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ChiliConCarnage 03-02-2020 02:55 PM

We are rocketing into the close

wutamess - you mean even your retirement funds? That's generally not so good. Hopefully, it works out for you.

rydogg58 03-02-2020 03:00 PM

Quote:

Originally Posted by wutamess (Post 14821220)
I'm late to the party. Took everything out Friday (EVERYTHING) and now it's back up. I think this is a temporary bull until corona starts hitting the fan full fledge. In the meantime, what's everyone playing in? is it more day trading for some in this volatility?

Well, depending on how close to retirement you are, I hope that works. I'm letting it ride. My 401k and TSP have taken a hit in value for sure, but it will recover. As far as stocks, just finding good value stocks is pretty good right now.

Hammock Parties 03-02-2020 03:14 PM

https://pbs.twimg.com/media/ESIiicRW...pg&name=medium

Ninerfan11 03-02-2020 03:27 PM

Quote:

Originally Posted by wutamess (Post 14821220)
I'm late to the party. Took everything out Friday (EVERYTHING)

what.

Rain Man 03-02-2020 03:30 PM

Quote:

Originally Posted by Hammock Parties (Post 14821355)
...

You nailed it.

Hammock Parties 03-02-2020 03:31 PM

People talking about RobinHood being down this morning prevented a whole lot of people from buying.

petegz28 03-02-2020 03:32 PM

Quote:

Originally Posted by wutamess (Post 14821220)
I'm late to the party. Took everything out Friday (EVERYTHING) and now it's back up. I think this is a temporary bull until corona starts hitting the fan full fledge. In the meantime, what's everyone playing in? is it more day trading for some in this volatility?

That was absolutely the wrong thing to do. The corona virus presents a supply-side issue, not a demand-side issue. Therefore once this tampers down things are going to rocket back up.

Best thing you can do is buy back in on dips from here on out. You got 25 years until you retire. WTF are you selling everything?

RunKC 03-02-2020 03:42 PM

On Friday I almost sold my Apple shares that I bought in at 259. Decided to take a walk and not think about it when it dropped to 261.

Glad I didn’t allow myself to have a knee jerk reaction

wutamess 03-02-2020 03:52 PM

Quote:

Originally Posted by petegz28 (Post 14821390)
That was absolutely the wrong thing to do. The corona virus presents a supply-side issue, not a demand-side issue. Therefore once this tampers down things are going to rocket back up.

Best thing you can do is buy back in on dips from here on out. You got 25 years until you retire. WTF are you selling everything?

So I can buy back in if it goes down. IF. If it goes up, I'll buy back in. either way, I think it's going to go down much more with the number of deaths climbing and more companies putting out guidance misses.

Hopefully I"m right going against conventional wisdom.

Halfcan 03-02-2020 03:57 PM

Quote:

Originally Posted by Hammock Parties (Post 14821385)
People talking about RobinHood being down this morning prevented a whole lot of people from buying.

This!! It totally ****ed up my order (which has still not been fulfilled) and I missed out on the morning run. :#

Now the stock is way above my purchase price and my order is still not showing up. I don't know what is happening with them today.

rydogg58 03-02-2020 04:21 PM

Quote:

Originally Posted by Halfcan (Post 14821436)
This!! It totally ****ed up my order (which has still not been fulfilled) and I missed out on the morning run. :#

Now the stock is way above my purchase price and my order is still not showing up. I don't know what is happening with them today.

I've never used Robin Hood before, but why use it over some of the other trading options available? TD Ameritrade is pretty much free to use, and it would seem like it has just as much if not more to offer.

Halfcan 03-02-2020 04:56 PM

Quote:

Originally Posted by rydogg58 (Post 14821480)
I've never used Robin Hood before, but why use it over some of the other trading options available? TD Ameritrade is pretty much free to use, and it would seem like it has just as much if not more to offer.

RH has some cool features, including free stock. I have had good luck with it until today. It kept showing server error. Hopefully, they get it straightened out soon.

I have been with TD for a long time, so I will be using it as well. ;)

SupDock 03-02-2020 04:57 PM

Quote:

Originally Posted by wutamess (Post 14821425)
So I can buy back in if it goes down. IF. If it goes up, I'll buy back in. either way, I think it's going to go down much more with the number of deaths climbing and more companies putting out guidance misses.

Hopefully I"m right going against conventional wisdom.

Attempting to time the market is a mistake for a average investor.

https://awealthofcommonsense.com/201...-market-timer/

Ninerfan11 03-02-2020 05:07 PM

Quote:

Originally Posted by wutamess (Post 14821425)
So I can buy back in if it goes down. IF. If it goes up, I'll buy back in. either way, I think it's going to go down much more with the number of deaths climbing and more companies putting out guidance misses.

Hopefully I"m right going against conventional wisdom.

dude...what.

lewdog 03-02-2020 05:10 PM

Quote:

Originally Posted by wutamess (Post 14821220)
I'm late to the party. Took everything out Friday (EVERYTHING) and now it's back up. I think this is a temporary bull until corona starts hitting the fan full fledge. In the meantime, what's everyone playing in? is it more day trading for some in this volatility?

This thread continues to get shittier and shittier.


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