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re: So are we buying today?

Posted on 2/24/22 at 8:24 am to
Posted by GREENHEAD22
Member since Nov 2009
19626 posts
Posted on 2/24/22 at 8:24 am to
I am 34 with a huge cash position and am postponing my acreage purchase.

I am lickng my chops.
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41201 posts
Posted on 2/24/22 at 8:24 am to
I'll be watching RSX today. I'll be interested if it gets $15 or below.
Posted by Palomitz
Miami
Member since Oct 2009
2218 posts
Posted on 2/24/22 at 8:34 am to
Could not resist this morning by looking at those prices and bought some more from DOGE & ETH. I will probably buy from AVAX as well.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/24/22 at 8:35 am to
Don’t do that. When the Russians invade, you can leaser them some of that land to build internment camps for the unvaccinated.
Posted by GREENHEAD22
Member since Nov 2009
19626 posts
Posted on 2/24/22 at 8:54 am to
Relax people, I am not locking it up in anything long-term.
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41201 posts
Posted on 2/24/22 at 8:58 am to
Got $1K of RSX today. Will add some more if it goes south from here.
Posted by nolaks
Member since Dec 2013
1137 posts
Posted on 2/24/22 at 9:48 am to
quote:


I am 34 with a huge cash position and am postponing my acreage purchase.


Where were you buying land? How can you be certain it will still be available down the rd
Posted by Auburn1968
NYC
Member since Mar 2019
19715 posts
Posted on 2/24/22 at 9:50 am to
Boeing is looking good today. Haven't seen it below 190 very often.
Posted by skewbs
Member since Apr 2008
2009 posts
Posted on 2/24/22 at 10:52 am to
MMM hasn't been below $140 since May 2020 in the great COVID dump. I'm not seeing specific reasons for the 20% drop the past 30 days (maybe I'm not looking hard enough). It's fallen over 3x more than the indices during that timespan.

If you're looking for a big name value stock this may be it.
Posted by skewbs
Member since Apr 2008
2009 posts
Posted on 2/24/22 at 10:53 am to
quote:

Boeing is looking good today. Haven't seen it below 190 very often.


Agree. I've been buying BA for several years with an average cost of $147. I plan to add more today.
Posted by thegreatboudini
Member since Oct 2008
6461 posts
Posted on 2/24/22 at 11:17 am to
quote:

VTI has been shite since I bought in, sorry.


So you bought in when the market peaked. Cool.

VTI is a long term hold, look at it that way.
Posted by Origins of Asymmetry
Member since Feb 2022
724 posts
Posted on 2/24/22 at 11:22 am to
quote:

Few more VTI coming my way.


I'm buying $100 of VTI every week on autopilot right now
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41201 posts
Posted on 2/24/22 at 11:51 am to
HD below $300 would be nice.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31306 posts
Posted on 2/24/22 at 11:53 am to
CNBC contributors keep saying they expect it to go down further before bottoming.
Posted by Hussss
Living the Dream
Member since Oct 2016
6744 posts
Posted on 2/24/22 at 12:12 pm to
quote:

CNBC contributors keep saying they expect it to go down further before bottoming.


And you can always count on doing the opposite of what their consensus is in order to generate alpha.
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41201 posts
Posted on 2/24/22 at 1:01 pm to
quote:

And you can always count on doing the opposite of what their consensus is in order to generate alpha.



They've been bulls up until the last week or two. None of them predicted a pullback this much.
Posted by Hussss
Living the Dream
Member since Oct 2016
6744 posts
Posted on 2/24/22 at 1:12 pm to
There are only a handful of them on CNBC that tell the truth.

My 3 favorites:

Art Cashin
Rick Santelli
Guy Adami
Posted by TDTOM
Member since Jan 2021
14833 posts
Posted on 2/24/22 at 1:19 pm to
quote:

Art Cashin


OG
Posted by Hussss
Living the Dream
Member since Oct 2016
6744 posts
Posted on 2/24/22 at 1:29 pm to
CNBC is trying to scare the crap out of everyone.

What they fail to mention is that with the US getting involved, we have a blank check to get the perpetual debt machine revved up.
Posted by el Gaucho
He/They
Member since Dec 2010
53120 posts
Posted on 2/24/22 at 1:33 pm to
Hussss I bought irnt and it’s up 40


Probably shoulda just yolod

Also looks like your sens stock is reversing
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