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RWebb 02-24-2020 02:06 PM

he got a new phone tho

his flip phone is now history

flatbutt 02-24-2020 04:36 PM

1000 pts is a good size dip, but remember it's an index average.

Sooner or later 02-24-2020 04:45 PM

14 of the 30 Dow stocks went up.

flatbutt 02-24-2020 05:14 PM

All of my pharma funds went down a couple of points, but I'm still up overall.

masraum 02-25-2020 03:53 AM

~3.5% yesterday. Lets see what today has in store.

Chocaholic 02-25-2020 04:00 AM

I moved a few shekels from cash to stock (funds) late yesterday. Hoping I didn’t jump the gun. I’m confident of a rebound as the strong fundamentals haven’t changed.

sammyg2 02-25-2020 08:18 AM

Roughly a 10% drop on the dow so far, major corrections tend to be in the 15 or 20% range.
But this is a strange deal with the virus causing most of the correction.

Unless all heck breaks looooose, I'm a playa when the dow hits 25,000.
Until then or unless we get some stability, I'm under a rock.

Bill Douglas 02-25-2020 08:29 AM

You guys may have bought WAY too soon. As I mentioned buy gold.

The lead story on UK's Daily mail is Corona Virus Sweeps Europe. Local politics don't come into play when something this big is going on.

RWebb 02-25-2020 11:49 AM

Fedex hasn't dropped as much as I expected. waiting...

pmax 02-25-2020 12:03 PM

Place your bets gentlemen !

Anyone ?

sammyg2 02-25-2020 02:34 PM

Another potential wild-card ...

Quote:

Feb 25 (Reuters) - Federal Reserve Bank of Dallas President Robert Kaplan said on Tuesday events are still too fluid around the coronavirus outbreak to say the U.S. central bank needs to lower short-term rates, the Wall Street Journal reported on Tuesday.

Kaplan said when it comes to central-bank interest-rate policy and the coronavirus, "it's too soon to make a judgment about how it might relate to monetary policy," according to the report.

"I still think we are a number of weeks away from being able to make the judgment" whether a rate change is required, the WSJ reported Kaplan as saying.
(https://on.wsj.com/391l15E) (Reporting by Rishika Chatterjee in Bengaluru; Editing by Shounak Dasgupta)

wildthing 02-25-2020 09:32 PM

With 20 years to retirement, I don’t care about day to day movements. I care that these businesses are still making money 20 years from now...

I was planning to buy some last week but didn’t have time. Maybe I will pull the trigger tomorrow on 5 of the ten stocks on my watch list...

sammyg2 02-26-2020 05:37 AM

the market opened slightly up this morning, but way to early to assume a bottom. I think it might be just a pause on the road to 25,000.
At my age, I'm more than willing to miss potential upside to avoid likely downside.
Besides it's actually kind of cozy under this rock.

ckelly78z 02-26-2020 06:59 AM

DJIA Currently up 400, I think many folks are seeing cheap opportunities, and buying on the dip !

Sooner or later 02-26-2020 07:21 AM

It depends on how much you think Coronavirus will impact supply chains. If a person buys into the hype they should be selling. Don't buy in you should be buying.

craigster59 02-26-2020 07:42 AM

I own some shares of Masimo (Masi) since the IPO. It has performed very well, they are the leading manufacturer of pulse oximeters that measure oxygen saturation and blood gases.

It dropped a bit the last few days, I bought a few more shares since the virus is respiratory, maybe we'll see a bump in sales next quarter.

sammyg2 02-26-2020 07:52 AM

Quote:

Originally Posted by Sooner or later (Post 10764799)
It depends on how much you think Coronavirus will impact supply chains. If a person buys into the hype they should be selling. Don't buy in you should be buying.

See, this is part of what I've struggled with. I tried to predict outcomes in the market based on data, real results, and rational thinking and it didn't always work out well.
But I'm starting to get that it doesn't always matter if it makes sense, it doesn't matter if its rational.
Lately I've had better luck (and that's what it is, luck) when I bet on how the average Joe irrational and emotional investor will act and ignore the fundamentals.

I wish I was smart enough to predict the hedge-fund al-go-rhythms but that ain't gonna happen.

Sooner or later 02-26-2020 07:59 AM

Quote:

Originally Posted by sammyg2 (Post 10764839)
See, this is part of what I've struggled with. I tried to predict outcomes in the market based on data, real results, and rational thinking and it didn't always work out well.
But I'm starting to get that it doesn't always matter if it makes sense, it doesn't matter if its rational.
Lately I've had better luck (and that's what it is, luck) when I bet on how the average Joe irrational and emotional investor will act and ignore the fundamentals.

I wish I was smart enough to predict the hedge-fund al-go-rhythms but that ain't gonna happen.

Trying to guess the market is a losing proposition. Those brokers and hedge funds have rows of cubicles with people looking at trends and data all day long. As an individual you ain't gotta a chance to out guess em.

Don't be greedy. Have a balanced portfolio that is inline with your risk tolerance and rebalance quarterly.

GG Allin 02-26-2020 08:11 AM

dead bounce.

Sooner or later 02-26-2020 08:13 AM

Quote:

Originally Posted by GG Allin (Post 10764865)
dead bounce.

That is my guess.

I am so confident I have made no changes...


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