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re: 3/12 pre market thread - Futures trading HALTED for 2nd time this week.
Posted on 3/11/20 at 9:13 pm to fallguy_1978
Posted on 3/11/20 at 9:13 pm to fallguy_1978
The real question is do we 10+% gains per day later this year when all this BS settles down.
4
Posted on 3/11/20 at 9:16 pm to Janky
quote:
The markets were not a fan of the speech and Nor was I.
I, on the other hand, and a MASSIVE fan of it.
-the markets were already in a down turn due to the virus. Trump could have jumped up and down and said"See I'm buying stocks with all my money" and it would have done nothing to stave off the markets. BUT HEY! SOME PEOPLE have the need to complain and blame.
-The USA economy is strong. Once this is over, and we NOW HAVE A DEADLINE, the markets will rebound.
-Stocks and funds are long term. Buying low and holding is the thing to do right now.
SO.. HUGE fan am I
Posted on 3/11/20 at 9:16 pm to lynxcat
President just tweeted that the Euro restriction is for people only.. not goods.
Posted on 3/11/20 at 9:20 pm to lynxcat
I doubt it.
Travel sector is in trouble.
Retail and fashion manufacturing supply chains are disrupted.
Oil price war where everyone will bleed shale out first.
You already had a bit of a global slowdown going on.
This market drop is far from only about the corona virus. the corona virus is defintely making it worse though.
Travel sector is in trouble.
Retail and fashion manufacturing supply chains are disrupted.
Oil price war where everyone will bleed shale out first.
You already had a bit of a global slowdown going on.
This market drop is far from only about the corona virus. the corona virus is defintely making it worse though.
Posted on 3/11/20 at 9:20 pm to lynxcat
quote:
The real question is do we 10+% gains per day later this year when all this BS settles down.
I've read they expect the virus stuff to be over by May or so. Who knows with energy.
I'd be comfortable buying many of these companies at these levels if my time frame was a year or longer though.
This post was edited on 3/11/20 at 9:21 pm
Posted on 3/11/20 at 9:21 pm to lynxcat
Definitely opening with the circuit breaker in the morning.
Posted on 3/11/20 at 9:21 pm to southernelite
Really cool that I forgot to cancel my auto investment today when premarket is down almost 5% again
This post was edited on 3/11/20 at 9:26 pm
Posted on 3/11/20 at 9:24 pm to GenesChin
I have CCL, LYV, and TSLA puts and some SQQQ calls. It’s an odd feeling to be making money off of the down moves.
Posted on 3/11/20 at 9:25 pm to Mr Perfect
quote:
told ya dude. do not buy for a month.. not a damn soul believed me
I didn't when I purchased on a down day 4000 shares of HAL and then made 4K by the end of the day. Purchased at $7.76, sold at $8.70.
Posted on 3/11/20 at 9:26 pm to fallguy_1978
quote:
2008-2009 was far more scary than this.
Dam broker lost my arse for the second time then.
After that, I took control of my monies. Yep, shite hit the fan after watching Trump.
Posted on 3/11/20 at 9:27 pm to Jjdoc
I don't believe anything you say dude
remember when you told everyone to buy McDermott and they went bankrupt?
do you dude? do you need a memory refresher?
stop misleading everyone
remember when you told everyone to buy McDermott and they went bankrupt?
do you dude? do you need a memory refresher?
stop misleading everyone
This post was edited on 3/11/20 at 9:28 pm
Posted on 3/11/20 at 9:27 pm to Mr Perfect
quote:
I observed everyone saying to buy buy buy on Monday
what do we learn about that?
To make 4K??
Not being a smart arse, but who made you market king? People make money everyday in a bull market and in a bear market.
Posted on 3/11/20 at 9:28 pm to Jjdoc
quote:
who made you market king?
not claiming that dude. but it was pretty obvious this was going to get real bad and not a damn soul believed me.
Posted on 3/11/20 at 9:29 pm to JayDeerTay84
Jay.. don't listen. If you are investing long term, and you do your research, EVEN IF YOU DON'T BUY THE EXACT BOTTOM, the market will bounce back and has for a century
Posted on 3/11/20 at 9:31 pm to Jjdoc
Agree, the snap back when we get the first news story about an antiviral that works well for covid will be the biggest gain in every index's history.
Book it
Book it
Posted on 3/11/20 at 9:36 pm to Mr Perfect
quote:
I don't believe anything you say dude
I don't give a DAMN what you think DUDE.
quote:
remember when you told everyone to buy McDermott and they went bankrupt?
I never told a SOUL to buy MDR. I stated I WAS and posted MY trades CLEARLY stating it was part of my HIGH RISK money I allocate... WHICH BTW, I made money on. Anybody can go look at my threads and see my entries and exits on it. I purchased, and as soon as it went up, I pulled my money out of it (clearly stated in the thread) and put a 25% stop loss on my profits.
quote:
stop misleading everyone
You are the the one lying here.
You are the one freaking out over a market that goes up and down.
Posted on 3/11/20 at 9:38 pm to Jjdoc
nope my money is Gucci right now. you're the one freaking out. not fooling anyone
Posted on 3/11/20 at 9:43 pm to bayoubengals88
Futures trying to bounce now...right on que but no clue if it holds.
Posted on 3/11/20 at 9:45 pm to southernelite
quote:
have CCL, LYV, and TSLA puts and some SQQQ calls.
SQQQ is some nasty stuff. I dabbled in it earlier this week...can't stay there long.
Posted on 3/11/20 at 9:45 pm to Mr Perfect
quote:
not claiming that dude.
But DUDE, BRO.. you are acting like it. You TOLD EVERYBODY! And damn it!! Not a soul would listen to you....
Dude.
Again. People make money in the market in every situation. If you don't know how to do that, then stay out of it. If you are a long term investor, then you know FULL well what 10 years will do with the opportunity we have right now.
Let me give you an example of real life. USA dropped from the 9 range to the 2 range. People went nuts and thought the end was near. Depression...etc. 10 year later and a nice divi that grew from .10 to .18.
And I can name many more. But hey.. you do you. If you don't want to invest, don't.
But I assure you, I will be throwing everything I can at my important dividends and beat down stocks, walk away from the computer, enjoy my wife and kids knowing that THIS TOO shall pass and I made a ton over the next 10 years.
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