Money Investing megathread extravaganza - Page 545

**DaFace** · 06:35 PM

A place to talk about investing stuff.

**TinyEvel** · 03-04-2021, 11:06 AM

BORR finally starting to move back up. I read an article that predicted we're going to see a shift from pandemic stocks (zoom, tech, etc) back to "reopening" stocks, i.e. banks, energy travel. I bought UBER back in September and already it's been going up nicely since.

You guys who have CDEV are looking pretty fly.

MTG#10 · 03-04-2021, 11:18 AM

Quote:

Originally Posted by TinyEvel

BORR finally starting to move back up. I read an article that predicted we're going to see a shift from pandemic stocks (zoom, tech, etc) back to "reopening" stocks"

That's the reason I dont stress AMC dips and buy more. Even if it doesn't squeeze (has to eventually, numbers dont lie) as theatre openings start increasing the stock will move up at least enough to make a small profit. Yes, it was slowly dying before COVID but people miss going to the movies now. It will profit substantially at the very least for a year or so.

scho63 · 03-04-2021, 12:26 PM

The market will keep bleeding red until you all throw in the towel.

**lewdog** · 03-04-2021, 01:15 PM

Nasdaq in official correction territory. Down over 10%.

Mr_Tomahawk · 03-04-2021, 02:35 PM

Quote:

Originally Posted by lewdog

Nasdaq in official correction territory. Down over 10%.

What does "official correction territory" mean?

Does this have any relevance to timing your investments in our current environment?

MTG#10 · 03-04-2021, 02:46 PM

Market down, GME up is a trend.

scho63 · 03-04-2021, 03:06 PM

Quote:

Originally Posted by lewdog

Nasdaq in official correction territory. Down over 10%.

A lot of NASDAQ high flyers are down 35-40-50% from their recent highs.

What goes way up too quick, must come down too quick.

**lewdog** · 03-04-2021, 03:24 PM

Quote:

Originally Posted by Mr_Tomahawk

What does "official correction territory" mean?

Does this have any relevance to timing your investments in our current environment?

People here were losing their shit on 2-3% drops, which is really nothing and many times is consolidation on sideways movement.

10% drop has significance and the downward trend is official IMO around this marker.

**TinyEvel** · 03-04-2021, 04:15 PM

Quote:

Originally Posted by lewdog

People here were losing their shit on 2-3% drops, which is really nothing and many times is consolidation on sideways movement.

10% drop has significance and the downward trend is official IMO around this marker.

Yeah I'm thinking there will be green days like yesterday but followed by more deeper red. Like one step up, two steps down, for a while.

When there's that much upside in the bull people are taking profits, it's just what happens. Especially with s much uncertainty still around what type of recovery there will be, how long, etc. If millions of people are on limited or no income, it's not like everyone;s gonna be ready to hop on planes and spend money.

Stewie · 03-04-2021, 05:40 PM

Boy. Powell didn't do the markets any favors with his words today or for the near future.

MTG#10 · 03-04-2021, 05:49 PM

Quote:

Originally Posted by Stewie

Boy. Powell didn't do the markets any favors with his words today or for the near future.

I'm sure Biden's stimulus blockage didn't help either. If/when we finally get another one the market should perk back up nicely at least for a few days.

eDave · 03-04-2021, 08:02 PM

Quote:

Originally Posted by TambaBerry

20k dogecoin for long-term holding let's go

Mark Cuban’s Mavericks to Accept Dogecoin for Tickets, Merch

**Buehler445** · 03-04-2021, 08:34 PM

I dumped Deere this afternoon. Lew was right. I should have put a trailing stop in. I wanted to sell Monday but though hell it’s on a run counter to the market. LET IT ROLL. That was the top.

I really want to tie out their EOP deadlines are to their earnings reports. I have a pretty good handle on the ag market. Turf is pretty flat. Construction is typically pretty stable. I know ****all about forestry, but I think I can capitalize on the flex in the ag sector.

philfree · 03-04-2021, 09:41 PM

Just hanging on.

Strongside · 03-04-2021, 10:13 PM

Sad times out here. I’m loading up on Rolls Royce with liquid funds right now. Don’t think it’ll go any lower but will likely rebound heavily in the coming months.

06-27-2016, 11:23 AM
DaFace Kind of a mod Join Date: Aug 2005 Location: Donkey Land Casino cash: $1756899	Investing megathread extravaganza A place to talk about investing stuff. Last edited by DaFace; 02-19-2021 at 06:35 PM..
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03-04-2021, 11:06 AM	#8161
TinyEvel Just a li'l Evel Join Date: Sep 2005 Location: Bald. Goatee. Jorts. Casino cash: $5277131	BORR finally starting to move back up. I read an article that predicted we're going to see a shift from pandemic stocks (zoom, tech, etc) back to "reopening" stocks, i.e. banks, energy travel. I bought UBER back in September and already it's been going up nicely since. You guys who have CDEV are looking pretty fly.
Posts: 11,814

03-04-2021, 12:26 PM	#8163
scho63 Politically Incorrect Join Date: Feb 2009 Location: Scottsdale, AZ Casino cash: $2501110	The market will keep bleeding red until you all throw in the towel. __________________ *"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!"* ~Redd Foxx~ ~~2018 2019 2020 20212022 2023~~ 2024 Adopt a Chief - Clark Hunt and Brett Veach "The men who drafted Patrick Mahomes"
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03-04-2021, 01:15 PM	#8164
lewdog Mod Team Join Date: Sep 2011 Location: Valley of the hot as **** Casino cash: $1631900	Nasdaq in official correction territory. Down over 10%.
Posts: 45,657

03-04-2021, 02:46 PM	#8166
MTG#10 Mammoth penis Join Date: May 2006 Location: Springfield Casino cash: $7424386	Market down, GME up is a trend.
Posts: 11,432

03-04-2021, 05:40 PM	#8170
Stewie MVP Join Date: Oct 2006 Location: West of the Equator Casino cash: $1639901	Boy. Powell didn't do the markets any favors with his words today or for the near future.
Posts: 13,629

03-04-2021, 08:34 PM	#8173
Buehler445 Supporter Join Date: Apr 2007 Location: Scott City KS Casino cash: $2044734	I dumped Deere this afternoon. Lew was right. I should have put a trailing stop in. I wanted to sell Monday but though hell it’s on a run counter to the market. LET IT ROLL. That was the top. I really want to tie out their EOP deadlines are to their earnings reports. I have a pretty good handle on the ag market. Turf is pretty flat. Construction is typically pretty stable. I know ****all about forestry, but I think I can capitalize on the flex in the ag sector.
Posts: 56,916

03-04-2021, 09:41 PM	#8174
philfree Indian Twitter Join Date: Nov 2000 Location: Free Agency Casino cash: $1376198	Just hanging on. __________________ [/SIGPIC]
Posts: 15,024

03-04-2021, 10:13 PM	#8175
Strongside Mahomes or GTFO Join Date: Feb 2012 Location: KC Casino cash: $5884282	Sad times out here. I’m loading up on Rolls Royce with liquid funds right now. Don’t think it’ll go any lower but will likely rebound heavily in the coming months. __________________
Posts: 13,201