Pelican Parts Forums

Pelican Parts Forums (http://forums.pelicanparts.com/index.php)
-   Off Topic Discussions (http://forums.pelicanparts.com/forumdisplay.php?f=31)
-   -   Covid Stock Purchase Thread (http://forums.pelicanparts.com/showthread.php?t=1055884)

Chocaholic 03-24-2020 03:07 PM

E-trade. Cheap and easy.

biosurfer1 03-24-2020 03:32 PM

Fidelity....can't get cheaper than free trades!

McLovin 03-25-2020 09:24 AM

Wow, Boeing up 31% today.

McLovin 03-25-2020 09:26 AM

I think this incredible sale may be over . . .

biosurfer1 03-25-2020 09:35 AM

Quote:

Originally Posted by McLovin (Post 10797882)
I think this incredible sale may be over . . .

Possibly...or its the biggest dead cat bounce ever.

I had 5 stocks up 20% yesterday. There is a good chance that will never happen again in my life.

McLovin 03-25-2020 09:38 AM

I just can’t see any reason the market is going to go down to 15. Or even back to 18. The cat was just panicked, not dead.

biosurfer1 03-25-2020 09:40 AM

Quote:

Originally Posted by McLovin (Post 10797897)
I just can’t see any reason the market is going to go down to 15. Or even back to 18. There is no dead cat.

I tend to agree, but what the hell do I know.

KFC911 03-25-2020 09:42 AM

Quote:

Originally Posted by McLovin (Post 10797897)
I just can’t see any reason the market is going to go down to 15. Or even back to 18. The cat was just panicked, not dead.

Other than me getting back in? ....nah :D

I like it just fine where I am...out ;)

McLovin 03-25-2020 09:47 AM

C’mon, we need you! :)

Laneco 03-25-2020 09:48 AM

Quote:

Originally Posted by stealthn (Post 10796834)
Who makes vibrators?

Dangit - there goes another keyboard - LOL! :D

angela

McLovin 03-25-2020 09:51 AM

Quote:

Originally Posted by KC911 (Post 10797905)
Other than me getting back in? ....nah :D

I like it just fine where I am...out ;)

I feel the same as you, though.

I’m very cautious. I think it’s a super fine line between “fortune favors the brave,” and “a fool and his money are soon parted.”

McLovin 03-25-2020 09:53 AM

Quote:

Originally Posted by stealthn (Post 10796834)
Who makes vibrators?

Apparently something called Boeing Co.! :)
http://forums.pelicanparts.com/uploa...1585158782.jpg

GG Allin 03-25-2020 09:56 AM

UPRO or TQQQ on the way back up, if you can stomach it.

schamp 03-25-2020 05:27 PM

Use Schwab.

AFL, SO yesterday

sammyg2 03-26-2020 06:45 AM

Couldn't sit on my hands any longer, back in.
Spread out over funds based on S&P, and some blended funds that are a little more conservative. Not too aggressive, not too greedy.
Prolly early but sometimes you just gotta say what the heck.
Got out at 25k, back in at 22k, if it doesn't fall again I'm good.
Even if it does it'll eventually rebound, just take longer.

biosurfer1 03-26-2020 06:52 AM

I'm still in but definitely worried...anyone see the giant spike in unemployment today?!?

SiberianDVM 03-26-2020 06:58 AM

The stock based portion of my retirement account is down about about 30% during this insanity, or about the total of the gains it made in the last year. Is that about what everybody else is seeing?

The majority of my retirement account is in Treasury bonds, so I'm not freaking out, but I'm not a skilled investor. I just put money in while I was working and plan on leaving it where it is until I need it.

McLovin 03-26-2020 09:34 PM

Quote:

Originally Posted by biosurfer1 (Post 10798863)
I'm still in but definitely worried...anyone see the giant spike in unemployment today?!?

Yes. And the market completely ignored it and broke more records going up today.

That tells me we’re seeing a lot of irrational exuberance.

I’ve changed my outlook from yesterday. I think we are going to see another significant drop.

I went in on Monday but have been sitting since. I’m not putting more in right now. Waiting and watching.

Paul T 03-27-2020 05:54 AM

I always hesitate to make general market predictions, especially when they are saved on the interwebs forever! But, I'll make an exception here. Don't be fooled by the latest rally...stocks really aren't "that" cheap here historically and earnings are going to continue to deteriorate into Q2. Likely we're going to see several NYC style hotspots in the coming weeks with ICU units overwhelmed. Ignoring social distancing in the short term will only exacerbate this. The news in general is not going to be good the next 4-6 weeks, IMO. I would not at all be surprised to see 1800 SPX in the next month or 2. Hope I'm wrong....

onewhippedpuppy 03-27-2020 06:12 AM

I’m pretty rudimentary on this topic but I did yearly IRA contributions and started several new mutual funds on Wednesday. All long term outlook so I’m not bothered if we have some peaks and valleys over the coming weeks. I think our economy is going to catch fire once all the virus stuff passes, and I think you’ll see a huge (UGE!) government push to bring a number of manufacturing sectors back to the USA.


All times are GMT -8. The time now is 03:03 PM.

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2025, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2025 Pelican Parts, LLC - Posts may be archived for display on the Pelican Parts Website


DTO Garage Plus vBulletin Plugins by Drive Thru Online, Inc.