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24,642,581 Views | 233293 Replies | Last: 3 hrs ago by Heineken-Ashi
BrokeAssAggie
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VIX making new highs while the market doesn't move much. Not sure what that means.
McInnis 03
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AG
LMCane said:

McInnis 03 said:

McInnis 03 said:

McInnis 03 said:

Amzn 2500p depending on cost could be an interesting lotto
Anyone take this? It's more than doubled and looks ripe to flourish here.
Good grief, I know nobody still has this, but dayum.
I bought AMZN today at 2538
Wong way jose
Charismatic Megafauna
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AG
I would think it means puke incoming, but that can't possibly be, because in the post right above yours i clearly predicted a reversal
Brian Earl Spilner
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Well if we're gonna bounce it's gotta happen soon.
BrokeAssAggie
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Agree ViX right at $32
Ag CPA
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For everyone sitting on cash, where is your current jump-in point? Lately I have been looking at S&P 4000 but I am starting to lean toward 3700-3800; things are moving too fast and could get sloppy next week with the Fed decision.
aggieland09
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AG
Ag CPA said:

For everyone sitting on cash, where is your current jump-in point? Lately I have been looking at S&P 4000 but I am starting to lean toward 3700-3800; things are moving too fast and could get sloppy next week with the Fed decision.
Million dollar question. I'd like to hear peoples thoughts as well on when to get back in.
jefe95
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What a roller coaster this week.
Brian Earl Spilner
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BrokeAssAggie
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ok, for real. we bounce this time. right here.
SF2004
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Ag CPA said:

For everyone sitting on cash, where is your current jump-in point? Lately I have been looking at S&P 4000 but I am starting to lean toward 3700-3800; things are moving too fast and could get sloppy next week with the Fed decision.
4060 for the next short term bounce.

3800ish longer term bottom.
MaroonDynasty
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Remember guys, go away in May.
CheladaAg
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MaroonDynasty said:

Remember guys, go away in May.


I think that was supposed to be April. Maybe fast forward a month?
Bob Knights Paper Hands
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In my long-term accounts I had 65% in cash. My plan was to move back in 5 tranches (roughly 13% of total account value). I moved the first tranche in this week before earnings. I will likely do another around 4000 and a third if we dip under 3800. I feel better about stepping back in so that I don't have to stress so much about interpreting when the bottom is in.

These are also long-term accounts and I'll be buying VOO and a Value fund. If this was <10 year holds or I was targeting individual stocks, I might do it differently.
BrokeAssAggie
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SPY wants $410 today...
Farmer @ Johnsongrass, TX
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Okay. Whoever left the "Sell" spigot turned on, please go back and turn it off.

Wow!

Good news! My Pentium III / Microsoft Windows XP was released from the computer hospital today. It lives! Doubled the RAM and a new power switch. Trivia, my CRT monitor weighs enough to set off the seatbelt alarm in my Tahoe.

Stick a fork in April.
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SF2004
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AG
This is absurd...

Surely we are getting close to a short term bottom.
$30,000 Millionaire
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Yowza!
You don’t trade for money, you trade for freedom.
BoydCrowder13
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SoupNazi2001 said:

Ag CPA said:

For everyone sitting on cash, where is your current jump-in point? Lately I have been looking at S&P 4000 but I am starting to lean toward 3700-3800; things are moving too fast and could get sloppy next week with the Fed decision.


S&P 3400 to 3850
Pre Covid high on S&P was 3393. I think we will at least test that level.


A 30% pull back from highs?
utah, get me two
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I was gone for 2 hours the hell happened
Farmer @ Johnsongrass, TX
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Well,....do we play the inflation card or the recession card next week?
$30,000 Millionaire
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SF2004 said:

This is absurd...

Surely we are getting close to a short term bottom.


We are.
You don’t trade for money, you trade for freedom.
sts7049
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Farmer @ Johnsongrass, TX said:

Okay. Whoever left the "Sell" spigot turned on, please go back and turn it off.

Wow!

Good news! My Pentium III / Microsoft Windows XP was released from the computer hospital today. It lives! Doubled the RAM and a new power switch. Trivia, my CRT monitor weighs enough to set off the seatbelt alarm in my Tahoe.

Stick a fork in April.


did you upgrade yet to a 56k modem? makes all the difference
Bonfire97
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Quote:

For everyone sitting on cash, where is your current jump-in point? Lately I have been looking at S&P 4000 but I am starting to lean toward 3700-3800; things are moving too fast and could get sloppy next week with the Fed decision.
The indicator I use is this: If the office coffee pot talk and lunch talk has everyone making comments like:

"Man, I guess I am never going to be able to retire",
"I am so screwed. What do you do with your money?"
"I am not sure what to do, I feel like selling it all and never buying stocks again, but I can't lose all this money",

that's what I want to hear.

I am not hearing that stuff, yet. It is still in the partial denial stage it seems like. Comments now are like "Wow, the market really went down today, but it seems like it rebounds, so I am not sure what to think.".

I like to put my money in when it seems like everyone thinks the sky is falling and they are totally done without a chance of recovery. Total desperation is what I look for.
Bob Knights Paper Hands
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The selling doesn't surprise me. I don't want to hold anything over the weekend either. I still think we get a good bounce soon.
Farmer @ Johnsongrass, TX
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SoupNazi2001 said:

BoydCrowder13 said:

SoupNazi2001 said:

Ag CPA said:

For everyone sitting on cash, where is your current jump-in point? Lately I have been looking at S&P 4000 but I am starting to lean toward 3700-3800; things are moving too fast and could get sloppy next week with the Fed decision.


S&P 3400 to 3850
Pre Covid high on S&P was 3393. I think we will at least test that level.


A 30% pull back from highs?


It's a bear market. That's about the average drawdown in a bear market.
This is the second time in 3 days you have posted, it's a bear market; however, that statement could be taken out of context as part of an explanation, just as above. Just for clarity, are you declaring we are in a bear market or expounding what it takes to be in a bear market from the replies above?
BoydCrowder13
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Farmer @ Johnsongrass, TX said:

SoupNazi2001 said:

BoydCrowder13 said:

SoupNazi2001 said:

Ag CPA said:

For everyone sitting on cash, where is your current jump-in point? Lately I have been looking at S&P 4000 but I am starting to lean toward 3700-3800; things are moving too fast and could get sloppy next week with the Fed decision.


S&P 3400 to 3850
Pre Covid high on S&P was 3393. I think we will at least test that level.


A 30% pull back from highs?


It's a bear market. That's about the average drawdown in a bear market.
This is the second time in 3 days you have posted, it's a bear market; however, that statement could be taken out of context as part of an explanation, just as above. Just for clarity, are you declaring we are in a bear market or expounding what it takes to be in a bear market from the replies above?


And technically a bear market is 20% down by definition. We have just been averaging 30% down due to the big ones (08, Dotcom, Black Monday).
Farmer @ Johnsongrass, TX
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It's my offline jewel. Hasn't been connected to the net in 18 years. I do my private financial stuff on it. And, it's done in LOTUS123 (I am proficient in Excel through pivot tables) but I love this old stuff.
aggiedaniel06
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ProgN said:

IIRC, it was a post that was very critical about moderation. That's a no-no if you already have 1 foot in the doghouse.


Tbh, I'm with the mods on this one. Elliot wavers are ban worthy!
Charismatic Megafauna
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Ah jeez, an aggiedaniel sighting. We're scrood
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