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03-11-2020, 04:28 PM | #4006 | |
MVP
Join Date: Jan 2007
Location: Missouri
Casino cash: $312250
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Quote:
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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03-11-2020, 04:46 PM | #4007 |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
Casino cash: $46198
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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.
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03-11-2020, 04:57 PM | #4008 | ||
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $704734
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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:
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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Posts: 57,744
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03-11-2020, 05:09 PM | #4009 | |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
Casino cash: $1646869
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Quote:
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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03-11-2020, 05:24 PM | #4010 | |
Supporter
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Location: Scott City KS
Casino cash: $704734
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Quote:
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03-11-2020, 05:39 PM | #4011 | |
Supporter
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Location: Scott City KS
Casino cash: $704734
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Quote:
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03-11-2020, 05:50 PM | #4012 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $120477
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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 |
Posts: 40,808
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03-11-2020, 06:03 PM | #4013 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $704734
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Lean hogs have made a nice base. They’re ready to take off. Perfect time to get back in!
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Posts: 57,744
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03-11-2020, 07:39 PM | #4014 |
Elway be drinkin' again
Join Date: Dec 2017
Location: Colorado USA
Casino cash: $6140001
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03-11-2020, 08:10 PM | #4015 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $120477
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Posts: 40,808
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03-11-2020, 08:17 PM | #4016 |
Andy Reid Supporter
Join Date: Apr 2012
Casino cash: $659611
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Good chance tomorrow is going to be worse than any day of this. Dow already down 800 points following Trumps speech.
Now the news with an American celebrity and NBA? Yup it’s gonna get really bad this week IMO
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03-11-2020, 08:24 PM | #4017 |
Veteran
Join Date: Oct 2002
Location: Bismarck
Casino cash: $738196
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Yeah, I'd say there's a good chance that the market will shut down tomorrow.
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03-11-2020, 08:39 PM | #4018 |
Supporter
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Location: Scott City KS
Casino cash: $704734
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03-11-2020, 08:42 PM | #4019 |
MVP
Join Date: Sep 2004
Location: San Diego, CA
Casino cash: $603342
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I think things are about to go from bad to worse, with all that’s happened today. I’m strongly considering pulling out tomorrow, and buying back in when things stabilize. Hate selling down, but I think it’s about to get ugly.
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Posts: 5,165
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03-11-2020, 09:23 PM | #4020 |
MVP
Join Date: Aug 2000
Location: Lee's Summit
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When I did this a couple of weeks ago. I was the local idiot. Follow your first mind I say, better safe than sorry.
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