Stock market REALLY getting lit up today so far. Down 2300.. WOW..
Dow is gonna go under 20 gees probably..
Dow is gonna go under 20 gees probably..
-
Comment -
I bought the wrong option on Friday. I knew the market was going down today but fukked up my options. Instead of making $10k, I lost $3k. Fukk me.
I don't know how I did that shit?
Comment -
Every time these fukks talk the stock market plunges. Dow just went down another 600 points in the last 20 minutes.
Comment -
wow down 2999 pts. todayComment -
Orange swamp creature on TV said CV response could last til August ????????
Put your DOW 10K rally hats on folks
Last edited by Shafted69; 03-16-20, 05:13 PM.Comment -
MGM dropped 40%Comment -
Okay, okay... Most of the time these folks speak. I really didn't mean Trump. I meant these doctors. I'm not trying to make a political statement.
This is the worst day in the history of the Nasdaq. I cashed 30% of my portfolio a month ago and another 40% last week. The remaining 30% is getting it's ass kicked.Comment -
people destroyedComment -
OOPS
Comment -
Stocks up a bit in after hours trading. Looks like about 1% so far. Hopefully it can recover some of today's losses.Comment -
Comment -
There is a lot of money to be made when there's panic in the streets.
I think we're going to see even more downside to this market. Probably go up a bit every few days with wide swings but slowly gap down the next few weeks. Have cash ready and only place well timed puts (which I screwed up). This is phase 2, where things shut down. Phase 3 will be once we start testing a lot of people and get a grip on the true numbers of cases. We'll still be basically quarantined in place. Phase 4 will be once the numbers of cases start to go down, either by 50% of the population getting it and recovering or we nip it with effective quarantines. That's when you want to reinvest. Right before the recovery, when things start to go to normal. We'll hear something like a vaccine or a few cities going back to normal and the markets will blow up.Comment -
We're not even at pre Trump election levels folks.
We haven't even lost 3.5 recent years of frothy gains.
LMAOOOOOO
I just wish the Fed had held something back and treated this like a health issue, not a market and economic issue, so quickly.Last edited by KVB; 03-16-20, 04:18 PM.Comment -
My bold prediction:
By the end of this week once people realize it's just as bad here as it is in Italy and Doctors have to choose who lives and who survives, massive panic ensues. Next Monday (March 23rd) we will see one of the largest stock sell offs in history.
We will probably hit 2 or 3 circuit breakers that day.
I have a lot of crazy predictions running around in my head though, so please feel free to ignore me.
Comment -
Just hang on to your stock they'll all rebound in time..
Check back in 6 months to year and the Dow will be right back to 30,000 that is if Biden doesn't get elected and force new regulations on companies like Obama did.Comment -
I think that day is coming. I don't think it's that soon though. Maybe 2 or 3 weeks but we're going to find out someone very well known has died and the hospitals will say they are overwhelmed and then the panic sell off. This market's not going up anytime soon. Most likely June/July.My bold prediction:
By the end of this week once people realize it's just as bad here as it is in Italy and Doctors have to choose who lives and who survives, massive panic ensues. Next Monday (March 23rd) we will see one of the largest stock sell offs in history.
We will probably hit 2 or 3 circuit breakers that day.I have a lot of crazy predictions running around in my head that I have though, so please feel free to ignore me.Comment -
only winner i have jibbs gave out. aalComment -
Where is the bottom?
21
20
19
18
17
16
15?Comment -
Well that day will never come. If you have the insurance and are in network you get the treatment.My bold prediction:
By the end of this week once people realize it's just as bad here as it is in Italy and Doctors have to choose who lives and who survives, massive panic ensues. Next Monday (March 23rd) we will see one of the largest stock sell offs in history.
We will probably hit 2 or 3 circuit breakers that day.
I have a lot of crazy predictions running around in my head though, so please feel free to ignore me.
If you are without citizenship or uninsured you get admitted but....end of the line buddyComment -
nonsense
if you're not tripping over yourself to buy wynn at 54 (down from 200), mgm at 10 (down from 35), penn at 8 (down from 39) then i don't know what to tell you.
probably never been a better opportunity in the history of the market to buy these casino stocks
country could shut down for an entire year and these things would still be cheapComment -
the panic was so great today that i sold a shitload of penn $3 puts (expiring in april) for .80-.85
someone was really paying me .85/share for the right to sell the stock for $3 in a month! even if it drops to 2.20 from 8.50 (not gonna happen since their normal earnings are $2/share/year) i'm still aheadComment -
dow futures up 700Comment -
Markets won't recover. Until china recovers. Or supply chains relocate outside china.
News about china's patient count dropping is fake btw.
They welded patients inside apartments to avoid putting them in hospital beds.
That's where their "recovery" came from.Comment -
When there is no commerce and no travel. Not a person leaving the house. Buying only the basics, like always.
How can you see a recovery any time soon?
The curve is exponentially rising.............Comment
