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Respected Contributor
Posts: 3,807
Registered: ‎03-09-2010

Concerns about the European economy faltering, notably Germany.

Fears that the Fed will eventually (and cannot come soon enough) raise interest rates.

Lots of chickens coming home to roost at once.

Super Contributor
Posts: 610
Registered: ‎09-25-2014

Considering how much we've all made in the market over the last 5 years, this "correction" is nothing. I was surprised it went over 17,000 and knew it wouldn't last.

Since I'm not pulling my money anytime soon, it's all good.

Respected Contributor
Posts: 4,026
Registered: ‎03-12-2010

I guess I'll close my eyes and not look for a while

_____ ,,,^ ._. ^,,,_____
Respected Contributor
Posts: 3,807
Registered: ‎03-09-2010

I think we are down 1.5 pct or so for the calendar year up 7.5 pct or so for the twelve month year.

I was at A.G. Edwards the day we broke 1000 for the Dow, we thought our machines were broken as they only went to three digits and read 000. Fun times.

Super Contributor
Posts: 610
Registered: ‎09-25-2014
On 10/13/2014 minkbunny said:

I think we are down 1.5 pct or so for the calendar year up 7.5 pct or so for the twelve month year.

I was at A.G. Edwards the day we broke 1000 for the Dow, we thought our machines were broken as they only went to three digits and read 000. Fun times.

Oh wow! That must have been something to witness!
Respected Contributor
Posts: 3,807
Registered: ‎03-09-2010
On 10/13/2014 GrettaGarbled said:
On 10/13/2014 minkbunny said:

I think we are down 1.5 pct or so for the calendar year up 7.5 pct or so for the twelve month year.

I was at A.G. Edwards the day we broke 1000 for the Dow, we thought our machines were broken as they only went to three digits and read 000. Fun times.

Oh wow! That must have been something to witness!

Yes, it was a great time to work for the stock market. We were on about the sixth floor of an old, old St. Louis building (with the old brass elevators with the actual elevator operator who sat inside on a stool all day - the floors never quite stopped where they were supposed to and you could see down the elevator shaft as you climbed over or stepped down to get out. {#emotions_dlg.crying}). We used old teletype machines and had yellow perforated ticker tape that spewed out the side of the machine - so we had ticket tape parades that day and when the Cards won the various Series, etc. Learned a lot - especially to keep most of our money out of the market {#emotions_dlg.biggrin}

Honored Contributor
Posts: 13,913
Registered: ‎03-10-2010

Beats me. I am one that believes "" a bird in the hand is worth 2 in the (ahem)"". I'll leave the betting on what might be's to others like Warren Buffett and those so inclined to guessing/betting or whatever term one chooses to use for this market.

hckynut(john)
Esteemed Contributor
Posts: 7,932
Registered: ‎03-11-2010

Hasn't been this bad since S&P downgraded us. However stocks in Hazmat suits have jumped 50%.

Wrong is still wrong just because you benefited from it.
Honored Contributor
Posts: 19,779
Registered: ‎09-06-2010

It was reported on one of the major news channels that the reason for this today was because of the sick folks on the plane at the Boston airport........and are saying it was the ebola scare.....

Respected Contributor
Posts: 3,357
Registered: ‎03-23-2010

Four years about we about 75% of our investments into annuities that each year we roll over and get a 10% bonus. We left 25% into DH's money market that he had for years. We don't fuss about it.

Three weeks ago we met with our financial guy and it's funny (not ha, ha funny) that he said the market is going to take a huge hit. Not that he is an oracle or psychic but, at our age we feel comfortable being in annuities and knowing we cannot lose the money we put in. That's what works for us at this point in our lives.