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re: Will the markets be back in the green on Monday?

Posted on 3/2/20 at 8:37 am to
Posted by taeemwar
Dallas
Member since Apr 2010
607 posts
Posted on 3/2/20 at 8:37 am to
I started buying a little this morning.
Posted by bayoubengals88
LA
Member since Sep 2007
23479 posts
Posted on 3/2/20 at 8:39 am to
I'm buying at 9,12, and 3 every day this week.

Didn't make any purchases last week.
Posted by PUB
New Orleans
Member since Sep 2017
20641 posts
Posted on 3/2/20 at 8:42 am to
Yep - Trump was right again. Coronavirus was a HOAX and fraud. No supply chain interruptions at all.
Apple to $500 by 11/3/2020
Posted by FieldEngineer
Member since Jan 2015
2544 posts
Posted on 3/2/20 at 8:57 am to
My portfolio is up around 1.8% so far today.
Posted by TigerDeBaiter
Member since Dec 2010
10655 posts
Posted on 3/2/20 at 9:51 am to
Do you need to be sheared??
Posted by PUB
New Orleans
Member since Sep 2017
20641 posts
Posted on 3/2/20 at 10:19 am to
Market soaring back as always under Trump. Apple up close to 6% and might hit double digits today. Tim Cook even agrees with Trump - little supply chain interruptions.
Posted by LSURussian
Member since Feb 2005
133499 posts
Posted on 3/2/20 at 10:24 am to
quote:

it seems we’re in a free fall.
welp!
Posted by TimeOutdoors
LA
Member since Sep 2014
13081 posts
Posted on 3/2/20 at 10:28 am to
Does anyone really think Trump said the Coronavirus was a hoax? Surely no one is this stupid.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 3/2/20 at 10:28 am to
I am not discounting that could be a dead cat bounce, but the apple news was pretty good.
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
72922 posts
Posted on 3/2/20 at 10:33 am to
I feel weird about getting slightly pissed about seeing the dow up 600 points.

I guess I got greedy by wanting one more day of selloffs before getting in.
Posted by bayoubengals88
LA
Member since Sep 2007
23479 posts
Posted on 3/2/20 at 10:48 am to
Hot damn we need an after lunch sell off to the tune of about 800 points!!!
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 3/2/20 at 11:57 am to
Damn I’d hate to not have had money in the market today
Posted by bayoubengals88
LA
Member since Sep 2007
23479 posts
Posted on 3/2/20 at 12:06 pm to
quote:

Damn I’d hate to not have had money in the market today

I've got money in it. Just no new money!
Posted by castorinho
13623 posts
Member since Nov 2010
86308 posts
Posted on 3/2/20 at 12:09 pm to
quote:

Damn I’d hate to not have had money in the market today
have those guys told us when to get back in yet?
Posted by elposter
Member since Dec 2010
26521 posts
Posted on 3/2/20 at 12:11 pm to
quote:

I feel weird about getting slightly pissed about seeing the dow up 600 points.

I guess I got greedy by wanting one more day of selloffs before getting in


Just keep trying to time it. You'll get it right.
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
72922 posts
Posted on 3/2/20 at 12:34 pm to
The news stories are all saying this rally is because of the fed saying they'll bail out something or other... Im not buying that line. Can someone change my mind or otherwise educate me on this?
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 3/2/20 at 12:36 pm to
The market is factoring in a 100% of a rate cut in March and probably 50bps.
Posted by Athletix
Member since Dec 2012
5134 posts
Posted on 3/2/20 at 12:40 pm to
quote:

have those guys told us when to get back in yet?


I’m still 100% bonds. Maybe I’m missing it, but COVID-19 cases outside of China are on a rapid rise. That’s a major part of what drove us here, with no good news on the virus itself coming out, why would I believe this is the bottom? Maybe feds cutting rates around the world is enough to run the market up, idk? But, I’ll hang out a little bit longer.
Posted by bod312
Member since Jul 2015
846 posts
Posted on 3/2/20 at 12:50 pm to
quote:

COVID-19 cases outside of China are on a rapid rise.


What is happening in China? I think what is happening where it originated should be pretty important. Are the number of new cases increasing daily and on a linear or exponential path still? I would think that China should be a good indicator here because it has maybe the biggest impact on the US economy and should tell us the overall time horizon of this event. If China can get it under control in 2 months, that would lead me to believe the world won't take 2 years to overcome. Just some of my $0.02 from someone who knows nothing about potential global health pandemics.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
135694 posts
Posted on 3/2/20 at 12:51 pm to
I assume this is a temporary bounce related the the last few days free fall. The news about the virus isn't substantially better, is it?
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