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Anybody else glad they were not in front of Computer after the big Drop today?

Posted on 3/16/22 at 3:26 pm
Posted by FLObserver
Jacksonville
Member since Nov 2005
14504 posts
Posted on 3/16/22 at 3:26 pm
checking in
was referring to the drop with the Fed at about 2:30. Probably would have sold a few things had i been there.
This post was edited on 3/16/22 at 5:23 pm
Posted by el Gaucho
He/They
Member since Dec 2010
53190 posts
Posted on 3/16/22 at 3:36 pm to
I been keepin my eye on the Whsi baw
Posted by canyon
Member since Dec 2003
18559 posts
Posted on 3/16/22 at 3:44 pm to
Big drop?
Posted by Double Oh
Louisiana
Member since Sep 2008
18125 posts
Posted on 3/16/22 at 3:49 pm to
Dont see no big drop after the close homie
Posted by MrJimBeam
Member since Apr 2009
12412 posts
Posted on 3/16/22 at 3:58 pm to
Today was my highest percent day in a very long time
Posted by DaTruth7
Member since Apr 2020
3811 posts
Posted on 3/16/22 at 4:10 pm to
Same here, I sold at the end of the day because of finally having some nice gains. Didn't want to see them wiped out Thursday/Friday.
This post was edited on 3/16/22 at 4:11 pm
Posted by el Gaucho
He/They
Member since Dec 2010
53190 posts
Posted on 3/16/22 at 4:31 pm to
Wait should I have sold
Posted by DaTruth7
Member since Apr 2020
3811 posts
Posted on 3/16/22 at 5:07 pm to
Who knows right now haha. Just jumped out because I didn't want to see a -400 day tomorrow after finally some nice gains. Fridays have been brutal lately too.
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21057 posts
Posted on 3/16/22 at 5:20 pm to
the market likes "certainty" - ol' Fed Chair gets up there and soothes their souls with his well mannered remarks and everybody just feels better

market go up

what recession?
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21057 posts
Posted on 3/16/22 at 5:21 pm to
I wil tell you this though ... I was watching bonds and bond funds at the time the news was released and they dropped HARD and then recovered all the way into close

Got to be people with all sorts of calls and puts and whatever ... I mean this shite HAS to be priced in at this point. Bet there were some good bond scalps today for those into that kind of thing
Posted by Jag_Warrior
Virginia
Member since May 2015
4140 posts
Posted on 3/16/22 at 6:35 pm to
quote:

Got to be people with all sorts of calls and puts and whatever


Could be. This is expiration Friday for monthlys. The options markets have been wild this year, and they do influence the underlyings
Posted by Barrister
Member since Jul 2012
4641 posts
Posted on 3/16/22 at 8:49 pm to
I went to 90% cash 5 months ago….. just waiting on the bottom
Posted by slackster
Houston
Member since Mar 2009
85332 posts
Posted on 3/16/22 at 9:07 pm to
quote:

I went to 90% cash 5 months ago….. just waiting on the bottom


I don’t believe you.

Same guy that was buying up PLTR and ARKK went to 90% cash in November? Just a tad bit suspect.
Posted by Miethos
A van down by the river
Member since Sep 2021
42 posts
Posted on 3/16/22 at 10:52 pm to
im not touching my stuff until i'm ready to ride off into the sunset lol. Just let it ride or buy more when i see a huge dip, not taking anything out.
Posted by DaTruth7
Member since Apr 2020
3811 posts
Posted on 3/17/22 at 7:31 am to
Money talk tough guy is back. Weren't you telling people to buy Facebook at like 230?
This post was edited on 3/17/22 at 7:33 am
Posted by slackster
Houston
Member since Mar 2009
85332 posts
Posted on 3/17/22 at 8:04 am to
quote:

Money talk tough guy is back. Weren't you telling people to buy Facebook at like 230?


I’ve said it’s undervalued at higher prices than that, but I’m here on good days and bad.

I just laugh at the guys that make up shite on here, or, even worse, the ones that get lucky and mistake it for being right.
Posted by DaTruth7
Member since Apr 2020
3811 posts
Posted on 3/17/22 at 8:21 am to
Great strategy long term. In the current market when I see a 8 to 12% day in a stock I am taking some out.Tired of seeing a weeks gains wiped out in a day. This is just my side play portfolio of course. 401-k is always buying. If you are retired or close to retiring you should be talking to a legit money manager who will work to get the required return you need no matter what the market is doing.

quote:

im not touching my stuff until i'm ready to ride off into the sunset lol. Just let it ride or buy more when i see a huge dip, not taking anything out


This post was edited on 3/17/22 at 8:25 am
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