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

pmax 02-28-2020 11:45 AM

Quote:

Originally Posted by Bill Douglas (Post 10767329)
More like they have peed their pants with fright.

Only if they are biological !

http://forums.pelicanparts.com/uploa...1582923873.jpg

5x5% moves in one day ... WS is making a killing.

sammyg2 02-28-2020 12:10 PM

Quote:

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

Boy you got that right.
All day, riding it up and down like a see-saw, and then gobbling up the good stuff right at the finish line to end the month. And that was just me! ;)

If they spread bad news over the weekend I expect it to find a new bottom on Monday. If they don't, I'm cautiously optimistic.
What am I saying, of course they'll spread bad news. Why would they do otherwise?

GG Allin 02-28-2020 12:12 PM

I wanted some cheap Spiders, I'll have to wait.

varmint 02-28-2020 12:57 PM

Quote:

Originally Posted by Bill Douglas (Post 10763732)
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.




Gold is flopping all over the place.

ckelly78z 02-28-2020 01:10 PM

I fooled around with day trading today on small pharma NASDAQ stocks (under $1.00). Buying the dips, and selling the spikes earned me 115% today (including AH, and PM trading).

These stocks are working on the Corona Virus vaccine, and due to me losing nearly 15% on my 401K this week, I didn't see the problem with making some $$ off of this crisis !

Bill Douglas 02-28-2020 01:19 PM

I'm a fan of Auckland airport shares. i'm in it with about the same value as a nice apartment. i'm more of a buyer than a seller, so I never sell although I know I should.

So far the "apartment" has lost the kitchen and maybe one bedroom :(

varmint 02-28-2020 01:25 PM

Not going to get a good mistress if all you can afford is To put her up in a studio.

Bill Douglas 02-28-2020 01:55 PM

THAT's a fact.

RWebb 02-28-2020 03:21 PM

The real issue here is the lack of digressive valving on the shock absorbers for the stock market.

flatbutt 02-29-2020 05:00 AM

My "digressive valving" is in the form of diversification. I've weathered many market storms but this one is gonna hurt.

Sooner or later 02-29-2020 05:13 AM

Long term bonds are killing it.

Fidelity Long term treasury index is up over 12% ytd and 22% over the last year.

I am sure Tabs will chime in.

craigster59 02-29-2020 07:10 AM

I've been wanting to take advantage of some of the "dips" but working on set I've been using the Robin Hood app. Transferred money to my account on Monday, still not there today (Saturday). That shyte moves at a glacial pace.

Watch, there will be a 4 digit gain in the market on Monday unless the MSM keeps up with the "Doom and Gloom".

sammyg2 02-29-2020 11:39 AM

Quote:

Originally Posted by Sooner or later (Post 10767961)
Long term bonds are killing it.

Fidelity Long term treasury index is up over 12% ytd and 22% over the last year.

I am sure Tabs will chime in.

I've had some of VBMPX, Vanguard Total Bond Market Index Fund Institutional Plus Shares among several bond funds for quite a while.
It's never dazzed, but did OK and helped maintain a conservative balance
Domestic Stock................36%
Foreign Stock...................13%
Bonds..............................42%
Short Term.........................9%

this does not include my side "for play" portfolio which is all over the place.
Plus i like that fund because the expense ratio is almost zip.
But after yesterday I found myself wishing I had a little more VBMPX.
Oh well.
Dumbest thing to do now would be to re-balance for a more conservative position and give away the recovery.
I hope ;)

If anything, I should dump the bonds and get back into growth and tech. Which i won't.

RWebb 02-29-2020 11:55 AM

I'll buy more growth & tech pretty soon

market was obviously at a high P/E for the last few months, so I took a small amt. out to cash - waiting to see if we are really near a bottom (or the bottom)

and yes, I have too aggressive an allocation

also have too much motor in the 911

sammyg2 03-01-2020 07:46 PM

http://forums.pelicanparts.com/uploa...1583124184.jpg


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<iframe width="661" height="372" src="https://www.youtube.com/embed/ynnAW-eGuxY" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

Sooner or later 03-01-2020 08:12 PM

Asian markets up about a percent.

Chocaholic 03-02-2020 03:50 AM

Quote:

Originally Posted by Sooner or later (Post 10769536)
Asian markets up about a percent.

Great news. Perhaps common sense is contagious. :D

Chocaholic 03-02-2020 04:00 AM

And this...

The stock market is showing signs of life after the worst week since the 2008 recession. Dow Jones Industrial Average (DJIA) futures soared an astonishing 500 points higher overnight before settling 221 points up.

Headlines this morning focus on the wave of central bank stimulus coming. But the real safety net may come from Trump himself. According to Credit Suisse, the White House will likely step in with fiscal policy to counter the coronavirus impact.

sammyg2 03-02-2020 07:23 AM

Note that I think the market should be recovering and gaining back, but ...
  • I see the WHO getting caught up in their own rhetoric and almost TRYING to cause a panic.
  • I see lots of people in this country trying to hype the crisis for personal benefit.
  • I see morons making a run on costco shelves.

Until that starts to die down, i don't believe we'll see sustained recovery.
Again, hope I'm wrong and I probably am.

Jon B 03-02-2020 07:50 AM

Quote:

Originally Posted by sammyg2 (Post 10769808)
I see the WHO getting caught up in their own rhetoric and almost TRYING to cause a panic.

https://qph.fs.quoracdn.net/main-qim...c369b86c908a76


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