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Correction a coming
droggins
Member Posts: 804
in Tug Tavern
There appears to be a correction coming soon. Check out this graph: http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1452891600000&chddm=2089290&chls=IntervalBasedLine&cmpto=INDEXNASDAQ:.IXIC&cmptdms=0&q=INDEXDJX:.DJI&ntsp=0&ei=clWZVqDrOqWriQLes4rwDA
The returns on each index (DOW and NASDAQ) have historically been mirrored. There have been a few periods when significant variances have taken place, the first from 1998 to 2001, and the second from 2009 to present day. The NASDAQ’s return level will come back to that of the DOW. When is the question?
The returns on each index (DOW and NASDAQ) have historically been mirrored. There have been a few periods when significant variances have taken place, the first from 1998 to 2001, and the second from 2009 to present day. The NASDAQ’s return level will come back to that of the DOW. When is the question?
Comments
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Soon? I thought it was already starting to happen? I guess the better question would be how long will it take and where is the bottom going to land.
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1200
Then buy -
Is that what you're hearing?
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If the S&P 500 drops below 1500, I'll be a buyer again. It will probably overshoot, so will dollar cost average down.RaceBannon said:
1200
Then buy -
As long as it doesn't happen before Jan 2017, Honda will be good with it.
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Good. I'm not retiring anytime soon, so this just gives me a chance to acquire more shares while the old fucks who need the income now scrape by on canned beans for a few months.
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Those who sold during the "correction" in 1998 got fucked.
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I've found that buying beans in bulk (by the bag) it is even more affordable then buying them by the can.GreenRiverGatorz said:Good. I'm not retiring anytime soon, so this just gives me a chance to acquire more shares while the old fucks who need the income now scrape by on canned beans for a few months.
