How Far Down Will DOW Go?

[whitedust]

Use Jim Cramer as you would a barometer of why the market is doing what it is doing day to day from buy, sell or hold. His stock picks are so so but he does move things around a lot to his advantage. His 1st 15 mins are the best of the show if he is explaining market behavior......if discussing his plan for the week kind of boring & useless unless your agree with his plan. Cramer is more helpful than most & his market outlook has been very accurate & he admitts when he had a bad call on a stock. No one is right all the time or can time market bottom or top so Cramer pretty much middle of the road investor. Everyone has to start the learning curve somewhere & Cramer is the best for that IMO + has his books if you care to know more.

 

[highhertel]

I am 90% a technical trader, I use charts to pick my entry and exits points. Too much noise and blah blah with most fundamentalists. Here is a link to a good starting point for technical analysis:

http://stockcharts.com/

Click chart school at the top bar and go from there.

HH

 

[whitedust]

From all info I can gather it is going to be a wild ride for the next 6 months. We will see wild swings as the data becomes available & Bears & Bulls both see the investment world as a sell off if good news or bad. Then they will buy again when stocks are down so wondering what the trading window by the numbers would be? Big Ben might be able to settle things down by officially taking back his tapering statement but IMO tapering is good unfortunately others see this as very bad thus the motivation to sell. So good Corp. reports are bad news means tapering can happen sooner & bad economy news is good for not tapering. Going to be a crazy next 6 months so be prepared for big sell offs & big buying opportunities as data is available. I can't remember a time when data conflicted people like this.

 

[whitedust]

Ok I have been considering emerging market stock purchases way out of the norm for me but no pain no gain. I'm thinking USA stocks will move up,sideways & down for rest of 2013 but can't see buying more USA stocks at current prices. My best of breed Yield stocks are doing fine but too expensive to buy more but time to move out of some of my bonds to emerging market stocks. Any opinions?

 

[highhertel]

I cannot comment on emerging market since this is not my cup of tea, but the way I see it as long as the government is buying bonds to the tune of $85B per month, the market has no where to go but melt up.

HH

 

[whitedust]

I cannot comment on emerging market since this is not my cup of tea, but the way I see it as long as the government is buying bonds to the tune of $85B per month, the market has no where to go but melt up.

HH

Sure I see my USA stocks as a hold not messing with those investments but emerging markets seems like the best growth environment for a good long run just have to time it right & ride them up then sell high.

 

[ezra]

I am all out of the market and gold .
still have silver .all my money back in to flipping. my investors are averaging 30% per job 60day average.
I have 0 faith in the market any more. and less in the fed res.
I am just betting on my self for now.
the war dept still in the market heavy so we are covered on both ends. unless housing and market crash in the same week again like last time.
only thing that saves us in 08 was dumb luck. I was about to buy a flip it fell apart at closing with no prospects in site. then I was listening to Beck about gold and said f it bought and gold best buy I made ever. bout 60 days latter the bottom fell out

 

[whitedust]

Agree flipping is back in a big way should do well for the next year or so should take awhile for interest rates to edge up. Not something I can do so considering emerging markets.

 

[ezra]

biggest prob is finding the homes. we have been knocking on doors of people a little bird tells us are behind on payments.

 

[tundra ron]

Just checked my total market index fund up over 20% YTD

 

[whitedust]

Timing about right for dumper dive just what I thought in August Dow down 208 last I checked. Time to take profits & wait for cheaper stocks this Fall. Taper or not to taper....I say start to taper & get on with it take our licks & move on to better days.