Re: Slide has started
[Re: Flipper]
#7157835
01/27/21 08:12 PM
01/27/21 08:12 PM
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Joined: Jan 2007
Posts: 3,960 Northern Nevada
Bob
trapper
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trapper
Joined: Jan 2007
Posts: 3,960
Northern Nevada
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Another way to look at it, stocks are going on sale. The stock market is the only thing people aren’t glad to see go on sale. It always has come back better than ever and this time will be no different
"I have two guns, one for each of ya."
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Re: Slide has started
[Re: Flipper]
#7157956
01/27/21 09:24 PM
01/27/21 09:24 PM
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Joined: Jun 2007
Posts: 16,150 Tennessee
Scuba1
"color blind Kraut"
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"color blind Kraut"
Joined: Jun 2007
Posts: 16,150
Tennessee
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I was hoping that it would take them a year to screw thing up completely, but that dolt signing those stacks of executive orders is breaking the country in record time.
The upside is that it will make the math easier for an eventual holiday in Venezuela when the dollar if on a one to one exchange rate with the bolivar
Last edited by Scuba1; 01/27/21 09:27 PM.
Let's go Brandon
"Shall not comply" with morons who don't understand "shall not infringe."
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Re: Slide has started
[Re: Flipper]
#7158054
01/27/21 10:12 PM
01/27/21 10:12 PM
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Joined: Nov 2007
Posts: 9,842 St. Cloud, MN
trapperkeck
trapper
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trapper
Joined: Nov 2007
Posts: 9,842
St. Cloud, MN
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I predict, the Dow will be under 30k at the end of the year. I sold today and plan to sell off my remaining positions tomorrow or Friday. Might pop in and out on occasion through the year on a "no-brainer", but I'm not risking my retirement fund on these idiots with only a few years to go. Love my ROTH for the flexibility of free trading!
"The voice of reason!"
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Re: Slide has started
[Re: Bob_Iowa]
#7158075
01/27/21 10:22 PM
01/27/21 10:22 PM
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Joined: Mar 2007
Posts: 35,169 McGrath, AK
white17
"General (Mr.Sunshine) Washington"
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"General (Mr.Sunshine) Washington"
Joined: Mar 2007
Posts: 35,169
McGrath, AK
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Google Game Stop and Hedge Funds. I was wondering if anyone on here was on that ride. Yes I believe GME is the culprit. So much money chasing this stock that the short squeeze has caused the liquidation of other long positions to cover the shorts. I personally think trading in GME should be halted. If one of the really large hedge funds get trapped in this squeeze we could see another event like Long Term Capital Management in 1998. I have to view this as a tradable event. Get out your shopping list and buy good companies at fair prices.
Mean As Nails
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Re: Slide has started
[Re: Flipper]
#7158255
01/28/21 01:17 AM
01/28/21 01:17 AM
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Joined: Jan 2014
Posts: 21,056 North East Kansas
Marty
trapper
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trapper
Joined: Jan 2014
Posts: 21,056
North East Kansas
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gas is up, market is down. more coming.
E 'Honey Badger Militia' Sleep, the anti woke adote.
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Re: Slide has started
[Re: Flipper]
#7158274
01/28/21 02:08 AM
01/28/21 02:08 AM
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Joined: Jan 2007
Posts: 3,960 Northern Nevada
Bob
trapper
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trapper
Joined: Jan 2007
Posts: 3,960
Northern Nevada
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I’ll be buying this year. Historically the market is overdue for a correction, best time to get in is when everyone else is getting scared and pulling their money out.
"I have two guns, one for each of ya."
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Re: Slide has started
[Re: Bob]
#7158444
01/28/21 09:38 AM
01/28/21 09:38 AM
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Joined: Nov 2007
Posts: 9,842 St. Cloud, MN
trapperkeck
trapper
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trapper
Joined: Nov 2007
Posts: 9,842
St. Cloud, MN
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I’ll be buying this year. Historically the market is overdue for a correction, best time to get in is when everyone else is getting scared and pulling their money out. Later this year, and it might be sooner than later, I'm sure there will be some deeply discounted stocks. Right now, I am up more than 40% for the past 9 months. Stupid to ride out the inevitable, at this point. I will pull back, and reinvest prudently. If you don't have but $100/mo to invest and no big nest egg, by all means, buy away. With a long time horizon this next 3-4 years will be but a blip.
"The voice of reason!"
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Re: Slide has started
[Re: Bob_Iowa]
#7158453
01/28/21 09:44 AM
01/28/21 09:44 AM
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Joined: Dec 2013
Posts: 9,313 Northern MN
Osky
trapper
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trapper
Joined: Dec 2013
Posts: 9,313
Northern MN
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Google Game Stop and Hedge Funds. I was wondering if anyone on here was on that ride. My son made a bundle on it. Osky
"A womans heart is the hardest rock the Almighty has put on this earth, and I can find no sign on it" Jabless in Minnesota www.SureDockusa.com
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