stocks in meltdown mode

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Chico23231
05-05-2022, 04:26 PM
Stocks on sale right now.

Lol

Thanks Jim Cramer

MTK
05-05-2022, 04:29 PM
Unless you're retiring in the immediate future you shouldn't even care about what the market is doing right now.

sdskinsfan2001
05-05-2022, 05:29 PM
Unless you're retiring in the immediate future you shouldn't even care about what the market is doing right now.

My 401K is like Fight Club. I have one rule. I just don't look at it. I ain't retiring for another 20 years, if things go well. So I agree, it's too much to worry about on a regular basis.

Giantone
05-05-2022, 06:32 PM
It's a normal correction , like it or not it happens all the time.

Chico23231
05-06-2022, 08:02 AM
It's a normal correction , like it or not it happens all the time.

“Normal”

Oh yes the norms are back

JFC. U guys are amazing

Chief X_Phackter
05-06-2022, 09:21 AM
Since 1950, the S&P has seen an average annual max drawdown of 14%, and still managed to generate positive returns in 32 of 42 years that saw intra-year drops of 14%.

If your long...it is a blip...

Giantone
05-06-2022, 03:30 PM
“Normal”

Oh yes the norms are back

JFC. U guys are amazing

Never heard from you when they had a record day a few days ago? STFU!

Giantone
05-06-2022, 03:32 PM
Since 1950, the S&P has seen an average annual max drawdown of 14%, and still managed to generate positive returns in 32 of 42 years that saw intra-year drops of 14%.

If your long...it is a blip...

Yup. If you're a Day trader and try to make it in a day you're screwed but then they should already know that.

Giantone
05-06-2022, 03:54 PM
“Normal”

Oh yes the norms are back

JFC. U guys are amazing
Educate yourself.
From 2020................

https://www.cnbc.com/2020/02/27/this-is-the-fastest-stock-market-correction-in-history.html



https://finance.yahoo.com/news/april-2022-jobs-report-labor-department-unemployment-usa-184903769.html

Chico23231
05-06-2022, 07:22 PM
Yup. If you're a Day trader and try to make it in a day you're screwed but then they should already know that.

Lol…the day traders. Yeah it’s no biggie for companies and funds themselves…on impact there. Or the employees of the companies.

Of course Jim Cramers, if you are holding in retirement accounts long…it’s not too big of a deal.

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