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re: Today is looking like a bad day in stocks
Posted on 12/19/24 at 9:24 pm to messyjesse
Posted on 12/19/24 at 9:24 pm to messyjesse
SP 6100 minus 10% haircut. Maybe we see 5500.
Posted on 12/19/24 at 11:20 pm to tigerbacon
These kind of threads are exhausting. Here, Reddit, Twitter, everywhere.
Just keep plugging away.
If you are under 55, today's market means nothing.
Just keep plugging away.
If you are under 55, today's market means nothing.
Posted on 12/20/24 at 6:59 am to bayoubengals88
Another day another haircut. FYI if you are under 55 great day to be buying. That saying everyone loves a sale except when it's the stock market. Well I view the stock market sale as the best sale. Probably down another 3% today but will be putting money in. Always keep myself some cash on the sidelines to pounce on these days
Posted on 12/20/24 at 7:36 am to tigerbacon
quote:
Another day another haircut. FYI if you are under 55 great day to be buying. That saying everyone loves a sale except when it's the stock market. Well I view the stock market sale as the best sale. Probably down another 3% today but will be putting money in. Always keep myself some cash on the sidelines to pounce on these days
Bittersweet to see your account shrink but know it’s going to eventually slingshot up. Just a day you wish you had more money on the sideline
Posted on 12/20/24 at 9:16 am to tigerbacon
When it's bad, it's time to buy.
That's very general advice. Be careful. But you get my drift.
That's very general advice. Be careful. But you get my drift.
Posted on 12/20/24 at 9:20 am to theballguy
Actually injured today. Was able to buy low on some volatile stocks and now I am positive. Maybe a win/win. But then again a long term investor like me means I never sell so down days and updates don't mean a lot to me
Posted on 12/20/24 at 9:20 am to tigerbacon
quote:
Probably down another 3% today
You think the market is going to go down 3% today? That would be the biggest drop in 2.5 years.
Posted on 12/20/24 at 9:53 am to JohnnyKilroy
it was down 3% two days ago
Posted on 12/20/24 at 9:53 am to tigerbacon
but it has rebounded nicely today
Posted on 12/20/24 at 10:41 am to tigerbacon
Scalping with a few bucks using 0 DTEs on days like this is just too easy.
Gotta love volatility for this reason.
Gotta love volatility for this reason.
Posted on 12/20/24 at 10:43 am to tigerbacon
quote:
Another day another haircut. FYI if you are under 55 great day to be buying. That saying everyone loves a sale except when it's the stock market. Well I view the stock market sale as the best sale. Probably down another 3% today but will be putting money in. Always keep myself some cash on the sidelines to pounce on these days
Posted on 12/20/24 at 11:09 am to messyjesse
quote:
Based on what?
Whatever is low of the stocks and etfs i have.
Posted on 12/20/24 at 12:24 pm to messyjesse
I mainly went cvx this morning. Already made money off initial purchase this morning and now more of its dividends coming
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