Worst 2-week opening for a new year, EVER... Calling Mr Bullmarket

virgie76712

Heisman
Nov 7, 2001
18,748
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Been in cash since August. Markets are too scary for me. I was in cash all of 2008 till March 2009. I avoided a huge meltdown. So far, Yellen has strayed from Bernanke's stock market prop up policies.
 

virgie76712

Heisman
Nov 7, 2001
18,748
22,519
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22, sure you and I aren't making money. But sometimes it's fun to just sit back and avoid losing. In 2008, with markets dropping almost daily, I had a blast. Many I know took major, major hits.
 
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WhyNotaSooner

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Nov 1, 2004
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22, sure you and I aren't making money. But sometimes it's fun to just sit back and avoid losing. In 2008, with markets dropping almost daily, I had a blast. Many I know took major, major hits.

I was in & out of the market via going short in 2008/2009. The same the past 4 weeks. Money can be made when the market goes up and down. These swings are great for trading.

Sunburnt, I'm one to believe you're making money when you're not losing money! :)
 

OklaBama

All-American
Aug 10, 2004
8,746
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Although its hard to do, this could be a huge money making opportunity. I was too afraid after the last one and missed out.

You are on the right track. Buy low and hold. It may take longer than you think but patience is your friend. Right now, don't under estimate cash.
 

barkingwater2000

Redshirt
Jan 12, 2012
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You are on the right track. Buy low and hold. It may take longer than you think but patience is your friend. Right now, don't under estimate cash.
Good point bama. Especially if you are wanting to retire soon. Feel sorry for the guy who is heavily invested, expecting to retire this year, and then this happens.
 
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iasooner1

All-American
Nov 13, 2002
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Unfortunately I cannot just yet so I think I'll go to see M Rubio tomorrow am and see what he can do for me. Hopefully its a cake desk job monitoring the daily production of one our many wind generating turbines in the vast Iowa fields
 
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iasooner1

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Nov 13, 2002
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I'm too old to Get Rich or Die Trying.

Rubio was at ease talking to the crowd of 150 or so (it was -10 actual when we arrived)
He did take a couple of questions from me; I'm still uncommitted.
My youngest advised me that the donald drew 3-4000 at UNI's old West Gym last week...
 
Oct 16, 2004
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I'm too old to Get Rich or Die Trying.

Rubio was at ease talking to the crowd of 150 or so (it was -10 actual when we arrived)
He did take a couple of questions from me; I'm still uncommitted.
My youngest advised me that the donald drew 3-4000 at UNI's old West Gym last week...

Yep, DT at the Mabee Center day after tomorrow on the 20th.

Thinking about it.:rolleyes:
 
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DubiousDon

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May 28, 2002
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Been in cash since August. Markets are too scary for me. I was in cash all of 2008 till March 2009. I avoided a huge meltdown. So far, Yellen has strayed from Bernanke's stock market prop up policies.

I had 100K in a savings bank during that period and made an average of 0.48% interest, which is extremely paltry. Thanks, Bernanke. I guess that's better than having LOST some of that money, but it's hardly "growing your wealth" (not that I actually have much wealth to speak of).
 
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iasooner1

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Nov 13, 2002
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Obarry & Crazy Uncle Joe have given us plenty of laughs for a lifetime. It's time for fixing not continuing the Utopian lunacy of the last 7 years, in my humble opinion of cOUrse !
 
Oct 16, 2004
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Obarry & Crazy Uncle Joe have given us plenty of laughs for a lifetime. It's time for fixing not continuing the Utopian lunacy of the last 7 years, in my humble opinion of cOUrse !

Yep, just for the historical snapshot in time...like when I went to see Jimmah Carter when he was running in a hastily erected circus tent at the Tulsa Int. Airport.

Aint no thang really.
 

iasooner1

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Nov 13, 2002
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Jimmah the peanut was my first Presidential vote when I was 20. I see the strong resemblance of what he did in 4 years in what I've seen lately.
 
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Schoonerman_rivals49058

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May 29, 2001
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Probably better for me to move on from this thread as it is heading toward a pissing match about politics. But you folks go ahead and enjoy yourselves without me.
 
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22LR

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Dec 1, 2015
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Yawn, 30 years until retirement.
Looks like a good buying opportunity in 2016 for a guy in my position...

There are no guarantees that any of us will live to see tomorrow. But if you have 30 more years of work in front of you, I send my deepest condolences. Man, that would suck.
 
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K2C Sooner

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Sep 2, 2012
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Well, in my defense I tried to leer at the ugly gals too...they just didn't do it for me.:D


 

OklaBama

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Aug 10, 2004
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George W won the Iowa caucus both of his terms.....I think. I know his won in 2004, but pretty sure he won in 2000 also.

Edit: Just checked. Obama won the 2008 Democratic caucus. How soon we forget....or how soon can we forget.
 
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iasooner1

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Nov 13, 2002
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Ia, you can have considerable impact by participating at your local caucus. Go do your duty.

Therein lies the rub: I have to work (primarily) to maintain health insurance for myself & others; 2nd shift hours, No 'absentee' caucus available, SO do I burn 2 hours in the middle of the shift to do my civic duty ? (and there is no law that says my employer has to approve my leave)... (to be fair, that may not be an accurate statement, and I've enough "seniority" I probably wouldn't be denied) but it definitely would not be convenient. I want to do my duty but maybe I would be by not participating considering the options on either side of our current system...
 
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