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re: Stock market just fell off a cliff... -1,193.70

Posted on 2/27/20 at 3:13 pm to
Posted by TBoy
Kalamazoo
Member since Dec 2007
23917 posts
Posted on 2/27/20 at 3:13 pm to
quote:

Get out while you can.


I'm glad I don't pay you for investment advice.
Posted by Henry Jones Jr
Member since Jun 2011
68673 posts
Posted on 2/27/20 at 3:15 pm to
quote:

Why? Those who are older can't handle the losses.

If they couldn't handle the losses now then they should have been out way before this. You're in it now. Your best bet is to try and wait it out instead of losing your arse. This will blow over like it always does.
Unless you are 70 years old and are retiring next month, wait it out
Posted by moneyg
Member since Jun 2006
56857 posts
Posted on 2/27/20 at 3:15 pm to
How much money are you taking out of the market?

Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
21341 posts
Posted on 2/27/20 at 3:16 pm to
It seems like the market goes up and down through time.

Selling low and buying high does not seem like sound advice though

Posted by Bokke
Salt Lake City, UT
Member since Nov 2014
771 posts
Posted on 2/27/20 at 3:16 pm to
quote:

It is going to drop more before it rebounds. Wait to buy.


How long should we wait?
Posted by The Boat
Member since Oct 2008
164490 posts
Posted on 2/27/20 at 3:17 pm to
quote:

Why? Those who are older can't handle the losses.

Those who are older didn’t get in recently so these loses are only knocking them back to where they were a few months ago. Which was a good place.
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
27901 posts
Posted on 2/27/20 at 3:17 pm to
Who is getting hammered the most?
Posted by Henry Jones Jr
Member since Jun 2011
68673 posts
Posted on 2/27/20 at 3:17 pm to
quote:

How long should we wait?
Talk to an actual financial advisor. Not some jackass named Jim from work who day trades and acts like he knows what he's talking about
Posted by Vacherie Saint
Member since Aug 2015
39633 posts
Posted on 2/27/20 at 3:20 pm to
I don't know, but liberals sure seem happy right now.
Posted by Picayuner
Member since Dec 2016
3496 posts
Posted on 2/27/20 at 3:21 pm to
We'll find out exactly who has all their manufacturing in China. It's not the economy stupid, it's the Chinese supply chain stupid. This is ALL on Congress and their corruption and selling off to corporations. We need to bring manufacturing back to the USA and the hell with China.
Posted by Walkthedawg
Dawg Pound
Member since Oct 2012
11466 posts
Posted on 2/27/20 at 3:23 pm to
Anybody have any guesses where Tesla might bottom out?
Posted by IrishTiger89
Member since May 2017
1492 posts
Posted on 2/27/20 at 3:25 pm to
Trump seriously needs to stop using the stock market to legitimize his economic agenda
Posted by deltaland
Member since Mar 2011
91038 posts
Posted on 2/27/20 at 3:25 pm to
I fear all of the gains under Trump are about to be wiped out, and the ads run by whoever gets the Dem nomination will hammer it
Posted by IrishTiger89
Member since May 2017
1492 posts
Posted on 2/27/20 at 3:26 pm to
You can ask this question about almost all of tech & manufacturing
Posted by TGFN57
Telluride
Member since Jan 2010
6975 posts
Posted on 2/27/20 at 3:27 pm to
Did anyone seriously not expect a large correction? Here it is.
Posted by IrishTiger89
Member since May 2017
1492 posts
Posted on 2/27/20 at 3:27 pm to
I don’t think the POTUS did
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 2/27/20 at 3:28 pm to
quote:

-1,193.70


Holy shite, fricker tanked hard after my last look in around 2:30. O&G screaming down too and E&P equities getting what was left of their nuts, crushed into dust.
This post was edited on 2/27/20 at 3:32 pm
Posted by Redleg Guy
Member since Nov 2012
2536 posts
Posted on 2/27/20 at 3:28 pm to
quote:

Trump seriously needs to stop using the stock market to legitimize his economic agenda

I think that is about to happen
Posted by moneyg
Member since Jun 2006
56857 posts
Posted on 2/27/20 at 3:28 pm to
quote:

I fear all of the gains under Trump are about to be wiped out, and the ads run by whoever gets the Dem nomination will hammer it



I've noticed that you fear a lot of things.

Posted by LSURussian
Member since Feb 2005
127005 posts
Posted on 2/27/20 at 3:29 pm to
quote:

the QE since last October through repo market
You don't know what "QE" means. Using the repo market is the exact opposite of QE operations.

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