same..

MU closed its gap

So 401k question...if I do just want to move it all to cash for now, do I just sell the investment (I use Fidelity)?

Dafuq with that candle just now on the SPX??

I would argue there is a difference between the Chinese explicitly devaluing for competitive purposes in the 2000s, and today's *somewhat* market-driven plunge...

gougler08 said:

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So 401k question...if I do just want to move it all to cash for now, do I just sell the investment (I use Fidelity)?

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My fidelity 401K we have like 26 funds to choose from, at the end of the day prior to 3 pm I just go in an reallocate my investments to 100% Bond fund (Pretty much like cash)... but you can only move between funds every 30 days minimum. So if you do it today, it be 30 days until you are suppose to be able to re-allocate it to another fund. I did it less than that before and got a warning.

So I have had mine in a bond fund for about 1.5 months already waiting for this correction.

gougler08 said:

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There's a tiny gap down to 2852.1 that may offer some support

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Guess we're going for it...

IrishTxAggie said:

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gougler08 said:

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There's a tiny gap down to 2852.1 that may offer some support

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Guess we're going for it...

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And it's gone

IrishTxAggie said:

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Dafuq with that candle just now on the SPX??

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What are you guys seeing in regards to long term entry positions on SPY/DIA/FCNTX. I am heavily invested in those already, but have some extra cash in an IRA that I have been waiting for a good dip to add more. Seems like the dip is here. Obviously finding the bottom is a crap shoot but what would you pros be looking at in regards to entry point for long term holds on the index? I don't have the time to devote to learning options trading at the moment, but want to get this money to work in the market when the opportunity is right.

Aggie_2463 said:

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gougler08 said:

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So 401k question...if I do just want to move it all to cash for now, do I just sell the investment (I use Fidelity)?

---

My fidelity 401K we have like 26 funds to choose from, at the end of the day prior to 3 pm I just go in an reallocate my investments to 100% Bond fund (Pretty much like cash)... but you can only move between funds every 30 days minimum. So if you do it today, it be 30 days until you are suppose to be able to re-allocate it to another fund. I did it less than that before and got a warning.

So I have had mine in a bond fund for about 1.5 months already waiting for this correction.

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Wow I have a whole bunch of options to choose from now that I do more research on it (just had it in one of the Lifepath funds from Fidelity which has just been ok)...I see the Russell 1000 index has been killing it, should I be in that once we "bottom out"?

9-10% off the highs

Prognightmare said:

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9-10% off the highs

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I'm with you...that 2750 mark will be key to see if we bounce back

Only 1 pt off the day's low on SPX


*Whoops... New lows

This isn't a Trump tweet tariff drop.

Every time since feb 2018 we have reached highs, range collapses, and we correct hard. There's def quant markers you can find that volatility is about to explode.

Listen to what Jerome said in October and the other day. Market will rip off faces at any mention of QT.

Trump tweets are generally an opportunity to countertrade the first move.

How much lower are some of you expecting the DOW to go before making a rebound?

claym711 said:

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This isn't a Trump tweet tariff drop.

Every time since feb 2018 we have reached highs, range collapses, and we correct hard. There's def quant markers you can find that volatility is about to explode.

Listen to what Jerome said in October and the other day. Market will rip off faces at any mention of QT.

Trump tweets are generally an opportunity to countertrade the first move.

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I'll let you guess what that arrow is[url=//imgur.com/XYknpCu][/url]

Aggie_2463 said:

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How much lower are some of you expecting the DOW to go before making a rebound?

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2750 seems to be the big test

Should have pulled the trigger on some $150 DE weekly puts. Ag sector is about to get hit hard.

ADM at 52 week lows for instance.

TSN green in a sea of red. Confirmed year end guidance.

Quote:

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Tyson Foods (TSN +5.1%) says Raised & Rooted plant-based nugget products will be available by the end of September at over 4K stores in the U.S.

The company also has plans for blended chicken and burger products under both the Raised & Rooter and Aidells brands.

Looking down the road, Tyson expects to take its protein alternatives initiative to international markets.

The new Tyson products could compete with Beyond Meat (BYND -2.2%) offerings at certain retail outlets.

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Down over 100 points

HARD bounce off of 2822. Should be an interesting last hour.

Regarding my 401k.
Should I move some funds from cash to enter the market?
or transfer more from the market into cash?

aggiepaintrain said:

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Regarding my 401k.
Should I move some funds from cash to enter the market?
or transfer more from the market into cash?

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I was going to move to cash but if you truly can only rebalance once per 30 days I'm not sure I love that as we could very easily bounce of 2750 again and come back up

aggiepaintrain said:

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Regarding my 401k.
Should I move some funds from cash to enter the market?
or transfer more from the market into cash?

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Yes...

JD down near that 25.50 support line...may be a good entry point if it holds

I saw this, but you edited it... Any chance you have the tweet?

The twitter post I saw did not seem credible after scrolling through the account so I deleted it. But Here it is.

could someone tell a noob what the 4 digit number represents, in regards to a "bounce?"

2750
2822

I made a little money this am with TVIX. I sold too soon but better to have at least one winner today instead of the way it was going.

Now with the Dow and S&P slightly recovering, I'm going the other way with SVXY which is an inverse VIX etf. It was down 6.32% today. Hopefully we can get a short term swing going with other way and make some on the backside.

S&P numbers