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Cash Gang Check-in Thread

Posted on 11/4/20 at 11:47 am
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35280 posts
Posted on 11/4/20 at 11:47 am
So who went cash prior to the election and when are you getting back in?

Market is up 6.2% since last Wednesday
Posted by MaleB
NC
Member since Jul 2016
248 posts
Posted on 11/4/20 at 11:49 am to
Those that did-screwed up
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3072 posts
Posted on 11/4/20 at 12:25 pm to
quote:

Those that did-screwed up


Unless they got back in on Friday.
Posted by skewbs
Member since Apr 2008
2000 posts
Posted on 11/4/20 at 12:38 pm to
“Cash Gang” LOL! That’s good stuff.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35280 posts
Posted on 11/4/20 at 12:45 pm to
quote:

Unless they got back in on Friday.


I guess but those saying they were going cash stated they weren't getting back in until after the election
Posted by DawgCountry
Great State of GA
Member since Sep 2012
30538 posts
Posted on 11/4/20 at 1:12 pm to
quote:

Unless they got back in on Friday.


they didnt
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3072 posts
Posted on 11/4/20 at 1:34 pm to
quote:

they didnt


Sucks for them
Posted by Sterling Archer
Austin
Member since Aug 2012
7284 posts
Posted on 11/5/20 at 9:23 am to
quote:

Sucks for them



Aaaaand continues sucking for them today
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35280 posts
Posted on 11/5/20 at 10:01 am to
Update: Market up 7.6% since last Wednesday
Posted by Weagle25
THE Football State.
Member since Oct 2011
46174 posts
Posted on 11/5/20 at 11:49 am to
I love the “yeah I know never try to time the market BUT THIS is a special circumstance” crowd
Posted by Diamondawg
Mississippi
Member since Oct 2006
32194 posts
Posted on 11/6/20 at 5:48 pm to
quote:

So who went cash prior to the election and when are you getting back in?

Did you calculate capital gains on the sell?
Posted by FLObserver
Jacksonville
Member since Nov 2005
14437 posts
Posted on 11/7/20 at 3:58 am to
Well i guess im in the No-Cash gang. I'm about out of cash after the last week of buying
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35280 posts
Posted on 11/7/20 at 8:59 am to
quote:

Did you calculate capital gains on the sell?



I didn't sell but there were plenty of "experts" on this board that told us they were converting their entire 401ks into cash the week or two prior to the election. I'm wondering how those people are doing right now.
Posted by frogtown
Member since Aug 2017
4987 posts
Posted on 11/7/20 at 12:49 pm to
quote:

So who went cash prior to the election and when are you getting back in?

Market is up 6.2% since last Wednesday




The market is/was going up because the markets have priced in gridlock with the Republicans holding the Senate.

That is now in jeopardy as there is going to be a runoff for both Senate seats in Georgia. If the Dems win we will have a 50/50 Senate.

If the Dems win those two seats and the market continues to go up then you can chime in and tell us how smart you are.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35280 posts
Posted on 11/7/20 at 1:04 pm to
quote:

That is now in jeopardy as there is going to be a runoff for both Senate seats in Georgia. If the Dems win we will have a 50/50 Senate.



We've know about the potential runoff since Thursday.

Market up Thursday, flat yesterday and futures are up right now.

Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35280 posts
Posted on 11/9/20 at 8:58 am to
Update: Market is now at an all time high and is up 10.6% since the week before the election.
This post was edited on 11/9/20 at 9:03 am
Posted by Sterling Archer
Austin
Member since Aug 2012
7284 posts
Posted on 11/9/20 at 9:08 am to
quote:

Update: Market is now at an all time high and is up 10.6% since the week before the election.



Posted by castorinho
13623 posts
Member since Nov 2010
82010 posts
Posted on 11/9/20 at 9:59 am to
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 11/9/20 at 10:21 am to
YEET
E
E
T
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35280 posts
Posted on 11/24/20 at 10:48 am to
Update:

21 days post election we are at a new ALL TIME HIGH.

The market has risen 12.05% since the Wednesday prior to the election
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