Money Investing megathread extravaganza - Page 822

**DaFace** · 06:35 PM

A place to talk about investing stuff.

neech · 02-24-2022, 09:11 AM

Quote:

Originally Posted by lewdog

We go from correction to bear market today.

the market nose diving.

ChiliConCarnage · 02-24-2022, 09:19 AM

Started buying a bit. This could cause a lot of rockiness for a while. We're down quite a bit though and it's hard to see this doing a lot of long term damage to US corp earnings.

Energy and adding to inflation are worries. Obviously Europe will be hurt which might dampen trade. It could get worse too. So far they seem to just be trying to weaken Ukraines military and said they don't want to occupy. Hopefully it doesnt escalate further

**lewdog** · 02-24-2022, 09:50 AM

Small long positions in VOO and VXF added to in ROTH today for me.

neech · 02-24-2022, 10:05 AM

Quote:

Originally Posted by Hog's Gone Fishin

AAPL is a buy at ANY price. It always goes up. It's the foundation stock in EVERY fund and peoples portfolios. Buying it right now is a good investment.

10 dollars lower then just two days ago, bargain basement price.

**Rain Man** · 02-24-2022, 10:35 AM

It seems like this should be a low, at least for the short term. Man, this has been a painful year for me so far.

**Rain Man** · 02-24-2022, 01:16 PM

Quote:

Originally Posted by Hog's Gone Fishin

You must be doing something wrong because everybody else has been making money.

I suspected as much.

The people selling me stock have been making a killing. Or at least they've been avoiding beatings.

Hammock Parties · 02-24-2022, 02:06 PM

did we finally hit the bottom?

MTG#10 · 02-24-2022, 02:40 PM

Quote:

Originally Posted by lewdog

We go from correction to bear market today.

And here I am up 10% on the day so far...

**petegz28** · 02-24-2022, 04:19 PM

Quote:

Originally Posted by Hammock Parties

did we finally hit the bottom?

doubtful but what a weird ****ing day

**lewdog** · 02-24-2022, 04:38 PM

Quote:

Originally Posted by MTG#10

And here I am up 10% on the day so far...

Nasdaq hit bear market 20% down and bounced hard. Possibly bottom found but can’t say officially. Could be sucking retail in hard before another smash to lower levels.

I can’t imagine how much your account is down this year. Prayers.

MTG#10 · 02-24-2022, 04:44 PM

Quote:

Originally Posted by lewdog

Nasdaq hit bear market 20% down and bounced hard. Possibly bottom found but can’t say officially. Could be sucking retail in hard before another smash to lower levels.

I can’t imagine how much your account is down this year. Prayers.

All I own now is AMC and GME, I'm down pretty big currently but save your prayers because I'll be rich eventually.

Iconic · 02-24-2022, 05:55 PM

Quote:

Originally Posted by MTG#10

All I own now is AMC and GME, I'm down pretty big currently but save your prayers because I'll be rich eventually.

Friendly suggestion but I'd get out of that if ever in the green. There are better, safer opportunities that don't have inflated evaluations simply from meme status.

MTG#10 · 02-24-2022, 06:11 PM

Quote:

Originally Posted by Iconic

Friendly suggestion but I'd get out of that if ever in the green. There are better, safer opportunities that don't have inflated evaluations simply from meme status.

I have made more money off of these two stocks in the last couple years than every other stock I've ever owned plus crypto combined...a lot more. They are gamble plays that I have conviction in, and even if they both go to 0 (they won't) I'll still be up overall.

**lewdog** · 02-25-2022, 07:45 AM

I'm back up to 40% invested in my long term positions for VOO and VXF in my long term positions. Will also look to PYPL as a long term in my ROTH. If today holds green I will get to 50% invested in my long term account.

Charts are still VERY sloppy regarding trading. So outside of 1-2 very short day trades I make a week to stay on top of the charts, I am sitting 100% cash in my trading account and have been almost all of 2022.

**petegz28** · 02-25-2022, 08:23 AM

Upon further review: it is possible yesterday set a bottom. That being said, it doesn't mean we won't trade back down to it, etc. but on a weekly chart of the QQQs, we did hit a support level.

We also have had the worst 2 consecutive months of market declines since Covid. That is significant because as nasty and potentially risky as the Ukraine fighting is, tit-for-tat, the Covid shutdown had a lot more of an economic impact globally and across all aspects of the economy.

We still have a lot of inflation to battle and we got yet another indicator this morning that was the highest since 1983 in the way of PCE inflation.

06-27-2016, 11:23 AM
DaFace Kind of a mod Join Date: Aug 2005 Location: Donkey Land Casino cash: $-1633101	Investing megathread extravaganza A place to talk about investing stuff. Last edited by DaFace; 02-19-2021 at 06:35 PM..
Posts: 53,117

02-24-2022, 09:19 AM	#12317
ChiliConCarnage TACO SALAD Join Date: Apr 2008 Location: yes Casino cash: $-1851532	Started buying a bit. This could cause a lot of rockiness for a while. We're down quite a bit though and it's hard to see this doing a lot of long term damage to US corp earnings. Energy and adding to inflation are worries. Obviously Europe will be hurt which might dampen trade. It could get worse too. So far they seem to just be trying to weaken Ukraines military and said they don't want to occupy. Hopefully it doesnt escalate further
Posts: 7,040

02-24-2022, 09:50 AM	#12318
lewdog Mod Team Join Date: Sep 2011 Location: Valley of the hot as **** Casino cash: $-1338100	Small long positions in VOO and VXF added to in ROTH today for me.
Posts: 46,294

02-24-2022, 10:35 AM	#12320
Rain Man Seize life. Be an ermine. Join Date: Jul 2001 Location: My house Casino cash: $-432449 VARSITY	It seems like this should be a low, at least for the short term. Man, this has been a painful year for me so far. __________________ Active fan of the greatest team in NFL history.
Posts: 145,218

02-24-2022, 02:06 PM	#12322
Hammock Parties I'll be back. Join Date: Nov 2002 Casino cash: $1050478	did we finally hit the bottom? __________________ Chiefs game films
Posts: 296,667

02-25-2022, 07:45 AM	#12329
lewdog Mod Team Join Date: Sep 2011 Location: Valley of the hot as **** Casino cash: $-1338100	I'm back up to 40% invested in my long term positions for VOO and VXF in my long term positions. Will also look to PYPL as a long term in my ROTH. If today holds green I will get to 50% invested in my long term account. Charts are still VERY sloppy regarding trading. So outside of 1-2 very short day trades I make a week to stay on top of the charts, I am sitting 100% cash in my trading account and have been almost all of 2022.
Posts: 46,294

02-25-2022, 08:23 AM	#12330
petegz28 Supporter Join Date: Feb 2005 Location: Olathe, Ks Casino cash: $-855873	Upon further review: it is possible yesterday set a bottom. That being said, it doesn't mean we won't trade back down to it, etc. but on a weekly chart of the QQQs, we did hit a support level. We also have had the worst 2 consecutive months of market declines since Covid. That is significant because as nasty and potentially risky as the Ukraine fighting is, tit-for-tat, the Covid shutdown had a lot more of an economic impact globally and across all aspects of the economy. We still have a lot of inflation to battle and we got yet another indicator this morning that was the highest since 1983 in the way of PCE inflation.
Posts: 132,186