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Author Topic: damn.... stock market is crashing hard.... wipe out YTD gains  (Read 687 times)

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Online hmgROCK

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Re: damn.... stock market is crashing hard.... wipe out YTD gains
« Reply #30 on: February 27, 2020, 10:27:50 PM »
get ready for more blood in the street tomorrow
need all of yall to hold strong



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Online hmgROCK

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Re: damn.... stock market is crashing hard.... wipe out YTD gains
« Reply #31 on: February 28, 2020, 01:46:37 PM »
get ready for more blood in the street tomorrow
need all of yall to hold strong

another bloody day

i only bought another $500 today only
small amount

we got a little bit more to go
im thinking 20k dow jone bottom

don't show all your chips and card yet
keep them close to you

 O0




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Offline Cali Guy

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Re: damn.... stock market is crashing hard.... wipe out YTD gains
« Reply #32 on: February 28, 2020, 03:19:45 PM »

another bloody day

i only bought another $500 today only
small amount

we got a little bit more to go
im thinking 20k dow jone bottom

don't show all your chips and card yet
keep them close to you

 O0

Time to make money!! AI isnít going to just go away.  ;)



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Offline theking

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Re: damn.... stock market is crashing hard.... wipe out YTD gains
« Reply #33 on: February 28, 2020, 04:20:40 PM »
Don't think some can "make money" in the money and investment area...not even enough common sense to know the common knowledge fact that places like E-Trade has insider information.. ;D



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Offline darkhelmet

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Re: damn.... stock market is crashing hard.... wipe out YTD gains
« Reply #34 on: February 28, 2020, 06:57:34 PM »
I'm gonna buy after Super Tuesday.



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Offline w1s3m0n

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Re: damn.... stock market is crashing hard.... wipe out YTD gains
« Reply #35 on: February 29, 2020, 11:08:59 AM »
I switched to swing trading and I'm as RED as everyone because I didn't look at the market for 2+ weeks. In hindsight, I should have exited the market then I would be plus 15%.  Looking at it yesterday, my 2020 profits are gone and some 2019 because the stocks I was holding was all tech.

No worries...what goes up must come down and what goes down must come up.  Needless to say, don't torment yourself.  Keep 6 months of cash under your bed (bank account), have no debt, and you cool as ice.

Once I have clarity and focus I'll day trade.  Had I been day trading these would have been the virus stocks I normally trade, CODX, OPGN, NNVC, VXRT, APT, etc...  all ran this week.  You could have in and out for 1-15 minutes depending on the price action and made loot...knowing this, I didn't feel like trading this week because the rule is trade with a clear mind.  Too much bullshit around me, which is why I stopped active day trading.

I might trade next week, but unlikely...rig ht now 70% stocks, and will probably shift to 100% stock in by the end of the week for the upswing.  I normally hold 50% stock max so I did dip buy this week and increased it to 70%.

Nothing to panic...cash is trash, and being printed...nowh ere to put your money.  everyone holding too much cash will regret it later.


« Last Edit: February 29, 2020, 11:16:38 AM by w1s3m0n »

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Online hmgROCK

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Re: damn.... stock market is crashing hard.... wipe out YTD gains
« Reply #36 on: March 02, 2020, 11:10:16 AM »
c'mon man
don't miss this rocketship to the moon
we are taking off again

come one
come all



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Offline w1s3m0n

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Re: damn.... stock market is crashing hard.... wipe out YTD gains
« Reply #37 on: March 02, 2020, 03:35:23 PM »
c'mon man
don't miss this rocketship to the moon
we are taking off again

come one
come all

I added this AM after monitoring fed and oversea indices..  :)  10% cash now.  Kind of scarey...but I think this is going up...will reduce.



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Online hmgROCK

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Re: damn.... stock market is crashing hard.... wipe out YTD gains
« Reply #38 on: March 02, 2020, 10:20:11 PM »
I added this AM after monitoring fed and oversea indices..  :)  10% cash now.  Kind of scarey...but I think this is going up...will reduce.

i bought the dip last week

make sure you have cash to last you 6-12 months

im good man
i have my fish and my deer from fall



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Offline w1s3m0n

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Re: damn.... stock market is crashing hard.... wipe out YTD gains
« Reply #39 on: March 02, 2020, 11:42:33 PM »
No worries man.  Talking about portfolio cash not all my cash.  Lol!  Who the hell puts their rainy day fund in the stock market?  Thatís not how it works.



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Offline Cali Guy

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Re: damn.... stock market is crashing hard.... wipe out YTD gains
« Reply #40 on: March 03, 2020, 09:24:55 AM »
No worries man.  Talking about portfolio cash not all my cash.  Lol!  Who the hell puts their rainy day fund in the stock market?  Thatís not how it works.

Iím so far in that a light swing either direction will cause a heart attack.



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Offline w1s3m0n

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Re: damn.... stock market is crashing hard.... wipe out YTD gains
« Reply #41 on: March 03, 2020, 11:23:21 AM »
Iím so far in that a light swing either direction will cause a heart attack.

It's volatile...Sup er Tuesday will swing it 2-3% up or down.  I'm a classical liberal (aka moderate) and so I'm hoping Biden wins.  With that said, I really like Bernie but dude wants to spend like crazy.  We have to be flexible.  For example, remove the cap on social security tax.  Raise social security tax on salary up to 300k versus 135k per person.  Increase the progressive tax rate to 55%.  Raise sales tax by 0.5% across the country to fund sustainability and health innovation initiatives.  Remove the loopholes the rich are using.  Increase tax credits like education, healthcare, child care, and etc... which will help create a sustainable future.

The whole conservative movement of attacking the government and shrinking it down to nothing has proven to be a disaster because schools are failing, healthcare spending out of the country but doesn't help people get healthy, work stress, suicide, etc... all-time high.  We do need some level of government, and we need to make it accountable and to do that they can simply run LEAN and TQM principles if they wanted to.



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Online hmgROCK

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Re: damn.... stock market is crashing hard.... wipe out YTD gains
« Reply #42 on: March 03, 2020, 02:46:21 PM »
It's volatile...Sup er Tuesday will swing it 2-3% up or down.  I'm a classical liberal (aka moderate) and so I'm hoping Biden wins.  With that said, I really like Bernie but dude wants to spend like crazy.  We have to be flexible.  For example, remove the cap on social security tax.  Raise social security tax on salary up to 300k versus 135k per person.  Increase the progressive tax rate to 55%.  Raise sales tax by 0.5% across the country to fund sustainability and health innovation initiatives.  Remove the loopholes the rich are using.  Increase tax credits like education, healthcare, child care, and etc... which will help create a sustainable future.

The whole conservative movement of attacking the government and shrinking it down to nothing has proven to be a disaster because schools are failing, healthcare spending out of the country but doesn't help people get healthy, work stress, suicide, etc... all-time high.  We do need some level of government, and we need to make it accountable and to do that they can simply run LEAN and TQM principles if they wanted to.

i like BERNIE
this old fart will get my vote

dude just want to help people get their body fix
not just the rich who has money
but everyone too

WTF is wrong with that????

you know there a study that say 70-80% of the population don't even own stock???



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Offline theking

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Re: damn.... stock market is crashing hard.... wipe out YTD gains
« Reply #43 on: March 03, 2020, 04:25:05 PM »
you know there a study that say 70-80% of the population don't even own stock???

I bet the percentage of the "population" that know the common knowledge of places like E-Trade have "inside information" is higher...



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Offline w1s3m0n

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Re: damn.... stock market is crashing hard.... wipe out YTD gains
« Reply #44 on: March 03, 2020, 10:34:15 PM »
Oh, it must feel nice to be a Bernie fan and be above the 30% line right?   :2funny:

i like BERNIE
this old fart will get my vote

dude just want to help people get their body fix
not just the rich who has money
but everyone too

WTF is wrong with that????

you know there a study that say 70-80% of the population don't even own stock???



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