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Incredible the change in tone
Posted on 4/1/20 at 4:15 pm
Posted on 4/1/20 at 4:15 pm
From one day to the next.
This post was edited on 4/1/20 at 4:16 pm
Posted on 4/1/20 at 4:16 pm to Huge Richard
From “is bottom in?” to doom and gloom from one day to the next lol
Posted on 4/1/20 at 4:17 pm to Huge Richard
Insanity has taken over. No one seems to know anything.
Posted on 4/1/20 at 4:20 pm to Paul Allen
quote:
No one seems to know anything.
Surprise surprise. If they did, they'd be hanging out on a yacht sipping mojitos with girls named Amber and Tiffany, not shitposting on an SEC football forum.
Posted on 4/1/20 at 4:40 pm to Boring
quote:
not shitposting on an SEC football forum.
true dat!!
Posted on 4/1/20 at 4:48 pm to Huge Richard
Think we get an up day or down with the unemployment report tomorrow?
Posted on 4/1/20 at 4:49 pm to Huge Richard
Today is the first day it seems like some people are finally starting to give in or that it’s sinking in that this is going to take a while. I bought some today, but I am by no means on the side that thinks we are done going down.
Posted on 4/1/20 at 4:49 pm to Huge Richard
They flip the script daily in normal times. I mean, remember, the China trade deal Armageddon weekly episodes? It’s somewhat their job to create drama. . Most of us just don’t bother to attention nor are stuck at home all day.
Posted on 4/1/20 at 4:51 pm to TigerDeBaiter
Who are we talking about here?
Posted on 4/1/20 at 4:55 pm to TigerDeBaiter
Oh. I have my tv on in my office to FBN but it stays muted. They are just actors reading from a script drafted by the metwork.
Posted on 4/1/20 at 5:18 pm to Lsutiger2424
quote:
Think we get an up day or down with the unemployment report tomorrow?
Think it will be down regardless of the numbers. If we Get less than 5 million I don’t think it will be as bad (seems absurd to even type that). If it’s well in excess of 6 million we could be off to the races and who knows where algos will take us then.
Posted on 4/1/20 at 5:32 pm to Boring
quote:
Surprise surprise. If they did, they'd be hanging out on a yacht sipping mojitos with girls named Amber and Tiffany, not shitposting on an SEC football forum.
True dat. There’s a wealth of info on a number of boards on this website, but 99% of us found this place looking for info on LSU or SEC sports.
Posted on 4/1/20 at 5:46 pm to Paul Allen
With the volume and volatility, the day traders are probably eating the shite up. I'm too stupid to figure it out.
Posted on 4/1/20 at 5:54 pm to Huge Richard
JMO but it seems to me big swings in mood (volatility) are not only a reflection of the lack of certainty but also the disconnect between people buying and selling and actual value. That means most are not investing as much as speculating. Speculation means uncertainty and the possibility of a deeper dip in values if speculators sell to limit losses or lock up gains.
Right now it looks like small cap companies as a category have yet to rebound (since the dip to 18.2k) and some big fish are still extremely highly valued in historical terms (especially since some are getting propped up as safer investments with more market uncertainty). If the small fish don't go under in large numbers we can be okay because turnover and long term unemployment won't be as bad. But as this goes longer more debt leveraged or cash poor smaller fish will go under and things become harder to predict in the next year or two.
Right now it looks like small cap companies as a category have yet to rebound (since the dip to 18.2k) and some big fish are still extremely highly valued in historical terms (especially since some are getting propped up as safer investments with more market uncertainty). If the small fish don't go under in large numbers we can be okay because turnover and long term unemployment won't be as bad. But as this goes longer more debt leveraged or cash poor smaller fish will go under and things become harder to predict in the next year or two.
Posted on 4/1/20 at 8:32 pm to Huge Richard
quote:
Incredible the change in tone
The change in tone most noticeable is the lack of certian posters calling people dumb for paying things off early and holding onto a bit of cash.
Let us know when it gets bad enough to start selling your physical possesions on the cheap as you have been your stock holdings, those of us who were prepared are standing by waiting to help you out.
Posted on 4/1/20 at 8:54 pm to Huge Richard
I don’t buy any bull case right now. In the face of record unemployment, collapsing energy consumption of any kind how in the hell can anyone lay out a plausible bull case???
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