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Originally Posted by broomd
Originally Posted by ribka

Great. congrats

I started with 205 K end of March and just broke 290 K today on personal investment account. I said WTF and invested heavily. I take profits out weekly and put in savings. My work 401 k. I pulled out of market last December and reinvested beginning of April up almost 200 k in profits as of today . I'll pull out by end of this week and wait a bit again. Cant beat that. Been a long time market has been like this. Of course set up to pull out at day's notice. I like down days/bad news where you can find the bargains which happen almost weekly.





Excellent!


so easy even a caveman can do it. The hardest part was to not panic and sell on down days ( did that more than once) and not be greedy and take profits when available. Embrace the bad days and bargain hunt and not pay attention to losses. Its still a daily casino full of risk. Dump most of your stock by mid morning Thursdays and maintain discipline .( learned that)


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Up on everything this year finally, but up 53% last I looked on Shopify.

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excellent

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I don't know if I understand everything, but WOW. I'm almost fully recovered from the market dip. Riots are good for the market!

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Strange, ain’t it Boys ?

There’s got to be mega bucks coming in from overseas seeking perceived safety especially from Hong Kong, e.g. Jardine and Hutchinson-Wampoa saw this thing coming before Great Britain handed things back over to China and eased out.

Looking like the SEC will start delisting China stocks from our exchange markets. Waiting on Congress but seems to be moving in that direction and soon. Chairman Clayton was talking about this today.

I guess if China’s premier for life wants to play,,,,Trump will play.

Canada just snubbed Huwei. They’ll use other platforms from Europe and their own. Surprised me on that.

Interesting times.


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Originally Posted by MM879
I don't know if I understand everything, but WOW. I'm almost fully recovered from the market dip. Riots are good for the market!


Heh. Yeah.

This, too, shall pass,,,,,,,eventually.


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As of yesterday, we were down less than 1% from our January high. Feeling pretty good about our balanced portfolio......which is in someone else’s hands! wink memtb


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Spirit Airlines up 19% today

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Looking like a little breakout to the upside. Oil up and oil stocks up. Uptick volumes good.

All in all a very nice day for the market.


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Originally Posted by rockinbbar
Originally Posted by Old_Toot
The Market is looking good for the time being and this is quite a test for it.

We’ll see.



Still scares the hell out of me. eek

After watching oil go to a very negative value in a day's time.



The big Covid spike coming from spring break and all the rioting will hit in about 3-4 weeks and slam the market and Americans' spirits, I fear. I'm 2/3 cash now and got back out at 25,100. I'll jump back in when it dips below 20,000 again and sit still for a while, as it fluctuates, then starts a reasonable rate of climb over 18 months.

Or, I'll lose my ass. grin


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I picked up a lot of airlines ( SAVE, DELTA, JETBLU, ALASKA ACDV) and mid cap oil when they were down a the last month. It was difficult as were way down on some days. kept dollar cost averaging adding on down days instead of panicking and selling.. Overall up over sixty per cent the last month and hope it keeps moving up .Its been a real money maker the past 2 months and loving it.

All the negative news on the virus and the riots the past few months purposefully scared a good deal of Americans out of investing. What does that tell you?

Always load up on stocks during panics

cha Ching !!!

Glad I did. Between my personal account swing trading and my work 401 k almost enough to cash build a new house the past few months.




Originally Posted by windridge
Originally Posted by rockinbbar
Originally Posted by Old_Toot
The Market is looking good for the time being and this is quite a test for it.

We’ll see.



Still scares the hell out of me. eek

After watching oil go to a very negative value in a day's time.



The big Covid spike coming from spring break and all the rioting will hit in about 3-4 weeks and slam the market and Americans' spirits, I fear. I'm 2/3 cash now and got back out at 25,100. I'll jump back in when it dips below 20,000 again and sit still for a while, as it fluctuates, then starts a reasonable rate of climb over 18 months.

Or, I'll lose my ass. grin


Used to think that
Originally Posted by Old_Toot
Looking like a little breakout to the upside. Oil up and oil stocks up. Uptick volumes good.

All in all a very nice day for the market.

Last edited by ribka; 06/03/20.
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tag


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There sure are a lot of America haters that want to live here...



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It's simple math for now. Lots of Fed money pulsing through the veins, chasing a finite number of stocks.


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A lot of free money out there now. Surpised more aren't taking advantage

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Free money? I'm lost on that one. For investors that aren't getting a paycheck, the "free money" doesn't make up for the loses. Those that are coming out ahead aren't investors. Am I missing an angle here?


"The Democrat Party looks like Titanic survivors. Partying and celebrating one moment, and huddled in lifeboats freezing the next". Hatari 2017

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Originally Posted by hatari
Free money? I'm lost on that one. For investors that aren't getting a paycheck, the "free money" doesn't make up for the loses. Those that are coming out ahead aren't investors. Am I missing an angle here?


If you set money aside from every paycheck and had a t least 6 months living expenses and paid off your debts the past 5 years in a booming economy instead of heading into this situation in heavy debt buying vehicles and vacations you can't afford instead of putting at least 10 per cent into retirement I can see your point. I know so many people living pay check to paycheck, debt making over a 100 k and very little money in their retirement, savings accounts and they aint youngsters.

Always plan for the worst. Its been common knowledge that a major market correction was coming the past few years and a possible retracting in the economy.

Just look at the millions of college grads very heavy in student debt with worthless degrees. And now they want everyone to bail them out. You can see these same students now burins down cities and blaming their poor life skills on white people who work and prepare for the future.

Last edited by ribka; 06/04/20.
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Originally Posted by Taco2fiddy7
Spirit Airlines up 19% today


Up another 20% today

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Originally Posted by ribka
A lot of free money out there now. Surpised more aren't taking advantage


The sad part is it's all coming from the Federal Reserve.



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Originally Posted by Taco2fiddy7
Originally Posted by Taco2fiddy7
Spirit Airlines up 19% today


Up another 20% today


I picked a schit ton when it dropped below 9 a share

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Originally Posted by Whiptail
Originally Posted by ribka
A lot of free money out there now. Surpised more aren't taking advantage


The sad part is it's all coming from the Federal Reserve.


International money seeking perceived safety. Dividends and upside potential outweighs low interest rates on fixed securities.


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