So, gotta ask the obvious.......

[Brian Van Horn]

With a market correction in full bloom, anybody putting the brakes on their collecting?

[Leon]

Flesh wound. The rebound will happen as it always does. Short term could hurt prices a little as discretionery income is less but long term, no issues from this. That's my half cent.

Originally Posted by Brian Van Horn

With a market correction in full bloom, anybody putting the brakes on their collecting?

[grainsley]

Might hold off a bit if I was dealing in high-end items........but I'm a nickel and dimer, so status quo for me..........as Leon mentioned, it's just a bump in the road in the economy.......the big players are circling right now and getting ready to buy.....

[ErikV]

Yes and no. I'm in the middle of making a large card purchase. My strategy is
not to buy any more cards until I pay this purchase off. I suppose in my case
the stock market doesn't really have a bearing on my collecting/purchasing habits.

ErikV

[Sean1125]

"The market is good so cards must be good"
"The market is bad so cards must be bad"

These are both awful assumptions to make.

[ullmandds]

Kudos to Leon on the timing of your sale...it is a great time to be flush with cash to invest in the market!!!!

[Leon]

but I was never very good in math...

ps, the blind squirrel theory is also a good one.....

Originally Posted by ullmandds

Kudos to Leon on the timing of your sale...it is a great time to be flush with cash to invest in the market!!!!

[packs]

If I were tied up in stocks you'd catch me in the center of town. But I am a free man so I do as I please.

[bcornell]

Originally Posted by Brian Van Horn

With a market correction in full bloom, anybody putting the brakes on their collecting?

I truly hope that no one is making decisions about their collecting based on the results of 2 ugly days on the market. Please.

Bill

[Brian Van Horn]

Originally Posted by bcornell

I truly hope that no one is making decisions about their collecting based on the results of 2 ugly days on the market. Please.

Bill

Bill,

Make that three with a fourth probable for Tuesday. Just checked the Asian markets. Ugly.

[JustinD]

Ebay has been awesome for 2 days, honestly I am holding hope the panic stays on for another 24 hours so I can pick up another off my want list tomorrow night at another bargain.

The market is always cyclical, it will rebound.

I remember Black Monday 87'. Everyone in a sheer panic and my best friend's father pulls a 75k HELOC on his home and puts it all in blue chips.

In the early nineties his portfolio hit 6 mil. Make that on safe hedges in a handful of years.

The smart ones make a mint on the lemmings.

Hold what you got and buy what you couldn't afford before.

[begsu1013]

Originally Posted by JustinD

The smart ones make a mint on the lemmings.

100%. ^ fins up!

of course, we aren't all "intelligent" collectors per the Almighty.

[Peter_Spaeth]

Originally Posted by Brian Van Horn

Bill,

Make that three with a fourth probable for Tuesday. Just checked the Asian markets. Ugly.

As of 7:00 a.m. ET, Dow Jones Industrial Average futures were 525 points higher, or 3.32%. S&P 500 futures gained 61 points, or 3.30% to 1923, while Nasdaq 100 futures jumped 162 points, or 4.05% to 4165.

[Brian Van Horn]

Originally Posted by Peter_Spaeth

As of 7:00 a.m. ET, Dow Jones Industrial Average futures were 525 points higher, or 3.32%. S&P 500 futures gained 61 points, or 3.30% to 1923, while Nasdaq 100 futures jumped 162 points, or 4.05% to 4165.

I am not afraid to apologize and admit I'm full of it. Having fun watching the market or as I call it, encapsulated insanity.

[The Nasty Nati]

Best time to buy is when baseball is in the off-season.

[chernieto]

Originally Posted by Peter_Spaeth

As of 7:00 a.m. ET, Dow Jones Industrial Average futures were 525 points higher, or 3.32%. S&P 500 futures gained 61 points, or 3.30% to 1923, while Nasdaq 100 futures jumped 162 points, or 4.05% to 4165.

Easy come easy go