Author Topic: New To Investing Thread (Read 338289 times)

steve dave · « **Reply #2400 on:** March 12, 2020, 07:00:55 AM »

Futures trading halted for the second time this week. So that’s something you don’t often see.

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steve dave · « **Reply #2401 on:** March 12, 2020, 07:02:51 AM »

Quote from: DaBigTrain on March 11, 2020, 02:32:55 PM

I’m buying every last bitcoin I can right now at discount prices.

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steve dave · « **Reply #2402 on:** March 12, 2020, 07:03:24 AM »

Quote from: catastrophe on March 11, 2020, 11:01:18 PM

And I’m tapped out after investing in a brewery. My timing has not been great guys.

That seems like pretty great timing tbh

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steve dave · « **Reply #2403 on:** March 12, 2020, 09:15:53 AM »

the trading curbs have been doing a pretty good job of slowing panic selling. both times the market has stabilized when they hit. haven't hit the level 2 either time. obviously not a lot of data points to go on. tons of this stuff is robo buying/selling extending runs both up and down.

DaBigTrain · « **Reply #2404 on:** March 12, 2020, 11:54:42 AM »

Quote from: steve dave on March 12, 2020, 07:02:51 AM

Quote from: DaBigTrain on March 11, 2020, 02:32:55 PM
I’m buying every last bitcoin I can right now at discount prices.

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chum1 · « **Reply #2405 on:** March 12, 2020, 12:15:56 PM »

I bought stock thinking this illness would come and go in a few months. Now, I'm starting to worry that some unforeseen chain of events is going to crash the stock market down to zero.

DaBigTrain · « **Reply #2406 on:** March 12, 2020, 12:55:12 PM »

Printing money out of thin air.

https://twitter.com/newyorkfed/status/1238147299592765441

chum1 · « **Reply #2407 on:** March 12, 2020, 01:38:52 PM »

Quote from: chum1 on March 12, 2020, 12:15:56 PM

I bought stock thinking this illness would come and go in a few months. Now, I'm starting to worry that some unforeseen chain of events is going to crash the stock market down to zero.

See!

https://twitter.com/laseptiemewilay/status/1238149867668725760

catastrophe · « **Reply #2408 on:** March 12, 2020, 02:18:04 PM »

Drawing comparisons to 2008, which was a rough time for the economy but also a time that lots of folks are now kicking themselves for not investing at the time.

steve dave · « **Reply #2409 on:** March 12, 2020, 02:31:53 PM »

here's the deal, this bull was about spent no matter how you look at it. trump's tax plan probably added 2+ years to it. the first negative catalyst that came along was going to crater it. the virus just happens to be the one that happened along. A bernie nomination and then presidency would have had a similar impact. not at this steep of a drop but probably ended at the same place. we'll probably go into recession for the next few years and then bring out a nice fresh young bull.

steve dave · « **Reply #2410 on:** March 12, 2020, 02:39:05 PM »

wild guess is that S&P goes to 2,000 at some point and hangs out for awhile. I'm just going to keep throwing money at it.

DaBigTrain · « **Reply #2411 on:** March 12, 2020, 07:39:26 PM »

Quote from: DaBigTrain on March 12, 2020, 11:54:42 AM

Quote from: steve dave on March 12, 2020, 07:02:51 AM
Quote from: DaBigTrain on March 11, 2020, 02:32:55 PM
I’m buying every last bitcoin I can right now at discount prices.

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steve dave · « **Reply #2412 on:** March 12, 2020, 08:20:47 PM »

RIP In Peace

steve dave · « **Reply #2413 on:** March 12, 2020, 08:21:42 PM »

If it makes you feel better every single person on this earth also is getting their asses whipped. Except subscribers to the kk sd text message insider wall street chain

Quote from: steve dave on February 21, 2020, 07:13:47 AM

if you subscribe to the sd kk newsletter text message chain you'd know there were high level insider wallstreet types that are already making some moves to protect their assets from the inevitable bernie sanders driven market collapse.

Kat Kid · « **Reply #2414 on:** March 12, 2020, 09:00:29 PM »

I feel bad saying how much money I have made off this thing.

sys · « **Reply #2415 on:** March 12, 2020, 09:06:06 PM »

Quote from: Kat Kid on March 12, 2020, 09:00:29 PM

I feel bad saying how much money I have made off this thing.

you don't get too many of these kind of wins in a lifetime. don't hold back.

KITNfury · « **Reply #2416 on:** March 12, 2020, 09:12:18 PM »

Quote from: steve dave on March 12, 2020, 08:21:42 PM

If it makes you feel better every single person on this earth also is getting their asses whipped. Except subscribers to the kk sd text message insider wall street chain

Quote from: steve dave on February 21, 2020, 07:13:47 AM
if you subscribe to the sd kk newsletter text message chain you'd know there were high level insider wallstreet types that are already making some moves to protect their assets from the inevitable bernie sanders driven market collapse.

Not everybody

steve dave · « **Reply #2417 on:** March 12, 2020, 10:14:01 PM »

KITN, welcome to the resistance

IPA4Me · « **Reply #2418 on:** March 12, 2020, 10:19:02 PM »

Man, that 401k rollover cash is gonna play real nice. Thankful I didn't go all in at rollover date.

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catastrophe · « **Reply #2419 on:** March 12, 2020, 10:47:24 PM »

Quote from: sys on March 12, 2020, 09:06:06 PM

Quote from: Kat Kid on March 12, 2020, 09:00:29 PM
I feel bad saying how much money I have made off this thing.

you don't get too many of these kind of wins in a lifetime. don't hold back.

Yeah we're all just observers around the craps table of life here. High or low rollers we're all on the same team.

Kat Kid · « **Reply #2420 on:** March 12, 2020, 11:26:50 PM »

My previous portfolio is down 26%
My current is down 7%

From market peak which is very close to when I made this move.

DaBigTrain · « **Reply #2421 on:** March 13, 2020, 12:01:08 AM »

https://twitter.com/arrington/status/1238310048474058752

Spracne · « **Reply #2422 on:** March 13, 2020, 12:06:50 AM »

I blame TBT for my loses.

michigancat · « **Reply #2423 on:** March 13, 2020, 12:09:38 AM »

Quote from: DaBigTrain on March 13, 2020, 12:01:08 AM

https://twitter.com/arrington/status/1238310048474058752

lol at the crypto prices being the terrifying thing this guy is seeing right now

DaBigTrain · « **Reply #2424 on:** March 15, 2020, 04:17:56 PM »

Holy crap

https://twitter.com/ap/status/1239296780992425984