Catching a falling knife...

DallasAg 94

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2:09p, 6/16/22

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CanyonAg77

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2:10p, 6/16/22

https://texags.com/forums/57

Tom Doniphon

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2:11p, 6/16/22

Keep your powder dry... the garage sale cometh

Detmersdislocatedshoulder

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2:12p, 6/16/22

there are etf that allow you to bet against the market. so the question is do you believe this is as far as it goes or do you believe that the market is in real trouble? figure that out first before investing.

will25u

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2:13p, 6/16/22

BTC long term. HODL!

FrioAg 00

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2:14p, 6/16/22

Don't let FOMO get the better of you - 3400 or lower will happen

DallasAg 94

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In reply to CanyonAg77 • 2:14p, 6/16/22

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DallasAg 94

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In reply to FrioAg 00 • 2:16p, 6/16/22

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Evanhue

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In reply to DallasAg 94 • 2:20p, 6/16/22

I wouldn't touch this market with a 10' pole. Not as long a Poopy Pants is around.

counter subconscious espionage

rgag12

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In reply to CanyonAg77 • 2:21p, 6/16/22

CanyonAg77 said:
https://texags.com/forums/57

FrioAg 00

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2:22p, 6/16/22

S&P below 3400 (which is 30% off of the high water mark)

I'm not sure if 30%, 40% or 50% is the right number - nor how long the recovery will be - but I feel pretty confident we haven't found the real floor.

Now I do feel you are safe going in as early as now, because typically the floor is about 2X the pull back that we need. So we retrace to about half of what we lost, then stagnate (for various lengths of time).

Just my 0.02

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LMCane

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In reply to DallasAg 94 • 2:37p, 6/16/22

DallasAg 94 said:
They say trying to time the market is like trying to catch a falling knife.

I've got some extra cash burning a hole in my pocket/account that I may want to gamble with.

Should I pick up a stock to flip? If so, which one. So many Tech Stocks are down 8-10% right now. Could be some easy money.

IMO, this is how you Recession.

sorry brother Ag- that is NOT what "catch a falling knife" is.

To catch a falling knife is a phrase used in investing terminology to describe a risky investment strategy. If you buy a stock that is dramatically lowering in value, you do so in the hopes that it will rebound shortly after you purchase it.

selling at the highs is ALSO trying to time the market, and is not the same concept as catching a falling knife.

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CDUB98

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2:40p, 6/16/22

Martin Cash

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In reply to DallasAg 94 • 2:42p, 6/16/22

DallasAg 94 said:
They say trying to time the market is like trying to catch a falling knife.

I've got some extra cash burning a hole in my pocket/account that I may want to gamble with.

Should I pick up a stock to flip? If so, which one. So many Tech Stocks are down 8-10% right now. Could be some easy money.

IMO, this is how you Recession.

Buy My Space.

The heart of the wise inclines to the right, but the heart of the fool to the left. Ecclesiastes 10:2

Showertime at the Bidens

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In reply to CDUB98 • 2:43p, 6/16/22

Catching a falling knife refers to an individual stock not the index.

CDUB98

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In reply to Showertime at the Bidens • 2:44p, 6/16/22

Zarathustra said:

Catching a falling knife refers to an individual stock not the index.

You didn't understand my post.

DallasAg 94

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In reply to LMCane • 2:48p, 6/16/22

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DallasAg 94

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In reply to CDUB98 • 2:48p, 6/16/22

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CDUB98

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In reply to DallasAg 94 • 2:50p, 6/16/22

DallasAg 94 said:
LMCane said:
DallasAg 94 said:
They say trying to time the market is like trying to catch a falling knife.

I've got some extra cash burning a hole in my pocket/account that I may want to gamble with.

Should I pick up a stock to flip? If so, which one. So many Tech Stocks are down 8-10% right now. Could be some easy money.

IMO, this is how you Recession.
sorry brother Ag- that is NOT what "catch a falling knife" is.
I'm looking to buy a distressed stock before the bell... that I can sell before the end of the week to make a 10%+ profit.

Whatever that's called... That's what I'm asking.

Charts
Charts
Charts

Look at the charts.

Where was the price action and volume today? Look there first. Still no guarantee of course.

Also look at TSLA and AMD. Seems like they always have price action and volume going on, but AMD is usually on it's way down.

DallasAg 94

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2:52p, 6/16/22

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CDUB98

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2:52p, 6/16/22

Taking a quick look at the two I mentioned, both look like they still have room to drop, so I'd personally stay away.

DallasAg 94

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In reply to CDUB98 • 2:56p, 6/16/22

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CDUB98

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In reply to DallasAg 94 • 2:57p, 6/16/22

Well, for a quick turnaround, price action and volume are what matter most.

Snagging XOM for a day and getting 0.75% in the upward won't get you much unless you dump tens of thousands in.

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3:09p, 6/16/22

goatchze

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In reply to DallasAg 94 • 3:15p, 6/16/22

DallasAg 94 said:
CanyonAg77 said:
https://texags.com/forums/57
That sight is for Business & Investing.

This thread is about Recessions, Gambling, and the impact of Political decesions.

Is decesions Spanish for decisions?

dunlay

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In reply to Tom Doniphon • 3:17p, 6/16/22

Tom Doniphon said:
Keep your powder dry... the garage sale cometh

My father told me many times, that "in tough times, men with cash can find some very good opportunities".

"Democracy: 2 wolves and 1 sheep deciding one what to have for supper. Liberty: 2 wolves set on supper, and finding 1 well armed sheep."

DallasAg 94

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In reply to goatchze • 3:17p, 6/16/22

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oldcrow91

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In reply to Evanhue • 3:25p, 6/16/22

Evanhue said:
I wouldn't touch this market with a 10' pole. Not as long a Poopy Pants is around.

I've been thinking since November to get back in right before midterms

PDEMDHC

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In reply to Tom Doniphon • 3:29p, 6/16/22

Tom Doniphon said:
Keep your powder dry... the garage sale cometh

We are about to start the bottom of the 1st and down 5 runs. Very early.

ArmyAg97

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In reply to goatchze • 3:30p, 6/16/22

goatchze said:
DallasAg 94 said:
CanyonAg77 said:
https://texags.com/forums/57
That sight is for Business & Investing.

This thread is about Recessions, Gambling, and the impact of Political decesions.

Is decesions Spanish for decisions?

lb3

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In reply to DallasAg 94 • 3:35p, 6/16/22

DallasAg 94 said:
They say trying to time the market is like trying to catch a falling knife.

I've got some extra cash burning a hole in my pocket/account that I may want to gamble with.

Should I pick up a stock to flip? If so, which one. So many Tech Stocks are down 8-10% right now. Could be some easy money.

IMO, this is how you Recession.

Wait until there is blood in the streets and the young people in your office start complaining about their 401k. When everyone else is panic selling, buy.

We're not there yet.

NoahAg

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4:07p, 6/16/22

Someone mentioned CCL on another thread. It's around 8.75 now. 52 week high is about 30. I'm tempted to pick some up and hold.

Let's go, Brandon!

CDUB98

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In reply to NoahAg • 4:49p, 6/16/22

Username checks out