Stock market
Comments
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vaggar99 said:Yesterday, I sold every stock I owned. Even from my IRA. 20 years in the markets. All cash. Did I fuck up?I say yes. you lost $, no?its coming back up._____________________________________SIGNATURE________________________________________________
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Who knows. If you're cashed out forever, then probably yeah. But nothing wrong with a break.0
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20 years in the market? How did he lose money?mickeyrat said:0 -
going out on a limb and say 11 years ago was rough.nicknyr15 said:20 years in the market? How did he lose money?
Post edited by mickeyrat on_____________________________________SIGNATURE________________________________________________
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '140 -
True.mickeyrat said:going out on a limb and say 11 years ago was rough.0 -
i think i did well. probably thank S Jobs for that. But, missing the top still kind of burns me.nicknyr15 said:If you made money, you didn’t fuck up. Almost impossible to catch the bottom and top.0 -
That's why I sold. Before the last two weeks, I was content riding to the bottom. My feeling is the bottom will be very deep and is still a few months away.mickeyrat said:
Think of how many jobs are being lost that will not easily come back. Travel, restaurants, retail. The list seems vast and mind boggling.0 -
well most of the areas you list are more main street, arent they?vaggar99 said:That's why I sold. Before the last two weeks, I was content riding to the bottom. My feeling is the bottom will be very deep and is still a few months away.
Think of how many jobs are being lost that will not easily come back. Travel, restaurants, retail. The list seems vast and mind boggling.
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Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '140 -
not really. Large hotels, restaurant chains and mall/big box retailers are all going to suffer. Everyone will be affected.mickeyrat said:well most of the areas you list are more main street, arent they?0 -
I'm with you, I dont think we have seen the bottom.vaggar99 said:That's why I sold. Before the last two weeks, I was content riding to the bottom. My feeling is the bottom will be very deep and is still a few months away.
Think of how many jobs are being lost that will not easily come back. Travel, restaurants, retail. The list seems vast and mind boggling.0 -
I agree. There’s only so much the fed can pump into the market. I think this is a fake rallydignin said:I'm with you, I dont think we have seen the bottom.0 -
IDK, Bernie dropping out, curve seems to be flattening in some places...nicknyr15 said:I agree. There’s only so much the fed can pump into the market. I think this is a fake rally
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Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '140 -
That’s the other side of it. Who the fuck knows!! Haha.mickeyrat said:IDK, Bernie dropping out, curve seems to be flattening in some places...0 -
This. The shoe still hasn't dropped from the Fed propping up the economy for YEARS during and after the housing crash/ Great Recession. You can't print money forever without feeling the effect of doing so.nicknyr15 said:I agree. There’s only so much the fed can pump into the market. I think this is a fake rally
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For better or worse, there's no evidence that you can't pump for a long period.bbiggs said:This. The shoe still hasn't dropped from the Fed propping up the economy for YEARS during and after the housing crash/ Great Recession. You can't print money forever without feeling the effect of doing so.
I think the ride will be bumpy, but I don't there's another big correction on the horizon. The government acted so aggressively that I think we'll be okay for 90 days. I certainly see two quarters of GDP contraction though.
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I went heavy into Amazon and JPM several weeks ago and am pleased thus far. I've been in Google heavy since probably 08 and im not too concerned about them either.0
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you mean we ARENT going to see 4% like we were promised?mrussel1 said:For better or worse, there's no evidence that you can't pump for a long period.
I think the ride will be bumpy, but I don't there's another big correction on the horizon. The government acted so aggressively that I think we'll be okay for 90 days. I certainly see two quarters of GDP contraction though.
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Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '140 -
Quarter over quarter, year over year, for ten years to pay for that $1.2 trillion tax cut. Brilliant, brilliance in all its brilliancy.mickeyrat said:you mean we ARENT going to see 4% like we were promised?
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Unemployment is already higher than it ever was during the Great Recession. It's only going to get worse. Lots of high paying jobs are being lost.
You can't tell me that a $1200 check and some bullshit (and it is bullshit) loan program will fix this.Post edited by vaggar99 on0
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