Author Topic: Economic Slowdown?  (Read 18767 times)

0 Members and 1 Guest are viewing this topic.

Offline morekaos

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 393
  • -Received: 421
  • Posts: 3708
Re: Economic Slowdown?
« Reply #150 on: February 24, 2020, 02:57:09 PM »
I think it won’t get much past 10%. It would be a welcomed pullback. I think this thing is a bit overblown. Buying this sell off.

Offline aquabliss

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 176
  • -Received: 703
  • Posts: 3658
Re: Economic Slowdown?
« Reply #151 on: February 24, 2020, 03:54:02 PM »
Ya it's like Trump said after he won the election.  My investments are winning so much, they're getting sick and tired of winning! 

This feels like a welcome pullback actually.  Strange to say when you lose big $ in a day, but a welcomed breather none the less.

Online zubs

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 69
  • -Received: 392
  • Posts: 1977
Re: Economic Slowdown?
« Reply #152 on: February 25, 2020, 11:41:40 AM »
Is it time?
Maybe a bit early.



Offline Compressed-Village

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 307
  • -Received: 214
  • Posts: 1751
Re: Economic Slowdown?
« Reply #153 on: February 25, 2020, 12:12:09 PM »
Is it time?
Maybe a bit early.




Ha ha. No, the psyche is, just hold still. It will come backup.


When it hit 20k

Online qwerty

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 2492
  • -Received: 1593
  • Posts: 7197
Re: Economic Slowdown?
« Reply #154 on: February 25, 2020, 12:48:51 PM »
With the market tanking like it is, a Vaccine and treatments will fastracked and by the end of year the dow will be at 30k. It can bounce back just as fast as it came down. About 4-5 weeks ago the Dow was at 29.3k and went down to about 28.5 over several days, then it set a new record at 29.5k. This is the dip we wait for 1-3 times a year to use that dry powder.

Offline morekaos

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 393
  • -Received: 421
  • Posts: 3708
Re: Economic Slowdown?
« Reply #155 on: February 25, 2020, 01:08:58 PM »
Selective buying is the call. We needed this, fast or slow it was coming.

Offline Compressed-Village

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 307
  • -Received: 214
  • Posts: 1751
Re: Economic Slowdown?
« Reply #156 on: February 25, 2020, 01:18:28 PM »
The downward velocities of this market is breath taking.


This, and U.S. have not even experience one death related to Covid 19 virus. CDC warn that it will be inevitable that the outbreak happen right here in the homeland.

Imagine if the head line of just one casualty from this virus in the U.S. Far from over.

This downward dumped the robbers surely taking their chips off the tables. And telling people to stand still.

Ha ha. And you got Rush Limbo telling people not to be worry that it is just a cold virus. Nothing to worry. :)

Offline morekaos

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 393
  • -Received: 421
  • Posts: 3708
Re: Economic Slowdown?
« Reply #157 on: February 25, 2020, 01:29:45 PM »
Every year the regular old flu kills around 18000 people here. How many Americans has corona killed again? 

Offline Panda

  • "Live a life that will help others financially, spiritually, physically, and emotionally. Live a life that serves as an example of what an exceptional life could look like."
  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 298
  • -Received: 402
  • Posts: 1745
  • Gender: Male
  • Location: Johns Creek, GA
    • www.realwealthmanagement.com
Re: Economic Slowdown?
« Reply #158 on: February 25, 2020, 01:32:37 PM »
.
« Last Edit: February 26, 2020, 04:38:18 PM by Panda »
James Park, MBA
Investment Real Estate Broker
CalBRE# 01894781, NMLS License # 1572291
Direct: (678) 865-6250
Email: jpark@johnscreekrealtypartners.com

http://www.biggerpockets.com/users/Panda
http://www.johnscreekrealtypartners.com

Offline morekaos

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 393
  • -Received: 421
  • Posts: 3708
Re: Economic Slowdown?
« Reply #159 on: February 25, 2020, 01:56:14 PM »
This map will be updated as more cases in the U.S. are confirmed. As of Feb. 25, there were at least 57 cases confirmed in the U.S.

Got it, 57 cases, so far (thank God) no deaths.

Offline Compressed-Village

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 307
  • -Received: 214
  • Posts: 1751
Re: Economic Slowdown?
« Reply #160 on: February 27, 2020, 06:44:06 AM »
This morning DOW is now surpass 10%  down.

It only takes 4 days.


DOWN BABY DOWN, 

Offline morekaos

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 393
  • -Received: 421
  • Posts: 3708
Re: Economic Slowdown?
« Reply #161 on: February 27, 2020, 06:17:05 PM »
Apple sees light....

Foxconn aims to resume half of output in virus-hit China by month-end


TAIPEI (Reuters) - Taiwan’s Foxconn hopes to resume half of its production in China by month-end, a source told Reuters on Wednesday, as the supplier to tech giant Apple and others reopens plants shut over a coronavirus outbreak.

https://www.reuters.com/article/us-china-health-foxconn/foxconn-aims-to-resume-half-china-production-by-end-february-source-idUSKBN2060BK

Offline Compressed-Village

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 307
  • -Received: 214
  • Posts: 1751
Re: Economic Slowdown?
« Reply #162 on: February 27, 2020, 06:20:00 PM »
So you coming back in? Selective buying begins for you?

Gutsy!!!

Offline morekaos

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 393
  • -Received: 421
  • Posts: 3708
Re: Economic Slowdown?
« Reply #163 on: February 27, 2020, 09:25:53 PM »
Oh yah, been buyin for the last two days. No guts...no glory people!

Offline Compressed-Village

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 307
  • -Received: 214
  • Posts: 1751
Re: Economic Slowdown?
« Reply #164 on: February 27, 2020, 10:16:12 PM »
So what are your selective picks for the last two days?

What your positions? When you got mass rushed jumping off you diving in? Where do you think it going in the short term?
I am not even looking at long.

You trying to pull something that the experts are saying otherwise. Ignorant can be bliss.


 

Talk Irvine Links

[Recent Posts]
[FAQ / Rules]

Site Supporters



Related Links

Recent Posts

Re: Masks? by USCTrojanCPA
[Yesterday at 09:04:02 PM]


Re: Masks? by Innosint
[Yesterday at 08:50:42 PM]


Re: When/where/how did I receive a grant deed? by daedalus
[Yesterday at 08:39:30 PM]


Re: Masks? by irvinehomeowner
[Yesterday at 03:54:22 PM]


Re: How low can we go? 30 yr fixed at 3.75% with no fees... by mads
[Yesterday at 01:40:11 PM]

SimplePortal 2.3.5 © 2008-2012, SimplePortal