Place an order to buy $3000 of VFINX, not Bitcoin 
Another 1000 point drop in the cards. 
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Too early to tell. However, bond has turned so stock bounce might be tomorrow. Hopefully it can fall really really deep so that bulls can get a deep discount.
“It’s too early to say the highs of the year is in. But it’s also too early to say a 10 percent corrective move off the highs will be enough,” said Redler, in a note.
The major source of pressure for stocks in the past week has been the bond market, where yields have been spiking with higher inflation expectations. That triggered speculation that the Fed could raise interest rates more than the three times it forecast for this year.
But Treasurys reversed sharply Monday, with morning selling giving way to buying by investors worried about the sharp drop in stock prices. In an unusual and stunning turnaround, the bench mark 10-year Treasury yield plummeted to 2.70 percent from a four-year high of 2.88 percent reached in morning trading. Yields move opposite price.
Too early to tell ==> IMO, tomorrow evening is too late before getting out our profit ! Downturn resulting stock crashes are done within 3 days of panic selling.
The major source of pressure for stocks in the past week has been the bond market, where yields have been spiking with higher inflation expectations ==> What does this mean?
Investors moved the credit money to bonds and selling stocks !
I have been confused a lot, last 4-6 hours whether to sell my stocks and book 80k profit. CNBC+Marketwatch both futures 600 down tomorrow.
This means, people are selling ahead (pre-order) like me.
No matter whether I am going to be fooled by Mr.Market or not, I decided to sell all stocks keeping only 5 VOO for tracking purpose. This is going irreversible mode now. Finally, I pre-ordered all my taxable stocks to sell at market rate by morning.
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I agree with your call and you are definitely not alone in liquidating stocks to cash in current scenario !
Liquidating stocks to cash, then buy what?
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I panic sold in 1987. Big mistake. But I think Jil is the most savvy stock investor on here. Was prepared and waited for this moment. Hopefully this downturn will be limited and short. But the over optimistic talking heads on CNBC made this downturn predictable.
Dow futures down 725 points now (8:30 PM), more than 400 what I saw at 5 PM. Sure, another 1000 points down tomorrow creates panic across the world. This is precarious situation…
Selling it, paying tax, keeping cash…until volatility ends which I do not see any near future…
For me, cash is the current position and looking around, its clearly an enviable one right now.
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When downturn comes, cash is the king !
But it might be just a stock market correction. It’s very unlikely to be a real recession.
Market drops because it’s overly optimistic, not because a recession is coming.
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Sorry, but I cannot be the bag holder talking to myself and praying that it will come back up.
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In 1987 people took their stock profits and put the money into real estate. Hopefully it happens again. All those bitcoins and stock gains are just numbers on a screen. Real estate can be your home or rent producing nest egg.
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Don’t be so sure… there is a positive correlation between stocks and real estate.
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Finally me and Trump agree on something!
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Where’s Joans anyway? Jones fell 1000, Joans? Who knows? 
Black Tuesday is coming. I want to take a day off from Internet tomorrow!
Panic sell off only. Fundamentals not changing one bit. Enjoy the roller coaster ride everyone! Selling is never an option and never will be!!!
What’s the market average margin? Will it trigger a widespread margin call? Or some similar squeeze on other higher order leverage?
Market has not corrected for a long time, this sudden correction could caught some big fish in surprise