Money Investing megathread extravaganza - Page 267

**DaFace** · 06:35 PM

A place to talk about investing stuff.

**Buehler445** · 03-11-2020, 04:09 PM

Quote:

Originally Posted by Discuss Thrower

Literally studied the market in the process of earning a master's degree.

So no. No I'm not.

You basing that on technicals? Fibonacci? Elliot wave? Wat makes you think that?

Hammock Parties · 03-11-2020, 04:14 PM

discuss thinks the market is his dick

it never goes up

Discuss Thrower · 03-11-2020, 04:16 PM

Quote:

Originally Posted by Buehler445

You basing that on technicals? Fibonacci? Elliot wave? Wat makes you think that?

Technical analysis is the modern day equivalent of reading tea leaves.

RunKC · 03-11-2020, 04:24 PM

I think the bottom will be around the last week of this month or early April.

Depending on the effect it has here, I think it’s fair to say the drop will be around 30-35%

**Shiver Me Timbers** · 03-11-2020, 04:28 PM

Quote:

Originally Posted by Discuss Thrower

About 40% below what the S&P is currently marked at.

I think it will be another 20-25% from current levels.
What Dr. Fauci said today puts us in uncharted waters so who knows.

ghak99 · 03-11-2020, 04:28 PM

Quote:

Originally Posted by Discuss Thrower

Technical analysis is the modern day equivalent of reading tea leaves.

I'm going to be wiping my ass with tea leaves if the local methican americans don't quit hoarding TP!

I'm pulling this from an old timer who is aging fast but has traded with more than I will probably ever even accumulate. 10% of the market was an emotional "bet the come". That went up in smoke. Deal in a 10% correction for global panic sales. Next we get the 10% of actual financial corrections due to physical losses. He then said, where are we in this mess and how far off are those 10% guesses?

Who knows.

philfree · 03-11-2020, 04:46 PM

Quote:

Originally Posted by Buehler445

**** Chipotle. I boycotted those fools after they went organic/all natural what the **** ever.

I didn't buy the stock because I eat there I bought it because other people do and the stock tends to go up. I have eaten Chipotle exactly once. I'd go to a Qdoba before I'd go to a Chipotle.

**Buehler445** · 03-11-2020, 04:57 PM

Quote:

Originally Posted by Discuss Thrower

Technical analysis is the modern day equivalent of reading tea leaves.

Not disagreeing here. Just wondering where you came up with an additional 60% down. Technicals would be the easiest way to get there. You trying to apply historical P/E ratios to GDP or what?

I haven’t paid attention to shit, but I highly doubt you’re in high company expecting that big of a drop.

Just wondering where you’re getting that target from.

Quote:

Originally Posted by philfree

I didn't buy the stock because I eat there I bought it because other people do and the stock tends to go up. I have eaten Chipotle exactly once. I'd go to a Qdoba before I'd go to a Chipotle.

Still out.

If my stock purchase raises their stock .0001 basis points and executives get any money out of stock options I don’t think I could live with myself. **** those bitches.

Discuss Thrower · 03-11-2020, 05:09 PM

Quote:

Originally Posted by Buehler445

Not disagreeing here. Just wondering where you came up with an additional 60% down. Technicals would be the easiest way to get there. You trying to apply historical P/E ratios to GDP or what?

I haven’t paid attention to shit, but I highly doubt you’re in high company expecting that big of a drop.

Just wondering where you’re getting that target from.

Still out.

If my stock purchase raises their stock .0001 basis points and executives get any money out of stock options I don’t think I could live with myself. **** those bitches.

The S&P 500 dropped ~45% in the period of time that encompassed the death of Bear in March '08 and then when it started to continuously go up after something like March 3, 2009.

We have yet to have our 'death of Bear Stearns' moment but it will precede a second Great Recession.

Job losses will take hold, there'll be some bankruptcies once enough bullshit called on the auto and student loan market. Young people aren't buying houses and this won't get better.

Then you start thinking about new political realities which will not be market friendly..

**Buehler445** · 03-11-2020, 05:24 PM

Quote:

Originally Posted by Discuss Thrower

The S&P 500 dropped ~45% in the period of time that encompassed the death of Bear in March '08 and then when it started to continuously go up after something like March 3, 2009.

We have yet to have our 'death of Bear Stearns' moment but it will precede a second Great Recession.

Job losses will take hold, there'll be some bankruptcies once enough bullshit called on the auto and student loan market. Young people aren't buying houses and this won't get better.

Then you start thinking about new political realities which will not be market friendly..

There is a long way to go before that.

**Buehler445** · 03-11-2020, 05:39 PM

Quote:

Originally Posted by ghak99

I'm going to be wiping my ass with tea leaves if the local methican americans don't quit hoarding TP!

I'm pulling this from an old timer who is aging fast but has traded with more than I will probably ever even accumulate. 10% of the market was an emotional "bet the come". That went up in smoke. Deal in a 10% correction for global panic sales. Next we get the 10% of actual financial corrections due to physical losses. He then said, where are we in this mess and how far off are those 10% guesses?

Who knows.

I laughed unreasonably hard at this. Particularly "methican American."

Hog's Gone Fishin · 03-11-2020, 05:50 PM

Don't panic people. the stock market is run by a shit load of greedy people. When this is all over you're gonna see stocks take off like a rocket.

I wish I had a shitload of cash to throw in right now but i don't

**Buehler445** · 03-11-2020, 06:03 PM

Quote:

Originally Posted by Hog's Gone Fishin

Don't panic people. the stock market is run by a shit load of greedy people. When this is all over you're gonna see stocks take off like a rocket.

I wish I had a shitload of cash to throw in right now but i don't

Lean hogs have made a nice base. They’re ready to take off. Perfect time to get back in!

**Shiver Me Timbers** · 03-11-2020, 07:39 PM

Quote:

Originally Posted by Buehler445

Lean hogs have made a nice base. They’re ready to take off. Perfect time to get back in!

Says McDonald's 6 months before they bring back the mc rib

Hog's Gone Fishin · 03-11-2020, 08:10 PM

Quote:

Originally Posted by Buehler445

Lean hogs have made a nice base. They’re ready to take off. Perfect time to get back in!

I hate Hogs!

06-27-2016, 11:23 AM
DaFace Kind of a mod Join Date: Aug 2005 Location: Donkey Land Casino cash: $96899	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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03-11-2020, 04:14 PM	#3992
Hammock Parties I'll be back. Join Date: Nov 2002 Casino cash: $2780478	discuss thinks the market is his dick it never goes up __________________ Chiefs game films
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03-11-2020, 04:24 PM	#3994
RunKC Andy Reid Supporter Join Date: Apr 2012 Casino cash: $339611	I think the bottom will be around the last week of this month or early April. Depending on the effect it has here, I think it’s fair to say the drop will be around 30-35% __________________ Mike Greenberg@Espngreeny I can’t fathom what it must be like to be a fan of the #Chiefs. Adopt a Chief: Jared Wiley
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03-11-2020, 05:50 PM	#4002
Hog's Gone Fishin Fish are scared of me Join Date: Nov 2001 Casino cash: $-99523	Don't panic people. the stock market is run by a shit load of greedy people. When this is all over you're gonna see stocks take off like a rocket. I wish I had a shitload of cash to throw in right now but i don't
Posts: 40,651