Could be brutal day in markets

jjgold · 10-08-15, 05:43 PM

it goes to show nobody knows shit

TheGuesser · 10-08-15, 06:39 PM

Originally posted by muldoon

Never = 44 Days

[ATTACH]85573[/ATTACH]

Hopefully he comes in and says Market will never be near 18,000 again, so the rally can continue.

stevenash · 10-08-15, 06:58 PM

Bad 3rd quarters ususally traslates into huge fourth quarters.
Now Friday's (tomorrow) are usually profit taking days, so expect volume and a down day, before the closing bell, would be a good time to get in, if you want in, I'm expecting a nice rebound the next two months.

p.s. Sprint is making a move upward after horrible returns latelty, that's a nice $4.60 stock, however they announced layoffs today.

muldoon · 10-08-15, 07:31 PM

Originally posted by TheGuesser

Hopefully he comes in and says Market will never be near 18,000 again, so the rally can continue.

He'll wait for the next correction, find a photo of some people crying on wall street and claim they're crisis actors.

The Kraken · 10-09-15, 07:30 AM

Nice bump Muldoon

Lots of fools exposed in this thread

jjgold · 10-09-15, 07:45 AM

all random

invest daily, weekly or monthly you get destroyed

opie1988 · 10-09-15, 07:48 AM

All the doom & gloomers wrong yet again.

Dumbfukk city up in this bitch.

gauchojake · 10-09-15, 10:38 AM

Originally posted by opie1988

All the doom & gloomers wrong yet again.

Dumbfukk city up in this bitch.

Opie what happened? I'm down in my bunker

The Kraken · 10-09-15, 02:45 PM

Gaucho the DJIA is up 0.2% today, feel free to open the door to your bunker and get a breath or two of fresh air, but the stock market has a long history of ups and downs, so don't winterize it just yet

Sour et al will let you know the right time hunker doen in your fraidy hole

gauchojake · 10-09-15, 03:12 PM

Originally posted by The Kraken

Gaucho the DJIA is up 0.2% today, feel free to open the door to your bunker and get a breath or two of fresh air, but the stock market has a long history of ups and downs, so don't winterize it just yet

Sour et al will let you know the right time hunker doen in your fraidy hole

whew! Such a relief.

The Kraken · 10-09-15, 09:59 PM

A certain faction is suddenly silent and predictably absent in this thread

brooks85 · 10-19-15, 05:41 PM

the power of Oprah, joins Weight Watchers as 10% owner and board seat... stock doubles

The Kraken · 07-12-16, 12:37 PM

Anyone heard how the market is doing lately?

I think this thread is the reason sourtwist left

grease lightnin · 07-12-16, 01:46 PM

The reason the markets have shrugged the brexit off is because all of the things the leave campaigners thought they would get by leaving will not happen even if they do leave.

If it happens, it will be largely symbolic.

chico2663 · 07-13-16, 12:52 AM

Originally posted by recon1

Beans, bullets, bible and bandaids.
GET SOME!

My brother works for humana. He gets anywhere between 35,000 -70000 bonus every march. He says he invests in the 3 essential metals. Gold,silver and copper it is!

chico2663 · 07-13-16, 12:55 AM

Originally posted by Ralphie Halves

Just an example. Not saying this pertains to you or anyone else.

Say you have Stock A that was at 100 last week, and it drops to 60 this week. Everyone gets all excited, and says "wow, Stock A is 40% cheaper that it was last week!! Buy it!" And mathematically they are correct of course, but that doesn't mean Stock A is "cheap". Big mistake assuming that. Lots of things go into a stock being over or under-valued, far more than what most people just look at.

Then it drops to 50, then 40, then all the way to 20.

Problem is, you bought it at 60. Now your sure thing needs to go up by 300% for you to break even. Stock A had to close a bunch of stores and reposition its finances on a much smaller scale. Chances of you breaking even now are nil.

You may have gotten a couple right, but it just takes one of these to undo all of it.

The market loves it when the public think they're smarter than them and reacts accordingly. Freakin loves it.

Good point. I think a good example is valeant pharm. was trading for 263.00 less than a year ago. Now you can buy I think for under 30.00

chico2663 · 07-13-16, 12:57 AM

Originally posted by jjgold

stock market profits are taxed heavily

sports are not

Not if you hold the stock for 1year and 1 day.

thellama · 07-13-16, 03:15 AM

And not if they're in a retirement account. And really.. it's not taxed anymore than my income taxes which is 28% anyway. Hit the brexit scare just right and unloaded everything I had on day 2 of the drop, was hoping it wouldn't be a 3 day downswing. It wasnt... brexit scare was stupid, just dumbasses selling for no reason and the smart ones buying up the good shit for when it bounces back... which it already has and then some.

Ralphie Halves · 07-13-16, 05:36 AM

Originally posted by chico2663

Good point. I think a good example is valeant pharm. was trading for 263.00 less than a year ago. Now you can buy I think for under 30.00

I have know-it-all friends that rode the Twitter train all the way down to 15, and still think it's going back to 60. They never sold. They even did "dollar cost averaging" to where they bought more on the way down, which if you were to do that crap with any prop firm in America, you'd be fired on the spot, because firms realize how foolish it is.

Muller Rose · 07-13-16, 08:00 AM

Shit happens. Things will get better.

d2bets · 07-13-16, 08:25 AM

Originally posted by Ralphie Halves

I have know-it-all friends that rode the Twitter train all the way down to 15, and still think it's going back to 60. They never sold. They even did "dollar cost averaging" to where they bought more on the way down, which if you were to do that crap with any prop firm in America, you'd be fired on the spot, because firms realize how foolish it is.

Twitter is a good buy. I bought it a few months ago in the 14's. Still a buy at 18. It'll be 30 by the end of next year or bought ought over 30.

jjgold · 07-13-16, 08:27 AM

I do not like Twitter

It has nothing..take away the celebs and sports it has no use for general public

Average person can care less what they say anymore because most is not from them but from publicist

It is only good for self promotion business

Bostongambler · 07-13-16, 08:55 AM

I find Twitter very useful. I get more info ( not to mention first) from it.

chico2663 · 07-13-16, 09:11 AM

Originally posted by d2bets

Twitter is a good buy. I bought it a few months ago in the 14's. Still a buy at 18. It'll be 30 by the end of next year or bought ought over 30.

Yes my mom still has 300 shares but in her defense. She still has 200 shares of face book.My aunt had 1000 shares but when in went down back in the day she sold quickly. She is married to a structural engineer who has spent the last 6 years being an out cast in Malaysia so she is just happy to be home. But could you imagine if you short valeant pharm. after shkreli started that shit.

Ralphie Halves · 07-13-16, 05:20 PM

Originally posted by d2bets

Twitter is a good buy. I bought it a few months ago in the 14's. Still a buy at 18. It'll be 30 by the end of next year or bought ought over 30.

It might, but I never bought into ideas like this. Twitter has tens of thousands of dead bodies in the form of old investors that bailed and will never touch this stock again. It has to get over that obstacle, find new investors, and take a 50% increase. The entire market is up now, so Twitter is going with it, but it's not really due to anything the stock is doing. I'd just hope for a buyout.

For everyone's sake, I hope it goes to the moon. I'm just saying it's a lot harder road than some guy sitting back and saying "It's a $60 stock, it will be fine".