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Slide has started #7157800
01/27/21 07:53 PM
01/27/21 07:53 PM
Joined: Jan 2010
Posts: 397
sw minn.
Flipper Offline OP
trapper
Flipper  Offline OP
trapper

Joined: Jan 2010
Posts: 397
sw minn.
Stock market has started its decline. Hang on middle class

Re: Slide has started [Re: Flipper] #7157812
01/27/21 08:02 PM
01/27/21 08:02 PM
Joined: Dec 2009
Posts: 12,965
The Hill Country of Texas
Leftlane Offline
"HOSS"
Leftlane  Offline
"HOSS"

Joined: Dec 2009
Posts: 12,965
The Hill Country of Texas
Hang onto what our ankles? (this might sting a little- maybe even a lot) sick


ďWhatís good for me may not be good for the weak minded.Ē
Captain Gus McCrae- Texas Rangers


Re: Slide has started [Re: Flipper] #7157835
01/27/21 08:12 PM
01/27/21 08:12 PM
Joined: Jan 2007
Posts: 2,864
Northern Nevada, 31 yrs old
B
Bob Offline
trapper
Bob  Offline
trapper
B

Joined: Jan 2007
Posts: 2,864
Northern Nevada, 31 yrs old
Another way to look at it, stocks are going on sale. The stock market is the only thing people arenít 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."
Re: Slide has started [Re: Flipper] #7157931
01/27/21 09:10 PM
01/27/21 09:10 PM
Joined: Jun 2012
Posts: 2,660
KY.usa
rex123 Offline
trapper
rex123  Offline
trapper

Joined: Jun 2012
Posts: 2,660
KY.usa
The minute they pass the stimulus it will jump back up this time but sooner or later it will go on sale.

Re: Slide has started [Re: Flipper] #7157944
01/27/21 09:18 PM
01/27/21 09:18 PM
Joined: Apr 2010
Posts: 200
MN
Q
Quartermastersir Offline
trapper
Quartermastersir  Offline
trapper
Q

Joined: Apr 2010
Posts: 200
MN
You have the correct attitude.
And you are historically correct, the caveat is that historically we've been governed by Dems and Repubs who both had capitalism as their core economic beliefs.
Dems more Keynesian, with gov't spending priming the economy, repubs more free market, private entrepreneurs priming the economy. I'm not so sure we have those circumstances today.
Your 3, and I hope you have the same positive investment results/rewards that we did.
Good Luck.

Re: Slide has started [Re: Flipper] #7157956
01/27/21 09:24 PM
01/27/21 09:24 PM
Joined: Jun 2007
Posts: 10,746
Finally run aground in TN
Scuba1 Offline
"color blind Kraut"
Scuba1  Offline
"color blind Kraut"

Joined: Jun 2007
Posts: 10,746
Finally run aground in TN
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.

I do all my own stunts ..... but never intentionally
Re: Slide has started [Re: Flipper] #7157959
01/27/21 09:26 PM
01/27/21 09:26 PM
Joined: Sep 2012
Posts: 1,814
New York
P
proratman Offline
trapper
proratman  Offline
trapper
P

Joined: Sep 2012
Posts: 1,814
New York
The stock market slid down today because of Boeing.

Re: Slide has started [Re: Flipper] #7158029
01/27/21 10:01 PM
01/27/21 10:01 PM
Joined: Jan 2007
Posts: 13,930
Georgia
warrior Offline
trapper
warrior  Offline
trapper

Joined: Jan 2007
Posts: 13,930
Georgia
Google Game Stop and Hedge Funds.

Re: Slide has started [Re: warrior] #7158036
01/27/21 10:06 PM
01/27/21 10:06 PM
Joined: Jan 2019
Posts: 1,669
North central Iowa
B
Bob_Iowa Offline
trapper
Bob_Iowa  Offline
trapper
B

Joined: Jan 2019
Posts: 1,669
North central Iowa
Originally Posted by warrior
Google Game Stop and Hedge Funds.


I was wondering if anyone on here was on that ride.

Re: Slide has started [Re: warrior] #7158038
01/27/21 10:07 PM
01/27/21 10:07 PM
Joined: Aug 2008
Posts: 4,967
fayette,al.
G
grisseldog Offline
trapper
grisseldog  Offline
trapper
G

Joined: Aug 2008
Posts: 4,967
fayette,al.
Originally Posted by warrior
Google Game Stop and Hedge Funds.

This ^^^^

Re: Slide has started [Re: Flipper] #7158054
01/27/21 10:12 PM
01/27/21 10:12 PM
Joined: Nov 2007
Posts: 8,228
St. Cloud, MN
trapperkeck Offline
trapper
trapperkeck  Offline
trapper

Joined: Nov 2007
Posts: 8,228
St. Cloud, MN
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!"
Re: Slide has started [Re: Flipper] #7158062
01/27/21 10:17 PM
01/27/21 10:17 PM
Joined: Dec 2010
Posts: 166
Southeast, Alaska
S
SE.Current Online content
trapper
SE.Current  Online Content
trapper
S

Joined: Dec 2010
Posts: 166
Southeast, Alaska
Iím ditching GameStop tomorrow first thing. Iím holding out until after stimulus/tax returns to sell out everything else but itís coming

Re: Slide has started [Re: Bob_Iowa] #7158075
01/27/21 10:22 PM
01/27/21 10:22 PM
Joined: Mar 2007
Posts: 31,990
McGrath, AK
W
white17 Online content

"General (Mr.Sunshine) Washington"
white17  Online Content

"General (Mr.Sunshine) Washington"
W

Joined: Mar 2007
Posts: 31,990
McGrath, AK
Originally Posted by Bob_Iowa
Originally Posted by warrior
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
Re: Slide has started [Re: Flipper] #7158237
01/28/21 12:49 AM
01/28/21 12:49 AM
Joined: Dec 2010
Posts: 166
Southeast, Alaska
S
SE.Current Online content
trapper
SE.Current  Online Content
trapper
S

Joined: Dec 2010
Posts: 166
Southeast, Alaska
Donít go look at Doge coin. Another one of Elonís pieces

Re: Slide has started [Re: Flipper] #7158243
01/28/21 12:57 AM
01/28/21 12:57 AM
Joined: Feb 2014
Posts: 23,049
nm
A
adam m Offline
trapper
adam m  Offline
trapper
A

Joined: Feb 2014
Posts: 23,049
nm
I was thinking about this the last week. Need to get an ira but not sure if it's a good idea right now. The slide will continue all year. Lots of sell offs today. I predict by end of year the dow will be just over 20k. All of these EO's will kick us hard.

Re: Slide has started [Re: Flipper] #7158255
01/28/21 01:17 AM
01/28/21 01:17 AM
Joined: Jan 2014
Posts: 14,362
North East Kansas
Marty Offline
trapper
Marty  Offline
trapper

Joined: Jan 2014
Posts: 14,362
North East Kansas
gas is up, market is down. more coming.


America is not burning it is burnt.
Re: Slide has started [Re: Flipper] #7158274
01/28/21 02:08 AM
01/28/21 02:08 AM
Joined: Jan 2007
Posts: 2,864
Northern Nevada, 31 yrs old
B
Bob Offline
trapper
Bob  Offline
trapper
B

Joined: Jan 2007
Posts: 2,864
Northern Nevada, 31 yrs old
Iíll 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."
Re: Slide has started [Re: Bob] #7158444
01/28/21 09:38 AM
01/28/21 09:38 AM
Joined: Nov 2007
Posts: 8,228
St. Cloud, MN
trapperkeck Offline
trapper
trapperkeck  Offline
trapper

Joined: Nov 2007
Posts: 8,228
St. Cloud, MN
Originally Posted by Bob
Iíll 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!"
Re: Slide has started [Re: Bob_Iowa] #7158453
01/28/21 09:44 AM
01/28/21 09:44 AM
Joined: Dec 2013
Posts: 7,706
Northern MN
O
Osky Offline
trapper
Osky  Offline
trapper
O

Joined: Dec 2013
Posts: 7,706
Northern MN
Originally Posted by Bob_Iowa
Originally Posted by warrior
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"

www.SureDockusa.com
Re: Slide has started [Re: Flipper] #7158528
01/28/21 10:33 AM
01/28/21 10:33 AM
Joined: Mar 2007
Posts: 31,990
McGrath, AK
W
white17 Online content

"General (Mr.Sunshine) Washington"
white17  Online Content

"General (Mr.Sunshine) Washington"
W

Joined: Mar 2007
Posts: 31,990
McGrath, AK
Trading halted just now @ 0931 ET on GME


Mean As Nails
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