower prices, or buy now? And when do I sell the TZA I've been sitting on for waaay too long...don't even ask how long.

 

[JTH]

Good morning

Today marks the first time this year the pre-markets have gapped up at the open, have a HAPPY FRIDAY!

 

[nnuut]

Opinion: Don’t let a stock market bounce fool you

Published: Jan 8, 2016 5:08 a.m. ET
Don

 

[tsptalk]

 

[law87]

majoorr support

 

[pmaloney]

Everyone in the pool? :smile:

 

[Lakebound]

Futures are up this morning after being down almost a half point last night. Let's see if this holds or, if we're being tricked. I like the charts above plus the seasonality for the next week. After that, I just don't know.

Maybe Powerball? :smile:

Frank

 

[nnuut]

Is it Sidney or The Bush Time? Not yet I'd say.

 

[jkenjohnson]

Futures are up this morning after being down almost a half point last night. Let's see if this holds or, if we're being tricked. I like the charts above plus the seasonality for the next week. After that, I just don't know.

Maybe Powerball? :smile:

Frank

Nice pop just faded. I'm guessing down another 1% today. Discouraged.

 

[tsptalk]

China was down 5.3% last night. Oil is down another 3% nearing $32.

 

[Lakebound]

AGG is down too ..... nowhere to hide in this burning house.

Frank

 

[tsptalk]

Mixed in Asia although Japan is the big one in the I-fund. China is just a market catalyst for now.

Oil futures are down to 30.60 right now - looks like we may see a 29 handle before the day is done.