Which way is this market going in 2018? (fund, collection, investor)

[WhyRUMad]

Originally Posted by Labonte18

and, one hour later.. it's up 127

Round and round she goes.. Where she stops..

And back down. Wild.

[Labonte18]

Originally Posted by WhyRUMad

And back down. Wild.

And back up. 105 at 3:29pm

I STILL, with 30 minutes to go, couldn't tell you and wouldn't be surprised by a gain or loss of 1000 points.

Just noticed.. What the heck is going on with expedia? It's down dang near 20% today.

[reneeh63]

Originally Posted by Nov3

Ya can't lose when you don't invest.
Penny saved.
Good luck to those who are in it for the long haul. Ride it out. It's their money til then.

You've taken your ball and gone home then? Or you don't play well and hence never even got in the "game"? It's really not that hard - come on in and stay awhile - that's the key!

[macyny]

This crash had to do with people and intuitions playing against the market, VIX. They were left short and had to dump stocks to cover the hedges.

Fidelity stated today,
"Fidelity said Friday it has temporarily blocked customers from buying volatility-related products that caught hedge funds and individual investors on the wrong foot this week.
Fidelity halted buy orders for three exchange-traded products linked to a popular trade on market volatility.

https://www.cnbc.com/2018/02/09/fide...-accounts.html

[txgolfer130]

Originally Posted by flyingsaucermom

Your essentially saying that nobody has to be buying or selling that the value of the share has gone down independently.

Yes, I do understand.

The question is....does he?

[DaveinMtAiry]

I track my investments on a fairly regular basis. Although this last week and a half has been very painful I looked back and outside of my 401 contributions I'm about where I was in the middle of November before the start of trading today. I can live with that.

[txgolfer130]

Originally Posted by macyny

This crash had to do with people and intuitions playing against the market, VIX. They were left short and had to dump stocks to cover the hedges.

Fidelity stated today,
"Fidelity said Friday it has temporarily blocked customers from buying volatility-related products that caught hedge funds and individual investors on the wrong foot this week.
Fidelity halted buy orders for three exchange-traded products linked to a popular trade on market volatility.

https://www.cnbc.com/2018/02/09/fide...-accounts.html

Institutions not so much dumping stocks, as unwinding positions, closing VOL trades and taking contrary positions to hedge their current positions.

But yes, there have been MANY funds & ETF's that were using leveraged VOL products to create cash flow & yield. They paid the price. MANY firms will be going before the SEC & FINRA within the next 90-120 days.

[JAMES67]

Well its been one helluva ride the last few days. Glad the week ended on a positive note, but Monday awaits. Hold her steady and take it easy on the sauce this weekend.

[Jobster]

Originally Posted by txgolfer130

The question is....does he?

Why don't you tell more people to catch a falling knife.

[TravelingBoat]

By year end the DOW will be back to 26,500. This momentary correction will shake out the weak investors. The rest of us continue to hold.