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Lot of fluctuation. The markets simply don't know which way to go. I'd be nervous if I was a 401K retiree. Hopefully many of them have their money of safer investments.
Lot of fluctuation. The markets simply don't know which way to go. I'd be nervous if I was a 401K retiree. Hopefully many of them have their money of safer investments.
Yes, We get it, you are looking to make something negative out of this one way or another by spreading FUD. the VIX(and VXN) was actually down today.
There are a lot more markets than the DOW
anyone that followed my advice a few days ago selling credit spreads when we had a vol spike are safely in the green--its time to buy back those spreads at a profit now that vol has compressed the last 2 days, this way we can be there to sell credit spreads if vol goes crazy again.
Yes, We get it, you are looking to make something negative out of this one way or another by spreading FUD. the VIX(and VXN) was actually down today.
There are a lot more markets than the DOW
anyone that followed my advice a few days ago selling credit spreads when we had a vol spike are safely in the green--its time to buy back those spreads at a profit now that vol has compressed the last 2 days, this way we can be there to sell credit spreads if vol goes crazy again.
vol in this context means volatility, not volume.
Yup, these "nervous" investors....they are the ones that sell low out of panic and probably buy high, making all kinds of knee-jerk and uninformed decisions, then jump up and down yelling about a fixed market and what not.
Lot of fluctuation. The markets simply don't know which way to go. I'd be nervous if I was a 401K retiree. Hopefully many of them have their money of safer investments.
I'm such a retiree but my 401K is diversified between stocks and bonds and not our only source of retirement funding. Regardless, these corrections are inevitable, necessary and arguably healthy since they tend to keep the runaway enthusiasm in check. Profit taking is also part of the dynamic and also to be expected. Lastly, what happens in one year is not what any retiree should be concerned about. It's the long-term that matters and although I can't credit Trump for what ups and downs we've seen in the market so far this year, I'm hoping he won't still be around three years from now...
I've never denied it was the largest point drop, I've called you out multiple times for calling it the biggest drop ever without including the "point drop" because doing so is misleading, I've also had to correct you when you said it was the 14th largest percentage drop ever which was just completely wrong. So lets not sit here and pretend I'm denying anything, or spinning anything, I'm simply presenting facts to clear up your misunderstanding or intentional misrepresentation of the actual market behavior and facts.
Admit nothing. Deny everything and make counter accusations.
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the VIX(and VXN) was actually down today. 
