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Dang Boys we tanking on the futures this Morning

Posted on 6/11/20 at 7:54 am
Posted by FLObserver
Jacksonville
Member since Nov 2005
14459 posts
Posted on 6/11/20 at 7:54 am
Looks like it could be a bloody day for the markets.Hope we dont start with the 4 and 5 hundred pont swings daily like we had a few months ago
This post was edited on 6/11/20 at 7:55 am
Posted by Lee Chatelain
I love the OT!
Member since Oct 2008
11343 posts
Posted on 6/11/20 at 7:56 am to
Should I sell......
Posted by CaptainJ47
Gonzales
Member since Nov 2007
7351 posts
Posted on 6/11/20 at 7:58 am to
I am over here trying to find shite to buy. Sold SAVE, CCL, and AAPL yesterday mid day and now will he backing up the truck.
Posted by RedlandsTiger
Greenwell Springs, LA
Member since Jan 2008
2939 posts
Posted on 6/11/20 at 8:01 am to
Barron's had an article that the market was getting 'bubblicious'. Look's like it's time for a correction. LINK
Posted by TigerDeBaiter
Member since Dec 2010
10266 posts
Posted on 6/11/20 at 8:10 am to
Time to go shopping again. Sold out all of my swing positions last Friday and Monday. At the time a felt like I missed some gains, but glad I booked my profits.
Posted by Ramblin Wreck
Member since Aug 2011
3898 posts
Posted on 6/11/20 at 8:11 am to
Ugh....I already spent my allotment the last couple of days. I feel like the guy that buys something on sale and the next day it is marked an additional 25% off.
Posted by Titan
Member since Apr 2008
2471 posts
Posted on 6/11/20 at 8:15 am to
glad I took a shitload of profits on friday last week.
Posted by FLObserver
Jacksonville
Member since Nov 2005
14459 posts
Posted on 6/11/20 at 8:15 am to
I'm holding at the open to see how the day goes but from the looks of it will be a really bad day. I've got a few stocks i need to make a decision on if to hold or sell.
Posted by stewie
Member since Jan 2006
3951 posts
Posted on 6/11/20 at 8:20 am to
Going to do a little shopping today.

With the caveat that what’s purchased will be made with the expectation of holding for a year minimum.
Posted by Breesus
House of the Rising Sun
Member since Jan 2010
66982 posts
Posted on 6/11/20 at 8:34 am to
quote:

CCL


I’m holding it. Bought in around $10. It’ll rebound
Posted by CaptainJ47
Gonzales
Member since Nov 2007
7351 posts
Posted on 6/11/20 at 8:36 am to
I am looking to rebuy CCL. My initial entry was $16 and I wanted to take the profits. It is on my buy list but I want to see what things look like as the market shapes up today before re-entry.
Posted by Civildawg
Member since May 2012
8562 posts
Posted on 6/11/20 at 8:39 am to
So the headlines are over concerns of second wave. Where did this talk come up from? Aren’t cases continuing to go down across the country? Seems like manufactured fear.
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 6/11/20 at 8:45 am to
tried to tell ya but nope I was just downvoted to shreds for speaking pure facts
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 6/11/20 at 8:45 am to
I’ll buy once the DOW drops to 16!!!
Posted by Palmetto08
Member since Sep 2012
4048 posts
Posted on 6/11/20 at 8:46 am to
quote:

Aren’t cases continuing to go down across the country?


Yes

quote:

Seems like manufactured fear


100%
Posted by TigerDeBaiter
Member since Dec 2010
10266 posts
Posted on 6/11/20 at 8:47 am to
Some of the actual articles I have read with headlines of “spiking” are places like Arkansas, where they are up 87%!!! Then you read it’s 87% more than the150 people previously.

I mean, we are going to see more cases for a while, as we test more and get in closer proximity, but so what. It’s not nearly as deadly as previously advertised and the healthcare system is NOT overrun at all. Life will go on.
Posted by cgrand
HAMMOND
Member since Oct 2009
38780 posts
Posted on 6/11/20 at 8:57 am to
quote:

tried to tell ya but nope I was just downvoted to shreds for speaking pure facts

my portfolio is only down 0.64% this morning and trending up
Posted by cgrand
HAMMOND
Member since Oct 2009
38780 posts
Posted on 6/11/20 at 9:01 am to
and...red to green
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 6/11/20 at 9:01 am to
gj dude. but really doubt that. all I see is pure red out there
Posted by CaptainJ47
Gonzales
Member since Nov 2007
7351 posts
Posted on 6/11/20 at 9:02 am to
Phoenix is being hit pretty hard. Banner and HonorHealth are both seeing extensive use of vents. This was to be expected based on model timing. In fact jr is a bit later than initially projected but there wasn’t immunity being built up there yet. It is manufactured fear to an extent but there is some reality. The term second wave is laughable because it is really still our first wave.
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