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Stock market #13467688 03/11/20 05:10 PM
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Stump jumper Online Content OP
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Here we go again. The drop in the market itself will be enough to start a recession. A month ago I was buying a new trolling motor, prop, and maybe electronics. Not now. For every seller there is a buyer. So who is buying in to this mess?


2200 Bay Champ/200 Mercury Optimax
2017 Tundra TSS 4x4 Crewmax 5.7L
Re: Stock market [Re: Stump jumper] #13467690 03/11/20 05:15 PM
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fouzman Offline
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Not me. I never try to catch a falling knife.


"Things turn out best for those who make the best of the way things turn out" - Zachary Troy Schrah - a young man with vision far beyond his years.
Re: Stock market [Re: Stump jumper] #13467708 03/11/20 05:30 PM
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John175☮ Online Happy
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At this point the AI at the big houses are driving the trades. Computer trading cares not about stabilizing anything. If the data says dump the computer dumps.


We're in a golden era of stupid. Enjoy your dividend. Let's Go Brandon!
Re: Stock market [Re: Stump jumper] #13467711 03/11/20 05:36 PM
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The low will be around 21,000. Still too early to buy.

Also, you have not lost a thing unless you sell.


"Let's go, Brandon!"
Re: Stock market [Re: Stump jumper] #13467712 03/11/20 05:36 PM
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silvers Offline
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Thinking about making a large commitment in oil


call it what you will...he is not definitely not anywhere near the top of the list for QB's that I would choose needing a FG or touchdown drive late in the game.
Re: Stock market [Re: Stump jumper] #13467715 03/11/20 05:40 PM
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Snakeyes711 Offline
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Originally Posted by Stump jumper
For every seller there is a buyer.


That's the problem,at the moment there is not a buyer for every seller. Way more sellers than buyers.And short selling compounds that problem. There's just no good news on the horizon so investors are standing pat.

Re: Stock market [Re: John175☮] #13467727 03/11/20 05:51 PM
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Snakeyes711 Offline
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Originally Posted by John175☮
At this point the AI at the big houses are driving the trades. Computer trading cares not about stabilizing anything. If the data says dump the computer dumps.


Automated algorithmic trading isn't helping the situation but it's not the cause of this crash. I would break it down as 90 % CV and 10 % Russian/Saudi oil dust up.

Re: Stock market [Re: Stump jumper] #13467882 03/11/20 08:55 PM
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Rolo26 Offline
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Got in last week with a BIG position in BP. 10.2% yield!

Re: Stock market [Re: fouzman] #13467889 03/11/20 09:04 PM
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Originally Posted by fouzman
Not me. I never try to catch a falling knife.

Especially in the first few inches of a 10-foot fall.


The solution to any problem - work, love, money, whatever - is to go fishing, and the worse the problem, the longer the trip should be. --John Gierach

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Re: Stock market [Re: Stump jumper] #13467896 03/11/20 09:11 PM
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David Welcher Offline
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Wait till 22,000 then Start buying

Re: Stock market [Re: Stump jumper] #13467897 03/11/20 09:13 PM
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David Welcher Offline
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Or just watch Warren Buffet, he’s been sitting and waiting for a while with a ton of cash

Re: Stock market [Re: David Welcher] #13467919 03/11/20 09:30 PM
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Originally Posted by David Welcher
Or just watch Warren Buffet, he’s been sitting and waiting for a while with a ton of cash


He will have bought before you know he bought, then leak what he has bought.

Re: Stock market [Re: Stump jumper] #13467935 03/11/20 09:41 PM
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Snakeyes711 Offline
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The only people who should be concerned are people who are FORCED to sell in the next few days due to family health emergency,loss of job,etc. If they have to liquidate their stock holdings they're forced to lock in a loss.

Re: Stock market [Re: Snakeyes711] #13467962 03/11/20 09:57 PM
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JCG57 Offline
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Originally Posted by Snakeyes711
The only people who should be concerned are people who are FORCED to sell in the next few days due to family health emergency,loss of job,etc. If they have to liquidate their stock holdings they're forced to lock in a loss.


Correct. For anyone with a long term view, this is an excellent buying opportunity. Also good times for traders with all the volatility.

Re: Stock market [Re: Stump jumper] #13467971 03/11/20 10:04 PM
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bloo_rainger Online Content
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If you’re day trading and moving in and out at the right times you could be getting rich right now.

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