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Anyone got whiplash?

Posted on 10/13/22 at 11:02 am
Posted by SlidellCajun
Slidell la
Member since May 2019
16055 posts
Posted on 10/13/22 at 11:02 am
Stocks opened this morning with massive sell off

S&P was down 2% at the open and is now up 2%! That is a huge swing.
Same for the Nasdaq.

I’m not much of a trader but it’s got to be tough trading in this market
This post was edited on 10/13/22 at 12:32 pm
Posted by notiger1997
Metairie
Member since May 2009
61330 posts
Posted on 10/13/22 at 11:07 am to
Makes me glad I’m not one of the super smart day traders on here that we always see pounding their chest. LOL

So what the hell happened?
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40326 posts
Posted on 10/13/22 at 11:43 am to
quote:

now up 4%


Not quite lol
Posted by SlidellCajun
Slidell la
Member since May 2019
16055 posts
Posted on 10/13/22 at 12:32 pm to
Correction
Up 2% for a 4% swing
Posted by FLObserver
Jacksonville
Member since Nov 2005
15852 posts
Posted on 10/13/22 at 12:48 pm to
Opened a position in SHW this morning. Plan on holding for the long term but i caught the bottom . This day trading is easy
Posted by Shepherd88
Member since Dec 2013
4891 posts
Posted on 10/13/22 at 12:49 pm to
They had us in the first half, not gonna lie.
Posted by SalE
At the beach
Member since Jan 2020
2940 posts
Posted on 10/13/22 at 12:51 pm to
I hope that none of you panic sold..
Posted by SalE
At the beach
Member since Jan 2020
2940 posts
Posted on 10/13/22 at 12:52 pm to
I held and then added...so there's that..
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
43977 posts
Posted on 10/13/22 at 1:14 pm to
These types of swings have to make you nervous right? These aren't normal market swings.
Posted by RedHawk
Baton Rouge
Member since Aug 2007
9541 posts
Posted on 10/13/22 at 1:20 pm to
Checked this morning and the DOW was down 600 points and now it is up 800 points. That is complete insanity.
Posted by SalE
At the beach
Member since Jan 2020
2940 posts
Posted on 10/13/22 at 1:22 pm to
The AI machines at work + squeezing the shorts..
Posted by Decatur
Member since Mar 2007
31776 posts
Posted on 1/16/23 at 4:25 pm to
Curious if anyone now thinks this was tBottom.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15852 posts
Posted on 1/17/23 at 7:41 am to
I think we may test this low again come summer or fall but nowhere near the doom and gloom that a lot to like to spread on this board. I havent been buying much lately because of the run up but expect there will be some nice dips over the next year.
Posted by Hussss
Helena, AL
Member since Oct 2016
7777 posts
Posted on 1/17/23 at 11:49 am to
quote:

Curious if anyone now thinks this was tBottom.


If we were playing Jeopardy the answer would be:

“What do most think during a strong Wave 2 UP counter trend rally in a bear market.”

ETA: When we have had One of the most inverted yield curves in history it tells us exactly what comes next. The question is WHEN? Usually comes about 18 months after initial inversion.

February, March, April, May???
This post was edited on 1/17/23 at 12:01 pm
Posted by MrSpock
Member since Sep 2015
5072 posts
Posted on 1/17/23 at 11:55 am to
quote:

Makes me glad I’m not one of the super smart day traders on here that we always see pounding their chest. LOL


Sometimes the best trade is no trade. Good traders don't trade the chop. Good way to lose your arse.
Posted by MrSpock
Member since Sep 2015
5072 posts
Posted on 1/17/23 at 12:06 pm to
quote:

These types of swings have to make you nervous right? These aren't normal market swings.


MM probably fricking both sides before a big move.
Posted by Hussss
Helena, AL
Member since Oct 2016
7777 posts
Posted on 1/17/23 at 2:35 pm to
quote:

MM probably fricking both sides before a big move.


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