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-   -   buy on the bump (http://forums.pelicanparts.com/off-topic-discussions/1053464-buy-bump.html)

tabs 02-27-2020 01:16 PM

Quote:

Originally Posted by Bill Douglas (Post 10766316)
As I said local politics have nothing to go with it. coronavirus is GLOBAL.


Here's some sand for some of you guys


http://forums.pelicanparts.com/uploa...1582840525.jpg

"Just in time supply chains could collapse" as a geographical area could get hit shutting down those parts suppliers. The US auto makers buy 11.6B in auto parts from China...Which is about 3 plus times the next nations supply of parts from China. There in lies the problem if a disruption occurs as a local economy could get hit hard. This VULNERABILITY is a further case against Globalization, and a furtherance of NATIONALISM.

If you recall I talked about it in 09, as a hegemonic nation* like the US loses power Chaos and FRAGMENTATION results...Fragmentation equals Nationalism as each nation seeks to protect it's own.

*The real hegemonic power of the US has been it's Globalized Economy. Where everybody is intertwined with everyone else under the rubric of the USA..and it's central pillar the USD as Reserve Currency.

RWebb 02-27-2020 01:31 PM

Here is an investor finding some xlnt. values by bottom fishing....


http://forums.pelicanparts.com/uploa...1582842618.gif

GG Allin 02-27-2020 02:12 PM

BTW, I'll buy the dip, not the bump, just sayin'.

HardDrive 02-27-2020 04:52 PM

The potential drags on the market are very real.

I smell a buying opportunity.

GG Allin 02-28-2020 05:16 AM

Quote:

Originally Posted by HardDrive (Post 10766582)
The potential drags on the market are very real.

I smell a buying opportunity.

Just wait until that schitt starts to spread state side, and it will. We haven't seen the bottom yet.

Sooner or later 02-28-2020 05:37 AM

Quote:

Originally Posted by GG Allin (Post 10766929)
Just wait until that schitt starts to spread state side, and it will. We haven't seen the bottom yet.

Media is licking it's chops.

flatbutt 02-28-2020 05:54 AM

sacred feces this is more than just a correction.

cabmandone 02-28-2020 06:03 AM

Just got off the phone with my account. Wanted to know what the max contribution is for a SEP IRA. Cover me boys! I'm going in!! Not today but I'll probably do a trade that will post on Monday. One of my more aggressive funds has Apple, Microsoft and a few others that have been hit hard.

fintstone 02-28-2020 06:14 AM

Wish I had some cash to invest here...but just cashed out about 35% of my 401K and with than and my savings...bought a house for cash (and renovated it)...so I am very illiquid. I was regretting the move and crying about paying all the taxes...but not so much now.

GG Allin 02-28-2020 06:15 AM

S&P is at Jan '18 levels.

Sooner or later 02-28-2020 06:18 AM

Into the valley of death rode the S&P 500.

2889

GG Allin 02-28-2020 06:25 AM

I'm holding out for sub 2750.

sammyg2 02-28-2020 06:32 AM

It's almost as if some people WANT the market and economy to crash.
Weird.

fintstone 02-28-2020 06:37 AM

"never let a good crisis go to waste"?

sammyg2 02-28-2020 06:41 AM

Especially if it's manufactured.

Sooner or later 02-28-2020 06:41 AM

I am a rubbernecker. "Holy cow, look at that wreck up ahead!"

sammyg2 02-28-2020 07:28 AM

my investments and assets are worth the same (as of close yesterday) as on February 6th, 2020 and are up YTD.
So I've lost three weeks.
Where does time go? ;)

http://forums.pelicanparts.com/uploa...1582907533.jpg

pmax 02-28-2020 08:39 AM

Like I said, day trader's wet dream.

Bill Douglas 02-28-2020 11:27 AM

Quote:

Originally Posted by pmax (Post 10767167)
Like I said, day trader's wet dream.

More like they have peed their pants with fright.

RWebb 02-28-2020 11:29 AM

I hope you boyz maintain a list of stocks to buy in times like these...


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