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coronavirus causes quarantined cruise ship


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23 minutes ago, twangster said:

The DOW is down.  All stocks are taking a hit from this.  The stock market is driven by emotion more so than any other factor.

For me the only emotion is trying to figure out when to buy-in on this dip  ?  The market has been at all-time highs for quite some time now!

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7 hours ago, AshleyDillo said:

For me the only emotion is trying to figure out when to buy-in on this dip  ?  The market has been at all-time highs for quite some time now!

If it’s a company / stock you know well and have confidence in, just buy and then hold for the long term. Don’t worry about timing as long as you plan to hold as least 5 years AND it’s a company you follow and know well. Speaking from experience here, will leave it at that.

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I’m not saying that these corporations aren’t negatively impacted by the CV hysteria.  They certainly are - particularly those with manufacturing alliances with China BUT I also believe that the institutional traders are using this issue to manipulate a market that has been broadly oversold for some time.  I have never been more grateful to have gotten out of the market back in October of last year.

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