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Started By
Message
DOW down 1500 points.... BUY BUY BUY
Posted on 6/11/20 at 11:46 am
Posted on 6/11/20 at 11:46 am
Time to pick up some more discounts. Whatcha buying?
15
Posted on 6/11/20 at 11:47 am to big_tuna
A drink...
Posted on 6/11/20 at 11:48 am to big_tuna
Snagged a few XOM
Posted on 6/11/20 at 11:50 am to big_tuna
Of only everything wasn't already tied up.in the red shite
Posted on 6/11/20 at 11:50 am to big_tuna
fricking investors reading misleading headlines again.
Oh no, arizona seeing a spike in covid19. That must mean we will all lockdown again! sell sell sell!
it is so damn annoying.
Oh no, arizona seeing a spike in covid19. That must mean we will all lockdown again! sell sell sell!
it is so damn annoying.
Posted on 6/11/20 at 11:54 am to HailHailtoMichigan!
You have no idea why the markets are selling off
Posted on 6/11/20 at 11:58 am to wutangfinancial
It is 100% due to the second wave bs narrative we are starting to see.
and it angers me because investors should know better than to blindly trust headlines without investigating further.
and it angers me because investors should know better than to blindly trust headlines without investigating further.
Posted on 6/11/20 at 11:59 am to HailHailtoMichigan!
Perception = Reality
If recent events haven't shown you this, I don't know what else will. I'm not suggesting it's a GOOD thing, by the way, just saying it is.
If recent events haven't shown you this, I don't know what else will. I'm not suggesting it's a GOOD thing, by the way, just saying it is.
Posted on 6/11/20 at 12:02 pm to HailHailtoMichigan!
It is 100% not because of a news headline on CNN 
Do you know how thin the futures market is trading? These are probably dealers shaking out call buying or rebalancing Delta or Gamma exposure in some direction.
Do you know how thin the futures market is trading? These are probably dealers shaking out call buying or rebalancing Delta or Gamma exposure in some direction.
Posted on 6/11/20 at 12:03 pm to big_tuna
Nothing right now. Just watching the volume and price action on DJIA and SPX. Every recovery move has been countered by heavier selling pressure. Buyers are still getting punished. That's been going on since the Dow made it back to down 600. Didn't last long. It's stairstepped down ever since.
I'll be anxious to see how things look going into the close. NFLX and AMZN caught my attention earlier. Both had been showing decent strength (especially NFLX). But they've now given up the ghost too.
Just recovered back to DJIA -1442 / SPX -140 as I type this. Let's see what happens.
I'll be anxious to see how things look going into the close. NFLX and AMZN caught my attention earlier. Both had been showing decent strength (especially NFLX). But they've now given up the ghost too.
Just recovered back to DJIA -1442 / SPX -140 as I type this. Let's see what happens.
Posted on 6/11/20 at 12:12 pm to stewie
quote:
A drink...
Make mine a double.
I think I'm getting a splinter from sitting on the fence. Took profit early this week, but was half back in today. Ouch.
Posted on 6/11/20 at 12:14 pm to HailHailtoMichigan!
quote:
fricking investors reading misleading headlines again.
The herd of hungry sheep are on the move. The shears await.
Hey, this casino doesn't serve free drinks!
This post was edited on 6/11/20 at 12:17 pm
Posted on 6/11/20 at 12:21 pm to big_tuna
Whew wee
Posted on 6/11/20 at 12:25 pm to HailHailtoMichigan!
quote:
fricking investors reading misleading headlines again.
Oh no, arizona seeing a spike in covid19. That must mean we will all lockdown again! sell sell sell!
it is so damn annoying.
if you actually believe that is why the market is selling off, there is no hope for you. some of us warned of this... hmm
Posted on 6/11/20 at 12:25 pm to wutangfinancial
quote:
It is 100% not because of a news headline on CNN
hailhail is the guy that panic sells at the bottom after getting wrecked for 3 days straight
Posted on 6/11/20 at 12:27 pm to big_tuna
I liquidated my positions about 1pm est before the Fed meeting yesterday. Figured the recent run up was a temporary pump and I may as well capture the gains while I had them.
This post was edited on 6/11/20 at 12:35 pm
Posted on 6/11/20 at 12:28 pm to rocket31
The Covid news is indeed part of the blame for today. The market hates uncertainty
Posted on 6/11/20 at 12:29 pm to HailToTheChiz
Made 7 grand Monday, lost it today. Gotta laugh, can't get mad at something like that. Nothing any of us could do.
Oooh, 2nd wave of corona, breaking news. News channels done with the riots now magnifying something that everyone already knew.
Just me, I am going to wait til tomorrow before closing to buy for monday.
Oooh, 2nd wave of corona, breaking news. News channels done with the riots now magnifying something that everyone already knew.
Just me, I am going to wait til tomorrow before closing to buy for monday.
This post was edited on 6/11/20 at 1:49 pm
Posted on 6/11/20 at 12:29 pm to HailHailtoMichigan!
We were due for a pullback. Nasdaq at an all time high. All of the reopening stocks moved way too high too quick.
I don't think covid really has much to do with it.
I don't think covid really has much to do with it.
This post was edited on 6/11/20 at 12:30 pm
Posted on 6/11/20 at 12:33 pm to notiger1997
quote:
The Covid news is indeed part of the blame for today. The market hates uncertainty
nothing has changed from last week though
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