Stock market

1192022242550

Comments

  • nicknyr15
    nicknyr15 Posts: 9,234
    vaggar99 said:
    Yesterday, I sold every stock I owned.  Even from my IRA.  20 years in the markets.  All cash.  Did I fuck up?
    If you made money, you didn’t fuck up. Almost impossible to catch the bottom and top. 
  • mickeyrat
    mickeyrat Posts: 44,433
    edited April 2020
    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________________________________________________

    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 '14
  • mrussel1
    mrussel1 Posts: 30,882
    Who knows.  If you're cashed out forever,  then probably yeah.  But nothing wrong with a break. 
  • nicknyr15
    nicknyr15 Posts: 9,234
    mickeyrat said:
    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.
    20 years in the market? How did he lose money?
  • mickeyrat
    mickeyrat Posts: 44,433
    edited April 2020
    nicknyr15 said:
    mickeyrat said:
    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.
    20 years in the market? How did he lose money?
    going out on a limb and say 11 years ago was rough.
    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 '14
  • nicknyr15
    nicknyr15 Posts: 9,234
    mickeyrat said:
    nicknyr15 said:
    mickeyrat said:
    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.
    20 years in the market? How did he lose money?
    going out on a limb and say 11 years ago was rough.
    True. 
  • vaggar99
    vaggar99 San Diego USA Posts: 3,431
    nicknyr15 said:
    vaggar99 said:
    Yesterday, I sold every stock I owned.  Even from my IRA.  20 years in the markets.  All cash.  Did I fuck up?
    If you made money, you didn’t fuck up. Almost impossible to catch the bottom and top. 
    i think i did well.  probably thank S Jobs for that.  But, missing the top still kind of burns me.
  • vaggar99
    vaggar99 San Diego USA Posts: 3,431
    mickeyrat said:
    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.
    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.
  • mickeyrat
    mickeyrat Posts: 44,433
    vaggar99 said:
    mickeyrat said:
    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.
    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.
    well most of the areas you list are more main street, arent they?
    _____________________________________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 '14
  • vaggar99
    vaggar99 San Diego USA Posts: 3,431
    mickeyrat said:
    vaggar99 said:
    mickeyrat said:
    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.
    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.
    well most of the areas you list are more main street, arent they?
    not really.  Large hotels, restaurant chains and mall/big box retailers are all going to suffer.  Everyone will be affected.
  • dignin
    dignin Posts: 9,478
    vaggar99 said:
    mickeyrat said:
    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.
    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.
    I'm with you, I dont think we have seen the bottom.
  • nicknyr15
    nicknyr15 Posts: 9,234
    dignin said:
    vaggar99 said:
    mickeyrat said:
    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.
    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.
    I'm with you, I dont think we have seen the bottom.
    I agree. There’s only so much the fed can pump into the market. I think this is a fake rally 
  • mickeyrat
    mickeyrat Posts: 44,433
    nicknyr15 said:
    dignin said:
    vaggar99 said:
    mickeyrat said:
    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.
    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.
    I'm with you, I dont think we have seen the bottom.
    I agree. There’s only so much the fed can pump into the market. I think this is a fake rally 
    IDK, Bernie dropping out, curve seems to be flattening in some places...
    _____________________________________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 '14
  • nicknyr15
    nicknyr15 Posts: 9,234
    mickeyrat said:
    nicknyr15 said:
    dignin said:
    vaggar99 said:
    mickeyrat said:
    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.
    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.
    I'm with you, I dont think we have seen the bottom.
    I agree. There’s only so much the fed can pump into the market. I think this is a fake rally 
    IDK, Bernie dropping out, curve seems to be flattening in some places...
    That’s the other side of it. Who the fuck knows!! Haha. 
  • bbiggs
    bbiggs Posts: 6,964
    nicknyr15 said:
    dignin said:
    vaggar99 said:
    mickeyrat said:
    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.
    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.
    I'm with you, I dont think we have seen the bottom.
    I agree. There’s only so much the fed can pump into the market. I think this is a fake rally 
    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.

  • mrussel1
    mrussel1 Posts: 30,882
    bbiggs said:
    nicknyr15 said:
    dignin said:
    vaggar99 said:
    mickeyrat said:
    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.
    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.
    I'm with you, I dont think we have seen the bottom.
    I agree. There’s only so much the fed can pump into the market. I think this is a fake rally 
    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.

    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. 
  • mrussel1
    mrussel1 Posts: 30,882
    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. 
  • mickeyrat
    mickeyrat Posts: 44,433
    mrussel1 said:
    bbiggs said:
    nicknyr15 said:
    dignin said:
    vaggar99 said:
    mickeyrat said:
    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.
    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.
    I'm with you, I dont think we have seen the bottom.
    I agree. There’s only so much the fed can pump into the market. I think this is a fake rally 
    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.

    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. 
    you mean we ARENT going to see 4% like we were promised?
    _____________________________________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 '14
  • Halifax2TheMax
    Halifax2TheMax Posts: 42,239
    mickeyrat said:
    mrussel1 said:
    bbiggs said:
    nicknyr15 said:
    dignin said:
    vaggar99 said:
    mickeyrat said:
    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.
    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.
    I'm with you, I dont think we have seen the bottom.
    I agree. There’s only so much the fed can pump into the market. I think this is a fake rally 
    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.

    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. 
    you mean we ARENT going to see 4% like we were promised?
    Quarter over quarter, year over year, for ten years to pay for that $1.2 trillion tax cut. Brilliant, brilliance in all its brilliancy.
    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;

    Libtardaplorable©. And proud of it.

    Brilliantati©
  • vaggar99
    vaggar99 San Diego USA Posts: 3,431
    edited April 2020
    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 on