Dow futures sink nearly 500 points as Putin orders deployment of troops to eastern Ukraine

[markfromj]

Weird, I'm showing futures down 36 points for the DJIA.

Rallied over night.

 

[hawkiniowacity]

I do this for a living, I'm quite aware. Im also quite aware using futures as any sort of gage on market response is simplistic at best.

 

[prlyles]

Cash or shorting the market is a good play here. Could also go I-Bonds. But I would hesitate for anyone to sell right now, especially for long term money, because the market always recovers, always has, always will.

A person who pulls out now will undoubtedly be too late to get back in or get back in after a 3% up day only for the market to pull back 2%, resulting in a net 5% loss. Where if they just hold; they’d be up 1% rather than down 5%. Can make all the difference down the road.

First rule of investing:
Never, ever, let yourself get into a position that you have to sell at a certain time. I expect to see some good buys in the next few weeks.

 

[luvmyhawks]

I do this for a living, I'm quite aware. Im also quite aware using futures as any sort of gage on market response is simplistic at best.

Not really. Futures market overreacts just as much as the open market.

 

[onlyTheObvious]

I will be buying some Apple on the cheap at closing bell.

if the market tanks.

 

[hawkiniowacity]

Not really. Futures market overreacts just as much as the open market.

Just as much? It reacts far more. Futures are quite volatile and easily manipulated

 

[luvmyhawks]

Just as much? It reacts far more. Futures are quite volatile and easily manipulated

Lol. No it doesn’t. Have you already forgot the 5.5% swing in about 2 hours during the trading day about 3 weeks ago?

 

[mnole03]

Indices that hit a 52 week low today:
Russia
No one else