Stock market, wonder if the small 401k guys are taking profits after learning a lesson last meltdown

Discussion in 'The Duck Hunters Forum' started by Lip Shooter, Feb 5, 2018.

  1. Duckfiend

    Duckfiend Senior Refuge Member

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    DOW Down another 1000 points today. Sell, sell, sell!
     
  2. Lip Shooter

    Lip Shooter Elite Refuge Member

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    Cramer just said you can't trust todays prices.

    Tomorrow could be interesting, what the bottom??? 16K 12k?? should be interesting.
     
  3. Lip Shooter

    Lip Shooter Elite Refuge Member

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    Do you think they are buying or waiting for lower prices?
     
  4. Lip Shooter

    Lip Shooter Elite Refuge Member

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  5. pintail2222

    pintail2222 Elite Refuge Member

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    Do not listen to Cramer.

    As for where it’s headed - pull up a chart on in SPY and look for previous resistance with volume for a possible bounce - like back in late Oct - early Nov. If it breaks thru that the next previous level of resistance could be where it was on Aug 14, 2017.
     
  6. Lip Shooter

    Lip Shooter Elite Refuge Member

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    Pure entertainment :)
     
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  7. buck_master_2001

    buck_master_2001 Elite Refuge Member

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    Ouch. Today hurt. My biggest loss yet. This is getting hard to watch.
     
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  8. pintail2222

    pintail2222 Elite Refuge Member

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    35% retail traders sounds about right to me vs institutional traders who invest their retirement accounts.


    Institutional investors run the show. It takes them months to get in to a position and months to get out of a position. Buffett talked about it and how the retail trader has an advantage because they can get in and out of a trade faster than an institution like Vanguard Group with $3.4 trillion in assets, Fidelity Investments with $1.9 trillion in assets, Capital Research & Management with $1.6 trillion in assets, T. Rowe Price with $582.9 billion in assets...

    https://www.investopedia.com/articl...-institutional-traders-and-retail-traders.asp
     
  9. stevena198301

    stevena198301 Elite Refuge Member Supporting Member

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    On your 401k, or an investment account? If it’s youre 401k, I assumed you were like me and have a whole lotta years to make it up.
     
  10. bang you'r dead

    bang you'r dead Canada Forum Mod. Eh! Moderator Flyway Manager

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    Well I see my investment guy the day I get back from vacation. I will have a very big cheque with me, and if he has the right answers, I'll be buying, hopefully near the bottom
     

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