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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Old 03-11-2020, 04:09 PM   #3991
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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?
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Old 03-11-2020, 04:14 PM   #3992
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discuss thinks the market is his dick

it never goes up
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Old 03-11-2020, 04:16 PM   #3993
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You basing that on technicals? Fibonacci? Elliot wave? Wat makes you think that?
Technical analysis is the modern day equivalent of reading tea leaves.
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Old 03-11-2020, 04:24 PM   #3994
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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%
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Old 03-11-2020, 04:28 PM   #3995
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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.
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Old 03-11-2020, 04:28 PM   #3996
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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.
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Old 03-11-2020, 04:46 PM   #3997
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**** 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.
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Old 03-11-2020, 04:57 PM   #3998
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Originally Posted by Discuss Thrower View Post
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.

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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.
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Old 03-11-2020, 05:09 PM   #3999
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Originally Posted by Buehler445 View Post
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..
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Old 03-11-2020, 05:24 PM   #4000
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Quote:
Originally Posted by Discuss Thrower View Post
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.
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Old 03-11-2020, 05:39 PM   #4001
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Originally Posted by ghak99 View Post
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."
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Old 03-11-2020, 05:50 PM   #4002
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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
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Old 03-11-2020, 06:03 PM   #4003
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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!
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Old 03-11-2020, 07:39 PM   #4004
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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
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Old 03-11-2020, 08:10 PM   #4005
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Lean hogs have made a nice base. They’re ready to take off. Perfect time to get back in!
I hate Hogs!
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