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re: Today is looking like a bad day in stocks

Posted on 12/19/24 at 9:24 pm to
Posted by lsu xman
Member since Oct 2006
16686 posts
Posted on 12/19/24 at 9:24 pm to
SP 6100 minus 10% haircut. Maybe we see 5500.
Posted by LSUShock
Kansas
Member since Jun 2014
5541 posts
Posted on 12/19/24 at 11:20 pm to
These kind of threads are exhausting. Here, Reddit, Twitter, everywhere.

Just keep plugging away.

If you are under 55, today's market means nothing.
Posted by bayoubengals88
LA
Member since Sep 2007
23479 posts
Posted on 12/20/24 at 6:54 am to
Ho, Ho, Ho
Wow…
Lovely.
Posted by tigerbacon
Arkansas
Member since Aug 2010
4472 posts
Posted on 12/20/24 at 6:59 am to
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 by Tigerfan14
Member since Jun 2014
1682 posts
Posted on 12/20/24 at 7:36 am to
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 by theballguy
to Tibet you Bastard
Member since Oct 2011
29404 posts
Posted on 12/20/24 at 9:16 am to
When it's bad, it's time to buy.

That's very general advice. Be careful. But you get my drift.
Posted by tigerbacon
Arkansas
Member since Aug 2010
4472 posts
Posted on 12/20/24 at 9:20 am to
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 by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40197 posts
Posted on 12/20/24 at 9:20 am to
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 by tigerbacon
Arkansas
Member since Aug 2010
4472 posts
Posted on 12/20/24 at 9:53 am to
it was down 3% two days ago
Posted by tigerbacon
Arkansas
Member since Aug 2010
4472 posts
Posted on 12/20/24 at 9:53 am to
but it has rebounded nicely today
Posted by bayoubengals88
LA
Member since Sep 2007
23479 posts
Posted on 12/20/24 at 10:41 am to
Scalping with a few bucks using 0 DTEs on days like this is just too easy.
Gotta love volatility for this reason.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40197 posts
Posted on 12/20/24 at 10:43 am to
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 by Nodust
Member since Aug 2010
22764 posts
Posted on 12/20/24 at 11:09 am to
quote:

Based on what?


Whatever is low of the stocks and etfs i have.
Posted by tigerbacon
Arkansas
Member since Aug 2010
4472 posts
Posted on 12/20/24 at 12:24 pm to
I mainly went cvx this morning. Already made money off initial purchase this morning and now more of its dividends coming
Posted by StonewallJack
Member since Apr 2008
930 posts
Posted on 12/20/24 at 12:34 pm to
Sell it all!!
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