So vix to $40
Stock Markets
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Last: 30 min ago by Heineken-Ashi
I bet you're fun at parties!Ag CPA said:
For those of you experiencing your first real bear market (2020 does not count) the thing that crushes souls is not necessarily the market drops; yes most stocks will eventually recover and you will get your money back and make some more. It is the passage of time, the agonizing amount of time it can take to bottom out, slowly move back up, go back down again... This reversal could take years, like it did in 2000 and 2008 and waiting around while your dreams turn into years is demoralizing.
Anyways, happy Friday.
I'm down like everyone else but what is comic relief is watching people in awe like "how could this happen".
We shut down supply chains and economy then pumped funny money into the economy.
Some countries are still shutting down crap.
In 2020 if anyone of you was around a discretionary hobby (for me it was sports/collectibles) you saw the absurd run up with all the free money.
We shut down supply chains and economy then pumped funny money into the economy.
Some countries are still shutting down crap.
In 2020 if anyone of you was around a discretionary hobby (for me it was sports/collectibles) you saw the absurd run up with all the free money.
Ag CPA said:
For those of you experiencing your first real bear market (2020 does not count) the thing that crushes souls is not necessarily the market drops; yes most stocks will eventually recover and you will get your money back and make some more. It is the passage of time, the agonizing amount of time it can take to bottom out, slowly move back up, go back down again... This reversal could take years, like it did in 2000 and 2008 and waiting around while your dreams turn into years is demoralizing.
Anyways, happy Friday.
I would add that the crushing aspect is running out of cash to buy more equities as the market continues to drop down.
nearly there- will have to revert to DCA every two weeks at pay day.
AAPL approaching 135. SPY 384. MSFT 248. break and we could see some sparks fly up. I want confirm break from all 3. Otherwise I expect MSFT to drag it back down again.
3 checkmarks. Come on hold!
3 checkmarks. Come on hold!
During the dot com bubble/burst, I made a paper trade that would have made millions - KANA SOFTWARE.
http://www.fundinguniverse.com/company-histories/kana-software-inc-history/
I think it went public and shot up to a ten bagger (I think) and within 24 months was out of business. At the top, it was unthinkable that it would fall so far but it did. Watching a lot of the tech stocks over the last few years, that's been in the back of my mind. There were a lot of similar examples during the dot com bubble.
http://www.fundinguniverse.com/company-histories/kana-software-inc-history/
I think it went public and shot up to a ten bagger (I think) and within 24 months was out of business. At the top, it was unthinkable that it would fall so far but it did. Watching a lot of the tech stocks over the last few years, that's been in the back of my mind. There were a lot of similar examples during the dot com bubble.
SF2004 said:
I'm down like everyone else but what is comic relief is watching people in awe like "how could this happen".
We shut down supply chains and economy then pumped funny money into the economy.
Some countries are still shutting down crap.
In 2020 if anyone of you was around a discretionary hobby (for me it was sports/collectibles) you saw the absurd run up with all the free money.
Uh, NFTs of Snoop Dogg's House for a million dollars a few months ago?
Snoop Dogg Sells over $44 Million worth of Stash Box NFT
As first reported by Dan Runcie's Trapital, Snoop Dogg had already sold over 8,000 Stash Box NFTs as of Monday.
Feb 15, 2022
OK everyone...find that inner self
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
I'm trying to be positive, I am fortunate to even have money to lose
They are going to get this thing back to even for the day, aren't they..
you say this like it is a bad thing. Why do you hate America?BrokeAssAggie said:
They are going to get this thing back to even for the day, aren't they..
Did you buy puts
no. bag holding some calls. Just tired of the back and forth for the last 8 weeks.utah, get me two said:
Did you buy puts
Farmer @ Johnsongrass, TX
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Maybe there's a difference between bloated Growth Tech stocks with high PE's and Value stocks with normal PE's. One is getting a correction and the other is prospering. One is based on a promise and the other delivers the goods. Just a thought.. Value stocks aren't sexy, but I'm still mooing and my windows remained unlocked. I respectfully disagree, we aren't in a bear market. We're at minimum 2,000 points away. This is a cyclical bear market within a bull market mega trend. The bull remains intact.Ag CPA said:
For those of you experiencing your first real bear market (2020 does not count) the thing that crushes souls is not necessarily the market drops; yes most stocks will eventually recover and you will get your money back and make some more. It is the passage of time, the agonizing amount of time it can take to bottom out, slowly move back up, go back down again... This reversal could take years, like it did in 2000 and 2008 and waiting around while your dreams turn into years is demoralizing.
Anyways, happy Friday.
TSLA is being a bit of a late bloomer on this run up.
I've got first time stock investing friends telling me they are going to buy in if it drops further. I think we are seeing the beginning of the bottom. People buying as it goes lower.
lots of volume coming in on SPY
Welp that worked...FINALLYFJ43 said:
So today I got stopped out of my SPY shorts and obviously Mrs FJ would have had a new car by now. Don't tell her its our secret.
Didn't expect this move today at all.....but thats the markets.
I am moving to next week options - calls on SPY
.98 to 1.68.... I AINT SELLING !!!
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
ON looks like it has to hit 60 next week. Almost flat on today and bounced off the 50 day EMA
BrokeAssAggie said:
They are going to get this thing back to even for the day, aren't they..
Yes, annoying the crap out of me with this down then up stuff all week. Let's get this crash over with.
Close above $390!!
SPY 392.56 is my line now or we go back down lower I think.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Farmer @ Johnsongrass, TX
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XOM should have no problem hitting $95 next week.
Y'all have a great weekend!
Moo!
BTHOOleMiss!
Y'all have a great weekend!
Moo!
BTHOOleMiss!
Someone got lucky with lottos into close.....wasn't me but you know they are out there.
Holy cow SPY expiring 390C went from .02 to .44 in nothing flat
Holy cow SPY expiring 390C went from .02 to .44 in nothing flat
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
I don't even want to know what kind of .gifs you guys have been posting to spark a rally this large, but I'm just thankful the mods are deleting them before anyone accidentally opens them on their work computer
aaand we are green.
guiltyJ.P. 03 said:
I don't even want to know what kind of .gifs you guys have been posting to spark a rally this large, but I'm just thankful the mods are deleting them before anyone accidentally opens them on their work computer
Same, thanks to that nice TQQQ dip and recovery.BrokeAssAggie said:
aaand we are green.
Bob Knights Paper Hands
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bmks270 said:
I've got first time stock investing friends telling me they are going to buy in if it drops further. I think we are seeing the beginning of the bottom. People buying as it goes lower.
Or we don't bottom out until the folks buying in the 3800-4000 range get tired of those bags losing value everyday, capitulate, and sell them to push us further down.
Farmer @ Johnsongrass, TX
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Yes as an answer to your first statement.SoupNazi2001 said:Farmer @ Johnsongrass, TX said:Maybe there's a difference between bloated Growth Tech stocks with high PE's and Value stocks with normal PE's. One is getting a correction and the other is prospering. One is based on a promise and the other delivers the goods. Just a thought.. Value stocks aren't sexy, but I'm still mooing and my windows remained unlocked. I respectfully disagree, we aren't in a bear market. We're at minimum 2,000 points away. This is a cyclical bear market within a bull market mega trend. The bull remains intact.Ag CPA said:
For those of you experiencing your first real bear market (2020 does not count) the thing that crushes souls is not necessarily the market drops; yes most stocks will eventually recover and you will get your money back and make some more. It is the passage of time, the agonizing amount of time it can take to bottom out, slowly move back up, go back down again... This reversal could take years, like it did in 2000 and 2008 and waiting around while your dreams turn into years is demoralizing.
Anyways, happy Friday.
You don't think we are in a bear market because one index compromised of 30 stocks isn't off 20%. The vast majority of stocks have been in a bear market a long time. Large caps are finally catching up last as they always do.
So,...was it a Bear Market today or OPEX? I'm confused..
We agree to disagree.
Today setting up into close as an RDR
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Closing Update: Huge 70 point rally right off todays 3805-15 support. Importantly, #ES_F cleared 3855 resistance, which gives bulls room to run this next week (4035+). Newsletter out Sunday evening discussing full plan-trajectory from last nights in play https://t.co/zS20sba61S
— Adam Mancini (@AdamMancini4) May 20, 2022
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
LFG Tom!
Full article:
https://www.marketwatch.com/story/the-technician-who-called-the-2020-market-bottom-says-a-shocking-rally-is-in-store-11653043583
Full article:
https://www.marketwatch.com/story/the-technician-who-called-the-2020-market-bottom-says-a-shocking-rally-is-in-store-11653043583
Noted and legendary technician Tom DeMark calls a bottom today! pic.twitter.com/LZrQvCfukW
— Will Meade (@realwillmeade) May 20, 2022