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Started By
Message
Well im done buying for now
Posted on 3/18/20 at 12:39 pm
Posted on 3/18/20 at 12:39 pm
I picked up a few good stocks and hope they rebound in a year. Still got plenty of cash but not buying anymore till i see something positive on this virus.Sidelines from here for me 
12
Posted on 3/18/20 at 12:39 pm to FLObserver
Dis ugly. Out of cash for now.
Not touching emergency stash.
Not touching emergency stash.
Posted on 3/18/20 at 12:41 pm to bayoubengals88
Yea, I thought I had done pretty well over the last couple weeks with some of my pickups.
Damn
Damn
Posted on 3/18/20 at 12:44 pm to bayoubengals88
Guess it's time to start buying then...
Posted on 3/18/20 at 12:46 pm to FLObserver
bought more stuff today. Idk. This is just incredible lol.
Posted on 3/18/20 at 12:47 pm to GoCrazyAuburn
quote:You probably did.
I thought I had done pretty well over the last couple weeks with some of my pickups.
Posted on 3/18/20 at 12:47 pm to FLObserver
quote:
picked up a few good stocks and hope they rebound in a year. Still got plenty of cash but not buying anymore till i see something positive on this virus.Sidelines from here for me
I’m in the same boat. I have a couple more grand to slow invest over the next week or two, but I’m holding back the majority until later.
Bought some
DAL
JPM
CVX
OXY
AUPH
Now I’ll wait for someone to announce either a vaccine or the peak of the curve and invest the rest.
This post was edited on 3/18/20 at 12:48 pm
Posted on 3/18/20 at 12:49 pm to FLObserver
The market is incredibly toxic (duh), but think of the rally if this virus ends up being a relative dud.
Posted on 3/18/20 at 12:49 pm to bayoubengals88
Made one big move this morning after the Ackerman scare. Got one pocket left for trading and will hold for 2200 S&P which is approximately a 35% correction. At 40% (2035) I'm gonna be ALL IN!
Posted on 3/18/20 at 12:49 pm to FLObserver
I got downvoted to oblivion three days ago for suggesting 21,200 wasn’t near the bottom. What did people expect?
Posted on 3/18/20 at 12:50 pm to FLObserver
My companies stock has gone from $109 to $68...starting to sweat
Posted on 3/18/20 at 1:10 pm to bstew3006
What company? Sounds like a deal.
Posted on 3/18/20 at 1:15 pm to bstew3006
Bought more today of the same three things I have been picking up every day since we flirted with down 20-25 percent....
averaged in a little early when we played at 30 ish so going to still purchase every day but a little less amount...expected to break 30 but not at this speed ... lowering my daily purchase amount so I will have plenty if we break 40-50.....( really did not think and still hope we do not see this)
And may hang at the bottom longer than I expected... so may have time to react at the bottom and on way up ( which I am very very bad at....just slow at this for some mental reason....I know this from experience)
I expected it to hit low then rebound just a tad then get dragged back down over next few months as earning were announced..... then very very fast pop way back up after virus over and earnings damage done
Gotta say .... beginning to see blood in the street now.....
averaged in a little early when we played at 30 ish so going to still purchase every day but a little less amount...expected to break 30 but not at this speed ... lowering my daily purchase amount so I will have plenty if we break 40-50.....( really did not think and still hope we do not see this)
And may hang at the bottom longer than I expected... so may have time to react at the bottom and on way up ( which I am very very bad at....just slow at this for some mental reason....I know this from experience)
I expected it to hit low then rebound just a tad then get dragged back down over next few months as earning were announced..... then very very fast pop way back up after virus over and earnings damage done
Gotta say .... beginning to see blood in the street now.....
Posted on 3/18/20 at 1:16 pm to PetroBabich
Same thoughts here. Been buying since mid February but don’t want to dip into emergency fund cash at this point.
Shows the truth in the saying “the market can stay irrational longer than you can stay liquid” lol.
Shows the truth in the saying “the market can stay irrational longer than you can stay liquid” lol.
Posted on 3/18/20 at 1:16 pm to FLObserver
It has been incredibly hard but I've held the line and haven't thrown in a dollar of my cash yet. Waiting for more pain.
Posted on 3/18/20 at 1:29 pm to TigerTatorTots
quote:
and haven't thrown in a dollar of my cash yet. Waiting for more pain.
i made small purchases at or around the 15% drop levels. Have a huge chunk of change on sidelines waiting when to go in. I figured this shite would keep dropping like a rock. Would not be shocked to see this hit 15k DJIA.
Posted on 3/18/20 at 1:31 pm to Fat Bastard
I’ve DCA on some of the big dips (and small ones at first). Saving my last chunk for a Hail mary if it drops another 2-4k
Posted on 3/18/20 at 1:32 pm to jimbeam
quote:
Saving my last chunk for a Hail mary if it drops another 2-4k
THIS!
Posted on 3/18/20 at 1:35 pm to bstew3006
quote:CVX?
My companies stock has gone from $109 to $68...starting to sweat
Posted on 3/18/20 at 1:37 pm to bstew3006
You work for MIDD baw?
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