Economy stonks only go up v6.1

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Any long term traders looking to buy soon? Seeing some good deals.....
 
chardog said:
Any long term traders looking to buy soon? Seeing some good deals.....
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And not sharing?

And no I don't see a lot of long term clearance yet until oil stabilizes and we see where consumer confidence settles.
Will be some bounces tho.
 
asdffdsa said:
What's annoying is that I knew the market was going to tank. I sold about $40k of stocks. Wish I sold more. Didn't know about things like TVIX until a few days ago.
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Hey at least you didn't play VXX/TVIX for months waiting for this, lose some money, give up, then have is soar 150% after you left. Luckily I caught a few intraday spikes, but goddamn it does hurt to remember flopping around @ $13.XX on something going for $36 now on VXX
 
brackis1 said:
And not sharing?

And no I don't see a lot of long term clearance yet until oil stabilizes and we see where consumer confidence settles.
Will be some bounces tho.
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I don’t do oil or natural gas, I’m interested in the rebound, and been eyeing tqqq or the futures version, but those numbers scare me, so likely just stocks.
 
asdffdsa said:
What's annoying is that I knew the market was going to tank. I sold about $40k of stocks. Wish I sold more. Didn't know about things like TVIX until a few days ago.
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Yup. Prices and returns were so out of line and people just kept pumping the bubble up...not to mention the dangers of CV were evident for weeks b4 they hit.
 
brackis1 said:
I dont like oil but if there was ever a time to spec a rebound, it's now vs anytime the last 2 years.
I caught a 25% bounce on a few small producer position EOD/After hours.

Also fucking LOL @ conman Elon Musk.

"we don't need a capital raise"
*raises capital at huge valuation 2 weeks later*
*stock crashes*
"omg Coronavirus is a JOKE" (his literal words)
*stock crashes more*
"The market was due for a correction"

Incredible conman. Why'd you raise at 20% up from here if you thought a correction was in?
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Thinking the only way oil is a winner is if there is a reconciliation between SA, Russia, etc. US companies will tank at these prices
 
brackis1 said:
I dont like oil but if there was ever a time to spec a rebound, it's now vs anytime the last 2 years.
I caught a 25% bounce on a few small producer position EOD/After hours.

Also fucking LOL @ conman Elon Musk.

"we don't need a capital raise"
*raises capital at huge valuation 2 weeks later*
*stock crashes*
"omg Coronavirus is a JOKE" (his literal words)
*stock crashes more*
"The market was due for a correction"

Incredible conman. Why'd you raise at 20% up from here if you thought a correction was in?
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Yeah Def a bounce oppurtunity here. Problem is so many oil producers have wrecked their balance sheets for various dumb reasons. Look at occidental. 800 million annual dividend to Warren and that's for a company that is basically worthless compared to 9 months ago.
XOM too seems to have very little cash on hand. You're going to see dividend cuts and production cuts if not outright bankruptcies soon.
Buy but be careful

And lol at Elon. Dude gets a permanent pass
 
brackis1 said:
Hey at least you didn't play VXX/TVIX for months waiting for this, lose some money, give up, then have is soar 150% after you left. Luckily I caught a few intraday spikes, but goddamn it does hurt to remember flopping around @ $13.XX on something going for $36 now on VXX
Click to expand...
 
kahiljabroni said:
Thinking the only way oil is a winner is if there is a reconciliation between SA, Russia, etc. US companies will tank at these prices
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that's pretty much bound to happen. this looks like some brat throwing a tantrum and going all scorched earth because he couldn't bully putin. there's basically nothing the saudis gain by undercutting themselves. it's pretty ridiculous.
 
It's all about the STONKS!

THE STONKS, MAN!!
 
Why should I give a shit about yall losing money and trying to micro the damage.

Investing in hear say is your fault ... fuck you is what most think
 
kahiljabroni said:
Looks like the federal government looking to intervene will lead to a small recovery tomorrow...maybe longer.

I STILL think prices are high and there will be nothing but bad news for a while. Yes I'm trying to time the bottom line an idiot...another 10% and id definitely be deploying at least half my cash.
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Im quoting myself for truth. Markets expecting major rebound today. Im not buying shit yet...by the time i could buy most of the stocks will already be up the majority of their rally anyway.
 
how are the stonks doing these days? time to get in, or time to get out?
 
It's up 8% today for little reason, so I'm shorting big after losing on it: CACC.
Subprime auto financier.
At all time highs. a bunch of their leaders just sold shares BELOW today's price, and we're going into possible slowdown? GTFO lol
 
brackis1 said:
It's up 8% today for little reason, so I'm shorting big after losing on it: CACC.
Subprime auto financier.
At all time highs. a bunch of their leaders just sold shares BELOW today's price, and we're going into possible slowdown? GTFO lol
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just sayin, but you're using logic and fundamentals as your thesis.

the market is basically the most irrational/fickle i've ever seen right now. haha
 
rob mafia said:
just sayin, but you're using logic and fundamentals as your thesis.

the market is basically the most irrational/fickle i've ever seen right now. haha
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Yeah but even in a retarded market, I just see no compelling reason this goes up more.
 
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