Quote:
Originally Posted by GEN_X
Greg, if it wasn't for you saying "the stock will drop after buying" I would be crying right now.
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Absolutely guaranteed!!!!
And worse.... it will go up 5 minutes after you sell.
Quote:
Originally Posted by slow4dr
All I keep thinking is "It can't always be like this". Being a NOOB I am just going back and forth between anxiety and complacency. I am certainly getting a crash course in just about every aspect of the market with the volatility so far this year.
I noticed that The existing CFO of ETE had resigned. The CFO of ETP got moved to CFO of ETE and both of their (and related partners) stocks just tanked. I hadn't bought any yet but I had been watching it.
http://247wallst.com/energy-business...tock-plummets/
I know many of you are also AT&T holders. I found this article a little unsettling. I'll be watching this one closely.
http://www.fool.com/investing/genera...mpaign=article
-J |
This is a market that is looking for ANY reason to hit the sell button. These happen all the time - usually with ferocity... and they can be vicious. I don't care how long you're in the market - you'll never get used to them. The only thing that will ever help you make sense of it all - is when you don't sell (thereby NOT locking in losses) and the stocks rebound, and you're not only made "whole" you get a gain too.
I had a post earlier that stated that I didn't think sinking oil prices were good for everyone = as the talking heads were all saying the consumer was going to really benefit and spend the excess cash etc. I knew that was BS - because I will guarantee you that I spend more every two months than most people make a year - and the price of gasoline is hardly a big deal. What is a big deal is the billions of losses that INVESTORS have seen - and the companies and towns etc that all depend on this industry.
Here's the thing that I've seen many many times over the years - just as you didn't see any of this coming - you won't be ready for the snap back either... because everyone gets so certain that the market rising is just a sucker hole - so you wait and wait and wait for certainty - and by then - the market has run 20%.... LOL