Anyone else enjoying watching the DOW tank today?

Wait until the second wave hits, lol..

As of right now on May 18 3:40pm DOW is up over 900 points. So all you nay sayers... RELAX. You guys are too negative. Stop living in fear. Stocks are Up over 24,000.

Dow DJIA +3.85% could hit 30,000 points by 2021 and 40,000 by 2023 as the U.S. economy recovers over the longer term!
So if we are good why does it all look so 'bleak' everywhere else?

:|

arty5987 :

As of right now on May 18 3:40pm DOW is up over 900 points. So all you nay sayers... RELAX. You guys are too negative. Stop living in fear. Stocks are Up over 24,000.

Everyday down a little, then up a little + a little. Climbing slowly, those that took a bath by selling, will wake up and say how did it hit 30,000.

W9XR :
arty5987 :

As of right now on May 18 3:40pm DOW is up over 900 points. So all you nay sayers... RELAX. You guys are too negative. Stop living in fear. Stocks are Up over 24,000.

Everyday down a little, then up a little + a little. Climbing slowly, those that took a bath by selling, will wake up and say how did it hit 30,000.

That´s why I don´t sell. It is permanent once I buy. It could go to zero... but I don´t ever sell. Not after
I learned that lesson of hurried, precipitated selling where I lost my shirt. Even after a biotechnology company failed in a trial for an FDA approval. The other drug projects usually come to the rescue.

robal

W9XR :
arty5987 :

As of right now on May 18 3:40pm DOW is up over 900 points. So all you nay sayers... RELAX. You guys are too negative. Stop living in fear. Stocks are Up over 24,000.

Everyday down a little, then up a little + a little. Climbing slowly, those that took a bath by selling, will wake up and say how did it hit 30,000.

Agree with that, never sell in a downturn. Your investment mix should be such that you don't need to. It was obvious a correction would come sooner or later, although this did feel like more than a correction, lol. Down again today but only half yesterday's gains. It's all virus news driven at this point.

There is the twenty year rule! If you keep for twenty years you will survive all ups and downs and you will earn the average of 10%! It has been like this from the beginning and is the first rule you learn when joining a group of investors!

If there’s one thing we know about sideways ranges, it’s that they eventually break higher or lower – usually with fireworks.
The only question is: which way will it go?

:|

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