Platinum Contributing Member Jimmy Snacks Posted February 26, 2020 Platinum Contributing Member Share Posted February 26, 2020 (edited) 1 minute ago, f7ben said: You’ll see .... without QE we were headed for the floor. All the fed did was have the market climb on rung further up the ladder before the dive DONT YOU DARE LECTURE THE ORACLE!!!!! Edited February 26, 2020 by Jimmy Snacks Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted February 26, 2020 Platinum Contributing Member Share Posted February 26, 2020 up 270 now. Who knows, may end the day down . Im sure some who are buying right now will dump before the close. It's a money making day. Quote Link to comment Share on other sites More sharing options...
Carlos Danger Posted February 26, 2020 Share Posted February 26, 2020 The change in living conditions inside China over the last 20 years or so have lead to the kinds of problems we have seen with containment of this latest virus. There is a good chance a future outbreak could do some serious damage. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted February 26, 2020 Share Posted February 26, 2020 38 minutes ago, Jimmy Snacks said: DONT YOU DARE LECTURE THE ORACLE!!!!! He's right and Ben is out of his league. Quote Link to comment Share on other sites More sharing options...
f7ben Posted February 26, 2020 Share Posted February 26, 2020 1 minute ago, ArcticCrusher said: He's right and Ben is out of his league. THEY ARE TESTING THE VACCINE RIGHT NOW DERP DERP DERP DERP DERP Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted February 26, 2020 Platinum Contributing Member Share Posted February 26, 2020 up 368 Quote Link to comment Share on other sites More sharing options...
f7ben Posted February 26, 2020 Share Posted February 26, 2020 Just now, steve from amherst said: up 368 Dead cat Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted February 26, 2020 Platinum Contributing Member Share Posted February 26, 2020 Just now, f7ben said: Dead cat Could be. as I said ealier. I would not be surprised if 1/2 of what is being bought right now is sold before days end. Quote Link to comment Share on other sites More sharing options...
Advertising Member Seatofmypants Posted February 26, 2020 Advertising Member Share Posted February 26, 2020 Who here thinks the market will be higher then 29K before the election? Serious question.... Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted February 26, 2020 Platinum Contributing Member Share Posted February 26, 2020 1 minute ago, Seatofmypants said: Who here thinks the market will be higher then 29K before the election? Serious question.... me , am I confident it will be , no. But I believe it will be. Quote Link to comment Share on other sites More sharing options...
Advertising Member Seatofmypants Posted February 26, 2020 Advertising Member Share Posted February 26, 2020 1 minute ago, steve from amherst said: me , am I confident it will be , no. But I believe it will be. at least you are willing to go on record....I on the other hand think we will be closer to 25K instead of 29K....no price is right rules..... LOL Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted February 26, 2020 Share Posted February 26, 2020 5 minutes ago, Seatofmypants said: at least you are willing to go on record....I on the other hand think we will be closer to 25K instead of 29K....no price is right rules..... LOL You are only saying that to agree with your position. It matters not, the market doesn't care about feelings. Short term investing is very dangerous. Quote Link to comment Share on other sites More sharing options...
Advertising Member Seatofmypants Posted February 26, 2020 Advertising Member Share Posted February 26, 2020 (edited) 10 minutes ago, ArcticCrusher said: You are only saying that to agree with your position. It matters not, the market doesn't care about feelings. Short term investing is very dangerous. Hedging against a major correction / recession is dangerous? Couple that with the fact it is an election year........? Is it dangerous to put 100% of my 401 in a fixed fund option for several weeks/months? I'm by no means day trading my 401. Edited February 26, 2020 by Seatofmypants Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted February 26, 2020 Share Posted February 26, 2020 8 minutes ago, Seatofmypants said: Hedging against a major correction / recession is dangerous? Couple that with the fact it is an election year........? Is it dangerous to put 100% of my 401 in a fixed fund option for several weeks/months? I'm by no means day trading my 401. Yes it is. It's the number one wealth destroyer. Do what your comfortable with. Quote Link to comment Share on other sites More sharing options...
Advertising Member Seatofmypants Posted February 26, 2020 Advertising Member Share Posted February 26, 2020 3 minutes ago, ArcticCrusher said: Yes it is. It's the number one wealth destroyer. Do what your comfortable with. We have a guy at my office that trades his 401 several times a week, trying to time the market..... its insanity. Last year my portfolio out paced him by 11 percent. He returned 20% my portfolio was 31%, he is still trading his funds daily. FTR I've never moved my funds to a fixed position in the 16 years I've had a balance, but something tells me we are in for an insane ride over the next few months. Could be wrong....but the market cannot keep up this pace. Quote Link to comment Share on other sites More sharing options...
f7ben Posted February 26, 2020 Share Posted February 26, 2020 This market is toast. Another 3-5% drop through the rest of the week and if things get any worse news wise that will just be the start Quote Link to comment Share on other sites More sharing options...
hayward Posted February 26, 2020 Share Posted February 26, 2020 i sure am glad i make less than 40k a year and have no money. This market is one less thing for me to worry about. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted February 26, 2020 Share Posted February 26, 2020 58 minutes ago, Seatofmypants said: We have a guy at my office that trades his 401 several times a week, trying to time the market..... its insanity. Last year my portfolio out paced him by 11 percent. He returned 20% my portfolio was 31%, he is still trading his funds daily. FTR I've never moved my funds to a fixed position in the 16 years I've had a balance, but something tells me we are in for an insane ride over the next few months. Could be wrong....but the market cannot keep up this pace. I stopped that over 25 years ago and diversified globally. 2 Quote Link to comment Share on other sites More sharing options...
Anler Posted February 26, 2020 Share Posted February 26, 2020 42 minutes ago, f7ben said: This market is toast. Another 3-5% drop through the rest of the week and if things get any worse news wise that will just be the start Someone is trying their best to downplay it so its a wait and see. But if China keeps halting production it WILL have a serious effect, that is just math. Many economists are already writing off 2nd quarter. 1 Quote Link to comment Share on other sites More sharing options...
Advertising Member Seatofmypants Posted February 26, 2020 Advertising Member Share Posted February 26, 2020 19 minutes ago, Anler said: Someone is trying their best to downplay it so its a wait and see. But if China keeps halting production it WILL have a serious effect, that is just math. Many economists are already writing off 2nd quarter. To say this couldn't send us into a global recession or at the very least severely impact our economy is just ignorant at this point. Quote Link to comment Share on other sites More sharing options...
f7ben Posted February 26, 2020 Share Posted February 26, 2020 1 minute ago, Seatofmypants said: To say this couldn't send us into a global recession or at the very least severely impact our economy is just ignorant at this point. It’s being played up to hurt TRUMP , it’s really just a big nothing 1 3 Quote Link to comment Share on other sites More sharing options...
Advertising Member Seatofmypants Posted February 26, 2020 Advertising Member Share Posted February 26, 2020 39 minutes ago, f7ben said: It’s being played up to hurt TRUMP , it’s really just a big nothing https://en.wikipedia.org/wiki/United_States_bear_market_of_2007–2009 only 12 years ago...... Quote Link to comment Share on other sites More sharing options...
Anler Posted February 26, 2020 Share Posted February 26, 2020 52 minutes ago, Seatofmypants said: To say this couldn't send us into a global recession or at the very least severely impact our economy is just ignorant at this point. No doubt, that is why many are trying to down play it. Lots of the market is just circulating money and if that flow stops, look out below. 1 Quote Link to comment Share on other sites More sharing options...
Mainecat Posted February 26, 2020 Share Posted February 26, 2020 Down over 100 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted February 27, 2020 Platinum Contributing Member Share Posted February 27, 2020 Quote Link to comment Share on other sites More sharing options...
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