Wall Street Fupdate

YellowSnow

The band is on the field. The band is on the field. @BearsWiin

WilburHooksHands

Ill check my accounts in 6 months

GDS

Buffett's past advice seems appropriate now.

Forbes asked "How do you feel?” to which Buffett replied, "Like an oversexed guy in a whorehouse. Now is the time to invest and get rich."

Since then, Buffett has made few predictions, and as far as I know, no direct advice on the time to buy or sell stocks.

Until 2008:

“Equities will almost certainly outperform cash over the next decade, probably by a substantial degree.”

And Buffett’s reasoning? According to the New York Times article, it’s as simple as “Be fearful when others are greedy, and be greedy when others are fearful. And most certainly, fear is now widespread, gripping even seasoned investors.”

jecornel

Enjoy the ride fellas!

YellowSnow

jecornel said:

Enjoy the ride fellas!

Good luck the rest of the way.

RaceBannon

All you tools of the Wall Street elite are getting yours!!!!!!!

YellowSnow

@Swaye was right. Rolex way outperforming equities right now.

Swaye

YellowSnow said:

@Swaye was right. Rolex way outperforming equities right now.

My stocks are down 20%. My watch collection is up 30%.

Rolex > Google

YellowSnow

Swaye said:

YellowSnow said:

@Swaye was right. Rolex way outperforming equities right now.

My stocks are down 20%. My watch collection is up 30%.

Rolex > Google

Hoping #joementum helps my Omega holdings.

Swaye

YellowSnow said:

Swaye said:

YellowSnow said:

@Swaye was right. Rolex way outperforming equities right now.

My stocks are down 20%. My watch collection is up 30%.

Rolex > Google

Hoping #joementum helps my Omega holdings.

Joementum you say? Not sure the Rowboat strategy is sound here.

PurpleThrobber

Buffet: Be fearful when others are greedy; greedy when others are fearful.

Get you some.

Meek

the way you get rich in this world is not buying lottery tickets but rather OEX puts

Pitchfork51

YellowSnow said:

Swaye said:

YellowSnow said:

@Swaye was right. Rolex way outperforming equities right now.

My stocks are down 20%. My watch collection is up 30%.

Rolex > Google

Hoping #joementum helps my Omega holdings.

J > baze

MikeDamone

More shares for me!

BearsWiin

Buying opportunity down here somewhere

Just hope things pick up before my college-bound kids start withdrawing from their education IRAs in the fall

Tequilla

Give yourself another 2-4 weeks for the market to keep dropping ... it’s not going to steady until there is evidence that light is at the end of the tunnel

I wouldn’t rule out markets getting suspended at some point

RaceBannon

BearsWiin said:

Buying opportunity down here somewhere

Just hope things pick up before my college-bound kids start withdrawing from their education IRAs in the fall

Maybe pick up a job and help the little lady out

PurpleThrobber

RaceBannon said:

BearsWiin said:

Buying opportunity down here somewhere

Just hope things pick up before my college-bound kids start withdrawing from their education IRAs in the fall

Maybe pick up a job and help the little lady out

Hurtful.