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NYSE invokes rule 48 this morning (Original Post) safeinOhio Sep 2015 OP
Is that like rule 34? AngryAmish Sep 2015 #1
Much less fun... TipTok Sep 2015 #2
Depends. mahatmakanejeeves Sep 2015 #3
I've been through 3 or 4 of these safeinOhio Sep 2015 #5
September and October are terrible months to buy in general GreatGazoo Sep 2015 #4
It's looking like October came early this year jberryhill Sep 2015 #6
Not surprised... 2naSalit Sep 2015 #9
Mark Twain's advice on buying stocks in October: Johnyawl Sep 2015 #11
For a second I thought this was about NCIS and Special Agent Gibbs pinboy3niner Sep 2015 #7
Now that's 2naSalit Sep 2015 #10
well it hasn't gotten to rule 68 yet olddots Sep 2015 #8

mahatmakanejeeves

(57,562 posts)
3. Depends.
Tue Sep 1, 2015, 09:34 AM
Sep 2015

Maybe the stock you buy today will be cheaper tomorrow.

And if I knew the answer to that, would I be sitting in a cubicle as I type this?

Best wishes.

ETA: Full disclosure: over the last few weeks, I have been buying shares. Right now, that looks like a good idea, but who can say what will happen in a month?

safeinOhio

(32,711 posts)
5. I've been through 3 or 4 of these
Tue Sep 1, 2015, 09:45 AM
Sep 2015

and pretty much just sat it out. Every time my stocks have come back and 2X or 3X better in a few years. I did buy a bunch of Ford stock at $1.92 and that one worked out and now even pays a dividend.

Buy low, sell high.

GreatGazoo

(3,937 posts)
4. September and October are terrible months to buy in general
Tue Sep 1, 2015, 09:44 AM
Sep 2015

Last week was a warning shot that should have told us all to get the heck out of the market before the real dip comes.

Likely the market will take a 15%+ dive between now and the end of October and it won't recover until the next election is settled (which could be before Nov 2016 is there is a clear leader -- the market would love some HRC).

The buying opportunities will come later. Today isn't it.

2naSalit

(86,714 posts)
9. Not surprised...
Tue Sep 1, 2015, 11:31 AM
Sep 2015

everything else has come early this year from snow in July to fall foliage in August.

I'm just gonna stay hunkered down and hope my summer job doesn't get truncated early by the temper-tantrum Congress. I don't have the disposable income to play the market anyway.

Johnyawl

(3,205 posts)
11. Mark Twain's advice on buying stocks in October:
Tue Sep 1, 2015, 11:46 AM
Sep 2015

OCTOBER: This is one of the peculiarly dangerous months to speculate in stocks in. The others are July, January, September, April, November, May, March, June, December, August, and February.

pinboy3niner

(53,339 posts)
7. For a second I thought this was about NCIS and Special Agent Gibbs
Tue Sep 1, 2015, 09:55 AM
Sep 2015

Mention Rule 48 and my first thought is Jethro Gibbs.

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