So who suckered themselves into buying this dip? (fund, margin, rollover)

[Berteau]

I put half my money in the day after the 800 point drop thinking there was no way we would drop close to the February lows. And look what happened,

[leastprime]

so do you buy more now or later or sell now or later???

[lottamoxie]

I buy some additional shares in current funds automatically on a 2-week schedule, no matter what the market is doing. That means buys occur occasionally when there's a dip.

[COcheesehead]

I need to see a spike in VIX. It’s at about it’s average now. I would love to see it at 40,60+. Then I will dump some cash in.
Remember, when the VIX is high, then you buy.

[Ariadne22]

Don't anyone be buying for a while unless you are prepared to ride it way down - or you are really good at picking the winners - get a lucky bounce and then get out.

Please.

https://www.cnbc.com/video/2018/10/2...carter%20worth

Carter is usually right and has been calling for this selloff for a while now, except now he's getting more negative.

You're better off being a short seller right now - or buying soon to expire puts like these guys did:

https://www.cnbc.com/2018/10/29/opti...er-monday.html

https://www.cnbc.com/2018/10/29/trad...short%20seller

[sholomar]

I feel much better buying here but we are still a ways away from mid-term support levels, especially on the DOW. I wouldn't sell anything else right now. If anything it's the time to start slowly accumulating, and the closer the nasdaq gets to 6500 or less, the more accumulating I'll do.

Good mid term support: Nasdaq 6000 DOW 20,000-21000 S&P 2200-2300

These are all short term predictions based on chart patterns. They don't factor in economic data. Long term the markets are still rich, charts still way overextended, and during the next recession stocks will likely get substantially below the above levels, but that's 18-36 months out yet.

The linked video in the above post basically has the same chart that supports the above numbers. Good video.

[COcheesehead]

I’ve been raising cash since late summer and then more on the dead cat bounce days of last week. Upside now is not as likely as downside. Seasonality is on the side of bulls, but....

[artillery77]

I'll be entering new money shortly. I've been quietly building a stockpile on the side that my wife discovered this weekend and today's she's talking about redoing the house.



Suddenly the markets don't look scary at all.

[loves2read]

Originally Posted by artillery77

I'll be entering new money shortly. I've been quietly building a stockpile on the side that my wife discovered this weekend and today's she's talking about redoing the house.



Suddenly the markets don't look scary at all.

Thanks
I needed a laugh

Does anyone remember seeing this earlier this month?

https://www.cnbc.com/2018/10/01/hist...t-stretch.html

An analyst--not Carter (Adrianne's fav) -- explaining why the S&P 500 was entering its strongest stretch...

[mysticaltyger]

I put some extra cash into stock funds, but it's a small amount compared to my total balance. I also moved a small amount from stable value to an emerging markets stock fund. All of this was at the margins. No big moves.