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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 04-14-2020, 05:11 PM   #4516
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Originally Posted by lewdog View Post
You possibly just sold at the bottom.

I lost $25k in my modest 401k on the drop. I’m not worried.

Timing the market to buy back in is the $1000 question. If we all knew the answer, we’d be rich.
I moved the 401K back in February when things first started going to shit when the DJI was a little over 25,000.
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Old 04-14-2020, 05:50 PM   #4517
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Originally Posted by lewdog View Post
USO a buy at $5?
If USO at $5, what about UCO at half that? UCO has a higher 52 day high, too.
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Old 04-14-2020, 06:00 PM   #4518
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If USO at $5, what about UCO at half that? UCO has a higher 52 day high, too.
I just think any of the oil stocks are a buy right now. Oil has to be around 40 + for them to survive and they're not going to not survive.
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Old 04-15-2020, 07:42 AM   #4519
BigBeauford BigBeauford is offline
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Lots of bad news out today. Looks like more bargains are coming (except TSLA, they have a new stock target of close to $900).
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Old 04-15-2020, 07:44 AM   #4520
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I know those numbers are historically bad, but they're actually much better than I would have guessed.
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Old 04-15-2020, 07:47 AM   #4521
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I know those numbers are historically bad, but they're actually much better than I would have guessed.
The retail numbers I think are really good!
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Old 04-15-2020, 07:48 AM   #4522
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Market hasn't really moved that much on this news.

We'll be fine.
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Old 04-15-2020, 07:54 AM   #4523
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Market hasn't really moved that much on this news.

We'll be fine.
We're ripe for another sell off, the country probably wont be back to full speed until July. Rich folk got the normies in a bull trap I suspect.
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Old 04-15-2020, 07:57 AM   #4524
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Old 04-15-2020, 07:58 AM   #4525
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Lots of bad news out today. Looks like more bargains are coming (except TSLA, they have a new stock target of close to $900).
If it gets to 900, tesla is buying me a rental house.

I would have expected those numbers to be worse. All those online TP orders must have saved us.
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Old 04-15-2020, 08:00 AM   #4526
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You possibly just sold at the bottom.

I lost $25k in my modest 401k on the drop. I’m not worried.

Timing the market to buy back in is the $1000 question. If we all knew the answer, we’d be rich.
Pharmaceutical stocks will be big on which companies get approved for vaccinations let alone the testing of the virus, testing will be the big one to get into for now.
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Old 04-15-2020, 08:37 AM   #4527
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I know those numbers are historically bad, but they're actually much better than I would have guessed.
Yeah, that's my reaction as well.
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Old 04-15-2020, 09:52 AM   #4528
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Originally Posted by Hammock Parties View Post
Market hasn't really moved that much on this news.

We'll be fine.
Wouldn't that mean the market is artificially inflated?
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Old 04-15-2020, 10:23 AM   #4529
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Wouldn't that mean the market is artificially inflated?
Knowledge from someone who has more value to society than someone making superfan videos.
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Old 04-15-2020, 10:44 AM   #4530
Discuss Thrower Discuss Thrower is offline
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Advanced economies will shrink about 35% this quarter from the prior three months, four times as much as the previous record set in 2008 during the financial crisis, according to annualized figures from Goldman Sachs Group Inc.

How fast economies will rebound is an open question because nobody knows how quickly people can get back to work, New York-based economist Jan Hatzius wrote in a note to clients dated April 13.
Source
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