Get ready for an 8% to 13% stock market correction

Discussion in 'Wall St. News' started by Altavest_Erik, Oct 4, 2018.

8% to 13% equity correction within 2 months?

  1. yes

    5 vote(s)
    41.7%
  2. no

    7 vote(s)
    58.3%
  1. “The big decline in Thursday’s trading session”.

    The S&P wasn’t even down 1%.
    These moron writers love to write sensationalized headlines with the DOW down “hundreds” of points.
    300 points on a ~27,000 point index is a joke.
    Wait until the real selling starts!
     
    #11     Oct 5, 2018
    schweiz likes this.
  2. maxinger

    maxinger


    you are right mister.

    I usuallly read the headline (only ) just to see how foolish, how slow,
    how inaccurate, how erroneous those news reporters are.
    Reading the whole story would cause my blood to boil.

    India market is dropping alot but those reporters aren't talking about it.
     
    #12     Oct 5, 2018
    Clubber Lang likes this.
  3. schweiz

    schweiz

    The media has to fill lots of pages everyday, over and over again. But if there is no news these pages should be filled too. And these pages should sell. So they need spectacular headlines, even if there is no substance behind it.

    I never cared what is written or predicted. I follow my own system and in that way I am always prepared for no matter what happens.
     
    #13     Oct 5, 2018
    SunTrader likes this.
  4. SunTrader

    SunTrader

    LMAO

    We are decades past the days of when the media had power.

    But the ummm Politicians still have power ......... especially to control the media. AND sheeple.
     
    #14     Oct 5, 2018
  5. rb7

    rb7

    Each week, for the last 3-4 years, there's a 'guy-who-know-more' saying that the market is just about to crash (or to decline)...

    I personally don't care about next month, next week or tomorrow. I only care about today, from the open to the close (RTH). That's the best thing about day-trading.
     
    #15     Oct 5, 2018
    schweiz likes this.
  6. maxinger

    maxinger

    agree. day traders don't bother about all these.

    Those investors keep on worrying about when market is going to collapse and those things.
     
    #16     Oct 5, 2018
    schweiz and SunTrader like this.
  7. SunTrader

    SunTrader

    Exactly, those who don't day trade don't care about intra day movements.

    Why do so many day traders comment then about a long term market call? Reading comprehension ain't what it should to be lol.
     
    #17     Oct 5, 2018
    maxinger likes this.
  8. schweiz

    schweiz

    Because they are no real daytraders, they are wannebees.
     
    #18     Oct 5, 2018
  9. maxinger

    maxinger


    day traders can sleep very well every night.
    because their positions are closed before end of day.

    Investors can't sleep every night.
    every night, they think about market collapsing and those things.
     
    #19     Oct 5, 2018
  10. tomorton

    tomorton

    I tend to the purist view of investors - buy shares for life, for dividend income. The shares eventually pass into their estate and on to their beneficiaries, they are never sold. Buying with a view to sale for a profit from price appreciation is trading, regardless of time horizon.

    The industry of course likes to flatter their clients by calling them investors....
     
    #20     Oct 5, 2018