The S&P has topped

The S&P has topped

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Yep good old Cramer is saying don't overreact......never ever overreact in the stock market....he said imagine selling Amazon during Clinton's impeachment!!!!

And then came the dot com bubble and collapse then came the housing bubble and collapse and the financial crisis and the job market crisis etc....once again let's thank the fed for propping up the markets and giving Amazon the benefit of the doubt for rising 1900% since the Clinton impeachment talks....which we all know is always TALK and no action....


Cramer: Don't overreact to Trump crises — imagine if you sold Amazon during Clinton's impeachment
  • Investors should think twice about selling Amazon on fears surrounding Donald Trump's presidency, Jim Cramer says.
  • "There's always something," he says.
  • Amazon has soared more than 1,900 percent since President Bill Clinton's impeachment.
Berkeley Lovelace Jr. | @BerkeleyJr
22 Mins Ago
 
S2007S said:
Yep good old Cramer is saying don't overreact......never ever overreact in the stock market....he said imagine selling Amazon during Clinton's impeachment!!!!

And then came the dot com bubble and collapse then came the housing bubble and collapse and the financial crisis and the job market crisis etc....once again let's thank the fed for propping up the markets and giving Amazon the benefit of the doubt for rising 1900% since the Clinton impeachment talks....which we all know is always TALK and no action....


Cramer: Don't overreact to Trump crises — imagine if you sold Amazon during Clinton's impeachment
  • Investors should think twice about selling Amazon on fears surrounding Donald Trump's presidency, Jim Cramer says.
  • "There's always something," he says.
  • Amazon has soared more than 1,900 percent since President Bill Clinton's impeachment.
Berkeley Lovelace Jr. | @BerkeleyJr
22 Mins Ago
More...

I am short...where do I place my stop?
 
Even with a nearly 300 point sell off it doesn't seem like much with the Dow still above 20000

We need a real sell off, something like a few thousand points in a month....I know too many new investors in this market over the last year that have never been through a bear market ever in their lifetimes.... Hopefully soon these new investors can get a taste of what a bear market is really like ....
 
Yet more analysts coming out saying not too worry. The markets could sell off 23% in 3 weeks and analysts would still say not to worry...in a matter of fact not one analyst would ever say it's time to worry because they get paid big bucks to tell everyone to remain calm

:D:D:D:D:D:D:D:D


No one should be freaking out about the stock market slide, analysts say
  • The major U.S. averages fell more than 1 percent intraday Wednesday.
  • Traders worried the latest political controversy meant the Trump administration wouldn't be able to follow through on proposed pro-growth policies such as tax reform.
  • Technical analysts generally saw the decline as a shallow pullback.
Most analysts who look at stocks just by the numbers don't see a major sell-off ahead.

In fact, those technical analysts expect a shallow pullback at best, even as stocks dropped Wednesday on worries about whether the Trump administration could push its pro-growth agenda through Congress.

"Initial support for the (S&P 500) is near 2,340, but we think a decline of that magnitude will be avoided," Katie Stockton, chief technical strategist at BTIG, said in a morning note. She expects the pullback will set the stage for buyers to come back in and send the index above 2,402, a level of resistance.


http://www.cnbc.com/2017/05/17/heres-how-far-the-market-could-drop-in-a-pullback-analysts-say.html
 
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