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re: What’s up with the stock market lately?
Posted on 1/19/22 at 9:10 pm to Boss13
Posted on 1/19/22 at 9:10 pm to Boss13
quote:
Chances are, tomorrow is the start of a bounce to all time highs before a real correction in the next 4-6 weeks.
So you're saying the S&P is going to randomly jump 6% tomorrow? Do you steal copper wire to support your crack habit because you clearly don't fund it with trading acumen.
Posted on 1/19/22 at 9:22 pm to Mootsman
I see things getting really rough and soon due to interest rate raises coming. I personally think you will see an additional 20% or more drop within next 2 mos.
On the bright side, this is why you always have cash, because it is and will get better IRT buying opportunities.
I'm not retiring within the next 10 years, so the more the market gets hammered now the better off I will be in the long run.
I just shifted my input into my 401K into high gear.
On the bright side, this is why you always have cash, because it is and will get better IRT buying opportunities.
I'm not retiring within the next 10 years, so the more the market gets hammered now the better off I will be in the long run.
I just shifted my input into my 401K into high gear.
Posted on 1/19/22 at 10:33 pm to Boss13
quote:
Chances are, tomorrow is the start of a bounce to all time highs before a real correction in the next 4-6 weeks.
I love this shite. Whether it's here, or Reddit, or Twitter or wherever there's always people saying that we are going to both skyrocket to all time highs and then immediately plummet sometime within the next 2 months.
Is it a meme or something? I've seen hundreds of posts exactly like this across social media. "I think we see 10% gains within the next couple weeks but shortly after that we will drill 20%"
Conversely you can find tons of posts saying the opposite. "I predict the market tumbles another 3-4% then we rocket past the previous ATH with ease by middle of next week"
Like why lol
This post was edited on 1/19/22 at 10:43 pm
Posted on 1/19/22 at 10:35 pm to oneg8rh8r
quote:
On the bright side, this is why you always have cash
How long have you been sitting on that cash?
Posted on 1/19/22 at 10:57 pm to oneg8rh8r
quote:
On the bright side, this is why you always have cash
only lost 7% on that last year, well done man
Posted on 1/19/22 at 11:57 pm to JohnnyKilroy
quote:
I love this shite. Whether it's here, or Reddit, or Twitter or wherever there's always people saying that we are going to both skyrocket to all time highs and then immediately plummet sometime within the next 2 months.
Been reading the board since 2008, and not a single time has anyone got it right.
Posted on 1/20/22 at 5:54 am to GeneralLee
10 year is really high too
Posted on 1/20/22 at 5:58 am to JohnnyKilroy
Those Reddit Crowd have no clue what they are doing. They are just giving their money to people much smarter than they are that have been in the game longer than they have been alive
This post was edited on 1/20/22 at 5:59 am
Posted on 1/20/22 at 6:30 am to Double Oh
quote:
What’s up with the stock market lately?
Sometimes it goes up. Sometimes it goes down.
quote:
Did I miss something?
Apparently the first day of Econ 101
Posted on 1/20/22 at 7:53 am to GeneralLee
quote:
Indices are probably gonna drop 15-20% by June.
This has already happened with small cap pretty much since November
Posted on 1/20/22 at 8:05 am to Double Oh
Wait until folks can get a good rate with CDs.
It’s coming
It’s coming
Posted on 1/20/22 at 8:08 am to Mootsman
quote:
So you're saying the S&P is going to randomly jump 6% tomorrow? Do you steal copper wire to support your crack habit because you clearly don't fund it with trading acumen.
quote:
... tomorrow is the start of a bounce...
You can say I'm wrong or that my opinion is stupid, but don't misquote me.
Posted on 1/20/22 at 8:17 am to JohnnyKilroy
quote:
I love this shite. Whether it's here, or Reddit, or Twitter or wherever there's always people saying that we are going to both skyrocket to all time highs and then immediately plummet sometime within the next 2 months.
Is it a meme or something? I've seen hundreds of posts exactly like this across social media. "I think we see 10% gains within the next couple weeks but shortly after that we will drill 20%"
Conversely you can find tons of posts saying the opposite. "I predict the market tumbles another 3-4% then we rocket past the previous ATH with ease by middle of next week"
Like why lol
I'm basing my opinion on the price of the treasury yields and junk bond prices as well as earnings season at the end of the month capped off with the fed meeting on the 24th or 25th. The market is over reacting right now to things that haven't even been decided on.
Alot of people are expecting a correction because there aren't many options to get inflation under control absent raising the interest rates, which may have to happen at a faster than expected pace due to the inflation we are seeing.
I may be wrong, if I could predict the market I'd be a billionair. I can't, and that's why I only touch about 5% of my portfolio.
Posted on 1/20/22 at 8:37 am to GeneralLee
But where is this money going? Definitely not in cash savings...
Posted on 1/20/22 at 8:50 am to lynxcat
quote:
I’ll keep DCAing regardless of the market. If we see bear market territory then I’ll buy up in some bigger slugs. It’ll be painful on the way down but it won’t change anything in the process.
This guy gets it
Posted on 1/20/22 at 9:35 am to Boss13
quote:
... tomorrow is the start of a bounce...
Looking good so far but that dam 3 pm to 4pm can change that real quick
Posted on 1/20/22 at 11:35 am to TDsngumbo
quote:
If you’re under 40, load up!
This is actually good advice.
If it doesn't recover in the next 25 years you're screwed anyway.
Posted on 1/20/22 at 1:48 pm to TDTOM
So fricking random...we're up 460 points bouncing of a huge selloff, but then for no apparent reason the market starts to give back most of those gains.
Posted on 1/20/22 at 2:04 pm to Chucktown_Badger
That’s because the next generation is too busy buying craft beer, tattoos, and concert tickets.
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