Betting that it would be like 2000 dotcom bust? Anyhoo did buy some for my children’s accounts few weeks ago which is cheaper then now.
Some of my steady dividend payers and value plays were up today. NUE, CXW, PM.
The downward pressure on CXW has been kind of ridiculous. Mostly because Warren said she would ban private prisons. No where else to put all those people in the short to medium term even if she got elected.
You don’t think rates have anything to do with valuation? Why does market go up when Fed lowers rate?
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BTFD
“These crowding or herding behaviours tend to be short-lived, and ultimately reverse themselves as reality sets in,” said Tang in an email last week. “As such, rather than chasing the crowd and trying to be part of the herd, which could potentially infect your portfolio with poor performance, the wise response to these market volatilities is to focus on long-term outcomes, and ensure your portfolio has some investments which are more resilient to smooth out the volatility.”
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This is the issue with news/media, they wait for 2% - 3% and after seeing futures, they write some scary stories to retail investors !
They (media or write up analysts) just follow the market.
Readers, retail investors are really poor people, becoming poor believing them.
Now a days I read them but do not believe 100%.
Your sound principle like buy strong companies (profitable and growth oriented) will work, buy more as DCA during dip.
Now, I will be buying more AAPL, MSFT, AMZN, TSLA, GOOGL during some dip ( I do not know when and what price )
Guess SPY easily touches SMA-50 and very likely settle between SMA50 and SMA200
Adding to potential volatility for the Dow Jones, Senator Bernie Sanders is powering his way towards the Democratic nomination after another win in Nevada.
One billionaire speculated that a Sanders presidency poses a bigger threat to the Dow Jones than the coronavirus.
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Who has the balls to buy here?
Surprisingly, none of my GTC BTO calls are triggered. I think IV or Vega has increased, so the calls cost more. Will let the market decides to sell to me or not. Either by declining a few more percentage or IV/ Vega contraction as market stabilizes.
We easily cut through the 50-day. Now it’s no man’s land. I think the odds are we go lower not higher. The 200-day is 6% lower.
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Reading between the lines is to cancel the GTC BTO.
Have been thinking for the whole morning, decided to cancel all the GTC purchases while I still can. Better conserve $$$ and watch. All GTC BTO calls cancelled 
None activated so far From the chart, I was expecting prices to go very low long ago i.e. at least 1 month ago, is why I set the prices for GTC BTO calls so low, the feeling is different then, now that is here fear took hold of me.
I was away for last three days. Catching up to do. Market dropped big this morning.
Some1 above is helping you. Now you can pick up shares you love cheaply.
Only down 3.5%. Not cheap yet… 
Lower from today’s close?
ADDED LATER:
Just checked some website. It says 200 day is 3043(S&P) @5.6% lower than current levels(@3226).
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Where do you count from? Shouldn’t you count from ATH?
Which stocks or indices?
Count from last close to today…
U count from ATH? That’s seems odd to me but you’re the pro here.
I always count from ATH. For example, ATH for TWLO is $134, lowest today is $113, about 15% down from ATH! Within the correction territory of 10-20%. So if I’m correct it won’t go into a bear market, my downside risk is 5%.