sure
I also have my 401k and dont bother with it at this point
if I was pushing mid 50s plus otoh I would do something
billionaires can easily pul money one day wait for rock bottom and put it back in. all Im saying is thats whats happening
There are always buying opportunities. Amazon is on sale this week (down 10% since the outbreak) for no good reason. It's sales and market share will only increase if the corona virus gets bad here as everyone opts for home delivery. I own JD.com (similar to amazon in china) and their sales have increased exponentially since the outbreak. As I qualified, I'm not a day trader. I'm looking at a 10 year window when I make stock investments.
Last edited by CosmicCowboy; 02-27-2020 at 09:04 AM.
sure
I also have my 401k and dont bother with it at this point
if I was pushing mid 50s plus otoh I would do something
billionaires can easily pul money one day wait for rock bottom and put it back in. all Im saying is thats whats happening
For sure there are different ways to invest and make money. I’m seeing an overextended market and now the good chances of nearly unprecedented supply chain problems short of out and out wars. Not sure that’s good for Amazon.
Trump must be stroking out.
Last edited by picnroll; 02-27-2020 at 10:37 AM.
932 point drop
its like the last 2 years never happened
btw this drop is so much more severe because the stock market was artificially inflated last few years. the house of cards just fell
Trump
MAGA
Long time no see. Well, the stock buy backs have been pushing that along.
Can't defend the Dear Leader... attack the poster with a "gotcha". It must be exhausting for you idiots to have to defend or explain the sheer ery that dribbles off his twitter feed on an hourly basis.
Down a few hundred points this morning. The case in Cali probably has everybody spooked.
Of course Trump claimed everything was under lockdown right before that got reported.
I'm confidant Cali releasing their case that-a-way was no accident.
Word was out before the press conference but you don’t expect Trump to be on top of things do you. When others he was standing in the background looking like he was trying to remember his tee time.
-700 points today so far.
Maybe your Dear Leader Trump will use a sharpie to fix it.
...perhaps, but, there was no report about that Cali case until AFTER the news conference.
He is on top of things. Everybody & their sister using this Corona as the current tool of choice to run him off, with (Russia) on the back burner.
Thought it brilliant to have all the wise asses on the dais with him...they'd been jack-assing on their own about it,,,let 'em own it in front of the President.
Weather reports in that circa indicated & referenced Alabama. He-was-not-wrong.
& just remember, smart ass, your 401k is taking a beating as well.
Let us proceed...
Point of reference:
There have been 12 bear markets defined by a 20% decline since World War II with an average decline of 32.5% as measured on a close-to-close basis.
The most recent was October 2007 to March 2009, when the market dropped 57% (ouch) and then took more than four years to recover. The S&P 500 closed in a bear market in December 2018 using intraday data.
Bear markets have lasted 14.5 months on average and have taken two years to recover on average.
What a weak response
"forget bout me, this is orange man bad time"
Get over yourself, dumbass. You spend a large amount of time talking about the president and hoping something bad happens to the country so you can scream "see I told you so, back to democrats now".
I don't even know how much time you spend on social media with trump's in your mouth, but I wager its a lot with how much you do it here. Being on the opposite side of the hall as a die hard Trumper doesn't make you any better if you both spend asinine amounts of effort on the president.
Done with ya, random, you're a lost cause like John
this prediction could become reality in next hour
California just said they are monitoring thousands of potential cases
Toronto stock exchange just shut down
they blamed it on an order entry technical problem
Day traders are having fun.
Won't do any good to shut down...gonna have to take it...then grab some jacks & timbers & start back down.
ADDENDUM:::What to watch:::if the Corona Crisis is false,,,MSM will try & sustain the Crash as..."it really wasn't Corona, it's a completely independent and separate issue." They'll hammer that like trout meat.
You think a California hospital was trying to hurt Trump and the stock market?
called it
Nostradamus
There are currently 1 users browsing this thread. (0 members and 1 guests)