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Discussion in 'The Duck Hunters Forum' started by Lip Shooter, Feb 5, 2018.
DOW Down another 1000 points today. Sell, sell, sell!
Cramer just said you can't trust todays prices.
Tomorrow could be interesting, what the bottom??? 16K 12k?? should be interesting.
Do you think they are buying or waiting for lower prices?
I have been trying research this claim. Do you have any links?
Thanks so much!
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.
Ouch. Today hurt. My biggest loss yet. This is getting hard to watch.
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...
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.
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