- This topic has 255 replies, 23 voices, and was last updated 16 years, 6 months ago by
blackbox.
-
AuthorPosts
-
March 10, 2008 at 5:02 PM #167436March 10, 2008 at 5:55 PM #167019
(former)FormerSanDiegan
Participant
Have fun catching that falling knife!The best time to buy is at the bottom. Thats after the smoke has cleared and there is nothing but cinders left. Heck, you can even wait until some signs of new construction begin to show.
Until the credit mess sorts itself out, I’m staying out of the market other than a few small speculative investments in gold and some short ETF’s.
No knife-catching here. I am simply suggesting that timing the stock market is not as simple as some people claim it is. Once the smoke is clear, the lack of smoke is priced into stocks. Maybe you interpreted this to be in reference to the housing market. In that case I would agree with you. But with stocks, the markets swing too quickly to time as well as real estate. I would rather stick to my asset allocations and add to certain positions on weakness. Perhaps I am not nearly as smart as others on this board.
March 10, 2008 at 5:55 PM #167339Participant
Have fun catching that falling knife!The best time to buy is at the bottom. Thats after the smoke has cleared and there is nothing but cinders left. Heck, you can even wait until some signs of new construction begin to show.
Until the credit mess sorts itself out, I’m staying out of the market other than a few small speculative investments in gold and some short ETF’s.
No knife-catching here. I am simply suggesting that timing the stock market is not as simple as some people claim it is. Once the smoke is clear, the lack of smoke is priced into stocks. Maybe you interpreted this to be in reference to the housing market. In that case I would agree with you. But with stocks, the markets swing too quickly to time as well as real estate. I would rather stick to my asset allocations and add to certain positions on weakness. Perhaps I am not nearly as smart as others on this board.
March 10, 2008 at 5:55 PM #167345Participant
Have fun catching that falling knife!The best time to buy is at the bottom. Thats after the smoke has cleared and there is nothing but cinders left. Heck, you can even wait until some signs of new construction begin to show.
Until the credit mess sorts itself out, I’m staying out of the market other than a few small speculative investments in gold and some short ETF’s.
No knife-catching here. I am simply suggesting that timing the stock market is not as simple as some people claim it is. Once the smoke is clear, the lack of smoke is priced into stocks. Maybe you interpreted this to be in reference to the housing market. In that case I would agree with you. But with stocks, the markets swing too quickly to time as well as real estate. I would rather stick to my asset allocations and add to certain positions on weakness. Perhaps I am not nearly as smart as others on this board.
March 10, 2008 at 5:55 PM #167377Participant
Have fun catching that falling knife!The best time to buy is at the bottom. Thats after the smoke has cleared and there is nothing but cinders left. Heck, you can even wait until some signs of new construction begin to show.
Until the credit mess sorts itself out, I’m staying out of the market other than a few small speculative investments in gold and some short ETF’s.
No knife-catching here. I am simply suggesting that timing the stock market is not as simple as some people claim it is. Once the smoke is clear, the lack of smoke is priced into stocks. Maybe you interpreted this to be in reference to the housing market. In that case I would agree with you. But with stocks, the markets swing too quickly to time as well as real estate. I would rather stick to my asset allocations and add to certain positions on weakness. Perhaps I am not nearly as smart as others on this board.
March 10, 2008 at 5:55 PM #167441Participant
Have fun catching that falling knife!The best time to buy is at the bottom. Thats after the smoke has cleared and there is nothing but cinders left. Heck, you can even wait until some signs of new construction begin to show.
Until the credit mess sorts itself out, I’m staying out of the market other than a few small speculative investments in gold and some short ETF’s.
No knife-catching here. I am simply suggesting that timing the stock market is not as simple as some people claim it is. Once the smoke is clear, the lack of smoke is priced into stocks. Maybe you interpreted this to be in reference to the housing market. In that case I would agree with you. But with stocks, the markets swing too quickly to time as well as real estate. I would rather stick to my asset allocations and add to certain positions on weakness. Perhaps I am not nearly as smart as others on this board.
March 10, 2008 at 7:18 PM #167068TheBreeze
ParticipantBreeze, my call is market (Dow) retraces to 2002 levels of 8000. Most everything in between has been false run up from people stripping equity from homes and buying things propping up stock prices.
I can’t argue with your reasoning. To be fair though, the Dow was at 8000 back in 1998 also. Oh well, a few more years of working for me. Send me a postcard from your island when you buy it. 😉
March 10, 2008 at 7:18 PM #167390ParticipantBreeze, my call is market (Dow) retraces to 2002 levels of 8000. Most everything in between has been false run up from people stripping equity from homes and buying things propping up stock prices.
I can’t argue with your reasoning. To be fair though, the Dow was at 8000 back in 1998 also. Oh well, a few more years of working for me. Send me a postcard from your island when you buy it. 😉
March 10, 2008 at 7:18 PM #167394ParticipantBreeze, my call is market (Dow) retraces to 2002 levels of 8000. Most everything in between has been false run up from people stripping equity from homes and buying things propping up stock prices.
I can’t argue with your reasoning. To be fair though, the Dow was at 8000 back in 1998 also. Oh well, a few more years of working for me. Send me a postcard from your island when you buy it. 😉
March 10, 2008 at 7:18 PM #167428ParticipantBreeze, my call is market (Dow) retraces to 2002 levels of 8000. Most everything in between has been false run up from people stripping equity from homes and buying things propping up stock prices.
I can’t argue with your reasoning. To be fair though, the Dow was at 8000 back in 1998 also. Oh well, a few more years of working for me. Send me a postcard from your island when you buy it. 😉
March 10, 2008 at 7:18 PM #167491ParticipantBreeze, my call is market (Dow) retraces to 2002 levels of 8000. Most everything in between has been false run up from people stripping equity from homes and buying things propping up stock prices.
I can’t argue with your reasoning. To be fair though, the Dow was at 8000 back in 1998 also. Oh well, a few more years of working for me. Send me a postcard from your island when you buy it. 😉
March 10, 2008 at 7:31 PM #167079
CoronitaParticipantHmmmm. 8000… That's going to be pretty hard to swallow. I would think the gov would definitely intervene by then in epic proportions, don't you?
 Not to mention, most of you employees on this board would be jobless
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
March 10, 2008 at 7:31 PM #167400CoronitaParticipantHmmmm. 8000… That's going to be pretty hard to swallow. I would think the gov would definitely intervene by then in epic proportions, don't you?
 Not to mention, most of you employees on this board would be jobless
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
March 10, 2008 at 7:31 PM #167404CoronitaParticipantHmmmm. 8000… That's going to be pretty hard to swallow. I would think the gov would definitely intervene by then in epic proportions, don't you?
 Not to mention, most of you employees on this board would be jobless
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
March 10, 2008 at 7:31 PM #167438CoronitaParticipantHmmmm. 8000… That's going to be pretty hard to swallow. I would think the gov would definitely intervene by then in epic proportions, don't you?
 Not to mention, most of you employees on this board would be jobless
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
AuthorPosts
- You must be logged in to reply to this topic.