Stock Market Discussion -- started 03/06/2018 -- updated daily !!!

**homie1975** · 03-10-20, 10:58 AM

I've been feeling and saying here that this is a different animal due to the emotional aspect of a health scare. I still believe there is more downside perhaps another 12 to 15% over the coming mos

**gummo** · 03-10-20, 05:48 PM

Tremendous day for investors 👏🏼

**chico2663** · 03-10-20, 05:51 PM

Originally posted by gummo

Tremendous day for investors 

not really. they take 2000 and give you back 700?

**MinnesotaFats** · 03-10-20, 05:54 PM

Itll drop 500 tomorrow

Auto engineered trading took over end of day

Should have never gained more than 1%

**chico2663** · 03-10-20, 05:55 PM

the 4 stocks i vheck on after hrs are all down. another shitty day tomorrow.

**chico2663** · 03-10-20, 05:56 PM

Originally posted by MinnesotaFats

Itll drop 500 tomorrow

Auto engineered trading took over end of day

Should have never gained more than 1%

500 down maybe a great day.

**homie1975** · 03-10-20, 05:57 PM

Originally posted by MinnesotaFats

Itll drop 500 tomorrow

Auto engineered trading took over end of day

Should have never gained more than 1%

Minny, You nailed it last time we had a huge gain (I think it was the Biden Bounce last Wed?) so my ears are perked!

**homie1975** · 03-10-20, 05:59 PM

Originally posted by chico2663

500 down maybe a great day.

i am still building positions so i am actually hoping for bigger drops. i hope that does not offend people. i have 35% of my nut in there so i need to get at least another 35% in but won't do it at these levels. i need significant drops to keep building the positions.

everything is a matter of where you are in life. i am probably at minimum 16Y from retirement. if i was 16 mos from retirement i would be freaking out right now and rooting for up days every day.

**chico2663** · 03-10-20, 06:19 PM

too many old people living on this will shit.

**keely85** · 03-10-20, 06:25 PM

I don’t know enough to be able to bet against the markets

I’m a degen on sports but I’m too scared to wager big on this stuff. Y’all are my heroes

**grease lightnin** · 03-10-20, 07:12 PM

Originally posted by homie1975

i am still building positions so i am actually hoping for bigger drops. i hope that does not offend people. i have 35% of my nut in there so i need to get at least another 35% in but won't do it at these levels. i need significant drops to keep building the positions.

everything is a matter of where you are in life. i am probably at minimum 16Y from retirement. if i was 16 mos from retirement i would be freaking out right now and rooting for up days every day.

Nah. You keep doing what you’re doing and you won’t be freaking come retirement time regardless of what the market is doing.

**grease lightnin** · 03-10-20, 07:14 PM

Originally posted by MinnesotaFats

Itll drop 500 tomorrow

Auto engineered trading took over end of day

Should have never gained more than 1%

Trump was pitching 0% payroll tax for the remainder of the year into the close.

**JIBBBY** · 03-10-20, 07:22 PM

Up and Down the DOW goes day to day. Roller coaster ride...

**homie1975** · 03-10-20, 07:35 PM

Originally posted by grease lightnin

Nah. You keep doing what you’re doing and you won’t be freaking come retirement time regardless of what the market is doing.

Haha good point, Greaser........I'm trying hard NOT to be THAT guy lolol

**milwaukee mike** · 03-10-20, 08:42 PM

crank this up and all your worries go away

**d2bets** · 03-10-20, 08:46 PM

Originally posted by grease lightnin

Trump was pitching 0% payroll tax for the remainder of the year into the close.

How does that fight coronavirus? That's going to make people travel, go to restaurants and stores, etc? No. If people stay home it's not because they don't have the money to do stuff, it's that they think they're gonna die.

Of course the answer is it doesn't, but it's great sales fodder in an election year. I gave you free money!!!!

Now if they want to explore paid sick leave and sick care and stuff like that, I get it. But just to "give" everyone free money is just a ploy.

**topgame85** · 03-10-20, 09:23 PM

Biden bounce again tomorrow?

**d2bets** · 03-10-20, 09:43 PM

Originally posted by topgame85

Biden bounce again tomorrow?

No, he was already the nominee before tonight.

**jjgold** · 03-10-20, 09:51 PM

Markets very very weak we have a lot more down then up

**topgame85** · 03-10-20, 10:03 PM

Originally posted by d2bets

No, he was already the nominee before tonight.

He went from probably 80% last week to 100% after crushing Michigan. Bernie was a much bigger long-term threat to the markets than Coronavirus. We will see how the rest of the week plays out.

**d2bets** · 03-10-20, 10:05 PM

Originally posted by topgame85

He went from probably 80% last week to 100% after crushing Michigan. Bernie was a much bigger long-term threat to the markets than Coronavirus. We will see how the rest of the week plays out.

Yeah, but he was 90% before tonight. Everyone saw this coming.

Bernie is probably going to concede within the next couple days.

**guitarjosh** · 03-10-20, 10:59 PM

Originally posted by jjgold

Markets very very weak we have a lot more down then up

We're working on a short term bottom here. We'll probably bounce up to 3060 and then maybe a retest.

**Bostongambler** · 03-10-20, 11:02 PM

Futures for tomorrow are down.

**homie1975** · 03-10-20, 11:10 PM

Originally posted by milwaukee mike

crank this up and all your worries go away

Who's the babe ??

**Cuse0323** · 03-10-20, 11:21 PM

Originally posted by d2bets

How does that fight coronavirus? That's going to make people travel, go to restaurants and stores, etc? No. If people stay home it's not because they don't have the money to do stuff, it's that they think they're gonna die.

Of course the answer is it doesn't, but it's great sales fodder in an election year. I gave you free money!!!!

Now if they want to explore paid sick leave and sick care and stuff like that, I get it. But just to "give" everyone free money is just a ploy.

A ploy that was founded by the left.

**grease lightnin** · 03-11-20, 06:26 AM

Originally posted by d2bets

How does that fight coronavirus? That's going to make people travel, go to restaurants and stores, etc? No. If people stay home it's not because they don't have the money to do stuff, it's that they think they're gonna die.

Of course the answer is it doesn't, but it's great sales fodder in an election year. I gave you free money!!!!

Now if they want to explore paid sick leave and sick care and stuff like that, I get it. But just to "give" everyone free money is just a ploy.

Well...it is fiscal stimulus.

D2 you know I am not a Trump supporter. But dude, as a Democrat you just said the words “free money is just a ploy”

That’s rich, my friend.

**d2bets** · 03-11-20, 08:29 AM

Originally posted by grease lightnin

Well...it is fiscal stimulus.

D2 you know I am not a Trump supporter. But dude, as a Democrat you just said the words “free money is just a ploy”

That’s rich, my friend.

Fiscal stimulus works when people want to go out and spend but don't have money. Here, people generally have money but will not spend because they are literally afraid to go out.

Enabling people to take measures that will hell curb the outbreak makes sense. Meaning paid leave for those who cant work. A payroll tax holiday when those in need will miss payroll is stupid.

Addressing the problem makes sense. The approach we've heard so far is akin to tossing dollar Bill's in the air and hoping it will help, and it wont. Be smart.

**HockeyRocks** · 03-11-20, 09:12 AM

Originally posted by cuse0323

a ploy that was founded by the left.

smh....

**HockeyRocks** · 03-11-20, 09:32 AM

So the next time you here politicians talk about allowing Americans to invest there Social Sucurity funds in Wall Street you can point to the last 4 weeks and say this is the reason you don't...

**grease lightnin** · 03-11-20, 10:50 AM

Originally posted by d2bets

Fiscal stimulus works when people want to go out and spend but don't have money. Here, people generally have money but will not spend because they are literally afraid to go out.

Enabling people to take measures that will hell curb the outbreak makes sense. Meaning paid leave for those who cant work. A payroll tax holiday when those in need will miss payroll is stupid.

Addressing the problem makes sense. The approach we've heard so far is akin to tossing dollar Bill's in the air and hoping it will help, and it wont. Be smart.

Something tells me a fiscal stimulus package of any kind would be fine if it were proposed by a democrat.

I think it would be a good start. A lot of the people affected economically are workers at customer-facing businesses that will not get all the benefit of pent-up demand that comes along with most economic slow downs. IE— if you miss your vacation this year, you’re not going to necessarily double-up on vacations next year.

These types of people spend most of their money and they still will even if they are sitting at home. A payroll tax cut is like a direct injection of money into the economy.

I think it’s safe to say if people start losing their jobs, or if people need medical leave, etc, there will be additional fiscal stimulus.

You are just poo-pooing anything Trump comes up with just like all the Democrats in Congress. .

**grease lightnin** · 03-11-20, 10:52 AM

Originally posted by HockeyRocks

So the next time you here politicians talk about allowing Americans to invest there Social Sucurity funds in Wall Street you can point to the last 4 weeks and say this is the reason you don't...

Yes I agree because morons would sell everything now and buy back at the next all time high.

**chico2663** · 03-11-20, 11:00 AM

Originally posted by grease lightnin

Something tells me a fiscal stimulus package of any kind would be fine if it were proposed by a democrat.

I think it would be a good start. A lot of the people affected economically are workers at customer-facing businesses that will not get all the benefit of pent-up demand that comes along with most economic slow downs. IE— if you miss your vacation this year, you’re not going to necessarily double-up on vacations next year.

These types of people spend most of their money and they still will even if they are sitting at home. A payroll tax cut is like a direct injection of money into the economy.

I think it’s safe to say if people start losing their jobs, or if people need medical leave, etc, there will be additional fiscal stimulus.

You are just poo-pooing anything Trump comes up with just like all the Democrats in Congress. .

dude...I thought you were smarter than this. Explain to me how a person who gets laid off or can't work will benefit from the new tax break on their hourly pay? The people that will be hurting are said people. Not the ones going to work!

**chico2663** · 03-11-20, 11:02 AM

When w gave the money to everyone. The poor spent it on commodities like shoes or clothes. The middle class paid bills. The affluent banked it. If you don't know this than maybe you don't know poor people.

**grease lightnin** · 03-11-20, 11:18 AM

Originally posted by chico2663

dude...I thought you were smarter than this. Explain to me how a person who gets laid off or can't work will benefit from the new tax break on their hourly pay? The people that will be hurting are said people. Not the ones going to work!

There aren’t waves of layoffs at this point, Chico. I said it’s a good start and if things get worse to expect more and more targeted fiscal stimulus.

Please carefully read my post before suggesting that I am not as “smart” as you thought.

Seriously

**chico2663** · 03-11-20, 11:36 AM

Originally posted by grease lightnin

There aren’t waves of layoffs at this point, Chico. I said it’s a good start and if things get worse to expect more and more targeted fiscal stimulus.

Please carefully read my post before suggesting that I am not as “smart” as you thought.

Seriously

This is nothing but a setup to help companies. It is stupid as hell and you should of figured it out. If your engine goes out in your car...you don't start by changing the oil!