Forums59
Topics1,037,813
Posts13,934,971
Members144,150
|
Most Online39,925 Dec 30th, 2023
|
|
Stock market
#13467688
03/11/20 05:10 PM
|
Joined: Apr 2004
Posts: 13,991
Stump jumper
OP
TFF Guru
|
OP
TFF Guru
Joined: Apr 2004
Posts: 13,991 |
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
|
Joined: Jan 2009
Posts: 50,006
fouzman
Methuselah
|
Methuselah
Joined: Jan 2009
Posts: 50,006 |
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
|
Joined: Oct 2005
Posts: 85,892
John175☮
MACHO MAN
|
MACHO MAN
Joined: Oct 2005
Posts: 85,892 |
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.
“Do not pray for easier lives. Pray to be stronger men.” -JFK
|
|
Re: Stock market
[Re: Stump jumper]
#13467711
03/11/20 05:36 PM
|
Joined: Jun 2005
Posts: 44,551
a777pilot
TFF Guru
|
TFF Guru
Joined: Jun 2005
Posts: 44,551 |
The low will be around 21,000. Still too early to buy.
Also, you have not lost a thing unless you sell.
Look! Up in the sky. It's a bird. It's a plane. No, it's an EMP!
|
|
Re: Stock market
[Re: Stump jumper]
#13467712
03/11/20 05:36 PM
|
Joined: Mar 2008
Posts: 12,262
silvers
TFF Guru
|
TFF Guru
Joined: Mar 2008
Posts: 12,262 |
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
|
Joined: Dec 2006
Posts: 2,283
Snakeyes711
Extreme Angler
|
Extreme Angler
Joined: Dec 2006
Posts: 2,283 |
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
|
Joined: Dec 2006
Posts: 2,283
Snakeyes711
Extreme Angler
|
Extreme Angler
Joined: Dec 2006
Posts: 2,283 |
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
|
Joined: Jan 2006
Posts: 47
Rolo26
Outdoorsman
|
Outdoorsman
Joined: Jan 2006
Posts: 47 |
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
|
Joined: Oct 2000
Posts: 23,384
J.P. Greeson
the janitor
|
the janitor
Joined: Oct 2000
Posts: 23,384 |
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
|
|
Re: Stock market
[Re: Stump jumper]
#13467896
03/11/20 09:11 PM
|
Joined: Jun 2010
Posts: 5,753
David Welcher
TFF Celebrity
|
TFF Celebrity
Joined: Jun 2010
Posts: 5,753 |
Wait till 22,000 then Start buying
|
|
Re: Stock market
[Re: Stump jumper]
#13467897
03/11/20 09:13 PM
|
Joined: Jun 2010
Posts: 5,753
David Welcher
TFF Celebrity
|
TFF Celebrity
Joined: Jun 2010
Posts: 5,753 |
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
|
Joined: May 2007
Posts: 39,996
WAWI
TFF Guru
|
TFF Guru
Joined: May 2007
Posts: 39,996 |
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
|
Joined: Dec 2006
Posts: 2,283
Snakeyes711
Extreme Angler
|
Extreme Angler
Joined: Dec 2006
Posts: 2,283 |
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
|
Joined: May 2002
Posts: 5,700
JCG57
TFF Celebrity
|
TFF Celebrity
Joined: May 2002
Posts: 5,700 |
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
|
Joined: Dec 2007
Posts: 14,328
bloo_rainger
TFF Guru
|
TFF Guru
Joined: Dec 2007
Posts: 14,328 |
If you’re day trading and moving in and out at the right times you could be getting rich right now.
|
|
Moderated by banker-always fishing, chickenman, Derek 🐝, Duck_Hunter, Fish Killer, J-2, Jacob, Jons3825, JustWingem, Nocona Brian, Toon-Troller, Uncle Zeek, Weekender1
|